Tribal Share Discussion Threads

[wisecat2] 12/9/2017 15:39

Hello anyone on this board. Shares are starting to move

[shoee62] 26/4/2017 12:01

2 blocks 10 million shares through at 87, broker trades

[geheimnis2] 20/4/2017 17:50

MMMMMMOOOOOOOOOOOOO!!!!!

[rjmahan] 20/4/2017 14:43

Does anyone have any information on other listed student / health record providers across Europe / the world?

Its quite a nice business to invest in so I would be interested if anyone knows anything.

Google is coming up blank.

Cheers,

[a2584728] 05/4/2017 07:27

The low EBIT, makes it undervalued in the sector, I am actually out as of today, transferred some into MIN and CHAR

[rjmahan] 04/4/2017 22:47

Arguably low EBITDA could yet rise further with cost cuts.... Margins too low given product...

[checkers2] 03/4/2017 11:38

Hi A2584728,

Why do you say undervalued - can you justify that, with some data? Its on more than 1 x Sales and 20 x Ebitda. A good business, a possible takeover target, but not sure if I would say undervalued.

[a2584728] 30/3/2017 08:38

Well under valued.

[a2584728] 10/3/2017 10:40

I have a warm feeling here, I think? They have been doing the rounds in the City and been well received. May see some INstitutional investors coming on board, I would not be surprised to see some suitors at this level as well.

[shamusor] 09/3/2017 22:48

Thanks rjmahan.
I was on jobs.ac.uk earlier and I have since landed a contract to convert data for an HE migration for a UK University.

[geheimnis2] 15/2/2017 08:03

Great post A2

[a2584728] 14/2/2017 11:55

G yes I like them here for a bounce. Going concern statement helps so any news from here should see them rise imho

[geheimnis2] 13/2/2017 19:38

Mmmmmm.....looking positive here?

[a2584728] 13/2/2017 19:30

I shall be starting to buy these over the coming days, looking for 40% in 6 months, I think they will bounce.

[a2584728] 13/2/2017 12:58

Interesting movement on lots of buys ?

[rjmahan] 05/1/2017 15:56

shamusor - I work in HE and tribal are utterly dominant...

There are economies of scale and large switching costs here.

Why do you think otherwise ?

Lots of jobs in HE data on jobs.ac.uk also via various mailing lists...

[shoee62] 05/1/2017 14:59

Lifting finally from long flat base. Figures due in early March?

[shamusor] 29/11/2016 20:57

Just noted that Jenzabar's increase in ownership is now at 13%. Interesting when Jamie has informed me that Tribal has missed out on a bid within its installed client base to competitors in Australia; and I see here that current clients have been going to market to replace Tribal in the UK.
Continuing work in this space is not looking great.
I also see that Unit4 (who could have been a Tribal suitor) now has its own Cloud SMS based on the MS Azure platform and has signed up the University of Aberdeen already. not a good sign for what is already a tight UK SMS Market for Tribal.

[checkers2] 05/11/2016 08:09

Anyone have a take on privately owned Jenzabar's increase in ownership, now more than 12%, they are a leading player in NA education space, while Tribal seems also a leader in same sector different geography.

The way I see it they are either going to use their shareholding to make them cross-sale their products/products or make an offer for whole company.

[shamusor] 19/9/2016 21:57

Half Year results out and no dividend payment as expected. Changing the external auditors after the bad report at the end of last year is a bit suspect, and the directors/board seem to be at pains to state that they believe the company is 'a going concern'. Perhaps stressed too much.

Financials do not show any marked improvement and like last year when Tribal had so much trouble, it 'expects' to see revenue improvements in the second half of the year. Given the results from Queensland, NSW and others, and the current resource capacity and capability issues - revenue is still likely to be delayed or stagnant affecting their cash-flow and sustainability.

Improvement may happen in the UK where they are improving their government contract extension (like they have in New Zealand), but they are reducing their involvement here. That is not expected to improve in Australia as it is imminent that NSW will announce the signing of a new supplier for the TAFE LMBR program (and likely in the same direction as Queensland - so good for Australian firms and the share market). they have been winding down their pool of core people here for some time since Queensland TAFE announcement and the reduction now seems like the company's main cost-saving strategy.

Expect increased competition on the other side of the Tasman as Technology One develop their student apps for that market. Word from Brizzy is they will now develop a New Zealand centric version from next year irrespective of whether they have a client signed up. Too late to capture the university market probably but might make inroads to the TAFE sector which Tribal are hurting in already.

Resources are tight on implementation sites and staff from Tribal are being poached by clients everywhere putting pressure on delivery times and expertise available. This has impacted Deakin and evidently Waikato resources in New Zealand.

Tough times still ahead for Tribal.

[shamusor] 12/6/2016 20:48

June 4 - New South Wales - as reported in the Sydney Morning Herald.

Mark Scott has been appointed secretary of the NSW Department of Education, following 10 years as Managing Director of the ABC.

The appointment heralds the "opportunity" for the Department to change direction and cancel the NSW LMBR program under the notion it was devised and run under previous management and ensures any inquiry would not find fault with the current senior Department personnel.