Telecomplus was voted 3rd fastest growing company in UK and 11th best share performer for 2002,,not bad for a Network Marketing company..Share price now at 220.50 and next resistance level at 230.00 In september we will have our yearly Express Day where new services will be launched as well as recognition for those exec's whom have contributed in thier efforts to make this company as successful as it is today.

Keep your eye on this thread as i will update as soon as new news is available..

Mark

For anyone whom wonders what T+ do go to this site for more info..

www.telecomplus.org.uk/choc

By the way the epic for this co. is tep and not tepl Thanks.

I have updated the thread with the correct EPIC.

J.

One of the directors bought 5000 shares yesterday which makes me wonder why just yet,yes the price fell a few points over the weekend but i think it will remain stable around 220 until september at Express Day...

Mark

Telecomplus plc up 9 points today does anyone know why??

UI+,

NoI wondered that, but clearly there must be a reason, as no RNS has been issued.

You never know, they may have something up their sleever for Expressday!

Telecomplus has now brocken the 230 barrier so watch this share go!!!Any thoughts you share dealing wizards you!!!

So none of you are share dealing wizards!!!Dont anyone apart from Andy and myself know anything about this company? By the way the share price has just brocken 2.41,not bad in the telco's sector!!!

Up 13% already this morning!!!This share could be 5 very soon..

Telecomplus rose 13% yesterday and are now at 271.50 We have our yearly express day in september and we are launching new services so share price could be 3 very soon!!!

Keep your eye on this share today!!!

T+ up again today to end the week at 279.50,,any ideas folks??

U+,

Well, what a week that was!

It really makes you wonder when TEP will stop rising?
I was comments such as "the P/E is too high" when it was at half the price, so not sure where we stand now.

My guess is that TEP will keep on rising until Express Day, in the expectation of some good news beig announced.

And I wouldn't count against it either!

Telecomplus gains again now @ 292..Something big is brewing so keep an eye on this one folks..My own personel free share options are already 3,500 in profit so i am eager to know what will happen after Express Day in september..

Mark

Down to 275,should rise after express day..

Up to 234 today,,did anyone take a look at this tip i gave you,does anyone know anything about this company???

you mean 334 don't you utilitiesplus. T P will be 4.50 by Xmas.

I agree and thank you for noticing my mistake..

Mark

Telecomplus on the up again this week, new customer figures and distributor sign ups should bring lots more growth this year..Any thoughts anyone?

Well were up again,today at 3.32p Is there anyone at all interested in this share??? One of the best on the market but very little to be said from you lot!!!

Well Utilitiesplus I see it as a fantastic growth company and a long term hold.

You might be interested to see this lifted from Robbie Burns site the Frequenttrader.........................

Star of the day though is Telecom Plus which is soaring higher as I write. It looks like it is going to break through previous highs soon on its way to 350p.

An interesting e-mail regarding the head man at Telecom Plus, Sir Charles Widoger from a reader. He spotted Sir Charles has set up directorships in dormant companies including Credit Card Plus, Petrol Plus, Car Plus, Air Plus, Water Plus, Insurance Plus among many others.

This is interesting as it shows where the company could be heading in the future - I can see credit cards and water provision, car rental looks possible and house insurance but I'm not sure how he is going to sell air!

He is a great businessman and it looks like he is going to try and supply everything you'd normally pay for at home. Now imagine what all these services to come will do to the company's share price.. on top of that, those becoming distributors now could find they are getting in at an excellent time! ENDS.


Very interesting indeed and shows just how much growth the CEO could get out of this gem of a company. Think I will add now.
cheers.

GF.

ttt

Yes ive already seen this info of Robbie as he is a distributor like myself..I never see it mentioned within this forum and wondered why not given the fact that this is an exellent share to have in your portfolio!!

Mark

was tipped this at 80p a few years ago.

As per little womans observations. Sorry guys, didnt mean to steal any bodys thunder.

Well if this isnt forward thinking and first class management I dont know what is. Just look at this statement taken from Robbie Burns site The Frequentttrader, posted late last week..............

Star of the day though is Telecom Plus which is soaring higher as I write. It looks like it is going to break through previous highs soon on its way to 350p.

An interesting e-mail regarding the head man at Telecom Plus, Sir Charles Widoger from a reader. He spotted Sir Charles has set up directorships in dormant companies including Credit Card Plus, Petrol Plus, Car Plus, Air Plus, Water Plus, Insurance Plus among many others.

This is interesting as it shows where the company could be heading in the future - I can see credit cards and water provision, car rental looks possible and house insurance but I'm not sure how he is going to sell air!

He is a great businessman and it looks like he is going to try and supply everything you'd normally pay for at home. Now imagine what all these services to come will do to the company's share price.. on top of that, those becoming distributors now could find they are getting in at an excellent time!ENDS.

Well we can see from this which way the company is going and for those of you who think it might be too late to get in think again, heres the last trading update from the company and dont forget just over 20 days to results, which should show the Forward P/E to be very underdemanding indeed..........

Telecom Plus PLC
17 September 2003

Telecom plus plc (the 'Company')


The Company is pleased to report that following the strong organic growth in
customer numbers reported at the AGM on 8 July for the first three months of
the year, the Company's profitability has been substantially ahead of budget for
the period ending 31 August. The Board now believe that the financial
performance for the year ending 31 March 2004 will be significantly ahead of
current market expectations.

After the announcement of our figures for the 1st half of the current financial
year which are expected on 28 November, it is the directors intention to pay an
interim dividend of 4.5p (2003: 2.5p), an increase of 80% compared with the
same period last year.


17 September 2003


This information is provided by RNS
The company news service from the London Stock ExchangeENDS.

Things are looking very bright indeed for this company and I have added substanially to my holding this morning. A growth company with far far more growth to come. The growth story has just begun.

Please DYOR. You are responsible for your own buying and selling actions.

TA of the very highest order.




Buy Candidate (Medium term) - Oct 31, 2003
Has risen 249% since the bottom on 11 Apr 2002 at 93.50. Is within a rising trend, which indicates a continued growth. The stock has support at p 170.

Period Vol.bal. Volatility Liquidity +/- %
1 day - 1.78% 13.09 +0.93%
5 days 3.10 6.51% 26.12 +7.76%
22 days 26.83 18.84% 26.61 +5.15%
66 days -3.22 37.07% 50.38 +50.11%

GF.

utilitiesplus - 03 Nov'03 - 12:58 - 2 of 2


Well done Goldfinger,,i couldnt have put that better myself and ive been with this company for 4 years now..It is never too late to get in and the changes over the last 4 years have been unbelievable,,cant wait to see what the furture holds>>

Mark

All back on one thread now, lets give its some hump.

GF.

ps, dont know how to get rid of the title????? on the other thread ,any help appreciated.

Goldfinger,,one thing i can tell and everyone else is that Charles Widegor our C.E.O is not interested where he places on this top 500 earners as money is not his motivation,,being on the ftse top100 is!!!He will take T+ there and we are hanging on for the ride!! These shares should be 4+ around x-mas..

Mark

Great stuff UT, thats what Ilike to hear. Like I said lets give it some pasty mate.

cheers gf.

A recent article on the company, just shows how fudamentaly strong this company is.

Shares For A Bull Run 21/10/2003

Market Comment

By Maynard Paton




These days, every man and his brother is a 'value' investor. No surprise really, since the bear market has unmasked numerous 'growth' share charlatans. Plodding smokestack businesses with their reliable dividends are now the way forward. Or are they?


Trouble is, us punters too often invest through the rear-view mirror. The time for high dividend shares was 1999 -- prior to the bear -- not 2003. So, looking forward to the emergence of a new bull market, surely now must be the time to return to growth shares.


As noted before, tomorrow's bull market leaders will be small, growing companies that are too young and too obscure to have upset a crowd of investors during the previous market downturn. With no history of disappointment to hold them back, investors will soon appreciate these new stock market 'stories', especially if a castle in the air can be constructed.


With that in mind, Telecom Plus could well be a future bull market champ. Floated in July 2000 at 200p, its shares now trade at 325p -- somewhat amazing given the company's activity: supplying telephony services to small and medium-sized businesses. Today, Telecom Plus said its full-year profits would be 'significantly ahead of expectations'. What were those expectations? Earnings growth of 25% this year and 35% next.


