Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by rinchengyatsoon Dec 30, 2015 9:41am
137 Views
Post# 24418877

RE:Hope they come to the floor today

RE:Hope they come to the floor todayRefugees have no impact on KGIC business model at all. Who will pay the $1400 per month fees for the Syrian refugees? Reduced rates for them? Filling the seats in a classroom is not the problem. It is the cost of operating a low-margin business from a costly head office with all of the bureaucracy of counsellors, front desk clerks, academic advisors who do nothing to improve business. The problem with investors in this particular case is that they do not understand that a corporate model for this business will not work, unless you. Have CEOs and board members, who add NO value to the business, are paid $20/hour. This corporate model will not work. The only schools that will continue to produce value for owners and maintain good quality instruction for students are not publicly traded, they will be privately owned with money staying in the city where the school is located. If you do not understand this, then you do not understand this business. After 13 years in this field, it amazes me that investors know little more than how to read stock market information and some basic maths.
<< Previous
Bullboard Posts
Next >>