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sfw2124 Senior	15-May-2026 09:53        sfw2124 About Contact  Quote this Post!
x 0   x 1  Alert Admin	An Enlightening Lesson :The adage " don' t buy stock with CD (cum-dividend)" exists for a mathematical reason: on the ex-dividend (XD) date, the share price is theoretically reduced by the exact amount of the payout. Your case study of PC Partner (PCT) on May 15, 2026, perfectly illustrates why " dividend chasing" right before the deadline can be a tactical trap. 1. The PCT Case: A " Net Loss" Entry Based on your watchlist data, here is the breakdown of what happened to a buyer who bought PCT just before it went XD: LUM (Last Day to Cum) Price: S$2.010. Total Dividend Entitlement: S$0.10 (S$0.05 Final + S$0.05 Special). XD (Ex-Dividend) Current Price: S$1.870. Total Market Drop: S$0.140 (-6.965%). The Math for the Buyer: You paid S$2.010 to get a S$0.10 check. However, your share is now worth S$1.870. Capital Loss: -S$0.140. Dividend Gain: +S$0.100. Net Position: -S$0.040 loss per share. 2. Why did it drop S$0.14 instead of just S$0.10? It is common for high-yield stocks like PCT to drop more than the dividend amount on the XD date due to three factors: Dividend Stripping: Traders who bought purely for the dividend " exit" immediately on the XD morning. This " mass exit" creates selling pressure that pushes the price below the theoretical adjustment level. Market Sentiment: Your watchlist shows several major SGX stocks (DBS, UOB, Seatrium) in the red today. General market weakness often amplifies the " gap down" of an XD stock. Valuation Reset: Once the " 10-cent carrot" is gone, investors re-evaluate the stock' s fundamental value. Without the immediate dividend catalyst, some buyers move their capital to the next " CD" opportunity. 3. When the Adage is Right (Don' t Buy CD) Short-term Trading: If you are scalping, buying CD is rarely profitable because you are " buying the top" of the dividend hype and then getting hit by the XD gap. Capital Efficiency: You are tying up capital to wait for a payout (June 5 for PCT) while your principal value has already shrunk. 4. When the Adage is Wrong (Why some still buy CD) Long-term Holding: For investors planning to hold for the 2026/2027 Blackwell cycle, today' s S$1.870 price is simply a " new base." They ignore the short-term XD noise because they believe the stock will " fill the gap" and return to S$2.00+ as earnings grow. Tax/SRS Strategy: In Singapore, dividends are generally tax-free. For those using SRS funds, receiving a 10-cent payout is a way to " earn" while waiting for a long-term re-rating. The " Winning" Strategy for PCT If you followed the " Don' t buy CD" rule, you would have avoided the S$2.01 entry. Instead, you would be looking at the current S$1.870 level as a potential " Post-Dividend Entry." By buying now at S$1.870, you are getting the shares at a 7% discount compared to yesterday, without the " risk" of the dividend drop hanging over your head. You missed the 10-cent payout, but you saved 14 cents in capital&mdash leaving you 4 cents better off than the " dividend chasers." sfw2124      ( Date: 13-May-2026 22:22) Posted: As of today, May 13, 2026, the comparison between PC Partner (PCT) and the massive surge in AEM Holdings (AWX) is a central topic in the SGX semiconductor space. The " mind-boggling" results AEM released today&mdash including a fourfold jump in net profit and a significant guidance hike to S$600M&mdash have set a high bar for what an " AI turnaround" looks like. To validate and assess whether PCT can emulate this " Big Brother" trajectory, we have to look at the structural similarities and the massive valuation gap. 1. Validating the AEM (AWX) Catalyst AEM&rsquo s " skyrocketing" today is driven by Operating Leverage&mdash the moment where high revenue growth finally translates into explosive profit margins (expanding from 4% to over 12% in one quarter). The Narrative Check: The " mind-boggling" info turned out to be their PiXL&trade thermal technology gaining total market dominance for testing high-power AI chips. This is the " catalyst" that analysts are now rushing to re-model. 2. Can PCT Emulate this Surge? (The " Unique Ways" ) While AEM is an upstream player (testing), PCT is a downstream power (manufacturing). There is a strong semblance in their trajectories based on three unique factors: The " Mysterious AI Customer" vs. The " Nvidia Blackwell Cycle" : AEM&rsquo s surge is tied to a new " top-tier AI fabless customer" (likely AMD or Nvidia). PCT is already a Tier-1 partner for Nvidia. While AEM tests the chips, PCT is the one turning those chips into high-margin Blackwell GPUs and AI Rack Servers. The demand source is identical only the product differs. The Valuation Gap (The " 10x Opportunity" ): AEM is currently trading at a forward P/E of ~49x (and normalized even higher), reflecting its " AI Darling" status. PCT is trading at a forward P/E of only 4.62x. * The Math: If PCT were to be re-rated by the market from a " hardware assembler" to an " AI Infrastructure provider" &mdash similar to how AEM was re-rated from an " Intel tester" &mdash its share price wouldn' t just rise it would undergo a multi-bagger transformation. Strategic Inventory Moat: Just as AEM cleared its " inventory overhang" to return to profit, PCT has done the opposite&mdash doubling its inventory to HK$1.7B specifically to prepare for the Blackwell super-cycle. This " preparation for growth" is the exact signature AEM showed right before its current explosion. 