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Bullboard - Stock Discussion Forum 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 Discussion

KGIC Inc > This year
View:
Post by Alex1726 on Sep 02, 2014 9:47pm

This year

This year is a consolidation year for them , don't expect too much for the share price this year. They can't always buy ans buy new schools , they must increase profitability with what they have and focus on housing and franchise that don't cust too much. Their goals is ti reach a $200M /YAER business.

At the end this is an income stock that will pay a decent dividend or will be bought by an american competitor. Wathever you think or say this is what going to happen.
Comment by skiboyy on Sep 02, 2014 11:38pm
I agree it is more of a long position (how long is anyones guess) I do have faith though that people will start placing alot of value on solid revenue, this company has potential to become huge if done correctly. We need to remember that summer is just ending and hopefully volume increases for the venture.