psmith64
11 May 2016
Jack.....one last chance To gain some credibility.Prove you invested £ 10 K here last April and £ 10 K in Next this April and you will start to get some respect.Until then like many on these BB you just use the same large figures to impress and make out you are a high roller when you are nobody playing with a few thousand at most where a £ 1 K punt is about your limit.Until you provide the proof of what you don't mind spreading about on a public BB then you are a liar and a fake.Do you know how to use dropbox ?
psmith64
11 May 2016
Re: Jack...... OK Oceanfree......lets try again then.In a few weeks time should I wish to post a note of caution I can do so without being abused then ? Jack started a lot of this off by making assumptions such as I was still invested in Next effectively trying to be clever in mentioning he had bought in at 5185p......what he never realised was I had sold out between 7700p - 7900p and recently started to buy back in the 5000p - 5300p range and of course I had to proof to back that up.It wasn't luck it was the same as my philosophy for a lot of my investmemts - protect decent profits. When I get over 100% in front I protect it.If you and the others can be more respectful then things will get back to normal.The choice is yours.
sfbrains
11 May 2016
Re: Psmith (post repeated as buried) someone happy out cest la vie , what you havnt highlighted is those that sold below £8.00 on your sell recomendation for balance , we always listen its not the same as always taking you seriously 
oceanfree
11 May 2016
Re: Jack...... "I doubt I posted more than a few times during January and when I did things seemed calmer." There you go - you said it yourself. Its the constant stream of negative bilge you pump out that upsets me and others. Its what makes us think you are either mad or have an strange ulterior motive. There are people working hard for this company trying their best, there are distributors going out daily to do business and investors with their pensions tied up in this thing. And you making yourself look smart by belittling them hourly.A few realistic posts, and yes they can be negative if thats your opinion, will go down fine and can go usefully into everyone's research pot. 10 self-aggrandising negative nasty posts a day on a recycle loop swamping the board - and you will get discredited in case anyone gives them disproportionate importance.
psmith64
11 May 2016
Re: Psmith (post repeated as buried) There you go Oceanfree........someone whi has come out of the woodwork, a long time hoder who wished he had taken on board my caution instead of listening to you.I doubt you will comment on that because it is not what you wanted to hear is it ?
psmith64
11 May 2016
Jim Slater....... Just these few lines from Jim Slater is what saved me from disaster with this share....." he encourages investors to do their own digging, to read between the lines and interpret information in a way that will give them an edge "I never took any notice of the TEP reports........I did my own digging hence I bailed out at 1700pI owe him a lot over my time as a Private Investor.......anyone would do well to read his book " The Zulu Principle details below:-[link] it or not Oceanfree as much as you disagree speaking to people on the gorund is often a mine of great information. With Next some conversations I had a few years back with some next employees made me a substantial sum of money.You can abuse me as much as you like over my investment style Oceanfree......you may think a lot of my success like making 100% out of TEP in a short space of time is down to luck but as much as you hate to acknowledge it digging a little deeper does give you an edge.....Jim Slaters words not mine.
psmith64
11 May 2016
Re: Put him on Ignore ..... No SSSW - he will post in normal quantity when abuse and childish posts stop.That is up to the usual suspects on the board.
psmith64
11 May 2016
Re: Jack...... In answer to my previous view you are correct in bringing to the attention of the board that was prior to the effects of the NPower deal.Things have changed dramatically since then regarding UW being competitive so I am entitlied to my view.I am of the opinion the SP is artificailly high at the moment because the company are not reporting enough caution.I knew the customer numbers 18 months ago were going to take the course they have. It didn't taake a lot of working out in my position. I shared the caution I could see ahead but they haven't been up front enough in the reporting for my liking, Very wooly.You say the people at the top know how to run the business in the bestt way but that is very blinkered. Sometimes they are too close to stand back and take a look from another angle.You should watch " Undercover Boss " where some far larger companies chief execs have taken on board ideas from those at the bottom and implemented them.Representing an FTSE 250 company among tat at a car boot sale is not a good idea in my view as this is often the first time people see UW......yet they turn a blind eye to it. That needs to stop.When you take on a McDonalds franchise you don't have to sell 5,000,000 burgers before they award you your golden M they give it to you straight away so you can make your business visible. In UW you have to wait before you can get a liveried vehicle........there are 750 on the road at the moment which is like looking for a needle in a haystack among the 35,000,000 vehicles on the road. There could be a lot more as many are prevented from advertising their own business in this way. Thats just a couole of valid examples where things could be changed for the better.Sometimes those at the top do need to listen you have to forget about the ego for a moment and accept maybe you have overlooked something.
psmith64
11 May 2016
Re: Jack...... No Oceanfree it doesn't mean I am going to be right in the future but I am not going to be hounded off this board by someone like you when I feel some cautoin still needs to be expressed.These boards are for sharing views either way.You and your gang started all this by being childish and abusive so if there is a grudge it is with the posters here. You will never know how this board could have turned out because it is too late for that. You could see how it pans out in the future if you and and the others start acting like adults. Just have a look at what some of what Jack has posted in recent times and you see what I mean.As for bragging........I only wanted to stop your abuse when you didn't believe I could deal in £ 30 K trades in one share.......i.e this one as that is what I held here in better times. I don't tell lies as many do on these boards. Like I said previously I have respect for your ability as a private investor but you have to accept some ( quite a lot ) of the responsibilty for the outcome of this board due to abuse and verbal bullying. You chose the wrong person there Oceanfree.You have seen when the abuse cools off then I disappear but the reappearance of Jack this last couple of weeks seems to have started it all back off.Stop being nasty and things can get back to normal. I doubt I posted more than a few times during January and when I did things seemed calmer.It can get back to that if you allow and allow others to have a different view without abuse.The choice is yours.........
