Hyflux    Last:0.21   -

Hyflux

on 30 April, there was a gap (1.79). Today the volume is accumulating above average.

 

Istithmar World Capital, a unit of Dubai World, will sell some long-held assets to return cash to its parent company, the Financial Times reported, citing an interview with its Chief Executive David Jackson. Istithmar's assets under management has declined about 10% to $9 billion in 2008, the FT said. It has already sold stakes in Singapore water utility company Hyflux (600.SG) and Time Warner (TWX), the report said. Istithmar has also sold its stake in Intercontinental for no profit, it added. Jackson said, according to the FT, that New York retailer Barneys isn't for sale unless it gets at least the $825 million it paid for its stake in June 2007. The report didn't say which companies Istithmar plans to sell its stakes in. The company's investments in Standard Chartered and hedge fund GLG Partners at the height of the bull run have "collapsed," the report said. Jackson said he believes the two companies are outperforming their peers currently, the FT said Price going to go up soon. Major shareholder unloaded

 

what's the good news.... dividend payout date? today most counters also goes up.

 

equator2010      ( Date: 04-Mar-2009 14:28) Posted: some good news coming up......price rallying ...woo hoo !

 

some good news coming up......price rallying ...woo hoo !

 

Time to get some will hit my target of 1.4

 

in general, how much would the price drop once a substantial shareholder reduced his holdings, from the date of announcement? Considering this counter is not high vol / highly speculative counter. 

any indicative?

 

Today support level at 1.43. Looking at tmr may be a good chance

 

I think there is some short selling activity. Will keep lookout when they cover back..

ozone2002      ( Date: 28-Feb-2009 19:03) Posted: something terribly wrong with hyflux.. large sell vols since the 15Feb..but posted bumper results.. another case of the smart money gettin the upper hand.. ozone2002      ( Date: 15-Feb-2009 22:28) Posted: tat's a freaking large vol... i think i'm gonna short this come monday.. nickyng wanna join mi?

 

Thanks for the info AK Francis  I'll keep a lookout on that counter too. Sigh.... nw my entire portfolio is down by 40% as much of it was bought b4 the oct 2008 crash.

 

something terribly wrong with hyflux..

large sell vols since the 15Feb..but posted bumper results..

another case of the smart money gettin the upper hand..

ozone2002      ( Date: 15-Feb-2009 22:28) Posted: tat's a freaking large vol... i think i'm gonna short this come monday.. nickyng wanna join mi?

 

Hyflux gearing ratio is increasing. Target for 1.4

buysell      ( Date: 28-Feb-2009 15:34) Posted: what's your targeted entry price for comin week?  kkboy1      ( Date: 28-Feb-2009 10:22) Posted: DOW closed red. Wait for some more unloading first.

 

Ha ha , brother , u heard of Li Li, CEO/MD of Epure Int(CPFIS), a PRC water n wasterwater treatment solns provider.

Its last FY07 NPAT 164 RBm. However, it last 3Q NPAT alrdy clinched 182 RMm.

Last done px was 27 cts. It supposes to release FY08 last week.

TradeChancellor      ( Date: 28-Feb-2009 16:27) Posted: I remembered when i bought Hyflux in early 2004, my buy price was about $1.60. I sold it away later. It was used to be part of sti component before they removed it and now STI is only 30 counters. I liked Olivier Lum as she was a rags-to-riches lady and rather capable. Company is also one of market leaders in water treatment (economic moat). Her current holdings in the compamy is about 33%?.. NAV is $0.56 now.   I believe water treatment is a necessity and its not consumerism. I think buying the stock, one would not go seriously wrong.

 

I remembered when i bought Hyflux in early 2004, my buy price was about $1.60. I sold it away later. It was used to be part of sti component before they removed it and now STI is only 30 counters. I liked Olivier Lum as she was a rags-to-riches lady and rather capable. Company is also one of market leaders in water treatment (economic moat). Her current holdings in the compamy is about 33%?.. NAV is $0.56 now.  

I believe water treatment is a necessity and its not consumerism. I think buying the stock, one would not go seriously wrong.

 

 

 

what's your targeted entry price for comin week? 

kkboy1      ( Date: 28-Feb-2009 10:22) Posted: DOW closed red. Wait for some more unloading first.

 

DOW closed red. Wait for some more unloading first.

 

what do you guys opinion at 1.50 , this level seems well supported if you refer to chart?

Suppose DJ closed in green tonite, buy on monday for short term?

 

There is such a trade call Merry Deal. Of course, u can Q block of shares at SGX, but slow loh. Consult your TR for details. 

buysell      ( Date: 27-Feb-2009 11:49) Posted: does anyone know how long it would take a substantial shareholder to unload their holdings? or would it be reported in an announcement after they done so?

 

does anyone know how long it would take a substantial shareholder to unload their holdings?

or would it be reported in an announcement after they done so?

 

By the time you wait for results to be released to buy, the market already factor in the good news. So you are already buying at a premium.

buysell      ( Date: 19-Feb-2009 12:18) Posted: Stunning Results ! yeah , so happy that I loaded yesterday afternoon.

 

Thanks AK! i should have waited to load some lots. Now i am stucked though not far from current price of 1.54