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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 > Open for Banx and Jimbo to debate
View:
Post by Enigma19XX on May 26, 2016 5:54pm

Open for Banx and Jimbo to debate

I own the stock. Short term, with more good news, 11 cents tops. Long term , unless bought out, it doesn't last another year. Too much bleeding.

Banx..... Jimbo..... thoughts?

This should be good !
Comment by InternalAudit68 on May 26, 2016 7:24pm
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Comment by InternalAudit68 on May 26, 2016 7:48pm
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Comment by banx on May 26, 2016 10:05pm
11 cents short term? Define short term? This seems overly optimistic to me. Look at the recent added dilution with more to come. 5 cents short term seems more reasonable with short term being defined as 3-6 months. The legacy here is brutal and the process of rebuilding will be steady over time. 11 cents would be a long term forecast-long term defined as 12 months or more. Btw, what do you ...more  
Comment by Enigma19XX on May 27, 2016 6:42am
Thank you Banx for your comments. I will try and answer all your questions the best I can. Yes I do believe 11 cents in the next 6 months is possible. This is not a knock on present management, but I think they came too late to the party.They were handed a mess. There have been many positive things going on, but the stock price has not moved up or down. The only good news to move this stock upward ...more  
Comment by InternalAudit68 on May 27, 2016 7:55am
This post has been removed in accordance with Community Policy
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