SNSN schreef op 17 oktober 2016 16:00:
[...]
First of all, that's just not true --> take a look at the figures (read old Sept posts)
Second, a number of (big) eu-telcos started decline much earlier, for instance: 'telenet' & 'tefonika' --> since Aug-Sep 2015; 'dte' & 'fte' --> since Dec 2015. While the 'kpn'-stock actually declined just since last Apr-May.
By the way, the eu-telcos declined earlier, started 'recovery' just last Aug....
And, of course, in addition to 'sector-systemic-drivers' there are also 'specific-stock-drivers'. Though all drivers have also their own 'timing' (as for kpn, its lt/mt-drivers are different from aex --> see last week posts on low 'beta' for kpn).