Triad Share Discussion Threads

[belfry17] 20/10/2020 18:59

Thanks for the details - I suppose you know a little about the sector then. I am sure I read that they did some disaster planning and worked out that they would be ok for 5 years without external funding. The directors have also been buying at higher levels. I had a look at the other company you named earlier and saw the sizes of contracts they have won from the public sector but then saw the siZe of their market cap as well!

[netcurtains] 20/10/2020 18:40

In the past they have done everything from Electoral Commission (must admit home page looks a bit like Triad): Https://www.electoralcommission.org.uk/ to CPS: https://www.cps.gov.uk/ to Department of Transport (emissions) to "Home Office" (which covers a multitude of things). I have no idea if they are back in profit - but if its anywhere near close I would expect some fireworks... I dont think (not certain) that blockchain really is big for Triad.. They do a lot of GIS but I dont know anything about that (I'm a Java java-script developer)

[belfry17] 20/10/2020 18:09

Up to generate profit again. For some reason the app stops me seeing what I am typing after a while so I am typing blindly.

[belfry17] 20/10/2020 18:08

Ah, I see - that means a month away or just over. I have tried to find a little more about the agreement re blockchain with Stratis. Have you come across anything? I looked back at old results and nearly have of their income came from public sector work and as much as 28% with one customer in 2018, I think. That was also a large public sector contract. I hope that hiring more staff means lots of work and revenue back

[netcurtains] 20/10/2020 17:09

Belfry17: The "two": I think they were late last year (waiting for a late contract to come in) so I'm putting my money on NOVEMBER... 2018 27th Nov Tuesday 2017 22nd Nov Wednesday So I'm going for Tuesday 24rd Nov but would not be surprised if week earlier.

[belfry17] 20/10/2020 13:09

Well, they didn't actually say a month or two - they said soon so I looked to see when last year's was.

[belfry17] 20/10/2020 13:09

That is promising. I emailed asking if they would do a trading update or if they had ever considered one and they said no and that the results will be our update in a month or two.

[netcurtains] 20/10/2020 12:43

Trading update from Kainos (AHEAD OF EXPECTATIONS - PUBLIC SECTOR IT) 14th OCTOBER: Kainos Group plc (KNOS), a leading IT provider, operating across two specialist business areas, Digital Services and its Workday Practice, today issues a trading update for the period from 1 April 2020 to date. Driven by the structural shift of digital adoption, ongoing customer demand remains high and this has resulted in a very strong trading performance within the period. We therefore expect results for the full year ending 31 March 2021 to be materially ahead of current consensus of revenue and significantly ahead of adjusted profit forecasts. As referenced in our September update, our Digital Services customers continue to prioritise digital transformation programmes in the NHS and Public Sector, and as a trusted partner to the UK Government, we continue to support these critical, long-term programmes. TRIAD too works in the same area. "A rising tide raises all boats"... Kainos went up about 30% on the news.

[netcurtains] 19/10/2020 10:40

Triad are looking to expand their head count quite substantially. There are 9 full time jobs on their job site, all for permanent staff of Triad. I'm not sure but I think their total head count is between 40 to 60 so to expand by 9 is quite a lot (between 15% to 25% increase ). I suspect they are in quite a major expansion phase (this is just a guess by looking at small snippets of contract info and staff recruitment).

[belfry17] 15/10/2020 13:26

Looking back, the next results could be as soon as November (the end of November). If we get a big public sector contract in the short term then this could get really exciting. At the moment, it is very good value but no one knows about it, or wants to knows about it as it seems a bit dull.

[netcurtains] 15/10/2020 09:13

This contract for Department of Transport went live in June 2020.. I wonder which month the payment falls in? Https://www.triad.co.uk/case-studies/dft-kubernetes/ the website (I think) https://www.gov.uk/guidance/manage-motor-fuel-greenhouse-gas-emissions

[netcurtains] 13/10/2020 16:23

Triad having a webinar tomorrow: Https://twitter.com/TriadGroupPlc/status/1315969877858025477

[netcurtains] 05/10/2020 17:31

If Triad PLC had won that government covid statistics contract - not only would the government have saved some money on an over complex excel statistics database they would have got some consultants who can add up properly too! Covid stats! What a shambles! Should have called Triad!

[joerog] 30/9/2020 10:42

Chris: they don't seem to announce contracts individually, which thinking about it yesterday is a bit strange. If they get another big public sector contract then it will be very exciting for the company and helps us get closer to profit again (with cash at nearly the same level as the market cap!)

[netcurtains] 30/9/2020 10:38

chrisdgb: Well we know they have the £4M contract (they stated in last results and joerog confirms via his link). I suspect they also have another largish contract in public sector arena.

[chrisdgb] 30/9/2020 10:32

Contract news would be good........!

[netcurtains] 30/9/2020 10:11

Triad looking to win contracts in company Finance Departments: Https://twitter.com/TriadGroupPlc/status/1310511301622468609

[netcurtains] 28/9/2020 16:37

joerog: They certainly had a great test team working for Triad just a few years back ...

[joerog] 28/9/2020 15:45

I wonder if they went in for this one too: hxxp://bidstats.uk/tenders/2019/W41/712704134

[netcurtains] 27/9/2020 17:41

joerog: Impossible to say... But it could also lead to development too (I would guess)

[joerog] 27/9/2020 17:39

Thanks. It is good because our public sector work might be around £10m a year, which is around half of the total revenue. That contact alone represents around half of the public sector work alone. I might be being stupid, but which year will that fall into?

[netcurtains] 27/9/2020 17:06

joerog: nice find. It ties in with "results"...This important contract, to deliver a complete business analysis capability, started in March 2020 with an expected contract length of two years.This is an extremely significant achievement "extremely significant achievement" in legalise in results documents probably means something.

[joerog] 27/9/2020 13:14

I think if we can keep public sector work and do more relating to the modern way of working, then surely revenue will increase. I have just had a look on Bidstats and they have won over £10m on there since March (some fall in the last year's results?), I think, but some is over two years +. Interesting, though. You can type in Triad group to see what they have won.

[netcurtains] 27/9/2020 09:38

Another interesting tweet from Triad PLC: https://twitter.com/TriadGroupPlc/status/1308361567298301952

[netcurtains] 25/9/2020 08:16

Thanks for the feedback. This is really the long game here. Buy low (its a good low price) and wait for better news than last year. Ideally a dividend and or small profit.