Triad Share Discussion Threads

[sunshine today] 03/1/2021 19:35

Profits is what drives share prices.

They need to be growing fast and be stable

BAAS is going to do just that, with a partner who can take a large market share.

The cost to you today for a lump of that action is £4M (£8M market cap) less the cash.

I think we’re going from that £4M to £80M in quick order.

All the world can see today’s valuation and decide for themselves action to take, if any.

I think it’s like buying any house, built pre war. You know your have the odd issue but they very rarely fall down.

[bones] 03/1/2021 19:16

ST, I’m not sure a bankrupt has a choice in the matter. The trustee has a duty to liquidate enough assets to pay off debts and whatever value is left gets returned (as last time). What gets returned is value at that time, not what they might be worth at some future date. If that’s in cash and not shares then so be it. It’s like on a death, your inheritance tax bill is based on the value at the date of death.

What I am saying is that this could be an opportunity for the company to do something about the overhang for the benefit of all of the shareholders, not just what suits Dr Rigg and his ex!

Last word on that history from me. I just need to decide if the baggage of that never ending history is worth it for an investment here.

[euclid5] 03/1/2021 19:05

Thanks S Today for your comments

[netcurtains] 03/1/2021 18:54

sunshine Today: Triad have been tweeting a lot over past few months about SME businesses - especially the accounts and legal departments. Are SME account and legal departments a good customer base for BaaS systems?

The internet is FULL of adverts for SaaS Accountancy:

typical example:

What TRIAD say:

[sunshine today] 03/1/2021 18:32

The Stratis coin ( STRAT) is valued at $50M

[sunshine today] 03/1/2021 18:30

Agreed and it’s correct.

This is why I think a fiver is on the cards.


Recap of the Stratis AMA ( Ask me anything ) with our CEO/Founder Chris Trew

16 Dec 2020


I understand that you have do not disclose agreements with companies so can't talk about that but can you tell us specifically the number of companies you have DND's with?



Answer





What we can say is that through our own business development and use cases deployed by our partners such as Triad. We expect the adoption of the Stratis platform to increase exponentially, problems with NDA's will be a thing of the past as our technology is ready and anyone is free to build on top of it, free of cost with support from Stratis


Question 6: How is the collaboration with GLUON and Triad PLC doing?

Stratis remains in close contact with both Gluon and Triad offering our services as and when required. Meetings have already been arranged for the new year to establish goals for the upcoming year. We will be working much closer with Triad in 2021 as we assist them in helping their customers deploy use cases on the blockchain

[netcurtains] 03/1/2021 18:29

Sunshine Today: I'm not saying Kainos has a historic PE ratio of 78, ADVFN is saying Kainos has a historic PE 0f 78 :

[sunshine today] 03/1/2021 18:21

One problem with that Bones.

She believes her shares stand in at a fiver each.

I think she will get that easily, within the next 36 months.

Market cap required £80M

However, profits from the traditional business might be £3M a year on a PE OF 12 going forward, worth a market cap of £30M after tax.

Add just £2.5M of BAAS on a pe of 25 and your at £80M Market cap.

NETCURTAINS tells us the competition has PE of 73

[sunshine today] 03/1/2021 18:04

euclid5,

They,(TRD)want the best for ALL shareholders.

The rating will increase rapidly from now, simply because investors can’t buy potential growth at this ridiculous price anywhere in the market.

In fact as another poster pointed out the competition PE ratio is 73.

Here it’s costing you nothing.

At its extremity it’s 73 times cheaper.

Agreed, it’s not like for like because the profits have not yet shown here.

So discount that 3/4 and look for the correct share price many times higher than it is now.

Your not the only investor who can see value it’s glaring.

Good luck in what ever you decide

[euclid5] 03/1/2021 17:58

Just want to get to the bottom line of the court action that's all - need to take account of all potential risks. So she is happy holding all her 24% of shares. Take it the BoD want her to sell down her majority holding?

she isn't trying to get money / compensation from the Bod for their actions towards her - if so this can be an on going legal issue - If so, this will place a damper on larger investors buying into TRD and for TRD to re rate. That's if the above is true

[netcurtains] 03/1/2021 17:54

euclid5: you're not going to get answers to those questions. The lady's address is probably somewhere - if you want to buy her shares from her I suggest asking. My view is she will not sell to you or anyone - she probably loves triad in a weird way - It seems to me she'd rather go bust then sell a single share - that is quite some commitment.. By the questions you're asking, gut feeling is Triad is not for you.

