Triad Share Discussion Threads

[suffersnofools] 20/4/2021 16:11

Netcurtains - ARB doesn't make a profit?So 6.8m revenue for the month of March, at 80pc margin, with double digit monthly growth doesn't count?07 April 2021Argo Blockchain PLC('Argo' or 'the Company')March and Q1 Operational UpdateArgo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to provide the following operational update for March.During the month of March, Argo mined 165 Bitcoin or Bitcoin Equivalent (together, "BTC") compared to 129 BTC in February. This takes the total amount of BTC mined in Q1 to 387 BTC.Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in March amounted to GBP6.57 million (February 2021: GBP4.34 million). Argo generated this income at an average monthly mining margin of approximately 84% for the month of March (February 2021: 81%). This takes Argo's mining revenues to GBP13.4 million for the first quarter of 2021, the Company's most profitable quarter to date. This income has been generated at an average mining margin of approximately 80% for Q1 2021.At the end of March, the company held 764 BTC.Peter Wall, Chief Executive of Argo said: "I'm delighted that Argo has generated record mining revenue and profits for the third month in a row, making this quarter Argo's best performing since the Company's inception. These numbers are incredible, and they highlight our continued commitment to smart growth, efficiency, and delivering meaningful value to our shareholders. I am also thrilled that we are working with DMG to achieve something we believe will be truly transformational in the crypto space in the creation of Terra Pool, the first Bitcoin mining pool that will be powered by clean energy."

[netcurtains] 20/4/2021 16:06

What on earth has that davevt done!!!!!!

I've only been away a day down at Ardingly looking at the antiques.
He promised everyone here if we stopped posting TRIAD would go up.

I really think he should apologise.
I dont think we can leave him alone here again.

He's done untold damage to the begonias and the poor young twins will
never be the same again.

Davevt has to be the worlds worst child minder.
What a total disaster.

I hope we all get a full refund from his agency.

He's lost £4m - what other child minder does that sort of damage in just one day!!!

[juju44] 20/4/2021 15:59

Oh dear . Quiet board now

[juju44] 20/4/2021 13:33

Where has all the ramping gone

[netcurtains] 19/4/2021 20:50

I was just looking at Argo Blockchain. Its market cap (even after its massive fall) is £500m

Triad is valued at £24m.

Argo doesn't make a profit and has a small turnover.

If Triad was valued like Argo it would have a share price of about £30 a share.

Here is the ARB thread check it out for yourself.

[davevt] 19/4/2021 18:30

Aba, the only thing stopping the price rising is these rampers just constantly regurgitating anything they can think of km make a post.

Think about it...why are they SO desperate to post? They can't go one day without 20 posts of stuff they have already written 100 times before.

Answer yourself why...

[bones] 19/4/2021 17:33

Excellent post cjohn.

As you point out, this thread is the blockchain discussion thread in relation to TRD so keep posting the tidbits on Strax/Triad, Sunshine. I appreciate them but, like cjohn and Net, I hold out hope that there is a bonus in this for shareholders because of that line of business they may have cornered as IT consultants in the Microsoft/C# space. Overall though, I am looking at the stock as a recovery play on their usual line of business and for a boost to be forthcoming via a resumption of a decent sized dividend.

I will only post on the other thread from now on unless there’s a blockchain point to make or reply to.

[cjohn] 19/4/2021 16:55

Yes, your posts (and sunshine's) about notably increased staff numbers, based on various sources, is one of the pieces of info that persuaded me to buy back in here. Fine research!

[netcurtains] 19/4/2021 16:25

CJohn - lol - you're on the same page as me. I've bought and sold at least twice.

I think we have both done so because on reflection we feel there probably is either more to come or the old guard are willing to sell the company or both.

The old saying is "The hardest thing to do is make the first million", likewise for a software house to break out of the £1m profit range into the big time.

There is a good chance Triad are pulling this trick off - we can say this by the rate of expansion of staff numbers (which is clearly huge).

[cjohn] 19/4/2021 16:06

A director's buy of that size reflects the relevant director's perception that things are going well at the company and his hope that things keep on going well.

That is what I draw from that purchase. I think we are all agreed that TRD is trading better than last year. And prospects are looking good to very good.

However, the purchase IN ITSELF doesn't mean that TRD is a good INVESTMENT. That is a question that depends on judgements about valuation. Most directors are not particularly good at capital allocation or indeed company valuations: they are not great investors. And directors, like other human beings, are prone to error. In particular, currently, many participants in the market - professionals and PIs - have been caught up in the vast excitement of the tech surge and have lost their bearings. This will prove to be expensive for many. Some of the posts on TRD reflect that excitement!


I have a decent size position here. I've sold out once when the share price surged up above 150 and bought the entire position back later, because of the continuing series of small pieces of good news.

