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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 > Better hurry
View:
Post by 000buckshot on Jun 09, 2016 5:14pm

Better hurry

Toby 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?
Comment by schoolboy on Jun 09, 2016 9:06pm
20,000 in 16 years is a bit on the smallish end of the spectrum but it's normal. Remember, it's just one school - not a collection like LRN.
Comment by jimbrofski on Jun 10, 2016 11:15am
This is the obvious way they are going forward. Dillution is the only solution. Until there is nothing left. And who's gonna pay? Y'all who think you know. But you don't know. You think you know. But you don't know. -Jim Mora Sr
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