RafflesEdu   

Raffles Edu

I also hold Raffles Edu since last year. My shares still around. Been converted to range of 0.78~0.80. Did you check your account again???

yoyoing      ( Date: 01-Apr-2011 11:29) Posted: I have this stock Raffles E6D since last year and this morning I saw that is has delisted ! What is going to happen to my shares ?

 

in this case, the best is to check with your broker, OK, good luck......

 

I have not received any news regarding this at all...the last time I saw it, a few days ago, the counter is BI. Today it became DL...

 

if company delisted, its either due to merger/acquisition(M& A), privatised,  rules violation, gone case  etc... when delisted, it means cannot trade the company shares in the stock  market anymore...as shareholder, you should  have received  circular in advance action plan on what  is going to happen, how much money will you get back, if any ? 

 

I have this stock Raffles E6D since last year and this morning I saw that is has delisted ! What is going to happen to my shares ?

 

Some people speculates, some don't,   too early to tell,  the different is in the future........DISCLAIMER: NOT AN INDUCEMENT TO BUY, SELL OR HOLD....

CIMB speculates that RAFFLES EDUCATION could be privatized - 30/3

Analyst: Gary Ng





A cup of tea with the busy man: We finally had a chance to catch hold of Mr Chew Hua Seng, CEO of Raffles Education.

? Resumption of dividends signals confidence. Management highlighted that it has a comprehensive and sustainable education business model that will propel its growth for many years to come. Mr Chew said that RLS is starting to see results from the expansion of its network of colleges in the region as its new colleges take root. He is confident and that optimism saw the board announcing the resumption of dividends (after omitting for two years) starting with the declaration of an interim dividend of 0.15 cents per share for this half-year.

Our speculative view

? What market already know, we are not interested in. While the market is aware that RLS is pushing for the listing of OUC in HK, we like to think or even speculate that a company like RLS can in future explore a HK listing angle. Recall Mr Chew?s brother runs Midas, which is a HK dual-listed stock as well. Now that is not the lucrative bit. Dual-listing has so far only re-rate stock in the short term, but done nothing to substantially change the valuation of stocks.

? But it is possible if ? Drawing references from CMA?s recently proposed dual listing in Hong Kong, what if Mr Chew (the CEO) decides to privatize RLS simply because there is a lack of appreciation by the market here for his business model? By taking RLS out of the Singapore market, packaging it with OUC for a potential listing in HK would certainly make the whole deal more palatable and more appreciative to worldwide investors, especially to Chinese investors.

 

Not much different after consolidated !

 

It is 10 shares not 10 lots.  You have the option to trade under RE or RE10.....depending who give the best value.......

mickeywin      ( Date: 30-Mar-2011 14:49) Posted: what they meant by in denomination of 10? 10 = min 10 lots to trade? If i holding to 18 lots, it will become 6 lots. if i holding to 20 lots, what will  happen to the 2 lots??? bullsfight      ( Date: 29-Mar-2011 09:57) Posted: If I am not mistaken., they have created a counter NR8 RafflesEdu 10 for odd lots selling in denomination of 10. Same like Singtel 100, etc... Consult his broker lah...

 

the best is ask one broker..... " if i holding to 20 lots, what will  happen to the 2 lots???" ...if one is using POEMS, besides the LP1,LP2 ( Live Prices Market option ), one can use the option UNIT SHARE market option to trade in odd lots,,,,

 

I guess it would be disregarded off, I sold everything after this happened, Dont even want to continue monitoring this counter anymore.

mickeywin      ( Date: 30-Mar-2011 14:49) Posted: what they meant by in denomination of 10? 10 = min 10 lots to trade? If i holding to 18 lots, it will become 6 lots. if i holding to 20 lots, what will  happen to the 2 lots??? bullsfight      ( Date: 29-Mar-2011 09:57) Posted: If I am not mistaken., they have created a counter NR8 RafflesEdu 10 for odd lots selling in denomination of 10. Same like Singtel 100, etc... Consult his broker lah...

 

what they meant by in denomination of 10? 10 = min 10 lots to trade?

