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  "documentTitle": "Caesarstone Ltd. (CSTE)",
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  "presentationDate": "2017-06-15 00:00:00",
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  "notes": "The slide highlights the 'elephant in the room' regarding unprovisioned class-action liabilities.",
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      "text": "Prudence dictates that these legal claims should be risked into any price target going forward.",
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      "text": "The elephant in the room\n\nSilicosis liabilities have a significant range of assumption issues, on the one hand the company made provisions for the legal action to date, after insurance of circa $19M. So far there had been no provisions for the class-action suit that was filed in 2014 (circa $56M) , the progress of this case is unknown to date. 42\n\nPrudence dictates that these legal claims should be risked into any price target going forward. 43 CSTE discreetly mention that “Consistent with the experience of other companies involved in silica-related litigation, there may be an increase in the number of asserted claims against us.”",
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      "text": "Consistent with the experience of other companies involved in silica-related litigation, there may be an increase in the number of asserted claims against us. — Caesarstone Ltd.",
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      "text": "42 https://www.sec.gov/Archives/edgar/data/1504379/000117891317000750/zk1719638.htm\n43 http://www.themarker.com/markets/1.3931649",
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      "text": "9. Silicosis – cost of doing business",
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