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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Tribal Group - Opens up new leg in healthcare outsourcing

June 2002

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.

  • Epic Code:
  • TRB
Until last month, Tribal, the provider of education support services,  was  the only one of our five New Year NAPS threatening to get left behind.  But this looks set to change  following another strong trading statement, further contract wins and a major acquisition.  The shares have already risen to 356p, making for a 16% gain since our 306p tip. Of thethree contract wins and one renewal, the £4.6m deal to carry out 340school inspections during the period to July 2003 (announced on 25April), which represents a massive 9% market share, raised the most eyebrows. Baird's latest note  points out that Tribal'sannualised turnover is now close to £60m,  putting the group on aprice to sa ...

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