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Bullboard - Stock Discussion Forum KGIC Inc LGLTF

Consumer Defensive Education & Training Services
"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 > Cool heads are needed
View:
Post by 60606060 on Feb 18, 2015 12:24pm

Cool heads are needed

All acquisitions in the past have raised revenues higher and now we are talking three digits so my take is a great opportunity has come forward. Andrew is a very smart business man.
Comment by nellybb on Feb 18, 2015 12:33pm
Ready to load up when it tanks
Comment by MBertolli on Feb 18, 2015 12:33pm
Agreed. They are obviously planning something with this cash, let's wait and see what it is before freaking out. I had the same thought as Stack, could it be for the purchase of housing?  Michael.
Comment by StompinTom on Feb 18, 2015 12:49pm
I highly doubt they are driving the price down for the private placement.  It is in their best interest to maximize the share price in order to limit dilution.  Especially with the CEO doing insider buys recently.  This is either to rightside their debt to equity ratios or is for another transaction.  Private placements are part of business.
KGIC Inc