Hyflux is a well-known water company in Singapore and investors into this stock might think that Hyflux stock can be poised to ride on the growing importance of water in the future. However, after a good ascent, Hyflux stock is now not as interesting as before until recently when an article on The Edge Singapore carried an article on Hyflux which outlines Hyflux’s alternate business plans which are to sell oxygenated water and open up some forms of water-centric health spas. This is really interesting to me as Hyflux will be entering into the high-end health sector, like Osim which majors in massage chairs and teas. As with most of the businesses here which have diversified into alternative businesses, it is better to wait to see how Hyflux fares in its new ventures rather than pumping your monies into the stock now. As the maximum goes, the proof is in ......