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gold stocks moving strong this morning
whats so good about mainboard got more gold? lum chang also moved
wehuattogether88 ( Date: 04-May-2026 13:35) Posted:
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I guess so
muifan ( Date: 04-May-2026 13:08) Posted:
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In anticipation of mainboard trading ?
Catalist-listed MoneyMax to transfer to SGX mainboard on May 6
The company&rsquo s placement of 53 million new shares on Monday fulfils the requirements for the move
[SINGAPORE] Catalist-listed pawnbroker MoneyMax Financial Services will transfer to the mainboard of the Singapore Exchange (SGX) on May 6, it said on Thursday (Apr 30).
The transfer will enhance the long-term value for its shareholders, the company said in January. Being on the mainboard will also boost its image and give it greater visibility and recognition, the company added.
MoneyMax on Monday also completed the placement of 53 million new ordinary shares at S$0.835 per share, raising S$44.3 million. They represent about 5.7 per cent of the previous total of 937.5 million MoneyMax shares.
&ldquo With the completion of this placement, we... have fulfilled the requirements for the transfer (to the mainboard),&rdquo said Dr Lim Yong Guan, executive chairman and chief executive of MoneyMax.
The price per new share represented a discount of about 3.1 per cent to the volume weighted average price of S$0.862 for trades done on Apr 15.
The placement received &ldquo robust demand&rdquo from institutional investors, said MoneyMax.
It also noted that long-only institutional fund managers under the Monetary Authority of Singapore&rsquo s Equity Market Development Programme, including Fullerton Fund Management, Lion Global Investors and Eastspring Investments, had subscribed for all the new shares.
In February, MoneyMax reported that its profit for the second half of 2025 nearly doubled to S$42 million, driven by strong growth in its core business segments.
Shares of MoneyMax rose 1.7 per cent to be S$0.015 up at S$0.925 as at 1.55 pm on Thursday.
quietly quietly moving up with small volumes.
These few session like who is buying along the way upwards.
wehuattogether88 ( Date: 30-Apr-2026 12:12) Posted:
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Transfer to Mainboard on 6 May
https://links.sgx.com/1.0.0/corporate-announcements/46VPBRA8HXSRFB2H/886989_Moneymax_Proposed%20Transfer%20to%20Mainboard_Effective%20Date%20of%20Transfer_SGX.pdf
https://links.sgx.com/1.0.0/corporate-announcements/46VPBRA8HXSRFB2H/886989_Moneymax_Proposed%20Transfer%20to%20Mainboard_Effective%20Date%20of%20Transfer_SGX.pdf
Agree. MoneyMax is a strong proxy to buying into gold.
wehuattogether88 ( Date: 30-Apr-2026 12:12) Posted:
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Also signal that Money Max will be a darling when they start moving to main board in May 2026.
International funds will be interested as well.
International funds will be interested as well.
Delvyss ( Date: 30-Apr-2026 11:46) Posted:
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MoneyMax deal signals how big-money funds are taking bigger role in Singapore stock market
https://www.straitstimes.com/business/moneymax-deal-signals-how-big-money-funds-are-taking-bigger-role-in-singapore-stock-market
Follow the smart money
Joelton ( Date: 28-Apr-2026 11:23) Posted:
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Looks like smart investors catching every dip as opportunity. Agree the EQDP purchase is a good indication.
Going Mainboard helps.
EQDP fund managers eyes on MoneyMax is a positive move.
EQDP fund managers eyes on MoneyMax is a positive move.
53 mil new MoneyMax shares snapped up by three EQDP fund managers
Financial services provider MoneyMax has raised $44.3 million from the issuance of 53 million new ordinary shares. Issued at 83.5 cents per share, all shares were taken up by Fullerton Fund Management, Lion Global Investors and Eastspring Investments, who are three of nine asset managers appointed by the Monetary Authority of Singapore to manage $5 billion of investment capital under the equity market development programme (EQDP).
