No need name. A person educated in the Pioneer and Merdeka generation. Singapore Edu has been watered down to volumes of low average quality content. Window dressing awards and dull intellect. Shaping the future of modern day attendants at the work place, including management, board of directors, all the way down to the receptionist.
in my humble opinion, if you can prove that the company has not disclose information as required , then you can say that the company is guilty. or else... shareholders, who hold the lowest priority of claim, can't do much about their losses.
Noting to do with the pap, Govt needs to put their citizens first. Using taxpayers money to bail out companies is a no-no. The Govt has done the right thing to take back the water desalination plant to ensure we hv drinking water and not bail out a nonsensical company that does not know how to manage their finance well and over-leverage.
When you buy stocks, you research the company. Or you end up like this. Its called due diligence. Non investors who make fun beware. Not all your money can be withdrawn in event of a bank run. Learn from this mans mistakes.
The current govt. mess it up with all these privatization of a strategic asset : Water source. However, the govt must NOT in anyway reimburse these private investors when things go wrong bec there are always risks involved in any private enterprise. This bunch is not fighting to narrow income gaps or to lower living costs for the ordinary people. They generally benefited from the govt. policies and rulings and now that they've bitten off more than they can chew, they start to moan and groan abt their potential losses.You reap what you sow.
You have to be responsible for you own investments. The government must not bail out Hyflux. The government must not usw public funds to save failed investments. No one guaranteed the Hyflux investments.
Government allow such company to come in and let loose on public. If not this guy, then it will be another guy. Any way, there is no stopping the public as a whole from gambling off $900m. Go ahead and blame this guy for his own loss. But you're missing the systemic issue if you think the authorities get to wash their hands clean.
Self preservation will eventually make the native citizens extinct replaced by the 5million new citizens. I am confident of my prophecy. Self preservation means no democracy. Do you need me to explain? No democracy when no people power. No people power because of loose sands. Loose sands because of self preservation. The poison for democracy is self preservation. The politicians just need to prey on your selfishness.
My advice to the investors. Just say BOH BIAN lor. Boh Bian means no choice. You just psycho yourselves that this is no choice one. Once you manage to psycho yourselves, you will come to accept your losses and still feel life is good. Enjoy your kopi . Boh Bian is the best invention . It makes you accept adverse conditions. Simi LJ also should accept by saying Boh Bian lah, what to do? Let's move on.
LOL. I was never greedy. I put my money in fixed deposit. You have to understand the full risks involved before investing. Each is responsible for their own stupidity, nobody to blame but yourself.
this is why you should never in singapore stocks. invest your money abroad, not in singapore. It seems to me that the older generation investors has yet to learn this lesson
This poor turnout gives confidence to future financial investment fiascos. Very encouraging. This land has super weak people power . Self preservation led to extinction ironically
In SG, successive CEOs of SMRT has no experience in train operations and the system has been plagued with endless problems. The CEO of Neptune Orient Lines, before it was sold, has no experience in the shipping business and ran it to the ground. The pay they are getting would be able to attract the best talented specialist from the respective fields in the world.
@@pc5826 LHL is a PM and why did he said he can be your financial planner in one of the forum. What is he talking about if you are a PM already? What a stupid brain he has? If he the PM really wanted to help Singaporean he should share the big cake by giving more dividend or interest from GLC instead having the cake by themselves and PAP members. He is taking Singaporean for a ride. Lets vote for change or we will be suffering the rest of our life struggling to pay GST and higher cost of living.
@@sadikali8121 no GST, you fork out for the budjet for the poor etcs ok? Dont keep on blaming the govt. Ask yourself what can you do for the country instead of asking the country what they can do for you.
