So Hyflux has applied to the High Court to stop creditors from seizing their assets, in other words, bankruptcy protection.
Who would’ve known, right? How terribly surprising and shocking news that just appeared out of nowhere. I am sure no one saw this coming, at all, from years away. /s
Why are people so in love with Hyflux? Because of the high yield they pay out? From your own capital that you supplied to them? Kek.
Hyflux share price when I talked about it in 2016: $0.528
Hyflux share price when last traded: $0.210
Dividends since then: $0.0045
Total Return: -59.4%
Hyflux preference share price when I talked about it in 2016: $99.80
Hyflux preference share price when last traded: $65.37
Payouts since then: $12
Total Return: -22.5%
Hyflux perpetual bond price when …