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Started: LuckyBear12, 6 Oct 2023 09:54
Last post: 404x, 24 May 2024 08:15
Looks like I was right to call this a no-brainer at 45p. Good to see there are still these opportunities out there.
Seems a no-brainer at 45p considering decent update today, especially after that 74p bid - even if that didn't get voted through this time around.
Its in last nights RNS, possible takeover
Why this is rising
Started: piworld, 27 Mar 2024 09:15
Last post: piworld, 27 Mar 2024 09:15
Tribal Group CEO, Mark Pickett and CFO Diane McIntyre present results for the year ended 31 December 2023.
Watch the video here: https://www.piworld.co.uk/company-videos/tribal-group-trb-full-year-2023-results-presentation-march-2024/
Or listen to the podcast here: https://piworld.podbean.com/e/tribal-group-trb-full-year-2023-results-presentation-march-2024/
Started: Russ311, 23 Feb 2024 08:26
Last post: Russ311, 23 Feb 2024 14:48
Two news stories today from two news agencies and both appear to be incorrect. What's happening ?
The news article appears to me to have misinterpreted the RNS as I thought the original claim was closer to £6m. I have seen this before and the news article gets updated later but we'll see.
Looking at the exchange rate i.e. Singapore dollars to GBP it equals about £10.3m
I'm confused. The news article suggests that NTU have 'downgraded' the demand from £6m to SGD 17,511,651 (£10m). Can anyone clarify what's being demanded by NTU ?
Started: piworld, 29 Aug 2023 09:23
Last post: piworld, 29 Aug 2023 09:23
Tribal Group CEO, Mark Pickett and CFO Diane McIntyre present Interim Results for the six months ended 30 June 2023.
Watch the video here: https://www.piworld.co.uk/company-videos/tribal-trb-interim-results-presentation-august-23/
Or listen to the podcast here: https://piworld.podbean.com/e/tribal-trb-half-year-results-presentation-august-23/
Started: Russ311, 24 Aug 2023 10:13
Last post: Russ311, 24 Aug 2023 10:13
Started: piworld, 17 Aug 2022 15:15
Last post: piworld, 17 Aug 2022 15:15
Tribal Group CEO, Mark Picket and CFO, Diane McIntyre present half year results for the six months ended 30th June 2022.
Watch the Video here: https://www.piworld.co.uk/company-videos/tribal-group-trb-2022-half-year-results-presentation-august-2022/
Listen to the podcast here: https://piworld.podbean.com/e/tribal-group-trb-2022-half-year-results-presentation-august-2022/
Started: piworld, 23 Mar 2022 08:47
Last post: piworld, 23 Mar 2022 08:47
CEO, Mark Pickett and CFO, Diane McIntyre present full year results for the period ended 31 December 2021.
Watch the video here: https://www.piworld.co.uk/company-videos/tribal-group-trb-full-year-2021-results-presentation-march-2022/
Or listen to the podcast here: https://piworld.podbean.com/e/tribal-group-trb-full-year-2021-results-presentation-march-2022/
Started: Mrbadexample, 3 Jan 2021 11:35
Last post: Mrbadexample, 3 Jan 2021 11:35
Some impressive new contracts announced by TRB recently notably this one in SEA
https://www.investegate.co.uk/tribal-group-plc/rns/south-east-asia-contract-win/202012291134080157K/
Worth considering the scale of the opportunity in that region and the comment about this being their largest ever SITS contract win with associated incremental ARR
SP beginning to reflect a more reasonable valuation of solid operational performance and prospects despite current Covid related challenges in the HE sector
Last post: Pollack, 21 Oct 2020 19:25
For what it is worth my recently deceased father had a decent holding - pretty confident from his records he expected 100p before the year end - well structured and undervalued company - he wasn't often wrong - good luck
Last post: shandypants2, 13 Aug 2020 13:10
contract win too in addition to solid H1 results.
All looks good here. Hopefully 70p soon
Great H! trading numbers today considering impact of covid. Maybe your £1 prediction will belatedly come true!
