Tribal Share Discussion Threads

[cambium] 26/3/2007 16:28

andd EVO have a 170p target

[cambium] 26/3/2007 16:28

What a chance to buy this at or below the recent director buys.

For your reference:

17th Aug - Strone McPherson: Buy - 25,000 @ 210p
12th Aug - Pension Fund: Buy - 370K @ 200p
11th Aug - David Thompson: Buy - 13.5K @ 196.75p
11th Aug - David Thompson: Buy - 4K @ 198p
11th Aug - Pension Fund: Buy 100K @ 196.75p
4th Aug - Simon Lawton: Buy 15.3K @ 192.95p
4th Aug - Peter Martin: Buy 15.3K @ 192.95p
12 July - John Simpson: Buy 102.5K @ 170.7p
12 July - Jamesd Charles: Buy 103.7K @ 170.7p

MR. PETER MARTIN 15,424 SHARES @ 191.4P

MR SIMON LAWTON 15,424 SHARES @ 191.4P

MR. JAMES CHAMBERS 92,552 SHARES @ 191.4P

MRS KAREN HARRIS 393,782 SHARES @ 193P

[its the oxman] 26/3/2007 08:54

so anyone hazard a guess or any info on new forecasts given the loss of mercury and pay down of all this debt?

[gerd212] 26/3/2007 07:22

Care UK to buy Mercury Health from Tribal Group for 31.5 mln stg plus debt


LONDON (AFX) - Health and social care provider Care UK PLC said it has
conditionally agreed to acquire Mercury Health Holdings Ltd from Tribal Group
PLC for 31.5 mln stg paid through an issue of 5.16 mln new shares at 660 pence
each and the balance from new and existing bank facilities.
The company said it will also assume net debt in Mercury Health of about
20.7 mln stg.
Separately, Tribal said it will receive 52 mln stg net cash from the Mercury
sale and that it plans to use all of the net cash proceeds to pay down debt.
Tribal also said it plans to maintain the current dividend with a
progressive dividend policy going forward.
Additionally, Tribal said it still expects March to be a significant
contributor to the full year results but that the timing and achievability of
reaching financial close for the Peterborough PFI hospital scheme by March 31
year end remains uncertain.

[e-mail]

[tallyho] 20/3/2007 10:53

Three bidders in at the end so hopefully a good price. As for trade buyer it makes very good sense as they will cut overheads.

[nickcduk] 20/3/2007 10:19

Im not too sure it makes sense that Mercury is sold to a trade buyer. A sale would only trigger a large tax bill.

[its the oxman] 20/3/2007 10:16

a good price hopefully - we need something positive here

[tallyho] 20/3/2007 10:10

Trade buyer, price and name will be in a RNS possibly today.

[its the oxman] 20/3/2007 08:12

where did you hear this ? - to whom ? - what for ?

[tallyho] 19/3/2007 20:36

MERCURY HAS BEEN SOLD.

[tallyho] 17/3/2007 09:25

News early next week

[u813061] 16/3/2007 13:44

A bit of a bounce now. Hopefully the Mercury Healthcare demerger will be announced soon.

[mick33] 07/3/2007 22:29

Less than 9 weeks ago ,a director bought £250,000 worth of shares in the company ,,did he waste his money ??

[bletherer] 07/3/2007 21:54

I'm afraid you may well be right nick, I've seen it all too often on small-cap and AIM companies (some of which I held at the time, of course). The rebound from the earlier fall did in any case look like a bear flag, but to break down and take out the all-time lows you would expect some news to be required. In this case it appears it may appear retrospectively.

[nickcduk] 07/3/2007 15:15

Ive hedged out my long with a short via SB here. Its got a horrible feeling that yesterday and todays selling is insider trading. There is a lot of hidden value here so im going to reassess my position once the news is out.

[bletherer] 07/3/2007 14:51

Yup, have been thinking about it but making new all time lows is pretty offputting. That is a nasty chart so I am avoiding for now - best of luck if you're holding.

[its the oxman] 07/3/2007 14:14

chart says there's something wrong here

[its the oxman] 05/2/2007 09:32

still struggling to break above 130p - bit of (+ve) newsflow required

[its the oxman] 05/2/2007 09:32

still struggling to break above 130p - bit of (+ve) newsflow required

[tallyho] 23/1/2007 16:25

nickcduk

I think that Tribal will sell Mercury by the end of March

[nickcduk] 18/1/2007 12:00

Looks like the large trades earliar this week cleared out what seemed to be an overhang. Hopefully we get some news on the mercury demerger soon which will give the share price a boost.

[manrobert] 18/1/2007 09:39

looks as if price now ready to move ahead.hop so just invested 12k but deal not yet shown.

[its the oxman] 17/1/2007 08:44

let us hope so

[nickcduk] 16/1/2007 20:17

Mercury is unlikely to be sold ouright. The stated aim was to demerge it, whether that be as a distribution to shareholders or selling a stake. My guess is they will distribute shares to shareholders. If so the valuation on Mercury may suprise a few people. I wouldn't be suprised if they aimed for a p/e of about 20. The current profitability of Mercury is being held up by bid costs and initial start up costs of new centres. I would guess a lot of debt would be put in with Mercury but still envisage it being worth 120m+ on an enterprise level. That should bring about a re-rating for the whole group overall.