| Latest Forum Topics / Penguin Intl Last:1.5 -- |
|
|
Penguin Intl
|
|||||
|
lifeisgood
Supreme |
05-Apr-2019 10:35
|
||||
|
x 0
x 0 Alert Admin |
Do you think Penguin will do a major writedown after almost 50% loss in its investment in MarcoPolo Marine?
|
||||
| Useful To Me Not Useful To Me | |||||
|
lifeisgood
Supreme |
01-Apr-2019 08:53
|
||||
|
x 0
x 0 Alert Admin |
https://www.bairdmaritime.com/work-boat-world/small-craft-world/5015-penguin-delivers-firefighting-boat-to-singapore-civil-defence-force   PENGUIN DELIVERS FIREFIGHTING BOAT TO SINGAPORE CIVIL DEFENCE FORCE
Penguin International wholly owned subsidiary Penguin Shipyard has delivered a new high-speed aluminium firefighting boat to the Singapore Civil Defence Force (SCDF). The BMT-designed multi-role vessel is fit for deployment in areas with chemical, biological, or radioactive contamination as well as for conducting rescue missions and rapid response aid operations. The SCDF firefighting boat has a length of 35 metres, a rescued passenger lounge for up to 30 people, three firefighting pumps with a discharge flow rate of 3,600 cubic metres per hour, and the ability to launch and recover a rigid hull inflatable boat (RHIB). Three MTU 16V4000 engines deliver a maximum speed in excess of 30 knots. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Jamesbond007
Veteran |
30-Mar-2019 03:23
|
||||
|
x 0
x 0 Alert Admin |
Need to make a hefty writedown on its $10m investment in Marco Polo Marine?
|
||||
| Useful To Me Not Useful To Me | |||||
|
lifeisgood
Supreme |
14-Mar-2019 13:31
|
||||
|
x 0
x 0 Alert Admin |
Penguin has a net cash of SGD 42 million, zero debt. Net cash forms 50% of its market cap. And its business is booming. Last quarter it sold off a boat from its charter fleet netted SGD 20 million revenue (and SGD 5.5 million profit).  Where to find? Only in SGX.    |
||||
| Useful To Me Not Useful To Me | |||||
|
nqing87
Supreme |
25-Feb-2019 23:52
|
||||
|
x 0
x 0 Alert Admin |
thanks for the info.. much appreciated.. didnt notice this counter until its recent FY report and saw the huge discount off NAV & the huge cash stockpile.. marine sector has been hammered badly and i had not scrutinise this sector for quite some time since sentiment is not there for BB to push
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
superstartup
Supreme |
25-Feb-2019 23:46
Yells: "Enjoy doing Fundamental Research" |
||||
|
x 0
x 0 Alert Admin |
Year 2019 will be a busy year for Penguin International. Q1 FY19 looks great with vessels delivery: 1.  " Penguin disclosed after Monday trading that the contract is for a heavy marine fire vessel, a heavy marine rescue vessel and a marine rescue vessel. It involves the design, construction and system maintenance of the three vessels. Construction of the vessels is anticipated to commence in mid-2017, with delivery expected in 2019." https://www.businesstimes.com.sg/companies-markets/penguin-and-st-marine-win-award-for-three-rescue-vessels 2. Penguin Orders 16 enginei Units (Sep 17, 2018) - " Work is underway on the two shipbuilding projects, with the first four enginei installations completed and at least a further 12 units scheduled for supply and installation over the coming months." https://www.marinelink.com/news/penguin-orders-enginei-units-441604 Info.
|
||||
| Useful To Me Not Useful To Me | |||||
|
nqing87
Supreme |
24-Feb-2019 00:02
|
||||
|
x 0
x 0 Alert Admin |
keppel corp is one of the major shareholder here though.. and for those who serve the army, im sure u guys can remember we always take the penguin ferry to tekong during our bmtc lol
|
||||
| Useful To Me Not Useful To Me | |||||
|
Starship
Supreme |
23-Feb-2019 21:35
|
||||
|
x 0
x 0 Alert Admin |
Just the name itself already doesn' t sound promising............... ![]()   |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
nqing87
Supreme |
23-Feb-2019 18:35
|
||||
|
x 0
x 0 Alert Admin |
any opinion of this counter? it' s in the marine sector which is heavily shunned by investors.. but they have 18 cents of cash on hand, no debt, NAV near 70 cents and the current quarter results is strong (3 cents eps for this Q4).. dunno if they can sustain this strong quarter results for subsequent quarters..  | ||||
| Useful To Me Not Useful To Me | |||||
|
lifeisgood
Supreme |
02-Feb-2018 09:12
|
||||
|
x 0
x 0 Alert Admin |
Marching steadily towards 50 cents.  | ||||
| Useful To Me Not Useful To Me | |||||
|
lifeisgood
Supreme |
07-Nov-2017 22:03
|
||||
|
x 0
x 0 Alert Admin |
Excellent management, and able to quickly replenish the cash is the company. From the latest earnings release today: The net cash of $13.5 million from operating activities was mostly generated by shipbuilding activity. The net cash of $10.8 million from investing activities arose mostly from disposal of vessels from the Group' s operating fleet. The net cash of $7.0 million used in financing activities was due mainly to the repayment of term loans. As a result of the above cash movements, the Group' s cash and cash equivalents increased to $35.0 million as at 30 September 2017, from $18.4 million as at 31 December 2016.  This company is a heck of a survivor in the crude oil meltdown over the last 4 years. Just imagine what would become of them should oil price stage a sustained rally for the next few years. I think this one is a long term KEEPER! |
||||
| Useful To Me Not Useful To Me | |||||
|
lifeisgood
Supreme |
07-Nov-2017 09:26
|
||||
|
x 0
x 0 Alert Admin |
The big white candle has come !!! Power !!! | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
lifeisgood
Supreme |
06-Nov-2017 10:11
|
||||
|
x 0
x 0 Alert Admin |
Penguin is flying. Heading to 50 cents! | ||||
| Useful To Me Not Useful To Me | |||||
|
TigTig
Master |
16-Oct-2017 23:18
|
||||
|
x 0
x 0 Alert Admin |
Boss, PE super high.    At 57.     
|
||||
| Useful To Me Not Useful To Me | |||||
|
Fatboyslim
Member |
16-Oct-2017 23:05
|
||||
|
x 0
x 0 Alert Admin |
haha, the ferry service is just one segment of its business
|
||||
| Useful To Me Not Useful To Me | |||||
|
Wind22i
Supreme |
16-Oct-2017 21:47
|
||||
|
x 0
x 0 Alert Admin |
Lesser ah pek go to batam ? | ||||
| Useful To Me Not Useful To Me | |||||
|
Fatboyslim
Member |
16-Oct-2017 21:37
|
||||
|
x 0
x 0 Alert Admin |
This counter used to be a  market fav, how come no thread about this counter at all?  | ||||
| Useful To Me Not Useful To Me | |||||



