As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

Currently; it about 54% to destination!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Value Investing
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Saturday, 20 June 2020

Now Retail Remember Hyflux As Great Sinner???


But, to be fair to Hyflux who was once a Hero in her past glory!

 Read? Lost Your Money In Hyflux???


 Olivia's billionaire dream has became her nightmare!

 Yes. Uncle8888 also believe in Olivia's dream; but in real life sweet dream can turn to nightmare! 

 That is life! We have fatal accidents, heart attacks, strokes and cancers.

 That is why is always about position sizing and money management so that in the worst case scenario we don't end up with suicidal thoughts to get out!

 Hyflux is now a $270 million company, and Lum's biggest challenge will be to sustain its rapid growth. "There are further good years ahead," says Kerryn Tay, an analyst at GK Goh Research in Singapore, pointing to growing demand for Hyflux's products in China and government support at home. For her part, the hardworking Lum wants Hyflux to be worth $3 billion within five years. Grandma would approve

 Read? Hyflux: Won more projects in China
Posted by Createwealth8888 at 08:43
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1 comment:

  1. Createwealth888827 June 2020 at 10:19:00 GMT+8

    Wah! Still believe in Olivia's dream? Nice!

    Mr Widjaja further stated, among other things, that he would not consider making this investment if the current management of Hyflux, including Olivia Lum and the board of directors are removed, or if any member of the group is placed into judicial management or liquidation.

    He also provided a letter from an Indonesian bank to confirm that he has the necessary funds available and is willing to use the funds for the investment in the company.

    ReplyDelete

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