Utility Warehouse (Telecom Plus) Discussion

1carminestocky

Bad press? Where?

kippen_noedel

1carminestocky wrote: »

LOL. It's all kippen's fault, Gov. He suggested the change.
Highlights
* Customer numbers 302,360

* Distributor numbers almost 30,000

* Dividend guidance for current year 22p (2009: 17.5p), an increase of 25%

wow over 10 customers per distributor :rotfl:that is definately a family and friends club.

but I don't care about that,,,, just pay me the Divs :j

1carminestocky

kippen_noedel wrote: »

wow over 10 customers per distributor :rotfl:that is definately a family and friends club.

but I don't care about that,,,, just pay me the Divs :j

Knowing how apathetic some of the GBP are, I would imagine there will some distributors with just one customer - themselves! It certainly is a remarkably cheap way of marketing. This company send out 300,000 paper bills each and every month and I'm betting their computer system probably cost a tiny fraction of the HALF A BILLION POUNDS that BG paid for their (non-functioning) system. Very well run company, Big 6 take note. Maybe if the MD of each of the Big 6 was also the largest individual shareholder in the company they would be run on similarly prudent lines.

NigeWick

nick_w79 wrote: »

Since reading all the bad press about them I decided to cancel my application.

What bad press is that? The detractors here or somewhere else? If elsewhere, would you mind letting us know exactly please.

Maz

NigeWick wrote: »

What bad press is that? The detractors here or somewhere else? If elsewhere, would you mind letting us know exactly please.

Maybe it was the famous impartial consumer magazine's surveys that voted UW as Best Buy for gas, elec, broadband, telephony and customer service. Or, maybe it was the Financial Times voting UW(Telecomplus) as 'Company of the Year' :rolleyes::D

jimexbox

Maz wrote: »

Maybe it was the famous impartial consumer magazine's surveys that voted UW as Best Buy for gas, elec, broadband, telephony and customer service. Or, maybe it was the Financial Times voting UW(Telecomplus) as 'Company of the Year' :rolleyes::D

How many people voted for UW in which magazine again?

Plushchris

Maz wrote: »

Maybe it was the famous impartial consumer magazine's surveys that voted UW as Best Buy for gas, elec, broadband, telephony and customer service. Or, maybe it was the Financial Times voting UW(Telecomplus) as 'Company of the Year' :rolleyes::D

Or maybe it was the article in the News of the world a couple of weeks ago that called UW "greediest of all the energy companies"

Maz

Oooooh, the detractors don't like positive UW press do they?

jimexbox

Maz wrote: »

Oooooh, the detractors don't like positive UW press do they?

Going to answer the question......?

Cardew

Maz wrote: »

Maybe it was the famous impartial consumer magazine's surveys that voted UW as Best Buy for gas, elec, broadband, telephony and customer service. Or, maybe it was the Financial Times voting UW(Telecomplus) as 'Company of the Year' :rolleyes::D

Who has ever disputed that UW have found a winning formula for making high profits - as the performance of their shares proves.

Since when has the performance on the stock market been an indicator of value for consumers? In fact they are often mutually exclusive!!

UW's success on the stock market is because they have found a niche of using 30,000 people to sell some of the highest priced gas and electricity to unsuspecting friends and family using sales methods that can be questionable at best and at times disgraceful.

The Which survey where 30,000 distributors, friends and family, all with a strong financial vested interest can have the opportunity to vote, is totally meaningless and discredited.
Bear in mind that this survey was on gas and electricity and just about the most expensive product on the market got top marks for value! A joke!