Attended recent AGM (on one of several large Freehold sites owned) and quite like overall picture of what I saw.Manufacture high tech sensor equipment. Bought earlier this year at 735p, saw them drop sharply on adverse analyst comment before recovering to same sort of level.Presentations implied basic trading strong, prospects good and they are gradually switching some manufactured product to Far East. Lots of sales in US$, so exchange hurts at present, but ungeared and healthy yield over 3%. Particularly appealing bit is that controlling directors both now late 60s and succession must be beginning to concentrate their minds. IMO they may well be taken over in next 5 years and if trading continues as good as it looks, there could be decent rewards for the patient.Always DYOR

wish i'd bought this at £3 in 2009...... :(