Corin should also do well in a bull run. It develops and manufactures a wide range of reconstructive orthopaedic devices and floated at 111p during May 2002. Corin's latest annual results showed sales up 23%, profits up 62% and operating margins of 18%. With 'considerable' opportunities for 2003, brokers anticipate profit growth of 44% this year and 24% in 2004.


Finally, Sondex (LSE: SDX.L - news) is another growth business without bear market baggage. Having floated at 100p just three months ago though, the developer of oil well inspection devices has yet to publish any results in listed form. Still, over the past four years, operating margins of 27%-plus have been recorded, while sales and profits have experienced average annual growth of about 25%. 'Increasing demand' and lower interest payments are set to boost this year's earnings per share by 170%. Growth of 19% is expected in 2004.


gf.

It just gets better and better!!I have free share options from this company just for getting customers,they are worth a fortune now..The one thing that strikes me is the talk i hear of these shares reaching 10+ in the not to distant future,crazy,do you think this could happen??

Mark

UP, certainly do. The biggest mistake a lot of investors make is not letting profits run. This company could easily double and more.

GF.

Notice out today that our results will be provided on 28 November!! Let me tell you they are ahead of expectations..

Mark

Up and down like a bloody yo yo last couple of days. GD i see you mention Jim Slater, is he a wizard in this game then?? I note both Jim Slater and Nigel Wray are major share holders in Telecomplus,what does that tell us??

Mark

On the rise again. great stuff.

GF.

TEP up today to 3.42 keep your eye on this folks!! GD why do you think its up so much today,its the highest ive seen it jump in one day?

Mark

UT, they've heard you and me are in it. No seriously I just think that investors have come out to play after the interest rate fears and a lot would have had ever increasing 'watch lists' especially in this ones case after the news about the ceo buying up other utility type companies on the cheap.

Top bombing. Should go on now from here.

cheers gf.

Up 15 points today and finished at 338.50p.Yes your right our ceo is buying everything he can get his hands on..Air Plus sounds interesting,havent got a clue what that could be.His goal is to supply every thing that consumers use on a day to day basis,air plus could be for the baldies!!!

Mark

Air plus yes Mark, I think youve called that one right lol.

Looking forward to a good run up to xmas and firstly the results.

cheers gf.

Moving up again on light volume. What a solid company this one is.

GF.

Just logged on GF, up 7 as i speak,wow, what for??

Mark

Results due soon. Ive just tipped it on sharecrazy aswell so it might go even further, hoping.

cheers GF.

Heres something from iii from an investor,dont know what to make of it..

Under 'normal' benign market conditions I usually note maximums for both buying and selling TEP of around 5000 each. Currently the maximum Buy is a paltry 500 shares whereas the maximum sell is ...... wait for it ..... 25,0000 shares.

The MM's want your shares to sell to others. They'll pay a bit more yet __ in fact make that a lot more. All aboard for the Great Ride North? Yes sireee.


Mark

Well knocking on the door of 3.50 today,after results i can easily see 4 before x-mas!! GF, do you think because this is a little company no-one seems to know anything about this share?? Or do people on this bb just not want to talk about it??

Mark

Tell you what Mark they will be talking about it when it goes through 350. Hardly any analysts cover it - crazy. Must be its business model. Everybody thinks its just a small telecolm play similar to say thus or colt, nothing could be further from the truth.

This company in time will cater for all utilities /home services so what you really have is a mixture of a bull and a bear share, great as it goes up in both market conditions.

cheers GF.

Think Ive found out what the Air thingy is about, Air Purification Units for the home, a developing home must have item, with a lot of people with allergies and asthma.

Anyway taken this note from Robbie Burns Frequenttrader site tonight, hes just back of holiday............

What an amazing share Telecom Plus has been - it's been reaching new all-time highs while I've been away but there is loads more to come although of course there will be dips and profit-taking on the way - it's now creeping ever closer towards the FTSE 250!ENDS.

Just getting into the FTSE 250 will propel the share forward with all the new funds being in a position to BUY it.

Im very bullish on this one.

cheers gf.

With me not being a trader wizard what does your quote mean,(im very bullish on this one)???

Mark

Mark, it means in a nutshell that I am very confident it will rise further. If I was to say Bearish that would be exactly the opposite. I really should have put long term bullish. Anyway heres Robbie Burns comment on Telecolm plus today.........

Interesting to read the BT statement. The way I read it is it's saying it can't compete that well with companies like Telecom Plus and Thus taking business away so it is simply going to increase dividends and become an income stock rather than a growth stock.

I'm not surprised to see Telecom Plus higher after the BT announcement - it looks like BT is not going to get much more competitive on pricing which can only help TP.

cheers GF.

We knew this would happen,BT cannot sustain competitive prices compared to T+, the way we trade cuts costs massively!! It is good news but i will be happier when the rest of the joe bloggs realise this fact..

Mark

How can a share differ so much with very little trades active this morning??

Very rarely goes on natural supply and demand UP. The market makers get uo to all sorts of tricks to pull in the punters.

cheers GF.

Help To Save Money On Bills.

129 words
Somerset Guardian
35
English
(c) 2003 Somerset Guardian

Michael Rhodes, organiser of the Frome Ideas Fair, has launched a service offering a way to save money on household bills.

Mr Rhodes and his wife Kay are independent distributors for Telepounds.com Plus PLC.

Subscribers receive one itemised bill covering their charges for telephone, mobile, gas, electricity and internet charges, rather than getting each bill separately.

Mr Rhodes said: "Many people are paying more than they need, and we introduce them to a service that can save them significant amounts of money, and in some case hundreds of pounds. We then help by filling in the single form that is necessary." Telecom Plus PLC, also known as The Utility Warehouse, can be contacted on 01373 303811, or at www.smartroute.co.uk. ENDS.

Just one of many promotiond going on around the country in this fine company.

cheers GF.

Hey, this is my thread advertise me!!! lol only joking,the more the merryer..Price has dropped dramatically today as it always does before results but i expect to see 350 afterwards...In fact looking at my screen today its all RED!!

Hi UP it came back a little at the end, still looking good.

cheers GF.

Lots of buying and selling today and price up 6.9 as i speak,watch out for results on the 20th..Should see price drop before and huge rise after!!

Markhttp://www.utilitiesplus.info

Up 9.75 as i speak should see huge rise after tommorrows results...

Mark

Yep, good stuff Mark. Looking for a very bullish report in the morning.

cheers GF.

Morning people,,just cracked the 350 point up at 351 at the minute,,should be an exciting couple of days ahead!!!For you people whom still dont know why we are so succesfull go to the link and save yourself a fortune.

Mark


http://www.telecomplus.org.uk/choc

Sorry guys the results are out on the 28th i found out today..I have just recieved our new VCD which features Paul Daniels as the speaker and offers the services as well as buisiness opportunity,if anyone would like one please e-mail me with your address..

Mark

http://mark@utilitiesplus.info

Mark, thanks for the clarification, was looking all over for the results.

cheers gf.

Hi...This board is not for touting for business.!!
I am also a distributor for T+,but know that this for discussion and advice on the companies etc not a sales pitch.If this was the case the boards would sink below an avalanche of in effect spam.
Yes T+ is a low cost model of operation but the costs get charged somewhere,in fact at the distributors door.
My feeling about share price is that it has reached a level which will only move in relation to any further additional increase in profit.
No I do not hold T+ shares either as options or as a fully paid up shareholder unfortunately.

Regards..Wansford

Fair point Wansford,But you do realise Mark, that it could work out expensive Iam a distibutor for T+ so would you send a VCD to me? I doubt it. but how would you know?

Wansford,

Agreed, the T+ thread on ADVFN was like that for a while, as was the Kleeneze one, where people were effectively touting for business rather than posting about their views about T+!

I doubled my money on T+, but doubt they can carry on producing these sort of increases. As with other MLM companies before, a degree of saturation will eventually set in, and it's surely only a matter of time before a serious competitior starts up and markets telephony and utilities together?

It's now VERY hard for anyone to declare themselves "the cheapest" in the telecom market, due to a myriad of tariffs.

BLAH BLAH BLAH,, i have been posting on this site for over a year now and i DO NOT pitch every time i post,once in a blue moon maybe such as when new items come along like they have.I am a very succesful ID and yes i would post them out to anyone,why because you have to speculate to accumalate,,this is where most go wrong..No body has ever blasted me on this site as i keep them informed of what is happening from our point of view..So stop whining and go and build your biz!!!

