Triad Share Discussion Threads

[chrisdgb] 18/11/2020 10:39

Good to see some interest here, let us hope the results provide some nice clarity going into 2021..

[encarter] 18/11/2020 09:13

From last results." The group remains debt-free except for lease liabilities arising due to the application of IFRS 16 and enjoys strong reserves of cash. We will continue to monitor the situation carefully and will take the actions necessary to preserve the health and wellbeing of the organisation, maximise gross profit and drive profitability.DividendThe uncertainty caused by the Covid-19 outbreak means that the conservation of cash is more important than ever. Consequently, the Board has decided not to augment the half-year dividend, meaning there will be no full-year payment. Nevertheless, the dividend yield remains healthy at 4% for the year"That says it all. No debt. Plenty of cash. Still paying half year dividend imho.

[belfry17] 18/11/2020 08:31

I don't use charts often and have very limited knowledge but the tide seems to have changed so hopefully we go on a little run prior to the results back into the 30s.

[netcurtains] 18/11/2020 08:21

Price now back to October levels.
Would be good to get back to May/June levels.

[belfry17] 17/11/2020 13:03

We used to see this more with shares but I think this is a run into the results so we'll probably see more trades for the next week or two. At least there are more than just the handful of us watching this one.

[netcurtains] 17/11/2020 12:46

looks like buyers moving to small caps

[netcurtains] 17/11/2020 08:24

I think as long as people are not investing for THIS set of results but the NEXT one we should be OK. This is not a pump and dump stock at these silly levels.

Its an invest and hold for reinstatement of dividend and £1m profits again sometime down the line.... Hopefully within 6 months.

[belfry17] 17/11/2020 08:21

Same. I asked the question a while ago about whether they would consider a trading update. They were good at replying (lots just ignore you at other companies) but said they don't do them. Other companies would rns big contracts like the £8.6m and £4m ones they got from the public sector earlier this year.

[brendainvesta] 17/11/2020 07:18

I hate this waiting I wish they would make a few more announcements throughout the year.

[pride23s] 16/11/2020 19:18

We shall see

[netcurtains] 16/11/2020 13:12

Almost fell off my chair - the price has gone up.

[netcurtains] 16/11/2020 10:25

Strong case to say results will be next week. Softcat up 8% today. Market Cap £2bn

[netcurtains] 16/11/2020 07:50

Softcat plc trading update:
The Company performed well during the Period and delivered year-on-year growth in revenue, gross profit and operating profit while also achieving its recruitment targets. Cash generation has remained in line with normal trends. The Board is pleased with the results to date and notes further positive momentum heading into the second quarter.

I dont think Triad will be in profit but I hope we will be in an upward trend - same as Softcat.

[netcurtains] 13/11/2020 13:04

Results (total guess), most likely to be week after next.

[belfry17] 11/11/2020 09:49

If that happens then this price is very cheap. In my view, the price at the moment reflects another similar year to last, so any reversal is a major positive.

[netcurtains] 11/11/2020 09:31

In the results I'm hoping for:
a) break even (or very small loss)
b) perhaps reinstatement of a small dividend
c) a forward statement saying they are doing well (contract wins).

I want the impression from results that they are well on
course to be making £1M+ annual profits again.

[brendainvesta] 10/11/2020 09:59

A buy this morning and what looks like an off the books 10k buy yesterday.

[belfry17] 10/11/2020 09:42

I agree and also think that the past day or two has been a turning point for people to buy in in the run up to results.

[netcurtains] 10/11/2020 09:28

Its on the up -
ALL IT booming

GOVERNMENT IT is particularly booming.
Triad must be doing better than being worth just the net result of this sum: Mrk Cap - cash =£10k NET

Come on! Currently this company must be worth a lot more than £10k NET

I'd say it should be worth at least £10M net (share price of about £1)

[brendainvesta] 10/11/2020 07:13

Does anyone understand the trading numbers yesterday? 76k traded but published trades much less than that and one looks reversed!

[belfry17] 09/11/2020 12:22

There are buyers too, net. Good results at this time when markets are like this would be lovely.

[netcurtains] 09/11/2020 10:27

£4.6k sale just a week or so before results... That does not look good.
On the other hand they might need the money elsewhere this second.
On the plus side someone bought £2k as well....

Market cap: £3.85m

But Triads cash pile is: £3.84m

So entire company is now valued at £0.01m or £10,000 quid!!!

"IF" this company makes a profit (even if TINY) in the results
or reinstates even a TINY dividend it will go ballistic - it least it should!!

EDIT: Correction: when I said: "it will go ballistic" that should read "it SHOULD, if market was rational, go up a significant amount".

[netcurtains] 09/11/2020 08:09

Not sure if TRIAD results this week or next or perhaps the week after.
Its one of those long game stocks....
If you consider 3 weeks a long game.

[brendainvesta] 31/10/2020 17:28

It’s a good time for IT companies. Triad have refreshed their board. They are recruiting. At a time when many companies are struggling Triad have a small mountain of cash thanks to cautious management. It’s almost as if they were prepared for this very situation. There are few negatives. I am not saying next week or the week after but very much worth a punt and keeping an eye on.

[belfry17] 30/10/2020 20:19

I like your optimism but what is it based on?