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Bullboard - Stock Discussion Forum
Global Education Communities Corp
T.GEC
Alternate Symbol(s):
GECSF
Consumer Defensive
Education & Training Services
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.
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TSX:GEC - Post Discussion
Global Education Communities Corp
> Buybacks
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(4)
•••
lamton
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Post by
lamton
on Oct 16, 2020 1:23pm
Buybacks
I've never seen another company buying back it's stock so deligently for so long yet shares for sale are so abundently available, it amazes me every time I look at it.
(5)
•••
TickBomb
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Comment by
TickBomb
on Oct 17, 2020 11:48am
It's because they are literally the only one buying. It's funny because they are projecting 0.15 in 2020, 0.25 in 2021, 0.60 in 2022. So in 2-3 years you get more than your money back in earnings. It's currently priced to book value for some reason, like a REIT who's returns are based on assets. But this isn't really a REIT, it's a developer who'
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