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Hyflux
09-04-2018, 09:21 PM,
Post: #271
RE: Hyflux
Recently I read ttj want join in the power party...wonder if they are still pursuing this silly idea in sg

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09-04-2018, 10:36 PM,
Post: #272
RE: Hyflux
(09-04-2018, 09:21 PM)pianist Wrote: Recently I read ttj want join in the power party...wonder if they are still pursuing this silly idea in sg

yes, it's called TTJ Green.... a matter of fact, their plant could be overseas though... :O :O :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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10-04-2018, 12:46 AM,
Post: #273
RE: Hyflux
(09-04-2018, 10:36 PM)brattzz Wrote:
(09-04-2018, 09:21 PM)pianist Wrote: Recently I read ttj want join in the power party...wonder if they are still pursuing this silly idea in sg

yes, it's called TTJ Green.... a matter of fact, their plant could be overseas though... :O :O :O
power plants won't make monies..even if they do ...they are controlled by higher authority...lol

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10-04-2018, 09:00 AM,
Post: #274
RE: Hyflux
Quote:1) Most are in the red for only a year or two. Only Tuaspring has been in the red since it started for the past 5 years. With the exception of Tuaspring, the rest of the gencos should be able to survive more than a few years.

The power plant was only connected in Aug 2015 and commissioned in 2016. So, it is also in red for last two years.

https://www.water-technology.net/project...wer-plant/

More interestingly, the financial aspect of the plant.


Financing Singapore’s biggest desalination plant

The total cost for the construction of the integrated desalination and power plant is S$890m ($635m approximately).

The project received a $14.4m buyer’s credit loan from the Japan Bank for International Cooperation (JBIC) in June 2014, to finance the desalination components acquired from Japanese suppliers.

In May 2013, Hydrochem signed a $139m export credit financing agreement with KfW-IPEX Bank to fund the power plant. The financing facility is guaranteed by Euler Hermes Deutschland.

An S$720m ($512m) 18-year term loan for the integrated project was provided by Maybank Singapore and Maybank Kim Eng Securities. The project also received a S$150m ($106m approximately) fund from DBS Bank, Mizuho Corporate Bank, and Sumitomo Mitsui Banking Corporation.


Practically speaking, the idea of combining both a power plant and desalination plant is a good idea since the water supply can continue even though there is a power grid failure.

But, on hindsight, they should have a smaller power generator. Apparently, selling to the grid is not that a great idea now.

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10-04-2018, 11:17 AM,
Post: #275
RE: Hyflux
(10-04-2018, 09:00 AM)yeokiwi Wrote:
Quote:1) Most are in the red for only a year or two. Only Tuaspring has been in the red since it started for the past 5 years. With the exception of Tuaspring, the rest of the gencos should be able to survive more than a few years.

The power plant was only connected in Aug 2015 and commissioned in 2016. So, it is also in red for last two years.

https://www.water-technology.net/project...wer-plant/

More interestingly, the financial aspect of the plant.


Financing Singapore’s biggest desalination plant

The total cost for the construction of the integrated desalination and power plant is S$890m ($635m approximately).

The project received a $14.4m buyer’s credit loan from the Japan Bank for International Cooperation (JBIC) in June 2014, to finance the desalination components acquired from Japanese suppliers.

In May 2013, Hydrochem signed a $139m export credit financing agreement with KfW-IPEX Bank to fund the power plant. The financing facility is guaranteed by Euler Hermes Deutschland.

An S$720m ($512m) 18-year term loan for the integrated project was provided by Maybank Singapore and Maybank Kim Eng Securities. The project also received a S$150m ($106m approximately) fund from DBS Bank, Mizuho Corporate Bank, and Sumitomo Mitsui Banking Corporation.


Practically speaking, the idea of combining both a power plant and desalination plant is a good idea since the water supply can continue even though there is a power grid failure.

But, on hindsight, they should have a smaller power generator. Apparently, selling to the grid is not that a great idea now.


interesting indeed, thanks for the link. did i read the numbers correctly?

counting in M usd:
construction cost = 635
japan bank loan = 14.4
KfW-IPEX Bank = 139
[i]18-year term loan = 512[/i]
[i][i]fund from DBS Bank etc. = 106[/i][/i]
[i][i]adding last 4 items together, [/i][/i][i][i]funds obtained = 771.4[/i][/i]

in any case, i take term loan alone, 512/635 makes 80% leverage...that's impressive.

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10-04-2018, 11:32 PM, (This post was last modified: 10-04-2018, 11:39 PM by corydorus.)
Post: #276
RE: Hyflux
I don't see any reason to save anyone. Business is not charity. We have seen quite a few collapse in Bonds already.
Worst come to worst, it will be taken over at collapsed value. The plant still can continue to be ran just under different ownership or special management if needed for national security. So I think the likely recourse is for Hyflux to save itself. That's imo. Sure, I could be totally wrong.


Not vested

Just my Diary
corylogics.blogspot.com/



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11-04-2018, 08:05 AM,
Post: #277
RE: Hyflux
^^ true that. You can change the Structure and the Asset & Business remains

Unless it’s systemic or disruptive, Govt may have to intervene to provide smooth transition but we have excess in power. So I do believe in intervention but have to be balanced and not also to the other extreme of unbridled capitalism
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

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