Triad Share Discussion Threads

[netcurtains] 24/5/2024 07:57

SL: Perhaps ask a broker to take a look? I've invested in Triad since 2012 - never needed a note... In fact I cant think of a single company I have ever invested in where I read a broker note (if they existed or not)... you can make your own note by looking at key data: LinkedIn for staff numbers etc, the accounts, and Triad news flow. And of course the gov IT market generally. Swirl them all together and you have a note.

[solarno lopez] 24/5/2024 07:45

Not good enough NC with all this super hype on TRD investors need something more tangible on which to base their investment decisions.

Needless to say I am a significant holder !

[netcurtains] 24/5/2024 07:28

sl: Any broker notes on Byte or kainos - you can read across some of the information (not all )....

[solarno lopez] 24/5/2024 07:10

Any broker notes on expected future profits ?

[netcurtains] 24/5/2024 06:58

Great News! Thanks for posting ST!

[sunshine today] 23/5/2024 11:19

Netcurtains

Triad staff numbers smash through the 150 barrier. !!



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Ryan Jordan
Talent Consultant at Triad Group PlcTalent Consultant at Triad Group Plc
1 week ago

Follow

Triad Group Plc, a dynamic SME with a team of 150 professionals, is looking to hire a Power Platform Architect to lead and drive the business forward in the Power Platform domain. This role is crucial as we expand our capabilities and enhance our service offerings. If you have a passion for innovation and expertise in Power Platform technologies, we want to hear from you!

[netcurtains] 23/5/2024 09:37

Bytes still rising steeply

[sunshine today] 22/5/2024 17:37

1 hour ago

What’s it like to support the staff of a fast-growing IT consultancy?
Triad’s Business Support Administrator has worked with Triad Group Plc for half her life. Gina Bonaccorsi explains why.




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Investors and potential investors should note not only the article itself, but the headline.

🚀A FAST GROWING IT CONSULTANCY🚀



Compare that, with the pedestrian growth projected by the competition above.

[sunshine today] 22/5/2024 12:48

KNOS PE 37 BYTE PE 30

TRD should, over the next few years be awarded a PE at least inline with the above companies.

A PE of 33 would be fine

[netcurtains] 22/5/2024 09:35

ST: Added to your KNOS link BYTE in the news this morning..

Deutsche Bank starts Bytes Technology with 'buy' - price target 585 pence

Both KNOS news and BYTE news excellent for TRIAD as we, in my opinion, are a lot better.

[sunshine today] 21/5/2024 18:32

KNOS

Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in the United Kingdom.

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8.1% is dire, though its a tad above the forecast average for the sector of just 6.9%.

Investors should in my personal view be looking for growth rates of at least 25% for the next 3 years from ANY stock they may own or purchase.

[netcurtains] 20/5/2024 09:50

This growth is a good sign for the IT software industry:

[netcurtains] 20/5/2024 07:27

ST: The AI boom will be here once more people buy the latest Windows Operating system (AI compatible)

[sunshine today] 20/5/2024 07:22

KNOS results out this morning: Up 10% so far.

Huge IT consultant company,(where TRD could be in ten or twelve years time.)

This one paragraph stood out over everything else.

“Generative AI remains largely experimental for our clients, often delayed by the challenges of low data quality for their more complex, organisation-specific use cases.”

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Just like the Gold mining booms, it was those delivering the picks and shovels who prospered.

Investment and investors are pouring money into AI like no tomorrow, when the real winners will be those with the data skills for implementation into very complex systems.

[netcurtains] 19/5/2024 14:22

If anyone is interested I'll be at the AJ Bell investor evening
On Tuesday at the Novotel Tower Bridge... I never say no to a freebie..
Are they any good?
Do many advfn types go?
what are they like?

[sunshine today] 18/5/2024 12:57

The Home Office is aiming to step up the adoption of multimedia auto redaction tools in policing and the criminal justice system.

