2945 days ago
Shares in Telecom Plus (TEP) are down 40p to 843p thanks to a downgrade of stance from buy to hold by Berenberg in the note below. The target price comes down from 1400p to 1000p so with upside at the start of the day of 14% surely that makes the shares cheap? Whatever. It seems an anodine note to me. I remain a bear as per Kevin Ashton's most awesome analysis HERE but you make up your own mind
3298 days ago
At the last minute free speech denying broker Charles Stanley, (Nomad to POS companies such as Tungsten and Coms) forced the world's top tech analyst Kevin Ashton not to speak at UK Investor. Luckily I have his notes sent to me earlier in the week and so here is why I think Telecom Plus (TEP) is such a stonking sell
3301 days ago
Not hungover and after my first full night's sleep since Saturday I am back with my normal balanced and tolerant view of the AIM casino. Where do I start? Horse Hill, the POS ValiRx, Foxtons, Premaitha, Plethora, Telecom Plus (expect real fireworks on that one from Kevin Ashton on Saturday), Northern Petroleum and China Norfolk Jiasen.
4022 days ago
Steve and I have called this one brilliantly. And the FTSE 250 stock has delivered the goods all the way along but at some point even a great company is overpriced and hence we chatted today and Steve Moore and I have agreed that it is tiime to move on and sell, banking hefty gains.
4045 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you his analysis of Telecom Plus. Steve writes...
I previously commented on FTSE 250 integrated supplier of utility services in the UK, Telecom Plus (TEP) in February – noting that I expected the company to continue driving earnings, cash generation and dividends forward in the coming years and that, at 980p, the patient, long-term investor should still earn a decent return from there. Following a trading statement today, the shares are currently 1030p and the following updates…
4066 days ago
Known as Britain’s Buffett, Nigel Wray is one of the UK’s most successful investors of the past three decades. I wrote last week about how he had sold £25 million shares in Domino’s Pizza (DOM) at 525p (share he paid 36p for). I am not sure that Wray was right to sell then but you cannot really argue with such a Master Investor. Wray’s only other holding in a FTSE 250 listed stock is Telecom Plus (TEP) – which, since my last article has published an in-line trading statement.
4095 days ago
Steve Moore and I worked together at t1ps.com ever since he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty websital but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you a piece he has published on Telecom PLus ( I agree with his conclusion, natch). Steve writes…
Telecom Plus (TEP), which trades as the Utility Warehouse and supplies a range of utility services (gas, electricity, fixed line telephony, mobile telephony and broadband internet) to both residential and business customers in the UK, has updated that a “continuing strong performance” means it remains “confident of reporting full year profits in line with current consensus market expectations”. The shares trade at 980p on the back of the announcement and are up from sub 300p on a three year view and from sub 650p on a one year view. With a market cap now of approaching £700 million, the following reviews whether there looks to remain value in the shares…
4118 days ago
Telecom Plus (TEP), now a FTSE-250 constituent, is a very successful past share tip from myself. I recommended the shares at a share price of 187.25p in January 2008 on t1ps.com, the site I founded in 2000 and ran until September when I left and set up the Nifty Fifty website. Prematurely, I banked gains at 691p in July 2011. The shares dipped below 600p that August but have since risen again, to currently trade at 975.5p, capitalising the company at more than £687 million. The following details my current view…
