Penguin International

[touzi]

It is likely that only solid companies - with proven products/services, diversified revenue streams, conservative balance sheets, and more importantly, a competent/driven/prudent management - will survive, and some may even come out the storm stronger, by taking advantage of any good opportunities that may emerge. Can we count Penguin as one of them?

The companies that came to my mind are actually Keppel Corp and Boustead. Penguin do not have diversified sources of income. However Penguin's strong balance sheet and well recognized product are huge advantages.