EVERGREEN MAX CASH CAPITAL BERHAD

KLSE (MYR): EMCC (0286)

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Last Price

0.48

Today's Change

+0.01 (2.13%)

Day's Change

0.475 - 0.49

Trading Volume

10,995,200


1 person likes this.

546 comment(s). Last comment by SHOB 2 days ago

limyauc

29 posts

Posted by limyauc > 1 month ago | Report Abuse

GRAND OPENING OF NEW BRANCHES IN TEMERLOH
Posted on February 2, 2024 by adminemc


limyauc

29 posts

Posted by limyauc > 1 month ago | Report Abuse

Congratulations for Pajaking and Ar-Rahnu Cahaya on the successful grand opening of new branches in Temerloh! The dedication and commitment to expansion signify professionalism and drive for growth. Wishing Pajaking & Ar-Rahnu Cahaya the best of luck on this new venture, may it bring prosperity and success to the businesses.

Posted by Prosperity168 > 1 month ago | Report Abuse

Good information shared by limyauc from Philip Capital recommended Long term buy because its business Model is low risk, high return, resilience against business cycles and slightly better performance than PPJACK in the future due to EMCC robust anticipated growth in profits.

Income

10,396 posts

Posted by Income > 1 month ago | Report Abuse

Agjl
Today’s star paper bz section page 5” Pawnbrokers in for a strong financial year”. Now or never….when its too late
30/03/2024 2:24 PM

Agjl, you MIA
Now come back.

nahcee

445 posts

Posted by nahcee > 1 month ago | Report Abuse

strong buying. ATH with increase Vol. Add more position

Posted by Lightworkss > 1 month ago | Report Abuse

Top up top up !

Posted by Gentingbig > 1 month ago | Report Abuse

was told this morning to buy this counter at weakness but then at what level is call weakness? was told TP @ 80 cents. can give me a tip ?

T1T4N

262 posts

Posted by T1T4N > 1 month ago | Report Abuse

Y2022: PAPAJACK listing ipo, opens premium 30% first day.
Y2023: EMCC seeks IPO, PAPAJACK shot up 300% on the news(30sens to rm1). EMCC IPO Debut premium at 30%.

Y2024: https://www.freemalaysiatoday.com/category/business/2023/12/22/another-pawn-shop-operator-seeks-bursa-malaysia-listing/
Another pawnshop seek listing.
+ GOLD PRICE all time high
+ RAYA economy + Pawnshop biz good, queueing up everyday

EMCC is time to 300% from 30sen, TP RM1 like what happen to PPJ!

T1T4N

262 posts

Posted by T1T4N > 1 month ago | Report Abuse

HODL like GOLD. TP RM1.00 before WELLCHIP ipo (new pawn shop). Bankers will make higher valuation for new IPO if EMCC has higher stock price

T1T4N

262 posts

Posted by T1T4N > 1 month ago | Report Abuse

LOAD up now. Last chance~

Agjl

5,583 posts

Posted by Agjl > 4 weeks ago | Report Abuse

Hi Titan, when is well chip targeted listing?

T1T4N

262 posts

Posted by T1T4N > 3 weeks ago | Report Abuse

https://www.sc.com.my/resources/prospectus-exposure/prospectus-exposure-well-chip-group-berhad-well-chip

Anytime, SC already publish for listing.
Pending ipo price valuation

Andy2378

20 posts

Posted by Andy2378 > 3 weeks ago | Report Abuse

I buy in already...

Posted by WINDX1221 > 3 weeks ago | Report Abuse

operator sleep very well

Posted by Keqing Tan > 3 weeks ago | Report Abuse

I think most probably nxt month or june will listing on bursa cause for MITI subscribe haven't close application yet

Posted by Keqing Tan > 3 weeks ago | Report Abuse

lets focus on emcc first go fot ATH again!

Andy2378

20 posts

Posted by Andy2378 > 3 weeks ago | Report Abuse

Emcc.. I am waitting u too long...

T1T4N

262 posts

Posted by T1T4N > 3 weeks ago | Report Abuse

Revenue to increase 30% to 50%, COST remaining the same.
Profit and margin will increasingly shoot up, making the PE ratio of the stock low, this is how PPJACK double it price last year.

Get onboard before it hits 80sens

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Sudah kenyang. Small appetite

Andy2378

20 posts

Posted by Andy2378 > 2 weeks ago | Report Abuse

lol.. Emcc everyday down and down.... Never up.....

Posted by EngineeringProfit > 2 weeks ago | Report Abuse

Down then only I can have another ride

nahcee

445 posts

Posted by nahcee > 2 weeks ago | Report Abuse

opportunity to grab at discount price. Before engine start towards 6th floor

T1T4N

262 posts

Posted by T1T4N > 2 weeks ago | Report Abuse

anything Below 50sen is a STEAL.

T1T4N

262 posts

Posted by T1T4N > 2 weeks ago | Report Abuse

Look at the buy bid, all 1million +-.
Outright manipulation by bankers, they are Accumulating.... and you guys are throwing?

T1T4N

262 posts

Posted by T1T4N > 2 weeks ago | Report Abuse

Same pattern almost alot of days, morning session retail throw down... and then evening eat up.
ACCUMULATION PHASE from weak hands.

Posted by DragonPhoenix > 1 week ago | Report Abuse

Lao sai

nahcee

445 posts

Posted by nahcee > 1 week ago | Report Abuse

deep correction, shake out weak retailer.

