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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 > Canadian Language Education on Decline
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Post by TulioRB on Jun 24, 2015 9:20am

Canadian Language Education on Decline

Languages Canada reports 4% decline in students over the past two years coming to Canada. While 11% and 12% increase to US and Australia. How will Loyalist address this when they need to cut? Rebrand? Innovate? They are a stale company in a declinng market that is just buying sales through discounts and high commissions right now. 
https://monitor.icef.com/2015/06/canada-language-enrolment-up-in-2014-but-losing-market-share/
Comment by schoolboy on Jun 24, 2015 11:05am
And with 200 language schools in downtown Vancouver, there is very aggressive competition. It's a very tough slog for the best-managed schools, much less those that were looted by previous managers and are now being run by rookies.
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