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    Investment

    Scheduled Pinned Locked Moved Money Matters
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    • starlight1968sgS Offline
      starlight1968sg
      last edited by

      kitty2:
      Ikonfx.com anyone knows anything about this investment? A friend just recommended it to me and said is a safe investment :). Any feedback?

      I have not heard of it, noting I know nuts abt investment.
      If it is too gd to be true, then better avoid.

      1 Reply Last reply Reply Quote 0
      • R Offline
        ryuunix
        last edited by

        You have to define what it means by "safe". Do you mean securement of your funds in this platform, or returns or what? You will need to understand the nature of fx to understand its risk. If you talk about securement of funds, there is always a chance of illiquid, depending on the volume transacting. If you are talking about the returns, forex itself is high risk, although there are people out there teaching you how to get better steady returns and etc.


        Well, the fact is there are always people who wins and losses. thats this game. The website that you put down is a broker based platform. For brokers, they will always gain whether you sell or buy. What they are transacting though (whether is it real or fake), I do not have the reviews.

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        • K Offline
          kitty2
          last edited by

          ryuunix:
          You have to define what it means by \"safe\". Do you mean securement of your funds in this platform, or returns or what? You will need to understand the nature of fx to understand its risk. If you talk about securement of funds, there is always a chance of illiquid, depending on the volume transacting. If you are talking about the returns, forex itself is high risk, although there are people out there teaching you how to get better steady returns and etc.


          Well, the fact is there are always people who wins and losses. thats this game. The website that you put down is a broker based platform. For brokers, they will always gain whether you sell or buy. What they are transacting though (whether is it real or fake), I do not have the reviews.

          :thankyou: she told me the fund is secured with 5% return if anything happens. I am clueless with such investment 🙂

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          • R Offline
            ryuunix
            last edited by

            Kitty

            In Singapore there are only a few entities that can gives guaranteed returns due to their financial backing (with due d done by Mas). These are usually either banks or insurance companies. Other than that, it’s usually not "secured" unless they mean by past returns. Most alt investments don’t have policy wordings one, so there’s no clause to give securement. There may be disclaimer, so do read it. Check that the company is approved by Mas to deal it’s financial products first.

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            • K Offline
              kitty2
              last edited by

              ryuunix:
              Kitty

              In Singapore there are only a few entities that can gives guaranteed returns due to their financial backing (with due d done by Mas). These are usually either banks or insurance companies. Other than that, it's usually not \"secured\" unless they mean by past returns. Most alt investments don't have policy wordings one, so there's no clause to give securement. There may be disclaimer, so do read it. Check that the company is approved by Mas to deal it's financial products first.

              :thankyou: for your advice

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              • N Offline
                ngl2010
                last edited by

                What do you think of Hyflux 6% perpetual bond?

                1 Reply Last reply Reply Quote 0
                • lee_ylL Offline
                  lee_yl
                  last edited by

                  ngl2010:
                  What do you think of Hyflux 6% perpetual bond?

                  When we received the email, we quickly called to get the placement shares but were informed that the placement had been fully taken up within hours! Can try your luck with the retail tranche.

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                  • MyPillowM Offline
                    MyPillow
                    last edited by

                    lee_yl:
                    ngl2010:

                    What do you think of Hyflux 6% perpetual bond?


                    When we received the email, we quickly called to get the placement shares but were informed that the placement had been fully taken up within hours! Can try your luck with the retail tranche.

                    Which is the part tat attract you?
                    i thought Heflux debt ratio is not common percentage range , high side

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                    • lee_ylL Offline
                      lee_yl
                      last edited by

                      MyPillow:
                      lee_yl:

                      [quote=\"ngl2010\"]What do you think of Hyflux 6% perpetual bond?


                      When we received the email, we quickly called to get the placement shares but were informed that the placement had been fully taken up within hours! Can try your luck with the retail tranche.

                      Which is the part tat attract you?
                      i thought Heflux debt ratio is not common percentage range , high side[/quote]The 6% is attractive plus Hyflux's perfect record of paying and retiring its bonds in a timely manner. (Ok, ok... Raising this bond is to retire two earlier bonds due this year)

                      It would appear that Hyflux is pursuing growth funded by debt and it appears logical under the current low interest rate environment. Given Hyflux's name, other options could include issuing more shares or spinning some of its water plants into a business trust, so the downside risks appear manageable.

                      Disclaimer: Do own homework before committing.

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