[euclid5] 03/1/2021 17:50

Partly agree, but there are issues with this co holding the rating back

Not sure what is meant by this wording, and what if she doesn't lend her support to take the company forward - they seem to be needing her support?

" 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] 03/1/2021 17:47

Seems an ideal time for the company to think about buying back the 24.7% from the trustee using some of the cash pile. Subject to clarification of the law and company constitution, this could have the following benefits:

- There would be no objection from the bankrupt shareholder now that the trustee speaks in her place and not on her behalf;

- It would give liquidity to the trustee, enabling any surplus (after paying off bankrupt debts) to be given back to the bankrupt’s estate as cash;

- It would remove the potential share overhang;

- It would supercharge the EPS denominator

These last two events should re-rate the share price immensely.

The company could afford it. At today’s share price, it would cost maybe £2M, about half the current cash pile.

My guess is that the effect of doing this might impact on Dr Rigg’s own shareholding and tax planning (he would get capital payment rather than a dividend) although the company’s interest and that of ALL of its shareholders should take precedence?

As I say, such a move would need plenty of lawyers to examine the various angles impacted but it a seems very sensible course of action to wipe the slate clean and make a fresh start.

Just my thoughts though!

[sunshine today] 03/1/2021 17:23

TRD has a premium listing on the LSE.

It’s by far the best valued stock your ever going to see at 50P.

The market cap is plainly wrong, by a massive margin.

That anomaly is going to be corrected this year.

The PE should reflect the growth rate over the next few reporting events.

[euclid5] 03/1/2021 17:13

Thanks for the feedback SunSToday & Netcurtins - just wanted to know if this legal case is now ended, or what further damage / reputation can be done. To summarise, this person worked for TRD, held a large holding - has left the company - and took action on the basis existing BoD's were passing negative points towards her - she posted some things on Twitter / ADVFN - then she took court action - legal costs are now all paid by her - case ends or continues - what does she want out of it to end the case?

Is she now bankrupt?

[sunshine today] 03/1/2021 15:02

It’s the rapid deployment of blockchain on the Stratis Microsoft azure platform that is getting me so excited.

[sunshine today] 03/1/2021 13:06

C# Corner
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The guy that set up C# is working as an advisor for Stratis.

Look at the number of C# programmers using it.

[sunshine today] 03/1/2021 13:00

These guys have been driving the business

[sunshine today] 03/1/2021 12:51

CHRIS TREW is on the record for his intention for Stratis to be the number 3 after Bitcoin and Thm

[sunshine today] 03/1/2021 12:40

“ We expect the adoption of the Stratis platform to increase exponentially, ”

“ We will be working much closer with Triad in 2021 as we assist them in helping their customers deploy use cases on the blockchain”

This is from a flat baseline today.

[sunshine today] 03/1/2021 12:39

Recap of the Stratis AMA ( Ask me anything ) with our CEO/Founder Chris Trew

16 Dec 2020


I understand that you have do not disclose agreements with companies so can't talk about that but can you tell us specifically the number of companies you have DND's with?



Answer





What we can say is that through our own business development and use cases deployed by our partners such as Triad. We expect the adoption of the Stratis platform to increase exponentially, problems with NDA's will be a thing of the past as our technology is ready and anyone is free to build on top of it, free of cost with support from Stratis


Question 6: How is the collaboration with GLUON and Triad PLC doing?

Stratis remains in close contact with both Gluon and Triad offering our services as and when required. Meetings have already been arranged for the new year to establish goals for the upcoming year. We will be working much closer with Triad in 2021 as we assist them in helping their customers deploy use cases on the blockchain

[sunshine today] 03/1/2021 12:08

Agreed

It actually attracted me after I realised that it was an utter waste of time worrying about an ex director’s antics.

The court has consistently ruled in favour of TRD and its in B and W for all to see.

It’s also had the effect of undervaluing TRD by I believe a factor of between 5 and 10 times.

The real spark that is lighting the shares up right now,is the public comments (Q and A)
by the Stratis Group CEO in late December.

See next post.

[netcurtains] 03/1/2021 12:00

euclid5: If you are interested in all that stuff (its a lot of hard work - I never bothered) I suggest you start with post 2158 (on other thread) and work back - Good luck - I suspect on reading all the stuff it will probably put you off buying which probably will be a shame but there you go - but if everything was wonderful there would be no market: