- MoneyMax Financial Services (SGX:5WJ) is a leading pawnbroker, retailer, and trader of pre-owned luxury products, as well as a car financing and insurance service provider in South-East Asia.
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A proxy to the rise in gold prices.
- MoneyMax's share price performance has had a high correlation to gold prices – at 0.8 out of 1 – for at least over the past four years. Hence, we believe MoneyMax is a strong proxy to the gold price uptrend.
- - Read this at SGinvestors.io -
Strong gold price supports outlook for growing loan book.
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