@@musiclifenatureandtravelsb9178 I and my 3sons did NS and we pay taxes. For the govt it is easy just impose higher taxes GST and their budget and reserves goes up but did they really spend for the development and to the people especially the aged. If you don't complain they will take your CPF money for futher ride to make more profit, big fat salary and bonuses. They made used of CPF for GLC and Temasek and became shareholder. Every year they took the salary bonuses dividend and interest. These made them very much richer while the CPF contributors received 2.5%. I think you are PAP balls polisher.
@@musiclifenatureandtravelsb9178 All Singaporean contributed to the nation building especially the private sector. We pay taxes for development of roads water electricity airports ports etc. and private sector built offices hotels shops warehouses etc. The govt is becoming easier just impose higher taxes and GST and they can enjoy every budget.
Stupid investor. When make tonnes of money... very quiet and not sharing When loosing money...... telling the whole Singaporean asking sympathy and asking all Singaporean to join their protest. Go and fly kite .... looser
"Under normal circumstances, i would NOT bother to come for such events!" LOL! 😂 Sir, where were you during protests whene ordinary folks such as myself were fighting for your rights? 😪 6.9million PWP? Return our CPF? 30% water price? Rigged Presidential Election? Where's the accountability in S'pore?
you did not mention your name. Kudos to you. You made a very coherent and impressive debate on this debacle. There is something inherently wrong with the risk management of a high profile local public listed company. Someone higher up from the Stock Exchange or MAS or governing bodies of public listed watch dog etc should provide a answer for this fiasco.
The signs were there when the Hyflux Bond price collapsed few years earlier. Hyflux cash flows were also negative for the past few years..The risks were in plain sight.. Had off-loaded those bonds with acceptable losses immediately. Risk management is key..Perhaps some were expecting the gov to step in. For rest of singaporean to ‘chip in’ if the company keel over..
A layman , aka unsophisticated insurance customers, also do not fully understand the legal jargon in the insurance contract. Its all like this. This world we accepted. There is a reason why they use legal jargons. Lawyers are also highly valuable
Sad.Hard earned savings gone down the drain.Do not fall for Govt. backed companies that promise 6% p.a returns. The interest of these minority shareholders should be considered,too.
No amount of noise gonna change anything. Just accept it as a poor judgement or bad investment. In the share market , there are bound to be winners or losers. There is no guarantee that there is no risk. High returns always come with high risks.
2008 and earlier financial crisis did nothing to improve the awareness of these retail investors to understand that there are always risk in any sort of investments. Just admit it, you think it is a safe bet because it has everything to do with water technology, a key survivor component of Singapore's livelihood. Therefore it is a sure win. In hind sight, CPF gives you an annual return of possible 4% but is not guaranteed as well much better than the 3% ROI you have worked out. Apparently more lessons are needed.
I see in the newspaper, someone state that they invest huflux is because the investor told them that temasek holding invested too. In the past, people keep saying temasek somehow had goes wrong on certain investment which cause them to lose money, then why do people still think that the company that temasek chose to invest is diligent choice? I am totally confused. But at least, because of hyflux incident, it can prove that temasek choice is not alway diligent. But I would like to clarify, is the news state in the newspaper that temasek had invested in hyflux, is a true news? Because nowsday, news is consist of true and or fake. Confuse.....(+_+)
Precisely! Least sophisticated, but most greedy. Want the upside without the downside. Investing means you win some, you lose some. In this Hyflux case, it just happens to be the latter. That's life, so don't complain.
This guy admits in his intro that he has NEVER attended a protest, & sounds like he has voted for PAP all his life, but now he expects PAP to give him back his invested money.. 😭
Temasek Holdings is no longer a safe bet..blame yourself for that kind of mentality thinking it's safe and guaranteed bet just because a branch of the Government body had invested in Hyflux..
@Martin Lee In order for them to get help they must first protest. A protest in large numbers will get them the help . In this case, the people dare not even protest. If you don't protest you are saying there is no issue
@Martin Lee What I said was, these people have never spoken out for others why should anyone speak out for them? They have a the-world-owes-them-a-living stupid thinking
The poor turnout shows that the investors do not want their money back? Or too afraid to demand for it? Unable to afford people power? Only in Singapore. Legalised protest area also they won't show up.
