Lucky favour is encountered since appearing on the market the biggest drop.
On April 2, lucky favour coffee (NASDAQ:LK) announce, company board of directors already established special committee, be in charge of supervising in up to the money December 31, 2019 year during audit of amalgamative and financial forms for reporting statistics, submit to the internal investigation of the certain problem that the board of directors notes. The message with this preliminary and clear investigation makes clear, from 2019 the 2nd quarter arrives the four seasons was spent 2019, lucky favour coffee at trading phonily relevant total sale amount is a RMB about 2.2 billion yuan. During this, certain cost and charge also expand considerably because of trading phonily.
In the meantime, the report also alludes, afore-mentioned numbers have not pass special committee, the independent test and verify of the independent auditor of its adviser or company, and undertake and may be changed as what interior investigates. The company is evaluating misfeasance the integral finance affairs of financial to its forms for reporting statistics is affected.
After the report is released, lucky favour coffee dish before drop even more 80% , open quotation signs up for 4.91 dollars, drop still be as high as 81.26% . Market prise drops time appear on the market first days level, up to before distributing news dispatches, for 6.632 billion dollar.
Lucky favour coffee is current share price, the picture comes from rich road ox
In the report, lucky favour says, official of company presiding operation holds trustee Liu concurrently to built gentleman and a few employee that report to him to be engaged in misfeasance, include concoctive and certain trade. To this, special committee suggests to adopt certain remedy measure temporarily, include break down Liu to build gentleman and this kind of employee that are suspected of misfeasance, and break down trades phonily with what already decided involve square contract and trade. The board of directors accepted the proposal of special committee, forged a trading support of the people to just implement these proposals when the thing in the light of the participation that decides at present. The company will take all and proper step, include legal operation. Be based on this, the money of before 2019 9 months that investor also will rely on his to release no longer signs up for information.
Lucky favour announces finance affairs this to make false relevant findings, it is a very passive activity, with this before do empty disturbance and the beauty that bring subsequently collective of place of much home law is sued about. On January 31, famous the faceless report that makes water of empty orgnaization muddy ever said to receive to I hope about luck, muddy water thinks to report content is belonged to solid, push in the government go up especially released this to make empty report.
Once this report is released, luck Is hope that day share price dish in drop exceed 26% , closing quotation drops close 10.7% . Subsequently, lucky favour denies all accusation, say the report is without a basis, prove means existence defect, belong to baleful accusation.
Dan Ruixing is in refute accusation while, did not give out cogent financial data and evidence. According to TechWeb message, on March 25, office of attorney of American much home issues statement, warn investor, the collective lawsuit of coffee of concerned luck favour is about to refer time to finally. Include the GPM law place of California, Schall law place, the Gross law place of new York city, Faruqi law place, Rosen law place and Pomerantz inside place of much home law expresses, if try,the loss was recovered to the investor that share of Guo Ruixing coffee buys between January 31, 2020 on November 13, 2019, can contact with law place, chief prosecutor date of expiration is on April 13, 2020.
Regard home as first Internet coffee company that appear on the market, controversy is ceaseless since lucky favour coffee is born oneself, appear on the market up to now its profit pattern did not run from beginning to end, the outside is right its " the allowance that burn money changes growth " the doubt of mode also all the time cannot abreaction, of muddy water do empty He Ruixing the attitude that preliminary and financial findings also affected capital market greatly, luck Is hope twice since this year share price fluctuates considerably concern with this.
Epidemic situation is the grimmest period, in 4500 much door inn of lucky favour whole nation only 500 still are doing business, body amount is larger, the time that restores normal need is longer. To restore to sell as early as possible, luck Is hope not only at the line going up during the Spring Festival new activity of round of allowance, still go up at the near future line " week of number of · of oriental cherry shopping section " , placed tens of money amount products, full 999 decrease 100. Hit " explode article fall continuously " , " in a limited time the second is killed " these words on electric business platform, share price also had short-term to pick up because of these act.
"Finance affairs makes a holiday " , " place of much home law is sued " , it is lucky favour faces bigger dilemma nowadays.
(the picture comes from lucky favour government)
