SCTN - great value to be had

I have been a holder since April 2000 at £4.73, since when SCTN has outperformed the market by 30% or so, even excluding the generous Dividend yield. Certainly the sector has defensive qualities, but if growth can be sustained, then maybe there is further to run. I read recently somewhere (Can't remember where) that a move to focus on brewing interests might lead to a rerating. One concern, given exposure to Hotels, SCTN does not seem to have been particularly impacted by the doom affecting the travel sector generally since Sept 11.