By Nigel Somerville, the Deputy Sheriff of AIM | Tuesday 27 October 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
There is that old saying that when good management (although the jury is out on that) meets a bad company it is the reputation of the latter which survives. And that brings me to AIM-listed uber-dog St James’ House (SJH) – formerly Lib Dem grandee Lord Razzall disaster Boxhill Technology (BOX). We’ve had funding not arrive, vacuous trading statements and now this morning the company tells us it cannot get its accounts out on time. So why has AIM Regulation not suspended the shares forthwith?
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