Penguin International

[dydx]

Penguin has updated its website on its new own product "Flex-50" fit-for-purpose Fast Supply Intervention Vessel (FSIV) after the recent launch of the first boat.....
http://www.penguin.com.sg/vessel-specs/flex-50/

I have also noted that it appears more and more difficult to buy Penguin shares at the current prices. Of course, other people may look at it from the opposite side - that it is getting more difficult to sell Penguin shares at current or higher prices.

[mslee888]

Its not difficult to buy or sell this stock. Cos of low liquidity, just have to be patient in your queue. Have done it a few times.

Penguin has updated its website on its new own product "Flex-50" fit-for-purpose Fast Supply Intervention Vessel (FSIV) after the recent launch of the first boat.....
http://www.penguin.com.sg/vessel-specs/flex-50/

I have also noted that it appears more and more difficult to buy Penguin shares at the current prices. Of course, other people may look at it from the opposite side - that it is getting more difficult to sell Penguin shares at current or higher prices.

[dydx]

Today (18Dec13), Penguin registered an unusually high single-day volume transacted of 8,966 lots, and the counter advanced $0.005, or 4.3%, to close at $0.121. Something positive brewing or coming?

[kelvesy]

One clear look at Penguin

- reasonable profit margins
- strong growth in EPS
- good industry - O&G industry doing very well now - may act as catalyst for future ship orders
- good management with key expertise
- discount to NAV

Patience is key.

[dydx]

Mama Mia! It looks like Penguin - last done at $0.127, with a high 9729 lots transacted! - is going to close at another new record high today (20 Dec13) !!

[Trader88]

Mama Mia! It looks like Penguin - last done at $0.127, with a high 9729 lots transacted! - is going to close at another new record high today (20 Dec13) !!

errr.., record high 55.5 cts..

[dydx]

Mama Mia! It looks like Penguin - last done at $0.127, with a high 9729 lots transacted! - is going to close at another new record high today (20 Dec13) !!

Just to record the whole picture for the day.

Total volume transacted for today (20Dec13) was a high of 16,251 lots, and Penguin closed up $0.09 - or 7.5% - at $0.129, after hitting a high of $0.132. Of the total volume transacted, approx. 5,900 lots - or approx. 36% - were done in the last 30 minutes (i.e. after 16:30) before the close of the market. Quite impressive work by Mr Market, I thought.

[Belg]

Just to add in from my study on the annual reports.

Share holdings - Not surprising... Both semb corp offshore and keppel offshore owns 6% each and also.. Temasek Holdings owns another 6%.

This makes this particular stock very interesting as it has a GLC feel around it especially when we have both the rig makers supplying orders to them to build their crew boats.

I see more good things happening and it is in my watch list.

[Dosser]

Seems to be the same pattern most days recently - limited interest in the morning, then accelerating buying in the afternoon, with associated rise in share price. Many thanks to dydx for flagging up the 2Q results back in August.

[kayaroti]

Looks like it will be a very merry Christmas for all Penguin holders !