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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Telecom Plus Plc | TEP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -24.00 | -1.41% | 1,684.00 | 15:59:53 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,742.00 | 1,666.00 | 1,742.00 | 1,708.00 |
| Industry Sector |
|---|
| FIXED LINE TELECOMMUNICATIONS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 26/11/2024 | Interim | GBP | 0.37 | 05/12/2024 | 06/12/2024 | 20/12/2024 |
| 18/06/2024 | Final | GBP | 0.47 | 01/08/2024 | 02/08/2024 | 23/08/2024 |
| 21/11/2023 | Interim | GBP | 0.36 | 30/11/2023 | 01/12/2023 | 15/12/2023 |
| 27/06/2023 | Final | GBP | 0.46 | 20/07/2023 | 21/07/2023 | 11/08/2023 |
| 22/11/2022 | Interim | GBP | 0.34 | 01/12/2022 | 02/12/2022 | 16/12/2022 |
| 21/06/2022 | Final | GBP | 0.3 | 14/07/2022 | 15/07/2022 | 05/08/2022 |
| 23/11/2021 | Interim | GBP | 0.27 | 02/12/2021 | 03/12/2021 | 17/12/2021 |
| 18/06/2021 | Final | GBP | 0.3 | 08/07/2021 | 09/07/2021 | 30/07/2021 |
| 17/11/2020 | Interim | GBP | 0.27 | 26/11/2020 | 27/11/2020 | 11/12/2020 |
| 21/04/2020 | Final | GBP | 0.3 | 09/07/2020 | 10/07/2020 | 31/07/2020 |
| Top Posts |
|---|
Posted at 28/11/2024 15:50 by estienne I bought them at £7.50 giving a dividend of 12.5% |
Posted at 26/11/2024 09:01 by kirkie001 Nice near 5% rise on the results this morning. My guess is that it's less on the growth potential (which seems steady, rather than stellar), and more on the rebased dividend policy - 80-90% of profits.This seems to indicate that their capital needs have topped out, so more coming back to shareholders - and a 5%+ dividend yield going forward at these prices. It does indeed look to have been a good shout to get in here at £17 a couple of weeks ago.. a nice little turn! |
Posted at 12/11/2024 09:08 by kirkie001 A new thread to discuss the prospects and merits (or otherwise) of Telecom Plus - trading as the Utility Warehouse, it provides a one-stop shop for utilities, power, and broadband / connectivity.Interim results are scheduled for 26 November, and there was a decent sized tick up yesterday - possibly the beginnings of some momentum into what are expected to be fairly positive numbers. TEP has been a beneficiary of the electricity / gas wholesale price rises since the beginning of the Ukraine war, and has had a step change (up) in customer numbers as a result - hopefully they are fairly "sticky" and this flows through into the financial results on a sustainable basis. Customer numbers to 30 September 24 already announced as up by 67k, to 1.08m households served. Current yield (at dividends per share of 83p in total last year) is 4.75%; trailing P/E of about 14. FY adjusted pre-tax profit guidance is (currently) between £124 and £128m. |
Posted at 29/10/2024 08:03 by lennonsalive This has been stuck in a range since May, no doubt the current labour budget talk is holding down TEP like most others |
Posted at 28/10/2024 08:26 by lennonsalive Good Energy takeover offer. TEP seriously undervalued and I think would be one that could be bid for |
Posted at 15/9/2024 05:32 by undervaluedassets Well, this has now entered extreme value territory.Profits, earnings, divi and customer numbers leapt at the last results but the shares have drifted down. (The algorithm selling is my take on this) The company is guiding for more growth to come "Our current rate of growth places us firmly on track to double the size of the business to two million customers over the medium term, whilst continuing to grow profits and shareholder returns." Cold autumn presages a cold winter. As a stock has great defensive qualities ... forward pe of 14 set to be lowest ever. In my view .. this will be found.. the value proposition is too extreme for it not to be found by investors One other thing of note.. in the background this is a tech company disguised in Utility company clothing. TEP will be using AI to make decisions on all its pricing and metrics nuff said |
Posted at 18/3/2024 09:49 by robow Investec starts TEP coverage with a Buy rating and TP of 21.97 |
Posted at 02/2/2024 14:00 by nakedmolerat the chart is not good for TEP, under all MAs and next step 1000p?thoughts? |
Posted at 30/11/2023 12:58 by sandbank 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. |
Posted at 26/9/2023 07:09 by lennonsalive This one RE: How much lower ?12 Jun 2023 22:43Given the number of customers TEP picked up from the demise of other utility companies over the last couple of years and the opportunities to cross-sell other, higher-margin services I think TEP is following its long-term trend of rising lows. It fell c40% over approximately 18 months from its Nov 2013 peak before starting its long road to recovery and has thus far fallen c41% from its Nov 2023 peak over a period of approximately seven months. As it currently stands, TEP might indeed fall further. 1200p is, perhaps, a possibility but I think 1000p is probably is unlikely; it will really depend on whether TEP starts to lose customers if, and when, the utility market regularises. Historically TEP has seen fairly low customer churn but a lot of its newer customers, unlike its older ex-British Gas customers, are probably more likely to switch to find the best deals (if TEP doesn't remain competitive). Against which, you've got to factor in that they've likely picked up a lot more active distributors in the last 12 months, as people start looking for opportunities to make some additional income, and that may give rise to new, additional customers to help counter other outflows. As it stands, I think the yield is still too low (suggesting that the share price has further to drop) and there have to be question marks over whether TEP can continue to sustain the current projected 80p dividend, if starts to see (large) net customer outflows. Personally I think TEP would have been better advised to propose a modest increase in its previous ordinary dividend and proposed an additional special dividend top-up until the utility market had settled. You don't get slaughtered for cutting or stopping a special dividend and if TEP now pays part of its target 80p dividend as a special dividend then that could have a further adverse impact on the share price because there's now an expectation of a recurring 80p ordinary dividend. The next couple of half yearly results are going to be interesting. |
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