Screaming BUY>>>>

Had a look at the Daily Express tip. Nothing new to FSJ holders, but in summary:

- shift to higher margin marine services should encurage the rating
- highly cash-generative
- growing fast under Chairmanship of ex P&O boss Tim Harris
- good recent acquisitions
- should be more newsflow in 2004
- trading on a P/E to 31 December 2004 of just 11

In fact, EVG forecast 28.7p EPS for 2004, so the P/E on that basis is just 9 (Brewin Dolphin forecast 23.8p and WH Ireland 26.9p).