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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus

August 2017

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:
  • 1120p
Utility re-seller Telecom Plus announced results with pretax profit up 9.1% to £53.3m and eps up 7% to 53.3p. There was a 4% hike in the dividend to 48p, while it’s also returning £70m to shareholders, following the sale of its 20% stake in Opus, by way of a tender offer.One of the rows of the general election was the Prime Minister’s announcement of an energy price cap but Telecom Plus noted that "…our wholesale arrangements and retail pricing structure will help to shelter us from the impact of the proposed price cap, compared with other major suppliers. In the meantime, we expect to continue growing our customer base with a target increase of 5-10% in the number of services we supply.In ...

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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

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