Hyflux Dividend 2018

If we are to observe for every increase of about $18 in USEP, Tuaspring generates about $30 million more in profitability. 12 October 2018 - Hyflux Ltd (Hyflux or the Group) wishes to alert all stakeholders of a fictitious account on well-known social network LinkedIn impersonating Ms Olivia Lum, Chairman and Group Chief Executive Officer of Hyflux Ltd. While I did not apply for it, the price went up by 1% and for those who are safer and wish to invest in bonds, this may be a good one to enter. They sure do, and risk factors mention them. Within 3 months, the company went from distribution of in-specie dividend to default. We, at Shares Investment, decided to look into this as the price for the Hyflux 6% (CPS) Cum Preference Class A 10 dived from more than $90 on 1 February 2018 to as low as $62. The loss was quite minimal as I had only a very small stake, and have been receiving 6% dividend for many years. Back in Oct 2016, I talked about Hyflux and their recently launched 6% perpetual bonds. QUESTIONS OVER TUASPRING. 50 and has committed to maintain a yearly gross dividend of $1. CITIC Envirotech - UOB Kay Hian 2018-05-30: CEO Change And Hyflux Worries Undue; China Vows To Wage Tough Battle On Pollution. Yet it continued to command the trust and confidence of investors largely. They will also recall the shares at par value in 2018, failing which, they will step up to 8%. It was the facts that stood out 1. A Dividend Seeker on SGX This website is an attempt to seek out the Dividend Yields of counters listed on SGX. On each dividend date after 20 September 2018 # Wholly-owned subsidiary of OCBC Bank. Government Should Bail Out Hyflux And Don't Put All Your Eggs Into One Basket It was poignant to read from the news that there was a retail investor who risk losing a certain portion of his S$250K of capital investment into Hyflux bond. To raise capital, Hyflux had jumped onto the bandwagon of issuing perpetual securities. Hyflux will retain the remaining 30 per cent stake in Hyfluxshop. By investing in companies with stable and high dividend yields, investors can secure a relatively stable cash flow. (2) Under "Dividend Value", please note preference shareholders' entitlements to a cumulative preferential dividend at 6% per annum on the Liquidation Preference of each Preference Shares, calculated on the basis 182 days from (and including) 25 October 2017 to (but excluding) 25 April 2018 (being the relevant dividend period). It operates through the Municipal and Industrial business segments. 2018 was 0. The only news I can find is dividend in specie of hyflux shop shares and Olivia Lum now making a cash offer which is a sick joke Anyone know What's the real reason behind this crash in ps? 20-02-2018, 12:13 PM. Maybank paid a dividend per share of RM0. 1/ Scrip Dividend Scheme offered. FA100056-1). Dividends were given to the ordinary shareholders on Feb 2018. You know what's the saddest thing about this whole Hyflux shit? The majority of the people holding onto these toxic assets are not the savvy investors. Announcement on the dividend payment status will be made on SGX as well as on our corporate website at www. Hyflux announced on 10 May 2018 of a coupon payment to BTWZ. On 17 May 2016, Hyflux Ltd announced their Offer of up to S$300 million worth of a perpetual security at a rate of 6% of the principal amount with a potential step up every 4 years. is an investment holding company, which engages in providing water and energy solutions for communities and industries. A Dividend Seeker on SGX This website is an attempt to seek out the Dividend Yields of counters listed on SGX. 135 per unit for the 1st half of 2018. Dividend yield: Maybank has a dividend policy to pay out 40-60% of earnings as dividends. EBITDA is negative for 3 out of the 5 periods. ENDED 31 MARCH 2018. Enter number 134: Please enter the correct number Signup. Sembcorp the only Bidder for Hyflux (SGX: 600) On 3 rd October 2018, Business Times released an article that. Not surprisingly, due to repeatedly high dividends (above its profits) payouts, Hyflux has shown a consistently reducing retained earnings trend since FY2014. During that period, Hyflux recorded a cumulative profit after tax and minority interest of S$527 million and total ordinary shareholders dividends of S$186 million. Water treatment firm Hyflux Ltd (SGX: 600) announced on Tuesday that it will be offering S$300 million worth of perpetual securities that will yield their investors a 6. Also read: Hyflux in talks with potential white knight over $400m investment. Hyflux Ltd Page 8 of 31 1(c) A statement of cash flows (for the Group), together with a comparative statement for the corresponding period of the immediately preceding financial year. Maybank approved the further extension of Hyflux's deadline to ink a binding agreement with a successful bidder or investor for the divestment of Tuaspring. 