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Telecom Plus - continuing strong performance, but already in the share price?

By Steve Moore | Monday 7 April 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.


The UK’s only fully integrated provider of a wide range of communications and energy utility services, Telecom Plus (TEP), has reported a “continuing strong performance of the business” during the final quarter of its year ended 31st March 2014. It went on to say that “notwithstanding reduced levels of energy consumption by customers during what has been an exceptionally warm winter… profitability for the year to 31 March 2014 remains in line with consensus market expectations”. But what does this mean with the current share price trading at 1780p.

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