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Bullboard - Stock Discussion Forum Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College... see more

TSX:GEC - Post Discussion

Global Education Communities Corp > CIBT Education Group Investor Webinar - Nov 30 at 1 pm EST
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Post by ThesisCapital on Nov 26, 2021 1:36pm

CIBT Education Group Investor Webinar - Nov 30 at 1 pm EST

Thesis Capital will be hosting an exclusive investor webinar for CIBT Education Group (TSX: MBA | OTCQX: MBAIF) on Tuesday, November 30th at 1 pm ET.

Register here: CIBT Webinar Registration Link

CIBT Education Group Inc. is one of the largest education and student housing investment companies in Canada focused on the domestic and the global education market since 1994.

Investment Highlights:
  • Rental Crisis in Vancouver: One of the lowest vacancy rates (~1%) in Canada
  • Education Business: 34 locations with approximately 11,000 students
  • C$1.5 billion Real Estate Portfolio: Under the GEC® brand, CIBT operates 7 rental facilities in Metro Vancouver and has 8 additional buildings under development
  • Q3 F2021 (9-month) Financials: CIBT generated roughly C$44.8 million in revenue, C$6.29 million in net income and EBITDA of C$18.47 million
  • REIT Listing: CIBT plans to spin off its real estate subsidiary as a separately listed entity on a recognized North American stock exchange
  • Clean Capital Structure: No warrant overhang
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