2018 was $0. And maybe the share price would have also grown in line with the EPS growth and perhaps also quadrupled. SI)? This is not mentioned in the prospectus. The share price is in SGD. View the Scrip Dividend Scheme Statement as amended on 11 February 2015. Reply Delete. ” Recently, Hyflux has filed for bankruptcy protection. We have received numerous enquiries about these two instruments issued by Hyflux. To be fair to Olivia, she did seem to spend some money to result in a dividend in specie in February 2018. Updates On Reorganisation Process - Application For Extension Of Moratorium. This is beneficial to Hyflux. If we are to observe for every increase of about $18 in USEP, Tuaspring generates about $30 million more in profitability. 2018 was $-0. This framework is effective from April 1, 2019 and includes targets that we aim to achieve over the cycle of the business. Even today, all the Mapletree REITs remain resilient in the face of escalating US-China trade war, hard Brexit and. There is a good possibility that many bondholders will lose most of their investments in Hyflux and the company will at most exist in a reduced form, says NUS Business School’s Professor Nitin Pangarkar. It operates through the Municipal and Industrial business segments. The market gives 6%-8% annualized. Become a member for free. The writer owns Hyflux CPS 6% at the time of writing. 54 would be 6. 5046% (an implied credit score of bb+) 2. Dividend yield: Maybank has a dividend policy to pay out 40-60% of earnings as dividends. So many old folks are affected. 006 per unit, this is a decline of 16. As Hyflux did not declare an interim dividend on its ordinary shares in its latest financial results, if Hyflux chooses not to pay the next preference dividend scheduled on 25 Oct 2017 in full, Hyflux can defer part of the next perps distribution scheduled on 27 Nov 2017. Hyflux Ltd. Finally, those who had bought at a price below the par value of $100, they will make both a capital gain as well as all the dividend collected till redemption. Diagram 3: ESR-REIT's true dividend yield less gains from SLA, UE BizHub's rental support and Hyflux Membrane. Last Dividend Reported-- Q3 2018 (Millions. Hints : [1] Click the icon table to view the Entitlement detail page. On May 22 2018, Hyflux Limited and a number of subsidiaries filed for court protection from creditors,” SIAS said, asking what transpired between Mar 22 and May 22 in 2018. FA100056-1). I invested the smallest amount which I possibly could as there were some elements of risk for this but it was a risk I thought I could take betting on the sale of TuasSpring to redeem. I think it's actually worse than that, because stockscafe didn't include the suspended Hyflux perps that I had. Most of its assets are held for sale of $1. Hyflux Ltd through its subsidiaries is engaged in seawater desalination, raw water purification, wastewater cleaning, water recycling, water reclamation and ultra-pure water production for municipal and industrial clients as well as home consumer, filtration, and purification products. Hyflux Ltd. 6% guaranteed yield is pretty high returns relatively. 51 same quarter last FY) but similar to the prior year, which is a good sign as it means the decline has now stablised. Hyflux's preference shares are bond like instruments which gives the holders a fixed dividend payout at each time period (6% for Hyflux's case). The Municipal segment supplies a range of infrastructure solutions, including water, power, and waste-to-energy to municipalities and governments. