Starbucks stock

LUCKIN COFFEE: STRONG COFFEE BREWING IN TAMPINES ONE?

Dear readers, Luckin Coffee will open in Tampines One shopping centre!  That’s right, the oft-called Starbucks of China will open in the east of Singapore, in Tampines after stores in other parts of Singapore like Marina Square and Suntec City.

I was passing by Tampines One shopping centre recently when I saw that renovation was ongoing and the temporary renovation covering walls had the announcement that Luckin Coffee will open in mid May 2023, which is this month!

I first came across Luckin Coffee when it first listed in the US some years back. Though eager to invest in the Starbuck of China stock, I eventually held off. I was glad that I had done so as the stock had since then experienced its share of less than positive developments: delisting etc (you can read more here).

I have been excited that Luckin Coffee has opened in Singapore as I have always wanted to try the coffee ever since the company expanded to the US. I was at the Marina Square branch in recent weeks but did not purchase the coffee as I understand that purchase is done via apps and I did not have the app installed.

I believe I will try the coffee one day and share with you readers on whether it is worth your monies! Just like what I have been sharing when I have tasted good coffee!

For now, almost everyday, I am drinking coffee at just 50 cents per cup! Yes, 50 cents per cup!

You may wonder how amidst this hight inflation environment, a cup of coffee can cost only 50 cents per cup? Well, this can only be through a promotion. Yes, that is right, as part of Labour Day celebration, Kopitiam is offering 50 cents per cup coffee for NTUC members for the month of May 23. I tried the 50 cents coffee and I can only say for stronger and less sweet versions of the coffee, I ordered Coffee Tilok and the taste normally does not fail me.

I need strong coffee for the various tasks of the day! I wish you a happy and restful weekends!

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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