Hyflux 6% Perpetual Securities

  • Need someone to talk to?
    Feeling down, anxious and need help? Mental Health Helpline: 6389-2222 (24 hours) More info

Euqorab

High Supremacy Member
Joined
Jul 8, 2001
Messages
25,077
Reaction score
4,690
If sentenced to jail will celebrate, absolutely bad management team and not taking ownership for bad judgement and decisions taken.

This is a good example of past performance not indicative of future performance, when under pressure they failed the test miserably.
i read the problem boils down to their assumption that electricity tariff would remained high to justify their lowballed water price

i also read bad risk management poor corporate governance... but nonetheless it still cut both ways...

the judgment will probably be an interesting read when it's published!
 

sglandscape

Supremacy Member
Joined
Jan 30, 2023
Messages
6,187
Reaction score
2,981
i read the problem boils down to their assumption that electricity tariff would remained high to justify their lowballed water price

i also read bad risk management poor corporate governance... but nonetheless it still cut both ways...

the judgment will probably be an interesting read when it's published!
Lack of disclosure of material information to investors is likely the main reason why they may be convicted.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top