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. Can't say the same with the rest of the market though, what with Hyflux saga and all. 0% annual "dividend. Get detailed information on Hyflux (600. It operates through the Municipal and Industrial business segments. But the retail investors seeing the attractive. The gas industry regulator was responding to a reader's letter "Time for a close look into why Hyflux tanked. Firstly, this post will not be me doing some hindsight analysis telling you that Hyflux has negative cashflow and then trying to sell you a course on how to identify companies like Hyflux. Announcement on the dividend payment status will be made on SGX as well as on our corporate website at www. For hyflux, I think everything now hinges on their ability to sell tuaspring and Tianjin dagang. stock price. The company has received an automatic debt moratorium for a period of 30 days from 22 May 2018, the date on which it filed the application. Extension Of Moratorium To 2 December 2019. Blog Headlines Announcements Dividends Bonus, Split & Consolidation Stock Quote Trending Now Market Filter Recent Stock Quote Active Stocks Top Gainers Top Losers Stocks Listing Latest Price Target Recent Search Top Price Target PORTFOLIO My Portfolio Public Portfolio. 2018: HYFLUX: Proposed Dividend In Specie Of Shares In Hyfluxshop Holdings Pte Ltd -. Hyflux and its three subsidiaries - Hyflux Engineering, Hyflux Membrane Manufacturing, and Hydrochem. If we are to observe for every increase of about $18 in USEP, Tuaspring generates about $30 million more in profitability. It operates in two segments, Municipal and Industrial. Singtel price like 5. Hyflux is a small company in this industry and to win contracts, it has had to undercut it's competitors (much like what all tech startups do) - this was always a recipe for disaster and something I could never understand when investors lined up to invest in Hyflux. The market gives 6%-8% annualized. Don't just quote partialIt clearly state this after that "Still, investors should do their due diligence and invest in only products which they understand and which meet their financial objectives and risk appetites, as investing in bonds is not without its risks. However, the board failed to mention that in February 2018, Ms Lum received a dividend in specie, amounting to a 23. A Dividend Seeker on SGX website is an attempt to seek out the Dividend Yields of counters listed on Singapore Stock Exchange, SGX. 18% sounds great until your borrower defaults :(Delete. Dividend Warrior Many Singaporeans earned their first 'pot of gold' from property investments, specifically HDB flats and private condominiums. As many know, I rarely go out of my way to call out really trashy investments, because let's face it, a lot of investors are irrational and will gladly and happily buy up stupid shit. Even today, all the Mapletree REITs remain resilient in the face of escalating US-China trade war, hard Brexit and. Starhub posted a net profit of S$201. Hyflux has taken a $916 million impairment charge for the nine months ended Sept 30, 2018, relating to a loss while adjusting the carrying value of Tuaspring water and power plant, and other write. It added that it has no confidence that SMI is prepared to complete the investment even if precedent conditions for the restructuring are fulfilled. SI) Corporate Action - Dividends / Rights / Splits of Hyflux | SGX Listed Companies @ SG investors. A website to record all the Dividend Yields of Singapore Stocks listed on SGX. Sembcorp Industries Ltd was the only party that submitted a final bid for beleaguered Hyflux Ltd's Tuaspring project. Hyflux seeks court protection for debt reorganisation www. 80 on 20 February 2018. 3%), CEE's dividend payments are not well covered by earnings. The Municipal segment supplies a range of infrastructure solutions including water, power, and waste-to-energy to municipalities and governments. Hyflux shareholders will receive one Hyfluxshop share for every 10 Hyflux shares. Most of its assets are held for sale of $1. I am happy to see some other bloggers have started to show how much dividend they will be collecting, it’s really encouraging to see some had seen their dividend amount increased much on Y. Stock analysis for Hyflux Ltd (HYF:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. It has a strong order book of $3,187M as at Dec 2016, of which $1,916M is related to future revenue from the operations & maintenance (O&M) of the water. According to The Business Times (BT) news report on 19 October 2018, the entire Hyflux group had bank debts of about $1. If we compare this to last year interim dividend of S$0. Hyflux Water Trust (HXWTF) Dividends are a good point on this one: Soapy Bubbles: This company is part of the larger Hyflux LTD. Hyflux shares, retail bonds, as well as OTC bonds prices dropped. 