EVERGREEN MAX CASH CAPITAL BERHAD
KLSE (MYR): EMCC (0286)
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Last Price
0.51
Today's Change
+0.025 (5.15%)
Day's Change
0.48 - 0.515
Trading Volume
25,935,400
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
1 person likes this. Showing 50 of 574 comments
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 month 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!
4 weeks ago
FIRSTCASH HOldings
Check out Nasdaq Pawnshop Stocks, Rocketing up since y2023.
We are just begining
4 weeks 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.
3 weeks 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 weeks 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
2 weeks ago
Heard QR will have Explosive growth +++++
Insider entering big now... get yourself in guys
2 weeks ago
bearish continue after UOBKH given buy call signal. Next TP 0.565 and 0.595 it say. Operator press down price to collect before shoot up. Nothing to worry
2 weeks ago
Average accumulation cost : 420 (from IPO to about 120 days)
hit 25% profit line, 525, on 2Apr
now at 12.5% 470,
50% profit 630, 75% profit 735, 100% profit 840
IPO 240,
NM 17%, PE32, fundamental good
2 weeks ago
How gold price movement influences pawnbroking activities
https://theedgemalaysia.com/node/709877
2 weeks ago
till 15Apr, 100% trapped above 500, with average at 525
till 2May, 70% trapped above 485, with average at 525
till 7May, 70% between 465 to 525, there are still 30% above 525
7May's drop washed away some trapped retailers, accumulation at 470 is about 30%
till 9May, there are still 30% above 525 to clear, it will take quite some time.
Good luck.
2 weeks ago
economy bad pawnbroker is good, economy good also pawnbrowker is good.
very good for hedging to balance our portfolio either good or worst economic scenario.
huat ah!
1 week ago
当铺经营不动产抵押业务，已成为典当业发展一个新的经济增长点，经营当铺已超过10年的苌菁资本（EMCC,0286,创业板金融服务组），准备扩展业务规模，预期在2024年之前新增设5家当铺。
2024年之前。。。写错了吧。应该是2025年前吧。
去年收购2家而已。
如果今年可以收购5家，那么成长可期
1 week ago
这个行业里面，资金越多，保持风险控制，理论上是可以不断增长的；EMCC除了在2024年内计划再多适合5家Pajaking当铺外时，也可以把RM 3000万投入到典当业务里面，随着公司可借贷的资金增加。
1 week ago
EMCC already added from 22 pawn shops to 27 in FEB2024!!!, can refer annual report & EMCC facebook. super efficient managment. Bot 2 shops in mid/nov/23, 3 more in Jan/Feb 24
3 days ago
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