Triad Share Discussion Threads

[achenaton] 04/4/2024 10:48

Something to do with a swap event, 1 old for 10 new?

[sunshine today] 04/4/2024 10:48



remarkomsoc #

Thanks for that update, ( on the token price, of Triad’s blockchain partner).


Agreed for holders of Strax tokens it would had been a nasty hit, losing 90% in a single trading session.!!!

However, it was due to a planned increase in the tokens by a multiple of 10, thus, the price is in effect, unchanged.

Hope that helps, and puts your mind at rest.


On that same topic just this week Stratis announced lots of rather good news :

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Stratis has obtained a Virtual Asset Services Provider (VASP) registration from the Bank of Spain. Joining top companies like Binance, and coinbase on Spain’s VASP registry.

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Stratis is ecstatic to unveil its new EVM-compatible Stratis Blockchain, marking a significant transition to an Ethereum-based platform. This launch is a monumental event, aimed at increasing growth and fostering innovation within their evolving ecosystem, marking a new era for Stratis users and developers alike.


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Stratis is waiting on the UK Government to finalise stablecoin law due in the next 4 months.

The Stratis platform is ready for the Stablecoin off.

Strax , the Stratis token, has now also moved over to running on the ETH platform, having seen its price increase 350% since October, in anticipation of this months move from the old platform

[netcurtains] 04/4/2024 10:43

Its possibly people selling stratis and buying triad?

[netcurtains] 04/4/2024 10:34

remarkomsoc: Thats for pointing that out. That was on the 26th March..... Do we know why?

[remarkomsoc] 04/4/2024 09:40

stratis coin down over 90% suddenly.
how awful

[bones] 03/4/2024 12:23

A sign that further interest is out there is people paying £10k to £20k for slugs of shares at near enough 250p when there was no one apparently interested at 150p a couple of months ago (apart from the 5k bot guy). This was AFTER the last update which was so bullish in its outlook. If, as should be the case, the next update is as enthusiastic, more new buying interest should emerge as the story unfolds.

Company is now valued at a decent £40M so it’s important for Triad to start delivering the profits. This won’t be in the year ended just now (31/3/24) but the forward projections supported by a steady dividend (at least 4p final dividend) should lend support.

[sunshine today] 03/4/2024 10:23

LinkedIn now shows Triad staff numbers up 18% over the last 6 months.

The rate of increase is around 1% a week ( For information : the push for extra staff only got into gear, around 4 months ago, not the rolling 6 months used by LinkedIn.)

[netcurtains] 02/4/2024 10:49

The market so far does appear to approve of the new thread

[netcurtains] 02/4/2024 08:22

Triad have just posted this on LinkedIn - They are a signatory of the Police Charter..
I suspect Sunshine Today will fill us in on the details later.....

[bluemango] 31/3/2024 12:43

Thanks for the new thread - I've long believed the title should include the Company name, and now it does.

Thanks for your efforts, both NT and ST.

[bones] 31/3/2024 10:12

Thanks ST. Lots of promise here.

[netcurtains] 31/3/2024 08:44

Well done - works well!

[netcurtains] 31/3/2024 08:39

THIS THREAD IS NOW CLOSED - LINK TO NEW THREAD BELOW




If you want to find out who I really am its all in this book (link below)




Https://www.amazon.co.uk/Kill-coder-lowest-score-Hawthorne-ebook/dp/B0C1TDHH1L

[sunshine today] 30/3/2024 15:08

The links in the header post should now all be working.

[sunshine today] 30/3/2024 15:07

new 2024 thread now open

[sunshine today] 30/3/2024 14:58

After some testing to fit the correct words into the header, its all systems go. This new thread is now live.

[sunshine today] 30/3/2024 14:56

New 2024 header

[sunshine today] 30/3/2024 14:49


TRIAD GROUP PLC : ON A MISSION TO BECOME THE UK’S FAVOURITE TECHNOLOGY COMPANY BY 2025


On the first of April 2024 Triad Group PLC ( TRD) starts its new financial year.

