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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 > LOY halted
View:
Post by alister33 on Feb 18, 2015 10:44am

LOY halted

Something is
Comment by britishcinnamon on Feb 18, 2015 10:58am
At the Request of the Company! Probably good? From IIROC VANCOUVER, Feb. 18, 2015 /CNW/ - The following issues have been halted by IIROC: Company: Loyalist Group Ltd. TSX-Venture Symbol: LOY Reason: At the Request of the Company Pending News Halt Time (ET): 10:40 AM   IIROC can make a decision to impose a temporary suspension (halt) of trading in a ...more  
Comment by stack on Feb 18, 2015 11:06am
This post has been removed in accordance with Community Policy
Comment by makemoney4 on Feb 18, 2015 11:15am
This post has been removed in accordance with Community Policy
Comment by britishcinnamon on Feb 18, 2015 11:16am
It's hard to speculate as to what kind of bad news it could be. LOY has good cashflow, cash on hand, credit, growing revenue, and profits. It has recently announced that it would spinoff its housing project into a separate entity. LOY has said that it would not be diluting anytime soon because it is in a good financial situation. I agree that the stock has been trading poorly as of late ...more  
Comment by StompinTom on Feb 18, 2015 11:21am
I am going to go with clarification on the REIT; its recent acquisitions have not required a trading halt.