GREY:LGLTF - Post by User
Post by
Hawkeye2012on Sep 25, 2013 4:50pm
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Post# 21767646
RE:RE:RE:88% sell...
RE:RE:RE:88% sell...I think waiting until the AGM comes around might be too late for this stock. I am not sure what Andrew was expecting, but I think he has made some very risky decisions that obviously have not panned out the way he wanted. I am sure he is considering how KGIC and MTI can be consolidated into LOY to increase revenue. This is what LOY has been about from the beginning. I think the recent unionizations and lease restrictions have interfered with streamlining operations. Perhaps a fear of the repercussions has decreased his will to make those tough but necessary decisions. From what I know, MTI has undergone zero changes. How does this fit the LOY approach? As I said before, revenues from enrollment will not start to improve until the New year and even then those student numbers are not guaranteed. Another acquisition may be in the works but I fear it will have little impact on this stock. Perhaps Andrew is learning like many in the ESL industry that making acquisitions is a lot easier than making money.