Moneymax Financial Services *Official* (SGX: 5WJ)

[Luminol]

From the balloting results table, it seems that the more lots you bid, the less chance you will get any.

Next time just use papa/mama/korkor/zehzeh account bid 1 lot each. Probability is 4*14% = 56%.

 

[Minx99]

holy.

really up more than 40percent

Gong Xi Fat Chai to those who got allocated. I can only wave goodbye to the departing train, sigh.....

 

[cherrycruncher]

huat ar!! hope all those who got it do well

 

[Capetron]

maxmoney stagnant liao. same price as maxicash...

 

[alandratan]

Did not get any lots thru ATM. Open at 46 cts, cannot buy at all.

 

[Smartsnake]

Any view of Moneymax? Is Maxicash better? Pls advise.

 

[jgyy1990]

Seems that this stock is 1 time off huat nia.

 

[popdod]

tis kind only economic downturn then can start to buy.
now economic good good...buy for wat?

More good years ahead!

 

[tiny]

Did not get any lots thru ATM. Open at 46 cts, cannot buy at all.

Currently trading at 0.31 / 0.32

 

[s-ghost]

anyone still holding the shares?

 

[Shion]

MONEYMAX FINANCIAL SERVICES LTD. ENTERS INTO JOINT VENTURE TO ESTABLISH B2B ONLINE AUCTION PLATFORMFOR LUXURY BRANDED MERCHANDISE, GOLD AND DIAMOND GOODS

http://infopub.sgx.com/FileOpen/MMF...tion site.ashx?App=Announcement&FileID=471502

MoneyMax partners Japan’s leading B2B internet auctioncompany to pioneer Singapore’s LIVE e-auction site

http://infopub.sgx.com/FileOpen/Pre...tion site.ashx?App=Announcement&FileID=471503

 

[Sadisticnoob]

Not a bad but , current price below nav , profit looks like it will go up

Sent from Asus ASUS_X008D using GAGT

 

[Layers]

.mean cheap?

Not a bad but , current price below nav , profit looks like it will go up

Sent from Asus ASUS_X008D using GAGT

Sent from Sony E6853 using GAGT

 

[Sadisticnoob]

.mean cheap?


Sent from Sony E6853 using GAGT

cheap but no volume, no buyers and sellers. and huge bid-ask spread wanted to buy upon the announcement but decided against it.

 

[zzxiaoboizz]

MONEYMAX FINANCIAL SERVICES LTD. ENTERS INTO JOINT VENTURE TO ESTABLISH B2B ONLINE AUCTION PLATFORMFOR LUXURY BRANDED MERCHANDISE, GOLD AND DIAMOND GOODS

http://infopub.sgx.com/FileOpen/MMF...tion site.ashx?App=Announcement&FileID=471502

MoneyMax partners Japan’s leading B2B internet auctioncompany to pioneer Singapore’s LIVE e-auction site

http://infopub.sgx.com/FileOpen/Pre...tion site.ashx?App=Announcement&FileID=471503

not sure how profitable auction is when ppl can do it on fb live..........

 

[Shion]

MoneyMax says 3Q earnings up 6% to $1.8 mil on higher revenue

MoneyMax says 3Q earnings up 6% to $1.8 mil on higher revenue

https://www.theedgesingapore.com/moneymax-says-3q-earnings-6-18-mil-higher-revenue

SINGAPORE (Nov 8): Pawnbroking chain MoneyMax Financial Services saw 3Q ended September earnings grow 6% to $1.8 million from $1.7 million a year ago.

Revenue increased by 22.3% to $38.7 million in 3Q17, from $31.7 million a year ago. This was due to an increase in revenue from both the pawnbroking and the retail and trading of pre-owned items segments.

The higher revenue was partially offset by an increase in expenses.

Material costs rose 26.3% to $27.2 million, in line with the increase in revenue.

Employee benefits expenses rose 19.6% to $3.5 million, due to the increased headcount arising from the expansion of the group’s operations in Singapore and Malaysia.

