Triad Share Discussion Threads

[netcurtains] 11/9/2020 15:27

joeog: No I'm not doing that this time. Quite happy as is.

[joerog] 11/9/2020 14:24

Net. Have you managed to get into the zoom agm? I asked HL and they weren't able to help so I emailed the company and no reply yet.

[netcurtains] 08/9/2020 14:17

The Hydrogen rise (35%) - its worth noting that Triad also are in the "recruiting" business - for IT consultants so there is some overlap. Who knows perhaps the chairman will sell .

[netcurtains] 05/9/2020 07:52

Triad job page: they are still recruiting more permanent people
-

[apox123] 02/9/2020 11:40

hxxps://www.indeed.co.uk/cmp/Triad-Group-PLC

[netcurtains] 02/9/2020 09:44

Second biggest riser on FTSE100 again is AVEVA GRP - sector: Software Development
Every firm in the FTSE250 in software development sector up including AVAST up over 5%. In rest of FTSE (small cap etc) they are also mainly up.

[joerog] 01/9/2020 07:44

I tried to register for the video call but have needed to request my ref. number from my broker. i intend to watch.

[netcurtains] 01/9/2020 07:36

AGM 24th September.

[netcurtains] 31/8/2020 10:27

Looking back over the week nearly all the big risers in FTSE fledgling, small cap etc were SOFTWARE companies: ALFA, SDL, NANO, NCC.
Biggest riser over the week on FTSE 100 was AVV (also Software and computer services).
Triad also had small rise during the week and some more buyers coming in.

[joerog] 28/8/2020 10:45

You would expect them to be very busy with keeping people working and adapting to the changes too. This might be why they have recruited more people. I suppose public sector has dropped but that could pick up again.

[netcurtains] 28/8/2020 08:00

Largest rise on FTSE100 over past 5 days has been "AVEVA GRP". This company is in FTSE sector: "Software and computer services" - as is triad. Aveva has gone up 21% in past five days.... Not bad for a FTSE100 stock.

Software development appears to be HOT!

(Sage group also gone up in FTSE100 - also in sector "Software and computer services")


In the small cap PARTITY has gone up 50% since April.
TRIAD is still (more or less) flat since April....

[joerog] 27/8/2020 10:25

Good post, Netcurtains. I would like to think I would buy more if it dips but I doubt it having watched it for a while now.

[netcurtains] 27/8/2020 10:04

Joerog: That was my view (why I keep buying adhoc amounts) - I think under 30p (with its 3.5M cash "mountain" It seems a great bargain for recovery.
Wall Street Journal actually says its a £3.8M cash mountain

The market cap is £4.2M - so the entire company (using market cap minus cash) is valued at just £0.4M - a company that "often" makes profits of £1M.

Often CHEAP companies are valued at NAV (£5.5M) PLUS 10 times normal profits..

So you could argue that Triad should have a market cap of £15.5M or a share price of about £1.20 (on a good year).

Its not going to happen but it is a target I have in the back of my mind for very long term...

[joerog] 27/8/2020 09:36

Netcurtains: I too am in again now. I have looked back at the results again, the share price, the notes about how they coped and are coping with Covid-19 and I think it looks like a good growth opp from this very low level. It just seems unloved or there was a seller as I would have expected a bit of a recovery by now based on the results. I agree about your targets

[netcurtains] 27/8/2020 09:29

"IF" Triad makes a profit this year AND their cash pile remains about £3.5M

Then perhaps we might get 50p price? perhaps 60p? (seems fair on past form)..

If they reinstate a dividend then perhaps 80? (on past form)..

We can tell how Triad is probably doing by looking at the big players:
CGI.. (they are in all the same markets as TRiad)

You will note they crashed with the covid crisis and then, more or less, recovered every month since:



From their results (in July 2020):
"
Looking ahead, we believe market and business conditions for our end-to-end services will gradually improve throughout the rest of this year, and we see expanding opportunities for profitable growth through both build and buy."
"

[netcurtains] 26/8/2020 12:08

IT working from home.
Do IT companies save a bit of money if employees working from home (eg lighting, heating, coffee, tea, etc etc etc). I wonder if Triad will soon ditch that massive HQ it has in Godalming as a bit of a waste of space.

[netcurtains] 26/8/2020 10:08

LOL - I think you're right diku. Yep its much worse to have no work then be very busy... ITs a different type of stress, and for most people its worse.

[diku] 26/8/2020 10:02

If they have no work they are stressed..if they have too much work they are stressed...think they don't know the meaning of stress...

[netcurtains] 22/8/2020 09:10

interesting snippet from BBC on IT workers getting stressed as too much work:

"
"Given the nature of an entire country working from home, keeping those IT systems working and functional is far greater than it was before - we have to make applications and collaboration tools work and that's where IT teams in particular have a lot of pressure placed on them," Mr Hirst says.
"

hxxps://www.bbc.co.uk/news/business-53683463

[netcurtains] 21/8/2020 14:46

If getting worried about the FTSE100 and want to take it easy....

Triad is a my secret weapon - I just feel it will "blow" some where down the line - possibly September but could be October or November..... Its a months trade not a day trade but the rewards could be so much greater

[netcurtains] 20/8/2020 09:32

Another one of my NETNETs shot up today PHSC. That makes three that have made me 100% profit: EVE, PHSC and FCCN...

I believe TRIAD could do better

[chrisdgb] 18/8/2020 10:54

Totally agree, the quiet months require patience..........

[netcurtains] 18/8/2020 10:18

chrisdgb: I suspect the guys what do that sort of thing are away on holiday (it is august).

I'm really expecting things to pick up September onwards (if it does pick up).

I think there was new blood on the board of directors recently so lets see what the new guy(s) can do (once back from holiday)

[chrisdgb] 18/8/2020 10:16

If the company are trying to 'refresh' themselves, it would be nice to see more communication..........agree it looks a bargain

[netcurtains] 18/8/2020 07:43

Could traders be beginning to look at FTSE Small Cap? I sense FTSE 100 might be a bit wobbly and people looking for very undervalued stocks. Cant get cheaper than TRIAD PLC.