Re: I make mistakes and Lost picked up on one Sydney -- http://www.voy.com/100711/1/

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, [2], 3, 4, 5, 6, 7, 8, 9, 10 ]

Subject: Re: I make mistakes and Lost picked up on one Sydney

Author:
it was not in accordance with announcement sectionMOT

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 14:03:35 01/08/03 Wed
In reply to: serve?answer?--the company announcement section 's message, "Analaysis coming from that/ sectoral so forth.Excalibur" on 13:49:43 01/08/03 Wed

I stated that ERG had the contract---no it is the preffered proponent--which Lost correctly pointed out and it now remains for it to get through the legal jazz satisfy the NSW Gov and all the other hoo hah then get it signed.
With provisions, the point being to get down to brass tacks, much of the writedowns in the prior financial period relate to provisions---ERG has made substantial provision for contract delays, will it need all of it?
If not--won't this be a positive impact on the next financials---not in March but in Septemeber 2003?
Look at the reversal of profit on PCL?
It is nearly over the 50% threshold now--this will have a positive effect on ERG financials.
Then you have all the matching---with Sydney and San Francisco related to much of the writedowns---and then previous to that ofcourse related to the 46.3m ERG paid MOT to settle the alliance.
Stevo.

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Subject	Author	Date
Re:the reason I ask is---dramatic impact	as de provisoning comes off the profit and loss	14:10:40 01/08/03 Wed

Re: I make mistakes and Lost picked up on one SydneyCATI think it is a dirty deed.	bear markets bullmarkets bull for bullboards/differences	22:20:02 01/08/03 Wed