RafflesEdu   

Raffles Edu

When it first started, it was a brilliant idea but now, Raffles Edu has lost its edge. No amount of share buy-back can help when it's business has lost its lucrativeness. Only way out is to delist  at a Lower price of course.

 

I bought @.285  just two months ago...

   but I  dumped it @.28  (with slight loss).

       Last trading was .25

          If it goes lower than .245,

              it may not be worth holding.

 

not bad , masterlim, but I doubt they will reply you.. maybe they will just entertain your email in one sentence...

i am vested in raffles also.. in fact, last time, you can realize the IPO price vs current price, the top gainer are actually Raffles Edu. , Hyflux, and OSIM (when it was $2, well, at least the current price is close to $2 too !) .. not sure the current standing now..

anyway, what to do, just have to be stay vested....

 

With so many new schools mushrooming, how can Raffles Edu compete ? In S'pore there is the new Lassalle College, Bigger and Better

 

vested sharesholders, i have just emailed to elaine ang, director of IR of raffles edu to address some of concerns. i hope that will bring some relief or stablizing effects to the share px and regain public confidence to a certain degree. contents as below:

hi elaine,
 
the raffles education share px is on the decline since last year till now. the sharesholders are very depressed with the kind of stock performance the company is having. i personally think that the investor relations are doing a very bad job in addressing the issue. pinpointing the decline in stock px to global sentiment is not justifiable. the stock is one of the worst performing stock in sgx. the stock px is already in panic selling mode. can ir do something to address this concern to public?
 
there are several catalysts which may like to support the current share px other than dear respectable mr chew's share buy back scheme, IR may consider the following to make its existence of the department worthwhile.
 
(i) provide updates on the status on the universities's approval in the respective countries.
(ii) provide updates on the decline in students in china's colleges and what action plans management is doing to rectify and mitigate the existing risks.
(iii) provide updates on the discussion with strategic investor for partnership since the last withdrawal of the previous investor. khazanah discussion is mentioned in the annual report. sharesholders are anxious to know what are the status of the discussion if there is any.
(iv) provide update on news of nasdaq listing of oriental university city which is previously discussed.
(v) provide update on the strategic move into the india market which is on the management's plate currently.
 
the company has a decent business models and its a shame that all the above issues are not addressed and communicated to the sharesholders, investors and the public at large in a timely and clear manner. please forward this to mr chew for his review on my humble opinions. we need to address these fast to regain public confidence.
 
thanks and appreciate your prompt action.
 
regards,
lim


i will update the reply if i receive any from IR sides. cheers and stay invested.

 

 

On Friday, RafflesEdu broke the critical support at $0.265 and closed at $0.255 with HIGH volume of 44.78 million shares traded.

A black candle stick with lower shadow affirms that fears have gone into the investors as they went into panic selling for this company.

Both RSI & MACD are bearish as RSI continue to trend downwards.

Important Resistance of RafflesEdu: $0.265

Immediate Support of RafflesEdu: $0.25

Currently prices are resisted by 20 days MA at $0.265

On 3/Dec, RafflesEdu broke the critical support at $0.265 and trigger panic selling for the investors.

We would like to warn investors not to catch a falling knife since the selling pressure is very large.

In fact, we suspect that there might be another round of selling on the coming Monday.

Finally RafflesEdu is a very bearish stock since it has been falling in prices since Aug 2009 till now.

Thus we would not suggest anyone to buy this stock at all.

 

This stock has been falling and falling (ie. downtrending)

     for some 14 months already.

       From a high of around .66 till now at .25,

          I have no doubt that many people would have

             bought more and more as the price kept on dropped.

               For them, it must have been a really harrowing and

                   depressing experience. This goes to show that no one

                       can tell what a stock is going to do next, no matter how

                          staunchly we 'defend' it with our hopes and faith.

                              In the stock market,

                                  although faith can make one a lot of money,

                                      it can also make one lose a lot of money.

 

It is December now , but RafflesEdu did not move forward for the last six months since breaking the support at 32 cents . It had already reached new low at 25 cents yesterday . There is no sign of any rebounce or reversal yet .

