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huathuat88888 Elite	28-Feb-2018 21:25        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Filipino and local women love dancing together, this one is dessert nothing to do with main course investshare      ( Date: 28-Feb-2018 21:16) Posted: How does philipino come into picture? huathuat88888      ( Date: 28-Feb-2018 17:44) Posted: Spending too much time on Dancing with Filipinos full of love
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Reuben Member	28-Feb-2018 21:19        Reuben About Contact  Quote this Post!
x 0   x 0  Alert Admin	May I know where  did u get  this article from? john8758      ( Date: 28-Feb-2018 18:50) Posted: Water treatment firm Hyflux will not redeem its retail perpetual securities until the divestment of Tuaspring is completed, it said yesterday. A $400 million tranche of the perps will reach their first call date on April 25. The coupon yield will step up from 6 per cent to 8 per cent a year until they are redeemed. Hyflux aimed to partially divest up to 70 per cent of Tuaspring water desalination and power plant last year, but has not. Tuaspring is held on its books at a value of $1.3 billion.     Chief executive and chairman Olivia Lum told a results briefing last night: " The last thing we want is a fire sale. We believe that we have a good asset, we have a good track record, still have a brand name. Why are we cornered? We know what we are doing. " We have no shortage of interested parties talking to us. So we have to be very careful not to divest Tuaspring at a low price." Hyflux has also been trying to sell the smaller Tianjin Dagang desalination plant in China since October 2016.     Ms Lum said: " People think we are going to fire sale the asset by lowering the tender price, we will not accept it. There is still upside potential for Tianjin Dagang." AT A GLANCE REVENUE: $353.6 million (-57%) NET  LOSS: $116.4 million (2016: $3.8 million profit) DIVIDEND PER  SHARE: 0 (2016: 0.25 cent) Hyflux reported a net loss of $116.4 million last year, owing to continued weak electricity prices across the Singapore power market. In 2016, it made a restated profit of $3.8 million. Group revenue excluding Tuaspring fell 57 per cent to $353.6 million last year, on lower engineering, procurement and construction work done. Tuaspring made a net loss of $81.9 million last year, from a restated $114.5 million in 2016, as Singapore' s electricity market remains oversupplied. Ms Lum said: " We have put out an industry representation letter recently (signed by all seven generation companies) to the regulator. " If the whole industry is losing more than a billion dollars every year, it makes the whole industry very vulnerable. I feel that it' s just not sustainable." At the end of last year, Hyflux had a cash balance of $314.2 million and it can progressively draw down from about $400 million worth of project finance loans as it achieves milestones in project construction. Hyflux added that it is also due to collect some receivables for work done in the Middle East, North Africa region. " A lot of the Middle East countries, their budgets were based on oil prices above US$70 a barrel," Ms Lum said. " So we have seen many delays by the local governments, they have to drag payment. For example, in Saudi Arabia, we have to take at least six months to get our payment."
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investshare Supreme	28-Feb-2018 21:16        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	How does philipino come into picture? huathuat88888      ( Date: 28-Feb-2018 17:44) Posted: Spending too much time on Dancing with Filipinos full of love
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huathuat88888 Elite	28-Feb-2018 21:14        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If your monthly PUB prices increase, you know who the leader is and who to blame. Utilities prices already so high and expensive. If you cannot handle the pressure of doing power biz, just sell it. Water specialist no experience in doinv power want to do power biz, blame who ? Blame yourself lah. Filipino handsome boyz john8758      ( Date: 28-Feb-2018 18:50) Posted: Water treatment firm Hyflux will not redeem its retail perpetual securities until the divestment of Tuaspring is completed, it said yesterday. A $400 million tranche of the perps will reach their first call date on April 25. The coupon yield will step up from 6 per cent to 8 per cent a year until they are redeemed. Hyflux aimed to partially divest up to 70 per cent of Tuaspring water desalination and power plant last year, but has not. Tuaspring is held on its books at a value of $1.3 billion.     Chief executive and chairman Olivia Lum told a results briefing last night: " The last thing we want is a fire sale. We believe that we have a good asset, we have a good track record, still have a brand name. Why are we cornered? We know what we are doing. " We have no shortage of interested parties talking to us. So we have to be very careful not to divest Tuaspring at a low price." Hyflux has also been trying to sell the smaller Tianjin Dagang desalination plant in China since October 2016.     Ms Lum said: " People think we are going to fire sale the asset by lowering the tender price, we will not accept it. There is still upside potential for Tianjin Dagang." AT A GLANCE REVENUE: $353.6 million (-57%) NET  LOSS: $116.4 million (2016: $3.8 million profit) DIVIDEND PER  SHARE: 0 (2016: 0.25 cent) Hyflux reported a net loss of $116.4 million last year, owing to continued weak electricity prices across the Singapore power market. In 2016, it made a restated profit of $3.8 million. Group revenue excluding Tuaspring fell 57 per cent to $353.6 million last year, on lower engineering, procurement and construction work done. Tuaspring made a net loss of $81.9 million last year, from a restated $114.5 million in 2016, as Singapore' s electricity market remains oversupplied. Ms Lum said: " We have put out an industry representation letter recently (signed by all seven generation companies) to the regulator. " If the whole industry is losing more than a billion dollars every year, it makes the whole industry very vulnerable. I feel that it' s just not sustainable." At the end of last year, Hyflux had a cash balance of $314.2 million and it can progressively draw down from about $400 million worth of project finance loans as it achieves milestones in project construction. Hyflux added that it is also due to collect some receivables for work done in the Middle East, North Africa region. " A lot of the Middle East countries, their budgets were based on oil prices above US$70 a barrel," Ms Lum said. " So we have seen many delays by the local governments, they have to drag payment. For example, in Saudi Arabia, we have to take at least six months to get our payment."
