POWERMATIC DATA SYSTEM: Net Cash per share = $1.005.
Let’s do a little math here. Their EPS for 2019 was $0.20. Say we value them at a PE ratio of 8X. That equals to $1.60. Their cash holdings is $1.00 per share. Their investment property is worth about $17mil, which is $0.488 per share.
Anchun is worth watching, as it has reported another year of profitabiility.
About 11.6 m RMB in 2019, versus 10.5 m RMB in 2018. What is really notable is it has proposed a dividend for the first time in a long time from its large cashpile.
The dividend is 12RMB cents, equiv to 2.4 SG cents. which makes the yield about 10%.
EPS 23RMB cents =4 SG cents, so PE ratio is 6X.
NAV 6 RMB ! compared to stock price of 26 singapore cents.