$PC Partner(PCT.SG)
Grid Spacing
Plan A (Wide Grid) 2-4 weeks ~8% (0.23 SGD) Core Position: If it breaks below 2.42 unprotected ->2.67->2.42
Plan B (Tight Grid) 1-2 weeks ~4.5% (0.13 SGD) Satellite/Short-term Position: Grid becomes invalid after breaking below 2.67 -> 2.81->2.74->2.67
Stop-loss: If it breaks below 2.00 SGD (May breakout level, -30% from current), pause the grid and reassess.
Breakout Level: If volume confirms a breakout above 3.25 and holds, shift the grid up—the new center at 3.25, extending upside to 3.50.
Position Cap: PCT should not exceed 10% of the total portfolio (79% annualized volatility, classified as a high-risk asset).
Earnings Window: Next earnings announcement expected around Feb 2027 (FY2026). Narrow the grid or pause one week prior to the announcement.
GPU Supply Catalyst: If NVIDIA releases new products or memory price inflection points are confirmed, fundamental assumptions need to be adjusted and the grid reset.
Core View: PCT is currently in a short-term overbought pullback but maintains a sound medium-term trend. Fundamentals show decent profit quality, though supply bottlenecks loom in H2. Plan A suits core position management for "pioneer" style investors, while Plan B is better for small-position short-term volatility capture. Regardless of the approach, strict stop-losses and position caps are mandatory—for a stock with 79% annualized volatility, a 20-30% drawdown is entirely normal.
