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

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.