The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Anticipating positive results on 20th, maybe see a rise leading up to it too. Expecting strong growth from this niche operator.
Lots of acquisitions in their core sector, two today! SP not moving as much as I would expect ...
I'm out at 750 Solid company but I'll consider going long again when the share price stops sliding! May even short it lol
I judged this was the bottom of the bounce too. But in case its just on its way down to 140 I put a tight stop on. We'll see! In at 161.94 Stop 150 Target 180
Steady price decline from 75p at listing to 30p now. Recent director buys a tiny proportion of his total holding. ?
Looks a good spreadbet short candidate for the next month then we'll see if the report holds any clues for after that. Maybe all this investment they've been doing will turn things around.
Why do you say that?
This company deserves its premium listing on the stock exchange and its consistently glowing Which magazine reviews. The market seems to be finally realising the power of consolidating all the major telecoms and energy services with one company and rolling lots of discounts in with it. So happy with this share's performance of late. Am thinking of taking profits and putting the deposit down on my first house I've had that much capital gain!
Awesome news. Well happy with that. I've successfully invested in network marketing companies before and I've noticed there's nearly always failed distributors posting nonesense about the parent company on public forums like these. Are you a failed distributor Simples?
Maybe he's shorted them? Haha.
Its the bulk buying of the energy for example and the nil advertising that makes them able to afford the discounted services but as the previous poster put the cashback partners pay cashback card and online discounts. Smart.
Have you taken a proper look at this? They've not even 2% of the UK market, even with no churn how is that saturated? :/ True according to their accounts roughly a quarter of their profits go to the distribution channel but their network marketing route to market is so much more cost effective in long term strategy to gain market share than conventional advertising they are still operating sustainably. I have no problem keeping 40k worth of shares in this. "All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." Arthur Schopenhaur.
Dude, an asset is something that makes you money while you own it. A building you occupy doesn't. This company's head office or your home for example. Simples, have you looked at TEP properly outside their balance sheet? I think you need to look outside the conventional view of assets on this one. Their customer proposition heavily incentivises people to go multiservice. A four service customer taking a combination of gas, electric, phone, broadband or mobile phone is retained for 4.5 years vs the traditional 40% churn rate of the other mainstream suppliers. Average customer spend is £150. I'd say a highly loyal customer base of 1.5 million. Ave services taken keeps rising up. Getting on for 4 now balancing out the single and double service customers retained from the company's early days. The other 'invisible' asset is their distribution channel. 97% of their customers said they would recommend them in a survey of 1600 of their customers. This with their plethora of Which magazine recommendations means they're very recommendable! Word of mouth recommendation is carrying their growth. Very happy with capital gain and dividend with these. Fully expect £10 before their national conference in March.
Well happy with these. Steady paper gains, nice dividend on the way in January and just got my annual 10% shareholder's discount on my personal Utility Warehouse statement. Cost of invoice: £147 for 7 services. Total credits this month: £198 :D
Hi Simples, Tried to PM you but can't find how to do it - does this site have that facility? Anyway, you can email Telecom Plus about shares at shareholders@utilitywarehouse.co.uk Just looking TEP this morning. Broke the £9 barrier for the first time? :) HTH.
Ha ha it removed my link. yourchanceto dot co dot uk
Not sure why price is slipping :/ Their annual conference happens at the end of the month and I know they usually save big announcements for that. Should be some correction in the trend closer to the time. BTW I just found out Telecom Plus do something called a Shareholder Discount Plan where if you have more than 1500 shares they give a 10% annual rebate on whatever you spend with them on your fixed/mobile telephony and energy at home as a thank you for investing in them! I've been a customer for ages and my distributor just told me about the scheme when I told her I was a shareholder. She helped me register for it a few days ago - well pleased :) Apparently its available to everyone not just their salespeople. I expect most of you will know someone who works for them already so ask them about it. I'd recommend going through my 'distributor' if you don't know anyone. She's lovely and says she can help existing customers register for this if they qualify and welcomes new customers too so they can then get the discount. Her site is www.yourchanceto.co.uk