$ValueMax (T6I.SG)$ This stock has a high trade receivables and negative cash flow generated. The trade receivables is ever increasing on a yearly basis. It has a weak cash balance of $15.9 million. Will the customers default on payment? The overall cash flow is very weak. It has a high bank debts of $636.4 million. The company reported high net profit but not able to collect cash from the earnings. This is a red flag. Trade with caution.
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101572862
:
thanks .. in deep analysis helps to save our Penny's .. thanks for sharing ... appreciate your effort.
102167235
:
Nearly fell off my chair. If speculating or trading, anything goes, draw some lines, and place your bets. If investing, do spend time reading about the business and how it actually makes its money. Value Max money lending segment is only ard 14% of the business and the sums borrowed to each individual is very very small, the non performing loans are low. Main segment is pawn broking / trading. To answer what happens if the customer does not pay/ redeem its item? Easy, the pawned object will be sold for a higher profit than what they would make if the customer redeems it. Even better if it is gold as gold prices have been hitting highs of late. So their existing inventory of gold would be worth much more the longer they hold on to them. (the opposite can be true as well). The higher receivables, when seen together with nett positive change in asset value as well as other indicators, reflect a growing business/growing profit. Much like banks, cash is kept at the bare minimum to maximize profit. But unlike banks, when customers dont redeem/pay up, VM actually makes more.
benson85
102167235
:
exactly...his analyst maybe true for some manufacturing company but not for bank and finance company...deep sea, Ur analyst is AI generate script is it?
$ValueMax (T6I.SG)$is a traditional pawnshop, gold and jewelry business based in Singapore. Their revenue has been growing since day 1. The CAGR of revenue in past 10 years is 15%, meaning their revenue doubles every 5 years. Unfortunately, given the small market in Singapore, their valuation always traded at below 1x PB and single digit PE, a typical case of paying 70 sen for a dollar investment thesis. Recently they listed their subsidiary$WELLCHIP (5325.MY)$in Malaysia. Despite doi...
The digital securities, which were launched on Dec 7, will be listed on the ADDX digital platform on Dec 22. ValueMax Group T6I has raised $20.74 million from its three-month Series 009 Issuance and $10.98 million from its four-month Series 002 Issuance after successfully closing the issuances. The digital securities, which were launched on Dec 7, will be listed on the ADDX digital platform on Dec 22. Among the subs...
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Good morning mooers! Here are things you need to know about today's Singapore: ●Singapore shares opened lower on Friday; STI down 0.43% ●Decline in Singapore key exports continues to ease in October, with narrowing 3.4% fall ●Singapore expands e-money trials to pave way for digital Singdollar ●Stocks to watch: Singtel, ValueMax ●Latest share buy back transactions -moomoo News SG Market ...
Good morning mooers! Here are things you need to know about today's Singapore: ●Singapore shares opened higher on Wednesday; STI up 0.01% ●GlobalFoundries opens US$4 billion expanded fabrication plant in Singapore ●Stocks to watch: Thomson Medical, Valuemax, Hatten Land, CDL, GuocoLand ●Latest share buy back transactions -moomoo News SG Market Trend Singapore shares opened slightly higher on Wednesd...
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Good morning mooers! Here are things you need to know about today's Singapore: ●Singapore shares opened lower on Thursday; STI down 0.74% ●Return of foreign workers sends Singapore's total employment growth to record level in 2022 ●Stocks to watch: Prudential, CICT, Aspen, ValueMax, Boustead Projects, Alpina ●Latest share buy back transactions -moomoo News SG Market Trend Singapore shares opened lower ...
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ValueMax Stock Forum
This stock has a high trade receivables and negative cash flow generated. The trade receivables is ever increasing on a yearly basis. It has a weak cash balance of $15.9 million. Will the customers default on payment? The overall cash flow is very weak. It has a high bank debts of $636.4 million. The company reported high net profit but not able to collect cash from the earnings. This is a red flag. Trade with caution.
The CAGR of revenue in past 10 years is 15%, meaning their revenue doubles every 5 years. Unfortunately, given the small market in Singapore, their valuation always traded at below 1x PB and single digit PE, a typical case of paying 70 sen for a dollar investment thesis.
Recently they listed their subsidiary $WELLCHIP (5325.MY)$ in Malaysia. Despite doi...
ValueMax Group T6I has raised $20.74 million from its three-month Series 009 Issuance and $10.98 million from its four-month Series 002 Issuance after successfully closing the issuances.
The digital securities, which were launched on Dec 7, will be listed on the ADDX digital platform on Dec 22.
Among the subs...
●Singapore shares opened higher on Friday; STI up 0.62%
●Singapore, China to start 30-day visa-free travel in early 2024
●MAS seeks feedback on moves to beef up protection scheme when an insurer fails
●Enhancements to FTA among 24 deals signed to deepen Singapore, China cooperation
●Stocks to watch: Thomson Medical, Sas...
●Singapore shares opened lower on Friday; STI down 0.43%
●Decline in Singapore key exports continues to ease in October, with narrowing 3.4% fall
●Singapore expands e-money trials to pave way for digital Singdollar
●Stocks to watch: Singtel, ValueMax
●Latest share buy back transactions
-moomoo News SG
Market ...
●Singapore shares opened higher on Wednesday; STI up 0.01%
●GlobalFoundries opens US$4 billion expanded fabrication plant in Singapore
●Stocks to watch: Thomson Medical, Valuemax, Hatten Land, CDL, GuocoLand
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened slightly higher on Wednesd...
●Singapore shares opened flat on Wednesday
●Grab cuts over 1,000 staff in biggest layoff since pandemic
●Stocks to watch: Keppel, ValueMax, Nio
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened flat on Wednesday.
Advancers / Decliners is 67 to 79, with 81.69 million securities worth S$107.27 millio...
●Singapore shares opened lower on Thursday; STI down 0.74%
●Return of foreign workers sends Singapore's total employment growth to record level in 2022
●Stocks to watch: Prudential, CICT, Aspen, ValueMax, Boustead Projects, Alpina
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower ...
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