
can still move...but the most up to 52cts in near term....and
if the announced property deal is complete and successful in future,,,, may try go higher up to 63cts....
anything higher than that will be difficult and may have to wait for a long time....just a personal opinion... 
Can this stock move.. been forcing me to hold this. huge huge lost.. 
 
" ....The exact process and mechanism and any further terms for implementation and  completion of the transfer has not yet been finalised. The Vendors and the Purchaserare currently in discussions with the relevant authorities whose approval of the transfer  will be required, to reach agreement on the most efficient structure, process and  mechanism to achieve this transfer......"        
while news is good, it it still NOT complete yet....... but will be very good once everything is confirmed and done...
 
 
 
BUSINESS TIMES  March 01, 2012
Raffles
Edu unit to sell Hebei properties for US$159m    8.31 am
 
Stock Price fly up so fast....
Some one is taking over.......
What is the price.....who can share???
this stock is dead. . anyone update ???
 
any idea if raffles edu is going to distribute the 0.005 cents dividend ?
If analysts are so accurate... they would have made a large bundle of moolah in no time and would be living whatever dream life they want. I just skim through such reports of general information. I honestly doubt any analyst would dare to publicly display their track record (or should I say loack of track record?) with regards to the accuracy of their target price for whatever counter they cover.
louis001 ( Date: 10-Feb-2012 09:26) Posted:
|
This counter is a breakout play.
Tomorrow should rise fast, price-reward may not be that attractive any more for entering should it open with a gap up.
Resistance @ 59c, 62c, 65c.
Personally, I would rather short @ resistance points. 
Good Luck :p 
I think can buy Raffles Edu today
Entry: $0.515 and Above
Stop-Loss: $0.480
Target: $0.590
More on my Blog at Alex Trades.
Good luck.
Quote " .....Incidentally, we note that Mr Oei’s other holdings also include a 3.5% stake in Raffles Education Corp. Could his " Midas touch" also have anything to do with the recent run-up in the share price of this counter? ..."
OHL also buy RE...another interesting guy ...
KE say buy tp: 0.65
DBS say hold.. tp 0.48 ....? 
  and the market trading price now is 0.50.....interesting
ppl still waiting for "   monetisation  of Oriental University City’s (OUC) landbank in CHINA    "
March 2011 dated
Our scenario analysis suggests that if Oriental University City (OUC) is successfully listed, then the market would be grossly understating the value of Raffles Education’s (REC) education business.
Our View
We reckon there is a good chance REC may float OUC on the Hong Kong Stock Exchange ahead of its targeted timeline of August 2013. Assuming that the initial public offering goes through, OUC could command a P/B of 1.5-1.7x (about S$700-800m), depending on market conditions. .
Separately, management is close to identifying a co-developer for the OUC land, which will therefore allow REC to monetise part of its RMB2b investment. A new master planning document has also been submitted to the relevant authorities to convert more land (in addition to the 280,000 sq m) for mixed residential/commercial use. However, based on the company’s experience, the approval process could take up to 1.5 years.
 
 
 
 
louis001 ( Date: 23-Dec-2011 23:21) Posted:
|
quote '...monetisation  of Oriental University City’s (OUC) landbank in CHINA  '
as can be seen from recent movement upside of stock price, certainly another case of " buy on rumour, sell on news" ?   probably only the insiders know the details....
Any news on OUC progress to list in HK stock Exchange..
RAFFLESEDUCATION
PROFIT OF S$16.9 MILLION FOR Q1FY2012
CORP POSTS REVENUE OF S$35.9 MILLION AND NET-
Revenue decreases 15% to S$35.9 million-
Net Profit increased from S$2.0 million to S$16.9 million-
Earnings per share at 2.08 cents-
Net Asset Value per share of 69.26 cents-
Cash position of S$90.7 million- Net gearing ratio of 0.23 times
Any news on this counter. SGX has querried them for their high vol.
Cheers.
 
the whole market is quiet with low vols....
long time no see...this guy at $0.50, up 2.5cts ...quietly.....