This post has been edited by IPO ADDICT: Jun 10 2024, 04:30 PM

PPJACK now explode to RM 1.00 ++.....

this well chip is much better than the old ppjack

Trading of GOLD $$: & other jewelry too

This post has been edited by IPO ADDICT: Jun 11 2024, 12:48 AM

Main Market-bound Well Chip expects rising gold prices to boost lending
By Hee En Qi / theedgemalaysia.com

KUALA LUMPUR (June 26): Well Chip Group Bhd, the first pawnbroker en route to the Main Market of Bursa Malaysia, expects rising gold prices to boost its ability to lend more to its customers.

The company’s loan size is determined by the value of the collateral and more than 90% of its collateral from its customers is gold, said Well Chip’s non-executive director Yeah Chia Kai. That would allow the company to collect a higher amount of interest from its creditors, he noted.

.....

PEACE 0-0 including sour grapes@report kaki .....

This post has been edited by IPO ADDICT: Jun 26 2024, 09:26 PM

Revenue segment

1. Pawnbroking services
- Interest income: 35.8%
- Administrative fees: 0.1%

2. Retail and trading of jewellery and gold
- Retail sales of jewellery and gold : 10.6%
- Sales of scrap gold: 53.5%

## Gold made a record ALL TIME HIGH last month MAY 2024 >> USD 2,450

*** A very high grow return opportunities.

This post has been edited by IPO ADDICT: Jun 26 2024, 09:37 PM

BTW....

be focus on this PROMISING GOLD related IPO....WELL CHIP

Huatt Chaii $$$$$...

This post has been edited by IPO ADDICT: Jun 26 2024, 11:12 PM

NO lahhh....analyze critically - it's cheap & PROMISINGG $$$$$ :

This post has been edited by IPO ADDICT: Jul 2 2024, 10:49 AM

PROMISING WELL CHIP ...$$$$$

INFACT much better than PPJACK

under value - should be RM 1.80 to RM 2.30 Well Chip IPO

According to its prospectus, with its IPO price at RM1.15 per share, the counter has a price-earnings (P/E) multiple of 19.54 times, based on earnings per share (EPS) of 5.89 sen or net profit of RM35.32 million for the financial year ended on Dec 31, 2023 (FY2023).

For comparison, industry peer Pappajack Bhd (KL:PPJACK) is trading at a P/E multiple of 35.4 times, based on EPS of 2.80 sen for FY2023. Meanwhile, Evergreen Max Cash Capital Bhd (KL:EMCC) is trading at a P/E multiple of 25.2 times, based on EPS of 1.71 sen for FY2023.

Well Chip intends to recommend and distribute dividends of at least 35% of its consolidated profit after tax attributed to its shareholders for the first three financial years after its listing.

This post has been edited by IPO ADDICT: Jun 30 2024, 05:11 PM

SuRE ONE , my fren .

this is a GOLDEN OPPORTUNITY to strike very easy Jackpot $$$$$ .

After all - better listen to the world famous stock investor >. Warren Buffett ...that tagline

" BE GREEEEEEEDY when others are SHIVERINGGG "

This post has been edited by IPO ADDICT: Jun 30 2024, 11:19 PM

PERGHHHH......

INTER PACIFIC FV RM 1.88....

According to its prospectus, with its IPO price at RM1.15 per share, the counter has a price-earnings (P/E) multiple of 19.54 times, based on earnings per share (EPS) of 5.89 sen or net profit of RM35.32 million for the financial year ended on Dec 31, 2023 (FY2023).

For comparison, industry peer Pappajack Bhd (KL:PPJACK) is trading at a P/E multiple of 35.4 times, based on EPS of 2.80 sen for FY2023. Meanwhile, Evergreen Max Cash Capital Bhd (KL:EMCC) is trading at a P/E multiple of 25.2 times, based on EPS of 1.71 sen for FY2023.

Well Chip intends to recommend and distribute dividends of at least 35% of its consolidated profit after tax attributed to its shareholders for the first three financial years after its listing.

This post has been edited by IPO ADDICT: Jul 5 2024, 09:42 AM

they show. an ONG NUMBER 188 = $$$$$

those old fashioned , don't know much about the value IPO- only want cheap IPO

This post has been edited by IPO ADDICT: Jul 5 2024, 09:56 PM

RM 2.11...what......A. BOMB..,!! $$$$$
:
should skip other IPOs....? :

will be a new 2024 IPO champion ??.. ( in value@ RM )

This post has been edited by IPO ADDICT: Jul 5 2024, 09:58 PM

IN FACT ??...A BOMB

should skip other IPOs mehhh ??....

This post has been edited by IPO ADDICT: Jul 5 2024, 09:59 PM

Why so fantastic FV. @ RM 2.11 ?....

please read this....

According to its prospectus, with its IPO price at RM1.15 per share, the counter has a price-earnings (P/E) multiple of 19.54 times, based on earnings per share (EPS) of 5.89 sen or net profit of RM35.32 million for the financial year ended on Dec 31, 2023 (FY2023).

For comparison, industry peer Pappajack Bhd (KL:PPJACK) is trading at a P/E multiple of 35.4 times, based on EPS of 2.80 sen for FY2023. Meanwhile, Evergreen Max Cash Capital Bhd (KL:EMCC) is trading at a P/E multiple of 25.2 times, based on EPS of 1.71 sen for FY2023.

Well Chip intends to recommend and distribute dividends of at least 35% of its consolidated profit after tax attributed to its shareholders for the first three financial years after its listing.

Can't rule out " OVER SHOOT " again the given FV as happened with many IPOs lately

it's a realistic thing to put 30 % " over shooting " premium on this FV

then ?.....RM 2.11 + 63 sen = RM 2.74....? .
.
How ..? ..something to ponder about , my friends .....

.FYI >> Limit Up is RM 1.15 X 5 = RM 5.75

Note - this is an euphoric timing of IPO...IPO Madness

This post has been edited by IPO ADDICT: Jul 5 2024, 10:13 PM

thanks for the joke , my friend
after all LAUGHTER is the best medicine

hmmm....it's not easy to earn a living during this ECONOMY trying- tough time

Pssttt. ..
....Need to do part time job as a Marketing Officer for some PROMISING IPO companies

Very rewarding liao $$$$$ ......Don't be JELES , please

#HuattChaii

This post has been edited by IPO ADDICT: Jul 6 2024, 08:49 AM