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  1. 1,112 Posts.
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    I personally think it could be under-valued at the moment.

    2003 was the drought which affected most wine makers in Australia, so profits were naturally down on 2002 levels substantially! Now, profits are back up in line near 2002 levels.

    If the market valued it correctly in 2002, it's under-valued now I feel.

    I sold out of SRP, grr, just my luck. I was in at $3.79, with a price target of $4.80 - $5.00 based on what it was around 2002.
 
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