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A Few Good Men

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SmallSmall
    08-Sep-2025 11:30  
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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.
 
 
 
shk363
    05-Sep-2025 16:25  
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once pump to 80 better take profit
 
 
hschsc
    05-Sep-2025 16:17  
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Yes. You are right. This company doesn't give any dividends for many many year. Keep issue bonds pay a high interest. And you know who is subscribed.

shk363      ( Date: 05-Sep-2025 13:33) Posted:

pump and dump ?

 

 
Jiyaji
    05-Sep-2025 16:02  
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I don' t think so. The price action is gradual. Currently trading at 15-18% of NAV. Lots of upside even after taking into account all the troubles that the company seems to be in. Vested with exit price of 9 cents within 12 months
 

shk363      ( Date: 05-Sep-2025 13:33) Posted:

pump and dump ?

 
 
shk363
    05-Sep-2025 13:33  
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pump and dump ?
 
 
shk363
    24-Aug-2025 09:30  
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need to issue more bonds to pay the letter of demand
 

 
Joelton
    23-Aug-2025 10:03  
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Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is &lsquo without merit&rsquo
[SINGAPORE] Raffles Education has received a letter of demand claiming that it is liable for about 33.7 million yuan (S$6.2 million) in enterprise income tax and late payment penalties, the group disclosed in a bourse filing on Friday (Aug 22). 
 
The letter of demand is from Oriental University City Development Co, a Chinese company. The sum is said to be related to the transfer of an equity interest in the Bank of Langfang made by Oriental University in 2021 to a third party designated by Raffles Education : NR7 +2.08%.
 
Raffles Education believes that the claim is &ldquo without merit&rdquo , and is working with legal advisers to prepare a response. 
 
&ldquo The company&rsquo s position is that it has no liability for the tax payment in question, and (it) intends to vigorously dispute the claim in its entirety,&rdquo it said.
 
 
shk363
    06-Aug-2025 18:16  
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test 60 tomorrow. slow and steady

shk363      ( Date: 06-Aug-2025 09:24) Posted:

testing 60 today

 
 
Chansenghoe1971
    06-Aug-2025 15:45  
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Yes
My balance vol in sell q from 53/55
Hope shortists help eat up

SmallSmall      ( Date: 06-Aug-2025 15:44) Posted:

This one accumulating the whole day at $0.051 -$0.052
Don' t think the shorts have the chance to cover back yet.
See whether got party later......

shk363      ( Date: 06-Aug-2025 13:58) Posted:

yes the main shareholder can privatise easily with 40 to 50 mi


 
 
SmallSmall
    06-Aug-2025 15:44  
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This one accumulating the whole day at $0.051 -$0.052
Don' t think the shorts have the chance to cover back yet.
See whether got party later......

shk363      ( Date: 06-Aug-2025 13:58) Posted:

yes the main shareholder can privatise easily with 40 to 50 mil

SmallSmall      ( Date: 06-Aug-2025 09:54) Posted:

The NAV is $0.42 and I believe it is real.
Only problem is it will likely be privatised way below that as usual.
 


 

 
shk363
    06-Aug-2025 13:58  
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yes the main shareholder can privatise easily with 40 to 50 mil

SmallSmall      ( Date: 06-Aug-2025 09:54) Posted:

The NAV is $0.42 and I believe it is real.
Only problem is it will likely be privatised way below that as usual.
 

shk363      ( Date: 06-Aug-2025 09:43) Posted:

the offer price was lowered to 135 mil but silill no news of any buye


 
 
Neutral_Guy
    06-Aug-2025 10:28  
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They have cleared many lawsuits and the owner keeps pumping in money. It is surely worth to invest here. Education is still important in this society.
 
 
spursfan
    06-Aug-2025 10:00  
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SmallSmall
    06-Aug-2025 09:54  
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The NAV is $0.42 and I believe it is real.
Only problem is it will likely be privatised way below that as usual.
 

shk363      ( Date: 06-Aug-2025 09:43) Posted:

the offer price was lowered to 135 mil but silill no news of any buyer

SmallSmall      ( Date: 06-Aug-2025 09:39) Posted:

If they can sell their property at Merchant Road, then it will be a different asset play.
That one I think is in the market for about  $200 mil


 
 
shk363
    06-Aug-2025 09:43  
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the offer price was lowered to 135 mil but silill no news of any buyer

SmallSmall      ( Date: 06-Aug-2025 09:39) Posted:

If they can sell their property at Merchant Road, then it will be a different asset play.
That one I think is in the market for about  $200 mil !

trader1970      ( Date: 06-Aug-2025 09:35) Posted:

you r right. BO 52, will test 60 and above :):


 

 
SmallSmall
    06-Aug-2025 09:39  
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If they can sell their property at Merchant Road, then it will be a different asset play.
That one I think is in the market for about  $200 mil !

trader1970      ( Date: 06-Aug-2025 09:35) Posted:

you r right. BO 52, will test 60 and above :):)

shk363      ( Date: 06-Aug-2025 09:24) Posted:

testing 60 today


 
 
trader1970
    06-Aug-2025 09:35  
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you r right. BO 52, will test 60 and above :):)

shk363      ( Date: 06-Aug-2025 09:24) Posted:

testing 60 today

 
 
shk363
    06-Aug-2025 09:24  
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testing 60 today
 
 
Newbie85
    05-Aug-2025 21:49  
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Reminds me of leader env. 

Will load some in coming days. 
 
 
shk363
    05-Aug-2025 11:03  
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value unlocked once it starts divesting its properties
 
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