Penguin International

[chialc88]

To Moderator: delete this line if you think this post can stay here. otherwise, help to move into my journey thread, please.



Is Penguin in a good place?
This question need to be answered by comparing previous business situation encountered by Jeffrey vs what he perceived moving forward from today.
A reflection which is apt in my opinion.

One changes we saw is the addition of Paul Tan Poh Lee in 2017.
As Paul is also a director for 72 other companies, Penguin's appointment could be just another one.
Nothing fancy.
But, what if it's not?
Then, the changes made in 2017 could be a reason for JH to see Penguin in a good place now vs 2014 (when Penguin was also in a good place too).
We just need to be patient and enjoy the investment journey
... with 2019 as a good starting point.
A good place is basically a good starting point in JH view.
A good place does not means a destination but marked the beginning of implementation phase of JH's vision.

For hardcore, diehard valuebuddies, read page 8 of this year Annual report just published this week:
(Link to FY18 Penguin Annual Report)

Last but not least, enjoy the cute Penguin: