Latest Forum Topics / Penguin Intl Last:0.83 -0.03 | Post Reply |
Which Oil-based company is good?
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nono1975
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19-Oct-2007 00:12
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ASJ ASL MARINE CH OFFSHORE COURAGEMA JAYA HOLDING PENGUIN PORTEK RICKMERS SINWA SWISSCO should be. I'm not i got it right in the same sector? |
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terencefok
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18-Oct-2007 22:52
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I think we should not have the idea that penny stocks are bad and high risks. In fact, I have found many penny stocks which are undervalued, unlike the bigger companies which are at a huge premium to book value, making it a risky investment. There are certain things beyond our control in every company, not withstanding the good results they release. We have seen some cases of accounting fraud, and immediately the stock dives to near book value. Conclusion: Never pay too much for a stock, so that in event of unforseen circumstances, you will not be hit hard. Appreciate all comments, good and bad. |
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nono1975
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18-Oct-2007 21:40
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??? below $1 we call it penny stock in the market right(correct me if i'm wrong)? so 0.51-0.545 is under which side? a bit confuse here please advice thank you. |
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arcanedave
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18-Oct-2007 21:39
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Swiber Holdings looks good... So the list is : Aqua Terra Rotary Engineering Swiber Holdings Keppel Corp Labroy Marine Sembcorp Marine Sapphire KS Energy Any more to add to the list? |
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terencefok
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18-Oct-2007 21:21
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Can consider Aqua Terra, a laggard stock in oil and gas. Now under consolodation between 0.51 to 0.545.Catch it before it runs. OCBC targets 0.70 (upgraded from 0.60) while DBS Vickers targets 0.84 |
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hikitty
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18-Oct-2007 21:11
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Hi arcanedave Penguin is not in any oil or oil-related biz. It is. in the areas of ferry and crew boat operations, boat design and building and repair and maintenance services. Better avoid this "orphan or moribund share" (it has been listed more than seven years ago and biz prospects are not promising) or else your investment will be tied down indefinitely without any prospect of upward movement. It has remained a penny stock for so many years.!!!! Other oil and gas companies ae: Keppel Corp, Cosco Corp, Rotary Engineering and Swiber Holdings. Though the valuations may look a little lofty for some of them, it is worth buying them coz' of their earnings visibility few years down the road. No point buying penny or cheap shares coz' they are the worst hit in any downturn and can keep on dipping very quickly. Not vested in Penguin. . |
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chengcheng36
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18-Oct-2007 20:51
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good advice from eblim77....got hit.. happy bird |
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eblim77
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18-Oct-2007 19:27
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Well....the market is bad now...Dun buy anything till the storm is over. Pengiun and sapphire is dirt cheap. |
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arcanedave
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18-Oct-2007 19:06
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I am looking at the various oil-based company or oil-related type of counters What do you think of the following? Labroy Marine Sembcorp Marine Penguin Sapphire KS Energy Are there any other counters that deal with oil? |
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