EVERGREEN MAX CASH CAPITAL BERHAD
KLSE (MYR): EMCC (0286)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.48
Today's Change
+0.01 (2.13%)
Day's Change
0.47 - 0.485
Trading Volume
8,564,900
News and Blogs
Discussions
1 person likes this. Showing 50 of 561 comments
Pump it up to 60sens! comon
https://www.freemalaysiatoday.com/category/highlight/2024/04/09/more-malaysians-pawning-jewellery-as-gold-hits-new-highs/
4 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
4 weeks ago
Look at the buy bid, all 1million +-.
Outright manipulation by bankers, they are Accumulating.... and you guys are throwing?
3 weeks ago
Same pattern almost alot of days, morning session retail throw down... and then evening eat up.
ACCUMULATION PHASE from weak hands.
3 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
2 weeks 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!
2 weeks ago
FIRSTCASH HOldings
Check out Nasdaq Pawnshop Stocks, Rocketing up since y2023.
We are just begining
2 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.
1 week 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
1 week 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 week ago
Heard QR will have Explosive growth +++++
Insider entering big now... get yourself in guys
4 days 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 days 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 days ago
How gold price movement influences pawnbroking activities
https://theedgemalaysia.com/node/709877
2 days 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 days 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 day ago
Post a Comment
Featured Posts
Get Your NVDA Share by Opening a Moomoo Account*!
MQ Trading Signals
Time
Signal
Duration
Type
2024-05-10 16:35:00
ADX
5 Mins
BUY
2024-05-10 16:30:00
EMA 5
10 Mins
SELL
2024-05-10 16:30:00
MACD/RSI
5 Mins
SELL
2024-05-10 16:15:00
EMA 5
5 Mins
SELL
2024-05-10 16:10:00
ADX
10 Mins
SELL
Apps
Top Articles
1
Nuclearinvestment
2
3
6
BFM Podcast
7
THE INVESTMENT APPROACH OF CALVIN TAN
CALVIN TAN SAY, THANK YOU 9 MILLION TIMES FOR 9 MILLION PAGE VIEWS IN i3 INVESTORS' FORUM!
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
Keqing Tan
I think most probably nxt month or june will listing on bursa cause for MITI subscribe haven't close application yet
1 month ago