(link to why I am a promoter for Penguin)
before I proceed, let me says that all my top holdings were net cash, stable and/or increasing dividend, extremely overvalue (PE & PB)
except Penguin.
Penguin is the only one that I think is not overvalue.
I know that my thinking might not be the same as you because we had different financial circumstance, investment experiences and ability to shoulder the daily up-and-down disturbance from Mr Market.
I mean, if you read thru entire Penguin thread, you'll noticed that this is really a solid company (granted thou in a cyclical industry).
The question is why do we read Penguin differently from others?
or what do we see in Penguin that make it different from other company in the same industry? (O&G by-the-way).
That, my friend, might be something that make Penguin stand out.
@k, you had already made a conclusion that Penguin will be around for the next 10 years.
That's good.
Regarding the question on how will Penguin stock price behave in the next 10 years,
that's a difficult questions as I too, am searching for the crystal ball.
However, I think I got my answer and I am happily vested about one year ago.
10 years is a long time to wait and tell.
I'm not holding my breath.
BTW, CSG-CIMB Cezzane See wrote a better report than Paul Chew - I compared.
before I proceed, let me says that all my top holdings were net cash, stable and/or increasing dividend, extremely overvalue (PE & PB)
except Penguin.
Penguin is the only one that I think is not overvalue.
I know that my thinking might not be the same as you because we had different financial circumstance, investment experiences and ability to shoulder the daily up-and-down disturbance from Mr Market.
I mean, if you read thru entire Penguin thread, you'll noticed that this is really a solid company (granted thou in a cyclical industry).
The question is why do we read Penguin differently from others?
or what do we see in Penguin that make it different from other company in the same industry? (O&G by-the-way).
That, my friend, might be something that make Penguin stand out.
@k, you had already made a conclusion that Penguin will be around for the next 10 years.
That's good.
Regarding the question on how will Penguin stock price behave in the next 10 years,
that's a difficult questions as I too, am searching for the crystal ball.
However, I think I got my answer and I am happily vested about one year ago.
10 years is a long time to wait and tell.
I'm not holding my breath.
BTW, CSG-CIMB Cezzane See wrote a better report than Paul Chew - I compared.
感恩 26 April 2019 Straco AGM ppt https://valuebuddies.com/thread-2915-pos...#pid152450