ANDY, i cant believe your post!! ( a degree of saturation will set in?)what rubbish is that,,we only have 1% of the market,you and i will be in a nursing home before that happens! And why do you think no-one else has copied us yet?Because its too damn difficult to copy what we have, we are unique my friend..Someone mentioned the other day about what our CEO has been upto,he has been buying dorment comanies up and guess what they are,,water plus,car plus,insurance plus,card plus,air plus etc etc...Now boys can you see where we are headed??

Mark

Price up again this morning. Nice and steady. I like it that way,

cheers Gf.

U+,

Yes I saw that news the other day.

You miss the point that a lot of people don't WANT to change!

Look at the growth of T+, considering their prices, is not exactly phenominal, is it? It is taking a long time for them to achieve a customer base, and I think you will see a competitor in the market place soon, maybe Tesco?

Please don't go down the personal abuse route when someone doesn't agree with you, debate is preferable surely?

Andy, this is not personal,using referal marketing we were the 3rd fastest growing company in 2002,11th best share performer 2002,these are incredible statistics.Yes the take up is slow and always will be with our method.The company has come a long way in the last 6 years and the bank balance speaks volumes,NO DEBT what so ever,aquisitions payed for in cash!! You will not see many companies that can pull this off especially in our market.

As for a competitor,it will not happen! Tesco wouldnt operate a networking system for a start and without this form of buisiness they could not compete on our level,yes they may aquire more services but on one billing platform,NO.Others have tried outside the energy market such as Virgin to get a national supplying liscense for gas and elec and they have failed..And until these companies go down the T+ route they will NEVER be able to offer ours prices!!!You as an exec should know this!!!

Therefore never mind how much people could save with us whether its 1000 p/a or 200 p/a the fact remains that if a customers brings all thier services to us they will have the best price package on the market barring NONE!!!

Mark

UP
Your thread has a mention in the SharesMag Mag this week.
Good thread.
D.

U+,

I am well aware of the products T+ offer, but they still aren't collecting customers at the rate they might, IMHO, and this MAY be down to consumer resistance to change, and nothing to do with tariffs and cross utility billing.

Tesco and Sainsbury's are now entering the fray, and would be trusted suppliers insofar as people trust their brand names, and yet they too aren't doing that well.

The carphone Warehouse seems to be doing very well, and theirs is a good scheme because they cross sell their mobile customers at the point of sale, and have nearly 50% of T+ customer total in a few months, and a much faster growth rate!

With regard to Tesco, they may not do cross utility billing, but there's nothing to stop them offering cross utility discounts, and referring one to the other! I'm not saying they are going to do it, just that it is a possibility.

I would be careful about claiming that T+ tariffs are guaranted to be the lowest, some of their phone tariffs aren't necessarily!

In truth it's hard to navigate the myriad of deaus being offered by so many6 suppliers, but to make a generic statement "we are the cheapest" is probably not possible, because it depends on so many factors, such as individual useage.

I agree T+ are a good company, and I did very well with them, but see some consolidation at this point, and i expect more competition to emerge!

Andy.

Results out on friday guys, should give an insight into where the business is going.

cheers GF.

GF,

Ok thanks, T+ is a company that I would expect to always improve on the previous ones, so the price should rise this week, IMHO.

cheers andy, up 13.5p as I post.

cheers Gf.

GF,

some rise!

HI....My post of last week I feel has put a bit of life into this thread.
Alot of the postings on tjese sites seem to be very much along the lines arent we great or just look its gone up or down so much,but very little of hard info for one to consider to make an objective decision,so a few facts about T+ for you to make an informed investment decision,as follows.
T+,is a virtual utility company,owning no hardware as such in terms of networks,masts ,power stations or the like,being total reliant on its ability to get the best terms,from 02,T+,Opal telecom ,the power generators etc,so no nasty capital plant to renew,depreciate etc.
Its does not advertise at all,all selling costs are born by the distributors.
The distributors pay to join,and get paid when thy sign up a customer and an ongoing basis,as long as the customers stay with T+,ie the residual income.
The distributors are controlled and motivated by the senior distributors,so that the only staff directly employed are the call centre/customer service staff,plus accounting function and IT.
Now you will see that even as there is 10000 dists and 150000 customers,the lack of customers in relation to say carphone/talktalk @350.0k+ is not a big problem,if a dist does not sign up customers its not costing T+ just the dist.
In a way its a very wasteful system but as long as dist base keeps expanding then so does customers.
A sthe costs remain fixed the customer increase goes straight to bottom line,as also T+ has no debt,its a cash cow and will only get the hiccups when business declines.
To counter the argument MLM reaches saturation,even in the market place sinc e advent of carrier pre selection there is the ability to slowly increase market share which is happening.
The dream of financial independence draws people in ,but as can be seen from the figs 10.0k dist 150.0k customers a lot of people are dreaming not living the dream.
Yes there is competition from tesco.carphone uncle tom cobleigh and all but because we at T + work more on recommendation than advertising which I find has nil effect then we will keep gpoing at or near the best value end.
Yes there are companies cheaper on phone calls,mobile and occasionaly on gas and electricity but nobody bills on one bill/platform with as good across the board value,with excellent customer service as back up.
Unfortunately I did not get into shares at beginning of the year and have no intention now with p/e of 50+ and yield of 1.5
I dont know if U+ shares are options,but this is another area in which T + rewards its distributors.
Right the above is info ,not armp for the company and is put on the board to give some constructive reasons for investing only,my only interest is to explain it because as a distributor some waffle,hype and ignorance had been shown about the company.
Trust the above is of benefit to present or future investors.
Wansford

Hi folks,,my name has now changed to chock from U+ because i couldnt remember my damn password!!!

Wansford,,well put and yes my shares are share options from T+ FREE worth a ortune now but i shall hang on because there is no reason this company cant go 10+ in the future as long as performance keeps up..Results on 28th cant wait..Spoke to a share syndicate guy last night to which i tipped him at 98p per shareand his club is up over 200% and yes they love me!!!

Mark

Known as chock

Well done Mark, 10 quid a share will do me.

cheers Gf.

ps, chartists please just look at this chart.

Up 9.5 today so far,we are on a roll..Expect price to drop tommorrow before results on friday..As i said months ago we could see 4 before x-mas,what a present that will be!!!

Chock

Wow, i open my mouth and price drops 8 points in 2mins!!

Some very bad news for all people associated with T+ as John Joslyn one of the main factors of T+ died from a massively fatal heart attack at the age of 49,he will be very sadly missed by all involed with T+.

Chock

T+ up today so far 6 so now at 3.75,thought they would decline a little today.Results tommorrow so could see 4 within next 2 weeks..GF, what do we need to hit to reach top 250 and what affect should this have on our price??

Mark

Telecom plus has gained 9.3% to 371.5p over five days. On 17 September it said it expects the financial performance for the year ending 31 March 2004 will be significantly ahead of market expectations at the time. After the announcement of its interims tomorrow, 28 November, the directors intend to pay an interim dividend of 4.5p, an increase of 80% compared with the same period last year.

WOW

chock

Chock theres profit taking going on prior to results in the morning, was to be expected, seems to happen in nearlly all stocks at the moment.

Im sure we will see a quick recovery and then a march on upwards. To get in top 250 depends what other companies do aswell but Robbie Burns the Frequenttrader is very confident they will do it, and this would mean exposure to far more Trusts/institution buying. They love stocks like this that plod up northwards.

Im looking towards a very healthy 2004 on this one.

cheers gf.

Wow, cracking results even better than I expected. The rise in profits is outstanding and growth shows no sign of tailing off. Will add when the spread narrows.

chears GF.

I take it that the sudden drop is due to the MMs trying to panic holders into selling?

Mitch

Crikey it has dropped aswell. Mitch can only think that is the reason as the results seem to have gone down very well with the online media. Cant find fault with the results. Wonder if MMs are expecting big demand for stock as news gets out.

Anyway I think it will settle down and Im very bullish on this stock med/long term.

cheers Gf.

