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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

Comment by blhawkon Dec 01, 2017 10:13am
116 Views
Post# 27071467

RE:year end is out

RE:year end is outI read the whole release this morning, i thought the earnings were ok, the revenue's really shot up big time, and we had some growing pains from KGIC, we had a one time expense of $1.6 mil along with $1.8 in short term operating loses, which is to be expected, but i think that was a great purchase, and will add not only to the educational earning, also to the housing, i also liked how VIC has been adding revenue's, if we take out the KGIC expenses, we would of had a pretty good quarter, which will no doubt have going forward, if we take out KGCI expenses we would have made another .04-.05 per share this year, F2018 will be our best year to date, the outlook looks really good to me. 
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