Jack_Walsh
22 Sep 2016
Smith - shorts Hi PS.Your TEP shorts can't be in great shape?The annual financing charge of 2.5% plus the inverse dividend of 4% must be costing you over £100 per month on your £20k (ish?) of positions.Also, just out of interest, why do you think that TEP should trade on a multiple of 9? Not only is this well below the long-term average of most shares (e.g. 14) TEP also has a business model that allows it to comfortably trade on a higher-than-average multiple.Just curious.
psmith64
21 Sep 2016
Re: You hit it smack bang on the head buylowe.That is why I believe this financial year it is a real possibility that customer numbers could drop when you see some of the deals for the average consumer. I myself saved over £ 300 per annum when I left Utility Warehouse.They really need to pull a rabbit out of the bag because with customer growth at the low from last year the SP really is looking pricey.A multiple of 9 would be more realistic hence I believe we will see this end up sub 700p after the 6 month update if it does reveal a drop in customers or snail pace growth as per last year.
chas11
21 Sep 2016
RE: £11 People will also notice many more paper bills, worse customer service,a deal that only lasts for a short time, and the likely hood that their provider will go bust as other than the big six all are trading at a loss.
buylowe
20 Sep 2016
Re: £11 If people start focusing on their finances this could be a bad thing as they will realise that they are paying to much for their utilities and leave
sfbrains
20 Sep 2016
Re: £11 Boom , Comfortably in £11.00 teritory now as predicted end of last month . Autumn is upon us and people's minds will start to focus on thier home finances again and so we should see daily ontake increasing until the general public start to focus on the C season I actually saw some mince pies last week, there should be laws !
sfbrains
15 Sep 2016
Re: Extra services means increase in rev... Two percent is a long way from saturation point but to temp the quality ids to do thier bit some cheque books are going to have to be opened
psmith64
15 Sep 2016
Re: Extra services means increase in rev... I equate the insurance market for Telecom Plus like the many companies over the years that tried to take on eBay at becoming the next online auction platform.Just as Telecom Plus has missed the boat regarding the major share of the big 6 defectors by using a part time sales force they have no control over who can only sell energy at way above the most competitive available from the comparison sites then I am afraid they are clutching at straws with the very mature market of insurance which again is mostly bought by us all using comparison sites.If as I suspect customer numbers have reached close to saturation with the possibility of a fall in numbers not out of the question after the dismal total customer growth last financial year then insurance is not going to be the golden bullet here.Get the energy prices right and then we could be talking a different story because the sales force will become highly motivated again knowing they can compete with the comparison sites.Not the best of shares for future capital growth as IMHO with growth where it is at present from the last financial year these are looking very pricey still.DYOR as ever.
sfbrains
15 Sep 2016
Re: Extra services means increase in revenue Trueshares, you know it's only just over 50% of new members that take all the services ,which probably translates into 50 percent of potential members saw a decent Id , if the new internal sales force they recruited last year focused on selling to existing members and not scamming the enquiries generated by the unwaged distributors then it would stand a greater chance of Sucess , my guess is that's how they started THIER training as a few of my less than 5 service customers were taking the extra services a few months back but that seems to have tailed off. If they continue on reliance of free leads provided by a route to market which they appear tp be in a race to the bottom on how little they can pay them then that will have inevitable consequences ie the source of people knocking on the company website door will disappear . Truth be known I don't think there is a massive rush to get on board with the shares right now it not like they have just struck oil ! I'm not saying any of what you say is a bad idea but ASDA as a CASHBACK partner trial is about a year old a trial is a trial some things come off and some don't insurance is a whole new ball game as all things are not equal we don't even know who the underwriters are yet if We knew that then we could better attribute a value to its likly sucess
true shares
15 Sep 2016
Extra services means increase in revenue Its good to hear that Telecom Plus are in the process of launching insurance to their customers as this can only mean more revenues and more profits for them. Starting with a trial on head office staff and then the distributors to make sure all is OK, then it will be launched to its customers, exciting. 4G mobile launching Nov with no additional cost, that's a win win for more customers as well.Buy now before you miss the growth in this stock and the good dividends or sit on the fence?Just my opinion 
sfbrains
14 Sep 2016
Re: Re: My guess is its passed them by but enough is enough I forgot to mention the referal system where they give half of the sign up commision to the customer which using proper accounting measures covers the cost of aquisition ie milage and whatever marketing one cares to do. if no one says anything then they will just continue , compliance is acceptance especially if one just says nothing like you said most find more fun stuff or more profitable enterprises. One needs to be fairly talented to make a resonable return in this game , for me winning the competitions had tipped the balance as its tax free bunce as far as I am concerned and the quality is something that I would buy for myself , the residual income is a bonus but personally I find nothing more offensive than be lied to bar being lied about . Anyway rant over . Am I still going to build my business , sure am I still going to clean up on the fab holiday competitions sure am I going put the extra effort in tough trading months to even out thier sales figures without an insentive and at half pay not on your nelly . The next time they attempt to reduce the value of my business which ive spent years building well you are all going to hear about it an of course if they chuck out a pay rise you will all hear about that too
psmith64
14 Sep 2016
Re: Re: So........ the penny has just dropped with you SFB.This has been on the cards for ages and who can blame them with the lack of net new gain customers the freelance workforce has brought in the last 12 months.Trouble is they have let all the other utility companies sneak in and pick up the the mass deserters from the big 6 while they have let a 45,000 part time workforce do as they like.....which is not much.That is the problem when you have little control over your workforce coupled with they just can't be competitive in the market place.I am guessing if you are feeling like you are SFB then many of the others will be to.
