Triad Share Discussion Threads

[dangersimpson2] 13/12/2018 19:37

You can search the insolvency register here:

[s34icknote] 13/12/2018 14:35

Or Eastenders net !!!All intriguing !Welcome aboard Mira .Looking at the share turnover over the last month or so the drift down wards is due to lack of buyers around .This is the market in general at the moment . Sicknote

[netcurtains] 13/12/2018 13:28

This is way better than caronation street
street

[dangersimpson2] 12/12/2018 19:44

Mira,

Good to know you have no intention to sell your shares.

I'm sure you know your business better than us on this board but you may want to check with Mr Atkinson. There is an RNS released by the company that states he was a trustee acting on your behalf:



Although this RNS issued by the company they would not issue this without being told by Mr Atkinson that he was a trustee acting on your behalf. Mr Atkinson also informed the company that he had 2.7m shares left before disposing of them all on 25th September.



Companies can make mistakes but it seems that the source of all this information is from Mr Atkinson not the company, and it should be FRP Advisory that can give the information to resolve the situation.

I wish you well in getting to the bottom of this.

[buywell3] 09/12/2018 23:51

If Makar now has these shares

Perhaps she wants her job back ?

[buywell3] 09/12/2018 23:50

If Makar now has these shares

Perhaps she wants her job back at double time rates ?

[arthur_lame_stocks] 09/12/2018 13:09

I know if I wasn't already fully invested i'd be buying more here, I think this is a bargain price with much of the market cap covered by net cash and the company still producing healthy if slightly depressed profits.

I think the price is more reflective of the general market weakness than anything TRD specific and the divi yield should be an easily affordable and decent 5% or so.

[danny baker] 09/12/2018 11:45

The MM situation is a mess and will put off any value investor thinking of starting a shareholding. There had been some small buying ahead of the interim results probably expecting better numbers and when people tried to exit, Triad's notorious illiquidity kicked in. Given the uncertainty over the profit outlook, the tax changes on contractors, Brexit, MM's dispute etc I can't help but think the shares are where they deserve to be.

[s34icknote] 08/12/2018 07:11

Surely triad will know who holds the shares eventually ? Must be registered some where on records .Just need to put them in bottom draw and Collect the divs in mean time .All weird though . Sicknote

[buywell3] 08/12/2018 01:47

I find this whole thing very weird re no RNS about who has the 17% Paul Atkinson sold

Plus we didn't get hardly any RNS's as the stake dropped from 30% to 17% ... why not ?

Who is policing this sort of thing ... is it up to Triad to check things ?

Because I believe the company Triad should let investors know what has happened

The only inference one can now make is that Makar is selling some of her shares ... how many will she keep selling ... when will the selling stop ?

TRD is a very illiquid stock ... this could go on for a long time

Shareholders in TRD should not be treated like mushrooms

[dangersimpson2] 07/12/2018 17:53

AIM has the same disclosure requirement of every 1% threshold above 3% so she should declare through any full percentage:

Changes to the holding of a significant shareholder
above 3% (excluding treasury shares) which increase or
decrease such holding through any single percentage.



I don't think she wanted to lose the 13% so doubt she wants to sell now. It might explain why the company has a pretty low dividend payout compared to its FCF. They don't want to fund any further legal action against themselves!

It would be much better for all if Makar simply placed her shares with an institution, drew a line under the whole affair and got on with life.

No matter how badly you think you have been treated, life is too short to waste it in endless court battles.

[s34icknote] 07/12/2018 16:33

Market cap now 6.5 million and 3.85 million in bank and min 2p div !You would think that would be tempting at this level !!! Sicknote

[buywell3] 07/12/2018 16:28

Remember Makar had 30% of TRD

So it looks like Paul Atkinson sold 13% of the shares but I for one did not see many RNS's to see the holding reduce in the many stages it probably did , I saw a couple.


I assume under AIM rules Makar as the owner of the 17% of TRD shares now under AIM rules does not have to inform the market untill she falls below 6%

One would assume after years of fighting this case and still doing so ... the lady might be needing some funds

Anybody have a better view ?

[s34icknote] 07/12/2018 16:02

Any buyers ?Sicknote

[s34icknote] 05/12/2018 12:13

Needs some buyers to stop this drifting .Sicknote

[dangersimpson2] 29/11/2018 13:17

If Makar had the shares returned from Atkinson on 25th September you would think she would have to make a declaration. Maybe with the process in dispute she feels to do so would weaken her legal position. It would certainly make more sense that she has them back but chooses not to declare due to the dispute rather than Atkinson sold 17% to multiple sub-3% holders on the same day.

[gleach23] 29/11/2018 11:09

Thanks Danny Baker - that makes sense. Glad you have the patience to read the twitter account :) However some better transparency that the 17% had landed back in the hands of Makar would have been good - in the same way as it was made transparent that they had gone to Atkinson from her in the first place.

[danny baker] 29/11/2018 10:52

The statement wasn't cryptic at all. Paul Atkinson at one stage had MM's shares vested in him as a Trustee in Bankruptcy, He sold some shares to pay outstanding debts then returned the balance to MM. However MM is disputing the validity of the entire process. She voted against several board resolutions at the AGM with the shares she had voting control over. The social media comment is on twitter.