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15 cts today/tom...otw
here to 20 cts...less than 1 mio shares offering..
amazing jz released 1H 2020 up 80%...
v profitable during this period n with rising gold prices..huat ..man
20 cts otw..........
You posted at the wrong board bro.
Kai189 ( Date: 02-Sep-2020 11:35) Posted:
SK taken pte....next could be this?
got spurt of buying at 0.184 |
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SK taken pte....next could be this?
got spurt of buying at 0.184
And forget to remind that based on yesterday?s results, NAV is 13.95c. If you can get anything less than 13.95, it?s a buy. Based on last 2 years of trade, it has never traded above it?s nav. Both Moneymax and maxicash have always traded below nav. Buyers may want to exercise caution as price will likely retrace to drop below nav post ex date.
SmallSmall ( Date: 28-Jul-2020 09:58) Posted:
Sorry. Didn' t read this part. But probably more people will pawn their stuffs in such economic uncertainties. Caution is advise....
The COVID-19 pandemic has an unprecedented adverse impact on the global economy. The disruption to supply chain and cross border travel have impacted employment and retail sentiment. Our pawnbroking and retail operation were thus impacted by the lockdown and various operating constraints. Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges
WL123456 ( Date: 28-Jul-2020 09:54) Posted:
| They didn?t benefit. The profit was mostly generated during 2019 and Q1 2020. In fact they announced their 2020 operations due to covid was severely affected. Despite governments assistance, they find the operating environment challenging. Hence I suggest don?t chase. Ex-date, the price will fall by the same amount and you have to hold and take the pain of 2020. Daily volume sometimes zero so you can?t exit easily too |
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:D
SmallSmall ( Date: 28-Jul-2020 09:58) Posted:
Sorry. Didn' t read this part. But probably more people will pawn their stuffs in such economic uncertainties. Caution is advise....
The COVID-19 pandemic has an unprecedented adverse impact on the global economy. The disruption to supply chain and cross border travel have impacted employment and retail sentiment. Our pawnbroking and retail operation were thus impacted by the lockdown and various operating constraints. Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges
WL123456 ( Date: 28-Jul-2020 09:54) Posted:
| They didn?t benefit. The profit was mostly generated during 2019 and Q1 2020. In fact they announced their 2020 operations due to covid was severely affected. Despite governments assistance, they find the operating environment challenging. Hence I suggest don?t chase. Ex-date, the price will fall by the same amount and you have to hold and take the pain of 2020. Daily volume sometimes zero so you can?t exit easily too |
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They resume business on 19 June. Rise in gold price will benefit such business. Good to put in watchlist.
SmallSmall ( Date: 28-Jul-2020 09:58) Posted:
Sorry. Didn' t read this part. But probably more people will pawn their stuffs in such economic uncertainties. Caution is advise....
The COVID-19 pandemic has an unprecedented adverse impact on the global economy. The disruption to supply chain and cross border travel have impacted employment and retail sentiment. Our pawnbroking and retail operation were thus impacted by the lockdown and various operating constraints. Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges
WL123456 ( Date: 28-Jul-2020 09:54) Posted:
| They didn?t benefit. The profit was mostly generated during 2019 and Q1 2020. In fact they announced their 2020 operations due to covid was severely affected. Despite governments assistance, they find the operating environment challenging. Hence I suggest don?t chase. Ex-date, the price will fall by the same amount and you have to hold and take the pain of 2020. Daily volume sometimes zero so you can?t exit easily too |
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Sorry. Didn' t read this part. But probably more people will pawn their stuffs in such economic uncertainties. Caution is advise....
The COVID-19 pandemic has an unprecedented adverse impact on the global economy. The disruption to supply chain and cross border travel have impacted employment and retail sentiment. Our pawnbroking and retail operation were thus impacted by the lockdown and various operating constraints. Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges
WL123456 ( Date: 28-Jul-2020 09:54) Posted:
They didn?t benefit. The profit was mostly generated during 2019 and Q1 2020. In fact they announced their 2020 operations due to covid was severely affected. Despite governments assistance, they find the operating environment challenging. Hence I suggest don?t chase. Ex-date, the price will fall by the same amount and you have to hold and take the pain of 2020. Daily volume sometimes zero so you can?t exit easily too.
SmallSmall ( Date: 28-Jul-2020 09:44) Posted:
Another beneficiary of economic slowdown.
Maxi-Cash has proposed an interim dividend of 1.15 cents per ordinary share for the period, which will be paid out on August 14. |
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They didn?t benefit. The profit was mostly generated during 2019 and Q1 2020. In fact they announced their 2020 operations due to covid was severely affected. Despite governments assistance, they find the operating environment challenging. Hence I suggest don?t chase. Ex-date, the price will fall by the same amount and you have to hold and take the pain of 2020. Daily volume sometimes zero so you can?t exit easily too.
SmallSmall ( Date: 28-Jul-2020 09:44) Posted:
Another beneficiary of economic slowdown.
Maxi-Cash has proposed an interim dividend of 1.15 cents per ordinary share for the period, which will be paid out on August 14.
