Telecom Plus Share Discussion Threads

[nakedmolerat] 20/10/2023 12:58

quite glad the stop worked :|

this under all moving averages, ftse 250 down today as well

[nakedmolerat] 18/10/2023 13:59

my long in profit was taken out today

[thebeast1] 11/10/2023 15:16

Can't understand what is so negative for this drop. Seems fairly cheap considering the all time high.

[nakedmolerat] 11/10/2023 14:26

market liked this morning, but not this afternoon

[lennonsalive] 11/10/2023 11:47

Charles did well to sell. 50 million at £24 per share

[disc0dave46] 04/10/2023 13:43

Trading update this week?

[nakedmolerat] 03/10/2023 08:29

if all supplies were offering around the same with the recent energy issues, then TEP would have lower churn and afterwards it has some offers, then surly this most be good for growth. also with all the tiddlers who went to wall because they offered lowest in the market, most be good for TEP too?

[lennonsalive] 29/9/2023 07:10

I do still think growth could do with acceleration and I'm not sure if distribution model on it's own is the way forward

[lennonsalive] 29/9/2023 07:09

A positive trading update will it a boost. Uk market is just bad anyway and even debt free, cash generated companies are not doing well. Perhaps that is clouding TEP and if the market/investing improves in the uk it will be rise.

[lennonsalive] 26/9/2023 07:19

Problem is every event TEP comes up with a new idea for distributors to sign up customers. Which is fine for them to get a free holiday etc however it's not very dynamic to grow a customer base with this model

[lennonsalive] 26/9/2023 07:09

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.

[briggs1209] 26/9/2023 06:21

I couldn't see it there, got a link please?

[lennonsalive] 25/9/2023 15:30

A good post on LSE forum about TEP.

[lennonsalive] 15/9/2023 15:39

Octopus energy are kicking ass. They are buying shell energy arm, meaning lots of new customers. Tep needs to do something radical to keep up

[captainpanakin1] 13/9/2023 13:52

Because of supply deal with NPower and lower cost serve they are the cheapest variable tariff. This is driving customer number growth. This in turn is driving agent growth which will drive more customer growth. Customer numbers have been shooting up

[nakedmolerat] 13/9/2023 09:25

where is the growth? more services? more customers? less churn?

[snadgey] 12/9/2023 20:19

Company expects to double customers over 4-5 years.

[daisylove] 12/9/2023 13:26

There's been a few periods in recent years where it's run at around £15 for a while.
Profit massively up in Mar 23 vs Mar 22 but maybe this was all down to the energy price. Apart from that, the question to ask is whether there's any real growth from here.

[lennonsalive] 11/9/2023 08:00

Tep had their annual event at the weekend for distributors

[tole] 19/8/2023 12:57

https://citywire.com/funds-insider/news/rising-profits-and-a-5-yield-top-investors-bet-on-telecom-plus/a2423753

[lennonsalive] 18/8/2023 14:02

Waiting for £15 to see what happens next

[volsung] 17/8/2023 14:09

Bought a few
Solid stock

[salpara111] 04/8/2023 07:56

I was beginning to feel a little uncomfortable about the share price performance since the recent positive results so happy to see them reaffirm double digit revenue/profit growth.