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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Telecom Plus

January 2018

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.

  • Epic Code:
  • TEP
  • Price:
  • 1184p
It seems a life time ago the shares stood at their high of £19 (in early 2014) but there are signs of a potential re-rating in the offing. Interim results themselves from the “virtual” re-seller of gas, electricity, mobile, fixed line and broadband services were slightly ahead of expectations with pretax profit and eps rising 6% to £25.7m (forecast: £24.8m) and 26p, helped by a 1.5% rise in customers and 4% increase in services taken. Gross margin improved 1.4% to 22.5% due to changing mix and higher pricing for energy and telephony.The quality of its customer base is improving, with those taking energy, phone/broadband and mobile services - premium 'Double Gold' members - increasing from 17.8% ...

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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