Montpelier Group

thanks, the same to you.

I think MPL will be a very good performer myself. Keep looking at COST imo - £670m sales, mkt cap £153m. You have to think MPL could do a third of that turnover easily - mkt cap £25m. Got to be a onebagger on that basis - then look at the pension situations, COST looks dire where as MPL looks very reasonable. Add in MPL paying a divi of 2.5% this year and COSt not paying any.

MPL looks way undervalued on that basis and COST were valued at 25% higher not long ago too.

CR