I never heard of this watch. I wound the bottom thingy and the watch is running. I'm scared to touch anything else cuz I don't get along with watches very well.
From NAWCC..”JP Pingouin was a prolific importer of sport watches into the US from the 1960s through the 1980s. Among other names imported (but not manufactured) by Pingouin are Atlantic, Yema, Rivita and others.”
A nice watch in my opinion. Having an alarm makes it nicer. But the movement would be where the value is. Have a jeweler take off the back so you can take pictures of it.