sfbrains
25 Jun 2016
Re: Now are you IN? Oceansfree in or our is neither good nor bad , we are just 100% responsable for what happens from here on in so we get to write our own history anything anyone else says is all in the noise . So good bad or indiferent its all upto us work hard inspire confidence and if you dont have a job pick a little litter up and make the place look tidy we can all do our own little bit and it looks like the sales force have done thiers as new members up to over 260 per day again .tip on the side if and when another day of uncertainty comes to pass and you want to take a punt easy in and out is open up a trading account 
chas11
25 Jun 2016
CMA investigation into Energy Markets: Final report published Friday-Database to be set up by OFGEM requiring suppliers to give them details of all customers who have been on their default tariff for more than 3 years,which will go on a secure database. This will allow rival suppliers to contact people by letter and offer cheaper deals. Customers can opt out if they want from this exercise. Any comments on this from users of this discussion site?
oceanfree
25 Jun 2016
Share price Friday Anyone manage to buy when the price was sub 900 on Friday - I tried and couldn't get an order filled. The systems were just not working....I would have thought that Brexit was good for TEP.
sfbrains
24 Jun 2016
Re: Now are you IN? What an opportunity for everyone that was awake , We start a new chapter and how we go on from here as a nation is in all our own hands I hope that everyone will work an extra hour this week its what we do now that will set the course of our future we all need to work a little harder now and demonstraight to the rest of the world that this is the place to do business and get business done go for it
true shares
24 Jun 2016
Now are you IN? Now could be a good time to buy some more shares with the turmoil with the Brexi
sfbrains
23 Jun 2016
Re: Psmith (post repeated as buried) my post 26th march buylowe,Your phrase nagative new customers cant exist in this universe , whilst a share price can go up or down from 2p away the lowest number of new customers is 0 per day, new customers are still piling in at over 300 pd and yes churn will be the factor and I have given my estimate for that already , even with lower customer numbers the numbber of services supplied can still go up as the quality of the members increases as does the length of time that they stay , and the proof is that dividends can only be paid on profits and that number has up until now been progresive ;-0 .Lo and behold £10.06 breached if it holds tomorrow I think we are onwards and upwards to 11 12 again
sfbrains
23 Jun 2016
Re: Share price well said , its one thing to be pasionate about your ford capri , but where hard cash is involved it often proves disaterous
Jack_Walsh
23 Jun 2016
Re: Share price I quite miss Mr Smith!He's passionate about what he believe, which I can respect.
Jack_Walsh
23 Jun 2016
Re: Share price I quite miss Mr Smith!He's passionate about what he believes, which I can respect.
sfbrains
22 Jun 2016
Re: Share price Summer slowdown june figures are in at 260 new members per day which is a tad under the 100k per year or 30k new member growth but at record number of services each , longest day of the year today so the nights are starting to draw in again and as we head into the shorter days peoples attention will be switching away from holidays and back to bills , so imho just faster growth to look forward to from here on in its downhill from here on in as far as new member growth is concerned for the rest of the yearGL all
sfbrains
22 Jun 2016
Re: Share price lol Jack , never say never is quite right as eternity is a very long time and far to long to hold a short for but we wont be hearing from psmith for a bit thats for sure which is a shame because it makes the share chat very uninteresting for everyone when all are of the same mind
Jack_Walsh
22 Jun 2016
Share price It's recovered and exceeded the pre-results price.Interesting.It doesn't feel as though it will fall significantly from here. £6.00 in my view is looking unlikely (but never say never!).
sfbrains
16 Jun 2016
Re: results Psmth One swllo doesnt make a summer , and market reaction to the trading statement and subsequent conifmation on final results this week has been uneventfull to say the least as you say the proof is in the price and since the release of the the price has gone up if anything £1.30 from £8.20 a 15% plus gain in a couple of months still you were on the right side of the fence in 2014 but that was a long time ago . Insurance is all about numbers and customer service who knows where it may lead the members will decide for themselves , if youd have had to pick one of the independent energy suppliers back back in 2000 you would have had 21-1 odds and lo and behold its the only one left and in the ftse 250
psmith64
16 Jun 2016
Re: results Well whatever you say and think the market has acted accordingly to the results and many decided wisely to not hang around.Many over the years have attempted to knock eBay off its perch and if they think they are suddenly going to get a foothold in pet insurance and car insurance then just take a look at how many take a mobile.........not even a drop in the ocean and the revenue from it will be insignificant.The only thing that can save TEP from the ravages I predicted back in September 2014 where I predicted sub 1000p is to be competive in its major market of energy.At the current time over 400,000 of its current customer base are on tariffs way above the cheapest available keeping its profits where they are at the moment but as the churn proves these less sticky customers are starting to find that out and newer customers are going elesewhere as proven by lack of take up from the big 6 defectors.It could well be the first year TEP see a reduction in its customer base......churn of 13% = circa 77,000 customer losses if it can put the brakes on it's accelerating churn.Doesn't take anyone with a maths degree to unravel that from the report that overal customer growth is going to be a close call. I doubt the brakes will go on churn with it at risk of loosing so many less sticky customers to the substancially better deals out there, coupled with another fall in customer spend per head a real possibilty as more customers benefit from energy saving measures which can only erode the bottom line figures.Lets hope a few of their " Maybes " come in.Anyway back to enjoyment away from the board as was the case before there was any new news worth discussing.See you in 6 months time or sooner should we have a profits warning to discuss as things unfold.......has to be a real posibility this time.
oceanfree
15 Jun 2016
Re: results Lots of errors in your comments as usual Psmith“Dividend cover is far too high at present SFB......leaves around £ 4 million for reinvestment back into the company from net profits.”Presume you mean dividend cover is far too low! Anyway, you should know that dividends are paid out of cashflow not profits. Net cashflow from operating activities in 2016 was £54M - and dividends cost £34M – so not as tight as you make out. “Be interesting to see if Standard Life offload another tranche” – not really as someone else is buying the shares they sell. The number of shares doesn’t change.“I can't see that the company justifies a P/E greater than in the range of 9 - 10.” Well give us a list of all the other FT250 companies that are capex-light profitable service businesses with a good dividend available on a PE below 10. There will be none - and by some margin. P/E multiples are higher than they used to be whilst interest rates are so low. You may not think they are justifiable - but the rest of the market disagrees.
