VP PLC Research shows it's a strong buy for 2002>>

Grumble away PIM, always good to have all sides of an argument. I'm in CAR, TRI and CSLT as they could all have some way to go despite all having been good risers for me to date (I'm not sure there's much upside in RNO for a while yet, don't know much about SPT).

VP's latest broker forecasts are interesting.

2007 2008
Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Teather & Greenwood 20-12-06 BUY 14.00 21.80 7.60 16.40 25.40 8.60
Brewin Dolphin 13-12-06 BUY 13.90 21.70 7.60 15.90 24.91 8.30
Numis Securities Ltd 04-12-06 ADD 14.10 22.00 7.20 15.80 24.60 8.00

We're not far away from the 2007/8 year, when VP will be on a current year P/E of only around 12.8. Too low imo - the growth and prospects could support a 30% re-rating to around 420p over early 2007. An ideal ISA candidate.