RE: More Jam on the way no doubt17 Sep 2025 13:47
I'm afraid these excuses from JB & Co do not cut it for me, the fact is the company RNS'ed a timeline which expires tomorrow, the fact that the RNS had to be passed by the Nomad suggested it had to have credibility, recent X posts from Shuka have all been about concluding the deal, if the funding does not come as implied it will, once again, reflect very badly on all parties involved.
The mystery continues re QvB, the Chairman, supposed to be a billionaire but seemingly has no available cash to support Shuka, has not delivered on those £2m loan notes, shareholders have every right to ask what the **** is going on !
One does wonder about the governance of the stable companies, a number have been suspended for failure to release accounts on time, retail investors are in fury regarding woeful share price performance, failure to deliver on promises/claims regarding various projects, social media is awash with critical commentaries, the negativity is endless, to rub salt in the wounds JB continues to take on new director positions, the latest being Caracal.
So Shuka management, are you going to let down investors once again, kick the can down the road, or are we finally going to see on time delivery, by the close tomorrow we will surely know.
In the meantime other sector stocks are multi-bagging.