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Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.


TSX:GEC - Post by User

Post by TheRock07on Aug 26, 2016 9:09am
95 Views
Post# 25179471

Fair value Based on Dundee Metrics

Fair value Based on Dundee Metrics"The aggregate transaction value of up to $420-million for the entire portfolio of assets will create one of the largest pure-play student housing owner/operators in Canada.

CSL is expected to own an interest in and manage up to 20 properties comprising 4,700 student housing beds in 13 Canadian markets from Fredericton, N.B., to Windsor, Ont.

The CHC management team already manages approximately 60 per cent of the pro forma total beds while the remaining assets to be acquired are well known to management."

That amounts to about $90,000 per student.

MBA's growth plans are much more aggressive, but as of Spring 2017, it will have 1000 students housing beds.

This values MBA at about $1.30 per share for its near term growth plans,,
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