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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus - Growth in customers and gas prices likely to trigger further upgrades

May 2011

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:
  • 481p
In its fourth quarter update utility reseller Telecom Plus noted a continuation of the recent positive trends referred to in its IMS on 14 February. Highlights include high level of demand from customers for the new mobile tariffs introduced three months ago as well as the recent increase in the number of new distributors joining the business in response to the introduction of a new promotional period.With UK gas prices for this winter still trading at historically high levels, the prospects for further eps forecast upgrades look excellent. On a prospective PE of 15.7, based on Brewin Dolphin's forecast of 30.7p, the shares are still a buy. ...

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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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