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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus - New HQ to house 1m customers

March 2012

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:
  • 648p
In spite of (until recently) a mild winter and lower gas prices, Telecom Plus announced that full year profits will “marginally exceed” expectations. This was helped by Q3 results  showing an 11% rise in customers year-on-year while the number of services accelerated 17%, with 50% of new customers taking at least four and this bodes well for reduced churn in the future. Meanwhile with recent seminars attracting record attendances and new distributor recruitment running at high levels, the outlook is clearly strong. Interestingly, Telecom Plus has also acquired a new head office for £6.6m (plus future fit-out costs of £10m), which will be able to handle 1 million customers, nearly 1.5 times the current ...

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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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