9m in June 2018 to $3. The lowest was 0. If these preference shares are not redeemed by Apr 25, 2018, their dividend rate will be stepped up to 8% per annum. During the past 13 years, the highest Dividend Payout Ratio of Hyflux was 6. After the release of the Q1 2018 results, given the prolonged weakness in the power market and its impact, Hyflux decided, on 14 May 2018, to engage external advisors to look into the Group’s financial situation. 54% as shown in Diagram 3. 2018 was $-1. However, the board failed to mention that in February 2018, Ms Lum received a dividend in specie, amounting to a 23. On why the Hyflux board continued paying annual dividends up to 2017, when the firm's operating cash flow has been negative since 2009, the board said paying dividends out of. However, dividend yields can be high when a company is facing financial. This post is an interview with myself, aka SingularityTruth, on what I currently think and feel about what is…. Take a look at the Dividend Stock Tracker to compare against existing dividend yielding stocks. This is neither a recommendation to purchase or sell any of the shares, securities or other instruments mentioned in this document or referred to; nor can this course material and/or document be treated as professional advice to buy, sell or take a position in any shares, securities or other instruments. Hyflux's dividend payout ratio for the months ended in Sep. Dividend yield: Maybank has a dividend policy to pay out 40-60% of earnings as dividends. YES !! Is time to calculate and tabulate my dividend & interest income for 3 rd Qtr 2018 ( $$$ to be collected in month of Jul to Sep). Feb 2018 USEP was $99. Troubled water treatment firm Hyflux's Board of Directors, through its founder and executive chairperson Olivia Lum, were grilled by the Securities Investors Association Singapore (SIAS) over her apparent lack of participation in restructuring efforts despite receiving a payment of more than S$60 million in dividends from her 34 per cent. Final dividend of 1 cent, interim dividend of 0. The same thing happens in the crypto world where noobs end up holding worthless bags and bags of rekt shitcoins. Hyflux said an oversupply of gas in Singapore depressed electricity prices and the weakness in the power market will likely pose challenges for its performance in 2018. 19 Sep 2019. A success story - Olivia Lum, the person who created water for Singapore In this next success story, i'm bringing to you Olivia Lum, founder and Group CEO of Hyflux group. 5m in June 2019,” she said. Hyflux is planning to distribute 70 per cent of the stock in Hyfluxshop Holdings to existing shareholders, on the basis of one Hyfluxshop share for every 10 Hyflux shares held, at no cost to them. Any information, commentary, recommendations or statements of opinion provided here are for general information purposes only. CITIC Envirotech - UOB Kay Hian 2018-05-30: CEO Change And Hyflux Worries Undue; China Vows To Wage Tough Battle On Pollution. 18% sounds great until your borrower defaults :(Delete. I bought some QAF shares when its price dropped below $1, cost averaging. Hyflux said it has the option to increase the size of the offering to S$400 million if applications or indication of interest received exceed the offer size. Don't just quote partialIt clearly state this after that "Still, investors should do their due diligence and invest in only products which they understand and which meet their financial objectives and risk appetites, as investing in bonds is not without its risks. If not, the dividends will step up to 8%. However, the news that Hyflux is issuing preference shares with an annual dividend rate of 6% is somewhat surprising to me. The Group and Trust does not hold any treasury units as at 30 June 2019 and 31 December 2018. Diagram 3: ESR-REIT's true dividend yield less gains from SLA, UE BizHub's rental support and Hyflux Membrane. On 22 May 2018, Hyflux Ltd and some of its subsidiaries, including Hyflux Engineering Pte Ltd, the operator of SingSpring, applied to the Singapore High Court to commence a court supervised process to reorganise their liabilities and business pursuant to Section 211B(1) of the Singapore Companies Act. If ever Hyflux survives, they should all be changed. A pity, there's some price weakness recently, but i believe it will recover when the general market weakness is gone, or at least wait till trump-xi decide to be good friends. SA News • Feb. Hyflux did not pay dividends for their shares, but continued to pay dividends for both the retail bonds. Consolidated Questions For Hyflux Townhall Meeting on 19 and 20 July 2018 - Hyflux- continued Disclaimer: I am not an investment advisor. Also read: Hyflux in talks with potential white knight over $400m investment. Here is the table for some other form of corporate action. (8) The Chairman thanked Mr Gupta for the presentation. 