Penguin International

[chialc88]

 


Now seems to an opportunity to buy into PIL?

Jun FY16
I posted the above flying Penguin video in vb.com
Purpose is to gauge the emotion of our valuebuddies.
The feedback promptly put Penguin into my watch list.

Among all posts, I take note of money's comments on boom-burst cyclical nature of a stock.
I am also agrees with ianphoon's comments on preferring company with more certainty and of course 100% agrees that 
to win, one need not select the winners but just avoid the losers.
> My question to ianphoon is whether Penguin is a loser or winner?

Q3 FY16
dydx observed something strange - Penguin is hiring.
yoyo speculate that it's Police Coast Guard project
iceage checked GeBiz and coolken163 recalled that this is similar to how TTJ benefited from Government projects
> I am thinking: Really? Something interesting. Wow, there are really some serious valuebuddies taking good care of Penguin

Mar FY17
1. CY09 mentioned that nobody seems to be watching Penguin's full year result.
2. Everyone (including K) concluded a valuable lesson learn by observing Penguin going from under-value to became over-value as the business environment change.
> I told myself Penguin is getting hotter despite its loss making result


MayFY17
CY09 reported good Q1 result.
dydx confirmed that selling of older boat with a realised $1,500k gain.
K mentioned that Penguin managed to reduce inventory at above cost aka unlikely suffer the same fate as other OSV owners and operators.
> Stock price is moving and I am hyping up my energy erh $$$.

JulFY17
dydx reported bad news on Triyards and many valuebuddies weighted in too.
> I'm in celebrating mood. This is the moment I'd been waiting for.

AugFY17-now
Streaming in of good news, every now and then.
except the loan to Sean Lee aka buying a board seat on a steel boat company,
still not sure whether it make business sense?
> I tell myself don't care so much. 
> Vested and will continue to buy more as the picture getting clearer and clearer



Updated on 17 Sep 2018

Penguin, the world's largest builder of mid-sized crew boats, is building several of its flagship Flex Fighter range of high-speed armoured security vessels for anti-piracy operations off the coast of Nigeria. 
link

Wish all valuebuddies a fulfilling and fruitful investment journey.
Thank you for reading.