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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus

November 2013

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:
  • 1396p
The shares spiked to over £14 after utilities re-seller Telecom Plus revealed another surge in growth. For Q2 customer numbers rose by 20,536 and services taken by 101,447, representing annualised growth rates of 17% and 24% respectively. Encouragingly, the number of new residential customers taking at least four core services has remained high, taking its installed base of gold club members to 42.1%. Peel Hunt has left this year's forecasts (year to March '14 eps: 44.9p) unchanged but 2015 numbers have been raised from 52p to 54.3p. Originally tipped at 153p in May '07 the shares have gained 812%. Part profits should have been taken by now but given the strong momentum the rest are worth ...

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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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