Its the beg. of a new strategy, let the new telesales guys become familiar with the areas and start to build, like many have said easier to sign up in an established area
For those moaning about new addition +1's, Dish are spreading everywhere as a foundation, once they spread to all regions they can then focus on building volume on all the bases...
Share nicely thanks for your comments, your comments from October below do you believe this can still go back to the highs?
It's a case of waiting and seeing! None of us can say any more than that. I am as confident as I can be that there is no downside risk from where we are, come final results day. This will not stop impatient traders from selling out if the SP does not move upwards soon, but that's traders! That's their choice, and probably their loss. If we hit eps of 7.5p to 8.5p next year, the SP should be sitting at a minimum of 150p. at that time and place.
I'm happy to sit here for 12 to 18 months (unless any negative news breaks to change the story). After all, it's a 50 - 60% return to the upside and little risk downside.
The reason is the brokers thy have ruined the sp, over inflated broker forecast was missed, Cenkos forecast was for £13m adjusted EBITDA whereas this update implies only £10.7m actual, so it looks like a significant miss.
Email management and ask them to speak with brokers, constantly overvaluing and downgrading the SP...