Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Probably incentives to retain staff.
They get to buy 1/2 the shares at 0.22 in 3 years time if the price hits 0.6 and the other half at 1.1.
That’s 200% return at 0.6 and 400% at 1.1.
MrTriumph and HBURGH68
The share price doesn’t lie. The company is valued at 0.25 per share because investors are still waiting to see if this company will make it. I believe it will, but it will be late 2023 before we see it’s true value of 1.25p per share.
All this hype about a re-rate happening soon is just people letting their emotions rule over facts.
Well that update answered my question. Their still not making a profit. Let’s hope the 2nd half of the year is more successful otherwise they will run out of money by Christmas.
Big question is;
“Are they making a profit yet”
This company’s share price will never budge until they come out with concrete figures stating actual profit.
We have reached rock bottom funding wise. If this company can’t turn the corner now it’s bust. This is the second wave of dilution + £1mill will be sunk costs directly into keeping the company alive. Share will drop down to 0.13p by the time the dust settles.
Hopefully the UK Covid strategy allows foreign students into the county.
Although I would love to see this share continue to rise, the inevitable truth is it will come tumbling back down to 0.13 by the end of Jan. Here’s why.
The company continues to be a loss maker. We know this because it had to borrow a further £350,000 at 11% just to get buy. Future business is great but until it actually becomes a reality it’s just speculation. Malvern is primarily a face to face school and it’s core business continues to be restricted, even worse now all travel corridors have been closed.
Serious investors will continue to shun this company until it returns to regular profit.
I’m confident this company will survive and thrive but it will be late 2021 before we see any real rise in the share price and 2022 before its reaching its full potential.
As expected they need more money to get through the Covid crisis. Not as much as I thought which is good but 11.25% interest. That shows poor confidence.
Now that’s some blue sky thinking.
The company will break even 2021 and turn a profit 2022. Even with full schools they could only reach about 2-3 million profit. 1.5p by August 2022 is the goal.
I don’t think they have enough and at some point will need to raise again. Problem is the share price won’t let them acquire much. They will need to do it via a loan, options etc.
The current loan is at 10% interest so I would dread to see what they would get this time. They need a private investor or government backed loan.
Again this share will not go anywhere until they turn a profit which won’t be until Summer 2022.
Because WEY has regularly made a profit. MLVN hasn’t made a profit for 5+ years and been 2 suspended twice this year alone.
The day they actually announce a profit this share will fly. Until then I can’t see it moving much.
Coffee shops in schools that barely have any students in and during a pandemic. This has to be the worst idea I’ve ever heard. Resources should be focused on reducing overheads not increasing them.
Did anybody get to vote at this AGM and any idea of the resolutions?
Hopefully we get an RNS before October. Can’t imagine it will be good news but we all know this share is a big gamble. 50/50 it will go bust before the summer 2021 but if it survives then it’s x10 profit for those who have the nerve. Buy 0.15p sell 1.15p in 2022.
That’s very disappointing. At those levels Malvern won’t survive past December. Let’s hope Manchester isn’t included in that and it’s got a much stronger uptake of students.
How accurate are those figures Amina52?
This share isn’t going anywhere until the company gets turned around and starts making a profit. It’s currently valued just over £2,000,000 which is based on shareholders hoping Mr Mace can pull this company out the mud. Expect it to remain between 0.17 and 0.23 until significant good news is released.
When this company announces it’s turned a profit (June 2022) it will explode to its true worth of 1.35p
Defiantly a buyers market. A lot of money to be made with this share.
It’s hit the buy point. Now this company is properly valued its definitely worth a punt. Big risk = big return. This company is not out the woods yet and could go bust but high risk investors will take that chance. Buy 0.18, sell when it reaches 1p Summer 2022. I’m going in.
This has further to fall. 0.2 before buys start.
Shares have been allocated. New share issue is listed as 1.2 billion. Market capitalisation £3.49m. Revised share price restart of 0.15p. That will revalue the company at £1.8 million. Sounds about right.
I recon it will be back trading tomorrow and you will see some significant Buys.