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06:22
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Originally posted by walkingeagle
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No they have not, SWC - as you well know. Please stop deliberately misleading people. This is what their own statement said:Accordingly, £50.1m (including interest) is retained in the warranty escrow account until the purported claim is resolved ("Warranty Escrow"). Whilst Watchstone's view as to the lack of merits of the purported claim has not changed, on the basis of the Opinion, we consider it appropriate that a provision for impairment be established in respect of the Warranty Escrow and have determined that the appropriate amount should be to fully impair the Warranty Escrow. This reflects the inherent uncertainty in valuation of the purported claim and is in no way a reflection of the Group's view on ultimate resolution, which is uncertain in both time and quantum (if any). "(WTG)... are talking with SGH on a number of issues EXCLUDING NIHL (did you get that WE?)" "We remain in active dialogue with S&G on a number of other matters including the performance of the noise induced hearing loss ("NIHL") cases to which deferred consideration is due when, and if, such cases are profitable. To date, no deferred consideration has been paid".
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Let's see what the market holds today.number of other matters including/excluding NIHL (does that really matter WE makes the same difference does it not? - still a number of other matters).
and the the other matter of us discussing number of other matters including/excluding NIHL (does that really matter WE makes the same difference does it not? - still a number of other matters).
