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It may drag the whole market down, and LKNCY may feel the effects
Depends on how severe
I don't believe the CPI will have any effect on LUCKIN, I do believe that once it reaches its desired price a consolidation will then occur.
Not sure if $15 is the area down, but anything is possible in this market.
If the CPI numbers come out poor, I see a pullback to the 15$ mark
Anyone care to offer their expectations as to where LUCKIN share price will be by end of week, personally I believe it will finally be at or above $18.00.
All thoughts provided by you seem reasonable, I surmise by the trading in LUCKIN, those in the inner circle want the Price much Higher before relisting should that happen.
I don't believe it would be unreasonable to think a Price somewhere between $35-$40 would Not be in the ballpark if relisting does occur.
My thoughts are in my post.
Recap:
The uplist is the major catalyst. It will be an IPO like event that will create significant upside based on recent fundamentals and year over year growth. Institutions will lock up shares and create price stability at a much higher level revealing a proper valuation. My educated guess would be 5/6X current revs. You can do the math.
Wild cards…
China/SEC auditing FUD
Centurium’s hold on majority shares create some concerns given their leverage.
Where is Cycle, if you're still here how are you, and what are your thoughts now on LUCKIN??
All you need to understand is the true valuation of the company given recent financials. 2.5x current sp seems reasonable today, which yields a 10 billion dollar valuation. That is 5x current rev’s, again reasonable given their growth rate. Peer comps will guide you.
However,
China FUD will play a part in real upside potential until it’s no longer a CNBC headline.
The OTC playground we trade in will hold this down and will manipulate the sp until we relist. So the true valuation argument will not hold water until we relist and SEC/China regulatory FUD resolves. Centurium’s majority share hold creates some concern and uncertainty as well.
Relist will bring tutes and an IPO type surge. Tutes will lock down shares and stabilize the sp at a much higher level. Fundamentals will then create the trading range, along with continuing growth expectations and forward-looking global expansion.
Comp:
SBUX
Stagnant to negative growth, retracement in China, store count decreasing, bottom line shrinking. COG’s and unionized employees wreaking havoc on profit,
24 P/E, $100B MC. No room to grow.
Luckin,
incredible tech savvy growth model, expanding store count & revenues, growing bottom line, no debt, profitable, $4B MC which is ridiculous.
Catalysts galore….Relist, China FUD dissolves, COVID China lockdowns dissipate and reveal real rev potential, constantly increasing store count, global expansion vision, internally sourced and controlled COG’s, sustainable labor. All things needed in order to help maintain and grow margins.
Do the math. Clearly some risks remain, but the reward could be 10x in the not to distant future. Comparing the current state of this company to it’s notoriously ill-fated Fat Lu version that ran to $50 IPO, would be like comparing Hertz to Avis/Budget. This is the new Luckin. She is severely undervalued given some headwinds. If and when those headwinds resolve, this is a $40-50 stock with ease.
At the moment Luckin is on an accelerated pase to hit $20.00 shortly, I suspect sometime
next month this target should be met.[
Long term $50.00 is manageable, no doubt worth the wait in my opinion./b]
Delivery is big percentage of revenue, so not they want to cut, but those operate companies might be, because their profit from coffee payers is relatively minimum.
They wanted to cut back on delivery services pre-cov*d but I suppose they could continue with home/office delivery.
Oversea massage says even though Covid locked down, people still drinking Luckin coffee every day, because its nice taste and its cheaper price advantage compare to Starbucks , so long term could be $65 !
That seems like a smart move, it appears highly probable that Luckin still has plenty of upside to go, so why NOT be buying more now than later.
However, today may NOT be that day, market looking terrible, perhaps later in week as I suspect Luckin returns to the $15.00 area soon.
Not many stocks showed positive trading on Friday... LKNCY was strong finish. If it was a green day for the market we would be over $20
I am buying all I can before we hit $50
I have no doubt that the $20.00 Mark is just a week or 2 away, there could always be a pullback but that will only give Luckin even more upside momentum.
Next week could be very exciting I believe, can we get to $18.00.
