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
Meeting
| Ann. Date | Date | Time | Type | Venue | View |
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Discussions
1 person likes this. Showing 50 of 546 comments
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.
1 month ago
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.
1 month ago
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.
1 month ago
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 ?
1 month ago
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!
1 month ago
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
1 month ago
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
3 weeks ago
I think most probably nxt month or june will listing on bursa cause for MITI subscribe haven't close application yet
3 weeks ago
Pump it up to 60sens! comon
https://www.freemalaysiatoday.com/category/highlight/2024/04/09/more-malaysians-pawning-jewellery-as-gold-hits-new-highs/
3 weeks ago
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
3 weeks ago
Look at the buy bid, all 1million +-.
Outright manipulation by bankers, they are Accumulating.... and you guys are throwing?
2 weeks ago
Same pattern almost alot of days, morning session retail throw down... and then evening eat up.
ACCUMULATION PHASE from weak hands.
2 weeks ago
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
1 week ago
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!
1 week ago
FIRSTCASH HOldings
Check out Nasdaq Pawnshop Stocks, Rocketing up since y2023.
We are just begining
1 week ago
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.
4 days ago
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
3 days ago
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
1 day ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limyauc
GRAND OPENING OF NEW BRANCHES IN TEMERLOH
Posted on February 2, 2024 by adminemc
1 month ago