Triad Share Discussion Threads

[cfro] 02/5/2017 10:10

Yes that much is obvious now. TRD never bother with TU as a rule.

[pj 1] 02/5/2017 09:24

Slowly adding. The unexpected last Trading Update was obviously issued for a reason...including knowledge of the Bankruptcy position.....

[netcurtains] 02/5/2017 08:47

I bought some back. Could not resist it.

[s34icknote] 02/5/2017 08:39

Panic selling after nets comments and the rns ????I reduced last week before the rns to 30 k then sold the rest after the rns with my remaining 14 k this morning at 71.8 .I see better opportunities elsewhere as this may stagnate until seller has cleared . I've been in since 22p and have top sliced at 48 66 and 80 p so happy to watch now.I have used my profits on zoo (my new triad)Had the same situation there with foresight selling . That gave me the opportunity to accumulate with out driving the price up . The price stagnates when a big seller comes in or dives !Good luck all n a I Thanks to all posters over the last year Sicknote

[its the oxman] 02/5/2017 08:32

Looks like it wants to test 60p

[its the oxman] 02/5/2017 08:16

What's driving the fall?

[red army] 30/4/2017 14:08

Why all the nervousness??? The company has already said how trading is going and what has changed that? - nothing.

[s34icknote] 30/4/2017 12:46

Hi net That's cause I think you are genuine.The rns had just raised a few doubts And given some uncertainty ahead .Every now and again worth the accessing the situation .Sicknote N a I

[wilmdav] 30/4/2017 10:28

Netcurtains

I love your honesty and the way you handle snipes.

[s34icknote] 30/4/2017 10:26

Hi netYou seam to be on the back peddle on triad nowPost 295 21 April you were suggesting divs and a price of 140p by June possibly moving to 2.00 ??????I salute you if you are being genuine .We can all fall in love with a share . Been there done it .Then realise may be we need to revisit fundamentals.That's the million dollar question ? Are we at the top of the cycle with triad or will growth continue ?Still a great company if it maintains where it is now.This still has the possibility of 100 percent upside but the share price could be held back by a seller.Sicknote N a i

[netcurtains] 30/4/2017 09:04

spooky: Yep it is embarrassing. Agreed.

But nevertheless it is the reasons i sold.. But I take your point, I should have kept quiet, but then again, if I have been pushing them so hard (as I have been doing) wouldn't it be immoral to sell and not tell anyone?

I blabbed cos of morality but also self interest.
There is no high ground here, it is embarrassing and moral

[spooky] 29/4/2017 22:27

netcurtains you are embarrassing. You have sold out, or say you say, and now you are trying to get the price down so that you can buy back lower.

[amt] 29/4/2017 22:22

Netcurtains. Maybe but they state they have a strong order book so expecting growth. On point c nobody knows yet what will be the impact of brexit. It will take a few years before we know.

[netcurtains] 29/4/2017 18:13

amt:
(a) If you read post 289 (click on their link) you will see that Triad are employing LESS people, not more.
(b) Triad have had BIG projects more or less finish this year (at least it looks that way) - namely the Electorial Commission software and software for the MoJ (I think online court type stuff). For Triad to GROW, not only will they have to replace these big projects with new ones but also find even more projects on top of that!!!
(c) With a back drop of City jobs going to the EU and less tax revenue coming into public sector, where are these NEW jobs going to come from for 2018?

Now most of us would be willing to take the risk and wait and see what happens come results in June but then this seller starts selling - and lets assume they still have some links to the chairman (why not? Good terms). Perhaps they know its peaked....

Having said all this, if if goes below 60p I'll definitely buy back - might even buy back anyway when the dust has settled - but there are currently too many unknown unknowns - why take all the extra risk?

[amt] 29/4/2017 06:45

Pe of 7.5 based on pre tax 1.5m profit per trading update. Strongish balance sheet. Forward pe could be less than 5. Eps of 20 for ye 2018 should be well within reach I would have thought. Market cap less than half one years sales, nearer to one third. Very strong growth in sales. Employing more people and trend to use fewer outside consultants should increase margins. Lets hope rapid growth continues giving opportunity for rerating.

[yasx] 28/4/2017 20:05

I think this is a wonderful opportunity for either a bidder or for potential investors generally - the underlying trading picture is robust, and if the seller drip feeds more stock then the overhang creates a delightful opportunity.

If a potential bidder is lurking, no better time to pounce...

I took some today - will add more on any weakness.

[pj 1] 28/4/2017 19:20

She's bankrupt with circa at least £2m in an illiquid stock.

Having seen mental health issues at close quarters im beginning to wonder....

[nasdaqpat] 28/4/2017 18:36

'At close of business on 31 March 2017 the Company's issued share capital consisted of 15,489,579 ordinary shares of 1p each.'

How many shares did Mira Makar have left anyway?

Paul Atkinson (the Administrator to Miss Makar's bankruptcy) appears to have started out with 21.02% of the share capital (3,249,952 shares) on 7 April and appears to have sold 87,500 on 21 April and thereby reduced the holding to 20.45% (3,162,452 shares).

Presumably, we need to find out if there is a plan for the market to absorb all these shares and if there is going to be c37 tranches of c87,500 sold on a regular basis and the effect of this on the share price

Is this the correct way of looking at the situation?

[netcurtains] 28/4/2017 18:20

OK - so this is the story (as far as I can tell)...

All the money with the Insolvency people.

So different outcomes:
1. They keep selling at whatever the price...
2. They drip feed sales (thus keeping price lowish for months)
3. They sell to "big" buyer (Almost like a take-over) - not likely in my view (but possible).
4. They sell to a group of big buyers, but they will all want a good price
5. They sell to ex-husband - but has he got the cash?

I can't see a "GOOD" short term outcome to this news. So I sold the rest (which is no where near my original holding).

However, 90% of the time I'm wrong - so probably expect to see share price rise loads next week and me crying - "if only".

Clearly worth buying back in though - there is a big profit to be made out of this somewhere - if only I can see where.

[rhomboid] 28/4/2017 18:14

Interesting background , I'm thinking I might sit this one out for now

[cfro] 28/4/2017 18:04

No, i also don't know what to make of the situation. I would like to know the real reasons why she was sacked.

[mctmct] 28/4/2017 17:36

I was unaware of this background from 2006.



... and I'm not sure what to make of it.

[mctmct] 28/4/2017 17:25

The trustee in bankrupcy has a duty to creditors to realise the best price for the assets. Placing the shares with an institution might be one way.

I'd expect it to take some time and to be handled through the company broker. It seems very unlikely that drip-feeding shares into the market will be the appropriate action.

[netcurtains] 28/4/2017 15:04

Probably John Rigg will buy the whole lot. Probably a very good buying opportunity.

[mcfly79] 28/4/2017 13:52

John Rigg (chairman) already owns 29% of the company. Is there a possibility he could be looking at these shares as part of a bid for the whole company?