Reach4Entertainment – 2019 results, “confidence in the group's ability to withstand the current situation”...BUY
In November as the shares fell below 1p, I cautioned on learning and skills company Malvern International (MLVN) with its decline from 2 months previous “traditional second half weighting a good start” with already net debt and a net current liabilities position. Now “Proposed Fundraising”...
A “Trading Statement” from learning and skills company with courses delivered on sites in London, Manchester, Singapore, Malaysia and online, Malvern International (MLVN) includes “full year revenues are now expected to be modestly ahead year on year… the board expects to report a positive underlying EBITDA for the year… The board with its new members believes that it is pursuing the right strategy in diversifying its product offering and locations”. The shares have currently responded to comfortably below 1p – er, circa 50% lower!...
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