Penguin International

[sykn]

Hi, if I may give my 2-cents worth of opinion, based on my less than 2 years of full-time investing experience, if we pick what we consider to be a gem (like Penguin to me), tendency is that it has not much of an extensive track record to speak of, so admittedly by Ben Graham's reckoning the risks are high. But if we pick the "right horse" at its infancy (and that's a very big "if"), market correction up to its deserved price eventually, is likely to be higher than one that has a long track record. When I bought into ISOTeam at 32.5 cents (looked so boring then!), I couldn't for the life of me tell you at that time that one day, I'd be sitting on a 2-bagger for this one. I actually thought Ying Li (with the Singaporean CEO) had better chances, until I learned the meaning of S-chips, and so I'm still humbly learning! (vested)