Homepage
PR Newswire
29-04-2015, 02:05 PM
Just to share my own opinion. The LT prospect of Penguin is still very bright, but the road ahead is going to be bumpy. As the key men had said, Penguin is not immune to the down cycle, though we can bet that they will try their best to limit the downside to the minimum. Given Penguin strong financials, and the prudent and experienced management, I am confident that the company can withstand this storm and emerge stronger. But for those who expect Penguin performance to go only one way, which is UP, I hope you can lower your expectation a bit, at least for the short term.
It is quite an achievement that Penguin is now the world largest producer of aluminium crew boats, and the number second is a far distance away. With more new design coming out this year, plus they are actively looking into non O&G sector, I feel secure about its future. Once the O&G recover, and we are talking about when, not if, I am sure Penguin will continue its match to higher ground.
As for those who questioned why James and Jeffery is not buying more shares, to me, as long as they don’t sell, I am not concern at all.
It is quite an achievement that Penguin is now the world largest producer of aluminium crew boats, and the number second is a far distance away. With more new design coming out this year, plus they are actively looking into non O&G sector, I feel secure about its future. Once the O&G recover, and we are talking about when, not if, I am sure Penguin will continue its match to higher ground.
As for those who questioned why James and Jeffery is not buying more shares, to me, as long as they don’t sell, I am not concern at all.