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KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."


GREY:LGLTF - Post by User

Post by 000buckshoton Jun 09, 2016 5:14pm
206 Views
Post# 24952372

Better hurry

Better hurryToby is closing his ESL deal end of June. With his Vancouver real estate juggernaut gaining steam quarter after quarter, a final death blow for KGIC could be close. The one funny thing is that the unnamed ESL MBA acquisition has only done 20 thousand enrollments in 16 years of operation. Isn't that how many LRN did in 2015 alone? A quick review of MBA's financials does reveal a large quantity of offshore revenues in local currencies. Hmmm?
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