M.P. EVANS (LON:MPE) good numbers but how on earth do you value this one?
There was a record profit for the year US$53m (2007 US$46.6m), with earnings per share for both continuing and discontinued operations (note the unusual inclusion of both, thats significant!) of US cents 96.26 (2007 US cents 82.32 cents). At the current share price of 306p and market capitalisation of US$160m, this all looks very rosy!
However, the year on year comparison is hard assess given the changing nature of this business…
Sign up and read the full article
Register to continue reading our content.
Already a member? Login
Previous article Next article