OldNWMonkey
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The financial fraud scandal of Luckin Coffee has shocked the world, leading to the passage of the Holding Foreign Companies Accountable Act by the U.S. Congress. After being fined $180 million and delisted from the U.S. stock market, many believed that it marked the end for Luckin. However, astonishingly, Luckin Coffee has survived in both the Chinese and international market, even pulling off a significant economic turnaround. In fact, as of this year, they have s...
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OldNWMonkey
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$Luckin Coffee(LKNCY.US$
Qingdao local government will invest 3 billion RMB (450 M USD) to build another roasting factory for luckin coffee with a capacity of 55,000 tons. as a comparison, plus the factory in Xiamen, total capacity will reach 60,000 tons. Luckin coffee consumed 22,000 tons in 2023. we will see 3x growth in the near future. Starbucks purchased 360,000 tons of beans a year. luckin will be like 17% of SBUX. currently it's about 5.5% of SBUX market cap.
local government reports i...
Qingdao local government will invest 3 billion RMB (450 M USD) to build another roasting factory for luckin coffee with a capacity of 55,000 tons. as a comparison, plus the factory in Xiamen, total capacity will reach 60,000 tons. Luckin coffee consumed 22,000 tons in 2023. we will see 3x growth in the near future. Starbucks purchased 360,000 tons of beans a year. luckin will be like 17% of SBUX. currently it's about 5.5% of SBUX market cap.
local government reports i...
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$Wells Fargo & Co(WFC.US$ wells fargo trading is down…cannot even view the account details…
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OldNWMonkey
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$Bank of America(BAC.US$ is a great investment but.......
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OldNWMonkey
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$SuRo Capital(SSSS.US$ Dividend yield is showing 135%. How true is this?
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OldNWMonkey
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$Futu Holdings Ltd(FUTU.US$ Extra large capital in flow is actually up today. I believe it’s retail selling out , and impatient peeps, or others tired of waiting. She will turn around.
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$SuRo Capital(SSSS.US$ another $2 dividends and share buy back extended. buy!
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OldNWMonkey
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$SuRo Capital(SSSS.US$ how do I opt for 100% cash payout for Divi rather then 50/50??
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OldNWMonkey
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$ROMEO POWER INC(RMO.US$ less than 1M sale in a whole fuking Q….unbelievable :(
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OldNWMonkey : Needs to get out of OTC status to be considered by big buyers