RE: Has anybody thought about a correction yet…22 Mar 2024 07:13
The correction will occur if Turbo T fails to execute the plan shared at the CMD. Business updates will ultimately determine the momentum, and it appears optimistic to me, with clear skies ahead, barring any external macroeconomic disruptions (which also seem positive). Considering the execution of the transformation/efficiency plan, significantly enhanced margins, and the projects in the pipeline, I estimate a valuation range of £7-£12 by February 2027. Resistance points yes. Corrections, no. DYOR IMO.