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Telecom plus PLC Add to portfolio

LON250:TEP, Sep 21, 03:35 UTC

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Thursday, August 22


News

Telecom Plus can handle a recession

TEP

With fears of a coming recession intensifying, it is time to consider adding shares to your portfolio of companies whose revenues hold up well when the economy sours. Even as consumer budgets are squeezed, they are not likely to cut back too much on things like light and heat, hence utility companies are good bets in recessions. Telecom Plus (LSE: TEP) sells a diverse mix of gas, electricity, fixed-line and mobile telephony, broadband, home and boiler insurance and installation to both residences and business, and has no significant foreign currency exposure. Creditworthy, higher-spending members are recruited by TEP’s network of partners who are remunerated for signing up new members and also receive a share of the revenue generated. Fair long-term pricing, discounts for bundled services, and a single monthly bill, along with other benefits, retain customers better than striving to offer the lowest introductory fixed tariffs.

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  • Business
  • Financial

Monday, August 19


News

Telecom plus (LON:TEP) Stock Rating Reaffirmed by Peel Hunt – Mayfield Recorder

TEP

Telecom plus (LON:TEP)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a research note issued on Monday, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Telecom plus in a report on Wednesday, May 15th. The business’s 50-day simple moving average is GBX 1,349.12 and its 200 day simple moving average is GBX 1,424.27. Telecom plus has a 12-month low of GBX 995 ($13.00) and a 12-month high of GBX 1,542 ($20.15).

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  • Business
  • Financial
  • Science

Friday, July 12


News

Telecom plus PLC (LON:TEP) to Issue Dividend of GBX 27 – Sundance Herald

TEP

Telecom plus PLC (LON:TEP) declared a dividend on Tuesday, June 18th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 27 ($0.35) per share on Friday, August 2nd. Shares of TEP stock traded down GBX 16 ($0.21) on Friday, reaching GBX 1,380 ($18.03). Telecom plus has a 1 year low of GBX 995 ($13.00) and a 1 year high of GBX 1,542 ($20.15).

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  • Business
  • Financial

Saturday, July 06


News

Telecom plus (LON:TEP) Stock Price Passes Below Fifty Day Moving Average of $1,469.76 – Tech Know Bits

TEP

The stock has a 50 day moving average of $1,469.76 and traded as low as $1,404.00. Telecom plus shares last traded at $1,410.00, with a volume of 51,550 shares. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Telecom plus in a report on Wednesday, May 15th. The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 22.32.

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  • Business
  • Financial

Thursday, July 04


News

Telecom plus (LON:TEP) Share Price Passes Below 50 Day Moving Average of $1,469.76 – Sundance Herald

TEP

The stock has a 50-day moving average of $1,469.76 and traded as low as $1,404.00. Telecom plus shares last traded at $1,410.00, with a volume of 51,550 shares trading hands. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Telecom plus in a report on Wednesday, May 15th. The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 22.32.

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  • Financial

Friday, June 21


News

Numis Securities Reaffirms “Buy” Rating for Telecom plus (LON:TEP) – Rockland Register

TEP

Numis Securities restated their buy rating on shares of Telecom plus (LON:TEP) in a research report released on Thursday, June 13th, ThisIsMoney.Co.Uk reports. Other equities research analysts have also recently issued research reports about the stock. The company has a debt-to-equity ratio of 22.32, a quick ratio of 0.62 and a current ratio of 1.30. Telecom plus has a fifty-two week low of GBX 995 ($13.00) and a fifty-two week high of GBX 1,542 ($20.15).

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Topics:
  • Business
  • Financial

Wednesday, June 19


News

Telecom plus (LON:TEP) Given “Buy” Rating at Peel Hunt – Sundance Herald

TEP

Telecom plus (LON:TEP)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Telecom plus in a report on Wednesday, May 15th. Telecom plus has a fifty-two week low of GBX 995 ($13.00) and a fifty-two week high of GBX 1,542 ($20.15). The company has a debt-to-equity ratio of 22.32, a current ratio of 1.30 and a quick ratio of 0.62.

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Tuesday, June 18


News

Utility Warehouse owner Telecom Plus gains customers

TEP

Utility Warehouse owner Telecom Plus attracted higher numbers of customers last year, as the company said it was poised to take advantage of the “challenging” energy marketplace. The firm, which supplies mobile and landline services as well as gas and electricity, saw revenue rise 1.5% to £804.4 million in the year to March 31. The company said this was partly down to higher confidence among its “partners” – customers who recruit new sign-ups through word of mouth. Chief executive Andrew Lindsay said: “Partner confidence built steadily during the course of the year; this manifested itself in higher levels of activity and an acceleration in the numbers of new partners joining the business, which in turn drove faster growth in both customer and service numbers.”.

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News

UPDATE 1-Telecom Plus annual profit rises, more customers sought its services

TEP

UPDATE 1-Telecom Plus annual profit rises, more customers sought its services. June 18 (Reuters) - Multi-utility supplier Telecom Plus Plc reported higher annual profit on Tuesday as more customers continued to chose its services despite a price cap put in place by Britain's energy regulator. The company, which provides mobile, gas, electricity as well as landline and broadband services, said adjusted profit before tax rose 3.7% to 56.3 million pounds ($70.55 million) for the year ended March 31, in line with the board's expectations. The utility industry was hit by a national price cap on energy bills, but Britain's Ofgem in February allowed suppliers to increase bills by more than 10 percent from April 1, after several of them complained that the cap was initially set too low. However, Telecom Plus said it remains sheltered from the full impact of the price cap under its wholesale supply arrangements with npower and is encouraged by the "modest improvement" in its competitive position.

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News

Telecom Plus annual profit boosted by more customers

TEP

Telecom Plus annual profit boosted by more customers. June 18 (Reuters) - Multi-utility supplier Telecom Plus Plc reported higher annual profit on Tuesday as more customers continued to chose its services despite a price cap put in place by Britain's energy regulator. The company, which provides mobile, gas, electricity as well as landline and broadband services, said adjusted profit before tax rose 3.7% to 56.3 million pounds ($70.55 million) for the year ended March 31. ($1 = 0.7980 pounds) (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Bernard Orr). What to read next.

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