Bull therapy 101-thread for technical analysis with the fundamentals

Vodafone Idea (Monthly) - Technically trading in the channel that I like to call the ‘Solvency channel’ :slight_smile: About to break out of it. Fundamentally, 90k Cr debt and 10k Cr equity - EBITDA could be 15k Cr this FY - making it trade at about 6 times EV/EBITDA. Any incremental increase in EV will have disproportionate gains on the equity. First it has to remain solvent - Fund infusions from the parent, if it happens or from other parties, can ensure this. After this, its a matter of SC approving govt.'s request to allow for deferred payments. This will dramatically improve cash-flows in the near-term allow for thriving from a struggle for survival.

Disc: Invested

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