sfbrains
14 Sep 2016
Re: Re: I see the free led utilitywarehouse is up and running , that scams customers on the back of the activity of the network out of clients and thier rightfull dues has been fixed and the ID's extranet has'nt . That speaks volumes about the direction the club is being led away from distributors and into direct sales but " for free if we let them " They have already cut front line commisions this year by doubling the amount of time tennants are paid at half rate now to add insult to injury they are poaching business we drum up and shoving it in our faces by not giving our website header pages the same coverage , its about time there were a few emails directed to the head of the network to ask how low he thinks he can go and get away with it , my guess is not very far at all once the news it out there google free led light bulbs utilitywarehouse which is what your man in the street does that your extra activity is probably promoting and take a look for yourselves . I know psmith will think its a great move by the company as hes been saying that the company should go its own way . but as fellow ID's and share holders if you think shooting your sales force in the back will get you somewhere and alienating the bringers of the message the company is trying to propogate by the unwaged sales vehicle then drop them a line and join the cause
sfbrains
13 Sep 2016
Re: Re: psmith , if youd keep a little current on the site instead of just dreaming an old dream youll remember I give regular acurate new member ontake straight from h/o figures and as you say you have friends in high places you ARE able to verify them , instead you prefer to imagine ha at least your honest and say your posts are figmants of your imaginationso have to give you 10/10 for honesty on that score as for inteligent insight and investment quality of information they havnt invented a number small enough for me to actually give you a score for that so I will leave it up to your vivid imagination .Of course we all hope everyone makes a profit but following your recomendations has proved perellous to say the least , Having said all that some genius at head office has forgotton how to do a system restore and so two days business have been lost thus far so you never know anything can happen in this life but it certainly wouldnt be down to your insight as my customer numbers keep rising and every one of them saved money on thier current bils bar none
psmith64
13 Sep 2016
Re: Re: It just hasn't happened yet Ocean.When the customer numbers actually decline and I believe that could be a possibility during the current financial year then for sure we will see a large fall.You can't expect people to pay way over the top for their energy forever and not really benefit from the other savings in real terms as it is just a complex way of masking the high prices in the first place.There must be a few people sitting on good recent profits over a shortlist term if they bought in sub 800p....let's hope they don't get too greedy and get caught out like the many who never cashed out at 1900p +When this falls it will be quick and sharp I believe.All IMHO but as ever do your own research....and good luck if you do continue hold.
sfbrains
12 Sep 2016
Conference update Additional service , The possibleHome insurance to be trailed on staff and distributors let's see what comes of that ,it seems a natural progression and of course if it takes of expanding from 5 to six services is a 20% jump which down the line will mean a corresponding jump in share price so fingers crossed that it's well recieved in the market place .The highlight Continued focus on improving what's already there Mobile improvements although I get sporadic 4g ( I don't understand how as alledgedly I need a new SIM card ) apparently we are being upgraded which means I should get it most of the time and it's on the fastest network in the UK , The new map availability will translate into more business for sure in rural communities I am guessing a five percent increase in total services due to this alone on an ongoing basis and they are brilliant and just what the doctor ordered .The downsideAnd this is personal as an IDNo Autumn competition ( Christmas bonus ) I had planned to do some extra as in past years it has been very worth it I had already booked in some extra appointments in anticipation which will turn into sales that would not of occured but am not going to carry on the extra effort when the cold and rain set in and I am sure that will be repeated many times over and translate into less new business over what is a traditionally quiet time of year in the run upto Santa season so I see staff at head office twiddling THIER thumbs in THIER nice warm comfy offices and myself enjoying a little more time with friends and family as is right . We have to remember what's important and like many others im guessing will only Make hay whilst the sun is shining after all it's less profitable to put business in in low season so just the minimum ammount from me and many others THANKYOU very much