The placement price of 83.5 cents represented a discount of approximately 3.1% to the volume weighted average price of 86.2 cents for trades done on the Singapore stock exchange on April 15, being the last full market day on which the company&rsquo s shares were traded prior to a trading halt on April 16.
MoneyMax will use the net proceeds of $43.4 million for general working capital purposes, particularly to support the growth of its pawnbroking portfolio and purchases of retail inventory.
Lim Yong Guan, executive chairman and CEO of MoneyMax, says: &ldquo We are pleased to welcome a strong group of new strategic shareholders comprising these long-only EQDP institutional fund managers, whose participation reflects confidence in MoneyMax&rsquo s growth prospects and long-term strategy.&rdquo
Following the completion of the new shares placement, the company&rsquo s issued shares has increased to 937,499,998, with approximately 16.9% of the total issued shares held in the hands of the public. The placement thus paves the way for the company to transfer from Catalist-board to the Mainboard of the stock exchange by allowing MoneyMax to comply with the minimum public shareholding spread requirement under the listing manual of the SGX-ST.
Lim says: &ldquo The placement has strengthened our public shareholding base as we progress towards a Main Board listing, while enhancing our financial flexibility to support the continued expansion of our pawnbroking and retail businesses.
&ldquo This marks an important milestone in MoneyMax&rsquo s corporate journey. Going forward, the group remains focused on delivering sustainable growth while strengthening its market position within the financial services ecosystem.&rdquo
The Edge Singapore understands that MoneyMax intends to complete the listing transfer by the first week of May.
CGS International Securities, DBS Bank and OCBC are the joint bookrunners of MoneyMax' s share placement.
As at 10.15am on April 27, the counter is trading at 88 cents, up two cents or 2.5% from the previous trading day. Shares in MoneyMax have risen by more than 90% since the start of the year on the back of strong growth in gold price.
I agree with your point and it caused me to rlook at why the " Big Boys" aren' t selling MoneyMax (5WJ) for a few cents
To those wondering why institutional players are buying/holding at $0.80+: " Big boys" don' t move millions just to scalp a 2-cent profit. There are three structural reasons why they are likely digging in:
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Mainboard Transfer Catalyst: Moving from Catalist to the Mainboard is the ultimate " liquidity event." Many institutional funds are legally barred from buying Catalist stocks. The smart money is front-running this move, knowing that a Mainboard listing attracts a whole new class of fund managers and a higher valuation multiple. -
The " Gold Bull" Carry: MoneyMax is a leveraged play on gold. With gold at record highs, their inventory and collateral value have surged. This isn' t just " business as usual" &mdash it&rsquo s a massive tailwind for the next few quarters of earnings that is already " baked in." -
The 6% Safety Net: With the upcoming S$0.05 dividend, anyone holding at $0.835 is locking in a ~6% yield. For a large fund, being paid 6% to wait for a growth story to play out is a " no-brainer" trade. -
Beyond Pawnshops: They are evolving into a diversified FinTech and Auto-financing player. Institutional investors look at where the company will be in 2 years, not 2 days.
Large players don' t dump for pennies when the structural story&mdash Mainboard transition, gold tailwinds, and a high yield&mdash is just starting to peak.
Think long-term. The trend is your friend.
wehuattogether88 ( Date: 23-Apr-2026 07:32) Posted:
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Why would the big boys that bought Money Max at 0.835 just want to profit for a few cents on that?
They must have seen the possible business potential and the benefits of promoting to main board, that?s the main reasons they bought in.
Think real hard.
They must have seen the possible business potential and the benefits of promoting to main board, that?s the main reasons they bought in.
Think real hard.
MoneyMax (5WJ).
The price closed today at S$0.895, which is lower than yesterday. Here is the simplest way to think about your plan:
1. The " Big Boy" Sale is the Key
The most important thing to know is that MoneyMax is selling a massive batch of 53 million brand-new shares to professional investors at a discount price of S$0.835.