Bintang      ( Date: 27-May-2010 10:01) Posted: Raffles Edu has hit the bottom at 32 cents recently , it rebounded to 33.5 cents yesterday . Short n long term moving averages continued to press the price down after the dead cross had been formed . ADX is rising strongly while DIs are negatively placed .The strong support is at 32 cents now , breaking which with large volume may see a new low at 25 cents .

 

there is no fixed definition for mid or long term, it all depends on individual's risk appetitie, time horizon and objective of buying the stocks.

generally, mid term could be 3 to 5 years or even 1 to 2 years, depending on your purposes of buying the stocks. saying you were saving for your bto house which will be ready in typically 5 years times. you identifiy raffles in this case as your investment tools to help you achieving your financial objectives, raffles' universities takes time to get approval and people regionally may take time to recognize the importance of private education apart from the mainstream education, you are quite confident that in the x number of years, the revenue and school enrollment will reach peak in that x number of years, you get vested and wait for the stock to realise the its full potential in x number of years which you may termed in mid term.

for long term maybe for kids' education, regularly investing for like 20 years, into high dividends yield counters, like reits and some other blue chips counters for dividends.

to choose the right stocks for your objectives take a lot of effort and patience. some stocks are really fundamentally strong and really good but they just wont go up cos they are not term "sexy" by investors, they require a lot patience to wait for their intrinsic value to get realized. some stocks are really lousy and are just shelf companies but they get speculated and can rise a lot even within a day.

it is easier said than done for choosing the right stocks for different objectives but i always go for fundamental strong stocks and good biz models. raffles in this case, i would think need around 2 to 3 years to double from its current px, but it depends, if it gets another strategic investor or the approval and the intake of students get good results, it may drive up the px real fast. remember when khazanah invests 10% into raffles, its shares px zoom from 0.33 to 0.43, if i remember correctly. thats really really fast, you dont have to wait that long to double the investment.

hopefully more people choose wisely and get richer faster, thats our objective of investing.

 

Don't worry as you will get it very soon....

 

queue at .25 .. didnt get it !! SHUCKS~~ hope awaits tomorrow!

 

Another value-added post!

     God, or the gods, can definitely see all and everything.

        But to God, or the gods, or the spirits,

           money is not the only measure for everything.

               But money can save many, many people's unbearable sufferings.

des_khor      ( Date: 04-Dec-2010 14:09) Posted: MFT can predict the future price and GOD can see the future price !

 

Hi masterlim 

 care to share how you define mid and long term ? how long would you consider mid term ?

 

Thanks in advance

masterlim      ( Date: 03-Dec-2010 23:16) Posted: currently unfavourably. tough to make if contra. if hold for mid to long term, should be able to after approval of the universities and khazanah group's increase of stakes. nevertheless, it is asia largest private education provider, and mr chew and his wife holds quite a stanstantial amount of shares, they wont just let this go. i believe they are in the midst of discussing other matters to bring back the kind of revenue and market status they enjoyed years back. hold on to the rough ride for the vested for this counter.

 

MFT can predict the future price and GOD can see the future price !

 

You are very right..

    Hope you have ridden it all the way from .003 till 1.50...

       Maybe it can even go up to 3.00 if it continues to rise...

masterlim      ( Date: 04-Dec-2010 11:42) Posted: yes but i believe the hardcore osim supporters are rewarded in a big way when the shares prices are depressed to 3 cents due to bad investements in brookestones. those who really held on i have to admire them, it rallied all the way close to 1.5 dollars.  all biz will go through some cycles, hopefully raffles are in the midst doing something constructive i.e. mr chew buys back shares to show public confidence of his company. catalysts like approval of universities in 3 different countries hopefully will drive up the px again. the biz model is there but restrained by many factors in the markets. investors have to recognize this. next step of opening up in india market could be a big thing, the market in china may be slow for time being due to the education system, it may change. mr chew maybe looking at another strategic investor for partnership since the last one withdrew their stakes. khazanah discussion will need to be sped up to regain public confidence. not sure about the dual listing in nasdaq is on the way or in 2013, they may need to inform the sharesholders on the status on this. it may not happen as the previous investors withdrew stakes, too much doubts sink in, investor relations will need to be strengthen to regain public and investors again. but i strongly believe the current px range is already at bottom. it is one of the worst performing stocks, do pick up when wait for its rally patiently when you will be rewarded when events as mentioned occurs.

