Thursday, December 22, 2016

Hyflux - Deal Lost for Desalination Plant

I had alert everyone who read my blog on Hyflux on Dec 20th, Tuesday, when Hyflux hit a peak of 0.57 at 10am in the morning. Click and read that post below.

Today, Keppel Corp announced that Keppel Infrastructure selected as the preferred bidder by PUB, Singapore's national water agency, to design and build Singapore's fourth desalination plant as well as own and operate it for 25 years. That brought bad news for Hyflux and the stock tanked to a low of 0.515. The problem is when news was released, the meat to show reduced tremendously and to make $, one have to short before the news is out.

I am just so happy for this student of mine who did a quick scalp in Hyflux and made $300 without suffering this big drop. Thanks for the message and continue your good work. Skills is not good is ok, but at least you are trying and slowing reaching your personal goals. Keep it up!

Ronald K - Market Psychologist - A Stock Market Opportunist