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Punkist Senior	22-Oct-2018 21:05        Punkist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes and no, the conditions precedent states that all unsecured debt has to be fully discharged before the deal can be done by Salim Group. I.e. hyflux gets $400mill plus additional loans and working capital ONLY AFTER the unsecured debt is discharged Existing shareholders, bond holders, perps etc will all share the remaining 40% I.e. massive dilution Maybank is unlikely to redeem the debt, it has no need to, it is in a better position to just continue collecting its principal and interest as per loan schedule Observers      ( Date: 21-Oct-2018 19:57) Posted: Correct me if I am wrong, Salim & co. expects the $400mil injection to clean up all debts in exchange for a 60% of the debt free Hyflux, providing additional $130mil working cap? Means the 40% of restructured hyflux  is expected to be shared amongst existing ordinary and preference shareholders and (convertible?) debt holders after distributing the $400mil pie amongst the debt holders/bankers and the deal is off if any of the component debt holders do not agree to their terms? Does it mean existing shareholders and debt holders have up to 29th Oct, set by Maybank, to agree with the restructuring of Hyflux(too rush imo), or, more likely, is the 29th Oct deadline to receive an in-principle approval by PUB to qualify Indonesian Salim' s bid for 60% of Hyflux? Seems like a very long road ahead and the ball is still in Maybanks court. enjoylife77      ( Date: 20-Oct-2018 23:49) Posted: Hyflux' s ordinary shareholders misery will be super severe compared to Noble' s because it has issued, with higher ranking, perpetual & preference shares ($900m), note holders ($265m) and the main creditor Maybank and others ($1.84 B). WIll the $530 m injection lead to a successful debt revamp in months to come?
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Joyeee Senior	22-Oct-2018 19:09        Joyeee About Contact  Quote this Post!
x 0   x 0  Alert Admin	60% is 1,177,500,000 shares valued $400,000,000 40% existing 785,000,000 shares valued $102,835,000 at NAV $0.131 Combined NAV is $0.26 if SMs offer is admitted.
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ShowMeMoneyp Member	22-Oct-2018 17:45        ShowMeMoneyp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please note $130M is for " working capital" (need to be repaid) and only $400M for 60%. This will work out to about 34c per share. I consider this a disguised take-over with 60% ownership.  Since PUB doesn' t allow foreign bidding of TuasSpring, I doubt they will allow a foreign company to take over Hyflux. NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share. NextEvolution      ( Date: 19-Oct-2018 07:48) Posted: So many misinformation here. Let's disect the details below: SM are both considered as strategic investors, in for the long haul in Hy and the 3 parties have definite synergy effects. Someone compared this with Ezion white knights but over there, they are mostly opportunists or sleeping investors, including our state fund Tenasek's Pavilion Capital Fund. S is already a major power supplier in Singapore. M is supplying LNG to Singapore and M can in future directly supply LNG to TS. TS is still not making money at the beginning of the year but the equation have changed since as tariffs for water and electricity have gone up 20% to 30% this year. SM together with Hy habe say to keep the assets intact, so the cash will be used to pay off Perps and bonds, in this priority. If TS is generating positive cash flow now, MS * Hy can pay off Maybank till the loan expire more than a decade down the road. As for calculation, an injection of $530m will translate to 40.5 cent based on SM total investment. 60/100 x $530m x 785m current shares = 40.5 cent. It will be another couple of months before suspension lifted as approval from authorities and voting from vested holders take time. By then, loads of currently trapped short-sellers will fight off with trapped retailers and new speculators to move the price. I'm expecting price to open in the range of 28 cent to 32 cents. Please DYODD. Good luck to all
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Joyeee Senior	22-Oct-2018 17:36        Joyeee About Contact  Quote this Post!
x 0   x 0  Alert Admin	A WhiteWash Resolution will nullify the takeover. This also applies to Noble. New owner owns 70%.   bernardc      ( Date: 22-Oct-2018 16:32) Posted: in normal circumstances..placing out such large qty..transferring control will be a take over.. but somehow no take over offer???? Observers      ( Date: 22-Oct-2018 15:46) Posted: I believe Salim & co. are paying $530mil for 60% of a, as yet hypothetical, restructured Hyflux, not the Hyflux before suspension, debt-ridden balance sheet and all
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mikey888 Senior	22-Oct-2018 16:37        mikey888 About Contact  Quote this Post!