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alexchew Master	28-Feb-2018 20:08        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	worst thing is, it is trading way above NAV currently for a loss making biz... Interesting how the equity holders value this counter... maybe with both eyes close. Sgvale      ( Date: 28-Feb-2018 20:00) Posted: Plenty of buyers willingly to offer bids at firesale prices. Not even one want to offer at fair value. What's more asking for high price. & problem in collecting monies from clients. No visible profit in sight. Hyflux name not very strong as in past
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Sgvale Supreme	28-Feb-2018 20:00        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Plenty of buyers willingly to offer bids at firesale prices. Not even one want to offer at fair value. What's more asking for high price. & problem in collecting monies from clients. No visible profit in sight. Hyflux name not very strong as in past
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alexchew Master	28-Feb-2018 19:43        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	from wat she says, there are plenty of buyers willingly to offer bids at firesale prices... Means, there is a high likelyhood of asset write down or worst, can' t sell.. Just wait for banks to close the credit lines in 6 months, if they continue to make sure a big loss... Negative equity by second half. Sgvale      ( Date: 28-Feb-2018 19:27) Posted: Agreed. But can Hyflux slowly wait for buyers to get high price? Every year will be make good the loss. whitenight      ( Date: 28-Feb-2018 08:37) Posted: Exactly the point - who will pay > 1b for the privilege of losing > 60m a year? Power situation will improve if  (a) many power intensive company move into singapore (demand) (b) many people close their power plant (supply) I think not much hope for that in 2018/2019, so it will continue to lose $$.
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Sgvale Supreme	28-Feb-2018 19:27        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed. But can Hyflux slowly wait for buyers to get high price? Every year will be make good the loss. whitenight      ( Date: 28-Feb-2018 08:37) Posted: Exactly the point - who will pay > 1b for the privilege of losing > 60m a year? Power situation will improve if  (a) many power intensive company move into singapore (demand) (b) many people close their power plant (supply) I think not much hope for that in 2018/2019, so it will continue to lose $$.
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john8758 Member	28-Feb-2018 18:50        john8758 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Water treatment firm Hyflux will not redeem its retail perpetual securities until the divestment of Tuaspring is completed, it said yesterday. A $400 million tranche of the perps will reach their first call date on April 25. The coupon yield will step up from 6 per cent to 8 per cent a year until they are redeemed. Hyflux aimed to partially divest up to 70 per cent of Tuaspring water desalination and power plant last year, but has not. Tuaspring is held on its books at a value of $1.3 billion.     Chief executive and chairman Olivia Lum told a results briefing last night: " The last thing we want is a fire sale. We believe that we have a good asset, we have a good track record, still have a brand name. Why are we cornered? We know what we are doing. " We have no shortage of interested parties talking to us. So we have to be very careful not to divest Tuaspring at a low price." Hyflux has also been trying to sell the smaller Tianjin Dagang desalination plant in China since October 2016.     Ms Lum said: " People think we are going to fire sale the asset by lowering the tender price, we will not accept it. There is still upside potential for Tianjin Dagang." AT A GLANCE REVENUE: $353.6 million (-57%) NET  LOSS: $116.4 million (2016: $3.8 million profit) DIVIDEND PER  SHARE: 0 (2016: 0.25 cent) Hyflux reported a net loss of $116.4 million last year, owing to continued weak electricity prices across the Singapore power market. In 2016, it made a restated profit of $3.8 million. Group revenue excluding Tuaspring fell 57 per cent to $353.6 million last year, on lower engineering, procurement and construction work done. Tuaspring made a net loss of $81.9 million last year, from a restated $114.5 million in 2016, as Singapore' s electricity market remains oversupplied. Ms Lum said: " We have put out an industry representation letter recently (signed by all seven generation companies) to the regulator. " If the whole industry is losing more than a billion dollars every year, it makes the whole industry very vulnerable. I feel that it' s just not sustainable." At the end of last year, Hyflux had a cash balance of $314.2 million and it can progressively draw down from about $400 million worth of project finance loans as it achieves milestones in project construction. Hyflux added that it is also due to collect some receivables for work done in the Middle East, North Africa region. " A lot of the Middle East countries, their budgets were based on oil prices above US$70 a barrel," Ms Lum said. " So we have seen many delays by the local governments, they have to drag payment. For example, in Saudi Arabia, we have to take at least six months to get our payment."
