Triad Share Discussion Threads

[brendainvesta] 13/2/2019 22:10

I added few as well today but I believe imho true value is somewhere between £1 and £2, but this may take a couple of years.

[matt123d] 13/2/2019 20:22

Added a few today, looking for a move back to mid 50s.

[brendainvesta] 13/2/2019 17:57

All buys today, hopefully a trend on the start.

[s34icknote] 13/2/2019 17:35

Fundamentals always come through eventually Sicknote

[wiganer] 13/2/2019 15:17

Yes, hopefully the side issue can now be put to one side.

[brendainvesta] 12/2/2019 22:22

Again we are not looking at the company.
Triad is now paying good dividends, has surplus cash in the bank is expanding and actively employing to fill positions. Profits are good and the share price is a bargain. In uncertain times this is where I am putting my surplus cash.
I am waiting for one of my investments to come to fruition,(imminent takeover) then will buy a further (bargain) big chuck of this stock.

[brendainvesta] 12/2/2019 18:37

Danger, I agree with sailing John, a good summary. However I disagree that she was badly treated in 06. That whole issue as far as I am aware was the result of her trying to take control of the profit making side of the company interfereing with the managemen of it in some way. Triad at the time was very much operating as two entities.

Her plan didn’t work but left her out on a limb, unable to back down she went all in and started attacking where she could.

Triad settled the tribunal probably as it was in their interest(cheaper) not because they were in the wrong.

[sailing john] 12/2/2019 11:52

Danger - good summary imo

[dangersimpson2] 12/2/2019 11:48

Although there were clear issues in 2006, where Triad appear not to have acted well towards Ms. Makar over the events back then, and this is reflected in the employment tribunal settlement that the company made, I don't see the relevance of those issues to the company today.

All of the subsequent issues appear to stem from a disagreement over the professional fees of an accountancy firm hired by Ms Makar to support the original employment tribunal. This dispute appears to have resulted in an attempt, rightfully or wrongfully, to make Ms Makar bankrupt to recover those fees and awarded court costs, after an appeal against the award was rejected.

It is these actions that appear to have led to a trustee obtaining shares originally belonging to Ms Makar and selling these in the market. The actions of Triad in this matter merely appear to be reporting the holdings via RNS that they were told, and I assume maybe given some documentary evidence to back these up. Companies RNS holdings all the time, it is a standard practice, doesn't require board approval or detailed checking by the company.

I have some sympathy for Ms Makar given that this sounds a fairly horrible situation to find oneself in, however I don't see the company to be at blame for anything apart from their original behaviour in 2006. All the subsequent events appear to be a disagreement between parties completely independent to the company.

There are some questions to answer, such as how shares that were originally in certificated form were obtained by the trustee, but again this is an issue that has nothing to do with Triad, apart from that they happen to be their shares. I don't see why Triad would want to help the trustee acting on behalf of a court award to an accountancy firm that was hired to act against them, and in a way that would see their shares continuously sold into an illiquid market.

The latest Triad RNS appears to be an attempt to distance themselves from the remaining situation and my guess is that it is either a libel suit or an attempt to get an injunction to prevent them being mentioned in connection with the post-2006 events. If my surmisation is correct, this is completely separate to any other past court case between the parties and will simply be tried on the relevant law for this area.

Triad really haven't helped themselves here though by RNSing the court case and then not giving any further information. This is where I see the biggest failing of the company in recent times. It is no wonder many people simply put this in the too hard investment bucket at the moment. Any resolution of the latest court case simply has to be followed by much better shareholder communication.

Happy to be corrected if anyone has documentary evidence that contradicts what I've surmised.

[brendainvesta] 12/2/2019 09:48

Yes very well said, let’s keep it in the real world and about the company, not little green men/government conspiracy theory’s etc. All that has no relevance here.

I have invested in Triad for many years it is a very well run solid company that has huge potential.

[netcurtains] 12/2/2019 08:12

At the end of the day, we're investors in this company and its not
all about "us" as individuals, collectively we want everyone involved
in Triad to make wads of money.

So from today, lets just get on with hi-lighting to the world, why
Triad is such a brilliant investment.

At the end of the day people only have shares if they know
the company is a good investment and it appears after
all is said and done that the poster above does have
large numbers of shares in the company (at least it
looks that way) -
at the end of the day, that is the bottom line.

Cheers Net.

[netcurtains] 11/2/2019 07:38

Triad have been on Eagle Radio. Advertising new jobs and
saying what they do "so secret if we told you we'd have to kill you" type stuff...

This advert is associated with the radio slot.


They are expanding.

[netcurtains] 09/2/2019 09:05

Triad have been on Eagle Radio. Advertising new jobs and saying what they do "so secret if we told you we'd have to kill you" type stuff...

This advert is associated with the radio slot.


They are expanding.

[netcurtains] 08/2/2019 10:46

That is right, we're here to make money not to be legal/social advisers.
Its time this share got a grip with reality that is TRIAD PLC:

a) loads of money in bank
b) pays a dividend
c) makes money
d) doing OK

This should be trading (fair value) at about £1.50 (compare to other similar IT companies)

Its being held back, as far as I can see, by long rambling mails.

[owenski] 08/2/2019 08:43

Indeed, this is a 'BB' for people who for the most part are clueless and are not trained solicitors in a court of law.

Would be helpful to just say what happened in a paragraph or two without it turning into an epic of Gilgamesh type read.

Cheers ;-)

[arthur_lame_stocks] 08/2/2019 01:11

Mira

I'm interested in what you have to say, but do you think you could try to be a bit more concise? Your posts are not the easiest to read or comprehend but as a shareholder I would like to know what you're getting at so that I can try to understand a bit better what it is you allege has been going on.