Penguin International

[yawnyawn]

Nam cheong is trading at pe 9.5 dvd yield at 1.4% nav at 2 according to share investor......If u compare with nam cheong fair value should be about 30 cent lol

Hello fellow penguin passengers I am vested also since around August 2013. What I feel is lacking before penguin fly to outer space is another dvd to be declared in 2nd quarter I secretly hoping.....let watch for 1st quarter results first.

Huat ar!

If Mr Market do revalue the company to a PE of 10, the price will only be 25c, far from 30c. To me this is a "growth" stock so as long as we see good growth in top and bottom line of the company, I am fine if the company decides not to increase the dividend if they can put the money into better use for their business.