Friday, 14 February 2014

RAFFLES EDUCATION - 3 YEARS ON FROM ITS PEAK OF $0.94, IT IS ON SOLID FOOTING WITH GOODASSETS BACKING ~ NAV $0.52 ~

One stock we found in the afternoon, RAFFLES EDUCATION and give it a shot at $0.28. We believe that the stock have the potential of major rally in 2014 and our first ever medium-term investment in RAFFLES EDUCATION. ~ Education is important for every child ~
 
Abstract from REC Earnings Release:

Chew Hua Seng, Chairman and CEO of RafflesEducationCorp, said, "The last five years have brought about a major transformation in the Group. We are now a more mature company on a solid footing, with good assets backing."

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