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LKNCY Luckin Coffee

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  • 25.220
  • -0.220-0.86%
15min DelayClose Oct 11 16:00 ET
  • 25.160
  • -0.060-0.24%
Post 16:00 ET
7.08BMarket Cap27.56P/E (TTM)
Full Hours
  • 5D
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  • 1Q
  • 1Y

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Comments

    $JD.com (JD.US)$
    based on their data and study, the central government is confident that only 70 billion Yuan would accomplish the work.  I take that as a positive. I understood most people were disappointed but most people don't make money on the stock market either . only 20% of investors like me, can make money.  some may know  I lost over a million USD at $FFIE but I made more money from other stocks.  I did learn a big lesson from FFIE and I will never invest into a business I don't understa...
    4
    $Luckin Coffee (LKNCY.US)$
    Headwater funds sold their shares in the past weeks that was why the share price was driven to $19.  With the money, they purchased Chinese shares before the Chinese national Day. I believe, Paul Wu, the fund manager,   regretted his irrational selling already. And Lucky coffee has recovered and currently traded at $25.
    Even though I don't support this coffee chain (there are many better local options that could use our support), here's why Starbucks is essentially operating as a bank:
    1. They hold $1.77 billion in customer deposits through their rewards program - more than some actual banks!
    2. These deposits are interest-free loans from customers.
    3. They profit from unused gift card balances (about 10% annually).
    4. Unlike banks, customers can only "withdraw" coffee, guarante...
    StarBucks is esstentially a Bank
    1
    $Luckin Coffee (LKNCY.US)$
    So ever since 2020 when centorium what is the majority shareholder And the pandemic was going on plus the geopolitical nightmare that’s still going on three years later…. Maybe in 2020 or 2021, centuriums agenda was to relist on the NASDAQ (as they stated in their coference call).
    but they’re continuation to aid and Obed, Russia, and distance themselves geopolitically from the west they realized this is probably not the right path so in the midterm, they decided to wee...
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