GREY:LGLTF - Post by User
Comment by
Gerritoson May 21, 2015 11:59pm
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Post# 23752833
RE:Looking forward to big changes here as soon as audit is out.
RE:Looking forward to big changes here as soon as audit is out.Hey Ali,
For the potential disaster that could be on the horizon I thought we were all pretty well behaved. Not a lot of bashing going on. I really would have expected Ryu to have his company in better shape to deal with a problem like this and the PR fallout. Too many "yes men" in the management team.
Sorry for the CFO getting ill but the insiders can keep trading? Not really fair for everyone else who is waiting on a report. My guess is that the head of the student housing division is gone by the end of 2016 - 18 months max. There is no substance in this program. Plus he is an analyst not a hands on operational guy.
Good of luck but we are a whole lot closer to the 52 week low than the high. And yes, I actually have a long position in LOY. But you have to admit the place is a bit of a disaster at the moment.