Welcome Guest ( Log In | Register )

7 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

 Pappajack Berhad (0242), ACE Market

views
     
bluemountains
post Mar 16 2022, 11:07 AM

Getting Started
**
Junior Member
84 posts

Joined: Jan 2022
QUOTE(redhotpepper @ Mar 15 2022, 06:46 PM)
This counter boleh profit ka? The first pawnbroker listed, don't have any other same company business to compare with, except for our neighbouring country.
*
There are 3 companies doing same/similar business and listed on the SGX.

(1) ValueMax - PER 5.56X
(2) MaxiCash - PER 6.24X
(3) MoneyMax - PER 3.69X


Pappajack @ RM 0.30 is selling at a PER of 24.39X
redhotpepper
post Mar 16 2022, 12:24 PM

New Member
*
Junior Member
48 posts

Joined: Aug 2008
QUOTE(bluemountains @ Mar 16 2022, 11:07 AM)
There are 3 companies doing same/similar business and listed on the SGX.

(1) ValueMax    -    PER 5.56X
(2) MaxiCash    -    PER 6.24X
(3) MoneyMax  -    PER 3.69X
Pappajack @ RM 0.30 is selling at a PER of 24.39X
*
24.39/3.0755 (latest SGP exchange rate), so its about 7.93, so it is higher than the peers in SGP.

Can make money ah ?
kb2005
post Mar 16 2022, 02:07 PM

Yahoo!
********
All Stars
17,876 posts

Joined: Jan 2005



QUOTE(nexona88 @ Mar 11 2022, 02:22 PM)
It's all about connection 😋

Nothing else matters...
*
Connection is not enough. Many people can get connected. The key is Money is King! Then all the way!
TSnexona88
post Mar 16 2022, 02:22 PM

The Royal Club Member
*********
All Stars
48,588 posts

Joined: Sep 2014
From: REality
QUOTE(kb2005 @ Mar 16 2022, 02:07 PM)
Connection is not enough. Many people can get connected. The key is Money is King! Then all the way!
*
Hmm..
Logical point too 😁

Connection + money is good combo 💪
IPOMan99 P
post Mar 16 2022, 03:05 PM

New Member
*
Probation
8 posts

Joined: Mar 2022
QUOTE(bluemountains @ Mar 16 2022, 11:01 AM)
These are 3 companies doing same/similar business and listed on the SGX.
(1) ValueMax      PER 5.56X
(2) MaxiCash            6.24X
(3) MoneyMax            3.69X
*
Bro those companies are not comparable. Although they are pawnbrokers they focus more on retailing of jewelry. Look at the business segments. And they also accept other forms of pledges such as other commodities or valuable it3ms which prices are more volatile. I believe Pappajack does gold only which is very stable
Dooit P
post Mar 16 2022, 03:45 PM

New Member
*
Probation
33 posts

Joined: Feb 2022
Just passby pappajack pawn shop at Sri Muda... Ful house bro... Haha
Dooit P
post Mar 16 2022, 04:36 PM

New Member
*
Probation
33 posts

Joined: Feb 2022
Average PE for pawnbroker stocks in US arnd 20
IPOMan99 P
post Mar 16 2022, 06:03 PM

New Member
*
Probation
8 posts

Joined: Mar 2022
QUOTE(Dooit @ Mar 16 2022, 04:36 PM)
Average PE for pawnbroker stocks in US arnd 20
*
Different bro. That's a developed nation. In Malaysia there are more individuals who require these micro financing. That's why should command a higher PE.
SUSxander83
post Mar 16 2022, 11:01 PM

Blast off like a rocket
*******
Senior Member
6,427 posts

Joined: Jan 2003
From: Autobiography!!!
QUOTE(Dooit @ Mar 16 2022, 04:36 PM)
Average PE for pawnbroker stocks in US arnd 20
*
No one us pawnbrokers unless they are on their last dime in US doh.gif
TSnexona88
post Mar 17 2022, 09:44 AM

