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Luckin Coffee (LKNCY)

OTC Markets
Currency in USD
Disclaimer
22.48
+1.48(+7.05%)
Closed
After Hours
22.51+0.03(+0.13%)

LKNCY Price Commentary

28
25.65
21.51
Reached 18.50 today
Forget this entire China **** hope that they get delisted! Chinese Ponzi - don‘t you get it? I don‘t even understand, why these Chinese ADR‘s are still allowed to be traded on US exchanges! Are the US regulators hibernating?
my friend you are talking about billions and billions here and there, getting out from US market will crash down USA markets. I belive it will be relisted after the annual report of 2021. This stock has growth in a highly populated place on earth. focus on numbers and leave the dramas.
IPO pricing was vakued 17. Still considering at low price...
Was once 250 M vol.
with renewable management , china regulator over seeing it, should baseline it at 25. The Rest it up to the business earning.
luckin is still confine within china unlike starbuck international hence the growth is hugh
Luckin Coffee Completes Financing Milestone Under Restructuring Support AgreementJune 15, 2021 8:45 AM BEIJING, June 15, 2021 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (in Provisional Liquidation) (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has completed the Financing Milestone (as defined below), as contemplated under the restructuring support agreement (“RSA”) entered into with holders of Luckin Coffee’s US$460 million 0.75% Convertible Senior Notes due 2025 (the “Notes”).As previously announced, the RSA requires the Company to obtain reasonable assurance of funding outside of the People’s Republic of China (“PRC”) in an amount sufficient to satisfy the cash consideration to be distributed to the holders of the Notes under the RSA by June 14, 2021 (the “Financing Milestone”). The Company has completed the PRC regulatory approval process, including obtaining relevant approvals from The State Administration of Foreign Exchange (“SAFE”) of the PRC through
Advise HOLD
What's the possibility of this stock getting delisted?
already restructure is done
Congratulations who bought
buy this level this is really cheap
Indeed...
Rebounding back..could be ipo level min.
indeed... in dip...
0 0 3 5 9 8 7 9 2 7 7 7 6 6 advises how to manage
Audtitor by china and usa regulator. Same reasons how they discoverLuckin was fraud last year due to whistle blower. 👌
This luckin the first china geniu *****is under spotlight now, cant do anything funny then soley based on focusing their businesses. If another time,I think it will affect all china compnaies listing on usa exchange.
Do note the major share holders are still losing money due to fraud by these managemnet. Hence they willAlso spotlight it to see it success to recover by all means. Will take a little longer. But this year is good year.
The management has no controlOver the company. Check the backer shareholders of this company. These are the major shareholders that would want this company to success. Hence chp 15 is the protection for growth as the businesses are stillEarning big money. The new management are just the executor.
Did you bought Tariq?
loaded like helll
Mark my words
loaded like any thing, with this price 6.5 you can do 300% to 400% in a year.Double in short term 👍
What proportion of your portfolio you have loaded for luckin
now its 50% up 16/06
A good chance to double up for last year lost. This is like virgin altantic
The company internal conflict still not resolved. Not optimistic on this chapter 15
From 50 to 1 back to 11 and now 6. Theres many companies in usa filing chapter 15 is norm. Worst is chapter 11/7. 15 is a good one for protection.
Is a good time to get some..
A good chance to double up for recovery ... since last year...
A good protection filing based on internsrional court to handle cases of debtors and creditor in fair way. Better. Businees will be as usual.
A filing to abandon debt legally, close some unprofitable ops and re/focus on core business. A good protection.
Chapter15 is a correct legalmove for Lk to protect the company shareholder due to the pasts fraud. Is still otc. It allow both us and china court to work together against court officially. A protection.
Year of a bullChinese new year . Chinese are buying in and will bring up the sales back to 250 M vol. least back to ipo pricing
No
reaching 10 soon
and we are back ( almost )
Year of chineseBulls for lucky to recover back to 250 M vol again.
I have lost tons here
Good stuff
Same.. where i falled is where i climb back...again.
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