9m in June 2018 to $3. Hyflux has applied to the court to restrain creditors from winding up the company or seizing its assets for the next six months. 6% guaranteed yield is pretty high returns relatively. My Dividend Stock Purchase: Hyflux Preference Shares (N2H) After holding a large percentage of cash for a long while; I have decided to purchase shares in N2H, Hyflux Preference Shares. 2018 Dividend List - Part 1 The time of the year has come to review the annual dividend list, this year we are breaking up to list into more parts so that we can discuss more names. Excerpts from Lim & Tan Securities report: Avi-tech’s market cap is $46. Yeah !! Is time to update my dividend & interest income to be collected in 4th Qtr 2018. The company operates through two segments, Municipal and Industrial. Tg Jati clears hurdle. ENDED 31 MARCH 2018. 5/Mwh-- according to Hyflux's CEO affidavit, it's points to the fact that Tuaspring would have made only slight losses ignoring financing cost. 2018 February: Hyflux will not redeem its preference shares until it divests the unprofitable Tuaspring project. HYFLUX LTD (600) latest news: 2019-09-30 - It has been extended to 02 December. HYFLUX LTD (600. Get detailed information on Hyflux (600. Hyflux will not distribute the payment of its $500m 6% perpetual bonds which was scheduled on 28 May 2018 until further notice. This will be a short and quick update as I am heading to JB for 2 nights staycation on 20th & 21st Oct and follow by another on 25th & 26th Oct to Lexis Hibiscus Port Dickson. It's auto calculated from stocks cafe. Singapore’s wealthy investors, stung by a series of unprecedented defaults in the past two years, remain vulnerable amid rising interest rates. Toggle navigation. “Overheads are projected to be further reduced to $2. 8% industry average 1. Hyflux Ltd 3/29/2019 11:08 PM Page 8 of 30 1(c) A statement of cash flows (for the Group), together with a comparative statement for the corresponding period of the immediately preceding financial year. 7% for half year interim and if extrapolated, represents an expected 7. 5046% (an implied credit score of bb+) 2. (2018, July 19). In 2011, I wished all Hyflux investors good luck. On 17 May 2016, Hyflux Ltd announced their Offer of up to S$300 million worth of a perpetual security at a rate of 6% of the principal amount with a potential step up every 4 years. 60 per share (double from previous year) plus a special dividend of $0. If these preference shares are not redeemed by Apr 25, 2018, their dividend rate will be stepped up to 8% per annum. On 22 May 2018, Hyflux Limited and a number of subsidiaries filed for court protection from creditors. Past Transactions Add Transactions. Hyflux Ltd, an investment holding company, provides integrated water management and environmental solutions worldwide. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. SI Stock Info Last Traded Share Price 0. 53b (US$10b) by 2020, according to estimates from S&P. An entire generation of Singaporean 'Baby Boomers' was lifted into middle-class status during the 1980s to 1990s as they entered the workforce and used their CPF savings to purchase government. ” The regulator noted that in 2017, when Hyflux reported losses of $115. Hyflux Ltd, an investment holding company, provides integrated water management and environmental solutions worldwide. 90 per share, it was a growth company. Am I correct in understanding that a Scrip Dividend involves the issue of new shares instead of the purchase of existing shares? Does this mean that if I don't join this program, my existing shares will be diluted every time a Scrip Dividend is paid? What is the benefit to the company of issuing Scrip Dividends?. As at 31st March 2018, Hyflux had total liabilities of $2. Hyflux Ltd has applied to the country's high court to begin a reorganization of its business after lower electricity prices hurt its finances, the water treatment company said on Tuesday. In 23 Jan 2014, Hyflux issued perpetual capital securities with a distribution rate of 5. So many old folks are affected. Hyflux said in August that its consumer business is. Company dividend declared after this date may not be in this list. Hints : [1] Click the icon table to view the Entitlement detail page. Last Dividend Reported-- Q3 2018 (Millions. 