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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 > Optimization plan is 3/4 complete with 12 million annualized
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Post by 60606060 on Nov 01, 2015 3:55pm

Optimization plan is 3/4 complete with 12 million annualized

Uhak sold Oct. 28-clean out of this. That's 2.1 million debt plus loss gone from the year end books. So, the 17.4 million debt is disappearing ahead of schedule. Enrolments are up so revenue must be also. I would think we are almost profitable. So, if optimization gives another 3 million we should be in the green by April. Did I miss anything?
Comment by 60606060 on Nov 02, 2015 2:54pm
I assume Nov. 20-27 will bring the main update and Q3.
Comment by InternalAudit68 on Nov 03, 2015 9:51am
This post has been removed in accordance with Community Policy
Comment by TechTarget on Nov 03, 2015 4:29pm
When my bid gets filled! ;-)  LOL
Comment by tmf3333 on Nov 04, 2015 8:09am
I'm on the fence about buying more.  I just happened to buy more before last weeks news and all that news did was clear out limit orders and didn't budge the SP.  We need some big fish to come  in here and start buying and some big news in the market from KGIC. It's gonna float between .05-.06 until Q3.  I would imagine Q4 (based on news) will beat expectations ...more  
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