Always good to have a good robust debate. I for one have been happy to have not held while the SP has been in fairly steep decline over the last year !
Agree with BP's assessment about it being slightly undervalued at the current SP. Deserves to be rerated to a PE of at least 10, possibly 11-12 over the year ahead if they continue to deliver as promised. Difficult to find stocks growing EPS and dividends at a forward PE of 9.4.
Acquisition of Autosure was a game changer and the business model is scale able. Right cars hasn't been quite 100% right though, seems they have under-performed a little ?