I know there's an existing thread for TEP, but I'm blowed if I can find it.
Anyway, things aren't looking too good for this share at the moment. Been on a downward spiral for some weeks, after hitting over 4.
Very low volume today, and sells seem to equal buys, so why the continuing drop? Seriously thinking of getting rid, and taking what is now a very small (and I mean small!) profit.

Any experts on TEP like to add their two pennorth?

Princess

princess to find an existing thread go to the quote page aqnd type in the EPIC and all existing threads are listed at the bottom of the page - this share is also discussed on goldfingers thread

The downward trend could be BT introducing a new pricing structure which will reduce their call charges and increase line rental. This will hit companies like TEP which sell their products using a BT line. This will make their pricing less compatitive as customers will have to pay a higher BT line rental.

Thanks Fundamentalist, found it - it's easy when you know how!

Hi Folks
Haven't posted on here before, and, though 50 years old now, am a newcomer to the stockmarket, investing in a very small way, finding mt feet.
Am a distributor with this company, and am baffled as to why this share price is falling.
Slmchow - this is interesting what you say re BT, but if you are saying that BT will increase line rental to all their customers, whilst lowering their call charges, I would agree that this may result in less of a saving by going with TEP. However, the basic premise that BT aren't allowed to undercut companies such as TEP still means savings can be made.
Also a big selling point for us at present, is that we can offer the cheapest Gas and Electricity for domestic users in the UK, so customer gathering is just as easy now. So why the share price drop ?

mentalist

It was on one of the broad sheet it was a week or two ago. BT is to do away with the standard charges all together and move all those who are still on it on to their BT talk together options which has a line rental of 11.50 a month and call charges are half that of the existing standard rate I which I can remember which paper and when. It is BT fighting back I will call it

My wife sign up to be distributer in November. Tried to get me to change from our BT option 2 to more talk option 2. I did my calculation and I said that yeah it will save me about 1 a month and I will have to have a pig hanging off the wall for that and sign up to the gas electric to get the multi service discount. So she tried to get me to sign up to gas and electric. Yes you definately save on gas but this is off set but the more expensive electric in our region. Yes overall I save a couple of quid compared to my exisit supplier which I have a discount on dual fuel, further discount for doing all th billing etc on line and got the prices capped for the next few years.

She gave up the distributship as she said if she can't sell to me she go no chance.

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.

Hi...slmchow...mistake tell not sell...but agree it is mnot the doddle that its made out to be...and there is mighty competition amongst telco companies,mobile and landline...not helped with TELE 2 on every second ad on tele.

To me Robbie Burn on TEP has to be taken with a pinch of salt as he is a distributer of TEP with shares option. His RTD his was suppose to have great promise but now sold out. It is go to take profits but not talking up one week and selling the next.

Remember everyone at the end of the day is looking after their own portfolio first .

Hi Guys, yes there is a TP thread,go to search and you will find it..MM's are shaking up this share at the moment..Nigel Wray whom has been an holder for some years now bought in again not too long ago which should tell you this is long term..Tipped at 6 this year..Results are out soon and are again expected to do well.

As for the distributor side of things to which i have been for 5 years all i can say is things are going very well indeed..The lady whom joined and then packed in had an hard time with you i think!!We are the cheapest energy suppliers and if you are with a monopoly supplier you will easily save 100+ just on energy..Remember that we are a referal marketing biz which means it doesnt matter how many competitiors are out there because every new exec will sign up thier friends and family because hopefully they will be trusted to sell savings not just for commission..Also most of the UK havent changed anything yet so there is plenty more for everyone..When the penny finally drops with these people they will change and we will always be around to mop them up..


Mark

If anyone is interested in a free quote to see what can be saved then please e-mail me with your contact details..save money and help T+ to push up this share price..By the way did you know that if you hold more than 2500 shares you are eligable for FREE line rental on one of our mobile tarriffs??

mark@utilitiesplus.info

I see the Big Cheese has just bought 60,000.

For your info:



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

Tplus Guy

Yes TEP depend on famaily and friends sentiments to help their family member and mates out to achieve sales. That is why in a way its a pyramid system. Everyone they sign up as a distributer sign up their friend and family member who all contribute to the guy above their cut of the commission. Like all pyramid system it has to give some where along the line. Like less competitive prices to the messes so that so that the numerous levels of the pyrimid can gets their cut of the commission from, in this case their friends and families monthly phone and utility bills.

Can the more enlightened BB posters explain to me why the price of this share drops on what I would think are good results?

The drop is about 3.5% while the yield is about 3.3%. The ext div date waits until AGM to be announced.

The PEG and ROE on these results, to me, still appear reasonable and the companys potential seems good.

I note a little reservation about returns on Gas but will await price changes.

The charts seem to me to be quite reasonable alos. (Todays prices etc. not taken into consideration.

I hold 1493 of these shares at a profit and will continue to hold for a while.

But would appreciate the thoughts of others.

Telecom Plus FY profit up 90 pct on strength in virtual network businessAFX
LONDON (AFX) - Telecom Plus PLC, a UK-based multi-utility provider, reported a 90 pct rise in pretax profit in the year to March, fuelled by a strong performance in its virtual network business.Pretax profit at the company that provides gas, electricity, telephony and internet services jumped to 10.6 mln stg in the 12 months to March 31 from 5.6 mln a year earlier, while full-year sales rose to 81.8 mln stg from 58.0 mln.Operating profit in Telecom plus' virtual network business rose 65 pct to 13.8 mln stg, partially offset by a higher investment within its distribution business, the company said.Telecom Plus had 178,000 customers at the end of March - compared with 134,000 a year earlier - subscribing to over 312,000 services compared with 225,000 the year before.Margins in fixed telephony, mobile telephony, internet and electricity all remain 'extremely satisfactory', the company said.*******But its gas supply business is suffering from 'severe' pressure on margins due to the sharp increase in wholesale prices which have NOT YET BEEN FULLY PASSED ONTO CUSTOMERS.*******

Forgot to mentions Buys 144,000 to Sells 68,000 (Approx) so far today. Interesting and odd to me!!!

If you look at the last few years history this always happens at results time..Im no expert in shares at all but i would presume it would be the profit takers whom jump in a week before results for a quick kill..Give it a week or so to see it climb,,again always happens..

Still going down, any views to the next support?

If it goes through 294, might hold as sitting on ma support ?

What is the bad news on this share? Can't Find Any. Turnover up, Profits up, Dividend up. Know it went ex-dividend 23/6/04 . But forcasts good, business model looks good.

Oh that we had the answer - I like you am totally confused following all the good news you have highlighted.

didn't they say GAS dept profits were severely affected?