However, I'm not excited about TRD.

1. because TRD is unlikely to show the cosmic levels of business growth dreamed of by some posters.

2. There's no reason why TRD should trade on PE levels that make no economic sense whatsoever.

3. I never get excited about shares I own: it doesn't help objectivity.

I'm a generalist value investor and appreciate any specialist postings - sunshine and netcurtains - on this board (possibly bones as well?) that help my understanding. As a result of those two posters, I understand WHY sunshine believes stratis is very likely to be a big winner; but I put the probability of that much lower.

I think everyone on here also agrees that it's the trad business that is leading the way currently; stratis may or may not amount to something. It's in as a potential bonus.

Finally, there's the issue of multiple postings: if this "red flag" HAS put off any potential investors in TRD, they can't be very serious and won't be investing significant sums of money. So it doesn't matter. The value of a company in the long run reflects its creation of economic value, not how many times a poster goes on about it.

There is a simple solution to this repetition issue in any case: this thread is the sunshine thread with a mix of ultra-optimistic postings often repeated, postings at a tangent but with the occasional valuable nugget of information in amongst the hay making.

The other thread can be for more sober conversation and all posters could agree not to do repetitive postings over there.

Greetings to all: may stratis conquer the universe and TRD be given control of a few galaxies!

[bones] 19/4/2021 14:42

For the record, in March, the non exec director, Alistair Fulton (together with a family member) paid £178,218.82 to purchase 143,680 shares. That’s an average price of 124p per share. He did this despite the share price having tripled in the 3 months prior. Is this guy, who has been associated with Triad for decades, deluded? Or does he see the future recovery of Triad’s fortunes after a dull period of years?

I guess we will see over the next few months.

[aba978731dom] 19/4/2021 14:33

You are definitely either clueless or clever than the directors buying at higher price. How do you explain that "devert".

[aba978731dom] 19/4/2021 14:16

This devert is clearly a lunatic. You are desperate for these hard working guys to keep quite so that the share price drops and then you want in cheaper. What a clown. You keep repeating yourself, we are adults and can make decisions without your complete moronic attacks on innocent writers.

[grosstonnage] 19/4/2021 13:53

Steering clear of derampers.

[davevt] 19/4/2021 13:47

Sunshine, the risk is the highly inflated share price, nothing to do with the fundamentals of the company.

and the fact you are ramping this so hard is red flags that would put people off.

If a share and company is solid, you wouldn't be so desperate to promote it.

You are pretty much the only person here trying to think of as much as possible to talk about this company.

Reeks of desperation.

I expect about 5 posts after this of the complete same repeated drivel.

You're literally posting anything about blockagain now..

RED FLAGS PEOPLE. STEER CLEAR FOR NOW.

[netcurtains] 19/4/2021 13:38

Goldman Sachs have investment £50m (so FT says) in "Starling" the digital bank:



why is this important for Blockchain:


Its worth noting that Triad Resourcing is literally next door to Goldman Sachs in Milton Keynes.

[sunshine today] 19/4/2021 13:19

Stratis don’t even need to win the platform.

However, those U.K. companies that take 2nd and 3rd will also have plenty of government work, because the coin, and other blockchain applications, are more than likely, to be kept separate, under competition rules, if nothing else.

[sunshine today] 19/4/2021 13:12

·
54m
@stratisplatform
as one of the most established blockchain companies in the UK and probably the only one capable of creating digital GBP is the main competitor on this field.

$STRAX $btc $eth $link $dot $etc $band $fil $waves $doge
#bitcoin #crypto

Bank of England and HM Treasury Launch Taskforce for UK CBDC
The Bank of England and HM Treasury have announced the launch of a taskforce to explore a potential UK central bank digital currency (CBDC).
coindesk.com

[sunshine today] 19/4/2021 12:20

davevt

Yes, I have taken note of two rounds of director buying, at a fraction under today’s price.

As to risk,

No staff received govt support.

No borrowing

£4M cash

Contracts coming out of their ears

Upbeat interims, flat out going into the second half, ( just finished.)

Trading statement in January, new clients.

[davevt] 19/4/2021 12:06

So why do you keep on constantly talking about it?

I mean, 250 percent rise in such a short time span and people like you spamming the boards telling everyone how great it is?

MASSIVE RED FLAGS. High risk.

[sunshine today] 19/4/2021 11:48

I am personally pleased for the directors, staff, and shareholders who have seen a 250% rise in the stock price since Dec.

Our partner has done equally well with its token value up from $0.5 to today’s $2.34 over the same timeframe.

Both groups expect far more over the coming days weeks months and years.

[davevt] 19/4/2021 11:39

I love watching you two utterly destroy this share 🤣

It's like you're having a conversation about questions you were never asked.