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Bullboard - Stock Discussion Forum 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 Discussion

KGIC Inc > Can Someone
View:
Post by terr2 on May 28, 2014 5:12pm

Can Someone

please explain to me why this thing only moved but 1.5 cents???? The #'s for the first quarter are nothing short of spectacular. This kind of disappointing reaction tells me that tomorrow and Friday there will be a sell off. JMO
Comment by Hawkeye2012 on May 28, 2014 5:31pm
It is a bit of mystery ..but this not the first time with this stock. This stock only seems to move with acquistions and it looks as though consolidation is turning out to be a much more difficult task than Mr. Ryu anticipated. Recent unionizations, incompatabale programs(MTI), Lease agreements, etc.. Any new acquistion needs to be qualitative and Mr Ryu has been shot down by many of the industry ...more  
Comment by theinvestor22 on May 28, 2014 6:49pm
terr2: It seems to me the price ran up in anticipation of these results, so the price did respond if you factor in the pre-release run up. Also, results weren't spectacular, but they were good enough to reverse that poor Q4 and shed some more light on the potential here. Hawkeye: It seems to me that financial analysis isn't your strong suit, so you quite naturally look for other ...more  
Comment by Hawkeye2012 on May 28, 2014 7:53pm
Oh yes.. as you stated ..the "pre-release run up" is very quantifiable and "reassuring". Looking for "spectacular" results is what is wrong with this stock. Again it is an ESL school( KGIC plus some add ons) (MTI is going to be sold sooner or later in my opinion as it becomes clear that  it does not fit the LOY project). Expectations are way too high. Where does ...more  
Comment by stack on May 28, 2014 9:04pm
This post has been removed in accordance with Community Policy
Comment by jumpth3shark on May 28, 2014 9:47pm
The market is the market Hawkeye. I'm not sure what hype you're referring to? Between November 28, 2013 and today LOY has traded 80,867,564 at an averare price per share of $0.619, worth $50,033,128 Not to mention, during that same time period management raised over $15-million in bought-deals. Most VSE equities have 0 analysts covering them. Loyalist has almost a half-dozen. Hype? I ...more  
Comment by Hawkeye2012 on May 29, 2014 12:14am
Why did the share price get ahead of itself . do you think the CEO might have "hyped" it little or sold something to investors which was not reality. We...why do you say "we" are you part of LOY? "Never doubted andrew"...have you ever met him? I am not one to lay personal attacks .business is business. So lets stick to business. Mr ryu is a micro manager and he is a ...more  
Comment by theinvestor22 on May 29, 2014 8:16am
Hawkeye: Too bad you have no interest in investing.  You might actually learn something here. BTW, your attacks against the CEO are highly personal.   You know, when I think of it, I've heard the same sorts of things said about Prime Minister Harper and he's regarded as being fairly successful, regardless of whether or not you like his politics. So, thanks for the upbeat ...more  
Comment by jumpth3shark on May 28, 2014 9:50pm
I see things differently I guess. I was very happy with how Loyalist traded today. Today's results have eased the nerves of those with doubts about whether Andrew can deliver. And the run-up pre-financials was a nice bounce. After today's numbers, I believe that we've now set a floor (those who wanted to get out had an excellent chance during today's liquidity event). We've ...more  
Comment by stack on May 28, 2014 10:08pm
This post has been removed in accordance with Community Policy
Comment by ROIcrusader on May 28, 2014 11:03pm
48c at open to 51c at close, I'd say that's a pretty strong day, but I'd rather not focus on day to day price fluctuations or strong qtr/weak qtr. Here's the annual numbers: ~15m Revenue ~1.6m Income x4 = 60m/yr R 6.4m/yr N and positive cash flow is good (8m/yr). 6.4m / ~111m share base = .057 c/share earnings ... x 10 PE gives you a valuation of 57 cents. (expand that to a grow ...more  
Comment by ROIcrusader on May 28, 2014 11:09pm
and props to retiredcf for pointing me to the bnn clip, thx.