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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus

August 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:
  • 1126p
Final results don’t appear to provide the catalyst for a meaningful recovery, with pretax profit rising 2% to £54.3m. Customer numbers increased by 0.5% to 610,739 implying a small reduction in H2 (minus 0.3%) as the rate of switching increased. The number of services increased 2.3% to 2,340,719. Eps increased 3.4% to 55.3p.To recap, the group sells multiple utility services, which include broadband, mobile, gas, electricity, home phone, insurance and boiler care, with customers getting benefits by taking four or more. Telecom Plus is a low cost operator because it doesn’t supply its own energy infrastructure thanks to a long-term energy supply agreement with nPower and instead of having a sales force,  it us ...

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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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