UK 20:26 Friday, 9 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in fully listed Telecom Plus (TEP) seem to have fallen off a bit a cliff over the last few weeks. I’ve not seen anything terrible in the way of RNSs to explain it and although falls in the wider market would contribute to weakness a 20% drop seems hefty. But I did turn up something at Companies House which I think the company should explain.
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Comments
Duck and Dive
Thanks Nigel. Nice work.
filthy lucre
What does extolling the virtues of a bag of crisps have to do with it?
SteveSi
I have often wondered about TP. They offer significant incentives to their customers if they switch over more services to them, there are discount incentives offered if you introduce your friends to them and shareholder incentives too. They encourage people to sell TP to others in return for quite substantial benefits (they get a %age of the other customers payments) . The payments/benefits have always seemed rather too generous to me (considering their rates are very competitive). I have always wondered how they can actually afford to do this?
http://www.theguardian.com/money/2009/dec/05/utility-warehouse-telecom-plus-distributor