Tribal Share Discussion Threads

[keyboard] 02/7/2001 13:31

Chart has to send out "more" positive signals first.

[jonc] 01/7/2001 23:57

hmm. But nobody else.....

[jonc] 30/6/2001 08:12

Telegraph seem quite keen:


Schools rule for Tribal

"EDUCATION, education, education." Labour's mantra has been ringing in the ears of private sector companies since 1997 and the most ambitious have answered the call.

The outsourcing of what used to be public services is a burgeoning industry, with the education market expected to double in value from £2.5 billion to £5 billion within three years.

Established in September 1999, the Aim-listed support services provider Tribal Group may have joined the race late but it has been quick to make up lost ground. It is now one of the leading teacher training organisations and Ofsted's largest independent school inspector.

Last week the company posted full-year profits that more than doubled to £2.8m on turnover 54pc higher at £24.1m. The heady growth has been driven by an acquisition spree in which the group has snapped up 10 companies in two years. With funding facilities of £14m in place, further purchases are on the cards.

These will add to Tribal's capabilities, which already cover a third of the education market. With over 80pc of sales from public sector contracts, exponential growth is a pretty safe bet.

What's more, David Telling - the chairman and architect of infrastructure investment specialist Mitie - is Tribal's chairman. His expertise at growing public-sector support-service companies has already proved invaluable.

Tribal shares, at about 280p, are trading at 24 times forecast earnings, which is cheap compared to larger rivals such as Capita on 60 times. Buy.

[jonc] 30/6/2001 08:11

Telegraph seems more enthusiastic:


Schools rule for Tribal

"EDUCATION, education, education." Labour's mantra has been ringing in the ears of private sector companies since 1997 and the most ambitious have answered the call.

The outsourcing of what used to be public services is a burgeoning industry, with the education market expected to double in value from £2.5 billion to £5 billion within three years.

Established in September 1999, the Aim-listed support services provider Tribal Group may have joined the race late but it has been quick to make up lost ground. It is now one of the leading teacher training organisations and Ofsted's largest independent school inspector.

Last week the company posted full-year profits that more than doubled to £2.8m on turnover 54pc higher at £24.1m. The heady growth has been driven by an acquisition spree in which the group has snapped up 10 companies in two years. With funding facilities of £14m in place, further purchases are on the cards.

These will add to Tribal's capabilities, which already cover a third of the education market. With over 80pc of sales from public sector contracts, exponential growth is a pretty safe bet.

What's more, David Telling - the chairman and architect of infrastructure investment specialist Mitie - is Tribal's chairman. His expertise at growing public-sector support-service companies has already proved invaluable.

Tribal shares, at about 280p, are trading at 24 times forecast earnings, which is cheap compared to larger rivals such as Capita on 60 times. Buy.

[jonc] 25/6/2001 13:18

The market seems underwhelmed by the results.



Total trades 1700 so far.

JC

[cat] 18/6/2001 12:13

wriggling - results on the 25th.

[cat] 18/6/2001 12:13

twitching - results on the 25th.

[cat] 11/6/2001 23:30

Could be worth keeping an eye on these - as well as Nord- over next few weeks, what with all the political noise surrounding education. Their CEO seems to be often quoted in the press.

[cat] 11/6/2001 23:29

Could be worth keeping an eye on these - as well as Nord- over next few weeks, what with all the political noise surrounding education. Their CEO seems to be often quoted in the press.

[cat] 11/6/2001 18:15

yep, bit rash I know....they are more aquisitive, so more risky than Nord...but couldn't resist it. Trouble is they are on Aim.

[pippin] 11/6/2001 18:10

Your 10k, CAT?

[chester] 11/5/2001 14:45

Possibly people taking profits on NAE and moving into TRB. It's a thought.

[jonc] 11/5/2001 14:39

Jogging along quite nicely today.

JC

[gerard j] 11/5/2001 10:46

Sold mine at about 260p to buy NAE at 218p - No regrets - 288p Too high for me.

[chester] 11/5/2001 10:39

Cat,Dil - Is your satchel still full ?

[chester] 11/5/2001 10:38

Someones trying to load up their satchel.

[gerard j] 06/4/2001 23:27

Bit of buying..

[dil] 06/4/2001 14:49

Do Nord get the contract then ?

[gerard j] 06/4/2001 12:48

Is RHPS coming out this sat a.m.?

[dil] 05/4/2001 21:43

Small Company Sharewatch

[gerard j] 05/4/2001 21:25

Dil.
No. What is SCSW?

[chester] 05/4/2001 16:13

Well I decided to go for NAE rather than splitting my bets. I think both are good companies going places but I decided to just back 'one horse' and it had to be NAE.

[hilly] 05/4/2001 15:20

Several large sells. Any reason??