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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus - 22,000 net new services in Q4

May 2008

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:
  • 269p
Telecom Plus has announced a strong fourth quarter trading update with over 22,000 net new services added in the final three months to 31 March, compared to just 16,000 added in Q3 and represents an annualised rate of growth of over 15%. The company also noted that for the year ended 31 March it remains on target to achieve record pretax profit of not less than £16.5m, compared to £11.5m in 2007. Results are expected on 22 May.  The shares are likely to move higher still as the year progresses. Keep buying. ...

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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.

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