Wednesday, February 7, 2007

Buy: Raffles Education

"What a week!!! Its like hitting the home run!"

Anyway, on a serious note, Raffles Education has traded at a high of $2.360, way past my target of $2.00.

Raffles Education has been brought to its all time high due to interest by investors for its dividend (though not much <1%>$2.00), on very low volume.

Fundamentals for the company has not changed. With 60% certainty, Raffled Education will see a small correction after it goes XD. With a very strong financial statement, which is unlikely to change in the forseeable future, its financial statement is set to see more improvements despite a relatively poor debt / assets ratio.

"Growth in Raffles Education has been impressive, and is set to continue its growth"

I recommend investors to buy after XD.

BUY Raffles Education, with a sell target of $3.00 for the long term

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