St James House Share Discussion Threads

[smraynot] 30/6/2020 15:24

1000% today just watch!!!

[shouldhavesold] 30/6/2020 15:18

They might get their money now, but the 1.7m shares are sure to be offloaded immediately so buyers beware

[letmepass] 30/6/2020 15:10

Where's dave4545

[thesloth2] 30/6/2020 14:23

Looks good on the leader board but if you were with MDC/TWL you would need about 2500% to make up for their consolidation. Big pendulous pants

[monkey puzzle] 29/6/2020 12:42

Could just carry on as they are. Then begs the question whether the nomad will stay or quit?

[adh0] 27/6/2020 02:20

Latest odds:

1/2 - Delisted
2/1 - Buy another company in an unrelated field and claim this was always the plan
4/1 - Change name

[monkey puzzle] 11/5/2020 08:54

LOFL Must be the most accident prone plc ever listed that keeps finding new obstacles to trip over on a continuous basis. If this was animal it would have put out of its misery years ago as a kindness to new and existing investors.

[adh0] 08/5/2020 17:16

I have nothing to add to that.

Other than that this is all a huge shock and nobody could possibly have seen this coming, not with the top notch Board of Directors that we have here.

[the spiv] 02/5/2020 09:12

St James constantly loses money and survives on share issue to pay Directors and employees.

It has also managed twice to offload insolvent subsidiaries for £1 and book a gain on disposal which is why it staggers on.

None of the underlying businesses are profitable.

The stated net asset are supported by goodwill, investments and debts which I consider will recover little value in an administration.

I doubt investor cash will arrive. The investor has had at least 3 months to find the cash since deal was announced. I suspect he hasn’t got the cash and doesn’t have sufficient unencumbered assets to raise debt to pay cash either.

One to avoid.

[a2584728] 01/5/2020 09:48

Buy buy buy. These funds will come In.

[sanilav] 20/4/2020 17:39

From positive to negative,bit of a weird day today.

[sanilav] 08/4/2020 13:39

8th on the Leader Board,right leader board this time,nice to see.

[sanilav] 07/4/2020 13:26

Dont take up full time gambling

[adh0] 06/4/2020 14:53

From the last update:

"The Company announced on 12 March 2020 that the monies due on the previously announced (31 January 2020) binding agreement for the subscription for 1.666,667 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 30 pence per Ordinary Share (the "Transaction Price") to raise a total of GBP500,000 (the "Subscription"), had not been received."

I am not sure why someone would pay 30p a share if they are 20p on the open market. Which leads me to believe they wont be doing that.


"The Subscription had been agreed with Auxilum Investere SJ Ltd, a UK company controlled by Michael and Linda Peters ("AIS"). A further delay has been caused by the difficulties in international travel and communication."

There has been some difficulties in international travel to be fair but not so much as to cause more than a few days delay. There has been no interuption to communication!

I would say it is 50/50 they will be delisted or in administration some time this year. 6/4 they change name. 4/1 they buy another company in an unrelated field and claim this was always the plan (then run it into the ground). 25/1 the directors take a voluntary pay cut to preserve cash.

[sanilav] 02/4/2020 18:03

not holding up so well now.

[sanilav] 19/3/2020 12:25

At the moment,depends on the outcome of the Subscription which theoretically we are supposed to get news today as the week is up.

[adh0] 19/3/2020 11:29

I never thought I would say this, but we are holding up remarkably well!

[sanilav] 28/2/2020 16:17

Amid all the carnage today,we have a bit of blue,and quite a reasonable RNS.

[soft t] 28/2/2020 13:00

anybody go to the meeting today?

[a2584728] 28/2/2020 07:26

I would have held this back for a few weeks but hey ho we should see vast improvements from here

[adh0] 08/2/2020 16:16

Highlights of the latest truely baffling RNS, at least someone is still making money here:

" The Board yesterday also resolved, subject to approval at the GM of Resolutions 2 and 3, to issue the Fee Shares, in settlement of amounts owed totalling GBP127,500. The Fee Shares consist of the following elements:

1. 16,667 Ordinary Shares at a price of 30 pence per share in settlement of director fees totalling GBP5,000 for Arno Rudolf, a director of the Company, in relation to his contracted services as a non-executive director of the Company.

2. 41,667 Ordinary Shares at a price of 30 pence per share in settlement of director fees totalling GBP12,500 for Roger Matthews, a director of the Company, in relation to his contracted services as a non-executive Chairman of the Company.

3. 13,333 Ordinary Shares at a price of 30 pence per share in settlement of director fees totalling GBP4,000 for Jacques Leuba, a director of the Company, in relation to his contracted services as a non-executive director of the Company.

4. 16,667 Ordinary Shares at a price of 30 pence per share in settlement of director fees totalling GBP5,000 for Graeme Paton, a director of the Company, in relation to his contracted services as a chief executive director of the Company.

5. 210,000 Ordinary Shares at a price of 30 pence per share in settlement of invoices for consultancy fees totalling GBP63,000 in respect of services provided by John Botros, a subsidiary director of the Company, in relation to his contracted services, to be issued to First Hartford Trust, a family trust where Mr Botros' wife is a beneficiary.

6. 76,666 Ordinary Shares at a price of 30 pence per share in settlement of invoices for consultancy fees totalling GBP23,000 from PEP Contracting Limited, a company controlled by Dan Pym, a subsidiary director of the Company, in relation to his contracted services.

7. 50,000 Ordinary Shares at a price of 30 pence per share in settlement of invoices for director and consultancy fees totalling GBP15,000 from RT Associates, a partnership controlled by Lord Tim Razzall, a former director of the Company, in relation to his contracted services as Chairman of the Company at the time. "

[a2584728] 04/2/2020 09:38

I suspect we shall see a slow rise which is always better than the eradication jumps and then if we see a positive RNS regarding the cards or sale of one of the businesses we may see new positive horizons.