GREY:LGLTF - Post by User
Post by
Hawkeye2012on Nov 14, 2013 6:56pm
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Post# 21907668
New Ideas
New IdeasI also don’t think this is great deal and its probably not going to help this stock get out of its current downswing. Knicksman, I am not sure I agree with your conclusion that this may help in another acquisition. Are you saying that LOY is in a position to make another acquisition?
It appears LOY still has major consolidation issues and another acquisition at this time with their current financing issues would be unwise. I think LOY needs some good news but it needs to be result oriented. Running out and impulse buying to please the investors has already got this company into trouble.
MTI was a bad purchase. Too much money and there is no way to consolidate it into the company’s existing holdings(Sprott shaw couldn’t work with KGIC which is basically why they sold it) So why would LOY buy MTI to work with KGIC?. Also MTI continues as it did before it was acquired. Perhaps Andrew is being a little more careful about fast tracking any consolidation efforts given the recent unionizations.
As I said before, acquiring an agency will turn all the agencies against you. You are cutting out the middle man while at the same time asking them to continue sending you students while you try reducing them to obscurity.
Why does LOY need this 5 million? And why is the stock falling? The blame is not on finicky investors but on Mr. Ryu himself.
Kinicksman as you said before
” I do agree with you that Ryu needs a lesson in managing the street. He's a good operator and that's what he should stick to”.
RYU is good some things , but fulfilling all the tasks of being CEO appears to be lacking. Consolidation and operations are what is hurting LOY. It DOES not need any more knee jerk acquisitions (The only thing that he appears good at)