The Saga of Hyflux has been burning for quite some period of time. As usual when something like such in trouble, investor community especially retirees will be affected. Unlike HPH Tr, Sabana Reit, Noble or S-Chips, listed Hyflux do produces Power other than Water to the Public both tied to basic essentials for our Island State survivals.
However every time when I hear someone vested in Hyflux Preference Shares or Stocks they have the mentality that Ah Gong will not let it fails and that due to it's necessity, the investment will not go wrong. And this is where most investors could precisely get it wrong. Being essential does not mean it can't go bust as a listed company. When I Invest in Hyflux Preference shares previously, I do stress out that it can go bust. In the end, I decided to cut loss to de-risk myself from it. Fortunately, manage...