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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore, pop over and join in the fun.

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29-11-2017, 12:40 PM

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An honorable member of the Coffee Shop Has Just Posted the Following:

Make 24%pa, as good as credit card companies

Some people faced margin-calls and forced to offload multi-millions worth of Hyflux Preference Shares (Important Note: Stock Code N2H). However, there is little liquidity in Singapore market and it sent the prices of N2H crashing to 92-93 level recently.

Assuming if you buy at 93 (including commission) + another 3% semi-annual interests, you reap 10% five months when Hyflux redeems these preference shares in April 2018 at par (100). It is...

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