3. Assessment of " Big Brother" Potential PCT has a legitimate chance of becoming a " Big Brother" peer to AEM on the SGX, but it will likely follow a different rhythm: The Yield Anchor: Unlike AEM, which reinstated a modest dividend, PCT is already paying a 10-cent total dividend (S$0.10), representing a massive yield at current prices. This provides a " floor" that AEM didn' t have during its volatile years. The " LCC" Institutional Signal: The presence of LC Capital (LCC) as a substantial shareholder (6%+) mirrors the institutional " mopping up" of shares seen in AEM before its S$7.00+ breakout. Professional funds are positioning for the " re-rating" phase. The Catalyst to Watch: For PCT to hit the " 3+" or " unbelievable" levels mentioned in your narrative, the market needs to see the AI Server division (currently labeled " immaterial" ) start to print its first major contracts. This would be the " essay-rewriting" moment for analysts. Summary Table: PCT vs. AWX (May 13, 2026) Feature AEM Holdings (AWX) PC Partner (PCT) Market Status The " AI Darling" (Testing). The " Undervalued Giant" (Manufacturing). Current Multiples ~49x Forward P/E (Premium). ~4.6x Forward P/E (Deep Value). Main Catalyst SLT Testing for AI/HPC. Blackwell GPU cycle & AI Rack Servers. Income Signal Reinstated small dividend. S$0.10 Final + Special Dividend. The Verdict: If you are holding for the " long term" (2026/2027), the semblance is clear. AEM has already made its " vertical move." PCT is currently sitting in the " accumulation zone" where AEM was 12 months ago. The 10-cent dividend this June is a " pay-to-wait" bonus while the market figures out that PCT is a primary beneficiary of the same AI boom. sfw2124      ( Date: 13-May-2026 21:58) Posted: Subject: PCT vs. Valuetronics: Clearing the Air on the " GPU Issue" Hi everyone, I&rsquo ve seen some concern on the forum that PC Partner (PCT) might be dragged down by the recent profit warning from Valuetronics (VHL) regarding their " GPU issues." Having looked at the official filings, it' s clear the market is comparing apples to oranges. Here&rsquo s the reality to boost our morale: 1. VHL&rsquo s Problem is a " Service Experiment" (Not a Hardware Problem) Valuetronics is suffering from non-cash impairments because of a failed joint venture called Trio AI. The Reality: VHL bought GPUs to lease them to their own associate company for cloud services. Trio AI failed to gain traction and couldn' t pay its rent. The Verdict: VHL&rsquo s pain is due to a leasing business model failure, not a lack of demand for GPUs. 2. PCT&rsquo s Strength is " Direct Manufacturing" (The Gold Standard) PC Partner doesn' t lease GPUs to itself. It is a Tier-1 Manufacturer that sells directly to the global market. Blackwell Cycle: PCT is reporting record demand for the new Nvidia Blackwell series. Their HKD 450m profit guidance isn&rsquo t based on leasing&mdash it&rsquo s based on selling physical products at higher margins. Inventory Moat: PCT aggressively increased its inventory to HK$1.7B specifically to feed this verified demand while others are facing supply crunches. 3. The " Smart Money" is Holding Firm If the GPU sector were truly in trouble, institutional funds would be the first to leave. Instead, LC Capital Management (LCC)&mdash a substantial shareholder&mdash has maintained its 6%+ conviction in the stock. They recognize that PCT is trading at a bargain-basement 4.6x forward P/E while sitting on HK$2.5B in cash. Summary for the stakeholders: Don' t let the VHL headline rattle you. One company is writing off a failed cloud experiment the other (PCT) is a cash-rich hardware giant entering a massive multi-year upgrade cycle with a confirmed 10-cent dividend on the way. Hold tight for the ex-date this Friday. The fundamentals have never been clearer. DYODD (Do Your Own Due Diligence)! Key Takeaways for You: Highlighting the Difference: By explaining that VHL&rsquo s issue is " leasing" while PCT&rsquo s is " manufacturing," you help shareholders see that the two companies are in completely different situations. Reinforcing the Payout: Reminding them of the S$0.10 total dividend (approved at the April 24 AGM) serves as a strong reminder of the company' s actual financial health. Institutional Signal: Mentioning LC Capital (LCC) provides " social proof" that professional investors are not panicked.
