Updates

Tribal Group - Two significant contract wins

January 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Tribal confirms that it has won two significant new contracts. The first is in Australia to deliver a student management software system across all Technical and Further Education Institutes (TAFE) in Queensland. The contract is worth over A$19m over an initial 5 year period, so broadly half the size of the SALM contract it previously won. The other contract is with the University of Alberta, the second major university customer secured in Canada. That said, Tribal also said that due to the timing of project completions, profit for the year is likely to come in below expectations, with the slipped projects completing in Q1 15. Consequently Canaccord has cut its pretax forecast by £2.5m to £13.4m (eps: 11.3p) for the year just ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Tungsten - Enters into "multi billion dollar" financing

Communisis - Buys shopper marketing agency

Tribal (September 2022)

Tribal - 5 year plan to double ARR (April 2022)

Tribal (March 2022)

Tribal - Annualised recurring revenue of £49.6m (September 2021)

Tribal Group (January 2016)

Tribal Group (November 2015)

Tribal - Targets eps of 17p by 2017 (April 2015)

Tribal (March 2015)

Tribal (September 2014)

Tribal (June 2014)

Tribal - Higher margin software sales climb (April 2014)

Tribal Group (February 2014)

Tribal Group - Names North American customer (September 2013)

Tribal Group (June 2013)

Tribal Group - International sales climb sharply (April 2013)

Tribal Group -Eps enhancing aquisition (January 2013)

Tribal Group (September 2012)

Tribal - Awaiting upgrades following NSW deal confirmation (May 2012)

Tribal - Vast opportunities in educational outsourcing (April 2012)

Tribal - Good long term prospects (July 2002)

Tribal - To beat expectations (May 2002)

Tribal Group - First move into healthcare (March 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X