Updates

Telecom Plus - Customer growth accelerates

November 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.

Telecom Plus has reported that Q2 saw an acceleration in the rate of new customers added (+20,536, vs +13,372 in Q1) and new services taken (+101,447, vs +64,267 in Q1). This takes the total customer base to 494,940 and with 55% of all customers taking at least four core services it seems certain that Telecom Plus has now hit, or is very close to hitting, the number of meter points in relation to its electricity agreement with nPower (see June 2013 issue). That reduces energy buying prices and should give margins a useful kick.The rate of new distributors has stepped up from 1,200 per month in Q1 to 1,700 in Q2, helped by a successful promotion in August.N+1 Singer forecasts eps of 44.4p for the current year to end March an ...

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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 - Gains £3.50 on the month (December 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)

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