Powermatic Data Systems

[MOV]

i would invest more into capax now with the cash hoard, rather then distribute out... it just does not make sense to not fully maximize their cash bullets in the next few months... buy a new building/ office property or something... !

Err...hope not, I prefer big angbao.
  
The last time they bought a building in 2010...have not sold yet still after 10 years.....!

[MOV]

This will entrench Qualcomm firmly for 5G phones and networks....good signs for PM Data. 

https://www.cnbc.com/2020/07/29/qualcomm...-2020.html


"Qualcomm stands to benefit heavily from 5G networks being built and issued a strong forecast for its upcoming quarter, suggesting that 5G is starting to become an economic force. Qualcomm sells modem chips to phone makers, and licenses critical patents to anyone using 5G technology. The company also said it had entered into a long-term patent agreement with Huawei, which will be a major vendor of 5G phones and network equipment. Qualcomm said it expects to record $1.8 billion in settlement payments from Huawei in the quarter ending in September. Qualcomm settled similar patent lawsuits with Apple, a major handset customer, last year. “With the signing of the Huawei agreement we are now entering a period in which we have multiyear license agreements with every major handset OEM,” Qualcomm CEO Steve Mollenkopf said on a call with analysts. "

[pianist]

capital distribution by the Company to Shareholders of S$0.286 in cash for each ordinary share in the capital of the Company held by a Shareholder as at the record date to be determined by the directors of the Company for the purpose of determining the entitlement of Shareholders...huat ah

[MOV]

Think they would have given more if not for Covid-19 environment right now since capital reduction talk was floated last October. 

Nonetheless, it's slightly more than 20cts over the usual 8cts dividends. 

[Dosser]

Capital reduction approved by High Court. $ 0.286/share payment to be made on or about 17th November. Early Christmas present.

https://links.sgx.com/FileOpen/Announcem...eID=635779

[pianist]

Expect corresponding drop after X d?

[MOV]

Payment of the Cash Distribution arising from the Capital Reduction will be made to the Shareholders on 17 November 2020....

https://links.sgx.com/1.0.0/corporate-an...6c4349fdca

Thank you PM Data.....can now upgrade to 5G phone and WIFI 6 

[TerryT]

https://www.businesstimes.com.sg/hub-pro...mic-winner



"As q-commerce gains momentum, speed to customer is of critical importance; industrial clusters which are located closer to the city centre, such as Jalan Buroh/West Coast and MacPherson/Tai Seng/Ubi/Kaki Bukit, are poised for growth.


"As the focus on ESG gains traction, there will be a wave of redevelopment to revamp ageing industrial buildings to make them institutional-grade and sustainable. Buildings with longer leasehold tenures will be in higher demand as the cost of revamping needs to be amortised and to reap long-term benefits. The MacPherson/Tai Seng/Ubi/Kaki Bukit industrial cluster will be a beneficiary to this trend, given its city-fringe location and strong accessibility via the Circle and Downtown Mass Rapid Transit (MRT) Lines."

[Dosser]

Solid, but not spectacular, results:

https://links.sgx.com/FileOpen/PMD_SGX%2...eID=667523

5c final dividend, but still leaving large cash pile.

[¯|_(ツ)_/¯]

Powermatic Data Systems - halt
https://links.sgx.com/1.0.0/corporate-an...a708d7c6bc

Stay home and stay safe, everyone.