these guys seem to be going down down down
after pretty good interim results and a confirmation awaiting to build 5 new nhs centres i thought that these guys were worth some
ant views anybody?

Sounds like this one might be worth revisiting, according to the weekend press.....

"In February shares in Tribal Group (177.5p) plunged by almost 24% after the public sector services company issued a shock profits warning.

Investors were unnerved that Tribal had been forced to walk away from a 300m NHS contract to run treatment centres and write off 3m in costs. Doubts about Tribal's future in NHS contracts have continued to depress the share price, especially after the company warned about problems with transferring staff contracts.

However, this issue is thought to have been resolved and Tribal is set to win a similar 200m deal. Analysts believe this could have a transforming effect and drive profits up by 50 per cent after two years. Buy."

Could be following in CNT 's footsteps.

Tribal ends bid talks
02 Nov 2010

TRB - Tribal Group

Tribal Group 40.50p -31.06%

LONDON (SHARECAST) - Public sector services provider Tribal Group says that it has ended talks with a potential bidder.

Tribal admitted back in August that it had received a bid approach.

The share price has fallen below the level prior to the announcement of bid talks. That is mainly down to last months profit warning. Reduced demand for advisory work and delayed decisions by the government hit revenues. Tribal warned that pre-tax profit for 2010 would be substantially below the then expectations.

Analysts expect a full year profit of 6m - less than one-half of last year's underling profit.

Tribal has been selling off non-core operations. Most recently, it sold PR agency Kindred to its management for 1. Tribal had to provide 605,000 to the buyer as part of the deal. It may even provide up to 190,000 more by next May. Excluding balance sheet write-offs, Kindred lost around 600,000 in 2009 and things have got worse since the May general election.

Pre tax profits are forecast to grow by 15% in 2013, yet consensus is likely to prove conservative given no contribution is included from the large Australian contract.
The contract being the Australian student management contract. The contract was awarded in April but Tribal has not started to recognise revenue as the agreements start dateis dependent on a third party's activities. Once anylists get guidance on when the revenue ($4o million) will hit the books, then they will increase earnings forecasts.

Interim Management Statement
RNS
RNS Number : 0343R
Tribal Group PLC
14 November 2012



Tribal Group plc



Interim Management Statement



Tribal Group plc ("Tribal"), a leading provider of technology products and services to the education, learning and training markets in the UK and internationally, provides the following update on trading, covering the period from 30 June 2012.



Trading in the period since our half year results has been in line with expectations for the full year.



Our technology business continues to make good progress and is seeing a healthy level of new opportunities both in the UK and internationally. We are pleased with progress on our Student and Learning Management contract with the Department of Education and Communities of New South Wales, Australia.



Our services business is performing as anticipated, with emerging opportunities in international markets and a quieter domestic procurement environment.



Our order book at 31 October remains strong at £175m. We continue to generate good cashflow, with the consequent positive impact on net debt.



We are seeing the early benefit of the three year growth plan outlined early this year, and are pleased with an encouraging level of identified opportunities for 2013 and beyond.



End

SM, Full year figures on Mar 14 should give earnings upgrades, when details of the large Australian contract will be published. Charles Stanley analyst Andy Smith reckons existing forecasts may prove too conservative. Market expectations are for £500,000
pre tax contribution from the contract in 2012 and 1.3 million in 2013. The group is forecast to produce £9.9 million pre -tax profits .

Rising very well towards the full year figures on March 14

On Wednesday, Tribal Group PLC (TRB:LSE) closed at 125.00, 6.72% below its 52-week high of 134.00, set on Jan 14, 2013.



Consensus recommendation


As of Feb 23, 2013, the consensus forecast amongst 3 polled investment analysts covering Tribal Group plc advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Mar 23, 2012. The previous consensus forecast advised that Tribal Group plc would outperform the market.
.

http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=TRB:LSE

Trading Update
RNS
RNS Number : 3197Z
Tribal Group PLC
06 March 2013



Tribal Group plc



Trading Update



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 2012, which will be released on 14 March 2013.



Results for the year ended 31 December 2012



As previously indicated in our announcement on 20 December 2012, the trading performance of Tribal in the final quarter of 2012 was robust, and we continued to generate good cash flow. Our international activities have performed strongly, and we have made good progress with the major Student and Learning Management ("SALM") contract with the Department of Education and Communities of New South Wales, Australia.



