GREY:LGLTF - Post by User
Post by
Hawkeye2012on Feb 18, 2015 4:57pm
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Post# 23441179
in the dark
in the darkAgain there is no rhyme or reason this latest action.
Operating costs are most likey a cause "general working capital"
I think we can expect either the sale of MTI or the closing of a school like Cornerstone or PPC.
The leases for some of these schools is soon to expire and thus provide an irresistable urge to reduce expenses. Forgotten is the fact they spent a LOT of dollars on these acquistions.
LOY's history of making bonehead acquisitions just to satisfy investors is there for all to see.(WTC, UCL etc..)
Also recent pressure from possible strike action is not making life for Mr. ryu any better