KGIC Inc. (fka LGLTF)

[pointofreturn]

I found this post on another forum from Fabrice Taylor

2013-12-10 TOP PICK Fabrice Taylor
They own, operate and consolidate ESL schools, but not the ones where locals go, it is only for foreign students who come to Canada, who are less price sensitive, so pay more. 3rd quarter earnings were spectacular. Net earnings margin has been 20%. What really gets him excited is that they are now entering the student housing business. Have 4500 students who come to Loyalist schools today and they need to live somewhere. Have a pilot project starting in January with a small number of students and margins are fantastic. If they can grow this out over the next few years to what he thinks they can, that alone is worth potentially $100 million and the market cap today is only $80 million. $1.30 in 12 months is reasonable.

Source:

http://www.stockchase.com/company/view/4328/0/Loyalist-Group-Limited/LOY-X