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Old 11-07-2019, 03:00 PM   #3586
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people like me already told you I am not from finance sector.
We are man on the streets. if I am so good I would be working in the bank
or working In mas.

but we couldn't even enter such sector.

why are you picking a fight with person with almost zero knowledge or a person who only attend 3 days course on finance stuff.

how can people like us beat the analysts , bankers, dealer in the bank, financial analysts? they are the one who roll out all this product to us. selling to retailer.

and by just having like a 3 days course you expect us to be like super expert to read hyflux p&l ? know everything like people from mas ? banks analysts ?

these people spent years studyying and working on financial related stuff vs man on the street ?

come on.

and the bank can arm themselves not only with lots of analysts, lawyers, policies writer and craft kiasu polices they can get back everything from the bonds , retailer get to lose everything.

what are these analysts in the bank for ? aren't they suppose to look with eyes wide open and not need polices to guard them ?
this is totally retail bullying.


if you are professional doctors who spend years on medical studies vs a person who spend only 3 days to read on medical stuff.

can person with 3 days knowledge enough to be called doctor ?
If you are not an expert, then don't anyhow criticise people who paint a realistic picture of what hyflux bond entails back then. Now, you shall repent.
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Old 11-07-2019, 03:07 PM   #3587
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They will reply with this...

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Old 11-07-2019, 04:22 PM   #3588
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Sgx filing jointly by hyflux and Utico.

Got townhall

https://links.sgx.com/1.0.0/corporat...ment_final.pdf

Last edited by tmkedmw; 11-07-2019 at 04:26 PM..
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Old 11-07-2019, 04:29 PM   #3589
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So long whats the latest? ?
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Old 11-07-2019, 05:31 PM   #3590
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So long whats the latest? ?
Latest keep dragging and dragging and dragging lor. Nothing new, keep requesting to extend deadline.
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Old 11-07-2019, 06:36 PM   #3591
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So long whats the latest? ?
Latest keep dragging and dragging and dragging lor. Nothing new, keep requesting to extend deadline.
The zombie continues to walk!
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Old 11-07-2019, 07:07 PM   #3592
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Previously, Utico chief executive Richard Menezes said in late May that as part of the overall deal, small investors of up to $2,000 to $3,000 could get 50 per cent cash redemption along with full redemption opportunity while the rest of Hyflux's investors could get a similar but staggered and cascade deal.
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Old 11-07-2019, 08:36 PM   #3593
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https://www.straitstimes.com/busines...st-400m-for-88
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Old 12-07-2019, 06:36 AM   #3594
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utico S$300m for 88% $340m
PNP shareholders:$?? million cash and a 4% of the company. $13.6m
salim $$400m for 60% $667m
PNP shareholders:$27 million cash and a 10.26% of the company. $66.7m

management jskm
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Old 12-07-2019, 07:39 AM   #3595
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people like me already told you I am not from finance sector.
We are man on the streets. if I am so good I would be working in the bank
or working In mas.

but we couldn't even enter such sector.

why are you picking a fight with person with almost zero knowledge or a person who only attend 3 days course on finance stuff.

how can people like us beat the analysts , bankers, dealer in the bank, financial analysts? they are the one who roll out all this product to us. selling to retailer.

and by just having like a 3 days course you expect us to be like super expert to read hyflux p&l ? know everything like people from mas ? banks analysts ?

these people spent years studyying and working on financial related stuff vs man on the street ?

come on.

and the bank can arm themselves not only with lots of analysts, lawyers, policies writer and craft kiasu polices they can get back everything from the bonds , retailer get to lose everything.

what are these analysts in the bank for ? aren't they suppose to look with eyes wide open and not need polices to guard them ?
this is totally retail bullying.


if you are professional doctors who spend years on medical studies vs a person who spend only 3 days to read on medical stuff.

can person with 3 days knowledge enough to be called doctor ?
People already put warning liao. You are the one that ignore the alarm bells.
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Old 13-07-2019, 06:54 PM   #3596
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how come OL never go and borrow from the banks for working capital?

instead ask to borrow from the retailers and made forever lasting retail perpetual bonds that can go on and on without needing to return.

害死人 so many thousand of old folks got their saving wipe out.

and sgx and mas go and agree on all these retail bonds to be distributed to the retailers.

who give the green light to farm out this toxic product to the old folks ?
so highly leveraged. and did mas and sgx read about the pub contract with hyflux ?
Mas and sgx aware of pub/hyflux lousy contract ?

book state worth billions actually pub can take it back for free .
if mas and sgx don't know. you subject matter expert also don't know.
and you sign and agreed such lousy contact bonds to be distributed to the retailer like us

how do you expect all the old uncle, aunty retailer to know ?
those take 3 days finance course will know?

asset stated is got many billions and now pub take it back for free.

mas and sgx are aware of this pub/hyflux lousy signed contract before allowing such retail bonds to be release to the retailer ?

what is the feel from mas and sgx ?
are they doing their roles ?


really 害死人

some people said this is a hyflux retail bonds is a junk bond.
cannot buy one.

if that is the case why

mas/sgx can even made it approve as CPF investable.