Other expenses grew 18.4% to $3.7 million on the back of an increase in advertising and promotional expenses, and an increase in rental and other related costs for relocation and refurbishment of existing outlets.

As at end September, cash and cash equivalents stood at a deficit of $1.1 million, after taking into account bank overdrafts amounting to $8.6 million.

Looking ahead, the group says it will continue to invest in brand building efforts to establish a strong market presence amid stiff market competition.

It is looking to build on positive growth momentum and continue to enlarge its network in Malaysia, as well as keeping an eye out for new opportunities in and outside Singapore to generate new revenue streams and deliver sustainable growth.

Shares of MoneyMax last closed at 17.4 cents on Oct 31.

 

[Jupiter2017]

http://www.businesstimes.com.sg/sto...e-delfi-isec-healthcare-golden-agri-resources
Stocks to watch: MoneyMax, Noble, Delfi, ISEC Healthcare, Golden Agri-Resources
Tue, Nov 14, 2017 - 8:48 AM Anita Gabriel anitag@sph.com.sg

STOCKS to look out for on Tuesday morning trading include MoneyMax, Noble, Delfi, ISEC Healthcare and Golden Agri-Resources.
MoneyMax Financial Services: MoneyMax Financial Services said it plans to acquire interests in 13 entities that carry out pawn broking business in Malaysia for RM56.6 million (S$18.3 million). The proposed acquisitions will provide the group with a good opportunity to expand its geographical network of pawn broking operations in Malaysia, said the Singapore-listed firm. It plans to fund the acquisitions through internal resources.
……
http://www.businesstimes.com.sg/sto...e-delfi-isec-healthcare-golden-agri-resources


** price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=5WJ.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...kes-in-13-pawn-brokers-in-malaysia-for-rm566m
MoneyMax to buy stakes in 13 pawn brokers in Malaysia for RM56.6m
Tue, Nov 14, 2017 - 9:51 AM Rachel Mui rachmui@sph.com.sg

CATALIST-LISTED MoneyMax Financial Services said on Tuesday its wholly owned subsidiary, Cash Online Sdn Bhd has entered into an agreement with CMS Top Holdings Sdn Bhd and four individuals to purchase interests in 13 pawn brokers in Malaysia for RM56.6 million (S$18.3 million) in cash. It plans to fund the acquisitions through internal resources.
This will provide the group with a good opportunity to expand its geographical network of pawn broking operations in Malaysia, the group said.
While the four individuals were not named, the group said that they were "not related to the directors or controlling stakeholders of the company".
Completion of the proposed acquisition is conditional upon MoneyMax being satisfied with the outcome of the valuation of the unredeemed pledges in the target companies, and approval from the relevant authorities.
For the 12 months ended Dec 31, 2016, aggregate net loss of the targets was about RM1.02 million, and net tangible assets was approximately RM50.1 million.
Assuming that the proposed acquisition has been effected as at Jan 1, 2016, financial effects of the deal on the earnings per share of the group is not material, the group said on Tuesday.
Separately, Chong Mei Sang - who in 2014 established a joint venture with MoneyMax to carry on the business of pawn broking in Malaysia - has entered into a sale and purchase agreement with CMS Top Holdings and three individuals to acquire about 1.96 million shares each in the capital of the target companies, including Pajak Gadai Bukit Gambir Sdn Bhd and Pajak Gadai Senai Sdn Bhd.
MoneyMax is a pawnbroker, retailer and trader in pre-owned jewellery, watches and branded goods.

** price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=5WJ.SI

 

[Shion]

MoneyMax CFO resigns after a year

MoneyMax CFO resigns after a year

https://www.straitstimes.com/business/companies-markets/moneymax-cfo-resigns-after-a-year

SINGAPORE - The chief financial officer (CFO) of MoneyMax Financial Services, Wee Sung Leng, has resigned to pursue other interests.

His resignation will be effective June 6, the Catalist-listed pawnbroker said in a bourse filing on Monday night (June 30.

