Triad Share Discussion Threads

[sunshine today] 01/5/2024 12:39

It”s excellent news, as you rightly point out, it puts a cap on the industries wage bill.

However from Triads perspective is even better.

Triad only hire the best, and some of that cream is hitting the jobs market right now, just at the very time Triad is expanding at pace.

25% more staff are now employed than 6 months ago. Source : Triad LinkedIn page.

Thats a prospective growth rate of 50% P/A.

I can't think of any listed company in Triads space, that is growing at anything like that. In fact i would go so far, as to speculate, most have a hiring freeze, or growth rates of no higher than 10% at best.

Average, in today’s climate, is simply, just not good enough.

[netcurtains] 01/5/2024 10:33

Are these layoffs by Google (and others) a worry for the software industry generally or is it only good news for Triad as it means wages will not go through the roof:

[bones] 01/5/2024 10:05

We expect a full report!

[phil2003] 30/4/2024 21:44

NICE..
Bought this 3 years ago into wife’s Sipp, just showed her Triad balance..
Hotel this weekend without the kids… YOU do the math
😎 Thanks Triad

[bones] 26/4/2024 12:57

Nice one ST. Call off from RM6263 and lasts until 30 March 2026.

[sunshine today] 26/4/2024 12:49

IDET DDaT Professional Servies
Department for Energy Security & Net Zero

The provision of DDaT (Digital Data and Technology) resources and/or outcomes to DESNZ IDET (Industrial Decarbonisation and Emissions Trading) Directorate.

Procurement stage Awarded contract
Contract location SW1A 2AW
Awarded value £4,250,000
Awarded supplier Triad Group plc
Publication date 26 April 2024

[bones] 26/4/2024 12:14

Don’t know :D

[netcurtains] 26/4/2024 09:21

so basically all we can say is
a) its a huge amount...
b) either someone has sold to someone else and this amount is under 3%...
or
c) possibly a director moving SIPP from husband to wife (or other family member)...
d) No RNS which is weird-ish
e) Or there will be an RNS but there is no RNS as yet as this transaction is not complete.

[bones] 26/4/2024 09:11

Yes it could, but can be a move within a SIPP or from a husband to wife or vice versa.

[netcurtains] 26/4/2024 09:07

Weird that no RNS....
So implies the trader(s) is someone (or two people) who is just under 3%?

Perhaps PI has just sold to Institution....

[bones] 26/4/2024 09:00

Maybe a transfer within the Rigg family? Bound to be thinking of tax planning with the 30% holder nearing 80 years old. Either way, it was clearly a coordinated transfer of shares. Not sure it is anything significant.

[netcurtains] 26/4/2024 07:29

link to trade (second image down) - it cant be moving to an ISA as too big....So not sure what it was

[balcony] 25/4/2024 16:32

425K trade at 255p might be for tax reasons.

[netcurtains] 25/4/2024 15:53

Does that say 0.8 million shares ?

[bones] 22/4/2024 13:42

Yes, that is line with the recent update that said there will be a lot of “investment221; (aka new staffing, training, etc) in the new business so will impact the results to y/e 31/3/24 but the end result will be a primed beast ready to rock and roll in the years to come!

[sunshine today] 22/4/2024 12:08

Triad new staff number jumps to 24% over the last 6 months, with little sign of stopping, 7 open vacancies today.

Source : LinkedIn


Triad are experts in the hiring field, having previously run their own agency for computer IT contracting and permanent staff for 30 years.
The business model has since changed, 2 or 3 years ago ,(now only hiring for themselves, as the agency work was low margin.)

Most of the positions inform potential applicants that they will often be working in groups of three. That allows each new staff member to mentored by two longer term employees ,for a few months, to pick up on the Triad ways of delivering excellent client services.

[netcurtains] 22/4/2024 09:56

HSBC raising targets of software houses - eg

HSBC raises Bytes Technology to 'buy' - price target 625 pence

[netcurtains] 22/4/2024 07:33

Good news for TRAIDS business model....
Todays update on Umbrella Companies (BBC News Radio 4 this morning)...
Agencies will be forced to pay contractors tax rather than umbrella companies.
This will make being a contractor less favourable and
thus the pool of potential permanent staff will increase.
This is great news for IT companies looking for good
permanent staff... Good news for Triad.


Read section entitled: "Tackling Non-Compliance in the Umbrella Companies Market"

This is the bit that will probably put a nail in the coffin on the Umbrella:

"....an online pay checking tool. The government is minded to introduce a statutory
due diligence regime for businesses "

I suspect the online checking tool is going to get an awful lot of dodgy accounts...

[sunshine today] 20/4/2024 07:27

Great article on AI,



“Taking the use of these technologies outside of handy productivity hacks and into the genuinely transformative change arena will involve a hell of a lot of housekeeping to be done first: accessing and cleaning up data, being a big one.”


“The choice of AI technology partner is incredibly important and significant market testing will be required before operating at scale.”

///////////////////////////////////////////////////////////////


Data Housekeeping is right up Triads street, aided by Microsoft.

More to the point, the work to get AI into the market place, with a product worth its weight, is grossly underestimated and overlooked by the average person outside the Tech sector.

In essence you can forget AI in Government until the Data issues are worked through.

[sunshine today] 19/4/2024 19:11

Triad new hires have now jumped to 22% as per LinkedIn over the last six months.

7 open positions on offer.

[sunshine today] 16/4/2024 14:30

Bramble Hub

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1,052 followers

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We are delighted to announce that Triad Group Plc has joined our network of partners, enabling us to bring their digital transformation skills to the UK public sector

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[netcurtains] 16/4/2024 13:44

The market is quite hot at present for UX / UI
Even I get quite a few enquiries...

I think UX in particular is relatively safe from AI
for quite some time.....

[sunshine today] 16/4/2024 08:23

LinkedIn showing a jump in Triad new staff hires, over the last 6 months from 18% to 20%.

7 positions are currently offered.

Most if not all, with immediate start requirements.

[sunshine today] 13/4/2024 11:41

I missed the extension of the uk Crown Commercial AI Framework Agreement, last year.


Agreement ID RM6200 Start date 03/09/2020


New end date 04/11/2024 Lots 1

Triad won a place on this Framework back in 2020.

[sunshine today] 12/4/2024 09:11

This business attitude is the correct one. In theory it brings in constant repeat contracts and attracts new clients .

“And it’s the quality of delivery that clients talk about the most because we have talented people who can deliver, whilst also leaving something extra for the client at the end.”