SRS investable.

how come like that ?

why cpf and srs can be used to buy junk bonds ?
why mas and sgx approve it ?



why ? why ? why ?

now my marriage got call off.

Last edited by dreamwork7878; 13-07-2019 at 07:39 PM..
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Old 13-07-2019, 08:05 PM   #3597
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how come OL never go and borrow from the banks for working capital?

instead ask to borrow from the retailers and made forever lasting retail perpetual bonds that can go on and on without needing to return.

害死人 so many thousand of old folks got their saving wipe out.

and sgx and mas go and agree on all these retail bonds to be distributed to the retailers.

who give the green light to farm out this toxic product to the old folks ?
so highly leveraged. and did mas and sgx read about the pub contract with hyflux ?
Mas and sgx aware of pub/hyflux lousy contract ?

book state worth billions actually pub can take it back for free .
if mas and sgx don't know. you subject matter expert also don't know.
and you sign and agreed such lousy contact bonds to be distributed to the retailer like us

how do you expect all the old uncle, aunty retailer to know ?
those take 3 days finance course will know?

asset stated is got many billions and now pub take it back for free.

mas and sgx are aware of this pub/hyflux lousy signed contract before allowing such retail bonds to be release to the retailer ?

what is the feel from mas and sgx ?
are they doing their roles ?


really 害死人

some people said this is a hyflux retail bonds is a junk bond.
cannot buy one.

if that is the case why

mas/sgx can even made it approve as CPF investable.

SRS investable.

how come like that ?

why cpf and srs can be used to buy junk bonds ?
why mas and sgx approve it ?



why ? why ? why ?

now my marriage got call off.
CPF members hold less than 3% of its ordinary shares and less than 3% of its preference shares

https://www.straitstimes.com/busines...-to-buy-shares

"As the issue manager, DBS conducted due diligence checks to ensure that material information relating to Hyflux was highlighted in the offering document," the MAS said. While distributing the bonds via its automatic-teller machines, the bank also reminded investors to read the disclosure documents before making their applications, the regulator added.

"All investments carry risks," the MAS said. "The deterioration in Hyflux's financial conditions that led to losses for investors illustrates this."

https://www.businesstimes.com.sg/com...flux-bond-sale

Anyone who is stupid enough to think that attending a 3 day course will transform them into Warren Buffet and put their whole life savings into a company, have it coming for them...Hyflux owes so much money to the banks...Just because you lose money, suddenly questioned why Hyflux don't borrow money from the banks...
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Old 13-07-2019, 08:24 PM   #3598
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CPF members hold less than 3% of its ordinary shares and less than 3% of its preference shares

https://www.straitstimes.com/busines...-to-buy-shares

"As the issue manager, DBS conducted due diligence checks to ensure that material information relating to Hyflux was highlighted in the offering document," the MAS said. While distributing the bonds via its automatic-teller machines, the bank also reminded investors to read the disclosure documents before making their applications, the regulator added.

"All investments carry risks," the MAS said. "The deterioration in Hyflux's financial conditions that led to losses for investors illustrates this."

https://www.businesstimes.com.sg/com...flux-bond-sale

Anyone who is stupid enough to think that attending a 3 day course will transform them into Warren Buffet and put their whole life savings into a company, have it coming for them...Hyflux owes so much money to the banks...Just because you lose money, suddenly questioned why Hyflux don't borrow money from the banks...

With CPF and SRS status,
this make many of the old folks think that the company is safe.

you know bonds rated as A / AAA or something by some rating firm.
investors will buy isn't it.


now with SRS and CPF investable rating given by don't know sgx or mas.
don't you think it cast such a big impression this retail bonds is good to buy even using cash . sell your house to buy ?


now if it is junk retail bond why mas/sgx rated it as SRS and CPF investable .

even when the newspaper author is writing something on the retail bonds.
giving warning or what ever you said.

hyflux retail bonds is still rated as can invest using SRS/CPF .
mas/sgx did not even lift their finger to change the SRS/CPF investable rating despite
the newspaper author writing on the newspaper.
the rating continue to stay as investable using srs/cpf.
subject matter expert from mas/sgx did not even say anything nor change srs/cpf
you think retail investor will look forward to sgx/mas as the guardian.