x 1   x 0  Alert Admin	https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx not so good news for existing minority shareholders of a company barely escaped from bankruptcy (see above in US context)...source: motley fool US
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bernardc Elite	22-Oct-2018 16:32        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	in normal circumstances..placing out such large qty..transferring control will be a take over.. but somehow no take over offer???? Observers      ( Date: 22-Oct-2018 15:46) Posted: I believe Salim & co. are paying $530mil for 60% of a, as yet hypothetical, restructured Hyflux, not the Hyflux before suspension, debt-ridden balance sheet and all. NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share
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Observers Elite	22-Oct-2018 15:46        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe Salim & co. are paying $530mil for 60% of a, as yet hypothetical, restructured Hyflux, not the Hyflux before suspension, debt-ridden balance sheet and all. NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share. NextEvolution      ( Date: 19-Oct-2018 07:48) Posted: So many misinformation here. Let's disect the details below: SM are both considered as strategic investors, in for the long haul in Hy and the 3 parties have definite synergy effects. Someone compared this with Ezion white knights but over there, they are mostly opportunists or sleeping investors, including our state fund Tenasek's Pavilion Capital Fund. S is already a major power supplier in Singapore. M is supplying LNG to Singapore and M can in future directly supply LNG to TS. TS is still not making money at the beginning of the year but the equation have changed since as tariffs for water and electricity have gone up 20% to 30% this year. SM together with Hy habe say to keep the assets intact, so the cash will be used to pay off Perps and bonds, in this priority. If TS is generating positive cash flow now, MS * Hy can pay off Maybank till the loan expire more than a decade down the road. As for calculation, an injection of $530m will translate to 40.5 cent based on SM total investment. 60/100 x $530m x 785m current shares = 40.5 cent. It will be another couple of months before suspension lifted as approval from authorities and voting from vested holders take time. By then, loads of currently trapped short-sellers will fight off with trapped retailers and new speculators to move the price. I'm expecting price to open in the range of 28 cent to 32 cents. Please DYODD. Good luck to all
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bernardc Elite	22-Oct-2018 12:14        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	so hyflux bankrupt..so sell shito explanations..tai yee long dont kill their custmers...they will give you life line to earn more.. in the mean time just be nimble..until everything settles.. Joyeee      ( Date: 22-Oct-2018 11:49) Posted: You are making all the wrong assumptions. For a start, using Hyfluxs last done price as a base is Wrong, very Wrong. Just look what happened to Ezion when suspension was lifted. You should be aware that when Hyfluxs suspension is lifted, many cant wait to Sell. For now, Hyflux is insolvent. If the banks demand payment, it will declare chapter 11, bankrupt! Don&rsquo t dream about $0.45. You are lucky to get back some money.   NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share
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Joyeee Senior	22-Oct-2018 11:49        Joyeee About Contact  Quote this Post!
x 0   x 1  Alert Admin	You are making all the wrong assumptions. For a start, using Hyfluxs last done price as a base is Wrong, very Wrong. Just look what happened to Ezion when suspension was lifted. You should be aware that when Hyfluxs suspension is lifted, many cant wait to Sell. For now, Hyflux is insolvent. If the banks demand payment, it will declare chapter 11, bankrupt! Don&rsquo t dream about $0.45. You are lucky to get back some money.   NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share. NextEvolution      ( Date: 19-Oct-2018 07:48) Posted: So many misinformation here. Let's disect the details below: SM are both considered as strategic investors, in for the long haul in Hy and the 3 parties have definite synergy effects. Someone compared this with Ezion white knights but over there, they are mostly opportunists or sleeping investors, including our state fund Tenasek's Pavilion Capital Fund. S is already a major power supplier in Singapore. M is supplying LNG to Singapore and M can in future directly supply LNG to TS. TS is still not making money at the beginning of the year but the equation have changed since as tariffs for water and electricity have gone up 20% to 30% this year. SM together with Hy habe say to keep the assets intact, so the cash will be used to pay off Perps and bonds, in this priority. If TS is generating positive cash flow now, MS * Hy can pay off Maybank till the loan expire more than a decade down the road. As for calculation, an injection of $530m will translate to 40.5 cent based on SM total investment. 60/100 x $530m x 785m current shares = 40.5 cent. It will be another couple of months before suspension lifted as approval from authorities and voting from vested holders take time. By then, loads of currently trapped short-sellers will fight off with trapped retailers and new speculators to move the price. I'm expecting price to open in the range of 28 cent to 32 cents. Please DYODD. Good luck to all
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marketuncle Veteran	22-Oct-2018 09:03        marketuncle About Contact  Quote this Post!
