Penguin International

[CityFarmer]

Actually I find that some buddies has overrated on Penguin, though with solid fundamentals, it is still in a cyclical business. My main concerns is about its sustainability, knowing that there isn't much history about the Flexs and the fact that Penguin is building too fast where demands are unknown to us. And what puzzled me is that why James and Jeffrey did not increase their stake if they are probably certain that Penguin can do better in 2015? James is paid more than a million a year, and he has just 2M shares of Penguin?

I am vested and hope some one can convinced me to buy more.

I actually like posts like yours, as well as BlueKelah's (who has been splashing cold water on the optimism of vested Penguin buddies).

I do sense that the bias-ness in this thread can be borderline excessive. Disclaimer: I am very biased towards this counter too.

Hence, sometimes, when I read posts like yours and BlueKelah's, I get brought down a little more to Earth and start to reinforce my beliefs in this counter through more 'homework'. At this point, would also like to credit some buddies here for sharing their 'homework'.

EDIT: To try to answer a little of your ques: Penguin performed very well in FY14 but we didn't see the management increasing much of their stake or cashing out after it reached a high of around 28cents. So, two sides of a coin here...

Good luck to all believers in this bird.

Time to step back, cool down, and review, before moving forward.

I am probably one of those are very biased toward this counter. I am glad we do see the value of "Mr. Doom" and "Devil Advocate" in our VB forum. They might not be right, but they always force you to re-affirm the conviction. At time, you might be awaken from mistakes.

(vested, and will refrain from posting here for a while)