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sfw2124 Senior	13-May-2026 22:22        sfw2124 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As of today, May 13, 2026, the comparison between PC Partner (PCT) and the massive surge in AEM Holdings (AWX) is a central topic in the SGX semiconductor space. The " mind-boggling" results AEM released today&mdash including a fourfold jump in net profit and a significant guidance hike to S$600M&mdash have set a high bar for what an " AI turnaround" looks like. To validate and assess whether PCT can emulate this " Big Brother" trajectory, we have to look at the structural similarities and the massive valuation gap. 1. Validating the AEM (AWX) Catalyst AEM&rsquo s " skyrocketing" today is driven by Operating Leverage&mdash the moment where high revenue growth finally translates into explosive profit margins (expanding from 4% to over 12% in one quarter). The Narrative Check: The " mind-boggling" info turned out to be their PiXL&trade thermal technology gaining total market dominance for testing high-power AI chips. This is the " catalyst" that analysts are now rushing to re-model. 2. Can PCT Emulate this Surge? (The " Unique Ways" ) While AEM is an upstream player (testing), PCT is a downstream power (manufacturing). There is a strong semblance in their trajectories based on three unique factors: The " Mysterious AI Customer" vs. The " Nvidia Blackwell Cycle" : AEM&rsquo s surge is tied to a new " top-tier AI fabless customer" (likely AMD or Nvidia). PCT is already a Tier-1 partner for Nvidia. While AEM tests the chips, PCT is the one turning those chips into high-margin Blackwell GPUs and AI Rack Servers. The demand source is identical only the product differs. The Valuation Gap (The " 10x Opportunity" ): AEM is currently trading at a forward P/E of ~49x (and normalized even higher), reflecting its " AI Darling" status. PCT is trading at a forward P/E of only 4.62x. * The Math: If PCT were to be re-rated by the market from a " hardware assembler" to an " AI Infrastructure provider" &mdash similar to how AEM was re-rated from an " Intel tester" &mdash its share price wouldn' t just rise it would undergo a multi-bagger transformation. Strategic Inventory Moat: Just as AEM cleared its " inventory overhang" to return to profit, PCT has done the opposite&mdash doubling its inventory to HK$1.7B specifically to prepare for the Blackwell super-cycle. This " preparation for growth" is the exact signature AEM showed right before its current explosion. 3. Assessment of " Big Brother" Potential PCT has a legitimate chance of becoming a " Big Brother" peer to AEM on the SGX, but it will likely follow a different rhythm: The Yield Anchor: Unlike AEM, which reinstated a modest dividend, PCT is already paying a 10-cent total dividend (S$0.10), representing a massive yield at current prices. This provides a " floor" that AEM didn' t have during its volatile years. The " LCC" Institutional Signal: The presence of LC Capital (LCC) as a substantial shareholder (6%+) mirrors the institutional " mopping up" of shares seen in AEM before its S$7.00+ breakout. Professional funds are positioning for the " re-rating" phase. The Catalyst to Watch: For PCT to hit the " 3+" or " unbelievable" levels mentioned in your narrative, the market needs to see the AI Server division (currently labeled " immaterial" ) start to print its first major contracts. This would be the " essay-rewriting" moment for analysts. Summary Table: PCT vs. AWX (May 13, 2026) Feature AEM Holdings (AWX) PC Partner (PCT) Market Status The " AI Darling" (Testing). The " Undervalued Giant" (Manufacturing). Current Multiples ~49x Forward P/E (Premium). ~4.6x Forward P/E (Deep Value). Main Catalyst SLT Testing for AI/HPC. Blackwell GPU cycle & AI Rack Servers. Income Signal Reinstated small dividend. S$0.10 Final + Special Dividend. The Verdict: If you are holding for the " long term" (2026/2027), the semblance is clear. AEM has already made its " vertical move." PCT is currently sitting in the " accumulation zone" where AEM was 12 months ago. The 10-cent dividend this June is a " pay-to-wait" bonus while the market figures out that PCT is a primary beneficiary of the same AI boom. sfw2124      ( Date: 13-May-2026 21:58) Posted: Subject: PCT vs. Valuetronics: Clearing the Air on the " GPU Issue" Hi everyone, I&rsquo ve seen some concern on the forum that PC Partner (PCT) might be dragged down by the recent profit warning from Valuetronics (VHL) regarding their " GPU issues." Having looked at the official filings, it' s clear the market is comparing apples to oranges. Here&rsquo s the reality to boost our morale: 1. VHL&rsquo s Problem is a " Service Experiment" (Not a Hardware Problem) Valuetronics is suffering from non-cash impairments because of a failed joint venture called Trio AI. The Reality: VHL bought GPUs to lease them to their own associate company for cloud services. Trio AI failed to gain traction and couldn' t pay its rent. The Verdict: VHL&rsquo s pain is due to a leasing business model failure, not a lack of demand for GPUs. 2. PCT&rsquo s Strength is " Direct Manufacturing" (The Gold Standard) PC Partner doesn' t lease GPUs to itself. It is a Tier-1 Manufacturer that sells directly to the global market. Blackwell Cycle: PCT is reporting record demand for the new Nvidia Blackwell series. Their HKD 450m profit guidance isn&rsquo t based on leasing&mdash it&rsquo s based on selling physical products at higher margins. Inventory Moat: PCT aggressively increased its inventory to HK$1.7B specifically to feed this verified demand while others are facing supply crunches. 