Again T+ show fantastic results and now theres talk of 6 within 6 months..I missed out on share options of around 4-6000 by only 6 customers which of course now makes me sick!!! Good job i qualified earlier for a few thousand..The next share option giveaway i will be at the no1 posistion to collect as many as poss,doesnt bear thinking about really,a few customers and already thier worth 6500 for what? i get paid anyway..When our ceo first introduced this idea of sharing in the company many of us thought good idea but what if they dont take off? He said do as much as possible and in years to come you will have a nice nest egg for your efforts!!! How right this man was,clever bloke..

chock.

this held on well, in fact it's blue to end the day.
A lot of stocks fall after results day as profit takers cash in, buy on rumour sell on fact etc.
Glad I held on to mine, and will look to increase my holding when funds permit

Yup added again myself. Looking for a top 350 psition now.

cheers GF.

From Robbie Burns the Frequenttrader............

An excellent set of results from Telecom Plus pleased me today. The 80% rise in dividend is very welcome and shows how serious the company is about becoming a big player.

The share price has been all over the place but who cares? It’s along-term winner and I intend to hold for a long time. The future looks good.

They use very “prudent” accounting. There is nothing more to come here except for extra growth. What’s even better about the company is, if there is a recession people will be after cut-price gas electricity and phone services even more!

cheers GF.

Picked this up this morning from iii.





On a prospective p/e multiple of c30x for y/e 31/3/04, the above heading might seem absurd. However, put this rating in the context of annual e.p.s growth of nearly 70% - similar to that achieved in H1 - and between 40% and 45% in each of the following two years, and it's not, IMHO, so silly. On this basis, the respective PEGs for '04, '05 and '06 would be 0.45, 0.51 and 0.37: expensive?? Furthermore, T+ returned exactly 50% on capital employed last year (a "clean" ROCE when compared with so many other cos which exclude pre-1998 goodwill from their accounts, tucking it away within the small print as a note to the reserves; naughty)and this seems destined to increase whilst cash flow is strongly positive with NCF representing 124% of net attrib at the interim stage. Margins are actually rising, despite fixed-line telephony now accounting for less than 50% of revenue, with the Opus investment and full OFGEM licence helping to improve margins on the energy supply side.

Overall, the interim results could hardly be faulted and the fact that the shares didn't respond was, of course, due to their c40% outperformance of the FTSE since the trading update in September. Nevertheless, I for one didn't quite expect a virtual doubling of profits, delighted though I was! Customer growth during the first 6 months was nearly 70% of that achieved throughout the WHOLE of last year and given the underlying momentum in distributor / customer growth plus the fact that T+ still has barely 0.7% of the available market(which surely answers Tom Fingers' concern over the exhaustion of potential converts), there can't be any valid reason why earnings shouldn't continue to climb exponentially - all IMHO!! Hence the forecast numbers given earlier and my view that the shares remain a "BUY" despite regularly hitting new all-time "highs"; but this is what a genuine quality growth stock is really all about, isn't it? Quality seldom comes cheap but as I've tried to argue here, I think it could still be so in this case.

There is still considerable pent-up demand from institutional investors and with the "free float" under 50% (with none of the former holding 3% or more of the equity), the lack of market liquidity should add to the company's fundamental attractions in continuing to drive the share price upwards. To what level and by when? I very much doubt if T+ will ever - certainly not for the moment - be accorded a PEG of anywhere near 1.0, otherwise we'd be thinking in terms of a price approaching 7 within the next year; the market simply won't accept that any company can keep growing at the rates which T+ is achieving ad infinitum. But the longer that it does keep its record intact, the more credibility it will recieve and unlike most other cos, T+ doesn't have to worry about constraints on things like production, raw materials, recruitment, planning applications and heavy outlays on R & D, plant, new factories / retail outlets, inventories etc. It is, therefore, in a virtually unique situation and given what it has already achieved, the entry barriers are now, IMHO, quite high. For instance, in terms of convergent billing, Centrica, which is the only genuine multi-utility competitor, would probably go bust if it tried to convert from its traditional system of seperate invoicing for each different service given the ensuing upheaval in IT systems conversion / integration and the enormous cost of so doing, not forgetting the expense of rectifying processing errors and customer defection caused by all the inevitable confusion. As far as marketing is concerned, one has to remember that T+ went through some very difficult times in its early days when the competitive climate was not as severe as it is now and a new entrant today would find the start-up phase almost impossible to weather by offering cut-priced tarriffs to build a customer base large enough to ever hope to achieve critical mass.

So to go back to answer (or try to) what price and by when? A target PEG of, say, 0.7 doesn't seem unreasonable when applied to y/e 31/3/05 in respect of which, my e.p.s projection is c17p. This would, therefore, give a price of very nearly 500p and one would expect the market to start discounting next year's results in earnest during Q1 of next calendar year (?). With the shares closing on Friday at 362p, this scenario infers an upside of c38% between now and next February/March - some three to four months away; quite a tall order but not impossible. Whatever, T+ is NOT a short term punt but a stock which looks increasingly like a thoroughbred and should be invested in as such.

Just two further points: when trying to set a PEG target, one must be as sure as one can that the growth rate for the year or years in question is broadly maintainable - 60% down to, say, 40% for the following couple of years is O.K but not to only 13% or 8% (just for those who aren't familiar with the PEG concept). Secondly, my calculations / estimates are pretty unscientific and there's no special reason why I've dropped my projected e.p.s growth rates for '05 and '06 down to c40% from 67% for this year (ending 31/3/04). It's purely general conservatism and the practice I've always followed of being purposefully cautious when bullish of a share and optimistic (earnings-wise) when bearish and recommending sales if that makes any sense!

Incidently, some of you may have noticed that the interim tax charge for T+ worked out at just over 32% compared with a little under 25% at the halfway stage last time. This was due to the exhaustion of tax losses brought forward in one subsidiary and slightly higher bad debt provisions above the level agreed with HMG for tax offset - don't worry, it doesn't mean that more of us aren't paying our bills, it's just prudent accounting. I get the impression that the full year rate may ease back slightly.

Excelent post that chock. I note its on its way north again this morning.

cheers GF.

Up 10.4 up to now!!I think we should see 4 easily before x-mas!

At this rate yes we could, fingers crossed.

cheers gf.

Only slightly up as i speak..I wonder if the profit takers are to scared to get out at the moment,seems a bit risky to me..

Why get out any way chock. Wont be long before it gets on to the radar of the top 350 institution buyers, and we should see some action then.

cheers GF.

Im not goin anywhere, i just wondered if any dare to get out now because i think it would be a massive mistake..So im wondering will the price move much as everone seems to be waiting in anticipation as to what the next move will be,,will it carry on climbing this week or will it drop slightly as profit takers are sat there with the finger on the button!!!Their sh-t---g.

Mark

Here we go,up 5 points now, could see it finish over 380 today!!

I have recieved a company reaserch report for Telecomplus,if anyone would like a copy please e-mail me mark@utilitiesplus.info


Mark

An excelent analysis article here on telecolm plus showing it outperforms easily all competitors.


http://www.research.reuters.co.uk/research/showdocument.asp?openurl=%2Fdata%2Fwebsites%2F10%2F0021395897%2FC826AX240%2Fresearch%2Ehtm

Well done GF, thats the one i have,it makes very good reading!! Anyone with any doubts what so ever needs to read this.

Mark

Trades of 2.6m went through this afternoon,dont know if buy or sell,probably a sell to release some shares into the market!!

Mark

Down 8 points ,now might be a good time to top up!!

Its up now.
cheers gf.

From Robbie Burns today.......

There were a couple of big deals in Telecom Plus yesterday - it could be the biggest shareholder Sir Charles Widoger making another gift to his charitable foundation.

Or he could be releasing shares for institutions, or he could simply be banking some cash. Whatever it didn't affect the price much so I suspect there is nothing to worry about.

cheers gf.

Charles Widoger did in fact sell some whether it was for his charity or for x-mas presents,who knows.Finished the week at 3.65 which is not bad,,not too many profit takers gettin off and it didnt drop as much as i thought it would with the 2.5m sold the other day..Lets see what next week will bring,i think we should see 3.80 by the end of next week.

chock

1 :-Wigoder,etc now hold 15,148,541 shares = 24.74 per cent.

2 :-Mr Wigoder agreed not to sell shares within the next 12 months.
rgds aj

Thanks for that ajren. Yup it just ended a tad down today but what a rotten day its been alround. 380p here we come.

cheers gf.

