Fnx for reply, yes the drop is surprise at the moment
15 Apr '14
RE: Dvi ex date
Ex Date should be 3rd week of July with payment first week in August. Unsure why the drop, given the company's on-going terrific performance, other than that telecoms sector shares generally are down at the moment and actually most of the market is dire - particularly AIM!
11 Apr '14
Dvi ex date
When is ex date for dividends. I know it is close fnx
11 Apr '14
With some much interest with tep going on, new agents on the up new presentation kits out now and yet down goes the sp, so does that mean the last 2 months was tep over valued and punters now taking profits from November 2013 investing. Naked trader is a fan of these and on his web site speaks highly of them, I do like the platform of there business and if you are a customer with there products I know they are good value so I am surprised that the sp has dropped day after day.
17 Feb '14
Divi to be raised.
More good prospects for this company; - Full-year dividend to be raised - Annual profits expected to be in line - Customers and services grow in Q3 Telecom Plus said it will increase its annual dividend by 13 per cent to 35p as the utility services provider is confident of achieving profits in line with market expectations. The company, which supplies gas, electricity, internet and mobile and fixed-line phone services, saw customers grow to 18,429 in the third quarter from 18,439 last year. The number of services provided increased to 81,429 from 55,488. In the past 12 months, the number of services provided to residential members rose by more than 300,000, representing year-on-year growth of 21%. In November, the group introduced its new Gold Bundle package with the proportion of new members taking up core services of gas, electricity, home Phone, broadband and mobile more than doubling to more than 20%. There was also an increase in the proportion of new members choosing to switch their energy services over to Telecom Plus. Opus Energy Group, in which the group has a 20% equity investment, is performing ahead of budget and is on track to deliver record turnover and profits for the current financial year. During the period the company completed the acquisition of Gas Plus Supply and Electricity Plus Supply for £218m. Activity in the distribution channel bounced back strongly during January after a traditional Christmas lull, with the number of new members joining in the month around 25% ahead of the corresponding period last year. "This uplift has been driven by a number of factors including the continuing widespread public focus on the cost of energy bills, a continuing difficult economic climate, record distributor attendance at our nationwide series of motivational seminars held each January, and a strong positive reaction by distributors to our recent promotional activity," the group said. "We are delighted that this momentum has continued into February, which augurs well for our ability to report further strong organic growth for the final quarter in due course."
10 Jan '14
RE: Telecom Plus (TEP)
Not a chartist myself, but the chance of this share dipping to 10-12 quid is zippo. With a MCAP of 1,396M and 80M shares in issue this will hover around £17-19 until the next trading update (maybe February) when it will shift up again, probably break £20 on (or in anticipation of) year end results. The Company, currently, has between 1.5 and 2% of the UK utilities market. The Company has an ever expanding, enthusiastic team of independent distributors who are amply rewarded for results, (and who therefore deliver the goods) and the CEO believes that 15% of the UK market is achievable. (less than 8% should put the Company in the FTSE100) The company has secured a 20 year energy deal which enables it to be both more competitive and more profitable (and triggered the last hike in s.p.) Lower energy prices will be announced this month. This is a long term hold and will just run and run and run.........
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