I don’t have a lot of friends I know who invested in the Hyflux Cumulative Perpetual Preferred Shares (CPS) or the Hyflux Perpetual Bond. That is because they tend not to be investors in the first place.
I do have fellow bloggers or investing friends that I am acquainted with, that are caught in this.
You can say that you have taken the proper portfolio risk management actions by not making either the Hyflux CPS or the Perpetual Bond a large part of your portfolio, but it absolutely sucks to know that you might lose 100% of this.
I notice that a lot of folks have put out various pieces on this, telling people you ought to see this coming.
My feel about this is that, I did not pay attention to Hyflux and the related stuff but my friend have been computing the mathematics behind the CPS and the
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