Bruce Campbell (2) CIBT Education Group INC MBA-T BUY Jun 22, 2017

Doesn’t think this is followed by anyone right now. They built schools, bought some of them, and then discovered foreign students needed a place to stay. That is really where the money is. They’ve started to expand and build education centres to house students. They’ve been really good at turning their portfolio every couple of years. It’s only a matter of time before somebody comes in and buys them out.

Not only does this company have language and career College programs, they also have a big real estate portion, where they bring foreign students in and rent them accommodation. They’ve also been very good at developing projects.

This is going into student housing for foreign students. They are going to bring these things online and their cash flow is going to be ramping up. The company continues to execute very well.

(A Past Top Pick on April 26, 2017, Down 5%) They build student housing very well and there's currently a shortage in the west. They make a 10% EBITDA margin on these schools. In addition to revenues, they benefit from the asset value is rising in those projects. They have several the Vancouver area. Down the road, they could get acquired. This is a long-term play that could see a buyout. Be patient.