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881-900 of 1924
tOlent frOm P I A ?
boyikao3 ( Date: 27-Mar-2010 15:06) Posted:
REC now issuing their own certificates which are not recognised by other Universities in the world. Regarding teachers, heard from the grapevine, some don't even have the right certificate to be teaching the classes - from fillipines, India and China.
178investors ( Date: 26-Mar-2010 16:45) Posted:
| whay you waiting for to buy an edution? the teachers there good or not? degree diploma certs recognised or not?any big time ceo graduate from institutes. let me know if got hidden value here. |
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your wish may come true if shortists out there workin harder frm 41 cts till now still meat to short...my view only...basayor
This one was at one time >65cts. Now coming to this low. Will it be 30cts soon?????
TuaPekGong9413 ( Date: 31-Mar-2010 10:27) Posted:
| interesting drop.....hope to see more dropping before scooping some |
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interesting drop.....hope to see more dropping before scooping some
It should go down and cover that big gap soon...
on my radar screen to short....
REC now issuing their own certificates which are not recognised by other Universities in the world. Regarding teachers, heard from the grapevine, some don't even have the right certificate to be teaching the classes - from fillipines, India and China.
178investors ( Date: 26-Mar-2010 16:45) Posted:
| whay you waiting for to buy an edution? the teachers there good or not? degree diploma certs recognised or not?any big time ceo graduate from institutes. let me know if got hidden value here. |
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whay you waiting for to buy an edution? the teachers there good or not? degree diploma certs recognised or not?any big time ceo graduate from institutes. let me know if got hidden value here.
Why never come down, been waited for so many weeks at 35cents........
So strong support at 37cents
Even worse?
renzokun ( Date: 24-Mar-2010 12:54) Posted:
time to go bck 0.35 hahah  |
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time to go bck 0.35 hahah
Short Ah!!!!!!!
with lOw incOme till 2011, PRiCE may TANK tO
52 wEEk lOw S$0.335
ALL Time lOw S$0.255
Net Asset Value S$0.110
[jUSt wOnder where did all the mOney go to?]
ALL depends on the market support
Or REC buyback?
xavier26 ( Date: 24-Mar-2010 11:44) Posted:
Dear pharoah88,
I totally agree on that statement you make. All information in this counter project brighter prospect in 2011. So In the short term this counter should visit 0.32-0.34 range again. There is no earnings to support 0.37-0.41.
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| RafflesEdu |
Symbol:
E6D |
Currency:
Singapore Dollar |
| Last: |
0.375 |
 -0.0050 |
Vol (K): 6109.0 |
| Trading |
| Updated Time |
24-Mar 11:27 |
| Open |
0.385 |
High |
0.385 |
Low |
0.375 |
| Prev Close |
0.38 |
Buy |
- |
Sell |
- |
| Volume(K) |
6109.0 |
Buy Vol(K) |
- |
Sell Vol(K) |
- |
| 52 Wk High |
0.69 |
52 Wk Low |
0.335 |
52 Wk Avg Vol |
13895.298 |
| All Time High |
1.38 |
All Time Low |
0.255 |
|
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| Comments |
No Info |
*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.
| Financials |
| Date Updated |
26 Feb 2010 |
Financial Year |
30 Jun 2009 |
Current Year Profit
(After Tax) $'000,000 |
51.12 |
Previous Year Profit
(After Tax) $'000,000 |
98.821 |
| Net Asset Per Share |
0.11 |
Turnover $'000,000 |
477.62 |
Current Year EPS
(After Interest and Tax) |
0.02 |
Previous Year EPS
(After Interest and Tax) |
0.04 |
| PE Ratio (After Tax) |
19.3 |
Times Covered |
1.3 |
| Price (at update time) |
0.385 |
Dividend Yield |
0.04 |
*Technical Analysis Information is updated Daily
| Technicals |
| RSI |
44.58 |
Williams %R |
-87.5 |
| Comments (RSI) |
No Info |
Comments (W%R) |
Oversold |
Dear pharoah88,
I totally agree on that statement you make. All information in this counter project brighter prospect in 2011. So In the short term this counter should visit 0.32-0.34 range again. There is no earnings to support 0.37-0.41.
Raffles Education: Potential resolution of OCL incident
Summary: Raffles Education Corp (REC) may finally see some light at the end of the tunnel that is Oriental Century Limited (OCL). ISS Corp (a group which owns and manages international schools in Singapore and China) and OCL have agreed to a transaction involving a scheme of arrangement; and via the scheme, shareholders of OCL will migrate to become ISS shareholders, with the plan to eventually list ISS on Catalist.
However, we note that the scheme is subject to several conditions and there may be potential dilution arising from the issue of new ISS shares to OCL creditors. While REC has taken an impairment charge of S$33m for OCL in FY09, it is unlikely to book any writeback from the listing of ISS.
On its core operations, REC may not see any significant growth until FY11 at the earliest, as new colleges take 2-3 years to achieve breakeven. Nevertheless, the latest developments vindicate our view that the worst is likely over for REC.
Hence, we maintain our HOLD rating and S$0.37 fair value (based on 20x blended FY10/FY11 EPS). (Carey Wong)
Can this stock sink further??? Or will it hold??
eh pharoah, how old r u? going by ur nick does it refer to 1988? i am just curious
if so u must be at least 20+ yrs old now. i tot only yOUnG skOOl boyZ type tHe wAy u Do
this Raffles is nOt that RAFFLES at Raffles Place.
Yes, that could be one of the reason I suppose!
pharoah88 ( Date: 21-Mar-2010 15:10) Posted:
there was virus
AnthonyTan ( Date: 17-Mar-2010 14:10) Posted:
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The way you type your posting, these students who have
Alternative Education qualification wont't be able to read.
You haven't change your keyboard?????? hahaha |
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