RafflesEdu   

Raffles Edu

You deserve to be Grandmaster... :)

Why?

Because you sold...

Only goondoos will invest and hold and hold and hold any stock forever until the cows come home... hehehe...

 

I invested in Raffles earlier this year and averaged down till 41ct. I still saw my stock tumbled to 25.5 cents in the aftermath of the Oriental Century Scandal but I held on as the CEO was buying millions of shares for himself. Eventually it rebounded to reach a high of 70cts. I took profit at 65 cents since it was fairly valued based on FA and the CEO had stopped buying at 54 cents. 

The downtrend now reminds me of REC 1 month prior the announcement of Oriental Century scandal. I am most likely wrong, but I won't be surprised if another negative development is taking place as we speak. The main difference between March and now is that the CEO ain't buying shares..

 

Hi smilepiyo ,

My comments are purely base on TA , very often , when the FA of a counter has changed , it would reflect on its chart (TA)  . If the market is not in its bearish situation , then there must be some things wrong with this counter , further more , its huge volume sold down may also have the hints .If u r going in to take up long positions , pls place your  stop-loss protection .

Bintang .

smilepiyo      ( Date: 19-Dec-2009 20:20) Posted: So, is raffles edu worth keeping for mid term? Is there any bad news coming up ? Out of sudden, the price of this stock plunge so much. Based on the trend chart, it only went downtrend in Mar '09. Does it means that raffles is a gone case now? :P sorri for my ignorance, cos i m pretty new to stocks, a novice whom requires guidance & advices from u guys. Pls enlighten.

 

So, is raffles edu worth keeping for mid term? Is there any bad news coming up ? Out of sudden, the price of this stock plunge so much. Based on the trend chart, it only went downtrend in Mar '09. Does it means that raffles is a gone case now? :P sorri for my ignorance, cos i m pretty new to stocks, a novice whom requires guidance & advices from u guys. Pls enlighten.

 

thats very true

iPunter      ( Date: 19-Dec-2009 12:48) Posted: Only goondoos will think that one side (of ordinary stock players) always wins and one side will always loose... Stocks go up and down 'by themselves'... Thus, as I always said. "Not Losing Is Already Winning"... hehehe...

 

i think the odds of winning in casino is even lower than 50/50...it's 10/90? haha

 

Put it this way...

If let's say in a 2 year period, you can be reasonably sure of winning in the stock market, then it is worth your time and money playing.

If the odds are 50/50, then won't it be better to go to the casino?

or go into into some better business?...

 

Only goondoos will think that one side (of ordinary stock players) always wins and one side will always loose...

Stocks go up and down 'by themselves'...

Thus, as I always said. "Not Losing Is Already Winning"... hehehe...

 

That is the interesting thing, no matter sell down or buy up, you need a buyer and seller at the same time .... some theory states that because of this, the expected change is actually 0.

Laulan      ( Date: 19-Dec-2009 09:36) Posted: You mean it could go up as much as it goes down?  So if you buy it is dangerous and if you sell it is also dangerous?  How can? Sure one side must win right?  .?=?. iPunter      ( Date: 18-Dec-2009 21:39) Posted: At any time, or at any stage, buying or selling is equally dangerous... hehehe...

 

Raffles went up a mountain and now dropping down the cliff. If there's any textbook stock on the rise and fall of a stock, this is going to be it.

 

So the "timing thingy" come into this counter in order not to lose your money. 

iPunter      ( Date: 18-Dec-2009 21:39) Posted: At any time, or at any stage, buying or selling is equally dangerous... hehehe...

 

http://www.oriental-university-city.com.cn/hzhb_en.asp

Raffles Education has 15.6% of that. I seriously think Raffles Education has Solid Future :)

They expand during the down turn :) Business model is great.

Any university or business will have issue and complications and it depends how they resolved it. 

Going Long for this now :) Hope it will Hit $1.00 one day  

 

The answer is simple: nobody knows what will happen tomorrow, only time will tell if you are on the right side.

 

You mean it could go up as much as it goes down?  So if you buy it is dangerous and if you sell it is also dangerous?  How can? Sure one side must win right?  .?=?.

iPunter      ( Date: 18-Dec-2009 21:39) Posted: At any time, or at any stage, buying or selling is equally dangerous... hehehe...

 

At any time, or at any stage, buying or selling is equally dangerous... hehehe... 

 

 

Used to be my favourite stock. There could be some bad news which we have not made known yet.

 

AVG TP from most FI is $0.61 and lowest is $0.51

Should be ok :) go long

Bintang      ( Date: 18-Dec-2009 19:01) Posted: RafflesEdu took only  one month to fall from 48 cents to 36 cents today , the fundamental of this counter may have changed ? Bintang      ( Date: 08-Dec-2009 09:53) Posted: With yesterday huge volume done , RafflesEdu still in its down trend , the directional movement index is placed negatively , n ADX is about to rise , this shows the trend may go further down . The very short term support is at 39.5 cents , the  breaking of this support may send the share price to  go down to fill the gap at 34 cents

 

RafflesEdu took only  one month to fall from 48 cents to 36 cents today , the fundamental of this counter may have changed ?

Bintang      ( Date: 08-Dec-2009 09:53) Posted: With yesterday huge volume done , RafflesEdu still in its down trend , the directional movement index is placed negatively , n ADX is about to rise , this shows the trend may go further down . The very short term support is at 39.5 cents , the  breaking of this support may send the share price to  go down to fill the gap at 34 cents . Bintang      ( Date: 20-Nov-2009 21:27) Posted: RafflesEdu has rebounded from the low of  42 cents to 48 cents  , n filled the gap which was created on 3/11/09 . The short term rebounce may be completed already . The share price came down again after covering the gap , the support could be at 42 cents .

 

Finally RafflesEdu broke the critical support at 38.5 cents with huge volume , by measuring the width of its downtrend channel , it may go to as low as 29 cents technically , n that is also filling the gap at 34 cents .

Bintang      ( Date: 17-Dec-2009 21:09) Posted: The support at 38.5 cents for RafflesEdu  looks very fragile ,  its RSI is at 22 which is still weak . Breaking 38.5 cents n go down to 34 cents is quite convincing now . Bintang      ( Date: 16-Dec-2009 20:48) Posted: RafflesEdu touched the lower border line of the down trend channel  at 38.5 cents n rebounded to close at 39.5 cents today . The trend is still very weak while the RSI is at the over-sold territory at 25 . The price would go down further when RSI is rising

 

Do nothing wrong? I think u holiday too long and did not read my posting on Raffles Indochina forging student's documents gana publish on government newspaper ! But for now, its a trading 'Buy' call fom me ! (see my wave analysis) 

risktaker      ( Date: 18-Dec-2009 17:42) Posted: anything lower than 0.40 is actually a very good price for RaffleEdu. Mainly Education is recession proof. If there's recession the government will ask the public to go upgrade skills. Demand is always there. To me if Education Business is very hard to fail unless you do something seriously wrong. In which i dont think RafflesEducation is doing anything wrong at least for now. So i will Keep my  Buy call on this baby ! Long this baby I am sure you will Huat !