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KGIC Inc LGLTF

"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

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Post by BigPapaStockon Jun 05, 2015 12:44pm
278 Views
Post# 23801155

Here's what I see...

Here's what I see...If one digs deeper into financials for last 3 years, one will see that in up to Q3 2014, LOY had revenues of $52.5 million.  In 2013, revenues were $31 million for the year, and in 2012, revenues were $13.6 million for the year.  Q4 is still to come and will only had to the $52.5 million year to date.  Furthermore, when I looked at Q1, Q2, and Q3 financials, margins seemed to have improve significantly with income from operations and net income improving year over year in all three quarters.  Adding up net income for three quarters to date puts us at about $5 million.  That would give approx. $.028/share in earnings leaving us at a P/E of approximately 12.  Q4 again should add to the $5 million year to date making this thing appear extremely cheap.  Given explosive growth over past 3 years and potential growth going forward, LOY should probably be trading at a much higher P/E based on that alone.  I've concluded that this is a small hiccup and huge buying opportunity.  Financials are already incredible for the year regardless of what Q4 brings.  Enjoyed loading up cheap today.  Do your own due diligence before buying any stock.  I simply share my opinions which may be right or wrong.  Good luck.
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