If i holding to 18 lots, it will become 6 lots. if i holding to 20 lots, what will  happen to the 2 lots???

bullsfight      ( Date: 29-Mar-2011 09:57) Posted: If I am not mistaken., they have created a counter NR8 RafflesEdu 10 for odd lots selling in denomination of 10. Same like Singtel 100, etc... Consult his broker lah...  isaac976      ( Date: 29-Mar-2011 09:50) Posted: I was wondering what will happen to those even lots like 10lots, my friend told me to sell it at 3333.33 lots ! LOL  Anyway GuavaFX30, chill la bro, life not always about negativity, they must have ripped you off on education right? haha,  you guys have been giving great advise,   Louis001 thanks for the update once again, let see how it will trend this week.. hope the candle will move its way up.. always nice to be in a forum, meet great people like you all.

 

& hopefully it will smoothen the travel process towards $1.20 

seanpent      ( Date: 30-Mar-2011 11:09) Posted: much better now ..... less congested after consolidation .....

 

much better now ..... less congested after consolidation .....

 

Lots of ppl in same boat. Can't believe this counter has fallen 45% from one and half year ago when most others have appreciated by a lot. At least it's not as bad as the few which got suspended...

aircraft      ( Date: 29-Mar-2011 11:47) Posted: average about there... Highest buys was 50 cents ++ , lowest was 25 cents. rotijai      ( Date: 29-Mar-2011 10:55) Posted: u bought at 40 cents

 

average about there... Highest buys was 50 cents ++ , lowest was 25 cents.

rotijai      ( Date: 29-Mar-2011 10:55) Posted: u bought at 40 cents ? aircraft      ( Date: 29-Mar-2011 10:54) Posted: My average cost becomes $1.20 / share and it's trading at $0.785...

 

u bought at 40 cents ?

aircraft      ( Date: 29-Mar-2011 10:54) Posted: My average cost becomes $1.20 / share and it's trading at $0.785...

 

My average cost becomes $1.20 / share and it's trading at $0.785...

 

If I am not mistaken., they have created a counter NR8 RafflesEdu 10 for odd lots selling in denomination of 10. Same like Singtel 100, etc...

Consult his broker lah... 

isaac976      ( Date: 29-Mar-2011 09:50) Posted: I was wondering what will happen to those even lots like 10lots, my friend told me to sell it at 3333.33 lots ! LOL  Anyway GuavaFX30, chill la bro, life not always about negativity, they must have ripped you off on education right? haha,  you guys have been giving great advise,   Louis001 thanks for the update once again, let see how it will trend this week.. hope the candle will move its way up.. always nice to be in a forum, meet great people like you all. louis001      ( Date: 29-Mar-2011 09:20) Posted: trading at about 78cent ( = 0.26cent yesterday ), what most likely gonna happen ? nobody knows, even the CEO himself also said he cannot predict the market behaviour on share prices.. like I used to say : Only TIME will tell. Different people will have different opinions. It all depends on your own individual analysis and judgement, plan and target. Remember if you have 30lots yesterday, today you can only trade 10lots. Good luck.

 

I was wondering what will happen to those even lots like 10lots, my friend told me to sell it at 3333.33 lots ! LOL 

Anyway GuavaFX30, chill la bro, life not always about negativity, they must have ripped you off on education right? haha,  you guys have been giving great advise,

  Louis001 thanks for the update once again, let see how it will trend this week.. hope the candle will move its way up.. always nice to be in a forum, meet great people like you all.

louis001      ( Date: 29-Mar-2011 09:20) Posted: trading at about 78cent ( = 0.26cent yesterday ), what most likely gonna happen ? nobody knows, even the CEO himself also said he cannot predict the market behaviour on share prices.. like I used to say : Only TIME will tell. Different people will have different opinions. It all depends on your own individual analysis and judgement, plan and target. Remember if you have 30lots yesterday, today you can only trade 10lots. Good luck.

 

trading at about 78cent ( = 0.26cent yesterday ), what most likely gonna happen ? nobody knows, even the CEO himself also said he cannot predict the market behaviour on share prices.. like I used to say : Only TIME will tell. Different people will have different opinions. It all depends on your own individual analysis and judgement, plan and target. Remember if you have 30lots yesterday, today you can only trade 10lots. Good luck.