x 0   x 0  Alert Admin	There' s a big caveat for the equity injection, i.e. hyflux must comes to terms with the other creditors, notably the banks before the money comes in. Meanwhile, over the next several months Hyflux will busy engaging them. But at least, they are negotiating from a much stronger position than a week ago :) NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share. NextEvolution      ( Date: 19-Oct-2018 07:48) Posted: So many misinformation here. Let's disect the details below: SM are both considered as strategic investors, in for the long haul in Hy and the 3 parties have definite synergy effects. Someone compared this with Ezion white knights but over there, they are mostly opportunists or sleeping investors, including our state fund Tenasek's Pavilion Capital Fund. S is already a major power supplier in Singapore. M is supplying LNG to Singapore and M can in future directly supply LNG to TS. TS is still not making money at the beginning of the year but the equation have changed since as tariffs for water and electricity have gone up 20% to 30% this year. SM together with Hy habe say to keep the assets intact, so the cash will be used to pay off Perps and bonds, in this priority. If TS is generating positive cash flow now, MS * Hy can pay off Maybank till the loan expire more than a decade down the road. As for calculation, an injection of $530m will translate to 40.5 cent based on SM total investment. 60/100 x $530m x 785m current shares = 40.5 cent. It will be another couple of months before suspension lifted as approval from authorities and voting from vested holders take time. By then, loads of currently trapped short-sellers will fight off with trapped retailers and new speculators to move the price. I'm expecting price to open in the range of 28 cent to 32 cents. Please DYODD. Good luck to all
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spore1 Supreme	22-Oct-2018 08:54        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup! Be positive that we can keep the company in going concern. This is very important! They will announce the plan to shareholders . I think If they can turn around the current situation, things may get better and the company may be able to be in profitable condition again! NextEvolution      ( Date: 22-Oct-2018 08:41) Posted: I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share. NextEvolution      ( Date: 19-Oct-2018 07:48) Posted: So many misinformation here. Let's disect the details below: SM are both considered as strategic investors, in for the long haul in Hy and the 3 parties have definite synergy effects. Someone compared this with Ezion white knights but over there, they are mostly opportunists or sleeping investors, including our state fund Tenasek's Pavilion Capital Fund. S is already a major power supplier in Singapore. M is supplying LNG to Singapore and M can in future directly supply LNG to TS. TS is still not making money at the beginning of the year but the equation have changed since as tariffs for water and electricity have gone up 20% to 30% this year. SM together with Hy habe say to keep the assets intact, so the cash will be used to pay off Perps and bonds, in this priority. If TS is generating positive cash flow now, MS * Hy can pay off Maybank till the loan expire more than a decade down the road. As for calculation, an injection of $530m will translate to 40.5 cent based on SM total investment. 60/100 x $530m x 785m current shares = 40.5 cent. It will be another couple of months before suspension lifted as approval from authorities and voting from vested holders take time. By then, loads of currently trapped short-sellers will fight off with trapped retailers and new speculators to move the price. I'm expecting price to open in the range of 28 cent to 32 cents. Please DYODD. Good luck to all
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NextEvolution Elite	22-Oct-2018 08:41        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just did a recalculation the price paid for by SM is 45 cent per share based on $530m investment for 60% stake, or 114% premium over last done price before suspension. There are a few posters who regularly curse or condemn Hy and one even mentioned Hy is worth 1 cent. Please spend some time to understand who is S and M before making senseless comments. Unless you say you are much richer than either S or M, then I've nothing to say. And I believe if you are richer than either, you won't be here posting. To the someone who posted dozens and dozens of negative postings, and then say he only own 10k shares, will it be better if Hy fold if no one rescue it or having a super whiteknigt paying 114% premium price over last traded price? Does it worth all the 5 months of time to post over such quantity of shares? I have around 1 million shares in Hy yet I never say anything negative anytime about Hy,. The goo thing is my average cost is ultra low, at below 22 cent a share. NextEvolution      ( Date: 19-Oct-2018 07:48) Posted: So many misinformation here. Let's disect the details below: SM are both considered as strategic investors, in for the long haul in Hy and the 3 parties have definite synergy effects. Someone compared this with Ezion white knights but over there, they are mostly opportunists or sleeping investors, including our state fund Tenasek's Pavilion Capital Fund. S is already a major power supplier in Singapore. M is supplying LNG to Singapore and M can in future directly supply LNG to TS. TS is still not making money at the beginning of the year but the equation have changed since as tariffs for water and electricity have gone up 20% to 30% this year. SM together with Hy habe say to keep the assets intact, so the cash will be used to pay off Perps and bonds, in this priority. If TS is generating positive cash flow now, MS * Hy can pay off Maybank till the loan expire more than a decade down the road. As for calculation, an injection of $530m will translate to 40.5 cent based on SM total investment. 