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KGIC Inc LGLTF

Consumer Defensive Education & Training Services
"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 by User

KGIC Inc
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Post by britishcinnamonon Feb 18, 2015 3:44pm
257 Views
Post# 23440837

Let's hope for an acquisition soon

Let's hope for an acquisition soon

My anger was unjustified. I reread the news, looked at the company and weighed in a bit from the comments on the bullboard. Ryu's move to beg for money from the institutions may be daft, but he will probably acquire something big with it. Given that LOY has heaps of cash and lots of credit, he may try to acquire a $25M company for all we know.

Also, the shareprice is now below his public purchase at $0.47.

Along with the stock being oversold, it is now below the CEO's most recent purchase price. Doesn't take a genius to see that the current SP is far below what anyone is expecting. Hopefully, a psychological effect will help us bounce back before acquisition news.

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