The company will be off to a flying start, ( please refer to the companies trading update, in mid March, found at the bottom of the page ).

Their business model is delivering the very best computer IT solutions to clients , on time ,and on budget. C: 80% for the Uk Government and around 20% within the private sector.

The directors and staff have spent the last 5 years transforming Triad into a quality boutique outfit, moving away from using temporary contracted staff, with inherent low margins, to permanent staff, working on the clients premises or at home..

Why Triad ?


A long read, so put the kettle on first. !!!

The starting point , in stock market terms, Triad has a tiny market cap

The quality of its staff and management

The companies potential ability to grow profits and dividends at a greater rate than the sector, and market, and in due course , benefit from a corresponding rise in the forward PE Ratio

The huge advantage of being an SME working for the UK Government within the computer IT segment , inc 5 day payment terms, for starters.

Triad has 34 plus years of experience in the computer IT industry

No company debt

THE MAGIC FORMULA :: as revenues grow, the cost of the general business overhead reduces because its spread across a larger income pool🤹ㇿ5;‍♀ᥧ9;

Zero bad debts

Growth market : The only quick way to reduce central Government overhead spend, is to reduce the number of civil servants. The answer to that is to digitise 30% plus of those jobs within the next 3-5 years.

Structural market changes, with the introduction of the new Procurement Bill in October 2024 that will favour SME”S in various ways, and more to the point, disadvantage the larger traditional suppliers. This has been aided by the Horizon scandal. We wait for this to be subtly priced in the share prices, of both big and small players, over time.
Not only will SME”S find it easier to win direct contracts , the larger players will be near forced to include SME”S in their own winning bids . Those SME’ S will have to be offered the same terms as the large player , and thus no longer be screwed over on payments and other related matters.
Of note, it’s very difficult if not impossible, to find a premium quoted computer IT Consultant that is also an SME


Staff share reward scheme Priced at £1.35P ( with conditions ).

Triad is Fully listed not on the Aim casino, or standard list

Comforting for shareholders, this company has never diluted shareholders, bar share options, in fact, it has perviously bought back stock

Recent industry awards help to reduce the cost of sales going forward. More awards than any other company at the industries big event of the year.
Not to mention , recognising the incredible hard work put in by those individuals





3/3 wins at the BCS & Computing UK IT Industry Awards

We were thrilled to collect three awards at what many consider to be the Oscars of the IT Industry:
Triad and the Department for Transport won 'UX Project of the Year'.
Triad and the Ministry of Justice HM Prison and Probation Service won 'Digital Transformation Project of the Year'.
Triad Principal Consultant Lucille Harvey won 'Rising Star of the Year'

Triad has specialist knowledge in renewables , ( think growth ) , the police, and courts, that are all in dire need of digital modernisation

A position on the ACE procurement platform , that encourages SME’s like Triad, to grow as the ACE platform expands itself.
This platform has been designed to speed up urgent projects without the traditional procurement time hassle.

Triad has a desire to improve services for all citizens and to put something back in to society . This also attracts staff who loathe big business

Triad has a handy previous tax loss to use up

The competition is struggling, and always will , in my personal opinion, they don't have the quality of staff and systems to design and implement the very best, that is required in today’s market to succeed. They are also crippled with overhead structures that eat away at the gross margin, leaving breadcrumbs for shareholders.

Triad has a very satisfactory order book stretching out up to 3 years. Part of the order book is public knowledge through the Uk Governments “ contracts finder “ portal
That visible amount is ITRO £28 Million . At a wild guess i put the remainder where the values are unknown at £10 Million. This is based on some assumptions including the fact that no private sector contracts are published , yet they make up 20% of Triads revenues. Contracts for the UK national and regional police don't appear to be public knowledge either , but names and mentions can be found in the reports and accounts.
of note , when a company has an order book of this quality and duration all that is required going forward are “top ups”. to maintain growth.

