Author: admin

---

Written by Leong Chan Teik

---

Summary:

In a perfect investment world, Powermatic Data Systems’ stock would be trading at much higher prices. It’s not that complicated to make a case for that.

Its latest half-yearly profit (ended Sept 2017) came up to S$2.5 million, up 8% y-o-y. It’s yet another steady result.

S$ ‘m	1HFY18	2HFY17	1HFY17	2HFY16
Net Profit	2.5	1.9	2.3	1.6

What’s a standout, which has become even more so over the past couple of years, is the fact that its cash, its quoted investments and the value of its freehold property all add up to a figure far exceeding its market cap.

Full article:
https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11864-powermatic-data-systems-and-the-cash-continues-to-grow

---

Written by Leong Chan Teik

---

 

 

 

 

 

 

 

 

L-R: Independent directors Tom Yee and Prof Lye Kin Mun | Executive chairman Dr Chen Mun | Executive director Katherine Ang | Finance manager Molly Chua. 

Summary:
Powermatic Data Systems reported a net profit of $4.2 million, up 47.2% y-o-y, drawing praises from several shareholders who spoke up at the AGM. The secret sauce, we learnt, is the wi-fi connectivity solutions that Powermatic has in recent years supplied to enable wi-fi connectivity in transportation vehicles, such as trains, buses and taxis, especially in Europe and the US.

Full article:

https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11640-agm-of-powermatic-data-riding-on-growth-of-wi-fi-connectivity-in-transport

---

Written by Leong Chan Teik

---

 

 

 

 

 

 

 

Investors meeting at the Powermatic Data Systems former office in Joo Seng.

Summary: 

Powermatic Data Systems has been listed on the Singapore Exchange since 1992, and its business has gone through several transformations since. Which is perhaps why when 16 investors headed for a meeting with Powermatic last Saturday, they had various versions of what they thought the business is about.

Full article:

https://www.nextinsight.net/story-archive-mainmenu-60/927-2015/10346-powermatic-data-systems

---

Written by Leong Chan Teik

---

 

 

 

 

 

 

 

 

 

 

L-R: Finance manager Molly Chua, Executive director Katherine Ang, Executive chairman Dr Chen Mun, and Independent directors Tom Yee, David Tan and Prof Lye Kin Mun.

Summary:

Despite being a small listed company, Powermatic Data Systems is engaged in interesting, and cutting edge, projects with global players. To start with, Powermatic is an authorised design centre for Qualcomm Atheros. It was the first Qualcomm design centre in Asia when it was set up two years ago. Management spoke about Powermatic’s involvement, and potential investments, in projects such as those that involve “a major search engine” and a global car rental company, without revealing names.

Full article:
https://www.nextinsight.net/story-archive-mainmenu-60/938-2016/10862-agm-of-powermatic-data-systems