{
  "id": 19279587,
  "title": "Maybank initiates MoneyMax coverage with ‘buy’ call, S$0.69 target price",
  "url": "https://urgent.news/2026/11/10/maybank-initiates-moneymax-coverage-with-buy-call-s-0-69-target-price",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T04:11:04.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/maybank-initiates-moneymax-coverage-buy-call-s0-69-target-price"
  },
  "original_language": "en",
  "account": null,
  "summary": "Maybank Research has initiated coverage on MoneyMax Financial Services with a \"buy\" rating and a target price of S$0.69, representing a potential upside of 38 per cent from the stock's previous close of S$0.50. The brokerage identifies three key growth drivers for the Singapore-listed pawnbroker: Malaysian expansion, higher-margin pawn loans, and the drive-through pawnshop format. Maybank forecasts MoneyMax's core net profit to increase from S$72 million in FY2025 to S$112 million in FY2027, while its pawnbroking revenue is expected to grow at a compound annual growth rate of 22.5 per cent between FY2025 and FY2028, reaching S$178.7 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}