Tribal Share Discussion Threads

[qs9] 30/4/2008 22:53

Agreed. Key is no debt, and little upticks in consensus from what I can see will all help sentiment, and as it is ungeared if it stays sub £1.50 IMO it will be prime for takeover...IMO

[bletherer] 30/4/2008 12:17

Great stuff. Bit of a pop on the news but 140 remains the key level in my book - a sustained break above it and we should be off to the races. There are resistance points at around 20p intervals up to 200 and then monster resistance at 230 but breaking out of the long-term downtrend would be worth a lot. Personally I think this company is on a much sounder footing than when I first invested in it and am now much happier to hold it for the medium term. I think it has a good shot at getting back to that 230 level within the next year or so.

[qs9] 30/4/2008 07:15

Net debt now negligble IMO at £2m from today's statement. +ve trading update, significantly ahead of same time last year, be fascinating to see how market reacts....

[qs9] 26/3/2008 21:58

Agreed. Also given very low level of debt which given profitability levels should be paid down quickly IMO this year, then it may become IMO attractive to a bid.

[bletherer] 26/3/2008 09:07

Results look good on a quick read-through. I was in TRB for the 05/06 runup and managed to sell out with about a 60p gain before they gave it all back (and more). But back then the debt level was always rather worrying: I'm much more comfortable being invested in them now with a manageable debt and an apparently well-performing business model. Technically this stock is at a very significant juncture: if it can push on above 140p it will break a multi-year downtrend and in combination with the very supportive fundamentals this could induce a period of solid share price growth. If it consolidates above 140 I'd be looking at 160 as a minimum short-term target, and hopefully more to come when general market sentiment improves.

[qs9] 26/3/2008 07:14

"The Board is confident about Tribal's prospects for 2008 and beyond."

Great results, hardly any debt left, profitable, lots of prospects. Eps to Dec on 12 months proforma nearly 13p....hopefully this provides the basis for further moves Northwards....lets see how the market reacts.

[qs9] 24/3/2008 09:51

anyone confirm results date?

[qs9] 21/3/2008 17:38

results are out on the 25th are they not? may be the catalyst for further movement upwards. Hopefully net cash position will be even higher....which will then IMO make them very attractive....

[mick33] 19/3/2008 14:51

Been watching closely on level 2, it appears somebody/people are slowly but surely hoovering up stock and are not frightened to pay premium rates either..

[bletherer] 19/3/2008 09:10

I'm still here, QS9. We got stuck at 140 as I expected, but I'm encouraged that it's so far only backed off very little - looks like it wants to make another run at it. This has been my second-best performer so far this year...not that's there's much competition, lol. Anything up rather than down counts as a stellar performer these days...

[qs9] 18/3/2008 20:51

ANyone else in for a few?

[qs9] 05/3/2008 13:21

agreed....looking like it is picking up gradually today as well....

[mick33] 05/3/2008 13:01

Absolutely something brewing in the background here ,lovely looking chart..

[qs9] 15/2/2008 19:25

here is hoping then! £2?

[qs9] 14/2/2008 17:28

possibly. Personally think the trading updates will move this more than share buy backs.

[mick33] 13/2/2008 17:30

But when they announced the buy back ,the shares were only slightly above a pound . A couple of weeks after the trading statement the share price started to motor on relatively small volume,so is it something we dont yet know about driving the current share price northwards ??

[qs9] 13/2/2008 17:13

SP motoring without internal support! With demand still there, why not save firepower?

[mick33] 12/2/2008 23:41

In the recent trading statement the company said it would be buying up to 5% of the issued shares back as an investment.That was nearly a month ago and they have not bought any back yet,anyone any thoughts about why this is ?

[bletherer] 12/2/2008 15:26

Lol - anyway a good sign that the board is so quiet despite a rapid +30%. So far a complete absence of froth.

[qs9] 12/2/2008 15:24

Looking good today....me and you making money at least bletherer...

[bletherer] 12/2/2008 14:35

Still looking pretty perky, hopefully a good chance of getting back to 140p. Strong lateral resistance and the declining tops line there mean that it would probably come back first time of asking if it does, but any eventual break above 140 would give real hope that the long-term downtrend is over. Until then the current rally, though nice, doesn't really change the overall negative bias of the long-term chart.

[qs9] 08/2/2008 18:22

Hopefully next will see the continued rise. No debt, good profitability and newsflow, all to play for IMO.

hopefully over the next 6+ months this can retrace steps back to previous £2 a couple of years ago.

[qs9] 08/2/2008 12:18

Me and you on our own here bletherer!

Through £1.20 and looking good for £1.30 in short order....this is FOLLOWING the site visit on the 31st Jan....personally if shares rise after one of these visits IMO it always suggests people like what they saw....so am hoping your £1.40 target will be hit shortly as well.

[bletherer] 04/2/2008 21:54

...an even bigger one at £1.40, should it get that far. Now a break back above there really would be nice.