It has reported on the progress of a project run by the Accelerated Capability Environment (ACE) – its unit that deals with challenges in the emergence of data and digital technologies – saying it has received a series of reports and is considering the next steps to deliver AI powered tools to police forces as soon as possible.

The project has been aimed at providing technologies that enable police to share material with courts and other parties while redacting sensitive details such as identities and licence plates.

ACE has carried out a market review of existing multimedia redaction tools, firstly through an analysis of those available, followed by a series of tests on their capabilities using synthetic data from Surrey Police.

Gap analysis

The next phase involved six candidates being invited to demonstrate their tools to senior stakeholders in the Office of the Policing Chief Scientific Adviser and the Home Office, running live redaction on the synthetic data. This has made it possible to document the tools’ capabilities and conduct a gap analysis.

The Home Office said this is aimed at accelerating the developing and adoption of the technology, “creating user efficiencies as well as ensuring that police can confidently share information with other organisations as needed”.

The department has highlighted the project soon after the Police Digital Service announced the creation of a procurement framework for tools with the more limited capability to redact text from documents. It has awarded places to four suppliers and indicated that the contract will be worth up to £10 million over four years.

[netcurtains] 18/5/2024 09:09

Latest post from Triad:

"
How could you improve your organisation's green IT credentials? Learn how to make some fast, impactful changes through these online courses available from the BCS, The Chartered Institute for IT.
"

[solarno lopez] 15/5/2024 09:17

Great the order book has increased now all we need is profit to sustain such a market cap !

[sunshine today] 15/5/2024 09:10

Triad is at the top end, a boutique outfit, with an offering thats been recognised through the Computer IT sector awards.

They are not, nor do they want to be, run of the mill.

Those of us looking for returns that beat the market hands down require an edge.

We require a share where others have yet to see the potential.

The Triad Chairman has told shareholders more details will be shared on results day in the next few weeks.

How many companies do you know or own where the order book has increased 9.7 times over the previous trading year.?

[netcurtains] 15/5/2024 08:51

IT tech stocks just beginning to come back into vogue - this is byte:


But even, the industry giant - CGI - appears to be turning the corner..

[sunshine today] 15/5/2024 06:21

More on the subject.

None of this is priced into Triad’s longer term prospects today.

October is not far away, Triad already has a very substantial order book, going out up to 3 years, and is hiring at the rate of knots.

Contrast that with one of the big players, who reported this yesterday at their AGM.

FDM

At 30 April 2024 the Group had 3,543 Consultants assigned with clients (31 December 2023: 3,892; 30 April 2023: 4,774), a decrease of 26% on the prior year. Our levels of Consultant recruitment, and the numbers of Consultants in our Skills Lab (previously known as our Academy), remain under close scrutiny to ensure that our available resource aligns with client demand across our operating locations.

The Board has continued to take prudent measures to manage fixed costs such that internal staff headcount at 30 April 2024 was 20% lower than the corresponding period in 2023, better aligning the size of the internal organisation with the number of Consultants assigned to clients. We remain committed to maintaining appropriate levels of resource and capacity to meet clients' needs promptly when our markets improve.

———;——̵2;——R12;——212;———————————;——̵2;——R12;——212;———————————;

Back to the new procurement Bill.

A sea of change is just around the corner, Staff working in Government procurement Departments are , right now, today, being subjected to intense re - training to rid the old practice of grinding down suppliers JUST on price.

Triad have perhaps a five year lead over the vast majority of SME’S, their reputation also places them in a perfect position to partner with larger players on the same advantageous terms. That’s huge ;

Finally, don't forget another goal, delivering gross margins of slightly above the industry average.

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How Is The Government Making The Public Sector SME-Friendly?

Some key changes to the public procurement process are particularly beneficial to small businesses and startups. Eight of the myriad benefits of bidding on UK government tenders and contracts are discussed below.

1) Lower value contract opportunities for an attractive price
One of the reasons SMEs have stayed clear of public sector procurement is the high price of contracts.

The Procurement Act removes that obstacle by publishing lower-value tenders to attract smaller businesses. The threshold for these low-value tenders is £12,000.

