14-05-2012, 10:47 PM
(14-05-2012, 02:56 PM)Eastman1448 Wrote:(02-12-2011, 10:59 PM)d.o.g. Wrote:corydorus Wrote:And then Hyflux starts divident on the 9th years. Do PS Holders still be entitled and in full ?
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With the current price of $105.7, it still yields a dividend of 5.7%, any downside?
A few months ago, in an interview with warren buffett, he mentioned that all bonds should come with a warning label. Preference shares rank below bonds, perhaps we should be really careful with fixed income securities.
I guess we cant be too wrong if we listen to the advice of buffett.