Posted by kjstk1234 > 1 week ago | Report Abuse

what is the impact of PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RRPTS

Posted by kjstk1234 > 1 week ago | Report Abuse

gold price is moving down, what is the impact on stock price

Posted by LilasIkuta > 1 week ago | Report Abuse

0.41 >0.495 sell, thats 20% profit edi.

Buy AT 0.43-45, Sell 0.57-0.6 next

6 days ago

3 weeks ago

T1T4N

262 posts

Posted by T1T4N > 1 week ago | Report Abuse

kjstk1234
Mandate for RRPTS is to let the directors have power to decide on certain transaction value of the company WITHOUT having to make announcement.
For example anything below 1million, does not need an announcement. This is to reduce administrative works and redundancy.

GOLD PRICE is still at ALL TIME HIGH ZONE above $2300.
Price has never broke $1900 before in 50 years.
Impact: Revenue of Pawnshop surely will be BLOOMING!


LilasIkuta
Well done, anything below 50sen collect more!

T1T4N

262 posts

Posted by T1T4N > 1 week ago | Report Abuse

FIRSTCASH HOldings
Check out Nasdaq Pawnshop Stocks, Rocketing up since y2023.

We are just begining

nahcee

445 posts

Posted by nahcee > 1 week ago | Report Abuse

gain momentum, sail north again.

SHOB

566 posts

Posted by SHOB > 1 week ago | Report Abuse

drop again

Heavy987

130 posts

Posted by Heavy987 > 1 week ago | Report Abuse

qr gonna be released tmr ?

nahcee

445 posts

Posted by nahcee > 1 week ago | Report Abuse

another month , 23/5. Accumulation mode now

Posted by thock7338 > 1 week ago | Report Abuse

Annual report out

Posted by thock7338 > 1 week ago | Report Abuse

Pay attention esp 30 largest shareholders

Posted by Lester Teow > 1 week ago | Report Abuse

Quite many institutional investors

Posted by Lester Teow > 1 week ago | Report Abuse

Q1 & Q2 must be good business, CNY+RAYA+GOLD Price shoot up

Posted by LilasIkuta > 5 days ago | Report Abuse

BUY 0.47-0.49
TP 0.6
thanks me later

nahcee

445 posts

Posted by nahcee > 5 days ago | Report Abuse

is Al-Rahnu Cahaya belongs to EMCC ?

Income

10,396 posts

Posted by Income > 4 days ago | Report Abuse

According to new data released by the Bureau of Labor Statistics early Tuesday, the employment cost index, which measures compensation and benefits, increased 1.2% from December to March — the highest increase in a year — after rising 0.9% at the end of 2023.

BursaKakis

408 posts

Posted by BursaKakis > 3 days ago | Report Abuse

How gold price movement influences pawnbroking activities

"For the first quarter of 2024, we observed that there were more customers patronising our pawnshops, leading to more pawn transactions. Also, we do observe the pawn amout per ticket has increased in value. This is attributed to the increase in the gold price for the past 12 months and customers are able to fetch a higher pawn price for each gram of gold jewellery," says Low Kai Loon, executive director of Bursa Malaysia-listed Evergreen Max Cash Capital Berhad (EMCC), which operates 27 pawnshops in the country.

The company, which derived 35.2% and 74% of its revenue and profits before tax (PBT) respectively from pawnbroking for its financial year ended 31 Dec, 2023 (FY2023), expects revenue from this segment to grow 20% this year.

EMCC says the rice in gold prices led to higher revenue and profitability from the sale of unredeemed pledges, as 99% of the pledges consisted of gold.

For EMCC, the sale of unredeemed gold pledges falls under the trading and retailing of gold and luxury products segment, which contributed 64.8% ans 27% to its total revenue and PBT respectively in FY2023.

Overall, for FY2024, EMCC is projecting revenue growth of 20% to 30%.

The Edge Malaysia, April 29, 2024

T1T4N

262 posts

Posted by T1T4N > 2 days ago | Report Abuse

EMCC @ 0.47 cts May 1, 2024, TP 60sens

How gold price movement influences pawnbroking activities

"For the first quarter of 2024, we observed that there were more customers patronising our pawnshops, leading to more pawn transactions. Also, we do observe the pawn amout per ticket has increased in value. This is attributed to the increase in the gold price for the past 12 months and customers are able to fetch a higher pawn price for each gram of gold jewellery," says Low Kai Loon, executive director of Bursa Malaysia-listed Evergreen Max Cash Capital Berhad (EMCC), which operates 27 pawnshops in the country.

The company, which derived 35.2% and 74% of its revenue and profits before tax (PBT) respectively from pawnbroking for its financial year ended 31 Dec, 2023 (FY2023), expects revenue from this segment to grow 20% this year.

EMCC says the rise in gold prices led to higher revenue and profitability from the sale of unredeemed pledges, as 99% of the pledges consisted of gold.

For EMCC, the sale of unredeemed gold pledges falls under the trading and retailing of gold and luxury products segment, which contributed 64.8% ans 27% to its total revenue and PBT respectively in FY2023.

Overall, for FY2024, EMCC is projecting revenue growth of 20% to 30%.

The Edge Malaysia, April 29, 2024

Posted by LilasIkuta > 2 days ago | Report Abuse

BUY 0.47-0.49
TP 0.6
thanks me later

SHOB

566 posts

Posted by SHOB > 2 days ago | Report Abuse

will flying ....catch your plane

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