Global Education Communities Corp T.GEC

CIBT Investor Webinar - April 19th at 1 PM (EST)

[ThesisCapital]

Thesis Capital will be hosting an exclusive investor webinar for CIBT Education Group Inc. (TSX: MBA | OTCQX: MBAIF) on Tuesday, April 19, 2022 at 1 PM (EST) to discuss the company's quarterly financial results, recent developments, growth outlook and the current state of Vancouver's real estate market

 

Register here: https://bit.ly/3uHhHtH

 

Investment Highlights:

• 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.
• Rental Crisis in Vancouver: One of the lowest vacancy rates (~2%) in Canada
• Education Business: 34 locations with approximately 10,000 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
• YTD F2022 Financials (six months ended February 28, 2022): CIBT generated roughly C$33.79 million in revenue and EBITDA of C$9.41 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

[Staghorn69]

Wow...  still with the spin off narrative.  Almost like those financials and ZERO SHAREHOLDER SUCCESS for YEARS isn't the reality... The winners at Thesis Capital who promote this stock must be just as competent as the management team.  Sooooooooo bad.  Fail and fail again.  And again.   And please stop the fake narrative about the $1.5 Billion real estate

[Staghorn69]

Okay Toby...  if there is a $1.5Billion real estate portfolio - more like 10-20% share of that FAKE number in said portfolio - then it is time to find VALUE over what our $45 Million market cap is... even 10% of the value of the real estate is over $100 million...  a SMART CEO that wanted to build value for shareholders would spin that off and shareholders should realize $1/share in

[InvestorTim]

I think the story goes like this:  Shane Corp was issued 9.9 million shares about 15 years ago. when CIBT purchased Sprott Shaw.   This was done in to cover a $5,000,000 loan.  I believe Shane Corp was the previous owner of Sprott Shaw. Shane Corp was hoping to unload the shares about 15 years ago at a profit; but they have been unable to. Toby is trying to buy all the

[blhawk]

Investortim , as far as i remember Shane corp was a fund out of Baltimore Maryland, i guess we can go back and look at some year end or insider ownership and see that they owned approx 10 million shares. .And as far as unloading, this stock was at $2.50 at one time so they would have had a lot of time to unload. Sprott shaw was bought for cash, there was no loan as far as i know, here is the link.

[InvestorTim]

My thoughts are that as soon as this stock hits a certain point that Shane Corp will start exiting their position.   There is a huge supply of stock available for Toby and CIBT to purchase.  This is likely to carry on for years at this rate.

[InvestorTim]

When I was a shareholder ( I owned about 25,000 shares last year) I found the webinars very interesting.   It became obvious that the management team was only paying lip service to the shareholders regarding value.  One major irritant was how they would make their big WEBINAR announcements on the same day it was scheduled?  Who does that when promoting a stock? DId they not