Powermatic Data Systems

Congrats @slowandsteady, locked in your gains, steady pom pe pe. I Still waiting for it at least $1.51 before selling, hopefully before the week is up, otherwise Friday profit take coz next monday XD

now left Captii and CDW, waiting and waiting lol...

Sent from Moto G5+ using Tapatalk

Today PM Data is up 10% on relatively high volume of 52.8k shares traded. 

Could it be the 'Creative' effect on this high quality and undervalued gem?

Take a look at their new website (http://powermatic.com.sg/), much better than their old one!

(06-03-2018, 01:00 PM)MOV Wrote: Today PM Data is up 10% on relatively high volume of 52.8k shares traded. 

Could it be the 'Creative' effect on this high quality and undervalued gem?

Take a look at their new website (http://powermatic.com.sg/), much better than their old one!

It's just the usual CIMB analyst bump...

https://www.theedgesingapore.com/powerma...-stock-add

(06-03-2018, 01:00 PM)MOV Wrote: Today PM Data is up 10% on relatively high volume of 52.8k shares traded. 

Could it be the 'Creative' effect on this high quality and undervalued gem?

Take a look at their new website (http://powermatic.com.sg/), much better than their old one!

Awesome! Up 33% today!

William Tng the analyst that wrote on AEM published a very detailed report today on Powermatic. Is this the first ever coverage on powermatic?

(06-03-2018, 03:02 PM)Scg8866t Wrote:

(06-03-2018, 01:00 PM)MOV Wrote: Today PM Data is up 10% on relatively high volume of 52.8k shares traded. 

Could it be the 'Creative' effect on this high quality and undervalued gem?

Take a look at their new website (http://powermatic.com.sg/), much better than their old one!

Awesome! Up 33% today!

William Tng the analyst that wrote on AEM published a very detailed report today on Powermatic. Is this the first ever coverage on powermatic?

It's $2 now up 50%?, maybe takeover offer in the works?  

William Tng from CIMB right?

I really did not expect this! Thank you for the 6 digit windfall!This is excluding div for the past few yrs!

(Not vested anymore)

(31-07-2017, 11:06 PM)BlueKelah Wrote: Congrats @slowandsteady, locked in your gains, steady pom pe pe. I Still waiting for it at least $1.51 before selling, hopefully before the week is up, otherwise Friday profit take coz next monday XD

now left Captii and CDW, waiting and waiting lol...

Sent from Moto G5+ using Tapatalk

Congrats buddies who held on steady! Guess I sold early again (bad habit).

Still holding onto Captii and CDW, waiting for the time.

The market has now taken notice of this gem after the CIMB report and increased today by a sharp 43%!!! Share price ended the trading day at a nice $2.00 and some comments on the report:

1. Sum of parts valuation - investment property is recorded at $17.48m while a desktop valuation stated inside Annual Report 2017 put it at $30.163m by Knight Frank. Management is in no hurry to sell since it is 92% occupied (from report) and any potential offer would have to match at least this valuation.

2. P/E of 10 assigned to its wireless business is quite low for a high gross margin and high IP business. I believe the analyst is using a very conservative discount to PM Data's 10 year P/E ratio of 11.3x. Bearing in mind the growth potential of this business, this segment should be significantly more valuable.

3. What is the endgame? Will Dr Chen Mun sell to someone who can take PM Data much further and continue as advisor? This Singaporean company has made us proud as a world-class wireless design centre with Fortune 500 clients, not many SG companies are in this league in my opinion.

Happy days ahead! 

(Not a recommendation to buy or sell, just stating facts)

(06-03-2018, 08:22 PM)slowandsteady Wrote:

(31-07-2017, 11:06 PM)BlueKelah Wrote: Congrats @slowandsteady, locked in your gains, steady pom pe pe. I Still waiting for it at least $1.51 before selling, hopefully before the week is up, otherwise Friday profit take coz next monday XD

now left Captii and CDW, waiting and waiting lol...

Sent from Moto G5+ using Tapatalk

Congrats buddies who held on steady! Guess I sold early again (bad habit).

Still holding onto Captii and CDW, waiting for the time.

It's ok, wait for next crash loh, its actually a good habit to be able to sell when you hit target. So long make money can liao.

Boss did mention previously they were engaged with "major search engine"(i ASSUME its google) on research a new product, maybe something happening there. Also now that PD is an authorized design center for Qualcomm atheros, we could see some exponential growth in that area. Their sales in China may also be gaining a lot of ground as shown by good results in 1H17. guess we'll have to wait till May report to find out.

At last Friday's closing price of $2.00, the market capitalization of Powermatic Data stand at $69.8m. 

With (1) cash and financial assets ($26.2m+$10.2m = $36.4m) and (2) property at market price ($33.5m), total sum of (1)+(2) = $69.9m. 

It turns out that you are still getting the WIFI business for free!!

What are the prospects of their WIFI business?

1. Since 2014, Powermatic has strengthen its wireless business as Qualcomm ADC for China and SE Asia. Dr Chen Mun said this in Annual Report 2014 statement:


"The popularity of smartphones is one of the main drivers of wireless connectivity. The use of wireless, in particular WiFi, will become a lot more pervasive. One needs it at work, at public places and at every corner of his home. It is our goal to meet the increasing needs in connectivity over large areas and over long distances. In the near future, WiFi enabled “Internet of Things” will revolutionize home appliances. You will be commanding your refrigerators, air-con, mediaplayer, lights and even the door lock, all connected to Internet through WiFi. We will participate in this revolution and we will make sure that whatever obscure corners the “Things” are placed, they will be reached by our wireless."

2. Will Qualcomm continue to be the leader as the world transitions to 5G? Investors need to pay attention to how Qualcomm is expanding in China, see link below.

https://www.forbes.com/sites/patrickmoor...8b4be257e3

I still like my FREE WIFI !! 

(Not a recommendation to buy or sell, just stating facts)