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Raffles Edu
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commando
Veteran |
13-Sep-2009 16:56
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still can buy? any advise |
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iPunter
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13-Sep-2009 09:21
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This type of industry is recession-proof. Even in the worst economic situations, only education can continue to forge ahead because, for China at least, the education market of the stupendously huge population is very real... Even if this one does not 'cheong', I am sure the fund managers realise its true fundamental value... Since the rumours turn out to be just rumours, and the stock has already factored in effect of the rumours, a trend reversal is more than likely... and could have already occurred... as is reflected in the chart too...  |
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chiongster
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13-Sep-2009 08:44
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will this piece of news move the shares upwards on mon, afterall it seems like it consolidated at 0.52 for most of last week
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chiongster
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13-Sep-2009 08:42
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From Businesstimes dtd 12 Sept- ' SINGAPORE companies making it to the Forbes' list of the best 200 Asia-Pacific companies earning less than US$1 billion in sales shrank to five from 14 last year. The five Singapore Exchange-listed companies under the Singapore category of the 'Asia's Best 200 Under A Billion' list are: engineering group Boustead Singapore, marine player Ezra Holdings, producer of train parts Midas Holdings, education group Raffles Education and healthcare company Thomson Medical Centre. Thomson Medical Centre is the lone fresh face from Singapore in the latest list of best small and midsize companies. The healthcare company is the smallest among the three listed hospital operators in Singapore in terms of market value, and has been expanding into Vietnam over the past few years. The other four - Boustead Singapore, Ezra Holdings, Midas Holdings and Raffles Education - are repeat entrants from 2008. Leaving this year's list are companies such as technology group Armstrong Industrial Corporation, water treatment company Asia Environment, construction firm CSC Holdings, property leasing company Straits Trading and offshore construction company Swiber Holdings. Chinese and Hong Kong firms made up the lion's share of the companies picked. There were 78 companies coming from China and Hong Kong - constituting nearly 40 per cent of the companies listed - up from 63 last year. Firms that made it to the list were selected from over 12,000 listed companies for consistent growth of sales and profits over three years, modest indebtedness and future prospects. These were based on sales and profits calculated as at August this year. 'Consumerism is once again a key driving force behind most of the companies in the list,' said Forbes, with 102 firms on the list being consumer-related, up from 78 last year. With the recent economic downturn, just around 600 companies passed Forbes' criteria, down from over 1,000 in previous years. 
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