* FY 2015 guidance 3% beneath consensus expectations
* AT&T news of bidding for Direct TV pushed investors to sell the name
* Numbers of Vodafone is showing the difficult situation of the European Mobile market, environment is changing
* Main Catalyst short term is the Telefonica Deut. deal with E-Plus, dealine is the 3rd of July, an apporival will boost the all sector.
* Cash from Verizon deal has make possible to VOD to Increase Capex and take the lead in Europe Capex
I think that the stock is starting to look interesting here, downside is 5% ~190, upside is 10% - target 220 strong Support on the 200 level see chart attached.
- Stock Start to look oversold.
- VOD underperfrom SXKP by 17% YTD
- VOD Underperformed ORA by 40% YTD
- VOD is down 16% YTD & 19.5% from high on 24th of Feb.