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Hi Bluekelah and Bibi,
Now its at 0.134. Any of you expressing interest?
Given this price, I am tempted to add more. But will decide first before moving. Personally feel the price does not justify the value of the business as penguin is a market leader with strong reputation. Of course, my main worry is a lack of demand for crew boat orders.
I dont know how much is the margin of error allowable at 0.134, but to me it seems there is a lot, given the cash, inventory, PPE and sustaining ferry services to tekong
<just bought at 0.133 @ 11.36>
Now its at 0.134. Any of you expressing interest?
Given this price, I am tempted to add more. But will decide first before moving. Personally feel the price does not justify the value of the business as penguin is a market leader with strong reputation. Of course, my main worry is a lack of demand for crew boat orders.
I dont know how much is the margin of error allowable at 0.134, but to me it seems there is a lot, given the cash, inventory, PPE and sustaining ferry services to tekong
<just bought at 0.133 @ 11.36>