00% Perpetual Capital Securities, which will be due on 28 May 2018. The only news I can find is dividend in specie of hyflux shop shares and Olivia Lum now making a cash offer which is a sick joke Anyone know What's the real reason behind this crash in ps? 20-02-2018, 12:13 PM. THE BUSINESS TIMES Hyflux - Find Hyflux News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. Editor's note: This article first appeared in the 15 June 2018 edition of Take Stock Singapore Water treatment facilities owner and operator, Hyflux Ltd (SGX: 600), has been in the news lately for all the wrong reasons. I made some good money from Hyflux Water Trust and also Sound Global (aka E-pure) in the past. Hyflux perpetual bond price when last traded: $0. 09 Total Return: -41. 4 Billion which is the Tuas Spring plant it is trying to sell. Hyflux Case Study - Link. 7 Singapore cents in FY2015. 80 on 20 February 2018. The Q1 2018 payment date is on 30 May 2018. Commentary: The fall of once-great Hyflux, a unicorn in the Singapore story. May: Hyflux petitions to the High Court for supervision of its business and debt reorganisation, citing "increasing strain on the group's finances" and "short-term liquidity constraints". Stock analysis for Hyflux Ltd (HYF:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Hyflux did not pay dividends for their shares, but continued to pay dividends for both the retail bonds. As many know, I rarely go out of my way to call out really trashy investments, because let's face it, a lot of investors are irrational and will gladly and happily buy up stupid shit. In 2011, Hyflux issued $200 million of "preference shares" to the public , promised a 6% interest returns. First up we have Berkeley Group, a property name from the UK. HYFLUX LTD (600. In any case, this has now become a moot point given that HYF is protected from. We have received numerous enquiries about these two instruments issued by Hyflux. There is also a 3% dividend payment on 25 Apr. Hyflux's dividends per share for the three months ended in Sep. 10 Years Consistent SGX Dividend Stocks This is a list of 10 years consistent SGX dividend stocks. Toggle navigation. Made some pocket money trading shares of Hyflux too. 8 per cent stake in Hyflux's smaller consumer water business, Hyfluxshop. 2018: Not Bullish on Singapore Corporate Bonds. 40 cents (versus 2. Notes: 1 2 3 Stocks that have gone ex-dividend for more than 30 days will NOT be included in this list. Last Ex-Dividend Date: May. 51 same quarter last FY) but similar to the prior year, which is a good sign as it means the decline has now stablised. I invested the smallest amount which I possibly could as there were some elements of risk for this but it was a risk I thought I could take betting on the sale of TuasSpring to redeem. However, dividend yields can be high when a company is facing financial. 500 Payouts since then: $0. The perpetual and preference shareholders are owed $900 million. quarterly cash flow by MarketWatch. SI) Bloggers Say Hyflux Stock Info HYFLUX LTD Stock Info SGX Listed HYFLUX LTD (SGX:600) Stock Info 600. Hyflux came under the scrutiny of the Securities. 9 May 2018: 1Q Financial Results 2018: 27 Apr 2018: Annual General Meeting: 1 Feb 2018: Extraordinary General Meeting: 9 Nov 2017: 3Q Financial Results 2017: 3 Aug 2017: 2Q Financial Results 2017: 25 May 2017: Final Dividend Payment Date: 11 May 2017: Book Closure Date for Final Dividend: 4 May 2017: 1Q Financial Results 2017: 28 Apr 2017. This was the week Hyflux perp ipo 2016. Here are eight things I learned from the 2019 Keppel Infrastructure Trust: 1. 1783 2018-02-05 2018-02-15 DIV IN SPECIE SGD 0. As pointed out in a Shares Investment article dated 02 November 2018, I quoted from 19 October 2018 Business Times (BT) article that the entire Hyflux group had bank debts at about $1. 7 Singapore cents in FY2015. Frasers Commercial Trust - announced a drop in 2Q DPU of 2. Recently Tong Kooi Ong, the boss of The Edge, wrote about it. See the upcoming ex dividend date and dividend history for Hersha Hospitality Trust (HT). 8% industry average 1. Hyflux Ltd through its subsidiaries is engaged in seawater desalination, raw water purification, wastewater cleaning, water recycling, water reclamation and ultra-pure water production for municipal and industrial clients as well as home consumer, filtration, and purification products. This is beneficial to Hyflux. With the minimum purchase under the public offer of 100 shares, retail investors who missed out on the shares in the ballot would have had to fork out some $300 more yesterday for the same number of shares. Income Statement for Hyflux Ltd ADR (HYFXY) - view income statements, balance sheet, cash flow, and key financial ratios for Hyflux Ltd ADR and all the companies you research at NASDAQ. