MrYuan
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$Chagee Holdings (CHA.US)$ from 28 IPO price drop to 14+ 50% down. if their propectus ipo pricing at 18 PE. now is 9PE. it should form a solid support now. anyway my avg price is 14.75. so i still can tolerate another 10-15% drop.
waiting for earning report to see the numbers.
waiting for earning report to see the numbers.
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MrYuan
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The faster Chagee expands by opening up new stores, the faster its burns its own free cashflow, Chagee managed to generate a lot of free cashflow from their IPO this year at the issue price of $28
With the rate of Chagee opening up multiple new stores in both China and Southeast asia, some of the stores might not even be generating profits after deducting rental, and manpower costs
I predict Chagee owne...
With the rate of Chagee opening up multiple new stores in both China and Southeast asia, some of the stores might not even be generating profits after deducting rental, and manpower costs
I predict Chagee owne...
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MrYuan
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$Chagee Holdings (CHA.US)$ It appears from LinkedIn that recruitment for positions targeting Japanese and Korean markets has already begun.
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MrYuan
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$Chagee Holdings (CHA.US)$ i can finally add another 1k shares 🤩
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MrYuan
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$Chagee Holdings (CHA.US)$ The stock is dropping because of manipulation by big players ,not because of the performance of the company .Even if the performance of the company is poor ,The stock price should not be this low .This is dirt cheap right now .Look at market cap .Sales may not be the best in China .But they are certainly not losing money .still profitbale .look at other companies performance compared to their market cap .This stock is really to buy and not touch it .
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MrYuan
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$Chagee Holdings (CHA.US)$ Are there a thousand people here? Each person prepares ten thousand US dollars. Can we directly sell to them until the price falls below ten yuan?
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MrYuan
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$Chagee Holdings (CHA.US)$ There is still a certain level of sell-off.
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MrYuan
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$Chagee Holdings (CHA.US)$ Many investors thought upon expiry of lock-up period price will plunge. Now we are seeing the opposite as I believe the company will push stock price up so that employees and associates can benefit from this ESOS exercise.
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MrYuan
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MrYuan : You can rest assured with this price for a year; there will be a 50-70% return.