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.

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Global Education Communities Corp

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Comment by poubelle1on Apr 26, 2017 12:45pm

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Post# 26169071

RE:RE:RE:RE:Singapore’s love affair with student housing continues...

I reviewed the PDF supplied. Thanks for That.

So, it llooks like non controlling shareholders basically own much of the company. Looking out to 2018 and assuming fair value gains in real estate of 16 million, the company earns 18.9 million or .26 pershare.
But after the controlling interests(i.e Friends and relatives..) take their share of 14 million, we investors get only 4 million or 6 cents pershare.

Something smells here. The money collected in bought deals is somehow being filtered to the non coltrolling shareholders I bet. The Chinese are devious people.

Just my opinion.

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