Perp Talk

Foreword from ShareInvestor
This article “Perp Talk” by Lorna Tan was first published in The Straits Times on 24 Jun 2018 and is reproduced in this blog in its entirety.
Perpetual securities should not be confused with conventional bonds and should be considered with caution
The recent trading suspension of perpetual securities (perps) issued by …

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Ups And Downs When Investing In Perpetual Securities

Foreword from ShareInvestor
This article “Ups And Downs When Investing In Perpetual Securities” by Lorna Tan was first published in The Sunday Times on 24 Jun 2018 and is reproduced in this blog in its entirety.
While they offer higher coupons, they come with interest-rate and credit risks
Perpetual securities (perps) have been making …

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Can Hyflux Retire Its Preference Shares Before They Get Dearer?

Foreword from ShareInvestor
This article “Can Hyflux Retire Its Preference Shares Before They Get Dearer?” by Marissa Lee was first published in The Straits Times on 04 Feb 2018 and is reproduced in this blog in its entirety.
It can service its perps only through divestments – therein lies the hurdle
Like me, investors who are sniffing …

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