Member Info for jakeandelwood

"As part of the transaction with Aéma Groupe, Aviva has agreed to customary warranties and indemnities. This includes a specific indemnity agreement in respect of the ‘known price’ contracts, written by Abeille Vie between 1989 and 1997, that would share the risk in the unlikely scenarios of certain costs in respect of these contracts rising above Aviva France’s already appropriate existing provisions. This will have a negligible impact on Aviva’s solvency position."

On the basis it states .........."certain costs in respect of these contracts rising above Aviva France’s already appropriate existing provisions. This will have a negligible impact on Aviva’s solvency position."
I would say Aviva only pick up the excess. cost other than what Arena have already allocated in their own provision ,not any full award, that's if the case ever goes against them if course.

As part of the deal, Aviva agreed to indemnify Aema who bought Aviva France for future costs. Make of that what you will.

I need some of what certain posters on here are being prescribed lol. Using the words Sharon White and capable in the same sentence almost made me pi55 myself. The woman is the most self serving incompetent ever to hold a position as a CEO. You only need to see what she has caused at JL to see that. SW in and I'm out before she calls fir a cash raise lol.

I have been on the lower end of the income scale as you put it BF.
Sadly a lot of what Chid says is true, many abuse the benefits system and limit the amount of hours they work. Nobody should earn more on benefits than some working long hours on minimum wage and putting the graft in. In the 70s and 80s I worked two jobs 60 or more hours a week to pay the mortgage. Its called having a bit of pride and and providing for your family. Happily I'm now reaping the benefit....and not ashamed to say so.

CC will not be another ARM Tony. Not in its current guise anyway. Best we can hope for is a takeout at a reasonable price.

https://www.propublica.org/article/secret-irs-files-trading-competitors-stock

.....and will VF face the same level of investigation and obstacles from Ofcom and the Competition Authorities had it been BT,doing the takeover ? We all know the answers I think.

Perhaps her time would be better spent managing some the nonsense coming out of the BBC. One of her past positions was" Civil Service Gender Champion from 2015 to 2019, appointed as the overall Civil Service Diversity and Inclusion"
Tells me everything I need to know.

Seems to me they may be running scared LTI. The size of the next order will tell. GLA.

Seems someone is getting nervous......
https://www.thehindubusinessline.com/info-tech/telecom-operators-raise-voice-against-govts-unlicensed-spectrum-for-smart-grid-meters/article66614910.ece

https://www.financialexpress.com/industry/smart-metering-infra-on-unlicensed-spectrum-not-secure-coai/3008075/

Our arrangement is with the CFS bank ............lol

Doubt it will affect CC
Colour. They get all their cash from us shareholders lol. Ni doubt will be used as an excuse somewhere along the line though.

Thanks ITT looks like you are correct. I'm sitting patiently waiting for (hopefully ) positive news like most here. At least the delay should give those who need it time to move their shares into an ISA should they wish.

https://www.cioreview.com/smart-energy-water
Judging by the last paragraph I wouldn't be worried about anything out of this too soon Tony . Looks like they already have over 500m connections.

Morning LTI.
I absolutely agree....hence the final paragraph of my post.

Morning LTI , all.
As I suspected this is all around reduction of R and D costs and ensuring numbers are deliverable. This leaves CC to concentrate on the important things such as winning orders and becoming an SME.
My thoughts are that the last three RNSs are very subtle and quite significant. If you care to read between the lines.

Morning LTI, all.
I still think it's about functionality and interoperability. The link attached gives an oversight. Anything that works on a network has to be compatible. I'm sure many will remember the early days of desktop PCs when one sound card or video card etc wouldn't work with a specific piece of desktop hardware lol.
The below link gives an overview I think. Have a good weekend everyone.
https://www.landisgyr.com/news/landisgyr-receives-wisun-certification-for-revelo/

Hi LTI. I tend to agree. It also makes for a more flexible solution. I'm sure CC could have developed a solution but the time ,cost , risk no doubt made it an unattractive proposition. As I alluded to in my earlier posts.
You would no doubt be amazed how many cross industry parts are in everything from cars to washing machines. The days of each manufacturer producing their own are a thing of the past. Far bette to tool up for a specific product and accept profit by numbers.

The numbers only apply to your personal investment, it depends on what price you bought in at and if you realised any profit. Numbers can reflect anything you want them to reflect dependant on the way you manipulate them.