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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus

February 2019

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:
  • 1512p
In our last update on telecoms and energy re-seller Telecom Plus (TMI August ’18; 1127p) we noted there “could be upside to forecasts if the energy price cap on standard variable tariffs works out as expected….because it is likely to lower the gap between SVT and teaser tariffs (for new customers) and thus discourage existing customers from switching to a competitor.”Since then the shares have soared a chunky 350p as investors have piled in ahead of the price cap while interim results for the six months ended 30th September showed an improvement in customer numbers although pretax profit and eps grew a modest 1.2% and 3.5% to £26.0m and 26.9p, respectively. Net debt increased from £11.2m to &pou ...

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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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