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Hyflux
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mosaic
Member |
26-May-2018 16:27
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I guess for many people seeing the CEO in person make them very "song". Lol
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guards80
Supreme |
26-May-2018 15:58
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Hyflux says will meet with investors at &lsquo right time' : SIAShttp://www.channelnewsasia.com/news/business/hyflux-says-will-meet-with-investors-at-right-time-sias-10279050?cid=fbcna |
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sbscap
Master |
26-May-2018 15:11
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Different creditors, each working based on their rightful interest, would demand 100% of their rightful claims, particularly when many of these creditors are represented by their respectve officers - professionals - bankers, lawyers, financial analysts, etc. There is no room for charity. No creditor care or should care how other creditors are fairing. That' s what bankruptcy protection works. That was how Swiber went bankrupt after paying one set of bonds in full, probably exhausting most of their remainder cash and created a scramble for whatever is valuable. Hyflux is going to be a very problematic entity going forward. I also don' t see anyone keen to become a strategic investor. Why would anyone be keen? If there is any, the investor(s) would have been identified way before this blowup or suspension. Some mentioned Temasek because Ho Chin is a friend of the CEO. But in this post-GE14 era, any GLC deal would need to pass quite stringent, transparent and prudent investment criteria. We don' t see any strategic investors in Noble, Ezion, Swiber, etc. Some significant shareholder perhaps but no strategic investor. I' m not vested but since enjoy every bit of this tragedy. |
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Stephenchow
Veteran |
26-May-2018 13:36
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For any secured commercial asset loan, creditor will usually ask for full payment if you' ve any financial diffculty. Best case for them if you' ve paid in full. If you couldn' t pay, usally they will repossess your asset, set a base price, auction off the asset to the highest bidder and ask you top up the shortfall. Diffcult for them to accept restructuring plan that need large haircut and share the small amount of restructuring money with all the secured and unsecured creditors. Frankly speaking, If you have first priority, why should you queue with the rest of creditors? . |
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cobrajr
Veteran |
26-May-2018 12:57
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Will we get back some of our hard earn money or all will be gone? 
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gravity8888
Supreme |
26-May-2018 12:50
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Maybank is the biggest creditor and is part of Malaysia investment company.. Hahah a piece of Singapore company .. National security? | ||||
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Wind22i
Supreme |
26-May-2018 12:29
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Hyflux bonds (the 6% CPS) was one of the highly traded security on the market .. alot of people may have been hit by the sudden near collapse..
Whatever it is .. cant believe what the ceo or mgmt says ...as now many small investors are in limbo as a result of their poor management of the company debts |
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BillionX
Senior |
26-May-2018 08:46
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Hyflux2.0 ideally should move up the value chain and specialized in design,procurement and maintenance.Enhance it?s membrane technology and develop new frontiers through R&D.If it strategically makes sense team up with partners to build-own-transfer by taking a minority share.Dispose the share when the price is right.I think this business model will allow the company to participate in a bigger share of the water treatment business.Waste treatment and power businesses should be developed under a different management team and will not take priority over the primary water business.Many business fails because management has taken its eye off the ball and neglect its primary business and allow cost overruns. | ||||
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iDontKnow
Member |
25-May-2018 23:47
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" The founder Olivia Lum is also the executive chairman and CEO. By all accounts, she is an outstanding entrepreneur who has built a good business with real fundamentals. And I did not see bad traits like extracting excessive remuneration for herself while giving little to shareholders. Her skills could probably be better utilised for what she is really good at &ndash in the engineering and technical aspects of the business &ndash and she should probably have left the &ldquo CEO&rdquo role of managing the growing company to someone else with better skills fit." http://governanceforstakeholders.com/2018/05/25/hyflux-is-worth-trying-to-save/ I agree with this, even though it' s a hindsight. |
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tonylim70
Veteran |
25-May-2018 23:34
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is not impossible. Ezion did that.. 19.x cents jump to 25 cents first day when resumed. Then all the way sell sell sell to 10 cents. So get ready to sell the first day after it resumes trading.. All the best.
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gravity8888
Supreme |
25-May-2018 23:20
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Hahah maybe hit 25 cts then sell | ||||
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tonylim70
Veteran |
25-May-2018 21:26
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Loo at Ezion, share price was 19.x cents before suspension. After resuming trading, 1st day share price hits 25 cents. After that all the way down to 10 cents, now 12 cents. Hyflux if successfully reorganised may face the same thing. So lesson learned. SELL IN THE FIRST DAY WHEN TRADING RESUMED!!
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investshare
Supreme |
25-May-2018 21:22
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I think Hyflux will not go zero..
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tonylim70
Veteran |
25-May-2018 21:19
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Learning from Ezion and Marco Polo resuming trading lesson, if Hyflux resume trading, sell on the FIRST DAY!!!
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investshare
Supreme |
25-May-2018 21:17
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Delisting? | ||||
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destinykraze
Elite |
25-May-2018 21:16
Yells: "Reality is only a matter of perception" |
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even going through debt restructuring, be prepared to see 70% drop in share prices. another company in hyflux bites the dust. | ||||
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BillionX
Senior |
25-May-2018 20:05
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When the reorganization is completed a leaner and meaner Hyflux will emerge.All stakeholders will suffer losses.It will be the better option than bankruptcy.Perhaps as a bonus a white knight will emerge.So keep our fingers crossed. | ||||
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gravity8888
Supreme |
25-May-2018 19:28
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Hahah starting to engaged all the stakehoker actively | ||||
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Stephenchow
Veteran |
25-May-2018 19:17
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latest update:- http://infopub.sgx.com/FileOpen/HL%20-%20Announcement%2025%20May%202018%20final.ashx?App=Announcement& FileID=507552 |
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yehyeh
Senior |
25-May-2018 19:00
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So if Hyflux can survive then they will sell their assets to pay CPS holders? or if they bankrupt, or take over by another company. do they have money to pay the bond holders or CPS? |
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