TPM TPG Telecom

[kura]

As a holder of TPG, I suspect my shares will be worth less than last quoted price, once they resume trading next Tuesday & market digests their rights issue.
To me it is a significant disruption to existing teleco players (TLS shareholders didn't like the news much ) I don't know if I should exit & run for the hills, or praise the CEO for his "balls" & take up my entitlement.
This is the stuff that makes investing interesting.

[Joshuatree]

Yes, i skimmed over the threads.Execution risk of building a new network just the beginning.Re 750,000 to 1,000,000 new customers will need to be poached or switch over. a giant gamble over some years.

[Joshuatree]

Wow , the CEO David Teoh is putting re $138 million of his own into this raising!!. Thats belief!! Washington H Soul patterson taking up their full rights also.

[hardt]

Has a great track record and huge developments incoming to drive growth for the foreseeable future, I don't see why they would not be able to continue doing well.

Great upside here for a long term holder, waiting for a good entry as the bears are busy with this one... this stock is black and blue.



TPG TELECOM
FY13A
FY14A
FY15A
FY16A
FY17F
FY18F
FY19F
FY20F













Corporate telecommunications revenues [$m]
233.7
405.4
641.9
654.6
678.2
720.1
811.7
918.5


* Average network-related costs as a proportion of retail telecommunications revenues [%]
38.80%
39.70%
42.40%
39.20%
39.00%
39.00%
39.00%
39.00%


* Average other operating costs as a proportion of retail telecommunications revenues [%]
18.50%
21.30%
20.00%
19.70%
19.50%
19.50%
19.50%
19.50%













Retail telecommunications revenues [$m]
480.3
563.2
628.1
1733.2
1845
1920
2376
2700


Average number of retail broadband customers [#000's]
633
710
785
1836
1911
1960
2400
2700


Average revenue per retail broadband customer
760
794
800
950
965
980
990
1000


* Average network-related costs as a proportion of retail telecommunications revenues [%]
49.40%
52.10%
49.10%
52.40%
50.00%
50.00%
50.00%
50.00%


* Average other operating costs as a proportion of retail telecommunications revenues [%]
15.10%
11.80%
12.70%
18.50%
20.00%
20.00%
20.00%
20.00%













Operating EBITDA generated $m
269.2
360.8
480.1
773.3
835
875
1050
1200