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.

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