Telecom Plus Share Discussion Threads

[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.

[tradingsun1] 21/11/2023 09:39

Spiking down to clear out the weak hands ....

[checkers2] 21/11/2023 09:12

New insurance business looks very interesting, with only around 10% of customers taking this product, so significant cross selling oppportunities to existing customers and next year they will have their re-insurance license.

Does anyone have any good research notes that is publically available on forecast growth?

[davie6] 21/11/2023 08:50

Shares down ? Wtf

[izztre] 21/11/2023 08:31

Update looks strong. Thought there would have been more of a positive reaction

[plasybryn] 21/11/2023 07:26

Interims. Looking strong. Dividend for xmas

[peddlers] 24/10/2023 12:20

Yes indeed.
Good solid company.
No advertising costs to speak of.

P.

[cleaver2] 24/10/2023 10:49

Correct it is the other services on offer and not energy which are more profitable

[peddlers] 23/10/2023 12:19

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.