Personally, MTN and VOD will eventually be priced as utilities - although their DY might price them a little higher. Thumb sucking, but a P/E between 12- 14 might be more reasonable. On the TA side, there is (I think) a potential bear flag on MTN's monthly chart. Obviously, that's my investment view - as to a trade, yeah, would see if it hit 116, then sell if it rallies to 130 - but might be smarter to wait for it to hit 130, then short.
The had their day with crazy margins on voice calls - competition in data is going to shrink those fat profits. But you will be buying them for steady dividends - not growth. IMO
The had their day with crazy margins on voice calls - competition in data is going to shrink those fat profits. But you will be buying them for steady dividends - not growth. IMO