Raffles Edu    Last:0.124   -

A Few Good Men

This is how a master beefs up his stakes to 47% in his way undervalued company without triggering a GO.
It also shows how undervalued the company is for Mr Chew to " risk" his $15mil by exchanging them for Raffles Education shares.
Or was it a golden opportunity for him I should ponder.
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Joelton      ( Date: 01-Nov-2025 09:39) Posted: Raffles Education jumps 19% on debt conversion, special dividend plan The proposal will raise chairman Chew Hua Seng&rsquo s stake to nearly 48%   [SINGAPORE] Shares of Raffles Education surged over 19 per cent on Friday (Oct 31) morning after the company announced a debt conversion plan.   It reached a one-year peak of S$0.081 at 9.02 am, shortly after the market opened. By 9.30 am, the price had calmed to S$0.076.   The investor enthusiasm followed an announcement released through the Singapore Exchange on Thursday night that the company plans to convert about S$15.53 million in outstanding debt owed to chairman and chief executive officer Chew Hua Seng into new ordinary shares.   The proposal also includes a special interim dividend of S$0.004 per share for all shareholders.   The proposed debt conversion aims to settle outstanding amounts from unlisted, non-convertible bonds (S$11.75 million) and a loan (S$3.78 million) previously extended by Chew.    The company said the move is part of a broader strategy to &ldquo manage its debt obligations, improve its balance sheet, and support its long-term financial sustainability&rdquo .   By converting the debt to equity, the group expects to reduce its overall financial leverage and alleviate repayment obligations, thereby improving its cash-flow position.    The conversion will not raise any new cash proceeds.   A total of about 241.1 million new &ldquo conversion shares&rdquo will be issued to Chew, representing 17.3 per cent of the company&rsquo s existing share capital. These shares will not be eligible for the special dividend.   The new shares will be issued at S$0.0644 each.   To reward shareholders and &ldquo partially offset the dilutive impact&rdquo of the conversion, the company plans to issue a special dividend of S$0.004 per share. This dividend is conditional on shareholders approving the debt conversion.   The dividend will also be accompanied by a scrip dividend scheme. To support the company&rsquo s cash conservation efforts, Chew and his concert parties have agreed to receive their entire dividend entitlement &ndash estimated at S$2.1 million &ndash in the form of new scrip shares instead of cash.    Chew&rsquo s current stake, held with his concert parties, is 37.82 per cent. Following the completion of both transactions, their aggregate shareholding is projected to rise to 47.99 per cent.   The move comes just two months after Raffles Education released its H2 results ending June FY2025, which saw the company fall into the red with a net loss of S$3 million.    The company&rsquo s finances have also been under scrutiny. On Oct 14, 2025, the company announced that its independent auditor had flagged a &ldquo material uncertainty related to going concern&rdquo in its report for the FY2025 results.    The auditor highlighted that as at Jun 30 this year, the group&rsquo s current liabilities exceeded its current assets by S$85.8 million.

 

 

Bb go holiday Liao All just a trapped 😭 IMO No major bug push Just a lu

 

Quite obvious big boss is making his moves to beef up his stakes in the company with the convertible bonds into shares.
Everyone knows there is tremedous value in this company with its vast holdings of property assets.

NAV $0.42
 

SmallSmall      ( Date: 31-Oct-2025 09:15) Posted: Proposed special dividend of $0.004 Jiyaji      ( Date: 31-Oct-2025 08:14) Posted: As expected ... atleast hope it gave some sizable returns to those who acted then .

 

buy at opening and out at 80, with small position to short at 80 hope to cover 75 or less

 

catch shortist towards 8 series... 

 

Proposed special dividend of $0.004

Jiyaji      ( Date: 31-Oct-2025 08:14) Posted: As expected ... atleast hope it gave some sizable returns to those who acted then .. Jiyaji      ( Date: 21-Jul-2025 13:22) Posted: Raffles Education' s NAV is ~$0.42 and it is trading at $0.044 ... that is like 90% discount to NAV. With a free float of ~40%+ wonder why nobody is swooping down to take it over .. Or is it a gone case ???

 

As expected ... atleast hope it gave some sizable returns to those who acted then ..

