Global Education Communities Corp T.GEC

Alternate Symbol(s): GECSF

Consumer Defensive Education & Training Services

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

Global Education Communities Corp

Bullboard Posts

Comment by TheRock07on Aug 23, 2016 7:23am

72 Views

Post# 25166765

RE:RE:RE:Fundamental Research

Very conservative, as FR has pointed out...

"FY2016 forecast includes a gain of $3.76 million from the sale of ASM.

Including the gain in valuation of properties reported in the first nine months of FY2016, our net income forecast for FY2016 is $15.02 million (EPS: $0.22).

We have not included any potential gain in property valuations, for conservatism, in our FY2017 estimate. "

Note that 3 properties with substantial gains in property valuation will report for F2017.

Taking those into account and fair value would rise above $1.25