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Paul Re PMP, its difficult to know whether or not the decreased sales in the UK are related to the referendum but it is a plausible explanation. However, there have now been two trading statements citing weak sales in South Korea with no suggestion whatsoever as to what is causing. If you do speak with anybody at PMP, it would be interesting to know why…

Interestingly STAF present their results with the following commentary:"Underlying figures are stated before amortisation of acquired intangible assets, acquisition and exceptional re-organisation costs in A4e and the non-cash charge for share based payment costs ("SBPC")"Most of this is fine but the last of the above seems to be extremely material on an ongoing basis and consumes the majority of the underlying profits/EPS.You will see this…

PaulOn a separate tack, your Tweet yesterday evening makes a good point..."Surely the very poor weather in most of June would have been a big contributory factor in the poor construction figures today?"Cheers, Martin

Thank you Tads So long as they generate sufficient cash to fund the roll-out, I am happy to continue to hold. Clearly there will be ups and downs in trading caused by issues such as the weather, as reported today. Cheers, Martin

tads, An update on anything you learnt at today's CRAW AGM would be much appreciated. Thank you, Martin

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