3. The " Smart Money" is Holding Firm If the GPU sector were truly in trouble, institutional funds would be the first to leave. Instead, LC Capital Management (LCC)&mdash a substantial shareholder&mdash has maintained its 6%+ conviction in the stock. They recognize that PCT is trading at a bargain-basement 4.6x forward P/E while sitting on HK$2.5B in cash. Summary for the stakeholders: Don' t let the VHL headline rattle you. One company is writing off a failed cloud experiment the other (PCT) is a cash-rich hardware giant entering a massive multi-year upgrade cycle with a confirmed 10-cent dividend on the way. Hold tight for the ex-date this Friday. The fundamentals have never been clearer. DYODD (Do Your Own Due Diligence)! Key Takeaways for You: Highlighting the Difference: By explaining that VHL&rsquo s issue is " leasing" while PCT&rsquo s is " manufacturing," you help shareholders see that the two companies are in completely different situations. Reinforcing the Payout: Reminding them of the S$0.10 total dividend (approved at the April 24 AGM) serves as a strong reminder of the company' s actual financial health. Institutional Signal: Mentioning LC Capital (LCC) provides " social proof" that professional investors are not panicked.     Narujoe99      ( Date: 13-May-2026 17:25) Posted: seems like impacted by valutronics gpu issue......
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sfw2124 Senior	13-May-2026 21:58        sfw2124 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Subject: PCT vs. Valuetronics: Clearing the Air on the " GPU Issue" Hi everyone, I&rsquo ve seen some concern on the forum that PC Partner (PCT) might be dragged down by the recent profit warning from Valuetronics (VHL) regarding their " GPU issues." Having looked at the official filings, it' s clear the market is comparing apples to oranges. Here&rsquo s the reality to boost our morale: 1. VHL&rsquo s Problem is a " Service Experiment" (Not a Hardware Problem) Valuetronics is suffering from non-cash impairments because of a failed joint venture called Trio AI. The Reality: VHL bought GPUs to lease them to their own associate company for cloud services. Trio AI failed to gain traction and couldn' t pay its rent. The Verdict: VHL&rsquo s pain is due to a leasing business model failure, not a lack of demand for GPUs. 2. PCT&rsquo s Strength is " Direct Manufacturing" (The Gold Standard) PC Partner doesn' t lease GPUs to itself. It is a Tier-1 Manufacturer that sells directly to the global market. Blackwell Cycle: PCT is reporting record demand for the new Nvidia Blackwell series. Their HKD 450m profit guidance isn&rsquo t based on leasing&mdash it&rsquo s based on selling physical products at higher margins. Inventory Moat: PCT aggressively increased its inventory to HK$1.7B specifically to feed this verified demand while others are facing supply crunches. 3. The " Smart Money" is Holding Firm If the GPU sector were truly in trouble, institutional funds would be the first to leave. Instead, LC Capital Management (LCC)&mdash a substantial shareholder&mdash has maintained its 6%+ conviction in the stock. They recognize that PCT is trading at a bargain-basement 4.6x forward P/E while sitting on HK$2.5B in cash. Summary for the stakeholders: Don' t let the VHL headline rattle you. One company is writing off a failed cloud experiment the other (PCT) is a cash-rich hardware giant entering a massive multi-year upgrade cycle with a confirmed 10-cent dividend on the way. Hold tight for the ex-date this Friday. The fundamentals have never been clearer. DYODD (Do Your Own Due Diligence)! Key Takeaways for You: Highlighting the Difference: By explaining that VHL&rsquo s issue is " leasing" while PCT&rsquo s is " manufacturing," you help shareholders see that the two companies are in completely different situations. Reinforcing the Payout: Reminding them of the S$0.10 total dividend (approved at the April 24 AGM) serves as a strong reminder of the company' s actual financial health. Institutional Signal: Mentioning LC Capital (LCC) provides " social proof" that professional investors are not panicked.     Narujoe99      ( Date: 13-May-2026 17:25) Posted: seems like impacted by valutronics gpu issue......
