TEMPLETON EMERGING MARKETS INVESTMENT TRUST PLC (TEM)

Templeton Emerging Markets held its Annual General Meeting on the 20th July at Stationers Hall in the City of London. The company has a good long term track record with investment management being led by the well-known Mark Mobius. As usual he gave an amusing commentary on the world investment scene. Baldness is no doubt a sign of wisdom as well as experience I keep telling people. There were about 100 shareholders present – a good turnout as usual. The Chairman, Peter Smith, ...

Telecom Plus Plc, which trades as the Utility Warehouse, provides a range of services to households and SMEs giving clients the convenience of a single monthly bill combined with savings on the cost of their utilities. Telecom Plus posted pre-tax profits up 12% to £30.7m on revenue up 12.6% giving earnings per share for the year of 33.8p. The share price is up at 858p which is a rise of 27% over the year; although interestingly after a broker downgrade today ...

On the 22nd July I attended the Annual General Meeting of Templeton Emerging Markets Investment Trust Plc (TEMIT) - 12.00 am in Stationers Hall in the City of London. There were about 100 shareholders present so the room was pretty full. The meeting commenced with a presentation from Mark Mobius, who has been the fund manager of this trust for many years. He is both short and bald but he gave a vigorous and high quality presentation using powerpoint slides. It proved ...