Jiyaji      ( Date: 21-Jul-2025 13:22) Posted: Raffles Education' s NAV is ~$0.42 and it is trading at $0.044 ... that is like 90% discount to NAV. With a free float of ~40%+ wonder why nobody is swooping down to take it over .. Or is it a gone case ???

 

I. PROPOSED CONVERSION OF OUTSTANDING AMOUNTS OWED INTO NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (S$0.0644 per share)

II. PROPOSED SPECIAL INTERIM DIVIDENDS($0.004)

https://links.sgx.com/1.0.0/corporate-announcements/9N012PWGQX3GRB7W/865533_RE%20-%20Proposed%20Conversion%20of%20Outstanding%20Amounts%20Owed%20into%20New%20Ordinary%20Shares%20and%20Special%20Interim%20Dividend%20-%2030%20October%202025.pdf

 

halted cannot cut loss liao

 

no 100 no sell

 

Definitely still very cheap at this level. Never will see these prices again.

trader1970      ( Date: 16-Oct-2025 14:41) Posted: PA shows inching up and bullish uptrend, WATCH... First target price is 70 to 73.. next stop is 76. If there are positive catalyst news announcement, this will BO at 77 and it will hell of a multibagger..    SmallSmall      ( Date: 16-Oct-2025 13:39) Posted: You are right indeed. Based on the chart, it does look it is on the path to recovery. They hold lots of property assets with NAV of $0.39 and they have been trying to sell the big one at Merchant Road. Volume is not high but prices have been trending up. $0.067 +$0.00

 

PA shows inching up and bullish uptrend, WATCH... First target price is 70 to 73.. next stop is 76. If there are positive catalyst news announcement, this will BO at 77 and it will hell of a multibagger..   

SmallSmall      ( Date: 16-Oct-2025 13:39) Posted: You are right indeed. Based on the chart, it does look it is on the path to recovery. They hold lots of property assets with NAV of $0.39 and they have been trying to sell the big one at Merchant Road. Volume is not high but prices have been trending up. $0.067 +$0.006 QueenMaya      ( Date: 22-Sep-2025 11:58) Posted: Cannot find a company trading at such huge discount to NAV and Company has returned to net profit positive. Accumulate now.

 

You are right indeed.
Based on the chart, it does look it is on the path to recovery.
They hold lots of property assets with NAV of $0.39 and they have been trying to sell the big one at Merchant Road.
Volume is not high but prices have been trending up.
$0.067 +$0.006

QueenMaya      ( Date: 22-Sep-2025 11:58) Posted: Cannot find a company trading at such huge discount to NAV and Company has returned to net profit positive. Accumulate now. shk363      ( Date: 10-Sep-2025 10:45) Posted: spoke too soon... testing 70 nex

 

Cannot find a company trading at such huge discount to NAV and Company has returned to net profit positive. Accumulate now.

shk363      ( Date: 10-Sep-2025 10:45) Posted: spoke too soon... testing 70 next shk363      ( Date: 09-Sep-2025 15:35) Posted: cannot break 60

 

spoke too soon... testing 70 next

shk363      ( Date: 09-Sep-2025 15:35) Posted: cannot break 60

 

cannot break 60

 

yes if got profit quickly square off first

SmallSmall      ( Date: 08-Sep-2025 11:55) Posted: Say it too soon....Now reversed liao....:( SmallSmall      ( Date: 08-Sep-2025 11:30) Posted: This one pattern seems to have changed. Keep trending up....$0.06 +$0.002 NAV $0.3997. It is trading at a very very deep discount but unfortunately even OHL also gave up.

 

Say it too soon....Now reversed liao....:(

SmallSmall      ( Date: 08-Sep-2025 11:30) Posted: This one pattern seems to have changed. Keep trending up....$0.06 +$0.002 NAV $0.3997. It is trading at a very very deep discount but unfortunately even OHL also gave up.

 

go with the BB... but like what OHL used to say, 见 好 就 收 。

SmallSmall      ( Date: 08-Sep-2025 11:30) Posted: This one pattern seems to have changed. Keep trending up....$0.06 +$0.002 NAV $0.3997. It is trading at a very very deep discount but unfortunately even OHL also gave up.