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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus - Take some profit off the table

September 2013

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:
  • 1360p
Shares in utilities re-seller, Telecom Plus registered a new high of 1410p thanks to a strong Q1 performance to end June. Customer numbers increased 12% year-on-year to 474,404 (30 June 2012: 426,406) and number of services rose 17% to 1,666,327 (30 June 2012: 1,434,339). The quality of new customers is strong with 55% signing up to at least four services. Encouragingly the group has also had a strong start to Q2 thanks to a promotion offering free membership of its Discount Club for those customers joining in July. Adding to the optimism is a new online application process that will make it easier to sign up new customers as well as enabling a more active “refer a friend†process. Eventually the growth in services shoul ...

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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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