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

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