Telecom Plus Director buys stock after strong January trading – MoneyWeek

InFebruary,thegroupsaidthatcustomernumbersforthefirstninemonthsofitsfinancialyear,whichrunstotheendofMarch,areaheadby31,180,andservicenumbersforthesameperiodareaheadby151,032。

Theserepresentannualisedgrowthratesof11%and17%respectively。

Ontopofthegrowthincustomernumbersthegroupisseeingcustomerstakingmoreservices,onaverage,fromthegroup,withtheproportionofnewcustomerswhoaretakingatleastfourservicesfromthegroupexceeding50%inrecentweeks。

Thistrendcanbeexpectedtodrivebothhigheraveragerevenuepercustomerandlowerchurnoverthemonthsandyearsahead。

TradinginJanuarywassolid,withdistributoractivitylevelsupsharplyinJanuaryafteranumberofinitiativesintroducedattheendof2011。

Thestockhasgainedover36%,or170。

50pinthepastyear。

OnThursdaysharesroseby4。

48%to641。

00p。

TopDirectorBuys

TelecomPlus(TEP)

Directorname:MrJulianSchild

Amountpurchased:10,000@610。

50p

Value:£61,050

WesthouseHoldings(WHL)

Directorname:MrGarthMilne

Amountpurchased:115,002@45。

00p

Value:£51,751

SnackTime(SNAK)

Directorname:MrMichaelJackson

Amountpurchased:125,000@40。

00p

Value:£50,000

TelecomPlus(TEP)

Directorname:MrJulianSchild

Amountpurchased:5,000@612。

00p

Value:£30,600

SnackTime(SNAK)

Directorname:MrBlairJenkins

Amountpurchased:50,000@43。

00p

Value:£21,500

SnackTime(SNAK)

Directorname:MrIanForde

Amountpurchased:50,000@43。

00p

Value:£21,500

WesthouseHoldings(WHL)

Directorname:MrChristopherGetley

Amountpurchased:40,000@45。

00p

Value:£18,000

WesthouseHoldings(WHL)

Directorname:MrAndrewBeeson

Amountpurchased:40,000@45。

00p

Value:£18,000

WesthouseHoldings(WHL)

Directorname:MrWilliamStaple

Amountpurchased:40,000@45。

00p

Value:£18,000

PursuitDynamics(PDX)

Directorname:MrJeremyPelczer

Amountpurchased:15,000@84。

50p

Value:£12,675

NR

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