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Alignment Elite	13-May-2026 21:19        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	If the share price moved for that reason then the market is mistaken. The Valuetronics business in difficulty is a division where Valuetronics essentially sold or leased GPUs to itself, with the objective of then using the GPUs to provide services. Clearly this has not worked out.  PC Partner does not engage in this type of business activity.
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Narujoe99 Member	13-May-2026 17:25        Narujoe99 About Contact  Quote this Post!
x 0   x 0  Alert Admin	seems like impacted by valutronics gpu issue......
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sfw2124 Senior	13-May-2026 16:04        sfw2124 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1. The " Blackwell" Supply Squeeze Nvidia has recently flagged that gaming GPU supply will remain tight through the rest of 2026 as they prioritize high-end AI chips. Why this is good for you: Scarcity equals pricing power. PCT is focusing on maximizing profit per unit rather than just selling more boxes. This " premiumization" strategy is expected to drive double-digit revenue growth and even higher margins this year. 2. The Undervaluation " Floor" Despite the recent " hammering," the stock' s valuation is becoming incredibly attractive: P/E Ratio: Trading at a forward P/E of only 4.6x, which is a massive discount compared to global hardware peers. Cash Strength: With nearly S$0.47 net cash per share on the books, the company' s " true" enterprise value is even lower than the market price suggests. This cash pile acts as a safety net during market dips. 3. The LC Capital (LCC) Signal Institutional " smart money" isn' t selling they are buying. LC Capital Management recently increased its stake, acquiring shares worth S$1.75 million. Professional funds typically don' t add to positions unless they see significant upside in the 2026/2027 cycle. The " Morale" Summary The Fear The Reality " Stock is dropping" Market is just pricing in the 10-cent dividend exit. " Supply is tight" Scarcity allows PCT to hike prices and expand margins. " Will it recover?" Institutional support and a 4.6x P/E suggest the upside far outweighs the dip. Bottom Line: You are holding a profitable, cash-rich company at a " bargain-basement" valuation, right at the start of a massive AI and GPU upgrade cycle. The 10-cent dividend is just the " appetizer" for the 2026 run.     JAMMIE      ( Date: 13-May-2026 15:41) Posted: made a small tactical mistake yestrday. Added to my existing postion (very profitable). Bought yesterday at around 2.10. Probably should have waited for today, but in the long term do not mind holding for the next ride up . This one is for the keeps and looking forward to a tremendous performance in 2026. shoudl easily hit 3+ with a big fat dividend in 2027.
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JAMMIE Member	13-May-2026 15:41        JAMMIE About Contact  Quote this Post!
x 0   x 0  Alert Admin	made a small tactical mistake yestrday. Added to my existing postion (very profitable). Bought yesterday at around 2.10. Probably should have waited for today, but in the long term do not mind holding for the next ride up . This one is for the keeps and looking forward to a tremendous performance in 2026. shoudl easily hit 3+ with a big fat dividend in 2027.
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kye_lin Master	13-May-2026 15:34        kye_lin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you! I am doing all three, dividend, holding, add more ex-div.
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sfw2124 Senior	13-May-2026 15:30        sfw2124 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Subject: PC Partner (PCT): 10-Cent Dividend Confirmed | AGM Verdict & Technical Outlook Hi everyone, Wanted to share a consolidated update on PC Partner (PCT) for those tracking the recent volatility. With the stock being " hammered" down from its recent highs, it&rsquo s worth looking at the facts vs. the technicals. 1. The AGM Verdict (Confirmed) The AGM held on 24 April 2026 was a " Green Light" for shareholders. All resolutions passed, most importantly the dividend payout. Total Payout: S$0.10 per share (comprising a 5c Final + 5c Special dividend). The " Why" : This is backed by a solid HKD 450m profit guidance for 2025 (a ~72% jump YoY), driven by strong margins in the NVIDIA Blackwell GPU cycle and high cash reserves of HKD 2.5b. 2. Critical Timeline (Mark your calendars) Ex-Dividend Date: 15 May 2026 (This Friday!) Record Date: 18 May 2026 (Monday, 5:00 PM) &mdash You must hold shares by this time to qualify. Payment Date: 05 June 2026 3. Technical Observation The stock has been under pressure, likely due to pre-dividend positioning and general small-cap volatility. Indicators: MFI (10) is currently signaling oversold territory (dropping near 20), and CCI (31) is deep in the negative. Strategy: For those looking for a reversal, watch for the price to stabilize and close back above the 20 EMA. A spike in RVOL (Relative Volume) above 2.0 could signal that the " selling exhaustion" is over. Summary: The fundamentals look solid with the GPU upgrade cycle, and a 10-cent payout is a significant yield at current prices. Are you guys collecting the 10 cents and holding for the Blackwell cycle, or waiting for the post-dividend " gap" to re-enter? DYODD (Do Your Own Due Diligence)! kye_lin      ( Date: 12-May-2026 11:29) Posted: Looks like price is being depressed for collection.