60/100 x $530m x 785m current shares = 40.5 cent. It will be another couple of months before suspension lifted as approval from authorities and voting from vested holders take time. By then, loads of currently trapped short-sellers will fight off with trapped retailers and new speculators to move the price. I'm expecting price to open in the range of 28 cent to 32 cents. Please DYODD. Good luck to all
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ysh2006 Supreme	21-Oct-2018 21:23        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much Hyflux owes Maybank ? $400M enough ? Observers      ( Date: 21-Oct-2018 19:57) Posted: Correct me if I am wrong, Salim & co. expects the $400mil injection to clean up all debts in exchange for a 60% of the debt free Hyflux, providing additional $130mil working cap? Means the 40% of restructured hyflux  is expected to be shared amongst existing ordinary and preference shareholders and (convertible?) debt holders after distributing the $400mil pie amongst the debt holders/bankers and the deal is off if any of the component debt holders do not agree to their terms? Does it mean existing shareholders and debt holders have up to 29th Oct, set by Maybank, to agree with the restructuring of Hyflux(too rush imo), or, more likely, is the 29th Oct deadline to receive an in-principle approval by PUB to qualify Indonesian Salim' s bid for 60% of Hyflux? Seems like a very long road ahead and the ball is still in Maybanks court. enjoylife77      ( Date: 20-Oct-2018 23:49) Posted: Hyflux' s ordinary shareholders misery will be super severe compared to Noble' s because it has issued, with higher ranking, perpetual & preference shares ($900m), note holders ($265m) and the main creditor Maybank and others ($1.84 B). WIll the $530 m injection lead to a successful debt revamp in months to come?
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Observers Elite	21-Oct-2018 20:21        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Given that Tuaspring sale, only Singaporean companies were pre-qualified, I think the retention of all the top executives and directors is an attempt to give the impression to PUB/regulators that it will be business as usual at Hyflux even after the 60% transfer of control to Indonesian Salim and co. Whether it actually makes sense or not, I think the offerers are of the opinion that if PUB does not give the go ahead, all else is moot.   angmohlin      ( Date: 21-Oct-2018 15:28) Posted: Yes, no logic to keep those bad performance of directors and CEO which have had bring the company to the dilemma stages. I opine that the management retention shares is a back door arrangement to compensate the directors & CEO for the dilution effects in relation to the issuing new shares. We should vigorously to reject such unfair term during the EGM. To put in efforts to attend EGM to reject all the unfair proposals. Stephenchow      ( Date: 21-Oct-2018 13:18) Posted: Current management brings the company to ths state. Now need to issue new shares to retain them, why kind of logic is this ? Can anyone enlighten me? My curent 10k share now likely become 4K, can they issue another 6K to retain me?
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Observers Elite	21-Oct-2018 19:57        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Correct me if I am wrong, Salim & co. expects the $400mil injection to clean up all debts in exchange for a 60% of the debt free Hyflux, providing additional $130mil working cap? Means the 40% of restructured hyflux  is expected to be shared amongst existing ordinary and preference shareholders and (convertible?) debt holders after distributing the $400mil pie amongst the debt holders/bankers and the deal is off if any of the component debt holders do not agree to their terms? Does it mean existing shareholders and debt holders have up to 29th Oct, set by Maybank, to agree with the restructuring of Hyflux(too rush imo), or, more likely, is the 29th Oct deadline to receive an in-principle approval by PUB to qualify Indonesian Salim' s bid for 60% of Hyflux? Seems like a very long road ahead and the ball is still in Maybanks court. enjoylife77      ( Date: 20-Oct-2018 23:49) Posted: Hyflux' s ordinary shareholders misery will be super severe compared to Noble' s because it has issued, with higher ranking, perpetual & preference shares ($900m), note holders ($265m) and the main creditor Maybank and others ($1.84 B). WIll the $530 m injection lead to a successful debt revamp in months to come?
