Von Sharechat:
Why dont we just spend 5 minutes reflecting in what happenned:
1 - 2017 December the wheels fell off and everybody saying that SNH was going bust then,
2 - Successful implementation of CVA,
3 -All loss making business sold off with good timing and no fire sale.
4 - Now sorting out claims in a settlement. Claimant have no option but to accept because alternative i ZERO because creditors have first right on money left at liquidation.
5 - PEPCO continues to grow at fast rate above 15%, Mattress Firm now profitable, PEKPOR got rid of loss making building business and Greenlit Brans now also profitable possible IPO for Aus$ 1 Bil.
6 - In 2023 the IPO for PEPCO Group which I believe will be valued at Euro 6.5 bil because was already valued at 4.5 bil in 2019.
7 - Once the claims are settled then I am very sure SNH will be getting that cash back from Deloite and implicated persons. So settlement cash neutral
8 - When all this is done we going to say whow after all Supervisory Management and LDP were very good.and everybody is very happy.