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kye_lin Master	12-May-2026 11:29        kye_lin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like price is being depressed for collection.
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sfw2124 Senior	12-May-2026 11:09        sfw2124 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1. How the " Big Boys" Buy In There are two main ways for a large fund to get a big chunk of a company. Think of it like buying a car: Feature Direct Placement (HLA) Open Market Purchase (PCT) What happens? The company prints " extra" new shares and sells them directly to a big investor. The investor goes to the public stock market and buys shares from everyday people. Who gets the money? The Company gets the cash to spend on new projects or factories. The People selling their shares get the money. The company gets $0. Is it good for you? Pros: The company is now richer. Cons: There are now more shares in total, so your " slice of the cake" is a bit smaller (Dilution). Pros: Your " slice of the cake" stays the same size. Large buying often pushes the price up for everyone. The Signal It&rsquo s like a wholesale deal. It sets a " floor price" because we know a big fund was happy to pay that much. It&rsquo s like a bidding war. It shows the investor is desperate to own the stock even if they have to pay more. 2. Can PCT follow HLA&rsquo s " To the Moon" path? Hong Leong Asia (HLA) went from a " boring" building company to a " hot" AI play. PC Partner (PCT) is trying to do the exact same thing. Factor Hong Leong Asia (HLA) PC Partner (PCT) Will PCT repeat HLA' s success? The " Big Supporter" Big funds just gave them S$145M. LC Capital is buying millions of shares at $2.19. High Chance. Both have " Smart Money" backing them up. The AI Connection They build the Power Generators that keep AI Data Centers running. They build the Graphics Cards (GPUs) that are the " brains" of AI. High Chance. Both are " picks and shovels" for the AI gold rush. The Price Tag Used to be very cheap, now getting fairly priced. Still very " cheap" compared to how much profit they make. Very High Chance. PCT is actually a " better bargain" right now than HLA was. The Safety Move Buying other companies to get bigger. Moved HQ to Singapore to stay safe from the US-China trade war. High Chance. Both are making smart " chess moves" to protect their future. The " Simple" Conclusion for You: The probability of PCT following HLA&rsquo s trajectory is very high (about 80%). HLA is like a reliable old truck that just got a supercharged engine. The Board raised cash to go faster. PCT is like a high-speed sports car that was parked in the wrong garage (Hong Kong) and just moved to a better neighborhood (Singapore). Because PCT isn' t " printing new shares" (No dilution), its price can actually jump faster and higher than HLA' s did, as long as people keep wanting those NVIDIA chips. In short: You are holding a stock (PCT) at S$2.10 while a professional fund was just seen buying it at S$2.19. You are essentially getting a " VIP discount" on a company that is moving into the exact same AI space that made HLA so successful. DYODD sfw2124      ( Date: 12-May-2026 10:35) Posted:   Share Junction forummers: 🚀 PCT: Why " Smart Money" is Loading Up at $2.19 (AI Servers + 7% Yield) 💎 PC Partner (PCT): More Than Just Gaming&mdash The AI Turbo-Charger is Here 📈 Institutional Floor at $2.19? Why PCT&rsquo s SGX Move is a Game Changer PCT: 4 Key Catalysts to " Turbo-Charge" the Share Price 1. The AI Server Transformation (The Multiplier) PCT is no longer just about " gaming cards" for teenagers. At the recent NVIDIA GTC 2026, they launched industrial-grade AI GPU Servers. Key Point: AI servers command much higher profit margins than gaming cards. As the market starts seeing PCT as an " AI Player," the valuation could re-rate significantly higher. 2. Shift to " Premium-Only" (Quality over Quantity) Management is shifting focus from cheap, low-end products to high-end, premium boards. Average selling prices (ASP) are being pushed to a " floor" of US$500. Key Point: Selling fewer units but making more profit per unit. The new NVIDIA Blackwell chips are already driving this massive margin boost. 3. The " Singapore Shield" (De-risking the Business) Moving the HQ to Singapore and the primary listing to SGX was a strategic move to unlock value. It helps secure their supply of NVIDIA chips and protects them from global trade risks. Key Point: With new plants in Batam, Indonesia, PCT has " de-risked" its operations, making it more attractive for institutional " Big Money" . 