Very difficult to compare at the moment. MRM has posted a solid...

Very difficult to compare at the moment. MRM has posted a solid profit result whereas Neppy has yet to do that.

On potential alone, there is no doubt they are undervalued, but potential doesn't always turn into results. I have little doubt that it will with Neppy, but I think people wanna see the results first.

Missing their EPS forecast for 2007 by as much as they did probably made people tread a little more cautiously too. There are reasons for that too, but it doesn't stop people being cautious. This will, no doubt, be a very different story in 2-3 years time.