image

The best stocks to buy since 1993

Latest issue now available

Telecom Plus - To launch Sky-broadband-plus utility service

December 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • TEP
  • Price:
  • 428p
Telecom Plus has returned to form with strong H1 results to 30 September. Pretax profit was up 45% to £8.5m on revenues up 18% to £147m. Eps went up 49% to 9.4p. Overall, then, not quite returning to the high watermark it recorded in H109 when the energy prices last peaked but clearly looking like it will blister past that this year. The factors supporting the growth were many-fold. There was an increase in the size of its customer base (roughly 600 net new customers per month to 357,300); an increase in the average number of services being provided to them (3.38 vs 3.13); and a reduced churn. Glaringly, these barnstorming results were also following a single digit REDUCTION in energy prices during the period. That means the bes ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe