-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
one-time highflux is now lowflux - may go belowflux
- Thread starter eatshitndie
- Start date
Many VIP, VVIPs and retirees also kanna.
according to their last annual report, over 20000-30000 shareholders and preference sharesholders.
Internal memos from banks remarked that they will not increase exposure as long as Olivia is running the company.
Singapore international water weak
HoJinx told her she's up to her neck. Lucky her Pinky still PM.
I am one of the victims, very sad
There are persistent rumour that some creditor banks (likely Maybank and OCBC) disturbed Hyflux's asset sales (there are interested buyers for Tuaspring), it explains why Hyflux applied for court injunction. If Hyflux can sell Tuaspring and some other assets, they are fine. The company collapsed because they got too much interests to pay. However, this company got a lot of good infrastructure assets globally* and they are going to run their second power plants in Singapore with Mitsubishi. All these are worth a lot. The creditor banks buay song that that Olivia committed to pay off their preference shareholders ASAP after asset sales.
*Source: "the firm may actually have a better chance of selling its other assets such as the 30% residual stake in the SingSpring desalination plant, 25% stake in the TusWater project, 85% stake in the Qurayyat IWPP, which have more favourable prospects."
https://sbr.com.sg/energy-offshore/...lux-speeds-asset-sale-amidst-liquidity-crunch
Olivia opted for the most crazy move, XD or XI for perpetual securities has been recorded but they will not pay coupons. This destroys the company completely. No listed company in my memory had forsaken payments after XD. Nobody will lend them money anymore. This hints that there is going to be a Change-Of-Control event soon. Someone reputable will take a controlling stake in Hyflux. In this way, Hyflux will be able to enjoy low rates of financing in future, under a new reputable owner (likely China or Singapore govt-related). Please note that the Japanese and Middle East buyers cited in 2017 are just interested in Hyflux's asset, not ownership**.
**Source: Foreign buyers eye Hyflux water plant
https://www.straitstimes.com/business/foreign-buyers-eye-hyflux-water-plant
(The above assumptions are made, based on Olivia being good-hearted and trying her best to return the principal to Hyflux investors)
*Source: "the firm may actually have a better chance of selling its other assets such as the 30% residual stake in the SingSpring desalination plant, 25% stake in the TusWater project, 85% stake in the Qurayyat IWPP, which have more favourable prospects."
https://sbr.com.sg/energy-offshore/...lux-speeds-asset-sale-amidst-liquidity-crunch
Olivia opted for the most crazy move, XD or XI for perpetual securities has been recorded but they will not pay coupons. This destroys the company completely. No listed company in my memory had forsaken payments after XD. Nobody will lend them money anymore. This hints that there is going to be a Change-Of-Control event soon. Someone reputable will take a controlling stake in Hyflux. In this way, Hyflux will be able to enjoy low rates of financing in future, under a new reputable owner (likely China or Singapore govt-related). Please note that the Japanese and Middle East buyers cited in 2017 are just interested in Hyflux's asset, not ownership**.
**Source: Foreign buyers eye Hyflux water plant
https://www.straitstimes.com/business/foreign-buyers-eye-hyflux-water-plant
(The above assumptions are made, based on Olivia being good-hearted and trying her best to return the principal to Hyflux investors)
lao sai chew.
Below that is the 18 levels of hell...
Net debt is 165 times earnings and that is before any taxes / expenses. Wow.... this business is terminally ill.
I recommend a merciful euthanasia procedure!
It's because the base number is too small to be meaningful.
Eg. you owe $100
You made $5, your Net Debt-Earnings ratio is 20x
You made $1, you Net Debt-Earnings ratio is 100x
Now typically a high debt ratio doesn't mean it's definitely dead. Because if u look at business models such as Netflix, it doesn't matter. I just don't see how Hyflux is able to be so scalable. Their water plants are highly capital intensive. The only way out is for them to have worthy patents that are worth licensing away to.
To bee honest. This company has huge potential and it's dealing in power and blue gold...needs not wants and it's not doing well? What a load of crock...just shows women have no business being out of the kitchen
China loves to buy Hyflux, Hyflux takes care of 20-25% of our water supply and they will have two power plants Tuaspring and Tuas WTE in their local portfolio.
Hyflux pays interests until broke.
She didn’t know how to manage the company.
Better resign!
More likely pay the CEO till broke.
Afterwards she will resign with money in pocket, go overseas enjoy holidays.
Temasek's Stake in Hyflux is in:
SingSpring
Hyflux disposed 70% stake in SingSpring to Temasek Holdings Ltd.
Temasek formed a water asset trust called CitySpring Infrastructure Trust with assets consisting SingSpring and other water assets it holds.
Similar threads