The Royal Club Member
*********
All Stars
48,588 posts

Joined: Sep 2014
From: REality
QUOTE(Dooit @ Mar 16 2022, 03:45 PM)
Just passby pappajack pawn shop at Sri Muda... Ful house bro... Haha
*
Good businesses....
Especially in those areas..
Desperate of $$...
Dooit P
post Mar 17 2022, 10:37 AM

New Member
*
Probation
33 posts

Joined: Feb 2022
QUOTE(nexona88 @ Mar 17 2022, 09:44 AM)
Good businesses....
Especially in those areas..
Desperate of $$...
*
They strategically locate their shops bro from my observation. I coincidentally passby Klang bus station this morning & also found out one of their shop there
Dooit P
post Mar 17 2022, 10:41 AM

New Member
*
Probation
33 posts

Joined: Feb 2022
I think once listed, ppl hv more confidence to go to their shops since its a public entity. Create gd perception for them oso
IPOMan99 P
post Mar 17 2022, 10:46 AM

New Member
*
Probation
8 posts

Joined: Mar 2022
QUOTE(Dooit @ Mar 17 2022, 10:41 AM)
I think once listed, ppl hv more confidence to go to their shops since its a public entity. Create gd perception for them oso
*
You are right Bro. Had a few relatives used their services before. Feedback very good. Very genuine, honest and friendly.
sl3ge
post Mar 17 2022, 10:47 AM

Regular
******
Senior Member
1,368 posts

Joined: Jan 2003
Why for first time in the ever this ipo no show in here?

https://www.bursamalaysia.com/listing/listi...ipo/ipo_summary
TSnexona88
post Mar 17 2022, 02:33 PM

The Royal Club Member
*********
All Stars
48,588 posts

Joined: Sep 2014
From: REality
QUOTE(Dooit @ Mar 17 2022, 10:37 AM)
They strategically locate their shops bro from my observation. I coincidentally passby Klang bus station this morning & also found out one of their shop there
*
Hmm...
U got see who majority at the branch?
More locals or foreigner? 🤔


Dooit P
post Mar 17 2022, 03:50 PM

New Member
*
Probation
33 posts

Joined: Feb 2022
QUOTE(nexona88 @ Mar 17 2022, 02:33 PM)
Hmm...
U got see who majority at the branch?
More locals or foreigner? 🤔
*
Haha... Need to park in front of their shop and do the statistics... Btw, i think there's a chance the IPO will be undersubscribe since Bumi can't participate..

The question is what will happen if undersubscribe & nobody want to subscribe the leftover? Cancel/postpone the IPO??
TSnexona88
post Mar 17 2022, 05:05 PM

The Royal Club Member
*********
All Stars
48,588 posts

Joined: Sep 2014
From: REality
QUOTE(Dooit @ Mar 17 2022, 03:50 PM)
Haha... Need to park in front of their shop and do the statistics... Btw, i think there's a chance the IPO will be undersubscribe since Bumi can't participate..

The question is what will happen if undersubscribe & nobody want to subscribe the leftover? Cancel/postpone the IPO??
*
Hehehe....

Don't think would be undersubcribe...
Worse come worse.. low oversubscribed....
So everyone who applied get the shares they want 🎉💰🤑

Nowadays...
Whatever rubbish IPO.. also hot demands..
This one Ace Market.... Even better to speculate & play / ride...

This post has been edited by nexona88: Mar 17 2022, 05:07 PM
pileepalah
post Mar 17 2022, 06:23 PM

Enthusiast
*****
Junior Member
921 posts

Joined: Sep 2019


halo why no target price
chin chai lah, I be the 1st to
kasi tp 0.88cts on listing day
when semua orang takut is the
best time to hoot
IPO ADDICT
post Mar 17 2022, 06:49 PM

Look at all my stars!!
*******
Senior Member
2,041 posts

Joined: Jan 2022
Ace finance stock
Dooit P
post Mar 18 2022, 02:25 AM

New Member
*
Probation
33 posts

Joined: Feb 2022
user posted image

TA gave 0.34 as fair value

7 Pages < 1 2 3 4 5 > » Top
 

Change to:
| Lo-Fi Version
0.0338sec    0.24    6 queries    GZIP Disabled
Time is now: 22nd December 2025 - 08:03 PM