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Yet another case of ‘diworsification’
By Rainbow Coin  •  June 10, 2018
https://www.channelnewsasia.com/news/business/hyflux-singapore-court-supervision-faces-major-challenges-10260230

Let's see how things will pan out after reorganization for the once-star homegrown Hyflux. I kind of believe that the founder (Olivia Lum) would have the tenacity to pull through, given the way she 白手起家。

I am not vested in Hyflux. Just a thought that we must stay alert at all times in our investments and hope that the ones affected by the woes will see this as a lesson learnt. Staying alert means paying attention to new business ventures and the resulting debts/earning, as well as the impact on the company's cash-flow. (Keep your eyes peeled to any news.) So your alarm bell would ring somewhere before a price landslide goes to 10% and beyond.

Even though as minority shareholders we have no means to control the business direction and its management, we cannot simply take our stake for granted and rest on our laurels.

#my200thpost

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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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