| Latest Forum Topics / Hyflux Last:0.21 -- |
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Hyflux
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chengwh1
Elite |
19-Jun-2018 10:55
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Court protection will give time to the debtor to execute the plans, if no court protection, then for sure, the secured creditors will gobble up everything quickly fro their own benefits ONLY. I think what we are more concerned with is which way, liquidation or recovery will provide us a better chance to salvage the most out of our investments here,... at the quickest way possible.
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gravity8888
Supreme |
18-Jun-2018 21:49
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Game over for hyflux and her queen lum | ||||
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tonylim2
Veteran |
18-Jun-2018 20:44
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THE MOUNTAIN OF DEBTS IS THE KILLING FACTOR ! EVEN SAM GOI ALSO HEADLESS . | ||||
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investshare
Supreme |
18-Jun-2018 20:36
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The court will then appoint JM to ensure orderly liquidation.
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investshare
Supreme |
18-Jun-2018 20:35
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If that?s the case, then no need to apply court protection.
Anyway you can see for yourself what being shown in court. Or you can check history how other company do it.
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tonylim2
Veteran |
18-Jun-2018 20:25
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We are really at their mercy !
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ysh2006
Supreme |
18-Jun-2018 20:24
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DMX mislet us into believing to sell assets to pay for auditor investigation and sue old auditor in the end we get back nothing when company liquilated.So don't believe them take back the money first...Sgx or banks won't protect us type.
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kangaroo11
Veteran |
18-Jun-2018 18:47
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Rule judgement in favour of the creditors, creditors foreclosed and sell the secured assets?
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tonylim2
Veteran |
18-Jun-2018 17:01
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If the secured creditors are aggressive and Hyflux can' t meet their requests , wht can the court do ? Court service the debts on behave of Hyflux ? | ||||
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chengwh1
Elite |
18-Jun-2018 16:57
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If they can raise enough to ' payback' the creditor after performing the actions, there is no reason for the creditor not to accept the action plans. Secondly, what I will be focussing on to hear would be the timeline of when  a action plan will be executed. If there is ging to be a white knoght, who the target company is and when will the fund injection takes place. All these details MUST be provided,...
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TanWaiKeong
Member |
18-Jun-2018 16:27
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Join the retail investors group for updates on hyflux if u own perpetual securities , preference shares or hyflux stock https://t.me/hyflux_retail | ||||
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investshare
Supreme |
18-Jun-2018 09:49
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The plan always incl some sort of debt to equity conversion, sale of asset, sale of new share(white knight). The challenge is whether the creditor would agee by end of protection.
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TeoMark
Veteran |
18-Jun-2018 08:26
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Is harakiri still a thing now? 😂 😂 😂
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Stephenchow
Veteran |
18-Jun-2018 08:21
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Every day in the news. Saving Private Ryan in local context?  ![]() ![]() https://www.businesstimes.com.sg/companies-markets/saving-hyflux-stakeholders-patience-is-vital-now Who will have patience if you lose your pants?  ![]()
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simpleguy123
Elite |
17-Jun-2018 22:11
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Agreed, why should taxpayers pay for others mistakes
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Goldfinger
Supreme |
17-Jun-2018 21:38
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Yah - they get their cut from acquisition and divestment fees. But there are jewels and we should look for these. I would rather avoid the PRC linked ones. Reminds me of the double whammy of S-Chips plus S-listed REITs.
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Xvader
Member |
17-Jun-2018 20:07
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Prepare to hear her snake oil pitch in ELO water and how it can achieve $1b turnover per year.
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chengwh1
Elite |
17-Jun-2018 18:10
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" Retail investors are paying the price of Management arrogance and greed to over-expand " - this sentence reminds me of S-REITs which are more keen to increase their AUM then to accord unitholders yield-accretive acquisitions,..
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chengwh1
Elite |
17-Jun-2018 18:06
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No, bro,... it' s not only that the court will grant protection,... but what we will be focussing-on will be to hear the plans of Hyflux on how they intend to recover from this issue - this is the important thing. If the plans are logical and possible, then we will have confidence that this ' disaster' can be recovered. The court will want to hear all these too before they grant that creditor protection.
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tonylim2
Veteran |
17-Jun-2018 17:34
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Like the cantonese saying , as cold as the water !
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