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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 > PROFITS, Profits and more Profits
View:
Post by alister33 on Oct 20, 2014 12:56pm

PROFITS, Profits and more Profits

Read the financials profits were held down due to the recent aquistions, profits are much higher than shown there were one time cost that are being written down.  Really do some dd here and read the financials

Source: 1H14 Company Filings

It must be noted that in 2013 Loyalist conducted a substantial level of acquisitions which has skewed its most recent numbers unless you thoroughly comb through them. There were quite a few one-time costs (mostly associated with the dismissal of employees) as a result of the consolidation. The company had a fairly modest EBITDA margin in 2013, 12.1% adjusted (before restructuring costs), and as cost synergies start to kick in, with additional operating leverage, the EBITDA margin can potentially expand beyond 15% in the short-term.

https://seekingalpha.com/article/2562605-loyalist-group-ltd-globalism-language-and-value-investing-presents-an-under-appreciated-education-roll-up-story

https://www.loyalistgroup.com/news.php?_ajax=&_cmd=view&_bi=&_pg=1&_sq=119&_wt=
Comment by stack on Oct 20, 2014 1:24pm
This post has been removed in accordance with Community Policy
Comment by Yun321 on Oct 20, 2014 2:28pm
since LOY is not moving up, anyone thinking LOY will tank again ?
Comment by Yun321 on Oct 22, 2014 4:33pm
how much is this ? where is it on the report ? There were quite a few one-time costs (mostly associated with the dismissal of employees) as a result of the consolidation.
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