Penguin International

[funman168]

Yes, I agree. One can be confident abt a counter, but nt too confident. Nd to follow one's portfolio mgmt rules

Hence I am still holding on to Penguin as I feel that PE 5 is undervalue.

I thought if one feel its undervalue, one should buy more. Not hold on to it. If you dont feel like buying more, then that means the margin of safety is not enough for you to feel comfortable.

It may be that one does not want to keep too high of a % in 1 counter.

I'm vested and I feel this counter has more upside. But to minimize my risk, I'm not willing to increase my shares.