Powermatic Data Systems

[BlueKelah]

Hi all,

Just wrote an post on this stock based on my new checklist criteria.

Basically, the share price seem to have risen too much lately and it does not seem to be as worthwhile as it maybe last year.

If the price weakens significantly, then maybe I will add this to my portfolio.

http://tubinvesting.blogspot.sg/2016/09/...-data.html

<Not Vested>

http://tubinvesting.blogspot.sg/

its always around this price lah 95c - $1 after consolidation, Yield is getting compressed just below 5% now since the div same every year. No debt and net cash 58.6% and NAV ~$1.3 and RNAV ~1.75 (if revalued their building)

Compared to my other counter like Avitech and Namlee its stock price is not up much %wise.

oh and for your V scorecard
- a critical element IMHO is management, their background and OPMI shareholder friendliness and how they pay themselves is also important. Usually they are the ones who will make a value company into a value trap company lol...
- also testing period should be at least 5-10 years for value investing from my experience, 2 years too short liao...
- there is not much utility in looking at earnings for small cap since they are mostly sector dependent, no matter how value they are, no value will be realised if their industry is in a multiyear downcycle.

for powermatic catalyst will either be sell off their building or growth in their wifi business or a takeover like recent lantrovision case.

or the more common case of analyst rotating their "GORENG" stock and decide to goreng this counter

-v-