tag:blogger.com,1999:blog-6930456496730255946.post4954528694594991499..comments2024-03-09T17:48:34.137+08:00Comments on Investmoolah: My Past Investment MistakeChoon Yuanhttp://www.blogger.com/profile/12611026055011755624noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6930456496730255946.post-25702252109855499552015-09-22T08:54:07.119+08:002015-09-22T08:54:07.119+08:00Hi Victor,
yes, still holding on to Penguin. This...Hi Victor,<br /><br />yes, still holding on to Penguin. This is because the price has fallen to rather low levels that a sufficient margin of safety exists in the stock. It will be hard to find companies with that high margin of safety to shift into, the only one i can think of is Silverlake.<br /><br />The net book value is 21 cents vs current price of 12 cents. Just that Penguin is unlikley to produce free cash flow over the net 2 years. <br />Choon Yuanhttps://www.blogger.com/profile/12611026055011755624noreply@blogger.comtag:blogger.com,1999:blog-6930456496730255946.post-2527941859003694962015-09-22T02:42:39.808+08:002015-09-22T02:42:39.808+08:00I think to know the future is tough, no one can kn...I think to know the future is tough, no one can know that oil will be this low when we were in August last year. So for cyclical stock, we can hardly tell when it peak and bottom. As for me, I feel safer buying several blue chip.<br /><br />And who know those who buy now are buying at the bottom. We don't know for sure with so many noises saying oil will be this and that by so call expert we read about them in marketwatch and cnbc.<br /><br />So are you still holding to your Penguin? I have a friend who bought higher at 26c. Wish you all the best.<br /><br />victorUnknownhttps://www.blogger.com/profile/03697748904859515763noreply@blogger.comtag:blogger.com,1999:blog-6930456496730255946.post-67362226568728639182015-09-22T02:38:44.164+08:002015-09-22T02:38:44.164+08:00This comment has been removed by the author.Unknownhttps://www.blogger.com/profile/03697748904859515763noreply@blogger.com