Telecom Plus Share Discussion Threads

[texaspete2] 02/2/2024 17:48

Agree, I got stopped out of most of my position today. Strange thing is last Outlook statement was quite positive. I've learnt that charts don't lie though!

[nakedmolerat] 02/2/2024 14:00

the chart is not good for TEP, under all MAs and next step 1000p?

thoughts?

[izztre] 31/1/2024 11:53

Cannot understand recent share price action here. Nov update was so strong and I appreciate mild weather but even so!

[superadams] 30/1/2024 13:18

Mild weather and falling energy prices aren't helping.

[kirkie001] 30/1/2024 09:49

Somewhat strange price action (down 8%) yesterday on no apparent news?
Was there a broker downgrade or something? No other similar sectoral moves that I can see?

[lennonsalive] 30/1/2024 08:07

Tep also putting up cash back card to £3 a month. So they are on a cost saving mission too. I don't have a card with them as my work do a card with the same retailers and no charge!

[texaspete2] 29/1/2024 22:18

Yeah odd, no other fallers in the industry either. Volume wasn't huge today which is good, hopefully just a retrace to support on the chart

[bathcoup] 29/1/2024 21:29

Down 96p (-6.25%)
Something not quite right but couldn't find anything.

[lennonsalive] 09/1/2024 21:32

I joined UW one month when they offered me free bill protection insurance for life. However just received this email today To date, you have been receiving this cover free of charge. Unfortunately, we're no longer able to provide this cover for free, and so the insurance will be chargeable at a total cost of £5.50 per month from 1st April 2024.

[nakedmolerat] 11/12/2023 10:57

from the simply wall st.

REWARDS
Trading at 33.1% below our estimate of its fair value
Earnings are forecast to grow 11.26% per year
Earnings grew by 49.8% over the past year

RISK ANALYSIS
Dividend of 5.37% is not well covered by earnings or cash flows
High level of non-cash earnings
Profit margins (2.4%) are lower than last year (3.9%)

i like tep, but even the buybacks arent helping here.

[spudders] 04/12/2023 10:58

hxxps://simplywall.st/stocks/gb/utilities/lse-tep/telecom-plus-shares?blueprint=2770537&utm_medium=finance_user&utm_campaign=cta&;utm_source=apple

[montynj] 03/12/2023 19:32

I've looked at simply wall st and can't find any articles...can u send link

[spudders] 01/12/2023 13:57

Lth since 2009, interesting piece on Simplywall St if you have access, might explain why we’re in doldrums. Atb

[xamf] 01/12/2023 07:59

I agree Bathcoup. I bought in towards the end as the drop just looked overdone on ex div (more luck than judgement at the time as I hadn't fully researched the stock). Further investigation and TEP appears to have solid fundamentals with good growth. I can only assume the reason for the pull back has been over concerns of increasing bad debt provision. However net profit & ROCE have pretty much doubled from 2018 and I think/hope the pullback is unjustified - mental note just not to hold the stock on ex div!

Looking for a quick day trade but will invest for a longer term once we get a clearer signal that the persistant downtrend has broken. I fear the downward momentum here may remain a bigger driver than fundamentals over the next few days..

[bathcoup] 30/11/2023 18:04

Against 108p share price drop, 36p dividend on the way isn't much comfort.

[disc0dave46] 30/11/2023 15:37

An interim dividend of 36.0p per share will be paid on 15 December 2023 to shareholders on the register at close of business on 1 December 2023.

[xamf] 30/11/2023 15:04

Sandbank - I can only see the 36p dividend ex today. The previous ex div date was 20th July (paid in August). I can't see another ex div date due. Please do correct me if I'm wrong.

[peddlers] 30/11/2023 14:03

Sand - Do you still have cats?

[sandbank] 30/11/2023 12:58

Yes - Correct me if I am wrong, but I think today TEP went ex-dividend in respect of TWO interim dividends.
One was the interim for the year up to 31/3/2023 (34p) which will be paid to shareholders on 16/12/2023. The other one was the interim for the year ending 31/3/2024 (36p) which will be paid to shareholders on 15/12/2023.

[peddlers] 30/11/2023 11:56

It certainly is.
Lovely yield

[lennonsalive] 30/11/2023 11:55

Ex dividend

[smcni1968] 21/11/2023 15:46

Down on the co-CEO leaving

[peddlers] 21/11/2023 15:32

Holding firm.

[peddlers] 21/11/2023 15:31

Holding firm.