Taking into account the Group's good progress with key contracts during 2012 and the early part of 2013, and excluding business activities closed during 2012, the Board now anticipates reporting revenue for the year ended 31 December 2012 in line with expectations, and adjusted profit before tax for the year ended 31 December 2012 of approximately £12.8m.



Current trading



The current year has begun well and the Board anticipates further good progress in Tribal's performance in 2013.



Further details will be provided in our preliminary results announcement on 14 March 2013.

Tribal shares leap on 2012 trading update
Wed 06 Mar 2013

TRB - Tribal Group

Latest Prices
Name Price %
Tribal Group 133.75p +16.30%

FTSE All-Share 3,387 +0.02%
FTSE Small Cap 3,794 +0.80%
Support Services 5,908 -0.12%

LONDON (SHARECAST) - Public sector support services firm Tribal Group sent shares rocketing 15 per cent on Wednesday after saying it expects revenue to be in line with expectations and deliver pre-tax profit of around 12.8m.

Specifically, its international activities performed strongly in 2012, and good progress was made with the major Student and Learning Management contract with the Department of Education and Communities of New South Wales, Australia.

The group also said that 2013 had "begun well" and anticipates further good progress in Tribal's performance in 2013.

The share price rose 15% to 17.25p by 132.25p by 13:25.

Tribal Group: Canaccord Genuity moves target price from 115p to 150p and keeps a buy recommendation.

Final Results

Summary

· Significant progress in first year of three-year strategic plan



· Strong profit growth: 27% increase in adjusted pre-tax profit to £12.8m (2011: £10.1m)



· Good cash generation: cash conversion3 improved from 69% to 87%



· Net debt reduced to £9.9m (2011: £16.0m)



· Business simplified and focused



· Strong UK market positions retained



· Strong progress in chosen international markets



· Good potential for further progress




http://www.moneyam.com/action/news/showArticle?id=4554750

Tribal Group gets 2013 off to good start after strong full year in 2012
Thu 14 Mar 2013


LONDON (SHARECAST) - Tribal Group, a public sector support services firm, has posted an upbeat set of results for the year ended December 31st and revealed 2013 is off to a good start.

Revenue rose seven per cent during the period, up from £105.8m to £113.4m year-on-year on an adjusted basis.

Adjusted pre-tax profit for the period totalled £12.8m, up 27% from £10.1m the previous year, while diluted earnings per share came to 10.9p (2011: 8.4p).

John Ormerod, Chairman, said: "Tribal is trading well, and we have a number of growth initiatives underway which offer good potential. Our systems and solutions remain strong in their UK markets, and we are seeing increasing momentum for our offerings in international markets, both those in which we currently operate and selected potential new markets. As a result, we continue to make good progress towards our strategic target of doubling earnings per share over the three-year period ending December 31st 2014.

"Our current trading is in line with our expectations for 2013. As a consequence of seasonality in our business, and our continued programme of investment, we anticipate our profits in 2013 will be weighted towards the second half of the year, and Tribal has good potential to make further progress over the medium-term."

During the 12 month period the company increased its level on investment to £6.2m from £3.6m in 2011 as part of its programme of investment in new software development, which has targeted both its major education management systems and software tools within its evidence-based education improvement solutions.

Looking ahead, the company expects to continue to invest strongly in new software development during 2013, as technology becomes a core component of all its major systems and solutions.

The firm now plans to explore entry into additional new markets and the use of third party system implementation partners into these markets to enable rapid scale and flexible local capabilities.

Net debt declined 38% from £16.0m to £9.9m. The group increased its total dividend per share for the year by 0.25p to 1.25p.

The share price climbed 5.38% to 137p by 13:08 Thursday.

Tribal Group PLC (TRB:LSE) set a new 52-week high during Thursday's trading session when it reached 137.00. Over this period, the share price is up 73.63

Large volume of buys today.

Director Deals - Tribal Group PLC (TRB)
BFN
Steve Breach, Financial Director, bought 2,098 shares in the company on the 20th March 2013 at a price of 142.94p. The Director now holds 271,271 shares.


Tribal Group PLC (TRB:LSE) set a new 52-week high during today's trading session when it reached 142.69. Over this period, the share price is up 87.17%.

The market liked the directors deals.

A buy in this weeks IC - Tribal has made solid progress in this first year of its three year plan to double earnings. Moreover, once the heavy capital spending is over, there should be scope for decent dividend growth. Yet despite rising solidly, the shares still trade on a fairly undemanding 12 times forecast earnings.

Sold my holding, been in since 5 Oct 2012 95p :-))