Chanticleer: "Write downs will be severely embarrassing", page-4

It goes something like this now about the predicted write-off of 100% goodwill in PSD...



Ha!   Those devils in the media, again trying to spread false rumours about write-downs and write-offs! We have portfolio NIHL cases!   Motor accident cases in our portfolio not materially affected UK Reforms.   
Cash negative since purchase just due to repainting and restocking costs.   
We did our own very detailed due diligence before purchase this ship!
Let me tell you now as a certainty...we have headroom in our facilities.
The auditors are on our side!

It is the AFR and Chanticleer who will sink, the devils!

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