Yes Alf, your on my wave lenght, very undervalued. David Evans (the Gaffer) has a reputation for beating earnings forecasts too, I would expect the 2003 forecasts to be upgraded sharply after these results.
In fact, One gripe Evans has is that this stock is valued at a much lower rating than similar on the continent. There's a serious chance that they beat expectations quite well this year and next and should also re-rate now that the earnings have the solid growth behind it that Nokia repairs bring.
As for the BMW's, well they are not all BM's, but these guys are rewarded on performance so I guess they are performing :-) As a customer of theirs I can say they do go the extra mile to get the business, but you pay for it.
Happy New Year!
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