New HIGH just around the corner, Luckin just a few ticks away from $20.00
I would NOT be surprised if that were true, just a matter of time for luckin to explode.
With them beating revenue estimate by 50%,,,, I think we will see $20 in Sept, if not $30
Been quite an interesting week so far, will be exciting to see if luckin finally breaks through $17.50 by months end.
Everything coming to fruition, huge volume as expected and a comfortable close at day's end.
Looking forward to see what tomorrow brings, I'm optimistic that LUCKIN can reach $16.50-$17.00 on huge volume again before its final push to $20.00.
Keep it slow and steady!
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
Get on board now! Train's leaving without you!
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
I always believe in Luckin Coffee that is why I bet big on it two years ago, yes don't lose patience in something you believe in wholeheartedly, but I made a lot more and lot quicker than if I held Luckin Coffee. I know you might say, why don't join back in? I won't, rule number one for me is once I am out of trade, I never get back in, especially a ticker that didn't treat me well. The only 1-2 tickers that I got back in was AM*C and TSL*A. I wish you the best of luck.
So I guess what you are saying is patience pays off, or perhaps it also means that if you believe in something don't lose faith.
I personally reinvested in LUCKIN at a very low price and haven't sold yet, in that time the price has gone up and down a number of times without my losing confidence in the company.
Hopefully, I've made the right decision, I believe I have.
I bought this 100,000 shares at 10.25 took a loss of 140,000 dollars, but it took 2 years to get where it is today and in two years I would have made a little over 400,000 grand.
Sounds good, but I'll be happy to see the original highs that LUCKIN made before its delisting, should that occur I'll decide what to do next.
Let's hope Monday is what we are hoping for, after that we'll have a better idea what to anticipate.
I'm willing to let it grow up to be a Starbucks. SBUX mktcap $100B. LKNCY mktcap $4B. That's 25X from here times the $14 current price = $350 price target. That's ambitious but doable. Especially considering China has 4X the U.S population.
That's a hell of a long time period, I was thinking more like 2 years as next year should be $35-$50.
As for more than that what are you expecting,$100, one needs to sell sooner or later, but 5+ is pushing it just a little too much.
Long term hold 5+ years
I know exactly what you mean, but I can assure you LUCKIN will continue to be a huge winner this year and next.
Thanks. I've been paying more attention to my other stocks. This one is low maintenance. Hoping for good earnings also
Good to see you Surfer, for a second I thought no one was here.
I agree with you that politics and covid can play an important role with Monday's report, would be great that we could be pleasantly surprised.
I can confirm that one of the few things Republican and Democrat leaders agree on in the U.S.A is foreign policy (with only a few exceptions).
Actually politics could have an effect on this stock too. Besides c*vid. The following video was funded by China. It shows they are taking things seriously.
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
I'm here. Just watching it go up with my shares (one of my few growth stocks). Might have good earnings despite the c*vid lockdowns. Who knows.
I can assume from the total silence here that there is no longer a message board for LUCKIN, doesn't pay to waste time messaging any longer.
I guess I will need to wait until LUCKIN is relisted on nasdaq, at that time the board will be flooded with opinions.
Anyone wants to speculate on LUCKIN ER this Monday, personally I'm not looking for anything ground breaking.
I will be happy if the price remains where it is, usually after reports the price goes down, so why should it be anything different.
[Even though LUCKIN has been going through these wild price gyrations, I have total belief in this company, and have NO doubt $20.00 or higher will be seen this year.
Not sure, however by the way LUCKIN has been trading these past few days, I suspect there to be a huge upside move within the coming days.
One thing is for sure, being SHORT at this time could be suicidal.
What is LKNCY expecting?
TIME TO BE BUYING MORE LUCKIN, NEXT WEEK IT SHOULD FLY TO NEW HIIGHS.
LUCKIN getting closer in testing its yearly HIGHS, will be exciting to see what this week brings us.
Definitely looking great, never expected LUCKIN to make the move it has.
The stock could easily break HIGHER and test its 52 week HIGHS, would not surprise me if LUCKIN can actually hit the $20.00 Mark sooner than anyone expected.
Sorry, i mean its price per cup.
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