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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 > New report on CIBT!
View:
Post by JasleenDhaka on Mar 15, 2023 7:25pm

New report on CIBT!

Insights from the latest analysts report on CIBT:
 
• Q1-2023 revenue increased by 7% YoY to $18M, and is expected to grow by 27% this year with the completion of a development project.
 
• The Canadian residential rental market has a positive outlook due to low unemployment, rising rents, and influx of immigrants and international students.
 
• CIBT Education Group has an estimated build-out value of $1.2B and is undervalued compared to other real estate businesses based on attractive EV/R and EV/EBITDA multiples.
 
 
*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.
Comment by Staghorn69 on Mar 15, 2023 8:46pm
Yep "new report"... LOL very flowery, and consistent with the paid for reporting this company has failed at for a decade.  Bottom line is this is a student education AND Vancouver REAL ESTATE HOLDING company....  check out those sectors, then compare the stock price here the last 5 years... Failure.  Total failure.  Deliver something to shareholders.