mas/sgx totally ignore the newspaper author writing on the newspaper and continue to allow hyflux retail bonds to have srs/cpf invest status.
when mas/sgx the expert continue to total ignored the newspaper author no action is done, retailer can only trust mas/sgx. these people from mas/sgx are the finance expert , they spend years in good university studying financial stuff and have superior working experience on financial related stuff. during my time only top 5% to 10% can go to accounting in the university. The rest of the people are to go engineering course, the dumping ground.

then few months later the retail bonds start to plunge. in the last few days. hyflux retail continue dropping. how will retailer even know what is going on?
someone even said retail bonds is meant to be hold and not traded.

sgx/mas have rated hyflux retail bonds as good for retailer to buy using SRS/CPF although the company is in such a bad state. now after the incident , we are now informed in the hyflux town hall that hyflux tio cancer.
quarter after quarter cancer is spreading but mas/sgx continue to rate investable using srs/cpf . this gives impression to the hyflux retail investors that hyflux retail bonds is In very good health .


until the very last minute, many of the old uncle and aunty poured in their hard earned money(using cash) to buy the hyflux retail bond . some of them bought the retail bonds today and getting suspended the day after. it is because of the cpf/srs status that giving false impression hence these people buy using cash

who give such approval and cast such fake impression hyflux retail bonds is a super good retail bonds that investors can even use their cpf/srs to invest when in actual fact this hyflux retail should not even be distributed to the retailer right in the begining


Last edited by dreamwork7878; 13-07-2019 at 10:45 PM..
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Old 13-07-2019, 09:13 PM   #3599
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how come OL never go and borrow from the banks for working capital?
See you want to invest but you don't understand the mechanics behind the basic finances.

For working capital, the amount needed is usually small. For small amount, companies can borrow short term from banks easily.

You need bigger capital for new investments. Companies have to raise through debt or shares (rights, bonds, P&P) offerings.
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Old 13-07-2019, 10:44 PM   #3600
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With CPF and SRS status,
this make many of the old folks think that the company is safe.

you know bonds rated as A / AAA or something by some rating firm.
investors will buy isn't it.


now with SRS and CPF investable rating given by don't know sgx or mas.
don't you think it cast such a big impression this retail bonds is good to buy even using cash . sell your house to buy ?


now if it is junk retail bond why mas/sgx rated it as SRS and CPF investable .

even when the newspaper author is writing something on the retail bonds.
giving warning or what ever you said.

hyflux retail bonds is still rated as can invest using SRS/CPF .
mas/sgx did not even lift their finger to change the SRS/CPF investable rating despite
the newspaper author writing on the newspaper.
the rating continue to stay as investable using srs/cpf.
subject matter expert from mas/sgx did not even say anything nor change srs/cpf
you think retail investor will look forward to sgx/mas as the guardian.

mas/sgx totally ignore the newspaper author writing on the newspaper and continue to allow hyflux retail bonds to have srs/cpf invest status.
when mas/sgx the expert continue to total ignored the newspaper author no action is done, retailer can only trust mas/sgx. these people from mas/sgx are the finance expert , they spend years in good university studying financial stuff and have superior working experience on financial related stuff. during my time only top 5% to 10% can go to accounting in the university. The rest of the people are to go engineering course, the dumping ground.

then few months later the retail bonds start to plunge. in the last few days. hyflux retail continue dropping. how will retailer even know what is going on?
someone even said retail bonds is meant to be hold and not traded.

sgx/mas have rated hyflux retail bonds as good for retailer to buy using SRS/CPF although the company is in such a bad state. now after the incident , we are now informed in the hyflux town hall that hyflux tio cancer.
quarter after quarter cancer is spreading but mas/sgx continue to rate investable using srs/cpf . this gives impression to the hyflux retail investors that hyflux retail bonds is In very good health .


until the very last minute, many of the old uncle and aunty poured in their hard earned money(using cash) to buy the hyflux retail bond . some of them bought the retail bonds today and getting suspended the day after. it is because of the cpf/srs status that giving false impression hence these people buy using cash

who give such approval and cast such fake impression hyflux retail bonds is a super good retail bonds that you all can even buy using cpf/srs when in actual fact this retail should not even be distributed to the retailer right in the begining

Wow, I didn't know now CPF/SRS is a rating agency...You think government is there to babysit you so that your investment will huat ah?You don't even need to pay Capital Gains Tax or Tax on Dividends, now you want government to help make financial decisions for you...Might as well put all your money in CPF and let government manage your own finance...People buy the bonds is their own choice...Nobody forced the 39,000 retail investors to put in $900m into Hyflux...You think the 2 million plus Singaporean who are not affected by the Hyflux problem vs the 39,000, do you think the issus is with CPF or the 39,000 people are stupid...

You say like CPF is the reason why people put money into Hyflux...Why the hell does it only affect 39,000 people only? What about the millions of Singaporeans who did not put a single cent into Hyflux...
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