Hi gf.Lovely to see a friendly post.Hopefully,next week will be good.
I was supposed to have gone 3 hours ago but enjoyed the posting too much.
Will be back on Monday rgds aj

Just read a post on iii and some broker or forecaster reckons T+ growth will slow down next year! Is he wired up,does he think us Exec's are gonna slow down when there is residual and share options up for grabs? I think that now the share price is at an high and exec's realise what their share options are worth for the lttle effort put in to get them this year will be like every other, massive action..For example from my point of view my share options are worth around ?6.500 profit for getting around 25 customers,does he not realise that when we get the go ahead for options again knowing what i know now that i will indeed sign everyone and their dog to qualify for more! Why then should next years results slow down??Does he not understand how T+ go about their biz i wonder??

Chock.

Well its an isolated case chockers beleive me. This analyst is one in a load that thinks hes right. OK , there are always two sides to the coin and he maybe just right, but I doubt it. In fact if things start looking bad for this stock and I dont beleive that, watch the situation turn around. No problems.

cheers GF.

A bounce back this morning of 10p and added myself on the open.

cheers gf.

Hi, I'm new to the shares game and Money AM, and like chock, am also a Distributor for TP. I'd just like to mirror what chock said about the growth of TP Distributors all over the UK. I'm in the North, where there are more than 40 or 50 Distributors a week signing up in Manchester alone. Now, I'm not suggesting theyre all "dynamic", but there are many quality Distributors out there who will continue to expand their businesses at a fast rate. I'm convinced the company will be a household name in a few years, and have invested a rather large pot of my savings in its' shares!

Nice to hear that EW. Gives me a lot of confidence being an investor in the company.

cheers Gf.

Wow,great bounce back today!!!Good to see another exec on the ball.Welcome to my thread EW.

Choc

Some buys this morn and price drops!!! Great fun this trading biz..

Choc

I'll never understand it !

Up today though Guys. One of only a few.

cheers Gf.

Holding well this week should see a move from now on in.

Choc

Think your spot on there choc.

cheers GF.

Hi guys,changed my name again,computer wont remember passwords for some reason so wrote this one down!!!Good to see i was right with the climb starting,5 points up today.

Mark

I have it on good authority that the CEO, Charles Wigoder sold 10% of his share of the company recently. That 10% is to be split between two main new investors into TP, as yet unidentified, but the news is apparently 'very exciting'. There is also going to be a final Share Option promotion for Distributors in the New Year. Well worth going all out for if you ask me, and will definately boost customer figures for the Annual Report

You say final,are you sure??

Yes, I am not 100% sure because it hasn't come from the horses mouth, but I think it will be announced as the last one.

Better fill our boots then kid!!!

Sounds like good news for everyone then.

cheers GF.

I bet a few would have liked to have got in Telecom Plus at circa 30p, well you could have when it was on Ofex.

The best thing I have seen on Ofex since (profits just announced up 229%) is Britannia Finance, maybe another Telecom Plus as it progresses, and it's still very cheap while on Ofex.

TE,

You may well be right, but until the new mm's start up, Ofex is too restricted for me.

T+ on the move this morning...

Yes excelent stock. These slow steady eddie stocks are far better than the volatile ups and downers.

cheers gf.

Up 5 points yesterday and on the move again today,,could we see 4 at the end of the year??

Mark

T+ held steady after results came out and i expect to see some huge growth this year.One of the main factors will be the last remaining share option scheme for us exec's.I hope everyone will get thier finger out to grab whatever they can to share in this companies fantastic future.I will certainly do whats needed,please dont be p-----d if i have a go at everyone of you on this BB, if your not customers yet you will be when im done with you!!!!LOL,especially you GF..Hope to catch up with you in new year for some advice on a few matters..Happy and prosperous new year folks.

Mark

IMHO this will not be the last share option, it is a stratergy of the company to offer rewards for effort, and this is a specific point maid in the literature.

I also feel that could not be the case,it was mentioned in an earlier post. I will check tommorrow. Great to see the share price up 8 points today!

Mark

Well a craker of a day. I see the Boss Widgy was interviewed in one of the Sunday papers, anyone have any details please??????.

cheers GF.

Hi GF,yes there is a report out but i havent got it yet.Let you have it soon.

Mark

385 wow

Interview was in Financial Mail on Sunday. Sorry, haven't got the article, paper was thrown away with rubbish in dustbin! However, it was a very positive interview, which has clearly done the share price a bit of good!
Mitch

Going like the clappers.

Heres a bit from Robbie Burns the frequenttrader re - tro the news article...

There was an interview with Sir Charles Wigoder, the chief man at Telecom Plus in the Mail on Sunday – he says he expects Telecom Plus to become a FTSE 100 company and as the article says if anyone can so it he can!

That’s helped the shares to go higher – Sir Charles obviously has plenty of tricks up his sleeve which will carry on lifting the share price

cheers GF.

Up 22.50 unreal The article is being sent to me by post i will paste a copy when i have it.

Mark

Hi Folks, am i exicited or what.We have just broken the 4 point and i predicted it would be done before the end of the year,anyone have thousands of pounds to borrow me??Here is the report i promised.

Mark


People's Phone boss playing a bigger hand
The Interview, Mail on Sunday
28 December 2003




Now chairman and dominant figure in Telecom Plus, which sells cut-price household power and phone services, there are few signs of him taking it easy.



The company is valued at 224M, but Wigoder reckons it will join the 1bn-plus heavyweights in the FTSE 100 index within five years. Hardly a leisurely pace.



But the world championship bridge player simply can't resist taking the next big challenge - and the next risk. 'It's not about money - that is just the score. I am ambitious, I have always wanted to be the best. If I'd followed my father into law, I'd have wanted to be a Law Lord.'



Wigoder peppers his speech with ums and ahs, but he is purposeful in thought and action.



Slicing into a thick steak at lunch in London's Caprice, he confidently reels off figures suggesting the group will double in size in four years...and double again by 2010.



At 42, he has time on his side. He has a young family - a boy of 13 and three girls aged 11, 8 and 4 - and splits domestic life with wife Lizzie between homes in north London and the Cote d'Azur.



In the firm's last financial year, he pocketed 255,000 under the open-ended contract he negotiated in 1998 when he joined the cash-strapped business as executive chairman and largest single shareholder.



Wigoder was just 35 when he made his mark with People's Phone. Vodafone paid 77m cash for the company and he walked away with 6.5m. Now, just seven years later, his stake in Telecom Plus is worth eight times that.



Was he resentful that his venture capital backers got the bulk of the profit from his labours?


'No,' he replied philosophically, 'it's the old argument - you can have 100% of nothing or a small percentage of something large.'



But his passion for taking risks means he is less sanguine about the regulatory regime for publicly quoted businesses.



'All the regulation in the world will not prevent dishonest businessmen from defrauding investors,' he said.



'The Government seems to want to regulate risk out of the market, but the nature of capitalism is about taking risks. Institutions* and investors should be able to assess risk. All regulation does, is increase cost.'



Early in his career, working as a 'teenage scribbler' analysing stocks, he met Michael Green and wrote about the 'very charismatic chairman' of Carlton Communications.



He was hired by Green as head of corporate finance and development, engineering audacious deals to accelerate Carlton's growth. But his two biggest deals - bids for Thames Television and for satellite TV, subsequently BSkyB - both failed.



Itching to run a business himself, he struck out on his own when Green refused to give him command of a Carlton division. It was 1986, the height of the have-it-all era.



'There was huge opportunity,' recalled Wigoder. 'We could issue paper to acquire businesses. I had a credible management team, a good story and the right track record. There were lots of institutions prepared to be supportive.'



He joined Sangers Photographic, a small firm quoted on the second-tier Unlisted Securities Market, changed the name to Quadrant Group and took it to a full listing.



The firm had a lucrative shop in London selling car phones, but after Vodafone and Cellnet refused it a licence as a service provider, Quadrant bought one via Southern Cell Phones, based in Essex. But the stock market crash in 1987 dramatically stopped Quadrant's ambitions.



Wigoder based himself in Essex to sort out Southern Cell Phones - and saw the future. He was convinced there would be huge growth in mobile phones, but could not persuade Quadrant's chairman to bet the ranch on it. So he remortgaged his flat and raised 500,000 to start People's Phone.



