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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

Post by TheRock07on Jul 08, 2015 12:24pm
256 Views
Post# 23903327

BMO not Onerous

BMO not OnerousIt amounts to $8.9 million which is not all that substantive.

A combination of aggressive cost cuts, $12 million in deferred revenue and possibly selling some of the assets would easily cover this.

Or, LOY may be sold once it is right sided by MBA.

New management have bought in at 12 cents.

Thats your investing guideline..
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