| Latest Forum Topics / Hyflux Last:0.21 -- |
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Hyflux
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guards80
Supreme |
06-Jul-2018 21:19
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Hyflux hopes to attain binding bids for Tuaspring by mid-Octoberhttp://www.businesstimes.com.sg/companies-markets/hyflux-hopes-to-attain-binding-bids-for-tuaspring-by-mid-october |
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Shifu8888
Supreme |
06-Jul-2018 21:03
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Not sure you believe Ba zi. Olivia Lum probably should stick with water element. Moving in gas business (fire element) contravenes his ba zi. Water and fire DONT mix. | ||||
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Stephenchow
Veteran |
06-Jul-2018 20:38
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1. Seems that they are actually not sure of the exact valuation, if not, appoint a valuer for what?  2. Need to excute a bidding agreement with a succesful bidder by 15 Oct 2018, this mean that they will only have 3 month to find a buyer. Buyer(if any) will even press your price further  knowing that you will desperatley need to meet all the preset milestone dates        |
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gravity8888
Supreme |
06-Jul-2018 20:23
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Like that already more than the 6 month given by the court? | ||||
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Stephenchow
Veteran |
06-Jul-2018 18:41
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Still buying time:-  The Company will continue to seek potential investors with a view to divesting its interest in Tuaspring&rsquo s Integrated Water and Power Project. The Company is to execute a binding agreement with a successful bidder or investor by 15 October 2018, obtain approval for the transaction from Maybank, the Public Utilities Board and/or the Singapore High Court (if necessary) by 11 December 2018 and obtain the approval of the shareholders by 4 February 2019.  In particular, a valuer will be appointed by Maybank to conduct a valuation exercise of Tuaspring&rsquo s Integrated Water and Power Project.  |
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Stephenchow
Veteran |
06-Jul-2018 18:36
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Latest update:-  http://infopub.sgx.com/FileOpen/SGX%20Announcement%20-%206%20July%202018.ashx?App=Announcement& FileID=513503 |
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MikeL2009
Senior |
06-Jul-2018 15:33
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Could be good news? Found a buyer?
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attilio
Member |
06-Jul-2018 15:32
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https://www.channelnewsasia.com/news/singapore/court-hearing-cancelled-as-hyflux-subsidiary-withdraws-10505190 | ||||
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TanWaiKeong
Member |
06-Jul-2018 11:23
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Some people blame the PUB, some blame the hyflux management , some blame EMA. So what happened? Today's court hearing is about Tuaspring at 2.30pm. Many people don't realise this is a very very important court hearing . Join the retail investors group for updates on hyflux if u own perpetual securities , preference shares or hyflux stock. Telegram group invite link: https://t.me/hyflux_retail | ||||
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investshare
Supreme |
06-Jul-2018 06:46
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Auditor and management should be held responsible and answerable to why the asset is not impaired, when their own effort show that no one want to buy at book value => book value is higher than fair market value.
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tonylim2
Veteran |
06-Jul-2018 06:36
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One impairement will expose the true value of this company . Insolvency is almost sure . | ||||
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Xvader
Member |
06-Jul-2018 06:19
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In 5 months time if cannot dispose off Tuas Spring and or get an investor to rescue, Hyflux will face liquidation, time is running out.
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Stephenchow
Veteran |
05-Jul-2018 23:37
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Trying to sell an old used F5 fighter jet at the price of brand new F35 fighter jet, no one will buy unless blind. Guess until 2038, she still cannot find a buyer  ![]() ![]()  
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investshare
Supreme |
05-Jul-2018 19:33
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Actually when they tried but failed to sell at book value, mean fair market value is lower than book value, they should write down the assets. By not doing so, they are inflating the book value.
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ysh2006
Supreme |
05-Jul-2018 19:21
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Old plant old equipments want to sell good price ?
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tonylim2
Veteran |
05-Jul-2018 16:30
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PUB has said they wanted to use new technology , so Hyflux plant is totally outdated by now.
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TanWaiKeong
Member |
05-Jul-2018 16:10
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24 questions in total have been emailed to Hyflux directors and management for them to prepare in advance for the Townhall happening on 19 and 20 July. Join the retail investors group for updates on hyflux if u own perpetual securities , preference shares or hyflux stock. Telegram group invite link: https://t.me/hyflux_retail | ||||
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tonylim2
Veteran |
05-Jul-2018 09:37
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Hyflux is gone for sure ! Who wants old plant with outdated technology ?
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investshare
Supreme |
05-Jul-2018 08:39
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Yes.
And how did it end up in hot water now?
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Xvader
Member |
05-Jul-2018 08:05
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Doesn't Hyflux also do Newater?
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