Added to YB: 2026-10-05
Pitch date: 2026-10-01
BCY.SI [bullish]
Powermatic Data Systems Limited
-5.08%
current return
Author Info
No bio for this author
Company Info
Powermatic Data Systems Limited, an investment holding company, manufactures, markets, distributes, and sells wireless connectivity products and related services in Singapore, rest of Asia, the United States, Europe, and internationally.
Market Cap
SGD 100.0M
Pitch Price
SGD 2.95
Price Target
N/A
Dividend
1.40%
EV/EBITDA
2.92
P/E
8.11
EV/Sales
1.35
Sector
Communications Equipment
Category
value
Not So Fast - Powermatic Data Systems Limited
BCY.SI (hold): Powermatic’s SOTP unlock is taking longer than expected, with only one additional unit sold since March 31 and average pricing of ~S$1,800/sq ft, below the S$2,000 base case but above the S$1,600 bear case. The position is being maintained because Powermatic is not a forced seller; selling the remaining 64% near current prices, plus net cash, would cover well over 100% of market cap.
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