Mr Wee, 53, was appointed to the role of CFO in May last year. He oversaw the accounting and finance functions of MoneyMax.

MoneyMax said that its sponsor, United Overseas Bank (UOB), has interviewed Mr Wee and is satisfied that there are no other material reasons for his resignation.

The company is in the process of finding a replacement for the position and will announce it when they find a suitable candidate.

Covering the CFO duties in the interim will be Lee Su Yi, the company's assistant financial controller. Ms Lee is a chartered accountant and a member of the Institute of Singapore Chartered Accountants.

Shares of MoneyMax closed flat at 14.5 cents on Monday.

 

[Shion]

MoneyMax deal signals how big-money funds are taking bigger role in Singapore stock market​

https://www.straitstimes.com/busine...ger-role-in-singapore-stock-market?ref=latest

SINGAPORE – Fund managers selected by the Singapore central bank to support local stocks are starting to participate more visibly in the market, with a recent deal by MoneyMax Financial Services drawing strong interest from these funds.

On April 27, the pawnbroker and retailer of luxury goods said it raised $44.3 million through the issuance of 53 million new shares, priced at 83.5 cents each.

The move will increase the number of shares available for public trading by raising the proportion of MoneyMax shares held by public investors to about 16.9 per cent.

This will allow the company to meet a requirement needed to move up from its current listing on Catalist, the board for smaller, fast-growing companies, to the Singapore Exchange (SGX) mainboard, in early May.

Notably, the new shares were taken up by Fullerton Fund Management, Lion Global Investors and Eastspring Investments – fund managers selected by the Monetary Authority of Singapore (MAS) under a $6.5 billion programme that allocates capital to invest in Singapore-listed stocks.

The deal is one of the more visible examples of how these fund managers are deploying funds into the local market since the first batch was announced in July 2025. To date, about $3.95 billion has been allocated to nine fund managers. It also signals growing institutional support for Singapore-listed mid-cap companies.

“Since the introduction of Equity Market Development Programme (EQDP) and broader MAS initiatives, we have observed more consistent participation from institutional investors,” a MoneyMax spokesperson told The Straits Times, adding that the company has received “strong interest” from EQDP fund managers.

“There is a deeper and more diversified shareholder base and we see a more meaningful uplift in investor visibility and engagement, particularly from long-only funds,” the spokesperson said, referring to funds that buy and hold stocks for the long term.

For retail shareholders, these developments have both downsides and upsides.

On the one hand, the placement to institutional investors, which took place at a 3.1 per cent discount to the company’s share price of 86.2 cents on April 15, was not open to retail investors, meaning smaller shareholders did not get the same opportunity to participate directly in the fundraising.

Additionally, the issuance of new shares has diluted existing MoneyMax shareholders’ stakes, as it increased the total number of shares by 5.7 per cent.

On the other hand, the higher public float is likely to improve liquidity, making it easier for smaller investors to buy and sell shares. The company’s upgrade to the mainboard and presence of long-term institutional investors are also likely to lend credibility to its growth strategy and support its share price performance over time.

MoneyMax said 100 per cent of the proceeds raised will be used to support the growth of its pawnbroking portfolio and purchases of retail inventory.

It added that the listing upgrade would raise its profile locally and overseas, improve visibility in the capital markets and help attract more institutional investors.

“As we have maintained a consistent operating track record and demonstrated our ability to grow our profitability over the years, we believe the transfer to mainboard will help elevate our corporate profile both locally and overseas,” the spokesperson added.

The company, which has a network of over 110 outlets across Singapore and Malaysia, reported an 87.6 per cent year-on-year jump in profit to a record high of $71.6 million for the 2025 financial year, on the back of a 38.9 per cent jump in revenue to $541.9 million over the same period.

This was driven by a surge in the retail and trading of gold and luxury items, higher sales volumes, an expanding customer base and favourable gold prices.

Shares of the company closed 0.6 per cent up at 88.5 cents on April 28. They are up by more than 88 per cent since the start of 2026.