Hi folks
I bought in at 99.5 and topped up at 93 .
Business is gaining traction and the move to annuity will help the market rerate the stock to a higher PE multiple
The lower debt profile will allow for more reinvestment in growth
I think we will see Earnings increase to mid 7s and PE expansion to 16-18 factoring in greater future earnings growth. A price of 120-130 on the cards in next 6 months and mid 1s within 12-18 months imo.
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