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Cool....I'm sold to your idea that its timing to jeep into this coy.
danger ( Date: 10-Nov-2013 09:59) Posted:
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In end 2004 , HYFLUX was trading at around current price of $1.1x but by 2005 , it soared to high of $3.90 !!!!!!
So a decade on , coming to 2014 , will Hyflux create another high ? Akang Datang .....
just imagine HYLFUX just 3 years ago in 2010 was trading $3.60
Before that was another peak in 2008 at $3.60
Before that was another peak in 2005 at about $3.90
It is a steal now .....
the volume traded on friday was the highest snce about Feb this year . About 3 - 4 times the avg traded vol
The chart of HYFLUX now looks exactly like in 28 Dec 2012 to 1st week Jan 2013 ... when share price was around $1.28 , where it went up until $1.46
Confirmed....will jeep in this Hyflux come Monday if it has not gap up. Great time to vest as the price has just made a nice upwards movement, lots of potential that its the signal for the start in the annual Xmas and CNY races :)
danger ( Date: 10-Nov-2013 09:03) Posted:
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Very true and its a sad situation for the ppl there.
Rosesyrup ( Date: 09-Nov-2013 13:20) Posted:
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put it on your radar next week
plenty of supply($$$) leh
As per HYFLUX's latest statement , they are hot on their heels to pursue these multi billions projects :
Apart from tendering for water infrastructure projects in our key markets, the Group is
actively pursuing desalination and water recycling opportunities in the industrial water
sector. Such industrial projects typically have shorter project time frame.
During the last quarter, the Group will also focus on tendering for various large projects
in the Middle East and Africa regions.
This year Middle East countries are going big into water investment :
The Middle East?s energy sector is experiencing a surge in its water and renewable energy investment with nearly 100 projects, worth US$32.7 billion, initiated this year, a market research report revealed on Tuesday. Gulf Cooperation Council (GCC) states, witnessing the biggest public spending rise in years, are set to benefit the most from new and upgrading of existing water and power projects.
Several regional governments are ramping up efforts to invest more in natural resources capacity as population in the Middle East is expected to grow by 31% by 2025, reaching 500 million, putting a significant strain on dwindling water resources.
The Middle East is one of the regions in the world where water is very scarce, resulting in significant investment in water infrastructure and non-traditional water technologies such as desalination and wastewater re-use ? of which the region is emerging as a world leader
The problem is not with low water supply.
The real problem is not enough money supply. Many governments unwilling to invest in water technology. Especially those in Middle East and Africa, they rather spend money on buying war equipment. The amount of blood spilled every year is more than clean water consumption. =.=
Every one of them wants to be leader. Not sure who else is still left for them to lead when the war is finally over.
danger ( Date: 09-Nov-2013 12:35) Posted:
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not enough supply leh !!!
Go find out under UN or some other websites for water related scarcity ...
Only 2.5% of earth's water is fresh water . And 70% of this 2.5% fresh water are locked up in glacier , icy mountians , Artic and Antartic ice regions .
only 0.3% of fresh water is available in lakes and rivers .
Water scarcity already affects almost every continent and more than 40 percent of the people on our planet. By 2025, 1.8 billion people will be living in countries or regions with absolute water scarcity, and two-thirds of the world?s population could be living under water stressed conditions
plenty of supply leh
Time to get in .......