Raffles Education

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12 years 4 months ago #7780 by pine
Replied by pine on topic Re:Raffles Education
Up 4 cents today..... almost 10% up.... closed at 45.5 cents. Kena queried by SGX, standard reply given : we are not aware of the reason for the trading activity.

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12 years 4 months ago #7789 by pine
Replied by pine on topic Re:Raffles Education
Aug 2011.
S$0.435 | Neutral
Credit Suisse upgrades Raffles Education to Neutral from Underperform given the stock’s recent underperformance and keeps S$0.45 target price.
It says Raffles Education reported weak Q4 results, with revenue down 19 per cent on year, and excluding S$76.8 million in revaluation gains on its OUC investment property, “would have reported S$14.2 million net loss, marking the worst quarterly performance since listing”.
House says Raffles Education’s earnings outlook in China remains challenging, but it sees further traction from new colleges across Asia and upside from larger-scale university projects in Malaysia, India and Australia.

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11 years 8 months ago #10535 by DB
Replied by DB on topic Re:Raffles Education
Lousy numbers for FY12. just announced
But have a feeling they want to take all the bad news into FY12 statement in order that FY13 will look cleaned up and beautiful.

Any expert here on Raffles Education?

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11 years 8 months ago #10560 by DB
Replied by DB on topic Re:Raffles Education
 Raffles is asking for money from shareholders ....

S$0.14 for each Rights Share on the basis of one (1) Rights Share for every five (5) existing Share

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11 years 8 months ago #10561 by GB
Replied by GB on topic Re:Raffles Education
Hopeless stock..Raffles EDU

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11 years 8 months ago #10575 by Val
Replied by Val on topic Re:Raffles Education
Touched a low of 34.5 cents today. So sad.

Once was a S$4 stock that made most people hit their forehead in despair at missing the train to being a millionaire.

Can it do an OSIM????

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