Massively undervalued IMHO
Surely a pound is within reach. Everything new backed by Microsoft. Boom
Started: Mrbadexample, 8 Sep 2017 21:11
Last post: Mrbadexample, 8 Sep 2017 21:11
HALF-YEAR REPORT Thu 07 Sep 2017 07:00 RNS Number : 0413Q Tribal Group PLC 07 September 2017 7 September 2017 Tribal Group plc Half year results for the six months ended 30 June 2017 2017 2016 Change Revenue £44.2m £45.2m - 2% Adjusted operating profit 2,3 £5.0m £0.7m + £4.3m Statutory profit/(loss) after tax £1.6m £(2.6)m + £4.2m Operating cash flow £0.8m £4.6m - £3.8m Net cash £5.5m £5.7m - £0.2m Earnings per Share (diluted) 0.8p (1.8)p + 2.6p Operational Highlights ® Good first half performance; full year expectations unchanged ® Underlying4 revenue growth of 8%; underlying4 Annually Recurring Revenue growth of 4.6% ® Group returned to profit: profit up by £4.2m ® Total cumulative annualised cost reductions of £11.8m from start of programme in 2016, of which £2.8m additional annualised cost reductions achieved in first half of 2017 ® Significant contract wins across all business units, including contracts closed at University of Sheffield and University of Malaya, and new QAS contracts in Middle East ® Completed acquisition of intellectual property from Wambiz, part of next generation Student Information System, branded as Tribal Edge Financial Highlights ® Adjusted operating profit increased to £5.0m (H1 2016: £0.7m) ® Statutory profit increased to £1.6m (H1 2016: loss of £2.6m) ® Positive earnings per share of 0.8p (H1 2016: loss of 1.8p) ® Operating cash flow lower due to the end of the Ofsted "Early Years" contract and invoicing of new contract wins at the end of the period Ian Bowles, CEO commented: "I am pleased with the progress we have made since my appointment, demonstrated in the H1 2017 results where, on a like-for-like basis, our revenues have grown by 8% with a significant improvement in profitability. Our expectations for the full year are unchanged and we look to the future with confidence." 1 Figures are unaudited 2 Adjusted Operating Profit is in respect of continuing operations, excluding intangible asset amortisation of £1.0m (H1 2016: £0.9m), restructuring costs of £0.7m (H1 2016: £1.5m), movement in deferred contingent consideration of £nil (H1 2016: £0.4m), net exceptional gain of £nil (H1 2016: gain of £0.1m), share based payments £0.7m (H1 2016: £0.2m) and gain on sale of Synergy of £nil (H1 2016: £0.3m). 3 Adjusted Operating Profit is considered a Key Performance Indicator of the Group. We consider this to represent the underlying performance of the business and provides greater clarity to users of the accounts. 4 Underlying revenue growth and Annually Recurring Revenue growth is after adjusting for the Ofsted Early Years contract which expired in March 2017 (H1 2017: £2.9m; H1
Started: Mrbadexample, 8 Sep 2017 21:06
Last post: Mrbadexample, 8 Sep 2017 21:06
Good momentum in the business and great team running it now
Started: Mrbadexample, 18 Jan 2017 10:13
Last post: Mrbadexample, 18 Jan 2017 10:13
Sounds like good momentum here and great people in charge now
Started: Mrbadexample, 18 Jan 2017 10:11
Last post: Mrbadexample, 18 Jan 2017 10:11
YEAR END TRADING UPDATE Wed 18 Jan 2017 07:00 RNS Number : 4131U Tribal Group PLC 18 January 2017 18 January 2017 Tribal Group PLC ("Tribal") or "(the Group") Year end trading update Tribal Group PLC is pleased to announce that, following a good second half, the Board anticipates that Group revenues will be in line with its expectations for the year to 31 December 2016 and the performance of the Group will be materially ahead. The outperformance has been driven by QAS, I-Graduate and more effective cost control as a result of the measures implemented by the Board and executive management following its review of the Group's strategy and operations. These measures included a new more efficient Group operating model and organisational structure, a new product strategy, as well as a refreshed management team. Annualised cost savings of £8.5m have been delivered by the year end and further efficiency savings are expected in 2017. During the year sales in Higher Education regained the momentum lost in 2015, with an excellent tender success rate; this momentum has continued into 2017 with Tribal already securing preferred bidder status with two new Higher Education clients, including an additional Russell Group University. Tribal enjoyed a strong end to the year in Further Education and QAS returned a good performance, including the successful retendering of the National Centre for Excellence in the Teaching of Mathematics contract held since November 2005. The Group's