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Buoy lor, I invested yesterday at my target re-entry price of S$0.255. Good Luck.
no matter what people say, this counter always manage to stay at top 20 volumn most of the times...these traders are really making/losing money buy and sell, bit by bit,you win I lose, you lose I win. seriously speaking, it looks really attractive now...can buy or even buy more... for long term.
Now I wait, and wait long long, and now it come the times of S$0.255, buy la !!! Good Luck
stykish ( Date: 18-Feb-2011 15:40) Posted:
slowly wait loh =)
knightrider ( Date: 17-Feb-2011 15:02) Posted:
| Just finished lunch with some friends near " Outsider the" Merchant Rd where they just purchase the 3 units of property, I did not go " Insider the" , actually felt like go " Insider the" , but wait kena caught !!! ha ha ha LOL. Anyway, S$0.255 is coming. Good Luck |
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RAFFLES EDUCATION CORPORATION LIMITED
(Company Registration No. 199400712N)
(Incorporated in the Republic of Singapore)
(I) PROPOSED SHARE CONSOLIDATION (THE " SHARE CONSOLIDATION" ) OF EVERY
EXISTING THREE (3) ORDINARY SHARES IN THE CAPITAL OF THE COMPANY INTO
ONE (1) ORDINARY SHARE IN THE CAPITAL OF THE COMPANY (THE " CONSOLIDATED
SHARE" )
(II) PROPOSED ADOPTION OF THE NEW RAFFLES EDUCATION CORPORATION
EMPLOYEES' SHARE OPTION SCHEME (YEAR 2011) (THE " NEW SCHEME" )
Further to the announcement made on 1 February 2011 in relation to, among others, the Share
Consolidation and the New Scheme, the board of directors (the " Board" ) of Raffles Education
Corporation Limited (the " Company" ) is pleased to announce that Singapore Exchange Securities
Trading Limited (the " SGX-ST" ) has on 22 February 2011 approved in-principle the Company's
application for the listing of, and quotation for, the Consolidated Shares and the new shares in the
capital of the Company to be issued pursuant to the exercise of share options granted under the New
Scheme (the " Scheme Shares" ), subject to the approval of the shareholders of the Company (the
" Shareholders" ) for the Share Consolidation and the New Scheme, and the Company's compliance
with the SGX-ST's listing requirements and guidelines.
The SGX-ST's in-principle approval is not to be taken as an indication of the merits of the Share
Consolidation, the Consolidated Shares, the New Scheme, the Scheme Shares, the Company and/or
its subsidiaries.
Each of the Share Consolidation and the adoption of the New Scheme is subject to, among others,
the approval of the Shareholders at an extraordinary general meeting to be convened.
Details of the Share Consolidation and the New Scheme will be provided in a circular to be
despatched to the Shareholders in due course.
BY ORDER OF THE BOARD
Chew Hua Seng
Chairman
23 February 2011
am holding for long term. at 27cent, of course can be lower, it is already quite rock bottom as compare to other counters. am prepare to take the small divident after consolidations. vested.
Nikki and Shanghai opens this morning, all red, lets wait an see when HK open 10am. Should red also !!!!
1 director buy in 50 lots at S$0.27
GuavaXF30 ( Date: 17-Feb-2011 10:49) Posted:
Think can save your money and wait for lower than 0.25.
knightrider ( Date: 15-Feb-2011 12:19) Posted:
| Yeh, I already make it clear, I sold my 300 lots and make some $$. Now re-entry only @ S$0.255 |
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How low can you go ? How low can you go ? How low can you go ?
Remember the song from Shanana ? Now to see which one drop faster. This or ChinaGaoXian, ChinaRenewable Energy or Oceanus...... Wah. so many to choose from.
knightrider ( Date: 22-Feb-2011 10:38) Posted:
S$0.265, 1 cent more !!!
stykish ( Date: 18-Feb-2011 15:40) Posted:
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S$0.265, 1 cent more !!!
stykish ( Date: 18-Feb-2011 15:40) Posted:
slowly wait loh =)
knightrider ( Date: 17-Feb-2011 15:02) Posted:
| Just finished lunch with some friends near " Outsider the" Merchant Rd where they just purchase the 3 units of property, I did not go " Insider the" , actually felt like go " Insider the" , but wait kena caught !!! ha ha ha LOL. Anyway, S$0.255 is coming. Good Luck |
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no matter what, the trader/BB in the market seems to like to play this one, most of the times in top 20 volumn, be it long (up) or short (down), each day of half-cent or 1.5cent is good enough, as long as it is liquid,with money to make for some and money to lose for others, they don't really care, up.. down.. up.. down......just hit and run, over and over again...anyway, it's the same for other counter, nothing new.
Those going to hold for long term, entry at current price range(around 26c-30c), should be OK lah, won't die unless very bad thing happen(delisted, accounting/corruptionm scandal,.financial crisis....) to the company, but then it's the same when such thing happen to other counter. Even the analysts have different views on REdu from different angle. Good luck.
oic. Noted.
iPunter ( Date: 19-Feb-2011 19:10) Posted:
I mean stock splits and bonus issues are common in bull markets,
but not consolidations, you have to make your own observations... 
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I mean stock splits and bonus issues are common in bull markets,
but not consolidations, you have to make your own observations...
quite truth....
Current Raffle Edu share merge maybe is better one.
But need to top up somemore to balance up the merging process for me....
iPunter ( Date: 19-Feb-2011 18:32) Posted:
There was a time in the bull markets when there
were many bonus issues and stock splits galore...
shadowmoon ( Date: 19-Feb-2011 17:59) Posted:
Abit sian on Raffle Edu possible decision to share merge ( 3lots merge to 1).
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There was a time in the bull markets when there
were many bonus issues and stock splits galore...
shadowmoon ( Date: 19-Feb-2011 17:59) Posted:
Abit sian on Raffle Edu possible decision to share merge ( 3lots merge to 1).
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Abit sian on Raffle Edu possible decision to share merge ( 3lots merge to 1).
In my view,
No amount of talk or opinion will change the course of a trend.
Thus, trading strictly technically is the way to go....
but paradoxically,
no one knows the trend...
boyikao3 ( Date: 19-Feb-2011 13:17) Posted:
U are not wrong to say that. But the prevailing sentiment about REC seems to be hopeful, not fearful !
hyruga ( Date: 18-Feb-2011 22:35) Posted:
Share price always reflect the business this quarter. If they are doing well, BB will naturally buy. Its best to buy when the sentiment is poor (price is low) rather than when the sentiment is high and is overpriced. As long as the management is prudent and make more and more money every quarter from now on, there is no reason why RE wont increase in value.
Buy when everyone is fearful. Sell when everyone is greedy. |
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