oceanfree
11 May 2016
Re: Jack...... About 2 years ago, when the price was rising, you were tipping the shares to go to £35. So that was wrong. After the price started falling, you tipped them to go to £12 or was it £10 and now £6. So at some stage that was right - although my impression is you flex timescales retrospectively to suit outcomes and allow yourself and no one else to change your mind. About a year ago, when the price got down to £7ish - you did not see this as the effect of the election (and the leakage fraud issue) and since then have been wrong(ish) so far on the general rise back up to the £10 +/- 2 holding pattern over the last year. So in retrospect your caution was right for a while. So what? I was cautious about Tesco - should I have gone on the Tesco board and posted 3000 times there over 2 years saying I wasnt investing in it. Lots of other people's pension moneys screwed on that one.And if you have been proved right for a year - does it mean you will be right on TEP in future,? No. Or right on anything else? No. It just doesnt work that way. In 3000 posts, I dont think you have used any valuation technique that would be recognised as smart by any investment professional. At the best it looks like you try to sense market momentum and vibe. At the worst, it looks like you have very nasty ulterior motives to spend so much time willing TEP to fail.
psmith64
11 May 2016
Oceanfree , Jack..... This comment posted last month is the type of thing you should be homing in on.Many don't know this board exists but I would think there are more people about like this who feel cheated from the company you could recommend to your mother......excactly the reason why I couldn't recommend to family and friends at the moment.....[link]
psmith64
11 May 2016
Re: Jack...... One thing you just can't acknowledge is my caution the last 18 months has been proved right by the passage of time.Until TEP can prove it can continue to grow to warrant the current P/E then to invest is a bigger gamble than it needs to be.
psmith64
11 May 2016
Re: Jack...... Lethargy I would agree is the biggest reason why the big 6 still have a major foothold.I believe people are waking up though and that is why TEP needs to look at their prices ( and that may need a review of margins, distributor fees and dividends )At some stage if they are going to remain in the game and achieve the 1,000,000 customer target the tariff reductions will need to be part of the mix otherwise I believe the company is close to reaching maturity and this is why currently I am cautious about re-investing just yet.As you will have noticed in the wider press even niech brands like John Lewis / Waitrose have had to be more price sensitive which means less partnership bonus ( dividend ) which has reduced from 18 % to 10% over recent years.Sorry Oceanfree I don't accept your take on things because I don't think you look at the wider view and that is key to making better investment decisions with less mistakes.You are obviously happy with the 1900p to 960p SP reduction and severe slowing of new customer take up in a sector where droves are leaving the big 6 with not many now taking up the UW offering.This obviously tells me a different story to the one you want to believe.Lets see what time brings us over the next 12 months.
oceanfree
11 May 2016
Re: Jack...... If the energy market is very price sensitive, how come the big 6 suppliers have 75% market share when there are lots cheaper? Credibilty, security, trust, marketing, personal contact, lethargy.. who knows. But you are trained as a quantity surveyor to worry about the price of everything - most other people consciously balance it with service, risk etc As far as feeling sorry for "people who invested their pensions and life savings" - well if they are still invested, you seem to be the one that is trying massively hard to crash the value of that investment just to say how smart you are.
psmith64
11 May 2016
Re: Jack...... Absolute rubbish Oceanfree. TEP supplies an invisible service which is very price sensitive not as dependent on customer service as you make out.As a homeowner of 30 years I have never had to call my energy provider once and BT just once over a broadband service issue.If these services were mainly based on customer service then the Big 6 and BT would have lost their footholds years ago.All the national publicity of the last few years has been regarding how the energy companies are over charging and to get the best deals the general public are being encouraged to check out their suppliers charges on a regular basis the same as they have been educated to do the same with car and home insurance. You would have to be a mug to accept your car or home insurance renewal quote from your existing provider.Yes you are right some people are loyal to a brand regardless of price and UW will have some of those customers.I believe using its current marketing method it has probably found its mass market now so personally I don't think it warrants a p/e greater than 9 or 10 at best.The next 12 months will be quite telling because 17,500 new customers from over 40,000 freelance distributors is very dismal and it is obvious to me this is purely down to price nothing else.UW has some of the best training and tools out there but if what you are selling is overpriced then it is to no avail as we are seeing and the most important people are getting disgruntled because it is costing them and taking more time.You can dismiss the above all you like Oceanfree but since the NPower deal happened whatever that has done to price the above is the consequence. I know because I have personally witnessed the change and seen and heard other things that you would know nothing about to draw me to my cautionary notes of the last 12 months.My sub 600p prediction may have been a bit early but unless something drastic is done to sort price issues out which is no secret......go and get yourself an energy quote off the UW site and then check out Martin Lewis energy or go to one of the other independents direct.They will have to come clean in the reporting at some stage and when they do that is the time you might just thank me.I don't really care about you Oceanfree as from what I have seen you can take a financial hit. A lot of people invested here can't because they have invested their pensions and life savings off of the hype.Those are the people I feel for because they can't afford to lose anymore since being invested for the first time at 1500p....1600p.....tes even 1900p +These companies that hide caution at the end of massive reports that the average investor never reads ought to be fined. They need to incorporate honest caution right under the good news they headline with then there might be more accuracy in the SP.
