02-09-2019, 06:49 PM
(02-09-2019, 04:08 PM)sgpunter Wrote: [ -> ](02-09-2019, 09:11 AM)pencilin Wrote: [ -> ]Shipbuilding is definitely not a business for value investing. We do not have much competitive advantage in this area
Frankly, how do you sleep holding Penguin stocks? Come on guys, are you guys really heavily vested in this kind of stock?
Value, like beauty, is subjective in my opinion. Some see value in property stocks that has potential asset revaluations, some see value in penny stocks trading at low/distress valuations, some see value in high yield/dividend stocks, some see value in a stock simply because it has been beaten down so badly or it has exponential growth still despite seemingly absurd PE ratios. At the end of the day, the list goes on and on but I am of the view that value is subject to interpretation and I don't think we can simply write off a particular stock not qualifying as a value investing stock simply because of the industry it is in.
In fact, you mentioned financial blue chips as a comparison and I'm sure there are many others that will beg to differ on whether they qualify as value investing stocks as well...
Notwithstanding that you mentioned deliberately writing this post in a nasty way to warn newbies, I don't actually see a need to as I highly doubt any newbie surfing through this forum will buy simply based on a few posts here.
P.S This is my first post in this Penguin thread and I have never "promoted" this stock but at times, I can only wish that by posting here or in other platforms, I am able to rig the prices of some stocks I am holding
Indeed. Any stock can be a 'value investment,' regardless of the type of business it is engaged in.
Indeed. Newbies don't buy based on a few posts; they buy when they see a lot of positive discussion on it.
The fact is that people buy shares with the hope of selling them at a higher price, at some later point in time. There are many ways for prices to rise. More profits and more dividends are the usual drivers. Where these are lacking, more positive analysts reports, articles, and discussion, can be just as powerful.
Unfortunately, most of the people who follow these reports, articles, and discussions eventually discover that they are better off not trying to follow some smart guy(s), after all.
If you had the ability and resources to create hype around stocks that you own, thereby allowing you to offload at a nice premium, would you do it? Just something to ponder over.