  In 1994 V4332 Sgr underwent a mysterious eruption. Somehow its fast evolution
towards a red giant star was, lacking alternative classifications, connected to
the red variable M31 RV, which had its eruption in 1988. The red eruptive
variable V838~Mon draw in February 2002 the attention back to its 'older twin'
V4332~Sgr. The new precise photometry of the progenitor given here shows that
the object started to rise years before the 1994 event. Post outburst
photometry and spectroscopy from 2002 and 2003 show that the object stopped
it's decline and seem to reheat now. The progenitor data and the new high
quality spectra provide a supplement and completion to the data around the
outburst given by Martini et al. (1999). It thus allows theorists to give new
boundaries for modelling of this unusual object.