balance sheet remains strong following the fund raising and sale of the Synergy business early in the year. The Group ended the year with £8.8m of cash, up from the £5.7 at the end of the half year. The Group expects to announce its full year results on 30th March 2017. Ian Bowles, Chief Executive, commented: "I am pleased with the progress Tribal is making. Our team has responded well to the strategic and operational changes we have introduced during the year and our new product strategy has been very well received by our customers. These initiatives and our strengthened balance sheet position the Group increasingly well to take advantage of its international market, and I am confident of continued progress in 2017." This announcement contains inside information. Ends For further information please contact: Tribal Group plc Tel: 0117 311 5293 Ian Bowles, Chief Executive Mark Pickett, Chief Financial Officer Weber Shandwick Financial Tel: 020 7067 0700 Nick Oborne Tom Jenkins Investec Bank plc Tel: 020 7597 4000 Rowena Murray Sara Hale Daniel Adams N+1 Singer Capital Markets Limited Tel: 0207 496 3000 Shaun Dobson This information is provided by RNS The company news service from the London Stock Exchange END TSTEAAFXFAXXEAF
Started: Mrbadexample, 5 Jan 2017 20:13
Last post: Mrbadexample, 5 Jan 2017 20:13
After an extended "holding pattern" in the mid 50s Someone clearly thinks they have figured this one out The chart based traders must be getting excited as that's a positive move Some seriously good people in charge now with skin in the game
Started: Mrbadexample, 4 Nov 2016 11:25
Last post: Mrbadexample, 4 Nov 2016 11:25
Must look cheaper to them after FX moves
Started: Mrbadexample, 10 Oct 2016 13:23
Last post: Mrbadexample, 10 Oct 2016 13:23
Just a thought here - either : Plan A the new impressive Board with skin in the game get this back on track and moving forward or Plan B their acquisitive USA based competitor Jenzabar with 12% stake under their belt take the view it's looking too cheap to resist after the drop in sterling and buy the lot Any thoughts ? Looks interesting either way
Started: davidelliott, 10 Aug 2016 10:42
Last post: davidelliott, 10 Aug 2016 10:42
nobody else think these look massively overvalued even at 55p?
Started: Rhambo, 10 Mar 2016 12:10
Last post: Rhambo, 10 Mar 2016 12:10
Kudos to shamusor on the advfn board for this one: https : //www.parliament.nsw.gov.au/prod/parlment/committee.nsf/0/47c667e2968cfba4ca257f1b00802584/$FILE/FINAL%20151215%20Report%20compile.pdf SALM system (RNS: 2 Oct 2015) has been a complete disaster and the Aussies are canning the deal.
Started: Rhambo, 10 Mar 2016 10:50
Last post: Rhambo, 10 Mar 2016 10:50
Not very keen to get the results out early this week, you would have to think the longer they delay them the worse it would suggest they are....
Looks like market is being primed for a real kitchen sinking exercise next week, so I expect a bloodbath, especially with the FD going it sounds like the purse strings have been flapping in the wind.
Started: dave23, 1 Mar 2016 09:38
Last post: dave23, 1 Mar 2016 09:38
Proposed Disposal of Synergy Business for £20.25 million
Started: dave23, 1 Mar 2016 09:34
Last post: dave23, 1 Mar 2016 09:34
Looking good here.............
Started: meldrew44, 24 Jan 2016 22:25
Last post: meldrew44, 24 Jan 2016 22:25
Tribal has some great products, notably SITS Vision which has always been a nice earner and has kept the company afloat in previous bad times of poor management. I don't think that has changed.. There are also high barriers to competition, especially with SITS Vision. I'm keeping an eye on it and I'll buy when the price is a bit lower and the future is a bit clearer.
Started: rjmahan, 8 Jan 2016 13:41
Last post: rjmahan, 8 Jan 2016 13:41
Byron not sure if will hit .15 that puts it on a PE of 1 based on longer run EPS of 10. OK doesnt account for rights - way it is trading seems to want to stay above 20
Started: rjmahan, 21 Dec 2015 12:41
Last post: Lordbryon, 2 Jan 2016 21:58
Good reed on the blog its Undersold indeed but I agree with you that it will bet worse before it gets better i see it hitting .15 before it rises again, There is no good news in the pipeline for it it to move up, just down i'm afraid
New idea - Tribal group (TRB)- fallen from 200p to 25p, going to be a rights issue to reduce debt. Now trading at 2X 2014 eps. I like the business and its been on my watch list for a long time... I work with its products so know how difficult it could be for a competitor. I have a blog post below: https://deepvalueinvestments.wordpress.com/2015/12/21/tribal-trb-recovery-play-cheap-business-with-a-defendable-moat/