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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 > Ongoing Management Changes - I don't Get It
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Post by schoolboy on Dec 27, 2015 11:32pm

Ongoing Management Changes - I don't Get It

The pharmaceutical industry has nothing at all to do with teaching English to international students. This is like parachuting a successful plumber in to cater a wedding. As someone with extensive experience in the ESL industry, I can unequivocally state that this is downright stupid. A successful executive needs extensive experience and contacts in this niche.  

What KGIC really needs is someone who knows how to manage ESL schools. So far, they have consistently overlooked that fact.

Having said that, it's a crazy world and share prices don't necessarily reflect reality. 
Comment by BlueHorseshoe13 on Dec 28, 2015 8:21am
So  help me understand this setup. I tend to agree that the new management team doesn't offer much in the form of relevant paper pedigree, and the new chairman looks like he's a 30 something (nothing at all against young people running companies, just hard to understand how he'll bring the networks). Who would have brought them in in the first instance, and why this gang and not ...more  
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