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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus - Eps forecast to rise 49% in 2 years

September 2014

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:
  • 1390p
The share price may have been weak but this has absolutely no correlation with Telecom Plus’ superlative performance in its Q1. The utilities re-seller saw net customers grow 15.4% in Q1 to 547,378 (30 June ’13: 474,404) while the number of services grew by 56,574 to 1,963,734 (30 June ’13: 1,666,327). Meanwhile, a half-price joining offer for its distributors, which ran during April, attracted 2,500 distributors, taking the total to 46,602. Underlying cash flow remains strong with net debt expected to rise by £10m over the year to pay for refurbishing the head office.  One potential threat (tallying with the weak share price) is the Retail Market Review of the energy market, with proposed changes includi ...

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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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