ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TRB Tribal Group Plc

44.05
1.55 (3.65%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tribal Group Plc LSE:TRB London Ordinary Share GB0030181522 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.55 3.65% 44.05 43.10 45.00 45.00 43.90 43.90 421,216 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 83.59M -510k -0.0024 -187.50 95.5M
Tribal Group Plc is listed in the Business Consulting Svcs sector of the London Stock Exchange with ticker TRB. The last closing price for Tribal was 42.50p. Over the last year, Tribal shares have traded in a share price range of 33.00p to 72.80p.

Tribal currently has 212,221,746 shares in issue. The market capitalisation of Tribal is £95.50 million. Tribal has a price to earnings ratio (PE ratio) of -187.50.

Tribal Share Discussion Threads

Showing 1176 to 1199 of 1825 messages
Chat Pages: Latest  49  48  47  46  45  44  43  42  41  40  39  38  Older
DateSubjectAuthorDiscuss
21/2/2012
16:09
I thought there was a teeny bit of resistance at aroun 82-83p. But either way that should be easily broken imo.
cfro
21/2/2012
15:40
Very strong move up today.

Was looking back at a three year chart which shows old resistance at 87p, 97p, 103p and 112p, not sure if these are still valid now, because stale buyers are likely to be out by now. So we could already be in blue sky imo.

ic2...

interceptor2
21/2/2012
11:19
Thanks for the feedback cfro, only brought an initial small position and will see what develops. The historical record is poor as you mention, maybe they have turned the corner now. Well that's my hope anyway.

Illtud, agree with comments about TRB, companies that are education focussed with good margins, always seem to brought out by larger companies.

ic2...

interceptor2
21/2/2012
09:53
What people don't seem to understand about Tribal is that the Education arm always made money. It was what kept them afloat when the rest was dragging them down. For what it's worth, I think that now they have got rid of the rubbish, they are going to soar until either they become one of the major international players in their field or get bought out by one of the bigger companies.
illtud
20/2/2012
18:58
Hi cfro

A company I brought into today was DRV, after an ahead trading statement only 5 month's into current financial year. Not a Zulu stock but more of a recovery stock after board changes and restructuring which is now completed.

I only came across them this morning. Directors have been buying and the balance sheet is net cash.

The DRV thread is as dead as a dodo, so not much interest about.

Might be worth a bit of research imo.

ic2...

interceptor2
20/2/2012
18:10
Nope, i dont think many get it. Its not as if we havent tried telling some on the Zulu thread all about it, but they are in such denial. "Its not a Zulu you get", and other rubbish like it. Some just dont have a clue how to stock pick succesfully.
cfro
20/2/2012
14:50
I still don't think that many investors are aware of the changed story here, and at first glance might not be able to see past the balance sheet.

But much stronger buying today, so maybe there might of been mention of TRB somewhere over the weekend?

ic2...

interceptor2
20/2/2012
13:47
Moving strongly up. Could be about to really soar.
cfro
20/2/2012
10:13
Another vote of confidence today.



TRB are the sort of stock I could see Slater Investments buying, if they want another EDD.

ic2...

interceptor2
11/2/2012
22:06
Excellent research IC2. Particulary the margin research.

And a usefull reminder that these were in takeover talks once too. Pearson is a very fast growing company by acquisitions, so one never knows.

cfro
11/2/2012
20:27
I have been looking at the business again, particulary at what net margins we might see in the future.

In H1 2011 the education focussed business made an op margin of 10.1%, which means a net margin appx 6.7%. The revenue is normally evenly spread between H1 and H2, so H1 revenue of 59.4m would likely see appx 120.0m to the full year, and EPS of 8.6p.

Brokers consensus forecasts = 7.53p which means they have used net margins of 6%.

But I believe margins will improve quickly from now, the business is made up of two divisions which have very different op margins. Fortunately the Technology sector seems to be the area where to most exciting opportunities are, particulary in Australia and New Zealand.

Technology sector, Revenue = 22.9m and Op margins = 19%

Services sector, Revenues = 36.5m and Op margins - 4%

The other reason for margin improvement is the annualised cost savings of 5.1m, which management have stated will improve Op margins. This cost savings have cost 4.2m to implement, but are in place now with the benefits first to be seen in H2, with 2,4m cost savings expected.

Takeover target?

Worth remembering that last year TRB were in talks about a takeover, now they are a focussed education business they will be acquired at some point imo.

Remember EDD Education Development and MLO Melario, both taken over by Pearson's recently. And no wonder with the margins both company's achieved.

