Eh , what's up , Doc ?, page-18

Tumbleroll I detect an unsophisticated one-dimensional paradigm in you. It seems you view life as black or white. My strategy is non of your business but it has a todate FY17 26%ROCE and that is achieved not caring what the SP does day to day. Not great in absolute terms on a low SGH capital base but sufficient to generate a modest income and of course if it ultimately fails then the capital is lost.

What I do care about is intelligent conversation about the industry at large, more specifically dynamics in UK, capital structures and how the make up of the balance sheet is what it is today. Through that we can reveal plausible explanations and probability on various projections. That is what I care about.