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27-02-2015, 08:02 AM
Dear CY09,
I understand that you currently have more than 50% of your holdings in Penguin. May I know whether your strategy is to temporarily park your money in Penguin while busy researching companies in other industries to diversify into them at the appropriate time?
Mr. Market may think that new competitors previously not active in crew boat industry may now enter this sector as its margins are still good to diversify away from just building AHTS vessels.
I understand that you currently have more than 50% of your holdings in Penguin. May I know whether your strategy is to temporarily park your money in Penguin while busy researching companies in other industries to diversify into them at the appropriate time?
Mr. Market may think that new competitors previously not active in crew boat industry may now enter this sector as its margins are still good to diversify away from just building AHTS vessels.