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Re: Re: Re: [sharechat] CEN takeover bid

From:	"David Renwick" <david.renwick@paradise.net.nz>
Date:	Sun, 11 Nov 2001 23:03:01 +1300

Hi Sue,

. CEN have been acquistive in Oz and may be using some of the earnings for this debt. ven given that I too thought $0.11 was a bit lean. Warren Buffet wouldn't agree with either of us though.

. If Siemens haven't dished out the lolly for the Otahuhu B repairs some provision would have been made in the accounts I hope and I think it would be normal accounting practise to recognise it in the period that it was known rather than the period that it hit the bank.

Who wants to read the entire doc'? Not me.

DIsclosure: Holds a few.

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