Shares & Derivatives
Hyflux Preference Shares
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 17, 2011
Just For Laugh ... Read? Hyflux preference shares Part 3 Wah. Don't tell me Hyflux 6% Preference shares are hitting Singapore like the last MacDonald's Hello Kitty Craze. Die die must HAVE. Wah 6% per annum hor and  more than double the rate of CPF OA of 2.5%. Hoot liao! How come Createwealth8888 no hoot? Let me share with you what I think ... Hyflux Mgmt is telling you this:
  1. Give us your money and don't worry. We will pay you 6% per annum.
  2. Don't worry if you don't get paid this year. We will pay you next year and plus what we owe you last year. Just don't worry too much. We will pay you. Promise hor!
  3. We say so many time liao. Don't worry. We will finally pay you all we owe you on 2018 and also to return you your capital. Just don't worry too much, everything will ...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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