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. 90 per share, it was a growth company. QUESTIONS OVER TUASPRING. Here are eight things I learned from the 2019 Keppel Infrastructure Trust: 1. are expected to remain stable. Hyflux says it will partially divest Tuaspring, subject to regulatory approvals. to redeem the CSP on or after 25 April 2018 (7 years). We, at Shares Investment, decided to look into this as the price for the Hyflux 6% (CPS) Cum Preference Class A 10 dived from more than $90 on 1 February 2018 to as low as $62. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium. Hyflux 6% PerCapSec# Dividend Yields history across the years. In May 2016,the issuance of $500 million perpetual securities (BTWZ) was done at a good time for the company because the closest comparison , Hyflux Preference shares (N2H) has been trading consistently above par of $100 since its issue, even reaching $105 at one point ( current yield of 5. I think the worst case scenario is stoppage of dividend and non-calling. It operates through the Municipal and Industrial business segments. June 14, 2018 at 5:05 PM AK71 said Hi Randy, It is a good industry to be in as clean drinking water will always be an important resource. Hyflux was highly leveraged, they had a weak cash flow and was taking on more debt to pay off existing debt and added further financial burden to their liabilities. We have used the same criteria over the years which is free cashflow, EBIT margins, ROE and the dividend yield. Its dividends per share for the trailing twelve months (TTM) ended in Sep. I am happy to see some other bloggers have started to show how much dividend they will be collecting, it's really encouraging to see some had seen their dividend amount increased much on Y. As the dividend payout is higher than its profitability, it would need to pay the access from its retained earnings. That's a total of 8% + 3% = 11% in 3 months. To me, the entire exercise benefits Hyflux. To effect the distribution, Hyflux will appropriate about $14 million out of its retained profits to meet the amount of dividend to be declared. Here is the table for some other form of corporate action. Hyflux announced on 10 May 2018 of a coupon payment to BTWZ. News emerged on the evening of 22 May 2018 that the Singapore-based water treatment firm, Hyflux Ltd (SGX: 600), has applied to the High Court to commence a court-supervised process to reorganise its liabilities and businesses. June 14, 2018 at 5:05 PM AK71 said Hi Randy, It is a good industry to be in as clean drinking water will always be an important resource. On Sept 19, Hyflux and three of its subsidiaries applied to the court to extend their debt moratorium by another two months until November. For pt 4 of the bad part, I doubt anyone will want to buy the pref shares if it is trading significantly above $100, bearing in mind that hyflux can just call back the share in 2018 (if i remb correctly)and pay you back $100. The Municipal segment supplies a range of infrastructure solutions. The Hyflux restructuring plan unveiled For every S$1,000 invested, a holder of Hyflux’s perpetual securities and preference shares will recover S$106. 2018 Dividend List - Part 1 The time of the year has come to review the annual dividend list, this year we are breaking up to list into more parts so that we can discuss more names. Updates On Reorganisation Process - Application For Extension Of Moratorium. Hyflux Perps - My thoughts Some readers asked for my views on the Hyflux Perps, so let me share some of my thoughts as a perp holder (not shareholder of Hyflux):. Hyflux's preference shares are bond like instruments which gives the holders a fixed dividend payout at each time period (6% for Hyflux's case). In any case, this has now become a moot point given that HYF is protected from. Excerpts from Lim & Tan Securities report: Avi-tech’s market cap is $46. 