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Raffles Edu
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iPunter
Supreme |
09-Feb-2011 20:27
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Many people are suffering, and have no choice but to buy a bit of 4D, hoping that Heaven (God) will have mercy on them. These people deserve to win some money to save them from the real difficulties of life... 
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boyikao3
Master |
09-Feb-2011 20:16
Yells: "Money or reputation ?" |
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So cheam...So philosophical ! 
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warrenbegger
Elite |
09-Feb-2011 19:20
Yells: "Anyhow Buy Anyhow Die ^_^" |
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If i go pray to Miss Guanyin Ma and Mr Tao Pek Gong to give me this weekend 4D nos and others tell me i am a gambler. I will said NO, i am not a gambler! God dont gambler and god give me 4D nos for a chance to live a better life and with money i can help other. But in other people view, they still call me a gambler. | ||||
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warrenbegger
Elite |
09-Feb-2011 19:12
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Anyone use I Ching inside casino or apply it to stock market / forex??? Different people got different view, it depend how u see it. If guessing the future is not gambling for a result, then there will be no gambler in this world. We can call ourself Predicter, Forcaster or even semi god angel if u want. If i go up 30 story building and look down at the swimming pools, i will guess myself if i will die if i jump down, that gambling with my life! Or I Ching can tell me will i die if i jump? | ||||
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boyikao3
Master |
09-Feb-2011 17:27
Yells: "Money or reputation ?" |
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Zhou Wen Wang was an expert in " guessing" the future - He invented the I Ching system of forecast which is still used by many important people and nations today - I wouldn't exactly say that he was a " gambler" .
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iPunter
Supreme |
09-Feb-2011 10:16
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I agree with sifu... I also enjoy all sifu's jokes about those indicators...
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warrenbegger
Elite |
09-Feb-2011 10:08
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Anything that involve guessing of future outcome is betting or gambling. I am also a expert texas holdem poker player, what i can said is all casino game all depend on luck and we will mosty lose in long run (casino 51%++ player only 41%---) In casino what skill can u use? Only can anyhow guess anyhow die only. And texas holdem poker is like stock market, u can win in long run if u r skillfull enough. Not sure u all know what i talking about maybe only those who play poker will know. As i can said casino and stock market is all betting and gamble, just that some play with luck and others pros play with skill, and only the skillfull that dont depend too much on luck can win in long run. | ||||
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iPunter
Supreme |
09-Feb-2011 09:53
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What you said is true... Thus, as I have said before... investing is investing only when we buy stock at a 'low-low' price. If not, investors'(holders') money can literally vanish into thin air! which is when nobody wants to buy same at 'high-high' prices... |
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ivanignatius
Member |
09-Feb-2011 09:45
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A lot of the time it feels like betting and investing are the same, but I think they are quite different. In all casino games, the house has a statistical advantage, varying between 1% for black jack to 30% for the slots (ie the slots pay out 70c for a $1 put in). Thus for every winner, there is a loser. Also, it is a closed system, with no value being created. If US$5bn is bet in a casino, the only question is how much is retained by the punters and how much by the casino. But the sum is always US$5bn. In investing in the stock market, there is no reason that everyone cannot win. By that I mean, if a stock rises, its bankers, brokers, and investors all do well. If we invest US$5bn in a stock, it can double, and hey presto, US$5bn of 'value' has been created. I also think that unless you can count cards, or you play poker, there is little ability to use skill in a casino. In the stock market there are clear anomalies, as irrational fear and greed play their part. The Singapore equity market price to book has moved from 1x to 3x in a cycle over the last thirty years. If you are sensible and only buy when it is below 1.5x, you will make money. If you only buy when the price to book is above 2.5x, you will lose money. Having said all that, most days the market feels EXACTLY like a casino. |
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iPunter
Supreme |
09-Feb-2011 08:35
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It is okay as long as one realises that stocks betting is no different from casino betting. Many can argue, and reason all they like, and until all the the cows come home... But if while arguing, they are losing a lot of money, then what's the point in all the arguing at all, or winning the argument? As for 'investing', betting itself is also a form of investing, provided one bets in the proper manner...
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GuavaXF30
Master |
09-Feb-2011 08:16
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Read today that Chinese gov have again hiked interest rates. 3rd time since Oct 2010. Property moves will be hit especially hard. Really, Raffles Edu. Go into property at this time ? Can ah ?
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louis001
Master |
08-Feb-2011 22:25
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Quote boyikao3:" Oh at last someone sane is talking" ???? Once heard expert from invest seminar said " ... stock market itself is irrational, unpredictable, manupulative at times crazy mixed with emotions like greed, fear, hope, ego... etc of participants from all walks of life, big and small, young and old, for whatever reasons, buy and sell a particular stock. If one make money out of it, one is sane(right). If one lost money, one is insane(wrong). It's that simple." If one bought at 30.5cent and sold off at 32.5cent, is he sane? How about those who bought the so-called blue-chips and lost money or incur huge paper loss keeping very long time ? Who is sane or insane ? Or is the expert with " buy" call insane too ? Its not for us to judge, to each his own call , his own choice and his own money.... |
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iPunter
Supreme |
08-Feb-2011 21:10
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Although there's much value-added knowledge to be gained even from a forum like this one (free), there's nothing to stop people from betting on any stock. Just like no amount of coercion will stop people from gambling... but as long as they realise it is betting, there's limited harm .. |
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boyikao3
Master |
08-Feb-2011 21:03
Yells: "Money or reputation ?" |
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Oh at last someone sane is talking...
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GuavaXF30
Master |
08-Feb-2011 20:54
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Also ask yourself why need to consolidate ? Isn't this a cosmetic action ? Remember that not too long ago this was more than a dollar ? How different is this action from all the dual-listing moves from others ? How many dual-listed companies have delivered better value for their investors ? China story not as easy as it suggest. Not everyone who goes there makes money. Not even our GIC's have been able to do this easily.
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ivanignatius
Member |
08-Feb-2011 19:53
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Do you really want to touch this stock? Their original design education franchise was fabulous, but they've squandered their time, money and credibility on the ridiculous China university purchase, and now they're going into property development at a time when the Chinese Govt (like the Singapore Govt) is trying to cool the property market. If you want to buy a China property developer, why on earth would you buy a Singapore-based education company rather than a well established player like Cheung Kong (been doing it since 1841 so probably know their way around) or Shui On which pioneered luxury multi-use developments in China in the 1990s. | ||||
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iPunter
Supreme |
08-Feb-2011 15:23
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The price differential may later help pull Informatics up... |
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xingge
Member |
08-Feb-2011 14:50
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Anyone any guesses when the proposed consolidation will happen? It's not stated in the announcement at http://raffleseducation.listedcompany.com/newsroom/20110201_191149_E6D_81EDF6C46EF49E674825782A00353A35.1.pdf |
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randyhowys
Member |
08-Feb-2011 12:18
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Raffles Education Corp (RLS SP, $0.315, TP $0.40, BUY) – Education (RLS), management affirms its plan to venture into property development in China. Despite the shift away from its core business, we see the move as being pragmatic that allows RLS to leverage on its low land cost when it acquired OUC back in October 2007. We are upgrading the stock to a BUY recommendation with new target price of $0.40. During our recent conference call with Rafflesericong@kimeng. |
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hyruga
Member |
08-Feb-2011 11:22
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Sold some at 0.33. Bot back some at 0.325 (in multiples of 3). Raffles ed, dont let me down. | ||||
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