Guys,I was given the report by my broker this morning and pretty...

Guys,

I was given the report by my broker this morning and pretty its big and far more extensively researched than the RBS release. It's high quality that breaks everything down especially the figures that many people have tried to work out. It also shows the analyst knows this game.

The report has been made for "wholesale clients only" and analysts get very funny if its released to the general public prior to their clients seeing it. IDM did not pay for this research, so they may not be allowed to put it on their website.

Now on behalf of everyone that writes on the IDM thread, I have written to the analyst this morning asking whether I can copy some of his information, I am yet to hear from him.

I won't copy anything just yet, but he used these three words "cash generation machine". You will fall off your chair if he allows me to post the rest of that section.

Many of these analysts or their assistants read H.C., so we may need to all ask very nicely.

His name is Kurt.

Pep :)