Two years after the sale to Vodafone, Wigoder underwrote a rights issue to raise 1.1m for Telecom Plus. He rewired its business model and operations. It kept its marketing and distribution methods, capturing customers cheaply through personal recommendation of 10,000 freelance distributors. This army of foot soldiers, growing at 500 a month, earns commission recruiting friends, family and neighbours to Telecom Plus services.



At meetings in local hotels, recruits are served tea and biscuits with the incentive of extra income. Unlike a pyramid, distributors earn commission from real income paid by customers they introduce.



Telecom Plus raised a further 5m in 1999 from new shares and convertible* loan stock and floated at 2 a share in 2000 to raise 3.5m. The shares crashed to 70p during the bear market* but have recovered to 367p.



Wigoder, not one to suffer self-doubt, remained sanguine throughout. 'I am no longer in such a hurry,' he said reflectively. 'Telecom Plus is a long term project and I can afford to be patient.'

GF what do you think??

Mark

I think a lot of this company and feel 'Widgy' is a good manager. I always have said show me a good management and I will show you good staff and a good company. Anyway Guys here is a bit more positive publicity from the Sunday press...................

Telecolm Plus tipped as share for the year by Amanda Forsyth of Standard Life in the Observer today.

In brief she says it is easy and cheap to recruit new customers through the Business model. Also says as new customers join the firms buying power will improve.

Says both the number of customers and services taken per household are expected to grow steadily, delivering forecast earnings growth of at least 30%.

The likelihood of positive earnings looks high.

The company is on the brink of joining the FTSE Mid 250 index, which will widen its audience significantly and this should help the the price of the shares. ENDS.

cheers GF.

Profit taking going on here, never mind itl make a strong come back this afternoon.

cheers GF.

Nice one GF.

profit takers where at work yesterday but good recovery this morning.

Mark

Wow,,massive day for T+ and NO posts about it?? You crazy people you!

If your not on this share dont say i didnt tell you so..

Mark

Up and up we go, this should create FUNDS interest.

Cheers GF.

Up 8 points today and should now see it push towards the next level which i think is around 430..Great day..

Mark

Just as long as it stays over 400p for a few days.

cheers gf.

Finished at 407 nice,holding well at moment!!

Mark

Yes lets hope it stays above 400p. I see Vanco is bombing away.

cheers GF.

Yes vanco are doin great,a friend of mine whom you know Robbie the trader tipped this ages ago..Another share of mine Alkane Energy has just announced some good news,price has moved on the back of this.

Mark

My free share options are worth a small fortune now with T+ and if anyone wants any T+ are doing a share option scheme this year,let me know.

Mark

Does anyone have a copy the article on Telecom Plus which featured in Sharewatch magazine recently? I would be interested in obtaining a copy.

Liz

Liz i will find you the article,,ok.

Mark

Up today 7 points at 402 and they are tipped again in the monthly share watch mag..

Yes and Robbie burns the frequenttrader had this to say aswell today......

Telecom Plus now looks really exciting - as it climbs further and further over 400, the next stop should be 430p - but at the rate it's growing, there is still more to come!

Great stuff robbie, a real nice freind.

cheers gf.

Telecomplus have launched a share option scheme and all work done now qualifies towards the options..If anyone wants any info please let me know..Remember these are FREE share options.

Mark

Well if you want confidence in a share just look at this statement from Robbie Burns The Frequenttrader..............

Telecom Plus continues to be not sure whether to rise properly above 400p. As a long-term fan of the company and its shares, I expect 1000p within a couple of years and I am holding tight!

Confidence indeed.

cheers GF.

Peter Nutting sells 100k ???

I think a couple of directors have sold a few to put out into the market.They are becoming quite rare!!

Mark

SPOT ON, OK.

big drop today,any idea why

Two directors selling shares, just a temporary set back same thing happened when widgy sold a few a month back, but the price came back, This is a good article on it..........

Chairman is quids in at Telecom Plus

Published: 10:21 Sun 25 Jan 2004
By Graeme Davies, Companies Correspondent
Email to a friend


Telecom Plus' chairman is 400,000 better off today after selling some shares; meanwhile a trio of shrewd investors are hanging on to their stakes.

Peter Nutting offloaded 100,000 shares on Thursday at 402p each, banking 402,000 in the process. However he does still hold 851,700 shares or 1.4% of the 240 million company (TEP).


He was joined by fellow non-executive director Dominic Wheatley who sold a more modest 25,000 shares at 402p each, banking 100,000. Wheatley has 243,060 shares left.


Their double sale has depressed investors a little and Telecom Plus's share price slipped by 2.5p to 401p on Friday. Its share price growth has been phenomenal over the past two years, rising from 84p in early 2002 to an all-time high of 408p earlier this month.


Citywire tipped Telecom Plus in May 2002 at 109.5p so Friday's closing price represents a 266% gain in less than two years. We have already advised investors to book some profits but hold on to a residual stake and this remains our advice as the company still appears to have some way to go.


Three top investors obviously share this view as they are clinging on to their stakes. New Star's AAA-rated Patrick Evershed, Dan Nickols of Old Mutual who replaced Ashton Bradbury at the turn of the year on the Old Mutual UK Smaller Companies Inc fund and Carl Stick of Rathbones are all continuing to hold Telecom Plus in their funds.


Telecom Plus' simple yet effective strategy is to sign up customers as agents who pass on the good word to friends, family and colleagues in return for a small fee. As the company has expanded from telephony into gas, electricity and internet services so its customer base has steadily swollen.


In the first half of the year it signed up 26,000 new customers to take its total to 160,000, double the number of new customers from the previous year. This helped turnover rise by 46% to 37.2 million and pre-tax profits by 96% to 4.9 million. With just 160,000 customers Telecom Plus has a lot of the country to go at yet and few are willing to bet against it at the moment.

cheers GF.

thanks gf, i may just top up

Well done GF,,just about to post the same message..If anyone was looking at buying this share then that time would be now!

Mark

Added a few myself today. A temporary set back.

cheers Gf.

Climb back has started,,up 6 points already..

Mark

Wow,,down 10 points today so far,,what a great time to buy in!!

Mark

T+ has gone low despite the need for more shares!!No bad news to report though.

Mark

Dont worry, this same thing happened when wiggy sold a few shares.

Keep calm, the business model is fantastic.

cheers GF.

Looks like buy ins have started.

Mark

Hmmm... any thoughts from you more experienced holders why these continue to drop?

I'm holding for the long term, but curious about the downward movement.

Thanks

Ive been told its because of the lack of news of late.The results are out soon and if it follows the path of success as it usually does we should see a flury of activity around that point.

Mark

Wouldnt worry much. When this one goes up it goes up usually ten points or more per day.

cheers GF.

Up nicely this morning,is this i fight back?

Certainly.

cheers GF.

Telecomplus is one of 4 nominees for best company of the year award,guess whom i voted for??

Mark

To vote go here

www.plc-awards.co.uk

Whats happening with T+ shares,i dont really understand this drop in price..T+ are up for best plc company awards surely this shood be good news??

Mark

Check my new site out folks.
http://www.utilitiesplus.info

Bad day all round Mark, looks like this one being a high bets as triggered a lot of stop losses. Correction in the US market the Yanks went to far forward too fast.

Wouldnt worry too much, we will probably pull it back in the next 10 days.

cheers GF.

HMMMMMM noticed Vanco has taken big hit today.Whats your thoughts on Alkane Energy GF?

Mark

Vanco might be an ideal time to climb aboard, glad you have reminded me as I was suprised at the close when I saw it had lost I think 30plus p.

Alkane sorry no view on that one just know that oil is set to stay well up with production cuts from Opec.

cheers GF.

why the big drop? does gf know anything or is this just a bid to drop the price before results are announced?

mark

When are the results due? I know the year end is 31 March but the results are not normally published until some time after
I wish I had sold at the same time as the Chairman never mind hindsight is a wonderful thing !

Apparantly the MM's are trying to drum up a few shares before results are out..I can tell you we are ahead of expectations and have done very well in terms of customer growth and executive applications in the last 6 months or so,in fact weve done well all year.By the way our mobile deal has just got better and weve reduced our landline talk plans so more good news..We now offer 4 p/m line rental,this should surely bring in some good results..