However, there are avenues that help SMEs find these simple, low-value contracts in different sectors of the public procurement market. This enables small businesses and organisations to start making a name for themselves and earn the attention of public sector buyers.

2) Focus on value rather than the cheapest bid
The government has switched focus from MAT (most advantageous tender) to MEAT (most economically advantageous tender). MEAT includes elements like transparency, community support, environmentally friendly business practices, nondiscrimination in recruitment, a diverse workforce, integrity, and an ethical supply chain.

Some larger enterprises overlook these qualities in government contracts or don’t assign them much importance, whereas some small and medium organisations already embrace a pay-it-forward approach, and give back to their communities.

SMEs with this mindset, and that have the capacity to meet all the tender requirements, are preferred over enterprises that focus solely on growing their business.

3) Simplified tender processes
By taking the complexity out of tendering opportunities, the UK government hopes to give small and medium businesses the confidence to submit bids on suitable contracts. Some of the ways in which the government has attracted suppliers to different sectors include:

Merging the current procurement regulations and dropping the number of sets from four to one.
Reducing the current number of award procedures from seven to three.
Introducing one central platform where suppliers can submit the company data necessary to successfully compete for public sector tenders and contracts.
4) Prompt payment on UK government contracts
Prompt payment for goods, services or works is particularly important for SMEs because they need consistent monthly cash flow. Buyers previously in the public sector don’t always adopt this approach, waiting until the last minute to pay invoices.

The government, however, has set a 30-day payment target for suppliers, so SMEs can count on at least one regular monthly payment.

5) Feedback summary on public sector tenders
According to the Procurement Act, businesses that miss out on government contract opportunities are entitled to an assessment summary.

The aim is to provide constructive feedback by comparing their bid to the winning contract, with a short explanation as to why their business wasn’t awarded that particular tender opportunity.

In this way, SMEs can see where their tenders need improvement and can plan better for the next tender published on a contract finder site.

6) Future-proof government tenders and contracts
One of the more practical benefits for SMEs in the public sector has to do with more accessibility to public sector and government contracts. Public sector buyers must publish upcoming contract opportunities for the next 18 months.

This allows small businesses to go over the list to find tender opportunities that are appropriate for their capacity, features, skills, and USP. It also gives them plenty of time to prepare for their chosen government contracts, bearing in mind their feedback from previous tenders that were unsuccessful.

7) Collaboration with other public sector suppliers
It’s possible for several SMEs to collaborate or form a consortium so they can take advantage of larger public sector contract opportunities. The combined resources and services enable the group to access more lucrative government contracts by being able to meet all the requirements as one cohesive unit.

In addition to bidding on big contracts, the businesses in the consortium are exposed to a wider range of buyers who may notice their skillset and include them in their supplier pool for when they have below-threshold tenders and contracts.

8) Early engagement to showcase suppliers’ features and unique services
The UK Procurement Act encourages suppliers to engage in early communication with government buyers. Essentially, it’s a dialogue between buyers and suppliers so that each party better understands the required services in future contract opportunities.

There’s an emphasis on transparency and fairness in communication, so both sides have equal opportunities to engage and discuss resources and systems.

[sunshine today] 14/5/2024 20:37

In simple terms, each extra consultant hired and working at the desired utilisation rate chips in to a growing pool of profit.
Triad is tiny in stock market terms, adding say, 50 consultants per year will have a massive impact on EPS.
A large slice of those earnings can be returned to share holders in the form of dividends.

It’s the future earnings and dividends that will attract new investors.


Government contracts are no longer going to be won on price.

Triad have the talent to provide solutions that are the most advantageous. ( As per the new procurement Bill)

The competition hires the average, who produce average results.

The larger players ( non SME’S ) are going to have to adapt overnight, to have a greater chance of winning new contracts, or see market share eaten away.

One way out for them, is to tie up with an SME with bid proposals.

Hence they will only want to do that with trusted partners , with a reputation of best delivery .