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Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.


TSX:GEC - Post by User

Post by blhawkon Aug 29, 2015 7:55am
104 Views
Post# 24061873

book value

book value
Mopoke, since things are quite around here right now, would you want to try and figure out roughly what the value of the whole company is, as of now?  I figure the schools, are roughly about $20 million, i want to figure on the lower end, i think they paid 11-12 million for them.  I'm not sure how much cash they have right now, maybe about 4 million?   Anybody else want to contribute? I think the $8.8 is a little high if your going on what CPPIB paid the last time, they paid $150,000 per bed before that, so if we can say about another $5 mil, am i off?
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