Mark

http://www.utilitiesplus.info

Hoping so TG.

cheers Gf.

OK, all you TEP moguls, can any of you explain the big drop in these???

I'm right back to where I started with these, after holding for 3 months+

Thanks

Keep hold my luv..Results due out soon and as usual are going to be great..Should see 4 again very soon!!!

Mark

Yup no big problems its just the market thats gone bad and we need some newsflow from this one, as its been a bit short of it in the last few months.

cheers GF.

Some evry big trades today with Telecomplus..I wonder is the price gonna jump already??

Mark

Not sure TG, but I arent panicking may even add when I look at the state of play with my finances.

cheers Gf.

Check this out folks,interesting!!

Sales army pays at Telecom plus
Midas, Mail on Sunday
14 March 2004

GETTING sales to grow without incurring high costs is a problem for small companies, but utilities reseller Telecom plus appears to have hit on an interesting solution.



Instead of relying on expensive marketing and direct sales forces, the company uses a network of independent distributors to sign up customers for its cut-price phone, gas, electricity and internet services.


These independent distributors, which currently number 12,000, mostly part-time, then take a cut of the amount spent by the customers they have signed up.


It has proved an effective way to build up more than 160,000 customers for Telecom plus, where chief executive Charles Wigoder controls 25% of the shares.


Wigoder previously founded the People's Phone retail chain and sold it to Vodafone.


Using independent distributors in this manner is also a cheap way to acquire clients, with the company's administrative costs running at less than ten% of revenues.


The growth in customers has translated into rapid rises in profits. For the financial year that closes at the end of this month, analysts expect profits of about 10.7 million, up from 6 million last time.


The shares closed last week at 337 1/2p, valuing the group at 206 million. A forecast dividend* of 9.5p leaves them yielding a prospective


Trading under the Utility Warehouse brand, about half the company's turnover comes from fixed telephony, with a third from mobile. But energy is growing quickly and customer discounts increase when they sign up for more services.


Midas verdict: Growth companies do not come cheap and Telecom plus shares trade at a heady 29 times forecast earnings per share*. However, the multiple does fall sharply on expectations for future years. Telecom plus has an interesting business model that should be capable of creating a much bigger business in the next few years. The share price has doubled over the past year, but has drifted lower from a high of 407 1/2p in January, so now looks a good time to buy.

Share up today 13.5 as i write..Obviously off yesterdays article.

Nice to see this one bottoming out TG. Seems to do well on days for defensive shares.

cheers GF.

Sales army pays at Telecom plus

Midas, Mail on Sunday
15 March 2004

GETTING sales to grow without incurring high costs is a problem for small companies, but utilities reseller Telecom plus appears to have hit on an interesting solution.

Instead of relying on expensive marketing and direct sales forces, the company uses a network of independent distributors to sign up customers for its cut-price phone, gas, electricity and internet services.


These independent distributors, which currently number 12,000, mostly part-time, then take a cut of the amount spent by the customers they have signed up.


It has proved an effective way to build up more than 160,000 customers for Telecom plus, where chief executive Charles Wigoder controls 25% of the shares.


Wigoder previously founded the People's Phone retail chain and sold it to Vodafone.


Using independent distributors in this manner is also a cheap way to acquire clients, with the company's administrative costs running at less than ten% of revenues.


The growth in customers has translated into rapid rises in profits. For the financial year that closes at the end of this month, analysts expect profits of about 10.7 million, up from 6 million last time.


The shares closed last week at 337 1/2p, valuing the group at 206 million. A forecast dividend* of 9.5p leaves them yielding a prospective


Trading under the Utility Warehouse brand, about half the company's turnover comes from fixed telephony, with a third from mobile. But energy is growing quickly and customer discounts increase when they sign up for more services.


• Midas verdict: Growth companies do not come cheap and Telecom plus shares trade at a heady 29 times forecast earnings per share*. However, the multiple does fall sharply on expectations for future years. Telecom plus has an interesting business model that should be capable of creating a much bigger business in the next few years. The share price has doubled over the past year, but has drifted lower from a high of 407 1/2p in January, so now looks a good time to buy.

cheers GF

A lot of people are asking why the weakness in the price of TEP, well I for one dont think it is anything other than general market sentiment of a weak nature that we have seen over the past few weeks. When this one moves it tends to move in a big way either way.

Its certainly not a different company than it was 3 weeks back.

This is what Robbie Burns the Frequenttrader had to say about it today......


The Mail seems to be tipping my whole portfolio at the moment - they tipped Telecom Plus last week. Maybe it will be Vanco or Fenner at the weekend?

Talking of Fenner that's up a bit today and it slowly seems to be gathering a head of steam. If we can clear 105p, 120 looks on the cards.

Ashtenne continues to go higher as does Gyrus. Carrs Milling should report soon and that should lift the shares. AMEC looks strong.

Telecom Plus is suffering from weakness but it always does when there's not been news for a while, a statement is due soon and that should help lift the shares again.ENDS

A statement soon. Off the cuff Im not sure wether this is a trading statement or part year results, either way Im sure we will get very positive comments.

Stick in there.

cheers GF.

Charles buys in today!!



NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

Telecom Plus PLC

2. Name of director

Charles Wigoder

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest

In respect of 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified)


(a) Charles Wigoder 13,006,041
(b) Mrs Elizabeth Wigoder 142,500
(c) HSBC Global Custody Nominee (UK) Limited 500,000
(d) Charles Wigoder Foundation (non-beneficial) 1,500,000
Total 15,148,541


5. Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s)

As in 2 above

6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary

Purchase

7. Number of shares / amount of stock acquired

60,000

8. Percentage of issued class

0.1%

9. Number of shares/amount of stock disposed -

10. Percentage of issued class -

11. Class of security

Ordinary Shares of 5p each

12. Price per share

50,000 @ 323p 10,000 @ 324p

13. Date of transaction

30 March 2004

14. Date company informed

30 March 2004

15. Total holding following this notification


(a) Charles Wigoder 13,006,041
(b) Mrs Elizabeth Wigoder 142,500
(c) HSBC Global Custody Nominee (UK) Ltd 500,000
(d) Charles Wigoder Foundation (non-beneficial) 1,500,000
(e) Jersey House (Developments) Limited 60,000
Total 15,208,541


16. Total percentage holding of issued class following this notification


(a) Charles Wigoder 21.14%
(b) Mrs Elizabeth Wigoder 0.23%
(c) HSBC Global Custody Nominee(UK)Ltd 0.81%
(d) Charles Wigoder Foundation (non-beneficial) 2.44%
(e) Jersey House (Developments) Limited 0.10%
Total 24.72%


If a director has been granted options by the company please complete the following boxes.

17. Date of grant

18. Period during which or date on which exercisable

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved: class, number

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

22. Total number of shares or debentures over which options held following this notification

23. Any additional information

24. Name of contact and telephone number for queries

B. Korel - 020 8955 5000

25. Name and signature of authorised company official responsible for making this notification

B. Korel

Date of Notification

31 March 2004

The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material.



SCHEDULE 11



NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

Telecom Plus PLC

2. Name of director

Keith Stella

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest

In respect of 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified)


(a) Keith Stella 40,000
(b) Charles Wigoder Foundation (non-beneficial) 1,500,000


5. Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s)

As in 2 above

6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary

Purchase

7. Number of shares / amount of stock acquired

3,500

8. Percentage of issued class

0.01%

9. Number of shares/amount of stock disposed -

10. Percentage of issued class -

11. Class of security

Ordinary Shares of 5p each

12. Price per share

323p

13. Date of transaction

30 March 2004

14. Date company informed

30 March 2004

15. Total holding following this notification


(a) Keith Stella 43,500
(b) Charles Wigoder Foundation (non-beneficial) 1,500,000


16. Total percentage holding of issued class following this notification


(a) Keith Stella 0.07%
(b) Charles Wigoder Foundation (non-beneficial) 2.44%


If a director has been granted options by the company please complete the following boxes.

