UK 10:46 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
As well as disastrous, red ink soaked finals, St James House (SJH) published its interims, to July 31 2020, today and revenue was up an impressive 51% on comparative interims to £641,000; however, administrative expenses of £874,000 resulted in an operating loss of £567,000. St James House (SJH) was only able to report a profit of £192,000 due to the profit of £759,000 for disposal of Market Access Ops Ltd for consideration of £1. As I highlighted in my note of February 2020, I struggle to understand why Mr John Botros would buy a loss-making company for £1 as it came with net liabilities of £759,000.
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