I read recently that some of VSL's peer companies in the USA are priced on much higher multiples, but many of them are private companies which makes comparisons tricky. The management of VSL would want to ensure they achieve the results which I think they are committed to doing.
All in all, the 2006 story as Temata said is when the real value of the company will become obvious.
Higher EPS growth going forward is the key with all companies wanting a higher share price, and I reckon VSL will achieve this.
My thoughts only. I hold.
VSL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
