Post Reply
81-100 of 1924
Good Buy !
| Day High: | 0.260 | Net Change: | 0.000 | Total Value: | 504,660 |
| Day Low: | 0.260 | Last Done: | 0.260 | Volume: | 1,941,000 |
|
hunger for education ..... just look at the no. of education centres / schools mushrooming up .....
the new generation seems to understand the need to learn and upgrade .....
still many out there needed to be equipped with education .....
if price go up after 3:1, how would chartist interpret its chart pattern?
everything has two sides, just like any transaction got buyers and sellers....on the other hand, they may not want to give an example that create false hopes of higher share price for shareholders before 3:1 consolidation...so to be scared and afraid is not a bad thing huh... good luck to all.
So they want to scare the shit out from the Ass. LOL.
I bought my share in S$0.255, good luck.
louis001 ( Date: 15-Mar-2011 21:03) Posted:
|
just checked the circular to shareholders: 2.7 pg 7, it states for illustrative purposes only, excludes treasury shares:
after consolidation : $458,079,000 / 854,474,587shares = $0.54/shr. If that is the case, than the REdu shares before consolidation will have to DROP to $0.18 for this to happen, really very very scary.... if it is for illustrative purposes only, than this example 2.7 is a very lousy and scary one ....
knightrider ( Date: 15-Mar-2011 12:24) Posted:
|
knightrider ( Date: 09-Mar-2011 12:21) Posted:
|
No lah, your what testing here an there is all gone. I think it is as solid as a rock at S$0.25 to S$0.255. Read my earlier post, I buy at S$0.255, now still the same ! Keep and hold this share.
calculus1985 ( Date: 11-Mar-2011 07:10) Posted:
|
RaffleEdu is testing the Resistance level around 0.28 region. Seem like it might go sideway or back down ...
read my detail analysis of RaffleEdu here
| RAFFLES EDUCATION ORD SGX |
|
|     |
Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears. |
Agree, does not make sense. Better double check the calculated figures, based on what assumptions, what unit of measure and what value it represents and what it meant, asset, revenue, earning, price, cash?
Consolidation and bonus are LPPL game.....
Consolidation > after combine all and we get the value.... Bonus > after split all we get the value.....
end of the day.... your value still the same !!
Does not make sense. You would think that the directors will want to make their shareholders happy with price appreciatio, not price depreciation. Considering that the present price is already almost rock bottom. Why will people be buying this last two days if so ?
knightrider ( Date: 09-Mar-2011 12:44) Posted:
|
You read the send out circular to post to share holder and the meeting at 23rd Mar, inside there is this whole market cap reduce against the $$ in reduction and when you divided is S$0.54.
The circular, page 7, chapter 2.7 ! Someone read this way and interpret this way, so scary ???
Huh ? That's 0.18 cents in today's terms ? Can be so low ? Where did you see this from may I ask ?
knightrider ( Date: 09-Mar-2011 12:21) Posted:
|
I just read from somewhere, after consolidated, will become S$0.54, don't know zhun bo ? A bit scary !!!
Thanks. That's just two weeks away. If anything is going to happen, it'll be within this week....
knightrider ( Date: 09-Mar-2011 12:16) Posted:
|
RAFFLES EDUCATION CORPORATION LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration Number: 199400712N)
CIRCULAR TO SHAREHOLDERS
IN RELATION TO
(I) THE PROPOSED CONSOLIDATION OF EVERY THREE (3) EXISTING
ORDINARY SHARES IN THE CAPITAL OF THE COMPANY INTO ONE (1)
ORDINARY SHARE IN THE CAPITAL OF THE COMPANY (THE “SHARE
CONSOLIDATION”)
(II) THE PROPOSED ADOPTION OF THE NEW RAFFLES EDUCATION
CORPORATION EMPLOYEES’ SHARE OPTION SCHEME (YEAR 2011) (THE
“NEW SCHEME”) AND
(III) THE PROPOSED PARTICIPATION OF MR CHEW HUA SENG (“MR CHEW”) IN
THE NEW SCHEME.
IMPORTANT DATES AND TIMES:
Last date and time for lodgment of Proxy Form : 21 March 2011 at 11.00 a.m.
Date and time of EGM : 23 March 2011 at 11.00 a.m.
Place of EGM : Vanda Ballroom, Level 5
Marina Mandarin Singapore
6 Raffles Boulevard, Marina Square
Singapore 03959
REdu supposed to call shareholders meeting to get approval. Still waiting for the notification letter. Should be coming soon within this month.
GuavaXF30 ( Date: 09-Mar-2011 11:39) Posted:
|
Oic, so you just calculate and assume this way. If this is what u think, then I will advice you to hit it right and hard. Then the company Raffles and the major and fund investor will 1st likely push up as high as they can and then set the price straight, then it will reflect and show a beautiful price.
I really do not know whether this is the way they do. I buy because, this counter is still making profit and gives dividend and their cash at hand is still at S$82m after recent buy of properties. And not as someone assume and just because drop in revenues and claim this is a lost business. A drop in revenues and still has profit and lost is entirely 2 different pictures. Good Luck to all who invested.