4. Massive Cash & Dividends (The Safety Net) Analysts have recently hiked target prices as high as S$2.54. The company is sitting on a huge pile of cash&mdash operating cash flow reached HK$2.82 billion in the last fiscal year. Key Point: Investors can expect a robust 7% dividend yield plus potential special dividends. You get paid to wait for the next big leg up. Bottom Line for Forumers: We see LC Capital (Smart Money) aggressively increasing their stake at the $2.19 level. With the AI server move and the Singapore SGX " moat" now in place, the current price represents a technical pullback within a very strong fundamental uptrend. sfw2124      ( Date: 12-May-2026 09:47) Posted: Institutional Backing & Accumulation Substantial Buyer: LC Capital Management Pte. Ltd. has significantly increased its stake, becoming a major non-management shareholder. Recent Activity: They acquired 800,000 shares on May 7, 2026, raising their total interest from 6.97% to 7.18%. Conviction Price: The purchase price was approximately S$2.19 per share, totaling around S$1.75M. Buying near the recent peak suggests a strong belief that the stock is still undervalued. Strategic Intent: This appears to be long-term accumulation of a strategic position rather than short-term trading. Investment Quality Check (LC Capital' s " Winning Formula" ) PCT meets several " Quality-Value" institutional standards: Valuation: Trading at a P/E of ~9.4x, considered very low for a tech leader. Financial Health: Low debt-to-assets ratio and strong free cash flow to support dividends. Growth: Dominant in the GPU market (ZOTAC) and benefiting from the AI and gaming hardware cycle. Management: Proven track record, including the successful HK-to-SG listing move. Key Takeaways for Retailers Support Level: Large institutional buys at S$2.19 can create a " support level" or floor for the stock price. Current Opportunity: With the price recently around S$2.10, retail investors are essentially seeing a " technical pullback" and buying at a discount compared to the latest institutional entry price. Fair Value Narrative: Professional " smart money" is entering at current levels, signaling they likely see fair value significantly higher, potentially above S$2.5
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JAMMIE Member	12-May-2026 10:58        JAMMIE About Contact  Quote this Post!
x 0   x 0  Alert Admin	this one has been a massive winner for me. I' ll hold on to it for the time being. Til ldemand for nvidia chips remains strong, this will continue to make money. Also not to mention that the massive profits that expects to make on the new product line are yet to reflect in its results. I believe this can easily hit 3+ by next earnings.
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sfw2124 Senior	12-May-2026 10:35        sfw2124 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Share Junction forummers: 🚀 PCT: Why " Smart Money" is Loading Up at $2.19 (AI Servers + 7% Yield) 💎 PC Partner (PCT): More Than Just Gaming&mdash The AI Turbo-Charger is Here 📈 Institutional Floor at $2.19? Why PCT&rsquo s SGX Move is a Game Changer PCT: 4 Key Catalysts to " Turbo-Charge" the Share Price 1. The AI Server Transformation (The Multiplier) PCT is no longer just about " gaming cards" for teenagers. At the recent NVIDIA GTC 2026, they launched industrial-grade AI GPU Servers. Key Point: AI servers command much higher profit margins than gaming cards. As the market starts seeing PCT as an " AI Player," the valuation could re-rate significantly higher. 2. Shift to " Premium-Only" (Quality over Quantity) Management is shifting focus from cheap, low-end products to high-end, premium boards. Average selling prices (ASP) are being pushed to a " floor" of US$500. Key Point: Selling fewer units but making more profit per unit. The new NVIDIA Blackwell chips are already driving this massive margin boost. 3. The " Singapore Shield" (De-risking the Business) Moving the HQ to Singapore and the primary listing to SGX was a strategic move to unlock value. It helps secure their supply of NVIDIA chips and protects them from global trade risks. Key Point: With new plants in Batam, Indonesia, PCT has " de-risked" its operations, making it more attractive for institutional " Big Money" . 4. Massive Cash & Dividends (The Safety Net) Analysts have recently hiked target prices as high as S$2.54. The company is sitting on a huge pile of cash&mdash operating cash flow reached HK$2.82 billion in the last fiscal year. Key Point: Investors can expect a robust 7% dividend yield plus potential special dividends. You get paid to wait for the next big leg up. Bottom Line for Forumers: We see LC Capital (Smart Money) aggressively increasing their stake at the $2.19 level. With the AI server move and the Singapore SGX " moat" now in place, the current price represents a technical pullback within a very strong fundamental uptrend. sfw2124      ( Date: 12-May-2026 09:47) Posted: Institutional Backing & Accumulation Substantial Buyer: LC Capital Management Pte. Ltd. has significantly increased its stake, becoming a major non-management shareholder. Recent Activity: They acquired 800,000 shares on May 7, 2026, raising their total interest from 6.97% to 7.18%. Conviction Price: The purchase price was approximately S$2.19 per share, totaling around S$1.75M. Buying near the recent peak suggests a strong belief that the stock is still undervalued. Strategic Intent: This appears to be long-term accumulation of a strategic position rather than short-term trading. Investment Quality Check (LC Capital' s " Winning Formula" ) PCT meets several " Quality-Value" institutional standards: Valuation: Trading at a P/E of ~9.4x, considered very low for a tech leader. Financial Health: Low debt-to-assets ratio and strong free cash flow to support dividends. Growth: Dominant in