I love seeing Singaporeans so triggered and speaking so loudly in public. But this is only when their money is affected. But only a few dare to turn up. This proves FEAR . I am not saying they are timid. That's not nice to say about Singaporeans.
I lost 800k in various shares , but i kept quiet and blamed myself , this is because , i made profits in the past , i never gave to anyone , any single cents 😁
128views. Haha haha. 笑死人!!! This proves that Singaporeans are not interested . Do you think this funny "protest" will have any effect? It's very likely the investors will lose all or most of their life savings. This is a expensive lesson they have gained from this lesson. These investors never learnt from mini bond saga
Nabei uncle, from the way u speak n the words u used, u r in no way not a sophisticated investor. In fact u might be a damn shrewd investor all ur life until u stepped on this pile of poo.
Who is this man? He speaks better than most of the ministers at Parliament.
No need name. A person educated in the Pioneer and Merdeka generation. Singapore Edu has been watered down to volumes of low average quality content. Window dressing awards and dull intellect. Shaping the future of modern day attendants at the work place, including management, board of directors, all the way down to the receptionist.
Someone who also kenna some fingers burnt by hyflux lah. Lol
like any investment. No Risk management is your own fault. Either you gona learn them early or later in life. Good luck HYFLUX investor
HYFLUX management screwed up the business. Hold them accountable.
Teck Hoh Ng wow! Speak like a good man. Hey!!! Hyflux make money , dividend payout and you return it to them and say good job! Make more money! Lol
in my humble opinion, if you can prove that the company has not disclose information as required , then you can say that the company is guilty. or else... shareholders, who hold the lowest priority of claim, can't do much about their losses.
Well said bruh!!! Perfectly reasonable to expect old people to be well versed with risk management. They deserve to be harshly punished.
Noting to do with the pap, Govt needs to put their citizens first. Using taxpayers money to bail out companies is a no-no. The Govt has done the right thing to take back the water desalination plant to ensure we hv drinking water and not bail out a nonsensical company that does not know how to manage their finance well and over-leverage.
When you buy stocks, you research the company. Or you end up like this. Its called due diligence. Non investors who make fun beware. Not all your money can be withdrawn in event of a bank run. Learn from this mans mistakes.
The current govt. mess it up with all these privatization of a strategic asset : Water source. However, the govt must NOT in anyway reimburse these private investors when things go wrong bec there are always risks involved in any private enterprise. This bunch is not fighting to narrow income gaps or to lower living costs for the ordinary people. They generally benefited from the govt. policies and rulings and now that they've bitten off more than they can chew, they start to moan and groan abt their potential losses.You reap what you sow.
Which country was it reported having the Happiest people on the planet? What a wonderful..... world!
You have to be responsible for you own investments. The government must not bail out Hyflux. The government must not usw public funds to save failed investments. No one guaranteed the Hyflux investments.
Gamble = Win or lose. Don't blame anyone.
Government allow such company to come in and let loose on public. If not this guy, then it will be another guy. Any way, there is no stopping the public as a whole from gambling off $900m.
Go ahead and blame this guy for his own loss. But you're missing the systemic issue if you think the authorities get to wash their hands clean.
"'Hmmm...!!!"'🙄🤔 U cld be right...!!!😐
When it started ,I already knew it won't last ..the CEO hv no accountability....
female 'CEO' lol.
Coincidentally, out of 47% sgrean employees in Singapore who are those unable to meet the minimum sum, also 99.99% of them rather die than protest.
This is a biz matter not politic.
@@kennylee9413 then why 30k peasants never dare to show face? 300 is not 30k
SO SAD & SORRY TO SEE THE COUNTRY OF MY BIRTH FALL INTO SUCH DISARRAY.
