I'm assuming that there will be a Tory majority government.
The best thing to look at is NOT the polls, but the bookies. Remember, the bookmaker never loses. And the odds for a conservative majority are odds on.
With that in mind, I am hoping that the market has been prudent with telecoms companies and entertained the possibility of a labour or no majority government.
Therefore, assuming the bookies are right i.e. the Tories get their majority then talktalk along with BT et al. will increase significantly.
But lets not turn our attention away from the excellent half year results. The Talktalk strategy is delivering extremely positive results. I trust this management team. Its going in the right direction.
Its too difficult to say that FY19 will be better than FY18. But I know for a fact that H219 will be better than H119. You can see all the revenue that is going to be realised that is currently accounted for as deferred income (which wont go through the P&L).
I havent heard of any contract losses/expirations but then why would they tell us that.
All I know is that: a) The product is good - Celebrus is a market leader b) Management is clearly competent c) Company is going in the right direction with globalisation
I'm not too concerned. Its about how revenue and profit are calculated in line with accounting standards. because so much of D4T4's business is contract revenue there is strict criteria in terms of how this can be recognised.
we need to look past this and focus on the contract wins and renewals. I have no reason not to believe management's claims that HY2 will be stronger.