Updates

Telecom Plus - Gains £3.50 on the month

December 2013

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.

The shares shot ahead by £3.50 to touch £19. The interims themselves and customer numbers were in line with Novembers update (with a pretax profit up 10% to £13.7m, eps up 11% to 15.5p and the dividend of 16p, up 23%) but what excited investors was an acquisition and associated share placing. The acquisition is slightly unusual inasmuch as Telecom Plus is effectively paying £218m for reworking its existing supply agreement with Npower. The original agreement entered into in 2006 meant Npower has until now owned the energy customers being managed by Telecom Plus under a services agreement. Telecom Plus is now formally taking ownership of these customers which therefore makes it one of the UKs largest energy suppliers. Te ...

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Quindell Portfolio - Moving to Full List in March

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Telecom Plus - Guiding at 30-40,000 new customers this year (July 2015)

Telecom Plus (May 2015)

Telecom Plus (December 2014)

Telecom Plus (June 2014)

Telecom Plus - Record rise in customer numbers (March 2014)

Telecom Plus - Customer growth accelerates (November 2013)

Telecom Plus - Npower ratchet set to transform margins (June 2013)

Telecom Plus (December 2012)

Telecom Plus - Significant increase in dividend (November 2012)

Telecom Plus - A solid rock in the portfolio (June 2012)

Telecom Plus - Trading "marginally ahead" (March 2012)

Telecom Plus - Mercuriel rise continues (December 2011)

Telecom Plus - Contender for FTSE-250 inclusion (June 2011)

Telecom Plus - Strong organic growth continues (March 2011)

Telecom Plus - To launch Sky-broadband-plus utility service (December 2010)

Telecom Plus - Growth in higher quality lower churn customers should lift margins (November 2010)

Telecom Plus - Watch the cash pile grow this year (September 2010)

Telecom Plus (June 2009)

Telecom Plus - New customers 28% over broker forecast (March 2009)

Telecom Plus - Shares close to 52 week high (December 2008)

Telecom Plus - Beating expectations (October 2008)

Telecom Plus (August 2008)

Telecom Plus (June 2008)

Telecom Plus - Q4 well ahead of Q3 (April 2008)

Telecom Plus - Benefits from inbound sales team and higher energy prices (March 2008)

Telecom Plus - Massive upgrade to forecasts (January 2008)

Telecom Plus - Persistent buyer in the market (September 2007)

Telecom Plus - Results 13 December (November 2006)

Telecom Plus - Squarely in the SME market (July 2002)

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.

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