Self preservation will eventually make the native citizens extinct replaced by the 5million new citizens. I am confident of my prophecy. Self preservation means no democracy. Do you need me to explain? No democracy when no people power. No people power because of loose sands. Loose sands because of self preservation. The poison for democracy is self preservation. The politicians just need to prey on your selfishness.
Me too!!! All cheating and cheating for $$$$
My advice to the investors. Just say BOH BIAN lor. Boh Bian means no choice. You just psycho yourselves that this is no choice one. Once you manage to psycho yourselves, you will come to accept your losses and still feel life is good. Enjoy your kopi . Boh Bian is the best invention . It makes you accept adverse conditions. Simi LJ also should accept by saying Boh Bian lah, what to do? Let's move on.
Yuppp...!!! I agreed...!!! In hokkien, say 'Lan-lan...!!!'🙄😬😶
LOL. I was never greedy. I put my money in fixed deposit. You have to understand the full risks involved before investing. Each is responsible for their own stupidity, nobody to blame but yourself.
These investors have been taken for a ride.Its like putting money in a casino game. What a shame to the top management of the Company.
"'Hmmm...!!!"'🙄🤔 Point noted...!!!😐
this is why you should never in singapore stocks. invest your money abroad, not in singapore. It seems to me that the older generation investors has yet to learn this lesson
Singapore reits still okay tho...
Yah lor...!!!😬
This poor turnout gives confidence to future financial investment fiascos. Very encouraging. This land has super weak people power . Self preservation led to extinction ironically
Why do you all follow Temasek prediction? The CEO has no experience abt water business and as such the water does not flow but became polluted.
In SG, successive CEOs of SMRT has no experience in train operations and the system has been plagued with endless problems. The CEO of Neptune Orient Lines, before it was sold, has no experience in the shipping business and ran it to the ground. The pay they are getting would be able to attract the best talented specialist from the respective fields in the world.
@@pc5826 LHL is a PM and why did he said he can be your financial planner in one of the forum. What is he talking about if you are a PM already? What a stupid brain he has? If he the PM really wanted to help Singaporean he should share the big cake by giving more dividend or interest from GLC instead having the cake by themselves and PAP members. He is taking Singaporean for a ride. Lets vote for change or we will be suffering the rest of our life struggling to pay GST and higher cost of living.
@@sadikali8121 no GST, you fork out for the budjet for the poor etcs ok?
Dont keep on blaming the govt. Ask yourself what can you do for the country instead of asking the country what they can do for you.
@@musiclifenatureandtravelsb9178 I and my 3sons did NS and we pay taxes. For the govt it is easy just impose higher taxes GST and their budget and reserves goes up but did they really spend for the development and to the people especially the aged. If you don't complain they will take your CPF money for futher ride to make more profit, big fat salary and bonuses. They made used of CPF for GLC and Temasek and became shareholder. Every year they took the salary bonuses dividend and interest. These made them very much richer while the CPF contributors received 2.5%. I think you are PAP balls polisher.
@@musiclifenatureandtravelsb9178 All Singaporean contributed to the nation building especially the private sector. We pay taxes for development of roads water electricity airports ports etc. and private sector built offices hotels shops warehouses etc. The govt is becoming easier just impose higher taxes and GST and they can enjoy every budget.
10k get back 300, this is real sad story!
Pity the investors.They put their money in the high flying company Hyflux and got screwed up.Their capital will be reduced to peanuts.
Stupid investor. When make tonnes of money... very quiet and not sharing
When loosing money...... telling the whole Singaporean asking sympathy and asking all Singaporean to join their protest.
Go and fly kite .... looser
The people have spoken. 99.99% say they won't protest.
We cant blame ppl..nobody force u to invest..
True...!!!😐
No body forces you to invest..You have to take the risk of loss..
Uncle, loss the money already just blame yourself for being stupid lah.....
