
it plunged $0.47 as at 3.36pm today!
how low can this drop? luckily i am not holding to any of it now
just curious, what an irony, would such research and TA relevant in current mkt situation?
I wonder if there's any counter that calls for BUY by such research and TA shows buy signal ? which counter out there...any?
Hyflux's TA charts are very bearish. Acc/Dist and Chaikin just dipped south drastically.
thanks for the info! do you have a link to that info?
In any case, how would it affects the watertrust as it didnt have much price movement today.
jackjames ( Date: 07-Oct-2008 17:25) Posted:
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it's due to target price cut for hyfluxtrust from 0.90 to 0.53... affected its mother share...
well, water is still a basis for survival, regardless of economy .
strange that it dropped so much today, it has been holding well around 2.42 level.
AK_Francis ( Date: 22-Sep-2008 10:36) Posted:
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Wah... Hyflux also near 52 week low.
How come its affected so badly by the crisis? I would think that it is quite recession proof because people still need to drink water right?
Aim for 2.2 seem unreachable.
Thx for your reminder....
AK_Francis ( Date: 22-Sep-2008 10:36) Posted:
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global economy weak, no new order. status quo. what u think? FYI.
Any comments on this chart? It seems the PE is pretty high.
i am surprised too.... well, isn't a good time for us now? aim for 2.04 ba !
this one today fall like lead. any neg news or dev? anyone has any info?

AK, saya got this to say... what's good for hyflux is bad for hyflux water trust and vice versa. If you're into water play, you may want to consider the truly big comglomerate with deep pocket that can finance current/future mega water projects.
A lot of small and medium water companies will run themselves into the ground eventually. My 2cts comment.
alamah got he wrong one, its trust. dipped for nothing leow.
TA looks good.
Date & Time of Broadcast 09-Jul-2008 12:31:09
EXECUTION OF KEY AGREEMENTS FOR WORLD’S LARGEST REVERSE OSMOSIS
DESALINATION PLANT OF 500,000M³/DAY IN MAGTAA, ORAN, WESTERN ALGERIA
(“PROJECT”)
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_43843823E2E72F90482574810016BE94/$file/MagtaaProject9July2008.pdf?openelement
Credit Suisse upgrades Hyflux to Outperform from Neutral, raises target price to $3.60 from $3.44. Broker says in note, upgrade reflects asset injection into Hyflux Water Trust, tips company to record higher-than-expected $41 million gain on injection of 9 qualifying plants. Raises FY08-FY09 earnings estimates by 12%, 21%, which leads to new, higher target price. Adds, company tracking ahead of order win forecasts year to date, should continue to clock up China water treatment project wins.