Ann: Monthly Portfolio Update as at 31 August 2017, page-7

Here is a simple but effective suggestion. Board of CGA directs that the CIE portfolio manager cross-checks, constructively critiques and proof reads all future CTN reports. Yep, that is not a typo. CIE PM, not CTN PM. The CIE PM is part of the same CGA team, but somehow his reports are better quality than the CTN PM as duly noted by AllFuelledUp. A few notches better in informing the clients, who after all are the key. To avoid future embarassment and to reduce future obsfucation. Wage bill stays the same. Cost is controlled, but quality of CTN reports written by CGA significantly improves. In fact, CTN Board should insist on it. CTN being the client of CGA. Or, better still, CTN's significant and more activist shareholders. GW, come on down. GW should query if CTN PM has lost his marbles, lost the plot as evidenced by his report writing and portfolio performance?