Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Hope they come to the floor today
View:
Post by Moneyday0 on Dec 30, 2015 8:50am

Hope they come to the floor today

and publish the GOOD news deal. Last minute dramatics of late are getting stale. New mngt with MONEY, chance for BMO to recoup and build, all it takes is agreement on what % to charge - BMO reputation also at risk here as helper or new cycle destroyer. Given the long term outlook for high potential of even lower rates a com'in, BMO would be foolish to charge ridiculously high rates. New mngt Preferred share proposal is pretty much given as complete else why would they bother showing up and taking leadership. So it all rests on BMO agreeing to something reasonable..... Certain would not look good for BMO to demand payment, bankrupt the company and sell off land and pieces - ESPECIALLY GIVEN THE NEW FED GOV'T AGENDA of bringing in refugees we see on the news day in and day out that need English as a second language teaching. So pretty simple, one interest rate determination away from bigger and better things.
Comment by rinchengyatso on Dec 30, 2015 9:41am
Refugees have no impact on KGIC business model at all. Who will pay the $1400 per month fees for the Syrian refugees? Reduced rates for them? Filling the seats in a classroom is not the problem. It is the cost of operating a low-margin business from a costly head office with all of the bureaucracy of counsellors, front desk clerks, academic advisors who do nothing to improve business. The problem ...more