Tribal Share Discussion Threads

[enabler] 04/5/2007 19:58

Tribal, gets a small mention in this weeks i/c by Mr Bearbull, under the heading something for nothing, as it is in his top 8 of companies that generate lots of free cash, Directors dealing came too late for this weeks Directors lists so should get a mention next week, better to have a number of small comments than a major tip as it tends to keep the price ticking up with less volatility.

[its the oxman] 02/5/2007 07:11

optimistic at this stage but if management (as their buying suggests) have really got the business sorted and deliver over the next few years this could double

[qs9] 30/4/2007 18:24

Yes, looking forward to seeing how far this moves ahead tomorrow after those cracking set of purchases. Fingers Xd.

[mick33] 30/4/2007 17:13

Just to add ,nobody ought to be selling for anything less than £1.80 min now..

[mick33] 30/4/2007 17:08

WOW ! this is set to head further north tommorrow,just announced 3 directors have been buying significant amounts over the previous four days,plus robbie burns has bought into trb too ...

[nurdin] 27/4/2007 08:05

I do..they should have waited for atleast 170p...as thats where they are headed :o)

Tips this weekend should do it hopefully :o)

[brownson] 26/4/2007 09:38

people taking a little profit. Who can blame them ?

[nurdin] 26/4/2007 09:00

My sentiments exactly

[its the oxman] 26/4/2007 08:38

for what its worth apparently the independent had this as buy yesterday despite the rise - something along the lines of trb trades at too big a discount to its sector for a company with no debt etc

[cambium] 26/4/2007 08:34

the wonderful wizard at that

[nurdin] 26/4/2007 07:47

..and off we go to see the wizard..:o)

[nurdin] 25/4/2007 20:31

13x would imply another 20% upside.More of a buy than a hold Id say :o)

[edmondj] 25/4/2007 16:06

The track record in terms of performance of the acquired companies is also a factor; I would concur on something like 13 times until there's performance proof although MITIE is on 16 times with a much better track record. Looks worth continuing to hold if one's in.

[nurdin] 25/4/2007 15:48

Thats an odd comment EdmondJ.The rating has been stifled by the high debt and the well known issues with legacy PFI projects.
The debt has now been virually cleared and there are compensatory monies coming their way from the Government
Sector average is 20x.I see no reason why TRB cannot command atleast 15x here.

[edmondj] 25/4/2007 14:20

P/E has averaged about 11 times in recent years and I'm not wholly convinced it should even be in the mid-teens, but good luck.

KBC Peel Hunt projected £11.6m for 06/07 and 9.3p EPS, on 26 March, and £16.4m/12.7p for 07/08. 'Normalised'!

[its the oxman] 25/4/2007 13:29

140p now - we could even see 170p in short order here

[its the oxman] 25/4/2007 09:24

latest forecast i can find is evolution 9th april, 11p this year and 12.1p for 2008 - obviously if trading improves hopefully 2008 might nudge up a bit but even if it doesn't a recovery rating of perhaps 14-15x could see us back nearer 170p-180p range. also a nice div of course as well

[its the oxman] 25/4/2007 09:18

break through low 130's and upside beckons to 170p - nice

[nurdin] 25/4/2007 08:26

Glad I bought early this morning.

-PE of under 10 compared to the sector average of 20.
-debt virually wiped off following the sale of Mercury
-Mercury sale will be slightly dilutive for the current year but with strong balance sheet,TRB are in an excellent position to buy back their own shares

Looking forward to a decent rerating from here

[schober] 25/4/2007 08:14

what is the market forecast?
yahoo gives eps 9.8 to 17 and an average of 13p; quite a range!
anyone phoned trb to find out which forecast they had in mind?

[its the oxman] 25/4/2007 07:12

seems an encouraging statement given where the share price is - results comfortably in range of market forecasts - hope the worst is behind us now.

[its the oxman] 28/3/2007 08:36

not sure its the right thing to do but i'm sticking with trb for a bit longer - can't help feeling this will turn upwards as and when businesses start to improve, which (along with the directors buying) i'm betting it will. also very pleased re progressive div policy. can't deny its been a bit frustrating so far though.

[nickcduk] 26/3/2007 18:27

I sold out today. I thought the price for Mercury was extremely disappointing. With the new facilities coming on stream and plenty more contracts to be won I was expecting a much higher valuation. The rest of the businesses have got problems to overcome from government cutbacks in spending and it may take a while for that to settle down. The one big positive is debt is down to 15m now. I think ill wait until results before deciding whether or not to buy back in.