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huathuat88888 Elite	28-Feb-2018 17:44        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Spending too much time on Dancing with Filipinos full of love
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john_ric Supreme	28-Feb-2018 17:39        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	will hyflus take the cue from esrReit ask8ng money from shareholders. right issues??
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surefire Member	28-Feb-2018 15:03        surefire About Contact  Quote this Post!
x 0   x 0  Alert Admin	Personally i dun think hyflux will go belly-up within next 1-2 yrs. Longer term, who knows. For short-term, the prefs are more attractive than the shares given that there is a fair chance of redemption with asset disposals or cash injection from investors. With 8% div and price below 80, the running yield is alr more than 10%. Add the 20% capital gain on redemption and u are looking at 30+% return. In contrast the shares may not get any cash div! john_ric      ( Date: 28-Feb-2018 14:53) Posted: if the mother share delisted the bonds will also be evaporated. ​ whether hyflux can pay div or not is still uncertain. have to wait till april. ​ is it mentioned in the ceo briefing that hyflux will def pay?? surefire      ( Date: 28-Feb-2018 14:26) Posted: Not strange at all. The mkt believes that the Co will still be able to service the dividends and redeem them within the next year or 2. With the uplift to 8%, the price will follow up. Otoh the mkt is not so sure if the company's future in the long term hence its shares are being shunne
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triphopper Senior	28-Feb-2018 14:59        triphopper About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, in press release. john_ric      ( Date: 28-Feb-2018 14:53) Posted: if the mother share delisted the bonds will also be evaporated. ​ whether hyflux can pay div or not is still uncertain. have to wait till april. ​ is it mentioned in the ceo briefing that hyflux will def pay?? surefire      ( Date: 28-Feb-2018 14:26) Posted: Not strange at all. The mkt believes that the Co will still be able to service the dividends and redeem them within the next year or 2. With the uplift to 8%, the price will follow up. Otoh the mkt is not so sure if the company's future in the long term hence its shares are being shunne
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john_ric Supreme	28-Feb-2018 14:53        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	if the mother share delisted the bonds will also be evaporated. ​ whether hyflux can pay div or not is still uncertain. have to wait till april. ​ is it mentioned in the ceo briefing that hyflux will def pay?? surefire      ( Date: 28-Feb-2018 14:26) Posted: Not strange at all. The mkt believes that the Co will still be able to service the dividends and redeem them within the next year or 2. With the uplift to 8%, the price will follow up. Otoh the mkt is not so sure if the company's future in the long term hence its shares are being shunned dollarsense      ( Date: 28-Feb-2018 11:02) Posted: dont understand how the bonds can go up and not this. unless we retailers are missing something.
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surefire Member	28-Feb-2018 14:26        surefire About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not strange at all. The mkt believes that the Co will still be able to service the dividends and redeem them within the next year or 2. With the uplift to 8%, the price will follow up. Otoh the mkt is not so sure if the company's future in the long term hence its shares are being shunned dollarsense      ( Date: 28-Feb-2018 11:02) Posted: dont understand how the bonds can go up and not this. unless we retailers are missing something.
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dollarsense Veteran	28-Feb-2018 11:02        dollarsense About Contact  Quote this Post!
x 0   x 0  Alert Admin	dont understand how the bonds can go up and not this. unless we retailers are missing something.
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john_ric Supreme	28-Feb-2018 10:36        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	errrrr the 2 retail prf bonds up leh. ​ strange.
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investshare Supreme	28-Feb-2018 10:33        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow that?s before write down of Tuas spring. bllue911      ( Date: 28-Feb-2018 10:25) Posted: On the way down. NAV now only left 14.1 cents.   bllue911      ( Date: 26-Feb-2018 14:32) Posted: Likely to go below net book value per share and lower, given that both Tuasspring and Tianjin must sell below cost to attract interested parties to buy, else Hyflux no $ to pay off all the upcoming loans.
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bllue911 Member	28-Feb-2018 10:25        bllue911 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	On the way down. NAV now only left 14.1 cents.   bllue911      ( Date: 26-Feb-2018 14:32) Posted: Likely to go below net book value per share and lower, given that both Tuasspring and Tianjin must sell below cost to attract interested parties to buy, else Hyflux no $ to pay off all the upcoming loans.
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ken777 Veteran	28-Feb-2018 08:41        ken777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Company like this that have dealing with SG national security and livelihood of people will definately be bill out by white knights. But it just a matter of when?
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