Powermatic Data – Annual General Meeting

Dear Stakeholders,

Powermatic Data – ANNUAL GENERAL MEETING

Meeting Date and Time: 29 September 2020 11:00a.m.
Meeting Venue: Meeting will be convened and held by way of electronic means
Response Deadline Date: 27 September 2020 11:00a.m.

Summary:
Please refer to the following link for attached for more information:
1. Notice of Thirty First Annual General Meeting
2. Proxy Form for Thirty First Annual General Meeting
3. Instructions to Shareholders for the Thirty First Annual General Meeting on Tuesday, 29 September 2020
4. Request Form

Kindly visit the link below for more information:
https://links.sgx.com/1.0.0/corporate-announcements/HMIM6K016BTDR8CR/ff03aef2ea41dfeba57089833e33d67c60668203be64472d9354
116ebea34aeb

The Edge: PDS powering ahead as CIMB starts stock at ‘add’


Written by PC Lee


 

 

 

Summary:
SINGAPORE (Mar 6): Shares in Powermatic Data Systems are up 14 cents or 10.1% at $1.53 as at 11.23am with 52,800 shares changing hands.

This comes after CIMB started coverage of Powermatic with an “add” and a target price of $2.58 or 12.8 times FY19 earnings, based on sum-of-parts valuation.

In a Monday report, analyst William Tng says Powermatic, whose core business is wireless connectivity, is plugged into the growth potential of 5G telco networks and the rising Internet of Things (IoT) trend.

Full article:
https://www.theedgesingapore.com/powermatic-data-powering-ahead-cimb-starts-stock-add

PDS: Surges on CGS-CIMB initiation report


Analyst: William Tng, CFA


PDS: Surges on CGS-CIMB initiation report by CGS CIMB Analyst

 

 

Summary:
Powermatic Data Systems, since CGS-CIMB’s initiation report yesterday (6 March), has leapt dramatically from $1.39 to close at $2.00, and made it to as high as $2.64 this morning. The stock’s undervaluation and niche strength have long been talked about by some value investors. NextInsight has a number of articles on that too (see links at the bottom of this page), with the most recent (Nov 2017) being POWERMATIC DATA SYSTEMS: And the deep value continues to grow

Excerpts from CGS-CIMB report

Full article:
https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12068-powermatic-data-systems-surges-on-cgs-cimb-initiation-report