GREY:LGLTF - Post by User
Comment by
alister33on Dec 05, 2014 12:36pm
177 Views
Post# 23199852
RE:RE:RE:RE:Yun you are the moron of this board
RE:RE:RE:RE:Yun you are the moron of this boardYun or Loon same difference
Summary
- Yesterday morning, Loyalist Group announced record earnings - $19.6 million revenue (93% increase Y/Y), with an adjusted EBITDA of $3.6 million (50% increase Y/Y) and an adjusted EBITDA margin of 18.6%.
- On November 17th, the company entered into a new $18.5 million credit facility to fund its aggressive growth and acquisition ("roll-up") program.
- Previously, Loyalist had raised only equity capital to fund acquisitions - the new credit facility signifies a new phase in the maturation of the company.
- On November 24th, Loyalist announced that it is acquiring the largest student recruiting agency in South Korea, Uhak.
- Momentum has been building, and the stock may break out to a new all-time high on the heels of third-quarter earnings and announcement of further strategic acquisitions.
The team over at Loyalist Group Ltd. (OTC:LGLTF) has been very busy since the school year began in September. In particular, since my last article - Loyalist Group Ltd. - Globalism, Language, and Value Investing Presents An Under-Appreciated Education Roll-up Story - the company has issued 4 press releases which materially affect its business. These include: securing a new credit facility, the engagement of a capital markets firm, another strategic acquisition, and just yesterday its third-quarter earnings were released.
Given everything that has happened, I've now reviewed the information, analyzed the new numbers, and have revised my price target upwards to $1.05 per share. Momentum has been building, and I feel that shareholders are on the verge of experiencing a breakout given yesterday's earnings announcement. I look at any pullback here as being short-lived and a buying opportunity.
https://seekingalpha.com/article/2717195-loyalist-group-ltd-continues-its-aggressive-growth-and-announces-record-earnings