Telecom Plus
Shares: 184p +28p
Questor says Buy

Tory party backer Charles Wigoder must have felt truly blue earlier this year when shares in his residential telecoms and energy supplier fell below 100p for the first time in almost four years. In early 2004, Telecom Plus - in which Wigoder has a 20pc stake - had peaked at 400p. But a failure to hedge its gas supply contracts caused the stock to tumble as the gas price soared.

Then came the explosion of competition in the broadband sector led by that "free" offer from Carphone Warehouse. It is easy to see why investors got spooked. Since this summer, however, Telecom Plus has staged a modest recovery. Yesterday it got a fresh fillip as Wigoder promised record profits in the current year.

NPower has taken over Telecom Plus' energy-buying operations, along with an option to buy management's 29pc stake in 2009 at a price based on a set formula.

Based on analysts' earnings expectations NPower's strike price would be somewhere near 300p, which would represent an impressive return over three years.

The arrangement makes Telecom Plus pretty much bid proof for now but shows that NPower has confidence in the low-cost business model pioneered by Wigoder, who built Peoples Phone into a sizeable mobile phone service before cashing in millions by selling it to Vodafone in 1996.

Telecom Plus owns no network but buys in bulk and seeks to undercut larger rivals. Not only does it not have to build or repair switches and pipes, but it sells through agents and sub-agents so it has minute marketing costs - customers are given incentives to win new business from friends and family.

On 15 times forecast earnings, falling below 12 for 2008 and yielding 2.6pc, there is room for upside.

Whitbread

Still cheap and Robbie B is likely to jump back on board with his sheep. You know what that will do to the SP.

Telecolm Plus TEP

Client Sentiment on IG Index
is very bullish. It updates every
15 minutes and is used as a proxy
for shorting aswel.

Client Sentiment

LONG 96% of IG clients with open positions in this market expect the price to rise

4% of IG clients with open positions in this market expect the price to fall

Telecolm Plus TEP

WOW just found these updates on
Digital Look... i must be slipping
Fantastic broker SP targets

Date Broker name New Price Old price target New price target Broker change

13-Feb-12 Peel Hunt Limited Buy 645.00p 850.00p - Reiteration
13-Feb-12 FinnCap Buy 645.00p 760.00p - Upgrade

A 850p SP target and a 760p upgrade.

Very nice.

17p final divi, but can't find ex-divi date. Any idea please?

No just had a look on IG index on their new platform nothing there. is it on their new site Harry?.

Ill ask around.

Had a look at the Telcom Plus website, but no date evident. Just "Our final results for the year ending 31 March 2012 will be announced on Wednesday 23 May 2012 " so I assume a late may early June date for the divi.

Yep thats what Ive seen so far.

Amazing company as this has not suffered in the downturn.....I shall have to take a closer look at their prices for telephone, broadband......etc...when I have a moment.....wish I had invested in these...

RF if you go over to advfn today theirs posters discussing the services they provide and the offers you can get . really interesting on the TEP thread there.

Telecolm Plus TEP

On the weekly candles A BUY -IF now
validated with todays SP action
ie, it should read BUY tomorrow
on this site.

Often put down and sneered at this
site but if you know how to use candles,
technicaly its an excelent trading/
investment tool.

http://www.britishbulls.com/weekly/StockPage.asp?CompanyTicker=TEP&MarketTicker=Telecommunications&Typ=S

TEP Telecolm Plus

Nice to be able to put some SP
targets to the Broker buy recommendations.

Heres the lates figures from Digital
Look...............

Date Broker name New Price Old price target New price target Broker change

13-Feb-12 Peel Hunt Limited Buy 645.00p 850.00p - Reiteration
13-Feb-12 FinnCap Buy 645.00p 760.00p - Upgrade
22-Nov-11 Brewin Dolphin Buy 732.00p 705.00p 925.00p Upgrade

So SP targets range from 760p
to 925p.

Very Nice.

A BUY- IF flagged up on the weekly
candles.

http://www.britishbulls.com/weekly/StockPage.asp?CompanyTicker=TEP&MarketTicker=Telecommunications&TYP=S

TEP Telecolm PLUS

Brokers like this stock.....

Telecom plus Broker Views

Date Broker Recommendation Price Old target price New target price Notes

13 Feb Finncap Buy 693.00 760.00 760.00 Upgrades
13 Feb Peel Hunt Buy 693.00 850.00 850.00 Reiterates
13 Feb N+1 Brewin Buy 693.00 925.00 925.00 Reiterates
09 Dec N+1 Brewin Buy 693.00 925.00 925.00 Reiterates
06 Dec N+1 Brewin Buy 693.00 925.00 925.00 Reiterates

Telecolm Plus (tep)

Long Term Historical Chart giving some
idea as to the future SP............

TEP TELECOLM PLUS

N+1 Brewin maintained its "buy" stance on Telecom Plus (TEP) with a target price of 925p. The multi-utility business is introducing a range of new tariffs as well as multiservice sales, which the broker believes will increase its attractiveness to customers. Brewin pointed to a number of incentives to customers who buy four or more core services, such as 10% off energy in the first year. The broker also noted the firm's plan to provide fibre optic broadband, which could lead the way for a TV offering. Shares in Telecom Plus inched up 6p to 693p.

Trading Update and Notice of Results
Telecom Plus PLC (trading as the Utility Warehouse), which supplies a wide range of utility services to both residential and business customers, today issues a trading update for its financial year ending 31 March 2012.

Highlights
· Strong fourth quarter

· Results in line with recently upgraded market expectations

· Half of new customers now taking at least four services

· Final results expected to be reported on 23 May 2012

· Intention to recommend a final dividend of 17p per share (total dividend of 27p per share)
The last quarter of the current financial year has seen a continuation of the positive trends referred to in our Interim Management Statement issued on 13 February 2012.

Cracking trading Statement from TEP

..http://www.investegate.co.uk/Article.aspx?id=201203300700103999A

Telecolm Plus (tep)

Long Term Historical Chart giving some
idea as to the future SP............

Telecom Plus: Peel Hunt reiterates buy rating and 850p target.