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They only gave a commitment to monthly updates while they were waiting to complete previous delayed results, I did not expect that to continue once results were published. Also if you look at the last RNS they said they were undertaking a 90 Day "Change Management Process" for the business (yes 3 months) so I doubt we will see any before mid to late July at the earliest. Why it would take them 90 days to complete this task is beyond me and seem quite ridiculous but I guess it's their way of saying we have nothing material to report right now and will provide the results of this exercise in July or perhaps August? Meanwhile the volume is share trading is virtually nothing with just over 2,000 shares traded in the last month which is pathetic but with such a wide spread and trigger happy MMs ready to mark it down so easily it's no wonder PIs are sitting on their hands. Nothing will change until the next update and with the lack of any positives from management it remains questionable as to whether they have enough cash to see them through to next year. Very disappointed with the people in charge since the shares came out of suspension.
From 19 April RNS:
I am delighted with the progress to date in the partnership between SJH and Tintra that was announced on 25 March 2021; combined with the audit being completed there is a new lease of life in the Group, and I look forward to exciting times ahead. Tintra has recently completed a commercial audit of SJH and has provided comprehensive internal guidance notes from which we are tomorrow commencing a 90-day change management process during which a range of internal and external facing improvements to SJH's operations will be completed during that 90-day period, this will include the delivery of a full business plan and strategy. This document and other changes will be announced in due course as the collaboration with Tintra continues."
“Resemblance “
Perhaps the excitement is too great that Graham can’t bring himself to write an RNS !!!
Lots of news building,last year’s results, trading, progress regarding Tintra’s involvement ,appointment of newCEO etc.
The quiet is semblance of old when no news is BAD news, hope not.