Penguin International

I have seen how convincing (and destructive) hindsight bias is, so anytime i would choose to learn and experience it through real time, as events unfold. It is something that i learnt from another speculative-yet-investing-forumer

Wow it was an incredible ride with penguin.
I managed to exit close to the high, ignoring all the FA cheers going around.
TA is extremely important for retail investor from my experience.

@weijian 
  - learning realtime is great fun... 
  - especially for newbie... 
  - STI is too dull without willing participants...
  - unfortunately, most newbie brought at high price and when the market drop, they go into hidding...
  - learn the wrong lesson (aka not going to buy shares and loss $$$ anymore)

@f
  - selling close to a high is really admirable
  - noticed recently that a few value buddies express their *unhappiness* of selling too fast
  - they sold and make a decent profit 
  - and then saw the price take off to a new high
  - you must be a lucky Penguin 

Love Compassion

Luck is pretty important.
But most important is to just stick to whatever had been working for u.
My experience is TA is important for selection of stocks.
Buying /selling timing is better using Ta for retail investor

I guess one needs to see the position of Penguin in the 'food chain'. Penguin needs the oil and gas and shipping sectors to stabilise and recover before orders start to come in. Right now it seems that these sectors are still yet to stabilise and recover and so the there is little 'food' to pass to Penguin

Who else do you figure will use their crew boats?

As written here, the O&G sector is in a doldrums and Penguin crew boat business has been affected along with it.

Fortunately, Penguin still had some order book to work on such as the recent completion of Sindo Ferry Delivery and its ferry contract service to & fro Palau Tekong. So one avenue, Penguin can tap on is selling more ferries to other local ferry companies. Another question is how much damage can Penguin withstand in this downturn. We are already painfully aware many leveraged companies have been brought to their knees when the tide receded. To me, we are not really at the end of the downturn yet, probably 3-5 years more; however, I am confident Penguin will be able to survive it.

<vested>

I will reconsider entering penguin when its share price hits close to 10cents.
Better to rotate capital to else where rather than waste opportunity cost.

Ehhh. Penguin up 27% today is there any news? I don't see anything new from sgx announcement. Flying high with volume seems like something is brewing?

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(11-04-2017, 07:40 PM)Life is a game Wrote: Ehhh. Penguin up 27% today is there any news? I don't see anything new from sgx announcement. Flying high with volume seems like something is brewing?

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I have said before. Seems being played up to let BB to sell. Unless we see strong FA to justify strongly the spike, I won't touch miles away. I could be wrong.
I am happy to be wrong.