David Fuller's view China Mobile (monthly, weekly & daily) has been the most disappointing of my purchases this year, not least because of Vodafone's sale of its large holding. That may not have prevented base formation completion but it certainly delayed it. Today, the share looks oversold after testing lateral trading near HKD76 and a close beneath this level would be required to delay recovery scope. I bought too soon but with a yield of 3.72% plus a current and forward PER near 11.25, in a growth market, China Mobile looks like good value to me.