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must have somethig happening , last half an hour cheong again and close at higher price.
Better grasp the opportunity before it is too late.....Don't miss the boat !
time to buy again this baby..
here they come again....61 cts now...up 2.5cts...what's up for this time round ? BBs want to make another killing?
S$23.7m is far frOm S$100m ? ? ? ?
market had already digested the following DBS VK's report, it was published on Monday, 27 June 2011 11:47
DBS Vickers upgrades RAFFLES EDUCATION to ‘hold’
Chew Hua Seng, CEO, Raffles Education. Photo: InternetDBS Vickers' analyst Andy Sim, CFA, said Raffles Education is unlocking the value of its real estate asset.
Raffles' shares have slumped c.30% since May, and the analyst is upgrading the stock to Hold with a revised target price of S$0.52.
Raffles is selling a 50% stake in a subsidiary for S$46m. According to the company's announcement, this subsidiary has interest in various education projects in the region.
The purchaser is Mr Ding Fu Ru, who is said to be an industrialist and real estate developer in China.
The book value of the 50% stake is $22.1m and Raffles will reap S$23.7m net gain.
The deal will be completed by 28 Jul and booked in FY12. Sale proceeds would be used to pare down debts and for working capital purposes.
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/914-2011-chinahk-companies/4038-china-minzhong-china-animal-healthcare-what-analysts-now-say
Chew Hua Seng, CEO, Raffles Education. Photo: InternetDBS Vickers' analyst Andy Sim, CFA, said Raffles Education is unlocking the value of its real estate asset.
Raffles' shares have slumped c.30% since May, and the analyst is upgrading the stock to Hold with a revised target price of S$0.52.
Raffles is selling a 50% stake in a subsidiary for S$46m. According to the company's announcement, this subsidiary has interest in various education projects in the region.
The purchaser is Mr Ding Fu Ru, who is said to be an industrialist and real estate developer in China.
The book value of the 50% stake is $22.1m and Raffles will reap S$23.7m net gain.
The deal will be completed by 28 Jul and booked in FY12. Sale proceeds would be used to pare down debts and for working capital purposes.
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/914-2011-chinahk-companies/4038-china-minzhong-china-animal-healthcare-what-analysts-now-say
It'll fall below 0.50 again. BB's already made their killing.
timqoo ( Date: 14-Jul-2011 16:55) Posted:
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what's up with this? fishing at 0.585?
PPl are buying again last ten mns.. tomorrow gonna be up
HPH is moving up now.....
switch from this to hph.....
Hopeless RE
This counter headed back to 56 cents again.
If no support from BBs will test 54cents then 50cents again.
Watch out and beware..........
HARD EARNING MONEY.......
If can take profit first, a lot of ppls are holding on to this stock trying to off load.
Will re-enter if clear 61cents again........
BBs switching to DMX and HPH
hard to say...don't know what BBs and what music/dance steps they do...
fast, fast, quick, quick, slow.... OR they are taking a break.... OR waiting to change the music.......play again when you least expected......
No BBs........volumes cannot push up fast.....
GAME OVER.
very highly likely...turn quiet before storm.....before noon should know.....
Once not able to push up the price.......
will trigger the sell down.......
Wait at the side line.........volume so thin
Many stocks are like doing the " pump and dump"
Stocks are now in a " chio jiak say gai " (grab $) ...
Economic cycles are no more the same,
and probably don't exits anymore...
BBs switch target......do not waste time over this counter.........
Will fall if the volumes not able to exceed 3m today.....
Beware.........can be a scary falling knife......
That's the most scary part. The BB's bought at low and sold to small players who follow behind. When these huge bought positions become due next week, you will see what happens. Especially when the BB's come in, but from the reverse angle, and short this counter. Seen this happened many times. History always repeats itself.
Problem for us is, we do not not when they will start shorting but good bet is tomorrow or Friday.
louis001 ( Date: 12-Jul-2011 22:08) Posted:
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