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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 > What an absolute horro show
View:
Post by Troufisback on Jul 14, 2015 3:41pm

What an absolute horro show

Some Dckwad pumping this travesty all over SH. Sad.
Comment by Yun321 on Jul 14, 2015 4:40pm
this show never end here
Comment by tmf3333 on Jul 14, 2015 6:03pm
You always got to have the sore losers who got taken when it was at .55 being bitter.  Actions have been implemented with the company and if you had a clue about business, done some research on who is running the company now you would know this stock is only going to rise.  Take a business course, you might make a dollar or two on stocks.
Comment by nnneilio on Jul 14, 2015 6:32pm
Actions have been taken to keep the company from going bankrupt in the short term. Shareholders new and old have been sold on the idea that publically owned ESL schools are a good business to be in, but evidence so far says that the business model can't support the overhead that comes with a public company. Now if that was simply because of mismanagement(fraud?) of the previous management ...more  
Comment by schoolboy on Jul 14, 2015 9:42pm
Good point nnnelio. ESL schools in Canada are in a competitive environment with tight margins. It's very difficult to make a profit with loosie-goosie management - like LOY'S.  On the other hand, privately-owned schools on the verge of bankruptcy can't raise millions of dollars from investors.  Ryu has already knocked the wind out of LOY'S financial sails and the new ...more  
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