"Under normal circumstances, i would NOT bother to come for such events!" LOL! 😂
Sir, where were you during protests whene ordinary folks such as myself were fighting for your rights? 😪
6.9million PWP?
Return our CPF?
30% water price?
Rigged Presidential Election?
Where's the accountability in S'pore?
you did not mention your name. Kudos to you. You made a very coherent and impressive debate on this debacle. There is something inherently wrong with the risk management of a high profile local public listed company. Someone higher up from the Stock Exchange or MAS or governing bodies of public listed watch dog etc should provide a answer for this fiasco.
The signs were there when the Hyflux Bond price collapsed few years earlier. Hyflux cash flows were also negative for the past few years..The risks were in plain sight.. Had off-loaded those bonds with acceptable losses immediately. Risk management is key..Perhaps some were expecting the gov to step in. For rest of singaporean to ‘chip in’ if the company keel over..
Got money. Give some to the poor.
He speaks well. Sad. Hard earned money gone with the devils.
The loses excuse= open market electricity sale, overcapacity in the local market. Could Hyflux withdraw from the electricity market?
Every now and then, Singapore investors entertain society with their financial investment disasters. Very good for tokkok at coffeeshops lah kopi
Why still blind ?? Temasek holding already lost billion , why you all still want to take arisk ???💸💸💸💸💸💸
u blind n stupig bro , Temasek already exit Hyflux in 2005 after listing n making more than u think.
Please get some facts. Temasek holdings offloaded Hyflux before the bond was issued.
@@leowmeng7308 u making more or what are u rich aĺready by playing invest ???🤑
@@roxxyroxxy4667 Temasek earn $17.7 billion in 2017 and increase to $26.8 billion in 2018. And u say they lost billion?
Greedy for higher returns but dont want to take the risk. You cannot hv both lah.
Invest money go wrong dun ask govt to pay u back. Even banks will fail
A layman , aka unsophisticated insurance customers, also do not fully understand the legal jargon in the insurance contract. Its all like this. This world we accepted. There is a reason why they use legal jargons. Lawyers are also highly valuable
one word for the Hyflux investors
Bopian....no choice. Money gone, if you invested all your retirement fund into it, than this is your fault.
Who would they more likely vote if they lose all or most of their money? Let's make a guess. So do you wish they lose or get back their money?
When invest always look at the person who helm the company?and does the product appeal to the the consumer?sea water..
Sad.Hard earned savings gone down the drain.Do not fall for Govt. backed companies that promise 6% p.a returns. The interest of these minority shareholders should be considered,too.
What if hiflux made millions. Would this people complain
Singaporeans study well? But never learnt from mini bonds
@@roxxyroxxy4667 only 1% turned up. This shows 99% dun want their money back. These are not greedy. They are afraid. Hahaha
@@arrowstheorem1881 may be not greedy , just try to make some money but some time no luck 💸💸💸
These people CANNOT MAKE IT.
High risk High returns.
No amount of noise gonna change anything. Just accept it as a poor judgement or bad investment. In the share market , there are bound to be winners or losers. There is no guarantee that there is no risk. High returns always come with high risks.
Guess you guys voted for PAP during the elections in the past? 🤔
I dont even know what message he's trying to get through to us but he can have this talk with a friend in a coffee shop over beers.lol.
2008 and earlier financial crisis did nothing to improve the awareness of these retail investors to understand that there are always risk in any sort of investments. Just admit it, you think it is a safe bet because it has everything to do with water technology, a key survivor component of Singapore's livelihood. Therefore it is a sure win. In hind sight, CPF gives you an annual return of possible 4% but is not guaranteed as well much better than the 3% ROI you have worked out. Apparently more lessons are needed.
advice to these shareholders, go buy palantir stocks..it will rocket to 500 USD soon..i bought 5000 shares...
In Malaysia gov would hv paid these investors. Thts the difference between the 2 countries.
