By Steve Moore | Monday 17 February 2014
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.
Telecom Plus (TEP), which trades as Utility Warehouse and is the UK's only fully integrated provider of a wide range of communications and energy utility services, has updated that “we remain confident of reporting full year profits in line with consensus market expectations” following a “continuing strong performance of the business”. However, with the shares at 1811p, up from sub 1250p as recently as October, is this all (more than) discounted in a share price that is now a joke?
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