KGIC Inc LGLTF

Back to the same old..

[Hawkeye2012]

Its good to see this stock finally have some positive movement. 

I am not a cheerleader and think it creates artificial expectations. There are many new people posting here who are just cheerleading. Perhaps they are recent investors who are trying to make a quick buck.

I am not sure why there was such a massive amount trading yesterday. Its not as some have speculated because of Mr. Ryu declining stock options(seriously?)... and its not because of this quarters results. ( I would not buy based on those numbers). 

Just as there was a loy of buying why was there so much selling?

 
 

I disagree with one poster saying that KGIC and KGIBC will be easy to consolidate. There has been no consolidation taking place there since it was acquired. Sung Lim the loyalist president of operations is  former owner of KGIC and is not likely to let his baby sliced and diced by Mr. Ryu. It will be interesting to hear at the AGM why M. Ryu is being replaced on the Board.

MTI also remains as it was before it was bought by Loyalist.(a purchase I think is  divergent from Loyalist's business plan). 

The AGM will be interesting and I hope there is some more transparency and consolidation to allow Loyalist to get on with its mission --acquistions of ESL schools and efficient consolidation of operations.(something which has been lacking for the past six months).