Powermatic Data Systems

[BlueKelah]

If global economy remains stable, Powermatics likely to make around 5+m this year translating to about 14c+ EPS. Using 60% payout, we can expect 8.2c or ~8c (5c +3c bonus) this year. @$2 share price thats around 4%yield, which is rather reasonable.

And if you use PE of 15. 15*5m=75m

So based on earnings the whole company worth around 75m +- 10%. (I'd say current prices is around fair value.)

IMHO its hard to quantify any tech business as you never know if any new product or tech could be suddenly worth a lot, just like biotech companies. This is evident as in the case of AEM, when suddenly they start raking in the $$ when the research with intel paid off. Who knows if Powermatic is working on something big with QUALCOMM?

This report on AGM in 2016 by Nextinsight also sheds some light on what Dr. Chen boss may be up to in secret.  He has also mentioned he wants to hand the mgmt. of the company to the CEO and he himself go back to doing more research....
https://www.nextinsight.net/story-archiv...ta-systems
[Powermatic's management spoke about the company'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.(So hinting its UBER and GOOGLE?) ]

-V-