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TEP Telecom Plus Plc

1,694.00
24.00 (1.44%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Telecom Plus Investors - TEP

Telecom Plus Investors - TEP

Share Name Share Symbol Market Stock Type
Telecom Plus Plc TEP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
24.00 1.44% 1,694.00 16:35:20
Open Price Low Price High Price Close Price Previous Close
1,634.00 1,634.00 1,692.00 1,694.00 1,670.00
more quote information »
Industry Sector
FIXED LINE TELECOMMUNICATIONS

Top Investor Posts

Top Posts
Posted at 23/10/2023 13:19 by peddlers
I'm holding firm.
Might add more on general market weakness.

TEP are comfortably on track to "double the size of our high quality base.
There's a general feeling in this sector if energy costs drop then revenue may be affected but TEP business model offers so much more than just energy.
I suspect TEP will surge upwards as we head into the jolly season with investors seeking out good solid companies at bargain prices

P.
Posted at 19/8/2023 13:57 by tole
https://citywire.com/funds-insider/news/rising-profits-and-a-5-yield-top-investors-bet-on-telecom-plus/a2423753
Posted at 01/1/2022 17:59 by snadgey
Apologies rolo.
The figures are from Morningstar via Interactive Investor.

Figures are 2022, 2023
CFPS 79.80, 93.35
EPS 60.66, 67.89
DPS 57.00, 59.73

It'll be the first time in over 5 years that dividend cover will exceed 1.
Posted at 29/11/2021 15:06 by davidosh
Just to let shareholders and prospective investors know that Telecom Plus will be featured on the Mello Monday webinar event tonight at 5.30pm to 9:30pm. There will be over 400 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.



Monday 29th November 2021, 5.30pm – 9.30pm
Programme

5.30 pm Mello welcome
5.35 pm David Stredder interviews Rosemary Banyard, Fund Manager to VT Downing Unique Opportunities Fund
6.10 pm Company presentation by Headlam
6.50 pm Alan Charlton presents educational insights
7.05 pm Company presentation by K3 Capital
7.45 pm Steve Clapham is Behind the Balance Sheet and looking at The Hut Group
8.00 pm Company presentation by Kanabo
8.30 pm Mello BASH with Kevin Taylor, Damian Cannon and Chris Boxall
Posted at 26/11/2021 12:25 by calougra2000
#683 and a sell in the Investors Chronicle this week: based on good recovery from lows in 2020 but stormy seas ahead. I'm holding until significant price action. Good luck to all.
Posted at 18/10/2021 12:33 by taras73
Just tried to find out this from the company directly at least whether there is an intent to issue one but no luck. In fact there is no contact number in the investor relations. There is no future event posted there either. Perhaps all too busy snapping up new customers??
Posted at 23/11/2020 10:18 by energeticbacker
Given the group's 10-year average dividend growth rate of 10%, Investor's Champion think Telecom Plus's 3.9% yield remains attractive for income investors.

TEP remains in their Income Boosters portfolio.
Posted at 17/11/2020 10:15 by adrian j boris
Calum Muirhead

09:54 Tue 17 Nov 2020


Telecom Plus profits up despite pandemic disruption

The utility services group highlighted a “resilient performance” across all aspects of its business in the period, adding that a drop in customer numbers due to the UK’s lockdown in the spring has largely reversed by the end of September
Telecom Plus - Telecom Plus profits up despite pandemic disruption

Telecom Plus PLC (LON:TEP) shares rose on Tuesday after the utility services provider reported slightly higher profits in its half-year despite disruption from the coronavirus pandemic.

In its results for the six months to September 30, the FTSE 250 group reported an adjusted pre-tax profit of £27.7mln, up slightly from the £27.5mln last year and despite a 1% fall in revenue to £349mln due to lower energy prices. The interim dividend was also maintained at 27p per share.
READ: Telecom Plus hikes dividend as it posts record sales in final results

Telecom Plus highlighted a “resilient performance” across all aspects of its business in the period, adding that a drop in customer numbers due to the UK’s lockdown in the spring has largely reversed, with customer numbers down just 0.3% at 650,497 by the end of the period. Total services supplied in the half-year also rose by 15,004 to 2.04mln.

