GREY:LGLTF - Post by User
Post by
SuperMoneyon Jun 11, 2015 5:03pm
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Post# 23822006
Must read what LOY Managers said
Must read what LOY Managers saidChief Operating Officer Shawn Klerer indicated: "The positives include a solid base of schools, strong organic growth, and highly valuable assets that can be monetized in the near term.” “ As of April, these schools have been integrated into other schools and we expect profitability to improve.” "The key objective for 2015 is a renewed focus on profitability with an emphasis on reducing the cost of operations and improving margins. Some initiatives have already been implemented and I will be spending the next 90 days uncovering additional opportunities to streamline operations and launching our previously announced student housing initiative."
"I'm very excited about the growth prospects for our student-housing unit. We continue to advance our initiatives through a two-stage process to create and surface the significant value embedded in Loyalist's large and attractive base of overseas students," said Shant Poladian, who will lead the housing subsidiary, which will be spun out of Loyalist."
Definitely, the stock will recover a lots tomorrow. Cheers.