Raffles Edu    Last:0.122    +0.002

A Few Good Men

hope you right again

Chansenghoe1971      ( Date: 14-Jan-2024 13:10) Posted: Abnormal closing and I think watch this ok coming week.

 

The fact that CHS acquired 17,575,000 CB on 4th January 2024 is significant as this will allow him the rights to convert the CB into 17,575,000 ordinary @ $0.065 (although his effective conversion rate is $0.05499 which is the market closing price).
Don' t see why he should throw in $14.8 mil if he does not see value in his own company.

The same as what OEL probably saw but unfortunately he was outlasted and outplayed till he gave up and walked away. 

A lot depends on how the company can unlock its properties holdings.
If the NAV of $0.432 is real, it just showed how much can be realised if the property assets can be unlocked (even if you give generous discounts to the company' s assets)
 

 

A company that is hard to place any hope on,  unstable earnings, but shares are surprisingly large 1.39B. 

shk363      ( Date: 12-Jan-2024 17:05) Posted: Yes we small shareholders can only hope for his generosity SmallSmall      ( Date: 12-Jan-2024 16:48) Posted: This counter does have a lot of value in their unlocked assets. CHS has in fact recently acquired    17,575,000 of the company' s Convertible Bonds My take is he will eventually (of course he will outlast everyone) privatise the company for his own benefits. As far as trading is concern, this counter has dropped from $0.20 to current levels. And it has a NAV of $0.43  So no need to think too much. May not make but not likely to lose a leg or hand.

 

Abnormal closing and I think watch this ok coming week.

 

Waiting for the big announcement hope same scale as Chasen then 8/9 mo problem

 

Yes we small shareholders can only hope for his generosity

SmallSmall      ( Date: 12-Jan-2024 16:48) Posted: This counter does have a lot of value in their unlocked assets. CHS has in fact recently acquired    17,575,000 of the company' s Convertible Bonds My take is he will eventually (of course he will outlast everyone) privatise the company for his own benefits. As far as trading is concern, this counter has dropped from $0.20 to current levels. And it has a NAV of $0.43  So no need to think too much. May not make but not likely to lose a leg or hand.

 

This counter does have a lot of value in their unlocked assets.
CHS has in fact recently acquired    17,575,000 of the company' s Convertible Bonds

My take is he will eventually (of course he will outlast everyone) privatise the company for his own benefits.
As far as trading is concern, this counter has dropped from $0.20 to current levels.
And it has a NAV of $0.43 
So no need to think too much. May not make but not likely to lose a leg or hand.

 

Watch this. Big action datang

 

OHL can come in again anytime. Or did he say he is not going to touch this anymore? Once he comes in easily a few cents up in a month.

Chansenghoe1971      ( Date: 12-Jan-2024 11:58) Posted: Wait for the coming news if successful will unlock cash. CHS should privatise with such cash stash OHL already out shk363      ( Date: 12-Jan-2024 11:51) Posted: Deeply undevalued because of one BB exiting due to dispute

 

Wait for the coming news if successful will unlock cash. CHS should privatise with such cash stash
OHL already out

shk363      ( Date: 12-Jan-2024 11:51) Posted: Deeply undevalued because of one BB exiting due to dispute

 

Deeply undevalued because of one BB exiting due to dispute

 

Watching too

 

Okay watch only.

Chansenghoe1971      ( Date: 12-Jan-2024 10:04) Posted: Watch this

 

Watch this

 

Now this laggard next.

 

It is coming. No joke

Chansenghoe1971      ( Date: 21-Dec-2023 14:07) Posted: Now, If I say it may Cheong to 20 series, many will laugh die me.

 

Good morning

 

Now, If I say it may Cheong to 20 series, many will laugh die me.

 

Not much sellers. Very abnormal.

 

Yeap. Should be happening and cash hordes after this deal materialises. Punching through dark clouds to clear blue sky.
Chew and gang should privatize. So cheap now

SmallSmall      ( Date: 21-Dec-2023 13:54) Posted: 30th August 2023 UPDATE ON PROPOSED SALE OF PROPERTY THROUGH PUBLIC TENDER The Board of Directors (the &ldquo Board&rdquo ) of Raffles Education Limited (the &ldquo Company&rdquo ), refers to the Company&rsquo s announcement dated 21 June 2023 (&ldquo Public Tender Announcement&rdquo ) in relation to the proposed sale of the property located at 51 Merchant Road, Singapore 058283 (the &ldquo Property&rdquo ) to a purchaser and at a purchase price to be determined through a public tender process which commences on 22 June 2023 and closes at 3.00 pm on 1 August 2023 (the &ldquo Public Tender Process&rdquo ). Unless otherwise defined, all capitalised terms used in this announcement shall have the same meaning as defined in the announcement referred to above. The Board wishes to announce that the public tender has closed at 3.00 pm on 1 August 2023 and that pursuant to the Public Tender Process, no sale or transaction in relation to the Property has been concluded. Shareholders would note that the Company is currently engaged in ongoing negotiations with a few prospective buyers on the sale of the Property and the Company would make further announcements as and when there are material developments on the matter. Shareholders are advised to exercise caution when dealing in the shares of the Company and to refrain from taking any action in respect of their investments, which may be prejudicial to their interests. If shareholders wish to deal in the shares of the Company, they should seek their own professional advice and consult with their own stockbrokers Chansenghoe1971      ( Date: 21-Dec-2023 11:30) Posted: Yeap. 10% of book value Good privatisation candidate. This reminds me of OSIM when I made a windfall. Vested at 55/56