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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 Investor Webinar - Dec 6th at 1 PM EST
View:
Post by ThesisCapital on Dec 01, 2022 10:41am

CIBT Investor Webinar - Dec 6th at 1 PM EST

CIBT Education Group Inc. (TSX: MBA | OTCQX: MBAIF) will be hosting an exclusive investor webinar on Tuesday, December 6, 2022 at 1 PM EST to discuss the company's FYE 2022 financial and operational highlights, and growth outlook.
 
Click the link below to register.
https://bit.ly/3FhVsA1
 
Investment Highlights:
 
• FYE 2022 Financial Highlights: Total revenue of C$73.24 million and adjusted EBITDA of C$18.65 million
• High Demand for Rental Properties: Rental crisis in Vancouver (~1.2% for purpose built rental & ~0.8% for condominium apartments)
• Education Business: 34 locations with approximately 10,000 students
• C$1.5 billion GEC® Real Estate Portfolio: 7 rental facilities in Metro Vancouver and has 8 additional buildings under development
• REIT Listing: Plans to spin off its real estate subsidiary as a separately listed entity on a recognized North American stock exchange
Comment by Staghorn69 on Dec 01, 2022 7:32pm
Oh wow!!!!  They are spinning of the real estate side onto a stock exchange!!!,  that's incredible news!!!! Hahahahhahahaa OMG how many years are you going to float that one.....  OMFG.  Hey is the roller rink development going yet???  Better put out a news release again about that!!!!   DO SOMETHING REAL FOR SHAREHOLDERS
Comment by Staghorn69 on Dec 08, 2022 5:27pm
On the webinar did anyone point out how the company doesn't do any buybacks that would pop the stock over the 50DMA??  Must be a strategy....  how's the real estate spinoff???  Come on seriously do something. 
Comment by Staghorn69 on Dec 22, 2022 8:53pm
Must have been a great webinar...  great job Toby.  Multi year low.  Zero momentum and zero for shareholders.  Hope you can sleep at night.