I see in the newspaper, someone state that they invest huflux is because the investor told them that temasek holding invested too. In the past, people keep saying temasek somehow had goes wrong on certain investment which cause them to lose money, then why do people still think that the company that temasek chose to invest is diligent choice? I am totally confused. But at least, because of hyflux incident, it can prove that temasek choice is not alway diligent. But I would like to clarify, is the news state in the newspaper that temasek had invested in hyflux, is a true news? Because nowsday, news is consist of true and or fake. Confuse.....(+_+)
Stupit right ? Temasek lost billon already why still follow them ???? Stupit greedy
If you are the least sophisticated..... you shouldn't be investing in the stock market.
Precisely! Least sophisticated, but most greedy. Want the upside without the downside. Investing means you win some, you lose some. In this Hyflux case, it just happens to be the latter. That's life, so don't complain.
Protest and venting is good, but nonetheless as a part owner of the business, you tah this loss, is correct.
This guy admits in his intro that he has NEVER attended a protest, & sounds like he has voted for PAP all his life, but now he expects PAP to give him back his invested money.. 😭
Arrest this man for unlawful assembly
What crime did he commit? He is already hurt by losing all his saving in this shady investment? Pity him.
Temasek Holdings is no longer a safe bet..blame yourself for that kind of mentality thinking it's safe and guaranteed bet just because a branch of the Government body had invested in Hyflux..
Wow, you expect high returns without risk. Amazing. If you have lobang pls tell me
Many also expect someone to speak out for them when they themselves WILL NEVER help others the same
@Martin Lee In order for them to get help they must first protest. A protest in large numbers will get them the help . In this case, the people dare not even protest. If you don't protest you are saying there is no issue
@Martin Lee What I said was, these people have never spoken out for others why should anyone speak out for them? They have a the-world-owes-them-a-living stupid thinking
high return + low risk + high uncertainty = TOTO
有反對党入国会代表人心声，
The poor turnout shows that the investors do not want their money back? Or too afraid to demand for it? Unable to afford people power? Only in Singapore. Legalised protest area also they won't show up.
That's the problem. Too shy to protest publicly. Expect others to fight for them. Typical of most Singaporeans gripped by fear of the Govt.
@@teckhohng3870 I am trying very hard not to call them hopeless but it's almost impossible
When you were making money you probably kept quiet...
You voted the PAP = pay and pay... So dont try to sound clever. Show your frustration by voting the PAA out asap.
I love seeing Singaporeans so triggered and speaking so loudly in public. But this is only when their money is affected. But only a few dare to turn up. This proves FEAR . I am not saying they are timid. That's not nice to say about Singaporeans.
I lost 800k in various shares , but i kept quiet and blamed myself , this is because , i made profits in the past , i never gave to anyone , any single cents 😁
128views. Haha haha. 笑死人!!! This proves that Singaporeans are not interested . Do you think this funny "protest" will have any effect? It's very likely the investors will lose all or most of their life savings. This is a expensive lesson they have gained from this lesson. These investors never learnt from mini bond saga
I wondered will they protest if they are getting more hahaha
These rich people got money to invest no money to lose. Funny. Poor people continue to get milk by these investors. Can sleep well tonight.
Very good english
oh my ....u mean you didn't know the structure of investor preferences and stock claims /
pls crowdfund dental for him
More and more coffeeshop investors in SG sharing coffeeshop news around
Olivia wants to kiss you uncle
poor you after all the talkibg and shouting your investment all still gone. And rubbing salt into your wounds they get you to wait 3 years.
alot of verbal posturing....so.... u wanna pass e proverbial buck to another group of investors?...
8
Nabei uncle, from the way u speak n the words u used, u r in no way not a sophisticated investor. In fact u might be a damn shrewd investor all ur life until u stepped on this pile of poo.
Why so old then come out talk 🤣
th-cam.com/video/45doYaRqvcQ/w-d-xo.html