the GPU market (ZOTAC) and benefiting from the AI and gaming hardware cycle. Management: Proven track record, including the successful HK-to-SG listing move. Key Takeaways for Retailers Support Level: Large institutional buys at S$2.19 can create a " support level" or floor for the stock price. Current Opportunity: With the price recently around S$2.10, retail investors are essentially seeing a " technical pullback" and buying at a discount compared to the latest institutional entry price. Fair Value Narrative: Professional " smart money" is entering at current levels, signaling they likely see fair value significantly higher, potentially above S$2.50 Alignment      ( Date: 09-May-2026 15:39) Posted: https://www.lccsg.com/ LC' s website. They are now the biggest non management shareholder. The website says they look for companies with the following characteristics 1) honest management and good shareholder returns 2) total debt / total assets below 50% 3) P/B ratio below 1.5x or P/E ratio below 20x 4) sustainably growing business 5) strong free cash flow All seems very sensible to me - looks like a winning formula.
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sfw2124 Senior	12-May-2026 09:47        sfw2124 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Institutional Backing & Accumulation Substantial Buyer: LC Capital Management Pte. Ltd. has significantly increased its stake, becoming a major non-management shareholder. Recent Activity: They acquired 800,000 shares on May 7, 2026, raising their total interest from 6.97% to 7.18%. Conviction Price: The purchase price was approximately S$2.19 per share, totaling around S$1.75M. Buying near the recent peak suggests a strong belief that the stock is still undervalued. Strategic Intent: This appears to be long-term accumulation of a strategic position rather than short-term trading. Investment Quality Check (LC Capital' s " Winning Formula" ) PCT meets several " Quality-Value" institutional standards: Valuation: Trading at a P/E of ~9.4x, considered very low for a tech leader. Financial Health: Low debt-to-assets ratio and strong free cash flow to support dividends. Growth: Dominant in the GPU market (ZOTAC) and benefiting from the AI and gaming hardware cycle. Management: Proven track record, including the successful HK-to-SG listing move. Key Takeaways for Retailers Support Level: Large institutional buys at S$2.19 can create a " support level" or floor for the stock price. Current Opportunity: With the price recently around S$2.10, retail investors are essentially seeing a " technical pullback" and buying at a discount compared to the latest institutional entry price. Fair Value Narrative: Professional " smart money" is entering at current levels, signaling they likely see fair value significantly higher, potentially above S$2.50 Alignment      ( Date: 09-May-2026 15:39) Posted: https://www.lccsg.com/ LC' s website. They are now the biggest non management shareholder. The website says they look for companies with the following characteristics 1) honest management and good shareholder returns 2) total debt / total assets below 50% 3) P/B ratio below 1.5x or P/E ratio below 20x 4) sustainably growing business 5) strong free cash flow All seems very sensible to me - looks like a winning formula.
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kye_lin Master	09-May-2026 16:04        kye_lin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Monday up!
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Alignment Elite	09-May-2026 15:39        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	https://www.lccsg.com/ LC' s website. They are now the biggest non management shareholder. The website says they look for companies with the following characteristics 1) honest management and good shareholder returns 2) total debt / total assets below 50% 3) P/B ratio below 1.5x or P/E ratio below 20x 4) sustainably growing business 5) strong free cash flow All seems very sensible to me - looks like a winning formula.
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kye_lin Master	08-May-2026 17:51        kye_lin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Substantial shareholder   LC CAPITAL MANAGEMENT PTE. LTD increased percentage from 6.97% to 7.18%, bought 800000 shares at $2.19.  https://links.sgx.com/1.0.0/corporate-announcements/0B64T3110OVCALA1/888077__260507%20-%20eForm%203%20V2%20LC%20Capital.pdf
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Alignment Elite	06-May-2026 12:25        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Share price reacting positively to the strong Q1 results in related companies in the US.
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Alignment Elite	27-Apr-2026 16:54        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Last week was the US semi names reporting Q1s above expectations.  This week are the US hyperscalers saying how much they overspend on NVIDIA capex. Continues the PC Partner NVIDIA GPU growth story.
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shk363 Elite	27-Apr-2026 12:24        shk363 About Contact  Quote this Post!
x 0   x 0  Alert Admin	uptrend noted now
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