Looking ahead, the firm said it has seen a “strong start” to its second half, with a net increase in customer numbers of around 2,200 during October, more than offsetting the slight reduction in the first half.

Telecom also said that as a result of the “more challenging macro-economic background”, it was seeing record numbers of new partners joining the business, which it said is a “good lead-indicator to future levels of customer growth once the current social distancing restrictions are lifted”.

As a result, the company said it is “increasingly confident” in its previous guidance that full-=year adjusted pre-tax profits will be marginally below the record level for the previous year, however the range of outcomes remained wider than usual due to uncertainty around the scope and duration of lockdowns in the second half. Dividend guidance was also maintained at 57p per share for the full year.

"We delivered a resilient performance during the first half of the financial year, successfully adapting to the challenges created by [coronavirus]. Our competitive position improved following the reduction in the energy price cap from 1 October 2020, which has contributed to a recent marked uptick in Partner activity and a return to customer growth”, chief executive Andrew Lindsay said in a statement.

"Over the last seven weeks we have seen a significant increase in the number of new Partners joining the business; this is an encouraging lead-indicator for the rate of future customer growth over the coming months. We anticipate low single-digit percentage growth in customer and service numbers for the year to March, and look forward to delivering full-year adjusted profits in line with our previous guidance", he added.

In a note, analysts at house broker Peel Hunt retained their ‘buy’ rating and 1,450p target price, saying the half-year results were “as expected” and the company was on track to exceed their forecasts for the full year.

“We see increased optimism on potential growth given the economic environment, competitive positioning and operational gearing”, the broker said, adding that “medium-term profit opportunities” could add £30mln of profit by 2025.

Shares in Telecom Plus rose 2.4% to 1,398p in mid-morning trading.


The above has been published by Proactive Investors Limited
Posted at 28/11/2018 09:52 by robow
from yesterday's Daily Telegraph
Questor: it’s no Black Friday bargain, but hold on to Telecom Plus for income and grow

Questor rates Telecom Plus, which sells phone and energy deals through the Utility Warehouse brand, a buy

Telecom Plus sells phone and energy deals through the Utility Warehouse brand

Russ Mould

Questor share tip: a strong competitive position, healthy balance sheet and solid interim results suggest that investors should keep faith
It has been a gradual process but it does seem as if the market is finally coming around to this column’s way of thinking with regard to Telecom Plus, the multi-utility provider.

The shares have risen by some 10pc since our initial look almost two years ago, with a further 50p a share in dividends in the bank and the latest 25p interim due to be paid on Dec 14.

Three things speak loudly in favour of staying patient with the stock.

First, last week’s interims were very solid, with customer numbers, sales, profits and the dividend all increasing at a low-to-mid-single-digit rate

Second, the company’s competitive position remains strong. Rivals in the energy-supply market continue to falter – Extra Energy is the latest to go bust – as Ofgem, the regulator, continues to press to make it easier for customers to switch. And Telecom Plus’s 20-year power supply deal with Npower helps to shelter it from the sort of energy price swings that have tripped up some of the smaller players, as well as big ones such as SSE.

Finally, a healthy balance sheet and robust cash flow underpin a 4pc prospective yield.

The only real drawback is the earnings multiple, which at 22.3 for the year to March 2019 can hardly be described as a Black Friday-style bargain.

That rating might mean the stock is unlikely to gallop higher suddenly but the prospect of further customer wins and sales, profit and dividend increases means Telecom Plus looks capable of rewarding ongoing support.

Questor says: hold

Ticker: TEP

Share price at close: £13.28
Posted at 19/11/2017 16:36 by dogwalker
No. Could be ahead of results on Tuesday in which they make one of those special announcements of theirs ? ' Free light bulbs for any investor who buys shares off the company for £10, so that the company can then spend the money on something yet to be decided'.

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