EDD had Op margin of 31.2% and net margin of 24.6%.
MLO had Op margins of 23.2% and net margins of 13.2%

Now maybe TRB can't achieve the same levels yet, but even net margin level of 10% would see EPS of 12.8p on 120.0m revenues.

Net debt = 16.0m

With 5.1m cost savings and appx up to 8.5m still due from two major disposals last year, TRB should move to net cash surprisingly quickly imv.

Looks like a classic turnaround to me, once investors look past historic balance sheet issues.

The directors know all of the above only too well, just look at the large director buying recently

Sep 11, COO, FD and C/Man buying at 47p, 48p.

13 Jan, CEO and FD buying at 55.44p and 57.8p.

20 Jan CEO and FD buying at 61.23p and 61.38p

Regards ic2...

interceptor2
10/2/2012
22:25
Thanks for that penpont, i'll make a note.

IC, dont let him wind you up. Im beyond that with him. You dont have to answer his every post. Ones thing for sure....as im sure you have noticed, i post every single time the shares he criticizes rises. That way he'll know who's right! ;-)

cfro
10/2/2012
18:46
from recent TU

Tribal Group plc ("Tribal" or "the Group"), a leading provider of technology products and services to the education, learning and training markets, provides the following update in advance of the preliminary announcement of its results for the year ended 31 December 2011, which will be released on 22 March 2012.

penpont
10/2/2012
18:43
Very funny :o)

Maybe I should find a company with a really awful balance sheet, and post it on the Zulu thread.

Must admit I have lost my appetite to debate the pros and cons with someone that has a closed mind.

ic2...

interceptor2
10/2/2012
18:39
IC2, btw do you have the exact date of the finals?
cfro
10/2/2012
18:31
Yep, lovely rise. No stopping this until atleast 82-83p on the chart and even then it probably wont rest there for long.

I just wish all my shares had 'dodgy' balance sheets!! :0))

cfro
10/2/2012
16:22
Strong rise continuing with good buying volume this morming, just a small amount taking profit later on in the day.

Finals next month, once these are published I believe the potential and transformation will be much clearer for all to see.

ic2...

interceptor2
06/2/2012
20:57
Yep just as well cfro, must admit to chuckle at his reaction to the balance sheet. Hadn't noticed the strong move up at the end of trading.

ic2...

interceptor2
06/2/2012
18:11
Moving strongly up as i thought it might do. Looks like i timed my buy well. Its a good job we dont listen to that old misery guts geswan on the Zulu thread, eh IC2!?
cfro
03/2/2012
19:28
I agree TRB does ring a certain EDD bell, I haven't my EDD notes with me because I'm still in Spain, but I when I brought in August 2007 at about 25p the PE was a low single digit.

I have a feeling that investors will be surprised at how quickly TRBs 16m pounds net debt falls from here. Disposal of Tribal resourcing Feb 2011 6.0m pounds max over 3 years. Government and Health business disposal in April 2011, 2.5m to come stated in May, not sure if they have received this yet.

Will look tonight at a mention on the Zulu thread, but if you have info ready, please then go ahead and post.

Regards ic2...

interceptor2
03/2/2012
18:18
Ones thing for sure, TRB is similar in many ways to EDD. When i first invested in EDD it had a PE of around 8, strong growth rate, Positive relative strength, good cashflow and directors were buying in spades......rings a bell doesnt it! ;-)

I think there might be one or two others waiting for a dip to buy on but imo unlikely to get it. Loads of buying over the last few days or so and next resistance on the chart is at 82-83p. And somebody paid over the odds today for a relatively large amount.

As this is a Zulu IC2, wouldnt hurt a little mention on the Zulu thread, eh? ;-)

cfro
03/2/2012
16:16
Funny you should say that cfro, as I was reading your post I was formulating in my head my own post in reply, and was going to mention Education Development.... Uncanny.

I have been looking for another EDD for some time, could TRB be the one ?

I was thinking that I might have a chance of a top up on a dip below 60p, but can't see that happening now, so as reported topped up today.

ic2...

interceptor2
03/2/2012
15:32
Hi Ya IC2

Bought a few just this second in an old ISA. As you say looks like a Zulu. PE less than 8 and last statement 'significantly ahead'. Thanks for flagging this one up.

Share price is going in a vertical line and 80p is then next resistance point on the chart.

Do we have another Education development EDD here?

cfro
03/2/2012
14:11
Brought some more today after reading the Harman note, could be a very strong long term Zulu in the making now imv.

ic2...

interceptor2
Chat Pages: Latest  49  48  47  46  45  44  43  42  41  40  39  38  Older

Your Recent History

Delayed Upgrade Clock