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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 > $5 MILLION MARKETCAP
View:
Post by banx on Jun 03, 2016 9:21am

$5 MILLION MARKETCAP

$7 mill in rev for q1 with a shrinking loss.
All these folks have to do is turn a profit and the lid comes off.
Notwithstanding the intent to grow the biz, it's all about profitable business.
Big Mac knows this and the MD&A was very revealing and transparent.
This stock is cheap and insiders know this hence the $775k injection from Big Mac and one other insider.
I expect more insider participation as we move forward.
Outside investors remain skeptical and rightfully so given the legacy.
A changing income and expense stmt will alter this dynamic.
Comment by InternalAudit68 on Jun 03, 2016 2:44pm
This post has been removed in accordance with Community Policy
Comment by banx on Jun 03, 2016 6:02pm
Internal, you are correct and that is precisely why I am holding. Lots of upside here. I'm seeing other stocks running but I'm exercising extreme patience here. The reward is too great to miss in the event Big Mac pulls a few bunnies out of the hat.
Comment by Pat19xx on Jun 03, 2016 8:11pm
I'm holding too and Add 59k share today
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