Revenue up 27.6% to £601.5m (2012: £471.5m) Profit before tax up 12.7% to £34.6m (2012: £30.7m) http://www.investegate.co.uk/telecom-plus-plc--tep-/rns/final-results/201305210700121609F/
Stock up and down
I have been in this business as a disti for 3 years and stock price was £3.90. Used SSAS to buy in and cannot be happier with the growth. The business model is perfect for making money, no stock, no debt. The only way this company/share will have a problem is if they lose their Energy licence, or the management decide to move on and sell out. Selling will not be major short term issue as the stock will rise if the buyers start prowling. I am not a big player in the business but go to all the sales meetings etc and if this company adds TV and Water to its portfolio of services watch the stock grow again, as all their existing customer base will add another 10-20% to their monthly spend meaning instance profit and turnover.
Been in here for around 10 months...it's extremely volatile in that the SP can have big gains and big dips on any given day, apparently for no reason. However, at the moment, it's at £12.85 according to Google finance and that's presumably in anticipation of tomorrow's Final Results which I believe will tell of yet another increase in profits, so presumably you'd expect the price to rise again on the back of that? Who knows whether this is at its peak but the company does have ambitions to hit the FTSE100 at some point and if it gets there, then fantastic. Fingers crossed and GLA.
13 May '13
Hi all - new to all this and just wondering what's causing this drop today?? I cant see any news anywhere. Apologies in advance if I'm being really slow here and have missed something totally obvious :-) Cheers SR
19 Apr '13
Latest news from The Motley Fool
Telecom Plus (LSE: TEP) has been a huge success in recent years, with its shares up more than 70% over the past 12 months alone -- and they have four-bagged over the past three years. Today the price hit yet another 52-week high, of 1,205p, and is down just a few pennies to 1,199p by mid-afternoon. It's no real surprise that such an impressive growth share should be highly-valued, and current expectations for the year to March suggest a P/E of more than 30 -- and it will take two more years for forecasts to bring that down to 23. That seems pricey to me, but I've been wrong about Telecom Plus before and the rise has gone on long after I'd expected it to falter.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.