Raffles Education: Think Twice if You are Still Living in Denial
Raffles Education is still trading in a down trend and just bounced down from the Down Trend Resistance Line. Coincidently this $0.43 is also a 61.8% Fibonacci Retracement Level.
Key Statistics for RLS
| Current P/E Ratio (ttm) | – |
|---|---|
| Estimated P/E (06/2013 ) | 40.5000 |
| Earnings Per Share (SGD) (ttm) | -0.0747 |
| Est. EPS (SGD) (06/2013) | 0.0100 |
| Est. PEG Ratio | – |
| Market Cap (M SGD) | 354.10 |
| Shares Outstanding (M) | 874.31 |
| Enterprise Value (M SGD) (ttm) | 568.28 |
| Enterprise Value/EBITDA (ttm) | 10.52 |
| Price/Book (mrq) | 0.6916 |
| Price/Sale (ttm) | 2.6390 |
| Dividend Indicated Gross Yield | 1.11% |
| Next Earnings Announcement | 11/09/2012 |
- Return On Asset = 1.54%
- Return on Equities = -12.52%
I don’t see any catalysts on the stock price base on both Fundamental or Technical Analysis.
Cut loss, take profit, continue to hope? Your call.
