Triad Share Discussion Threads

[joerog] 24/9/2020 10:46

Thanks for the update. I couldn't get in in the end. Did you hear anything you didn't already know? Thanks

[kinwah] 24/9/2020 10:23

The AGM was a waste of time unless you could type a question in under 30 seconds. Tom Charlton squeezed a question in regarding the break clauses in the property leases and whether there was the intention to exercise them when possible. For a company where everyone now works from home it would only seem sensible to cut the property expenses to an absolute minimum and plan to exercise those break clauses when they arise.

[joerog] 22/9/2020 09:47

I agree, net. They have ignored me re the AGM or at least not replied yet so I will ring if I am that bothered about watching the AGM. If they announce improved results when they are released then this will do really well. Their articles suggest they are forward thinking unlike what that employee feedbackWebsite said (I saw a link on here)

[netcurtains] 22/9/2020 08:39

indeed - waiting for results. Pretty sure they will be better than last time but how much better I have no idea and even if better I have no idea if that will move the price.

What I do know is they have the cash pile.

They tend to be in work, and if they do OK they will pay a dividend.

[buywell3] 22/9/2020 08:28

U R ploughing a lone furrow here net

[netcurtains] 22/9/2020 08:27

Interesting link on twitter concerning work Triad have been doing for the government:

[netcurtains] 15/9/2020 07:51

joerog: The article by Dave Horton appears to be one arm of the marketing campaign for Triad PLC during covid and that is pointing out that all these repetitive non-automated tasks - especially when working remotely so people working with different sets of data, is wasting money and time. API it all!!!
Triad are saying Carpe Diem - Seize the day and get it automated now!

[netcurtains] 14/9/2020 19:51

I'm currently looking at the Avengers on Britbox. John Steed is undercover working for "united automation" so perhaps that is a sign from the gods of synchronicity.

I think most of their staff tend to work for the government (at least that is my gut feeling) - "machines that think" who would have thought 1960s fiction would end up being almost reality in 2020.

[joerog] 14/9/2020 19:44

Net: good research as usual. I had a look into triad some more and there seems to be a lot about automation but I don't know how successful they have been with this; they claim that companies who adapted early and paid the costs are now getting the rewards in doing so.

[netcurtains] 14/9/2020 18:57

Parity PLC has risen 50% since March lows and now has market cap of £8.5M...
For Triad PLC to valued as highly as Parity PLC we would need to double in price to about 50p.

[netcurtains] 14/9/2020 15:49

CGI (Logica) is Triad's main 'competitor' in the IT support and dev work around UK.
CGI has risen 70% since March lows... Its up again today:



Triad was 37p before March crash... To match CGI we would, at the very least, need to get back to 37p.

I have no idea why we are not 37p now but, I guess, if we make a profit in Oct/Nov accounts we will be back to 37p (or at least should be) and a lot higher.

CGI's pe ratio is about 20.

[netcurtains] 13/9/2020 09:28

From 15th June 2020: Data and software development roles saw an increase in volume (1% and 8% respectively), making it one of the few industries to increase hiring since the start of the pandemic – according to a COVID-19 impact analysis report released today by specialist recruiter Randstad.

If you look at LinkedIn (for August 2020) the fourth most in demand job is "software Engineer"
If you just look at the most in demand jobs for remote working its nearly all IT jobs..

[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...