Maxi-Cash Financial Services Corporation

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(25-06-2012, 05:21 PM)CityFarmer Wrote: Maxi-Cash close at $0.44 at volume of 61 Mils share, approx 13% more pricey than yesterday.

What is the historical valuation at this price? If I understand correctly, at IPO price it was priced at 25x historical earnings, with a promisd 60% payout ratio.

Comparing this to other pawnbrokers, how does it stack up? Higher valuations, more outlets, better prospects?

For me, the share price is usually a very expensive distraction away from the real crux of the issue - which is the business and how it is going to do moving forward. Tongue
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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RE: Maxi-Cash Financial Services Corporation Ltd - by Musicwhiz - 25-06-2012, 05:40 PM

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