High tide for Hyflux?
- From: Vol 6, Issue 6 (June 2005)
- Category: Companies
- Region: Asia
- Country:
- Related Companies: DBS Vickers, GK Goh, Hydrochem Engineering, Hyflux, Istithmar, Nakheel, Phillips Securities, Shouren Group, UOB Kay Hian Securities and Westcomb Financial
Hyflux shares have risen nearly 50% this year. Some analysts are starting to suffer from vertigo.
It has been a hectic six months for Hyflux, with new JVs, bids and deal announcements from China to the Middle East, super-optimistic forecasts and sky high stock prices, with the Hyflux share price hitting a fresh 52-week high of S$3.98 on 1 June.
Following the signing of the latest Hyflux growth promise (a US$420 million water ...
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