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Raffles Edu
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hyruga
Member |
19-Jan-2011 22:31
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Raffles education has always been in the black every quarter. Just earn more or earn less.
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masterlim8888
Senior |
19-Jan-2011 22:08
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this question is not for u and the public to answer. projection of growth is a strategic matter to the company. study the annual report and roughly you will know the answer. the uptrend will continue to climb but staggard. load up before you are left out. 
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calculus1985
Senior |
19-Jan-2011 21:16
Yells: "lollymotion dot com" |
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RaffleEdu successful make its bullish reversal. Today it also breakout a 2nd time! Will this bullish trend continue? read my analysis on RaffleEdu here |
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lesliesiaky
Member |
19-Jan-2011 20:56
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That is correct and especially so if the new schools can start generating profit, my question is how do we project that its earning will grow this quarter and not a year later? |
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masterlim8888
Senior |
19-Jan-2011 20:31
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this counter shd at least worth 60 cents by now if not for the pulling out of strategic investor and poor enrollment of students. this year will shine and double in price load up before you are left out.
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lesliesiaky
Member |
19-Jan-2011 20:00
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What's the reason for getting back into the black in this Qtr reporting?
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hyruga
Member |
19-Jan-2011 11:49
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Just hold and wait for financial result coming in early feb. CNY also coming. Hopefully, got dividend this time round! |
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knightrider
Elite |
19-Jan-2011 10:43
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Don't believe all the crap, do your own guts and homework !!! Mon or Tue Good morning Ch8, broking house Analyst recommend OUE, and today drop like shit ! So you believe you die. They want to make your $$$. So they say buy call, do your homework. So they say Raffles only worth S$0.23 and target S$0.28, then we need to buy more. My target for this is after they announce the uni plan approval and maybe set at S$0.38. Remember all those Money mind or Good morning Ch8 or ChannelnewsAsia, thet put up a disclaimer notice after the show. Good Luck.
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ruanlai
Master |
19-Jan-2011 10:35
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FM is pushing up for fund raising......Musical Chairs now go round and round. See who is holding it when the music stop. Beware........Stock only worth at 23cents........althougt Tg Px at 28cents recommended by house. Good luck |
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monkey80
Member |
19-Jan-2011 10:31
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CNY hongbao for us. :) | ||||
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chtan5751
Member |
19-Jan-2011 10:19
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Any good news ? if not why RE price jumped suddenly? | ||||
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masterlim8888
Senior |
18-Jan-2011 07:29
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load up in tranches and wait patients for annoucements. potential multi baggers. |
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masterlim8888
Senior |
17-Jan-2011 20:08
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load up in tranches and wait patients for annoucements. potential multi baggers. |
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goldenpiggy
Senior |
17-Jan-2011 16:34
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Its gonna go soon... | ||||
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masterlim8888
Senior |
14-Jan-2011 17:46
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yes. coming and be patient. load and load fiercely under 30 cents. |
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Zhiwei
Senior |
14-Jan-2011 17:30
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masterlim,when will this be happen?this year through? (announcement of uni approval & Malaysia GIC)
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knightrider
Elite |
13-Jan-2011 12:54
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A. INTRODUCTION The Board of Directors of Raffles Education Corporation Limited (the “Company”) wishes to announce that the Company has on 12 January 2011 exercised an option (the “Option”) dated 15 December 2010 between the Company as purchaser and Merchant Square Pte Ltd as the vendor (the “Vendor”) in connection with the acquisition of 51 Merchant Road, 2, 4 and 6 Fisher Street, 1, 3 and 5 Angus Street, Singapore (collectively referred to as “Merchant Square”) (the “Proposed Acquisition”). B. THE PROPOSED ACQUISITION 1. Information on Merchant Square Merchant Square is located at 51 Merchant Road, 2, 4 and 6 Fisher Street, 1, 3 and 5 Angus Street, Singapore, and comprises a four-storey office tower and two blocks of shophouses. Merchant Square has a 99-year leasehold from 1993 and has a total net lettable area of 50,262 square feet. 2. Consideration payable under the Proposed Acquisition The consideration for the purchase of Merchant Square shall be satisfied by the payment of the aggregate sum of S$65 million to the Vendor (the “Consideration Sum”). Under the terms of the Proposed Acquisition, 1% of the Consideration Sum was paid upon the grant of the Option on 15 December 2010, 4% of the Consideration Sum is payable upon the exercise of the Option and the balance is payable upon completion which will take place 12 weeks from the date of acceptance of the Option. The aggregate value of the consideration for the Proposed Acquisition was arrived at on a willing-buyer and willing-seller basis after arm’s length negotiations. The Consideration Sum was determined after considering factors such as the current use of the property and the general property market conditions in Singapore. No independent third party valuation was conducted on Merchant Square. The Consideration Sum will be funded by internal cashflows and bank borrowings.
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knightrider
Elite |
13-Jan-2011 12:51
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Greenbean
Senior |
13-Jan-2011 06:24
Yells: "Live green. Let it be GREEN." |
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Business Times 13.01.2011
RAFFLES Education Corp (REC) is seeking to broaden and enhance its educational expertise with the recent launch of Raffles European Dual Academy Pte Ltd (REDA). |
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randyhowys
Member |
12-Jan-2011 22:01
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Broadening its educational capabilities Implementation of new education system. Education Corp (REC) is seeking to broaden and enhance its educational expertise with the recent launch of Raffles European Dual Academy Pte Ltd (REDA). This means that REC will be the first academy in Asia to establish and introduce the 'Duale Hochschule' model of theory-practical education (also known as Dual Education System). We view this move positively as it will provide a level of 'freshness' to REC's pedagogy and enhance its reputation as a leading private education provider. Management has guided that they have received many queries pertaining to the new programme and are on schedule to commence classes in Apr 11 as previously stated. REC is currently undertaking a two-prong approach in the implementation of its REDA programme. First, it is marketing this unique programme to students to generate awareness since this is a relatively new concept in Asia. Secondly, REC is seeking to grow the membership of its partner companies as students are required to complete a supervised mentorship with a partner company for a duration of 18 months. The initial curriculum at REDA includes threeyear degree programmes leading to the Bachelor of Science in International Business with specialisations in "International Marketing" and "Hotel Management". RafflesWhat is a Dual Education System? System (DES) has an entrenched tradition in Germany and is mainly practiced in European countries such as Germany, Spain and Switzerland. This involves alternate study phases in theory and practical experience in companies such that students will be able to gain valuable first-hand work experience and better understanding of industry practices. We understand that REDA will provide the theoretical aspects of the programme while REC's partner companies will provide the practical aspects with real-life projects. This DES has also been adopted as part of REC's collaborative agreement with Germany's Baden-Wurttemberg Cooperative State University. We note that this collaboration is in line with the views of Singapore and Baden-Wurttemberg (a state of Germany) that the two places have many avenues to boost collaboration,
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