Share Name Share Symbol Market Type Share ISIN Share Description
Triad Group Plc LSE:TRD London Ordinary Share GB0009035741 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 36.00 34.00 38.00 36.00 36.00 36.00 0.00 08:00:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 22.7 1.0 5.6 6.4 6

Triad Share Discussion Threads

Showing 2776 to 2800 of 3100 messages
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DateSubjectAuthorDiscuss
12/3/2019
22:04
Yes, I guess the market has forgotten or lost interest in TRD given that the company has been in relative stasis for about 15 years after the bust of the IT boom in the early 2000’s (price zooming to 800p in the late 90’s and back to 25p in about two years). I had a look back to see how John Rigg and Mira Makar ended up having 29% each and it was finally because the company, having crashed its share price, bought back around 40% of its shares from third party investors at rock bottom prices in 2002. Those sellers must have been demoralised at that stage to agree to sell back to the company! Just for passing but relevant interest, Mira Makar became CEO in 1997 and separately John Rigg gifted her nearly half his shareholding in 1998. This is all covered in RNS’s from that period. It all blew up internally around 2004-05 and the company has not really gained take off ever since. The question for me is whether this is a bit of a lifestyle company for Mr Rigg given he is interested also in the company lease contract (per notes in the accounts), whereas now that the younger directors have or will have half decent interests in shares via their options, they may want to sharpen up the company’s approach going forward. This also comes back to Netcurtains’ question about whether John Rigg might ever contemplate exiting and if so would he be able to engineer a sale himself or leave the management to the younger directors. Points for debate perhaps but it will be interesting to see how the year to March 19 plays out. The interim statements and outlook suggested to me that they won’t be great but of course the share price has adjusted southwards by some distance to discount this.
bones
12/3/2019
17:47
Timing, this should be at least about £1 in a depressed market. It shouldn’t take long but not everyone can wait for it to get back there.
brendainvesta
12/3/2019
15:24
Yep not better bargain in IT sector
netcurtains
12/3/2019
15:01
Agreed sicknote. I ponder why someone would sell @ 43p :)
bones
12/3/2019
11:59
Just needs buyers and patience bones Market generally looks lacking support Sicknote
s34icknote
12/3/2019
11:23
A 30,000 share sale @ 43.5p. I mean, really?
bones
08/3/2019
22:52
Buywell2 - Any more squeezing from her “She that can not be named” and she goes to prison. The only way she can damage the company now is by selling all her shares, this would just be a temporary dip and also a massive bargain/buying frenzy for the people that know the company is healthy and invest in it for the medium/long term.
brendainvesta
08/3/2019
22:46
Good work bones, but bloody hell Duckworth looks older than that!
brendainvesta
08/3/2019
21:24
The way I see this share just now Is that Mira has it by the balls If she squeezes said sweet meats Many will call her a nasty c.w Not me though , hence the dot
buywell2
08/3/2019
19:57
Netcurtains, reference your posts: netcurtains 8 Mar '19 - 14:33 - 1248 of 1256 Do we know how old John Rigg is? Just thinking - potentially, down the road, he might sell TRIAD for about £1 to £2 a share (especially if each year they add £1M to £500K to the cash pile). netcurtains 8 Mar '19 - 14:39 - 1249 of 1256 Or he might retire by doing a Special ONE OFF SPECIAL dividend, giving the millions in the bank to us share holders. He must be approaching 70 (as he was an MD in 1983 - so assume youngest age was 30, that makes him minimum 66). Tend to think he'll sell the company or special dividend the lot before he retires. Per Companies House records, the board are aged as follows: Age per Co House records John Rigg (Exec Chair) 72 Nick Burrows (FD) 47 Adrian Leer (MD) 53 Chris Duckworth (NED) 65 Alistair Fulton (NED) 70 Steven Sanderson (NED) 57 I'll leave it to others to comment but it's quite mature :) Netcurtains, you may have a point!
bones
08/3/2019
19:24
The next AGM has the potential for fireworks. At the last one, Mira Makar only had 1.2M to play with, the rest being held by the "Trustee". Now she has 3.9M. Last year, around 40% of the total shareholders (excluding MM) voted, so her shares amounted to 16% of the votes cast. Next time, she has a gross 25% so votes could be much closer and special resolutions needing 75% of the votes might fail to be passed. Maybe that is what John Rigg had in mind in the 1st March RNS last week when he said: "Mira Makar is the registered holder of 3,951,452 shares in the Company (24.74%) which makes her the second largest shareholder by a substantial margin. We trust she will lend her full support to the current successful efforts to take the Company forward. The Company remains as always open to a constructive dialogue with Ms Makar in order to describe and explain current developments and progress."
bones
08/3/2019
19:01
Arthur, see post 1251.
bones
08/3/2019
18:12
Well who did then?
arthur_lame_stocks
08/3/2019
17:50
Well done Bones that makes more sense.
