Post Reply
41-60 of 1138
Raffles Education Delivers Resilient Business Performance with Strengthened Balance Sheet in 9M2026.
&bull Liquidity position improved with increased cash and bank balances of S$46.18 million as at 31 March 2026 (as compared to S$16.86 million as at 30 June 2025), alongside deleveraging and strategic asset monetisation initiatives.
&bull Total Group borrowings reduced substantially to S$84.99 million as at 31 March 2026, compared to S$206.78 million as at 31 March 2025, of which S$40.99 million was attributable to its Hong Kong Stock Exchange-listed subsidiary, Oriental University City Holdings (H.K.) Ltd and net value of S$35.19 million convertible bonds (gross value $38.83m), of which net value of S$31.75 million (gross value $35.03m) is held by the Company&rsquo s Chairman and CEO, Mr Chew Hua Seng.
&bull The Company&rsquo s standalone bank borrowings have been reduced to zero.
&bull Finance costs decreased to S$10.67 million in 9M2026, reflecting lower borrowings and reduced interest rates as part of the Group&rsquo s ongoing deleveraging efforts and strategic asset monetisation initiatives.
&bull Net assets increased to S$713.17 million that are mainly anchored by substantial freehold property assets with net asset value per ordinary share of 35.13 SG cents as at 31 March 2026.
&bull Underpinning its resilient private education business model in ASEAN, Raffles Education benefits from a highly scalable platform with low incremental capital expenditure as a substantial portion of its land and buildings, classified as property, plant and equipment and developed for its core education operations, are fully paid up and unencumbered.
&bull The Group is focusing on the expansion of its premium K&ndash 12 education segment across ASEAN, including plans to establish a new K&ndash 12 campus in Jakarta, Indonesia, in the second half of 2026.
&bull Alongside a significant reduction in borrowings, the Group aims to further strengthen its financial performance through disciplined cost management across its operations, driving margin expansion and supporting the delivery of long-term sustainable value as a premier education group in Asia.
RafflesEdu_PR_3Q2026_7May2026.pdf
&bull Highlighting the resiliency of its private education business model in ASEAN built over 36 years, the Group&rsquo s revenue remained relatively stable with core earnings of S$22.71 million in 9M2026, despite the disposal of Raffles Hefei (which owns Wanbo Science and Technology Vocational College) that was completed in the 1st Half of FY2026 and the impact of a stronger Singapore dollar.
&bull Net cash generated from operating activities improved to S$16.25 million during 9M2026, supported by advance course fee collections.&bull Liquidity position improved with increased cash and bank balances of S$46.18 million as at 31 March 2026 (as compared to S$16.86 million as at 30 June 2025), alongside deleveraging and strategic asset monetisation initiatives.
&bull Total Group borrowings reduced substantially to S$84.99 million as at 31 March 2026, compared to S$206.78 million as at 31 March 2025, of which S$40.99 million was attributable to its Hong Kong Stock Exchange-listed subsidiary, Oriental University City Holdings (H.K.) Ltd and net value of S$35.19 million convertible bonds (gross value $38.83m), of which net value of S$31.75 million (gross value $35.03m) is held by the Company&rsquo s Chairman and CEO, Mr Chew Hua Seng.
&bull The Company&rsquo s standalone bank borrowings have been reduced to zero.
&bull Finance costs decreased to S$10.67 million in 9M2026, reflecting lower borrowings and reduced interest rates as part of the Group&rsquo s ongoing deleveraging efforts and strategic asset monetisation initiatives.
&bull Net assets increased to S$713.17 million that are mainly anchored by substantial freehold property assets with net asset value per ordinary share of 35.13 SG cents as at 31 March 2026.
&bull Underpinning its resilient private education business model in ASEAN, Raffles Education benefits from a highly scalable platform with low incremental capital expenditure as a substantial portion of its land and buildings, classified as property, plant and equipment and developed for its core education operations, are fully paid up and unencumbered.
&bull The Group is focusing on the expansion of its premium K&ndash 12 education segment across ASEAN, including plans to establish a new K&ndash 12 campus in Jakarta, Indonesia, in the second half of 2026.
&bull Alongside a significant reduction in borrowings, the Group aims to further strengthen its financial performance through disciplined cost management across its operations, driving margin expansion and supporting the delivery of long-term sustainable value as a premier education group in Asia.
RafflesEdu_PR_3Q2026_7May2026.pdf
Very nice BBs want more to board 1st..
Look at the news just released. don?t just also cannot liao..
https://links.sgx.com/1.0.0/corporate-announcements/OG1PJWY3ULN3DUKI/446582fe9a5b0d0127119c46890adc7b22397a57bc3ce2eac1946d03d67977cb
Look at the news just released. don?t just also cannot liao..
https://links.sgx.com/1.0.0/corporate-announcements/OG1PJWY3ULN3DUKI/446582fe9a5b0d0127119c46890adc7b22397a57bc3ce2eac1946d03d67977cb
Thought this one full of steam today to cheong..... Why close flat?
cheong...
Tracer63 ( Date: 07-May-2026 14:31) Posted:
|
149 buy queue keeps topping up, Buy, will be flying soon
need to clear 0.153 first ...
Neutral_Guy ( Date: 07-May-2026 13:43) Posted:
|
Can you just tell me some white lies. Hahahaha
easywin ( Date: 07-May-2026 12:00) Posted:
|
I don' t think any good news and more likely traders speculative counter
Neutral_Guy ( Date: 07-May-2026 11:52) Posted:
|
I think the China land sales will have some news soon.
TraderBen ( Date: 07-May-2026 11:09) Posted:
|
please dont release any news..chiong to 20 cents 1st
PQTPQK ( Date: 07-May-2026 11:00) Posted:
|
good news coming ??
Neutral_Guy ( Date: 07-May-2026 10:29) Posted:
|
Wow. 1 scoop 2.3m shares at 0.15 bought. Powerful.
Hope that we can push higher today. Keep it up.
Closed very strong
QueenMaya ( Date: 06-May-2026 16:56) Posted:
|
Here it comes again. Something good to happen i am sure. NAV 34 cts room to double. Lets go.
shk363 ( Date: 06-May-2026 13:48) Posted:
|
the share placement and share conversions signal the deep value
Neutral_Guy ( Date: 06-May-2026 13:41) Posted:
|
Already 4 months. Should be out pretty soon. Hope that all of us can win big. Don?t contra. Just buy and keep.
Today very weak, contra due date?
When the China land sales price be out? Anyone knows?
All bets are off as oil prices rocketed. We may see a melt down with the prolonged blockage by US and opening of Hormuz straits in doubts.