KGIC Inc LGLTF

I’m back!

[jumpth3shark]

It’s been awhile since I’ve been on the Boards, but I figure that now is a great time to re-join the community. Like others have said, the Venture is seriously depressed right now. We’re talking worse the ’08. Virtually every junior out there is getting killed, and you know what they say (or at least one of the savviest investors ever has said “Be fearful when others are greedy, and greedy when others are fearful” – Warren Buffet


So while I respect the opinions of others and their strategies, I disagree that the current share price of Loyalist is actually reflective of what the market truly thinks. Loyalist has had a tremendous 12-months, and unless you’ve been in at least a year, it’s almost a guarantee that you’ve paid more than the current share price. As such, there has been significant tax-loss selling. The Q3 financials were the strongest ever, the stock traded as high as $0.60 and then just got hammered. I guess that’s not too surprising given the lack of long-term sentiment shared by some here on the LOY board, and the fact that some people are down quite a bit (especially if they bought in the 0.60s and 0.70s).


Certainly, the easy money has been made here. But I still believe that there’s significant upside, and virtually no downside. The company is well cashed and is continuing to expand margins and improve upon organic growth. I think that aggressively targeting the South Korean market has been a great move as of late, and will be reflected going forward. In fact, I’d love to see a breakdown of Loyalist’s student demographics 6 and 12 months from now, compared to today.


So, I respectfully disagree with some posters on here that investing in LOY is “dead money”. I look at investing in LOY at these levels as a great re-entry point, with little risk and a relatively high margin of safety. I’m back baby and will hold and add as necessary if we get traded lower over the next week!