Shares & Derivatives
Here is What You Need To Know About Valuemax Group Ltd
By Value Invest Asia  •  January 6, 2020
Valuemax Group Ltd (Valuemax) offers pawn broking, money lending, and retail of jewelry, timepieces, and precious metals in Singapore and Malaysia. As of 15 December 2019, Valuemax is worth S$ 170.7 million in market capitalisation. In this article, I’ll cover its recent financial results and valuation figures. Thus, here are 12 things to know about Valuemax before you invest.
  • Network Expansion Valuemax was listed on the SGX in 2013 with 23 retail outlets where 18 were situated in Singapore and the remaining 5 situated in Malaysia. In the last 5 years, Valuemax has expanded its retail network to 43 outlets with 33 outlets situated in Singapore and the remaining 10 are situated in Malaysia. In addition, it has stakes in 2 retail outlets which are run by its associates in Singapore. Its increase in retail network is attributed to Valuemax’s efforts in acquiring individual pawn shops which include:
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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