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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 banxon Dec 23, 2015 7:11pm
242 Views
Post# 24410111

ANDREW RYU AIN'T BACK

ANDREW RYU AIN'T BACKSo cut new management some slack.
This is now the Alex MacGregor show.
Any KGIC association with Ryu would nullify and invalidate any new effort.
More importantly, the "street" would provide zero support.
Bullboards are a forum for fact and speculation.
Just because Ryu shows up as CEO for another company to which the KGIC Chairman has an association does not presuppose Ryu has anything to do with KGIC.
Flawed syllogism at best.
Idle speculation for a certainty.
This is a whole new play.
How far it goes and how well investors are rewarded is dependent on how competently  MacGregor executes.
On the surface, this company has an attractive business model.
However, like any business, expense management is critical and must be lesser than revenue inflows or else you have an unsustainable business.
Andrew couldn't cut it and burned through millions of dollars of investor money this year alone despite claims the business was on solid footing,
The guard that followed couldn't cut it either and blew through millions of dollars and ran out of money.
Enter Alex MacGregor....
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