interesting thread.

spent few hours to read and digest all info here, thank you for all who contributed

one question on pound issue:

althoug WW's earning and debt are both in pound, but we should not assume appreciation/depreciation of pound will automatically cancel off each other, it depends on the value of debt and income. for example, if the debt is much greater, then appreciation in pound not only will cancel off the additional earning from operating profit, but may add on more debt, and vice verse.

so, the question, anyone know the value of debt and income for WW in pound? ie, a more accurate number that will help us to judge whether appreciate/depreciation of pound will benefit/hurt WW, hence YTL PWR?

thanks in advance

have a nice weekend