Penguin International

[LittleBoyInvestor]

It used to be.. Penguin has divested that business. Was on 2012 ar if I remember correctly.

Thanks to all for the great analysis. Am vested and quite happy to hold beyond 24 cents as long as management steers the boat well.

(Side to littleboyinvestment: I just chanced upon your blog yesterday. Great reads and good analyses. Will keep reading.)


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Thank you very much!
I am humbled to receive your compliments. I still got a lot to learn from VB forumners here!

Wow. Penguin reach a high of 21 cents today. Congrats to those who are holding to it. I didn't notice about this counter until recently.

http://littleboyinvestment.blogspot.sg

[kayaroti]

Thanks all for your kind advice. Think I will follow my TA reading
Resistance:$0.205
Next target: $0.265
If $0.2/0.205 holds, I will carry on holding it.
Sorry for gng against the belief of this forum, as a mixture of TA & FA readings had serve me very well over the years.

With a current market cap of only $132.0m (660.518m shares x $0.20), there must be parties out there thinking about whether to buy up the whole of Penguin's business to capitalise on its near-term rapid growth and longer term steady earnings growth from its growing charter fleet, backed by continued strong and sustainable offshore O&G activities in its markets of Southeast Asia, South Asia, Middle East, and Africa.

Still holding on to this gem. $132M looks superbly cheap for a well run company. Somemore it is link to SembM or SembC ? Potentially may get contract or referral from Semb.

[dydx]

Penguin's share price and volume performances today (2May14) - up another $0.004, or 2.06%, to close at a new 5-year high of $0.198, after hitting an intra-day high of $0.21, and backed by a very high transacted volume of 23.253m shares - are indicative of more and more new investors (possibly including some institutions) are willing to pay higher prices in order to collect volume, and of market operators trading the counter.

[dydx]

I have observed there is active collection at the $0.20 level this morning. This is indeed a very good sign!

[Ben]

Probably buying in anticipation of good Q1 result. Once it hit $0.20, every tick is $0.005, it will become very interesting.

Some of you may be tempted to sell at this level, especially if you are sitting on huge profit and its form a large portion of your portfolio. I understand how it feels, but I am sitting tight. Mr Market don't know and don't care about Penguin size in my portfolio. It will continue to revalue Penguin according to its financial performance and its outlook, which is increasingly looking better. So why should I sell just because it has formed a large % of my portfolio due to its price surge?

[desmondxyz]

Probably buying in anticipation of good Q1 result. Once it hit $0.20, every tick is $0.005, it will become very interesting.

Some of you may be tempted to sell at this level, especially if you are sitting on huge profit and its form a large portion of your portfolio. I understand how it feels, but I am sitting tight. Mr Market don't know and don't care about Penguin size in my portfolio. It will continue to revalue Penguin according to its financial performance and its outlook, which is increasingly looking better. So why should I sell just because it has formed a large % of my portfolio due to its price surge?

It looks more like pump and dump to me, run for ur life.....

[Belg]

Probably buying in anticipation of good Q1 result. Once it hit $0.20, every tick is $0.005, it will become very interesting.

Some of you may be tempted to sell at this level, especially if you are sitting on huge profit and its form a large portion of your portfolio. I understand how it feels, but I am sitting tight. Mr Market don't know and don't care about Penguin size in my portfolio. It will continue to revalue Penguin according to its financial performance and its outlook, which is increasingly looking better. So why should I sell just because it has formed a large % of my portfolio due to its price surge?

It looks more like pump and dump to me, run for ur life.....

Baring the good fundamentals of this stock which is also on my watch list. It could be buying into it for the dividends. Let's watch it after it XD.

[susan66]

I expect more upside once break 0.21.

[Bibi]

It looks more like pump and dump to me, run for ur life.....

I don't think this a pump and dump. The price is not overly expensive based on the company fundamentals. If it went above 40cts based on current fundamentals then I agree could be pump and dump.

[funman168]

Still looking strong technically...
To find the right time to sell is also a difficult skill to master