Penguin International

(16-03-2015, 05:20 PM)CityFarmer Wrote:

(16-03-2015, 04:45 PM)mslee888 Wrote: Penguin today touched 19.5ct. Anybody here has started to nibble at this stock again? The low crude oil prices seem to have hit the company's prospect in the new FY.

I have accumulated more today, at $0.20

There was heavy selling at 4.06pm and 4.12pm at 20c. Can share the info of the counter party?

(16-03-2015, 05:27 PM)Tiggerbee Wrote:

(16-03-2015, 05:20 PM)CityFarmer Wrote:

(16-03-2015, 04:45 PM)mslee888 Wrote: Penguin today touched 19.5ct. Anybody here has started to nibble at this stock again? The low crude oil prices seem to have hit the company's prospect in the new FY.

I have accumulated more today, at $0.20

There was heavy selling at 4.06pm and 4.12pm at 20c. Can share the info of the counter party?

Instinet Singapore Services Private Limited

Is the info useful?

Filled my orders at 20 cents. Queued at 19.5 cents for more but didn't got it. Let's wait for more sellers to come in but fundamentally I don't see any weakness in penguin but going forward the oil prices might not be as bearish as it seems. Oil prices will find its strongest support at $40/bbl as oil producers will want to be profitable, if the oil stock will go to get lesser in the coming months, the oil prices may come to better stabilization at around 55-65 /bbl

Vested


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(16-03-2015, 05:35 PM)CityFarmer Wrote:

(16-03-2015, 05:27 PM)Tiggerbee Wrote:

(16-03-2015, 05:20 PM)CityFarmer Wrote:

(16-03-2015, 04:45 PM)mslee888 Wrote: Penguin today touched 19.5ct. Anybody here has started to nibble at this stock again? The low crude oil prices seem to have hit the company's prospect in the new FY.

I have accumulated more today, at $0.20

There was heavy selling at 4.06pm and 4.12pm at 20c. Can share the info of the counter party?

Instinet Singapore Services Private Limited

Is the info useful?

Instinet is a subsidiary of Nomura. It could be Daiwa asset management selling off their stake in Penguin. Their holdings was 300 lots back in Nov 2014.

http://investors.morningstar.com/ownersh...ture=en-US

sorry to sidetrack a bit, how do you see the counterparty name actually? I trade via SCB and I won't see who is the otherside right?

(16-03-2015, 11:28 PM)valuebuddies Wrote: sorry to sidetrack a bit, how do you see the counterparty name actually? I trade via SCB and I won't see who is the otherside right?

There must be something very wrong with this counter.... It has dropped from more than 10% since its results announcement....

(16-03-2015, 11:53 PM)xlandjy Wrote:

(16-03-2015, 11:28 PM)valuebuddies Wrote: sorry to sidetrack a bit, how do you see the counterparty name actually? I trade via SCB and I won't see who is the otherside right?

There must be something very wrong with this counter.... It has dropped from more than 10% since its results announcement....

I'm not surprised actually, as Oil has dropped in recent weeks. My hunch is, even if they had released a very stellar Q4 results, prices will still be trending down.

It is a brilliant opportunity for people who believe Penguin's businesses will not be largely affected by oil price movement.

Correct me if I am wrong. I was monitoring this counter for study sake and my take was that there was a bb in this counter. He was kinda buying 22 and selling 225. Not bad for a trade. That's why the counter has been range bound. The drop recently could be that the bb is out of this counter.

The 4q result is not as bad as reported but it might signal a trend. For those who took last year eps as a gauge might need to revise the eps. My two cents worth is to wait for 1q result before making any more investment.
By then you can see the earnings trend. I waited for 3 quarters before i am confident that Samudera has turned around. For safety sake it is worth the wait.


not vested.

(17-03-2015, 07:23 AM)Behappyalways Wrote: Correct me if I am wrong. I was monitoring this counter for study sake and my take was that there was a bb in this counter. He was kinda buying 22 and selling 225. Not bad for a trade. That's why the counter has been range bound. The drop recently could be that the bb is out of this counter.

The 4q result is not as bad as reported but it might signal a trend. For those who took last year eps as a gauge might need to revise the eps. My two cents worth is to wait for 1q result before making any more investment.
By then you can see the earnings trend. I waited for 3 quarters before i am confident that Samudera has turned around. For safety sake it is worth the wait.

not vested.

What aa bb i think all bullshit. Why dont u say this bb bought at 22 and waiting to sell at 225 but end up the share price drop to 21 so he cut loss and dump to below 20?

If fundamental dont tell u anything then look at the charts. It has cut below both 50 and 200?? moving averages.

The market is full of traders and punters. They will buy, cut loss, take profit or shot counters just by looking at charts.

(17-03-2015, 07:41 AM)Bibi Wrote:

(17-03-2015, 07:23 AM)Behappyalways Wrote: Correct me if I am wrong. I was monitoring this counter for study sake and my take was that there was a bb in this counter. He was kinda buying 22 and selling 225. Not bad for a trade. That's why the counter has been range bound. The drop recently could be that the bb is out of this counter.

The 4q result is not as bad as reported but it might signal a trend. For those who took last year eps as a gauge might need to revise the eps. My two cents worth is to wait for 1q result before making any more investment.
By then you can see the earnings trend. I waited for 3 quarters before i am confident that Samudera has turned around. For safety sake it is worth the wait.

not vested.

What aa bb i think all bullshit. Why dont u say this bb bought at 22 and waiting to sell at 225 but end up the share price drop to 21 so he cut loss and dump to below 20?

If fundamental dont tell u anything then look at the charts. It has cut below both 50 and 200?? moving averages.

The market is full of traders and punters. They will buy, cut loss, take profit or shot counters just by looking at charts.