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Malvern International – half-year trading update, “positive about the outlook”. Really?

Learning and skills development programmes company Malvern International (MLVN) states that it “is pleased to provide a trading update for the six months ended 30 June 2022, ahead of announcing its interim results in the first half of September” and “we remain positive about the outlook for the company”. So what’s the detail and what of a current 0.10p share price?

EPIC MLVN
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Malvern International – from 2 months ago “traditional second half weighting a good start” to now…

“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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