Shares & Derivatives
Hyflux preference shares Part 3
By Bully The Bear  •  April 16, 2011
It seems like hyflux preference shares issue is getting a lot of attention lately. Besides splashing nearly a whole page on the local newspaper, it is also widely commented in internet forums and blogs. To see how immense the interest in the hyflux preference share is, one only have to look at the explosive increase in viewership after I've posted the two articles on my opinion regarding this fund raising exercise.
This is not the only indicator of the immense interest in the preference shares. Here's a few more: 1. The owner of finance.sg had his site banned by adsense (the appeal is still pending), likely because of the huge spike in traffic after AK and me posted our opinions on the preference shares. 2. The placement for the preference shares is so hot that the bookrunner, DBS, had received orders almost seven times the planned number of shares ......
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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