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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 > Not trading like there are positives in the financials
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Post by HippygirL74 on Jun 01, 2015 5:21pm

Not trading like there are positives in the financials

The pumpers rejoice at the slightest increase, yet this stock is not trading like there are positive upsides to be releases. I hope I am wrong but things don't look good. Looks like a trap to me.
Comment by MBertolli on Jun 01, 2015 5:52pm
I don't think anyone is expecting postive financials.  We are just hoping there are no nasty surprises. If that's the case this should be the bottom, IMO.
Comment by 60606060 on Jun 01, 2015 6:18pm
I am bullish. Just because the CFO was unable to do the job because his training is far less than a CAP, this LOY job is a big one, the real CAs wiill solve the problem from this audit and Andrew will learn that a CA is needed for the position of CFO and bookkeepers are needed as subordinates not the CFO position.
Comment by Gerritos on Jun 01, 2015 8:45pm
You must be joking! They fire the previous CFO and hire a replacement who isn't qualifed for the position? The entire BoD should be fired for approving this hire. Not much different from the head of the Housing Division. No operational experience. His background is a REIT analyst. What is Ryu thinking? I guess they are cheap.h
Comment by probability25 on Jun 01, 2015 8:51pm
This post has been removed in accordance with Community Policy
Comment by fundamPhil on Jun 01, 2015 8:56pm
Add to the list the new COO with no ESL experience !
Comment by Gerritos on Jun 01, 2015 9:43pm
Simple solution. Get rid of the CEO Ryu and all his "yes men" and run this like a real business. Why would you run it any other way? Talk to the overseas recruitment companies. Rent not paid, salaries not paid. The list goes on. 
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