
hyflux is giving 1 bonus share for every 2 currently held. after the bonus issue, there will be 3 shares in place of the previous 2. so theoretically, the market price should drop by 1/3 x $3.30 = $1.10. however, the drop is lower, so existing shareholders are better off: before bonus issue: 2 shares x $3.30 worth $6.60; after bonus issue, 3 shares x $2.34 now = $7.02. so existing shareholders are actually better off now!
this is 1 for 2 bonus issue. If take before xb average px at 3.34 ,xb price should be around 2.23. Correct me if I'm wrong.
even if it is XB, normally most stocks will drop only 10% or less, especially this is a valuable counter.
Why? Please elaborate... many thanks.
lolz,,,3.13~~~sell high high. what happened to this share?up and down like that?
Wasted! Missed to sell high high on open : (
bsiong ( Date: 17-Dec-2010 09:25) Posted:
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"XB"
Woowww...
What has happened to this Hyflux...Any updates, all Sifu...
Cum bonus how come move up? Any idea?
not sure..... God protect Hyflux well enough.....
des_khor ( Date: 23-Nov-2010 12:50) Posted:
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Can buy at 3.22 at 20MA ??
Hyflux Ltd: Initial Headway into Libya
Summary: Hyflux Ltd has finally made its initial headway into Libya with the winning of an EPC (engineering, procurement and construction) contract worth US$100m for a 40k m3 seawater desalination plant at Tobruk in northeastern Libya . We estimate that the latest order win would increase its EPC order book to around S$626m and its overall order book to S$1715m (assuming O&M segment remains at S$1089m). While this contract marks the group’s first foray into Libya and its expanding presence in MENA beyond Algeria, the market is watching out for when Hyflux can secure the two mega desalination projects (worth an estimated S$1.3-1.5b). While talks have progressed onto the technical specification stage, management notes that it could take another six months before they reach an agreement, essentially making it a mid-2011 story. Nevertheless, we continue to believe that Hyflux remains well-placed in Asia and MENA to ride on the still buoyant water industry. Hence we maintain our BUY rating on the stock with an unchanged fair value of S$3.66 (25x FY11F EPS). (Carey Wong)
/OCBC Investment Research
i came i read i posted for your info only.
Hyflux Ltd
has been awarded a contract worth about USD 100 million to carry out engineering, procurement and construction (“EPC”) works for a seawater desalination plant at Tobruk in northeastern Libya . The project is the first in the country for Hyflux. The contract was awarded by the General People’s Committee for Utilities of the Great Socialist People's Libyan Arab Jamahiriya (the Ministry of Utilities in Libya), the result of an international bid held earlier in the year.
Today confirmed breakout from ascending triangle and resistance of 3.18 with high volume. Chiong!
they r going to relocate their biz operation to the adj bligger plot of land in boon keng by next Sept 2011. expansion in the pipeline
snooty ( Date: 26-Aug-2010 09:00) Posted:
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monitor it first....
Seems like trading in a long term down trend channel.
http://mystocksinvesting.com/singapore-stocks/hyflux/hyflux-on-down-trend/
Ha ha, comrades, every living thing under the sun or ground needs water, hence no tension loh, if u hv bought ds burger. Cheers.
Kenna sai went up to 3.17 then drop again.
@#%$^^&#@%&^*% Who is the idiot who take profit so early. Just started going upwards take profit already???
fly baby fly! nows the time for u to show ur wings! :)
Alamak today performance good. High 3.10
Oversold region but possibly crossing MACD.
I pray for a rally.
Maybe Malaysia water contamination so this share cheong (Joking)