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Raffles Edu
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pharoah88
Supreme |
30-Aug-2009 17:54
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Raffles Education has a BIG DEBT HOLE. With earnings down by 48% and weakening, Debt Repayment will be a STRAIN on Cashflow. Better STAY CLEAR UNtil earnings are BACK to previous normal level. |
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el7888
Veteran |
24-Aug-2009 21:36
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buylist
Senior |
24-Aug-2009 15:00
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will announce result tomorrow. price looks weak. or result poor?? | |||
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TuaPekGong9413
Elite |
06-Aug-2009 13:22
Yells: "deity" |
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they gona issue rights or placement, cant really remember which though...but thats why the price are up....artificial or real? up to each to believe |
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ozone2002
Supreme |
06-Aug-2009 13:17
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now 64.. | |||
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ozone2002
Supreme |
06-Aug-2009 09:15
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6000 lots done @ 63c..wow!! | |||
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ozone2002
Supreme |
03-Aug-2009 11:31
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67.5...20K lots..nice :) |
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ozone2002
Supreme |
03-Aug-2009 11:15
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yeah good vol..increasin price..oh yeah! | |||
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ozone2002
Supreme |
03-Aug-2009 09:38
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technicals looking good for this baby.. | |||
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Cannon76
Member |
22-Jul-2009 22:58
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alamak.. cheong abit then no air left, close down somemore.. when than can hit 70c? | |||
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yipyip
Master |
15-Jul-2009 23:25
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5 July 2009 RAFFLES EDUCATION CORPORATION SCRIP DIVIDEND SCHEME ISSUE PRICE OF NEW SHARES UNDER THE SCRIP DIVIDEND SCHEME The Board of Directors of the Company (the "Board") refers to the second interim dividend for FY2009 ("Second Interim Dividend") of 1.0 Singapore cent per ordinary share of the Company ("Share") declared by the Company on 5 February 2009 to which the Raffles Education Corporation Scrip Dividend Scheme (the “Scrip Dividend Scheme”) applies, and to the notice by the Company on 23 June 2009 of the books closure date on 15 July 2009 for the purpose of determining shareholders’ entitlements to the Second Interim Dividend (the "Books Closure Date")............... http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_23C38C610728AD2C482575F40037D16B/$file/RECL_2ndInterimDivFY2009_Anncemt_IssuePrice.pdf?openelement |
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novicetrader
Senior |
10-Jul-2009 12:45
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One week to XD. | |||
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ozone2002
Supreme |
10-Jul-2009 10:45
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sudden price surge.. | |||
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leechongpeng
Senior |
23-Jun-2009 09:37
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every few min selling down 1000 lots. Somebody trying to clear their shares. | |||
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chewwl88
Member |
17-Jun-2009 19:16
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What is the best price to buy in again? Any advise?
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AK_Francis
Supreme |
17-Jun-2009 18:17
Yells: "Happy go lucky, cheers." |
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AK had mentioned on its biz n earning in earlier post. 2 mths ago, it raised 30.1mil with each R issue of 0.381cts/sh. Money no enough. Ds time rd raised 101mil with each R issue of 64cts/sh. Very lean. 60% of d raised amt to repay part of d outstanding payment for Oriental University City, PRC. And d remaining amt to pay bank loan(not sure whether Int or full payment) and working cap( left how much for working cap? big wok ah) There is another 105.9 mil due for OUC above by end of ds yr but be delayed till Apr 2010, though hv some room for short breath, but not sure can tahan or not. Last but not least, there is another 1 bil Rmb be paid by end 2010, 12 n 13. After d last R issue, current d effective sh px is 0.6625. Today, closed at 0.585 cts. Hi vol 21.4k. Above no calling, for your eyes n those enthusiats on ds burger, for analysis. Cheers.
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Quantico
Member |
17-Jun-2009 18:11
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I think the placement has been fully taken up and some of those who has taken the shares has probably sold theirs (and made their money). The company borrowed 160 million shares from the substantial shareholder for the placement. The new shares when issued will be returned to the substantial shareholder.
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kingster
Senior |
17-Jun-2009 16:51
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anyone knows what will happen to the share placement if share prices remain below 0.6? who will want to take up the shares? | |||
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smilingchuan
Member |
17-Jun-2009 11:04
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good luck to shortist to raffles edu this counter. Volume is thin. very risky. BB might just buy up few thousands lots to catch them and push up the prices. Raffles Edu's price consolidated well at 0.59. ready to cheong back to 0.65 | |||
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TuaPekGong9413
Elite |
17-Jun-2009 09:09
Yells: "deity" |
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looks like they playing up the value.... | |||
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