The Motley Fool Discussion Boards

Previous Page

Industry Discussions / Retail


Subject:  Re: Luckin Coffee Date:  6/2/2020  1:48 PM
Author:  pauleckler Number:  605 of 608

Accounting irregularities can be very off putting. Without reliable accounting how do you know where your money is or how your investment is performing. And that goes double for a Chinese company where accounting standards can be fuzzy at best.

The company should issue revised numbers for the period of misinformation. Most will study its revised report carefully to see if the company has growth potential (or even makes a profit).
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us