7 Singapore cents in FY2015. On 22 May 2018, Hyflux Ltd and some of its subsidiaries, including Hyflux Engineering Pte Ltd, the operator of SingSpring, applied to the Singapore High Court to commence a court supervised process to reorganise their liabilities and business pursuant to Section 211B(1) of the Singapore Companies Act. 9 billion in dividends, a jump of 29 per cent, to shareholders this year, said financial data provider IHS Markit. Yeah !! Is time to update my dividend & interest income to be collected in 4th Qtr 2018. They may also be redeemed partially in Apr 2018 if Hyflux so desires. Cumulative preferred stock is a type of preferred stock with a provision that stipulates that if any dividend payments have been missed in the past, the dividends owed must be paid out to. Hyflux Dividend Yield % explanation, calculation, historical data and more Hyflux Dividend Yield % | SGX:600 - GuruFocus. Want to know what others say about Hyflux 6% PerCapSec#? It's FREE to post and participate in Hyflux 6% PerCapSec#'s discussion. Quite simply, it was generating free cash flow in excess of its dividend payout. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. After the. 7% for half year interim and if extrapolated, represents an expected 7. On 22 May 2018, Hyflux Limited and a number of subsidiaries filed for court protection from creditors. 40 cents (versus 2. I made some good money from Hyflux Water Trust and also Sound Global (aka E-pure) in the past. As many know, I rarely go out of my way to call out really trashy investments, because let's face it, a lot of investors are irrational and will gladly and happily buy up stupid shit. 40 cent range. If ever Hyflux survives, they should all be changed. Hyflux has been planning to divest up to 70 per cent of loss-making Tuaspring since February last year. You can apply the same method to get the average dividends per share growth rate. its 2018 sale process during the moratorium did not yield a similar bid. Hyflux is planning to distribute 70 per cent of the stock in Hyfluxshop Holdings to existing shareholders, on the basis of one Hyfluxshop share for every 10 Hyflux shares held, at no cost to them. The total number of issued units as at 2019 and 31 30 Junecember De 2018 were 4,994,391,069 and 3,858,298,065 respectively. Take a look at the Dividend Stock Tracker to compare against existing dividend yielding stocks. But is that a fair warning for a S$916 million asset impairment in the first nine months of 2018? Hyflux was a homegrown success. It did not mention that in February 2018, she received a dividend in specie, amounting to a 23. is an investment holding company, which engages in providing water and energy solutions for communities and industries. Am I correct in understanding that a Scrip Dividend involves the issue of new shares instead of the purchase of existing shares? Does this mean that if I don't join this program, my existing shares will be diluted every time a Scrip Dividend is paid? What is the benefit to the company of issuing Scrip Dividends?. (2) Under "Dividend Value", please note preference shareholders' entitlements to a cumulative preferential dividend at 6% per annum on the Liquidation Preference of each Preference Shares, calculated on the basis 182 days from (and including) 25 October 2017 to (but excluding) 25 April 2018 (being the relevant dividend period). Hyflux Price: This is the Price-site for the company Hyflux on Markets Insider. Hi everyone, Hyflux has earlier listed their perpetual capital which yield at 6% initially. It also managed to sustain its dividend yield at about 6. 8 per cent stake in Hyflux's smaller consumer water business, Hyfluxshop. However, the news that Hyflux is issuing preference shares with an annual dividend rate of 6% is somewhat surprising to me. Hyflux 6% CPS# Hyflux 6% PerCapSec# Hyphens Pharma. During the past 13 years, the highest Trailing Annual Dividend Yield of Hyflux. CRTC is a good buy. Aiya Uncle8888, you should be getting fat dividends from Keppel & Sembcorp lah :) Plus u still got quite a bit of DBS left? Cut loss, yes but must also know when to buy back in mah For individual blue chips, I try to have -15% or -20% trailing stops. Announcements & News Releases Sign up for Hyflux News All Months Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001. Dividend/ Distribution paid in Scrip/ Unit Shareholders whose Securities Accounts with CDP are credited with Hyflux Shares at 5. In 2018, Feb - I begun to be quite concerned about the falling price of both Hyflux (mainboard shares) and the price of the perps. Will Hyflux still be the same after this issue? We leave you with the following analysis by Hedge X of The Hedgehog to tell you the story 🙂. Stock analysis for Malayan Banking Bhd (MAY:Bursa Malays) including stock price, stock chart, company news, key statistics, fundamentals and company profile.