17. Date of grant

18. Period during which or date on which exercisable

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved: class, number

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

22. Total number of shares or debentures over which options held following this notification

23. Any additional information

24. Name of contact and telephone number for queries

B. Korel - 020 8955 5000

25. Name and signature of authorised company official responsible for making this notification

B. Korel

Date of Notification

31 March 2004

Charles buys in around 60,000 shares and the price doesnt reflect..Whats goin on?? Results are out soon and are expected to do very well indeed..This is a great long term hold stock so why so many sells,,why has the price dropped so much??There was a sell signal given from Shares Mag,,and they reported that charles wants to sell..What a load of b----------s,surely the price hasnt reflected this stupid piece of advice??

Mark

Mark
For some time now you have been saying the results are out soon Do you know when?
The year end is March 31 so I wouldnt expect the results to be out before June or Iam wrong ?

This is starting to look grim indeed !

End of may my friend..This is a great top up opportunity..

Just read my News Plus which is a info booklet from T+ to us execs to keep us upto date ...All calls upto a maximum per call of 60 mins costs 0,nil,zero,FREE!!! to other T+ users...Hows that for ya..This should bring in some huge customer numbers..

Mark

If anyone would like more info please contact me by e-mail
mark@utilitiesplus.info

Free calls sounds great for the customers but if the customers are not paying for the calls how will the distributors get paid ?
I realise that this offer is only to other Telecom Plus customers so how many Distributors will want to get existing customers to encourage their friends and family to sign up knowing that they will lose the commissions on the calls?
I know there is gas and electricity to consider, but I would have thought that with free calls some Distributors will see their commissions reduced.
Ultimately as with the customers the distributors are the life blood of the Company
Its a great business plan and a cheap way of getting customers but if they go down the road of free calls to compete it might backfire
I hope Telecom Plus is not shooting itself in the foot here
Just a thought

I imagine they are hoping the customer will take more services..Me for example always get the energy along with the phone deal..When i find out more i will let you know.

Mark

Did you take up the offer??

This one just keeps dropping, day after day.

After sitting on a nice 10% profit, and expecting great things, it's now been whittled a way to a 5% loss!!

Can anybody shed any light on what's happening? And please, no sales pitches from TEP distributors!!

Princess

Princess,this always happens before the results come out,it has the last two times anyway.Also when there is no news for the company to give out people lose interest in this share hence it tends to drop again.Whenever news is released it has always been good news which tends to rally the price once more..Results are out at the end of may and are expected to do well,,this is when the price should see big improvements..

Mark

Thanks Mark, I'll keep my eyes peeled.

Widoger buys in again this morning,40,000 this time.
Mark

Shares magazine has this week recommended T+ as a sell. What do you think?

Unless I'm mistaken, price has jumped up somewhat from yesterday

SOWAH
If people who wrote in magazines knew what they were talking about, they
would be making lots of money trading.Been in theese for a long time and
I hope to make a lot more money by holding long term.

SELL,they have some very wierd ways of thinking these mags!!! Do they get paid for talking out of their arse..LOL..I think the rise stems from the director buying in but if things go as usuall this share will climb just before results are out and again after for a couple of weeks strong.

I can tell you that the response from our free call offer has bought in great results and will do for quite a while..

Mark

T+ flys up today at 20 points.Is this a sign of things to come??

Mark

T+ Guy

Clearly not!! DOWN 10 today.

What on earth is up with this VERY FRUSTRATING share???

Princess

Who knows,,i think at the end of may things will be a little different.

Mark

Goin away for two weeks guys and will be back in time for results..Now is a good buy in time and shakers have been eliminated i think so upward soon and onwards we will go!!

Thinking of you all NOT!!!!!lol.

I hope, for TPlus Guy's sake, that this one shows some upward movement before he returns from his hols!

Seems to be sinking like a stone. Surely this is more than a tree-shake, although there's not been any news, as far as I'm aware, which could cause such a drop.

Any other holders with any thoughts?

Princess

if at first you don,t suceed PANIC

if at first you don,t suceed PANIC

1982roy, thanks for your extremely profound post!

PRINCESS
every share in my portfollio is red today and olthough i am many thousands down i still have my sense of humour.re telecom plus been in theese since 2.20 and still expect 10.00 long term.its been a bumpy ride since 4.00 but with directers buying last month and results due soon i still intend to hold, historicly the price always seems to drop before results. no advice intended,i have spoken to a couple of distributers and they tell me buiseness is booming.

You're right, roy, a sense of humour is a definite plus in this game - especially on a day like this!

Sorry that your portfolio is down at the mo'. I agrre with you that TEP is still a good long term hold. It's a;ready started its tentative way back up.

Regards
Princess

Hi Guys im back from hols and yes i am surprised but not alot because like Roy has said this share always drops before results are put out and then seems to go from strenth to strenth..I know the results will be good again because we have grown in both customer and distributor numbers and more poeple are taking multiple services..

Our free telephone offer has brought in quite alot too.This share could go 10+ in time because of the way we operate which means we should see growth every year for some time to come and unless we get replicated which would be hard there is going to be more services added to our list which in turn should help us grow...

This is all my opinion obviously and i have been a exec for T+ now for 5 years and have seen great improvement each and every year since joining..Anyway,,bye for now and cant wait for results to be announced,,will let you know when this happens..

Mark

By the way we have a free share option scheme on offer to anyone wanting to join our biz so if interested please let me know...

Results are due on the 9th june..Will let you know how we get on.

patience is a virtue,( up 13.5p as I write)

make that 15p

Here you go guys and gals,,

TELECOM plus PLC
Preliminary results for the year ended 31 March 2004


Telecom plus plc, the UK's leading integrated multi-utility (gas, electricity, telephony, internet), announces preliminary results for the year ended 31 March 2004.

Financial and business highlights:


*Turnover up 41% to #81.8m (2003: #58.0m)
*Profits before tax up 90% to #10.6m (2003: #5.6m)
*Final dividend of 5.5p, total of 10.00p for the full year (2003: 5.75p)
*Earnings per share of 12.2p (2003: 6.8p)


*Subscriber base increased 33% to 178,000 (2003: 134,000)

*Number of services provided increased 39% to 312,000 (2003: 225,000)

Peter Nutting, Chairman, said:

"We have now successfully transformed ourselves from an alternative supplier of fixed-line telephony services into the UK's first low-cost integrated multi-utility offering gas, electricity, fixed telephony, mobile telephony and internet services.

"We are particularly encouraged by the initial response to our introduction of the Utility Warehouse Discount Club concept during October 2003 (a refinement of the new brand we had launched a year earlier), which has led to a marked increase in the average number of services being taken by each new member.

"The combination of our unique multi-service utility proposition, the successful introduction of our new "Club" concept and the exceptional value we are providing to our customers give us great confidence in our ability to deliver sustained growth over the coming years."

With such good results, how come they're down 11.5p????

Always happens and has for the last few years Princess,,should see it recover from next week on.

WOW,,down quite a bit now..This is one of the companys that combines telecoms and energy supply so i wonder if its the oil prices which have a bearing on why our price has suffered,,especially after those great results.

Must say i cannot understand this share now,very puzzling..Can anyone enlighten us??

just give it time, this company is going places. the margins on gas are a bit tight at present, but with the plans this co has, I am not worried.

turnover up 41% profits up 90% and still the price plunges, makes you wonder why .

Antje I feel the same and I am going to hold unless there is some "bad" news which hasn't hit the market comes out.
I don't think the Gas problem is enough to discredit this company to this degree.
It must be irritating if you are running the company unless of course you wish to buy a few more shares.

Good thing I didn't get in 300+. I agree company is fundamentally sound but me thinks its heading for 220?

Yes ive heared talk of 220 but WHY..Ive been a distributor for 5 years now with this company and have seen it grow from very little to where we are today,,BUT i cannot understand why the drop??? I know of no bad news on the horizon only good news and good future plans..

Next support level at 248p. Then 217p and then 199p.

I don't understand this... Charles Widoger buys 100,000 and the price goes up 4%, even though there's a single sell of well over a million this morning.
Can anybody explain this???
This one gets me more and more frustrated! Determined to hold until I get back (or close) to break even. GRRRRRRRRR!!!!

Its GRRRRRRR from me to. I think the way forward might be for "azhar" to keep up his gloom and doom message !

Well there was support at 240+ we might start going up now. Tempted to get in!!

Data Cash Triggered at 110, bought another tranche of TEP at 271.5p I think the fundamentals are sound. Only anxiety is comment about Gas supplies.

Here is my thread by the way..