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The Problem: Right now, the price on the app (S$0.895) is still higher than the price those big professionals are paying (S$0.835).The Risk: On Monday, April 27, those 53 million shares officially arrive. Some of those big investors might sell them immediately to make a quick profit. When a lot of people sell at once, the price usually drops.
2. Why the Price is Dropping Now (S$0.895)
The drop from S$0.91 to S$0.895 is like people hearing there&rsquo s a massive sale starting next Monday and deciding to sell their " expensive" shares now so they can buy them back cheaper later. This is actually a good sign. It means the market is getting ready for a better entry price.
3. The possible " Layman' s" Game Plan
| When? | What' s Happening? | Your Move |
| This Thursday/Friday | People are still nervous about Monday. | Wait. Don' t buy yet the price might keep drifting down. |
| Monday, Apr 27 | The 53 million new shares arrive. | The Sweet Spot. Look for the price to dip toward S$0.85 or S$0.86. |
| May 7 | The " Thank You" Bonus (Dividend). | The Reward. If you bought on Monday/Tuesday, you get 2 cents cash for every share you own. |
The Summary
Think of it like a queue.
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If you join the queue today at S$0.895, you are paying a bit more. -
If you wait until Monday morning, you might find yourself at the front of the queue when the " Big Boys" are selling their discounted shares.
Advice: Since the price is already starting to slide toward that S$0.835 " anchor," your patience is being rewarded. The " Smart Money" move is to keep your cash ready for next Monday.
sfw2124 ( Date: 22-Apr-2026 17:03) Posted:
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1. The " Big Boy" Discount (The Placement)
A company usually needs a certain number of " regular" people (the public) to own its shares before it can move to the Main Board (the " Premier League" of the stock market). MoneyMax realized they were a bit short, so they invited some big professional investors to buy a massive block of 53 million new shares.
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The Catch: To get these big investors to say " yes" quickly, MoneyMax gave them a discount. They are buying at S$0.835.The Current Price: You are seeing the price at S$0.905/S$0.91. -
The Layman' s Risk: If you buy at S$0.91 today, you are paying about 8% more than the professionals did just a few days ago.
2. The " Monday Supply" (April 27)
Think of those 53 million shares like a huge shipment of goods arriving at a store.
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On Monday, April 27, those shares officially become " tradable." -
Some of those big investors might decide to sell immediately to " flip" their shares for a quick 8% profit (selling at S$0.90 after buying at S$0.835). -
The Result: When a lot of people sell at once, the price usually dips.{C} This is why I suggested waiting until Monday or Tuesday to see if the price " settles" closer to S$0.85.{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}{C}
3. Why is the Main Board a big deal?
Moving from the Catalist (junior market) to the Main Board (senior market) is like a restaurant getting a Michelin star.
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More Customers: Big pension funds and international banks are often " forbidden" from buying Catalist stocks. Once MoneyMax moves to the Main Board, these " Big Fish" can finally start buying. -
Higher Value: Usually, Main Board stocks are seen as more prestigious and " safer," which can help the price go up over the long term.
4. What should you do? (The Plan)
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If you buy NOW (S$0.91): You are paying a " convenience fee" to make sure you don' t miss out, but you risk seeing the price drop on Monday when the new shares arrive. -
If you WAIT (until April 27/28): You might catch a " bargain" if those big investors start selling. Even if you buy next Tuesday, you are still plenty of time to collect the S$0.02 dividend on May 7.
Layman' s Summary: The stock is healthy, but there is a " sale" coming next Monday when the new shares hit the market. It&rsquo s like buying a TV on Sunday when you know a 10% discount starts on Monday morning.
seanpent ( Date: 21-Apr-2026 13:46) Posted:
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Yes, still holding tight tight.
That was just a " humour" for the shortists.
That was just a " humour" for the shortists.
wehuattogether88 ( Date: 21-Apr-2026 13:30) Posted:
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