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angmohlin Veteran	21-Oct-2018 15:28        angmohlin About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Yes, no logic to keep those bad performance of directors and CEO which have had bring the company to the dilemma stages. I opine that the management retention shares is a back door arrangement to compensate the directors & CEO for the dilution effects in relation to the issuing new shares. We should vigorously to reject such unfair term during the EGM. To put in efforts to attend EGM to reject all the unfair proposals. Stephenchow      ( Date: 21-Oct-2018 13:18) Posted: Current management brings the company to ths state. Now need to issue new shares to retain them, why kind of logic is this ? Can anyone enlighten me? My curent 10k share now likely become 4K, can they issue another 6K to retain me?
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Stephenchow Veteran	21-Oct-2018 13:18        Stephenchow About Contact  Quote this Post!
x 1   x 0  Alert Admin	Current management brings the company to ths state. Now need to issue new shares to retain them, why kind of logic is this ? Can anyone enlighten me? My curent 10k share now likely become 4K, can they issue another 6K to retain me?
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Joyeee Senior	21-Oct-2018 13:09        Joyeee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, blue chips have good fundamentals but Not risk free, Lehman is an example. Best time to buy blue chips is when there is a disaster. When the disaster is over, they will be the first to recover, but the dust may take a long time to settle, or never. During Asia financial crisis, City D was $2.00, yes $2.00.     ysh2006      ( Date: 21-Oct-2018 10:34) Posted: But not with blue chips.....DBS Capland CDL Venture or Jardin gp all went down alot but able to recover and gave investors a profit .... Joyeee      ( Date: 21-Oct-2018 09:06) Posted: Thanks for corrrcting my memory. It must be painful for those who bought at the high, and  those who bought at the low and saw it spiraled up to $5+, and now in suspension. Lesson learned： Don&rsquo t be greedy. Set a target price, and when reached, Sell. Likewise, set a stop loss price, and when reached, Run. Form my experience, it is easy to buy, but Very Difficult to sell. When it is up, you want more, when it is down, you wait for recovery, or buy more to average.  A property that I bought some 20 years ago for $650k is now worth $1.65M on the market. The stocks the I bought during the same period, with some gains, some losses, some suspended, some delisted, and when I add them all up, it is still a loss. Lesson learned: Buy a property (not when it is hot and overpriced) for long term gain. Your house will not be suspended or delisted. But never say never to any stock (Lehman is an example).
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ysh2006 Supreme	21-Oct-2018 10:40        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	if cut loss one can loss quite a lot of hard earned $$.... ysh2006      ( Date: 21-Oct-2018 10:34) Posted: But not with blue chips.....DBS Capland CDL Venture or Jardin gp all went down alot but able to recover and gave investors a profit .... Joyeee      ( Date: 21-Oct-2018 09:06) Posted: Thanks for corrrcting my memory. It must be painful for those who bought at the high, and  those who bought at the low and saw it spiraled up to $5+, and now in suspension. Lesson learned： Don&rsquo t be greedy. Set a target price, and when reached, Sell. Likewise, set a stop loss price, and when reached, Run. Form my experience, it is easy to buy, but Very Difficult to sell. When it is up, you want more, when it is down, you wait for recovery, or buy more to average.  A property that I bought some 20 years ago for $650k is now worth $1.65M on the market. The stocks the I bought during the same period, with some gains, some losses, some suspended, some delisted, and when I add them all up, it is still a loss. Lesson learned: Buy a property (not when it is hot and overpriced) for long term gain. Your house will not be suspended or delisted. But never say never to any stock (Lehman is an example).
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ysh2006 Supreme	21-Oct-2018 10:34        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But not with blue chips.....DBS Capland CDL Venture or Jardin gp all went down alot but able to recover and gave investors a profit .... Joyeee      ( Date: 21-Oct-2018 09:06) Posted: Thanks for corrrcting my memory. It must be painful for those who bought at the high, and  those who bought at the low and saw it spiraled up to $5+, and now in suspension. Lesson learned： Don&rsquo t be greedy. Set a target price, and when reached, Sell. Likewise, set a stop loss price, and when reached, Run. Form my experience, it is easy to buy, but Very Difficult to sell. When it is up, you want more, when it is down, you wait for recovery, or buy more to average.  A property that I bought some 20 years ago for $650k is now worth $1.65M on the market. The stocks the I bought during the same period, with some gains, some losses, some suspended, some delisted, and when I add them all up, it is still a loss. Lesson learned: Buy a property (not when it is hot and overpriced) for long term gain. Your house will not be suspended or delisted. But never say never to any stock (Lehman is an example).   Qanghoo      ( Date: 20-Oct-2018 17:28) Posted: If I recall, the all-time high was ard 5SGD.
Useful To Me  Not Useful To Me

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