Updates

Telecom Plus - Refreshed deal with E.ON provides opportunities

December 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

After rising more than £10 to a peak of £25 late last year before falling back to £14, shares in Telecom Plus, a low cost provider of utilities to private households, such as energy, phones and insurance, bounced sharply after it announced a strong first half FY’24 as the cost of living and energy crisis forces consumers to shop for better deals. It said it won an additional 62,500 households, equivalent to an annualised growth rate of 14% and “with 949,180 households now taking its services it’s comfortably on track to double the size of its base over the medium term.” Meanwhile, Telecom Plus has refreshed its relationship with long-term energy supplier E.ON, which should enable greater flexibility and innovation. Numis says the ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Hostelworld - Blow-out 43% bookings growth drives upgrades

Marstons

Telecom Plus - Broker has 3150p price target (August 2023)

Telecom Plus - I am following founder’s lead and selling half to crystallize fabulous gains of 1355% (January 2023)

Telecom Plus - Many rivals have gone bust, potentially easing competition (August 2020)

Telecom Plus (January 2020)

Telecom Plus (August 2019)

Telecom Plus (February 2019)

Telecom Plus (August 2018)

Telecom Plus (January 2018)

Telecom Plus (August 2017)

Telecom Plus - Signs of recovering markets (February 2017)

Telecom Plus - Conditions still tough (September 2016)

Telecom Plus - Shares bounce after results (August 2015)

Telecom Plus (June 2015)

Telecom Plus - Peel Hunt has Â£20 price target (January 2015)

Telecom Plus - Eps forecast to rise 49% in 2 years (September 2014)

Telecom Plus - Gain to date: 862% (July 2014)

Telecom Plus - Acquisition of two energy suppliers (January 2014)

Telecom Plus (November 2013)

Telecom Plus - Take some profit off the table (September 2013)

Telecom Plus - Customer churn hits record low (July 2013)

Telecom Plus - Shares closing in on Â£12 (May 2013)

Telecom Plus (February 2013)

Telecom Plus -Number of services rises 16% (November 2012)

Telecom Plus (September 2012)

Telecom Plus - Launch of YouView could accelerate profits and eps (August 2012)

Telecom Plus - Monthly customer churn reduced from a peak of 1.96% to just 1.32% (July 2012)

Telecom Plus - More customers taking at least four services (June 2012)

Telecom Plus - New HQ to house 1m customers (March 2012)

Telecom Plus - Shares hit Â£8 for first time (January 2012)

Telecom Plus (November 2011)

Telecom Plus - Organic growth expected to accelerate in coming months (August 2011)

Telecom Plus - FTSE-250 tracker funds could push shares towards Â£10 (July 2011)

Telecom Plus - Growth in customers and gas prices likely to trigger further upgrades (May 2011)

Telecom Plus - Higher energy prices trigger upgrades (April 2011)

Telecom Plus - Powerful eps growth now expected (January 2011)

Telecom Plus (November 2010)

Telecom Plus - 18% jump in services provided (September 2010)

Telecom Plus (July 2010)

Telecom Plus - Reconfirms 22p dividend (May 2010)

Telecom Plus (April 2010)

Telecom Plus - 22p dividend provides strong yield (January 2010)

Telecom Plus (November 2009)

Telecom Plus - Dividend to rise 25% to 22p (August 2009)

Telecom Plus - Growth in customers but forecasts lowered (June 2009)

Telecom Plus (May 2009)

Telcom Plus - Good growth in customer numbers (April 2009)

Telecom Plus - Take some profit (January 2009)

Telecom Plus - 15% upgrade to profit forecast (October 2008)

Telecom Plus - IMS triggers further eps upgrades (August 2008)

Telecom Plus - New Year NAP has nearly doubled (July 2008)

Telecom Plus - 22,000 net new services in Q4 (May 2008)

Telecom Plus - Pretax profit forecast upgraded from Â£14m to Â£16.7m (March 2008)

Telecom Plus - cash pile rises to Â£34m (October 2007)

Telecom Plus - Massive cash pile (July 2007)

Telecom Plus - Interim results beat expectations (February 2007)

Telecom Plus - Multi utility reseller returning (January 2007)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Telecom Plus - Refreshed deal with E.ON provides opportunities

December 2023

Related Articles