I don't see PRY's existence as detriment. VEI is only small...

I don't see PRY's existence as detriment. VEI is only small local company I wonder if international player will be interested. If PRY can exert influence on strategy that is good. PRY is in hand of very competent management. I assume PRY intends to expand into VEI's area but not as a competitor. ATM, VEI has sorted out its debt issue and stabilized the business and return to distributing dividend (though small, at least it had the cash flow to pay that is a good sign.) . VEI should be treated as a normal company now. If is treated as a normal one, it is probably undervalued. Ideally,SP will be adjusted gradually over the time.