 

maybe u should drop their PR dept an email abt ur views..

this counter has touch their feb 2009 low of 25cts..  REC buy back at 25.5cts. by a look, so far they only bot back less than 1% of the 10% that they can buy back.. can the company can still go in n support the mkt price.

masterlim      ( Date: 04-Dec-2010 11:42) Posted: yes but i believe the hardcore osim supporters are rewarded in a big way when the shares prices are depressed to 3 cents due to bad investements in brookestones. those who really held on i have to admire them, it rallied all the way close to 1.5 dollars.  all biz will go through some cycles, hopefully raffles are in the midst doing something constructive i.e. mr chew buys back shares to show public confidence of his company. catalysts like approval of universities in 3 different countries hopefully will drive up the px again. the biz model is there but restrained by many factors in the markets. investors have to recognize this. next step of opening up in india market could be a big thing, the market in china may be slow for time being due to the education system, it may change. mr chew maybe looking at another strategic investor for partnership since the last one withdrew their stakes. khazanah discussion will need to be sped up to regain public confidence. not sure about the dual listing in nasdaq is on the way or in 2013, they may need to inform the sharesholders on the status on this. it may not happen as the previous investors withdrew stakes, too much doubts sink in, investor relations will need to be strengthen to regain public and investors again. but i strongly believe the current px range is already at bottom. it is one of the worst performing stocks, do pick up when wait for its rally patiently when you will be rewarded when events as mentioned occurs.

 

yes but i believe the hardcore osim supporters are rewarded in a big way when the shares prices are depressed to 3 cents due to bad investements in brookestones. those who really held on i have to admire them, it rallied all the way close to 1.5 dollars. 

all biz will go through some cycles, hopefully raffles are in the midst doing something constructive i.e. mr chew buys back shares to show public confidence of his company. catalysts like approval of universities in 3 different countries hopefully will drive up the px again. the biz model is there but restrained by many factors in the markets. investors have to recognize this. next step of opening up in india market could be a big thing, the market in china may be slow for time being due to the education system, it may change. mr chew maybe looking at another strategic investor for partnership since the last one withdrew their stakes. khazanah discussion will need to be sped up to regain public confidence. not sure about the dual listing in nasdaq is on the way or in 2013, they may need to inform the sharesholders on the status on this. it may not happen as the previous investors withdrew stakes, too much doubts sink in, investor relations will need to be strengthen to regain public and investors again. but i strongly believe the current px range is already at bottom. it is one of the worst performing stocks, do pick up when wait for its rally patiently when you will be rewarded when events as mentioned occurs.

   

 

If it still goes down just a few notches,

    the casually regarded 'rough ride' can mean  lots of nail-biting

       and sleepless nights for some heavy holders...

masterlim      ( Date: 03-Dec-2010 23:16) Posted: currently unfavourably. tough to make if contra. if hold for mid to long term, should be able to after approval of the universities and khazanah group's increase of stakes. nevertheless, it is asia largest private education provider, and mr chew and his wife holds quite a stanstantial amount of shares, they wont just let this go. i believe they are in the midst of discussing other matters to bring back the kind of revenue and market status they enjoyed years back. hold on to the rough ride for the vested for this counter.

 

currently unfavourably. tough to make if contra. if hold for mid to long term, should be able to after approval of the universities and khazanah group's increase of stakes. nevertheless, it is asia largest private education provider, and mr chew and his wife holds quite a stanstantial amount of shares, they wont just let this go. i believe they are in the midst of discussing other matters to bring back the kind of revenue and market status they enjoyed years back.

hold on to the rough ride for the vested for this counter.

 

I buy at $0.255  Any hope to earn money next week ?