brendainvesta
08/3/2019
17:14
From a cursory search, it seems Thomas Charlton is an ex-Blackrock UK Investment Director (until 1998). htTps://beta.companieshouse.gov.uk/officers/3eJL7quOZWlmHcG1hpFhe0R2YxI/appointments Nowadays, he is an investor with interests in small companies, based on page 1 of a Google search throwing up Petards, French Connection, Touchstar, etc. Clearly he did not vote against anything at the AGM in that size and why would he?
bones
08/3/2019
17:11
It is completely obvious from the 5/9/18 RNS, result of AGM, that the person responsible for the "Against" votes was Mira Makar. The very first line shows 1,257,999 against, the exact amount of shares that Paul Atkinson (the "Trustee") did not take from her, as I laid out in my post 1244 above. The other votes were very similar in size.
bones
08/3/2019
15:04
Just wondering how do you know how Tom voted?
brendainvesta
08/3/2019
14:39
Or he might retire by doing a Special ONE OFF SPECIAL dividend, giving the millions in the bank to us share holders. He must be approaching 70 (as he was an MD in 1983 - so assume youngest age was 30, that makes him minimum 66). Tend to think he'll sell the company or special dividend the lot before he retires.
netcurtains
08/3/2019
14:33
Do we know how old John Rigg is? Just thinking - potentially, down the road, he might sell TRIAD for about £1 to £2 a share (especially if each year they add £1M to £500K to the cash pile).
netcurtains
08/3/2019
14:20
I don't know much about Thomas Charlton but he did turn up to the AGM dressed very smartly and I think it was him that voted against all the resolutions so I guess there's something about the running of the company he's not happy about.
arthur_lame_stocks
08/3/2019
13:54
Wiganer, Nick Burrows is able to exercise options over 125,000 shares currently, just a case of when it suits him I guess. Can buy 100,000 @ 13.5p and 25,000 @ 11p. He will also be able to exercise another 75,000 after March 2021 but those will cost 53.5p each. Adrian Leer's current total of 155,379 included 150,000 bought under options just last month (100k @ 11p and 50k @ 13.5p). He also has a further 150,000 lined up at 53.5p after March 2021. The good thing now is that both of these main executive directors have or will soon have a decent number (well, just over 1% each!) of personal shares to make it that little more worthwhile to get the share price moving albeit they have already quadrupled their little investments. I agree it would be nice to see a little more (paid for) equity in the hands of the directors to lend incentive. Their respective salaries are reasonably comfortable in the £140k - £170k range including perks but excluding share options. Probably not enough to make the company a lifestyle vehicle, so yes boys, let's see some share price appreciation as part of strategy and make yourselves a little richer!
bones
08/3/2019
13:25
Many thanks for that bones, really helpful. Would be nice to see Nick Burrows buy a few, as a sign of confidence.
wiganer
08/3/2019
12:14
Given the furious debate about shareholdings that had been happening here, I thought, for my own research as a new shareholder, I would take a look back through recent years' RNS's and the last published accounts to see if the position could be determined. My findings are (apologies for any formatting issues): No. of shares % of shares John Rigg (Exec Chair) 4,509,400 28.24% Mira Makar (ex-CEO) 3,951,452 24.74% Thomas Charlton (PI?) 927,500 5.81% Alistair Fulton (NED) 354,100 2.22% Adrian Leer (MD) 155,379 0.97% Steven Sanderson (NED) 104,089 0.65% Nick Burrows (FD) 14,893 0.09% Chris Duckworth (NED) 13,379 0.08% Other holders 5,938,787 37.19% (being employees and PI's holding < 3%) TOTAL @ 8/3/19 15,968,979 100.00% From what I can glean from the Paul Atkinson RNS's over the period and using the amount now owned by Mira Makar per the RNS of 1/3/19 just put out, Mira Makar's holding prior to Paul Atkinson's involvement would appear to have been 4,507,951 or virtually the same amount as John Rigg. It appears then that Paul Atkinson acquired 3,249,952 (as Trustee) from Mira Makar on 7th April 2017 (RNS dated 28/4/17). By deduction, that left her holding 1,257,999 in her own name. Paul Atkinson then sold 556,499 into the market during April and May 2017, leaving him with 2,693,453, which ultimately went back to Mira Makar on 25/9/18 (RNS 2/10/18). Added to her 1,257,999, gives the current amount of 3,951,452. The other non-director is Thomas Charlton who first appeared above the 3% threshold in early 2016 and quickly accumulated shares over the next year. I don't know anything about him or his intentions. Maybe the more knowledgable here do? I stress that all of the above is gleaned directly from holding RNS's and the published accounts for y/e 31/3/18 only. I have no memory of what was in the deleted posts from Mira Makar and read very little of them in practice due to their length! I am struck by the lack of any institutional interest above 3%.... I think there were some in prior years (LionTrust reduced at one stage), but nonetheless.....!
bones
07/3/2019
21:24
I think I saw in the newspapers today that they use transit vans to move the piles of cash from office to office! Maybe a shortage of office chairs.
brendainvesta
07/3/2019
16:32
I'm guessing they might be knee deep in Brexit work
netcurtains
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