Member Info for ERV1

From the Articles of Association

2.3 Wherever in these articles provision is included for the company to make payment, withhold, retain or not be obliged to make any payment in respect of any money which may be owing to any person, the following shall apply unless otherwise expressly provided:
2.3.4 the company may employ any such money in the business of the company or invest it as the directors may from time to time think fit.

LEVIS 100%.

Yes, Rosewall well as I said, just let us/me know when normal life resumes. Birdsong - Eva Cassidy - one of my favourites and oh my, are they are singing away in the campo en Espana ... and my grandson tells me this morning that a big fish will get us home cos he's missing us... out of the mouths of babes... Last April we took him on a Lochs holiday. Tomorrow, the plan was Rutland Water. Another time.

john, your warnings worked in this quarter. Combo of you and Wids raised ???'s for me so instead of making a big silly move, that amount is still in the bank. Thank you very much. Lessons learned from the biggest **** up I ever made in old swings n roundabout world was listen and validate the others pov. Yes, we all know gaps might not be filled ......... yesterday I thought - john was right with his 28.

yes Rosewall, whilst we may disagree on political matters, I know that you are a very benevolent person and supportive of your causes. So when any kind of normalcy returns please do keep us informed of your next "event".

a RNS, or is just delayed? The C19 update - detailing the percentage reduction of remuneration paid to the BoD, that they are prepared to sacrifice - demonstrating that we are all in this together.

dusterinmong, thanks for posting that link. By far the most sensible piece that I've read in any publication during these past few weeks. I don't doubt that there'll be a few "boomer" haters on here who'll have difficulty comprehending the truth of it all, when it comes down to probability/percentages/ratios. Nothing wrong with the opposition challenging, as long as they are able to put forward an argument that is valid, rather than argue for the sake of it.

you make too many assumptions snige. Personally I do not trust any of the data as there are so many anomalies, in addition to which, to gain a closer theoretical probability, there needs to be far greater testing - globally. So, whether playing with the empirical or the theoretical there is a total inability to provide accurate data. Why do you think the professor at ICL has changed his predictions so many times? China with a population of 3.8m in Wuhan, 80m in Hubei province and circa 1.3b total population with how many reported cases and how many reported deaths? If you want to believe that Chinas data is better than the UK's or any of the other countries, that's entirely up to you - don't let me stop you.

snige, your ignorance never fails to amaze

You'll never know Chinas true death rate. Conspiracy theories apart, the law of probability alone, tells you that their reporting of any numbers in relation to C19 cannot possibly be true.

wishing you all the very best.

It has since been reported in some papers, I was getting a daily update from my son, from the day he contracted C19. The mother of my grandson is on the frontline too, so ......................................................

No disrespect 23awel, but you could always do what my sons 30 years old friend did - C19 took him last friday - he told the medics not to try and save him or use their precious time on a lost cause - as he had been fighting leukaemia for 2 years. He was 30 on the 23rd and said bye-bye on the 27th. Puts things into perspective somewhat.

a handful?

https://www.reuters.com/article/us-coronavirus-health-dividends-idUSKBN21E34P

bighammer, thank you for your response. I'm totally au fait with commercial and industrial. I just can't get passed the need for a more pro-active risk management strategy with the house builders. In this climate the cost and control mindset might be better with a shift over to a more pro-active risk management one. All those reservations "off plan" that are partially built, why can't they be finished? Surely the longer this situation drags on for, the higher the likelihood of losing the sale? A private builder, with firm reservations surely wouldn't be downing tools, unless the government directive dictated otherwise. Think I read somewhere that the reason for some of the house builders site closures were on the basis that they were unable to police the PHE guidelines. If that really is the reason, then pro-active clearly doesn't form a part of their vocabulary.

Tom, wasn't it the case that the house builders closed their sites and then the brick manufacturers acted by closing their factories? From a supply and demand perspective. If houses were bought off plan, are part built/finished, and the factories were still producing bricks, the government hasn't closed down construction, then why couldn't those already sold be completed? When things return to normality, there must surely be a huge lag due to the delayed unfinished works that will have a further knock on effect in getting things running smoothly. This isn't about building a stock of unsold properties its about finishing what you started surely?

Tom, there appears to have been a general lack of clarity of the government guidelines. Construction workers cannot possibly work from home. The government guidelines don't stop them. If PHE guidelines can be adhered to and the employers adhere to all guidance for their employees - including their subcontractors - then if the workers are fit and healthy and free of symptoms and happy to carry on, in order to stop the economy and their own finances collapsing, why shouldn't they. Are we saying the brick manufacturers are unable to operate within PHE guidelines?

Thanks for that Ben, there must be a lot of part built homes out there, that had already been sold off plan. Wait and see.

unable to operate within the PHE guidelines then? I am unable to locate a government directive that states construction sites must close. Surely the implementation of new site rules that are fully compliant with the PHE guidelines, would enable sites to be operational? What's the difference between industrial/commercial constructions sites, that remain operational and house builders that aren't - in their working practices?

https://www.gov.uk/government/publications/further-businesses-and-premises-to-close/further-businesses-and-premises-to-close-guidance#businesses-and-premises-that-must-remain-closed

We are part of G20

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