Penguin International

Penguin International is a good stock to own. Their business includes designing, building, owning and operate crew boats and fast supply invention vessels. One of their strength is that they have zero debt and yet holding on to good cash flow which grants them the edge to invest or expand at a better position.

They delivered a strong 3rd quarter results showing profits 337.8% more than last year's. Their cash flow stood strongly at S$28.242 million, a decrease of 4.2% as of last year's.

The management reports that their core businesses continue to be key drivers for earnings for the rest of the year and expects to sell more crew-boats, secure more new-build orders ad increase offshore charter revenue.