CONTRACT WINS
Triad published large government contract wins Financial year 31/03/2022 to 31/03/2023. = £3.2M
Triad published large government contract wins Financial year 31/03/2023 to 31/03/2024 = £28.1M

📕Order book for Large published contracts has increased 8.7 times over the previous year.📒


Triad is experiencing a pre planned controlled increase in staff numbers, at the very same time others are ditching them. ! They have a track record of this excellent timing, hiring the best during Covid when most thought, all was lost. As of today, 10 positions are offered on the companies web site.

The Chairman , in his recent update is , like myself , of the view this is the beginning of a period of real success and growth. It has not been delivered overnight, its taken a good few years to transition away from low margin contracts that does no more than pay the bills.

A quick note of how dividends can grow at a cracking rate from a low base.
Last years 6P divi cost the balance sheet one million pounds, or £1.25M on a full tax charge. As profits could grow rapidly over the next few years i can see this number being increased in real lumps and chunks, not the standard 10% -15% a year seen across the market.
The reason being, bar a safety net of cash, earnings ,after tax , can be sent directly back to shareholders. This is NOT the case with the vast majority of listed companies who have to constantly reinvest to keep the growth train, from rolling back, downhill.

The directors have been heavy consistent buyers of the shares in recent years.
(On at least 12 occasions).

Staff retention rates are way above the industry average.

To date , there is no city broker research, as far as i can ascertain.

Triad has positions on various Uk Crown Commercial Frameworks

Triad staff and directors advise Government through their involvement with Tech Uk. Up with the big players like BT, IBM, and BAE.

Triad has a pile of cash for working capital.

Directors have skin in the game with very large holdings that align with all shareholders.

8 No Microsoft partner Golds have been awarded to Triad

Now ; onto Round two !!!

Founding Managing Director and CEO Alistair Mcintyre Fulton ( recently retired )
was responsible for the growth of the business from start-up to a London Stock Market listing in March 1996. During this period Triad was one of a select few companies to win The Holway Boring Award in recognition of unbroken profits growth.


Finally, that trading statement in full.

Triad Group Plc Trading Statement

07/03/2024 11:00am
RNS Regulatory News


RNS Number : 9982F
Triad Group Plc
07 March 2024

Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84

Triad Group Plc

Trading Update

In my overview of results dated 20th December 2023, I said "I personally have never felt so confident and enthusiastic about the state and prospects of the Company for more than 20 years" and "I believe that we are at the beginning of a period of increasing major success and growth". I am delighted to confirm that both these statements are proving to be more than amply justified.

Since 20th December, we have continued to win major and long-term pieces of new business. We returned to profit in November and, apart from the Christmas/New Year holiday period, have been on a strongly rising trajectory ever since. Cash flow, as normal, is following closely behind the profit trend. We have been nominated for more national awards. Our recruitment process is operating at full steam ahead with great success. I should point out that the costs of setting up the new projects and hiring will be absorbed in the fourth quarter; however, this will enable us to get off to a flying start for our new financial year beginning in April. I shall provide a much more extensive account of developments in my statement accompanying the full year results.


Dr J C Rigg
Executive Chairman, Triad Group Plc
7 March 2024

Zeus Capital Limited
Alexandra Campbell-Harris
Tel: [phone]

[bones] 29/3/2024 17:33

I’ve got under 3% if that’s any help?

[netcurtains] 29/3/2024 08:49

Is there a way we can view who are the corporate shareholders of Triad who hold under 3%?

[1maxreward] 28/3/2024 10:36

Someone has been buying quite a lot recently, the price is holding with support.

[netcurtains] 28/3/2024 08:20

I noticed Baillie Gifford have very slightly reduced their stake in KNOS.
I wonder if any of these funds in the bigger software companies are slowly moving small amounts (below 3% threshold) into Triad?