SmallSmall ( Date: 28-Jul-2020 09:42) Posted:
Maxi-Cash posts 80% surge in 1H20 earnings to $10.1 mil
Felicia Tan Published on Mon, Jul 27, 2020 / 6:33 PM GMT+8 / Updated 15 hours ago
Maxi-Cash Financial Services reported 1H20 earnings of $10.1 million, an 80% surge, compared to the $5.6 million a year ago.
Correspondingly, earnings per share (EPS) rose to 0.97 cents in 1H20, compared to the 0.54 cents in 1H19.
Revenue for the period grew 11.8% y-o-y to $102.8 million, primarily attributable to higher revenue from the pawnbroking business and the trading of jewellery and branded merchandise business.
This was partially offset by the decrease in revenue from the jewellery retail, branded merchandise, and secured lending business.
Depreciation and amortisation costs rose 26% y-o-y mainly due to the additional recognition of right-of-use assets following the adoption of SFRS(I) 16 leases for the new leases signed and additional properties acquired by the company.
Finance costs increased marginally at 1% y-o-y primarily due to additional recognition of lease liabilities.
Other operating expenses fell 4% y-o-y due to fluctuation of exchange rates.
Maxi-Cash has proposed an interim dividend of 1.15 cents per ordinary share for the period, which will be paid out on August 14.
As at June 30, cash and cash equivalents stood at $28.7 million, more than double the $12.8 million reported last year.
In its outlook statement, Maxi-Cash says its pawnbroking and retail operations were impacted by the lockdown and &ldquo various operating constraints&rdquo .
&ldquo Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges,&rdquo it says. |
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Another beneficiary of economic slowdown.
Maxi-Cash has proposed an interim dividend of 1.15 cents per ordinary share for the period, which will be paid out on August 14.SmallSmall ( Date: 28-Jul-2020 09:42) Posted:
Maxi-Cash posts 80% surge in 1H20 earnings to $10.1 mil
Felicia Tan Published on Mon, Jul 27, 2020 / 6:33 PM GMT+8 / Updated 15 hours ago
Maxi-Cash Financial Services reported 1H20 earnings of $10.1 million, an 80% surge, compared to the $5.6 million a year ago.
Correspondingly, earnings per share (EPS) rose to 0.97 cents in 1H20, compared to the 0.54 cents in 1H19.
Revenue for the period grew 11.8% y-o-y to $102.8 million, primarily attributable to higher revenue from the pawnbroking business and the trading of jewellery and branded merchandise business.
This was partially offset by the decrease in revenue from the jewellery retail, branded merchandise, and secured lending business.
Depreciation and amortisation costs rose 26% y-o-y mainly due to the additional recognition of right-of-use assets following the adoption of SFRS(I) 16 leases for the new leases signed and additional properties acquired by the company.
Finance costs increased marginally at 1% y-o-y primarily due to additional recognition of lease liabilities.
Other operating expenses fell 4% y-o-y due to fluctuation of exchange rates.
Maxi-Cash has proposed an interim dividend of 1.15 cents per ordinary share for the period, which will be paid out on August 14.
As at June 30, cash and cash equivalents stood at $28.7 million, more than double the $12.8 million reported last year.
In its outlook statement, Maxi-Cash says its pawnbroking and retail operations were impacted by the lockdown and &ldquo various operating constraints&rdquo .
&ldquo Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges,&rdquo it says. |
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Maxi-Cash posts 80% surge in 1H20 earnings to $10.1 mil
Felicia Tan Published on Mon, Jul 27, 2020 / 6:33 PM GMT+8 / Updated 15 hours ago
Maxi-Cash Financial Services reported 1H20 earnings of $10.1 million, an 80% surge, compared to the $5.6 million a year ago.
Correspondingly, earnings per share (EPS) rose to 0.97 cents in 1H20, compared to the 0.54 cents in 1H19.
Revenue for the period grew 11.8% y-o-y to $102.8 million, primarily attributable to higher revenue from the pawnbroking business and the trading of jewellery and branded merchandise business.
This was partially offset by the decrease in revenue from the jewellery retail, branded merchandise, and secured lending business.
Depreciation and amortisation costs rose 26% y-o-y mainly due to the additional recognition of right-of-use assets following the adoption of SFRS(I) 16 leases for the new leases signed and additional properties acquired by the company.
Finance costs increased marginally at 1% y-o-y primarily due to additional recognition of lease liabilities.
Other operating expenses fell 4% y-o-y due to fluctuation of exchange rates.
Maxi-Cash has proposed an interim dividend of 1.15 cents per ordinary share for the period, which will be paid out on August 14.
As at June 30, cash and cash equivalents stood at $28.7 million, more than double the $12.8 million reported last year.
In its outlook statement, Maxi-Cash says its pawnbroking and retail operations were impacted by the lockdown and &ldquo various operating constraints&rdquo .
&ldquo Although the Governments in our areas of operation have provided various short-term incentives and support, we will need to strengthen our product and service innovation and leverage on our network of stores and technology to increase efficiencies in our delivery of products and services to further mitigate the effect of the above challenges,&rdquo it says.
still sleeping....
chiong chiong arh...
Koh wee Meng buying again tml???
pawnshop very good when gold rises
CHIONG ARH GOLD RALLIES...
buy first before SOME SHARK WRITE SOME BUY CALLS LIKE VALUEMAX
