Tribal $TRB, Recovery Play, Cheap Business with a defendable moat

Entered Tribal a couple of days ago at 27p ($TRB) – following 50% fall.

Tribal produce student record software.  I innately like the business – the software is complex and highly linked to other processes/ procedures, certainly in HE, also in the other markets Tribal serves.  This makes switching difficult and costly, acting as a pretty effective moat.

Continue reading “Tribal $TRB, Recovery Play, Cheap Business with a defendable moat”

Advertisement