Triad Share Discussion Threads

[netcurtains] 23/5/2017 11:53

...the problem appears to be, "we" (buyers) think triad should be trading at over £1 (perhaps £1.40 or so). However we now think that whenever triad gets over 80p the liquidator / trustee sells some at 72p bring the whole thing back down..... So how do we get out of this cycle? Do we buy in the 70s and just wait?

[trier1] 19/5/2017 16:24

It seems to be a short term opportunity to add at the current price. In the short term the administrator will sell all that he has to sell which will hold back the price. After that we will have actual results. Then it is difficult to see it staying anywhere near the current price.

[netcurtains] 18/5/2017 19:01

thanks gleach23: So just the trustee. Still if he is the "paul atkinson" in my link he certainly knows his beans!

[gleach23] 18/5/2017 18:54

This RNS says who he is, or at least his role in proceedings - https://uk.advfn.com/stock-market/london/triad-group-TRD/share-news/Triad-Group-Plc-Holdings-in-Company/74450691

[netcurtains] 18/5/2017 18:34

The RNS says someone called Paul Atkinson has 17%. So assume he sold the 3% we were talking about (or the original owners sold the remainder on the open market at 72p). I'm not sure who he is .... Perhaps this guy. HTTPS://www.parequity.com/about-us/our-people/paul-atkinson (the RNS: https://uk.advfn.com/stock-market/london/triad-group-TRD/share-news/Triad-Group-Plc-Holdings-in-Company/74629982

[netcurtains] 18/5/2017 16:33

more today. They seem to be getting flogged off at 72p. ...so not sure what this implies. I guess it means we have support at 72p... And the buyers are looking to make a reasonable return. So range about 72p to £1.44 ??

[netcurtains] 17/5/2017 22:22

thanks PJ1, I did the maths but forgot that the market cap NOW is at a different price to the price they paid (its significantly bigger) . When I correct my price mistake, it is about 3%.

[pj 1] 17/5/2017 22:12

Its almost dead on 3% of the shares in issue. Chance of a corresponding holding RNS I'd have thought.

[trier1] 17/5/2017 18:36

I think it's quite impressive they sold that many with little impact on the price. Once they are all gone things might get very interesting

[pj 1] 17/5/2017 17:17

I wonder who's taken those near 470k shares from the administration? Hopefully that's good news.

[netcurtains] 17/5/2017 15:09

would be great if it climbed another penny or so before close

[trier1] 17/5/2017 10:35

Selling the overhang of shares will significantly increase liquidity. With a small cap like this that could increase the share price on it's own.

[netcurtains] 17/5/2017 08:50

Whatever - its all semantics really - I'm surprised that you simply did not understand what the chap meant. There is a BIG WAD of SHARES that has to be sold. The sale might make the share price go up (good information coming in via the seller) or it might make the price go down (have to sell at a loss). So far, the omens say: "WE'RE IN THE MONEY"..... But early days.

[pj 1] 17/5/2017 08:00

They won't sell the bulk of those shares in the open market, that would not be maximising the returns for creditors.

[spooky] 17/5/2017 07:48

Liquidator not involved, its with the broker and i think the share price tells you how he's getting on.

[netcurtains] 17/5/2017 06:43

PJ1: You know the ex-20% holder who no longer has the shares but is now with the liquidator. They will have to sell (so 'forced seller') eventually. We've talked about this for two weeks, surely you know what he meant?

[pj 1] 16/5/2017 22:57

Forced seller?

[netcurtains] 16/5/2017 22:23

Hi modform: The forced seller still has to sell. I was suggesting that the rise is in part due to the marketing campaign of the liquidators... Its quite possible (look at the history) that they think they know a bit more positive news than we do come the final results in june. For sure the whole thing might collapse like a pack of cards if the seller floods the market. But on the other hand they might be able to sell to "big institution" which might potentially make the price rise even further. Anything might happen and it probably will.. That is why I bought back.... Its a gamble for sure, but so far it looks OK. TOUCHWOOD

[modform] 16/5/2017 22:03

Still holding onto mine, I wonder what happened to the forced seller

[netcurtains] 16/5/2017 11:14

every now and again some big trades going in. Some people must be pretty sure of themselves.

[interceptor2] 16/5/2017 10:05

Looking back at the last 6 days the transactions have been nearly all buys, so good old fashioned buying power pushing these back up. We know what the PBT will be at least £1.5m which does mean that TRD are cheap, seems that other investors are picking up on this.

[trier1] 16/5/2017 09:41

Have bought some. Very cheap indeed. If they can pay a dividend and why not given the cash they will have at the moment it will add confidence as well.

[netcurtains] 16/5/2017 09:31

way things are going we could hit new high this week. But early days. Lets see a bit more....

[pj 1] 16/5/2017 07:11

Suspect someone has picked up something positive to do with the shares in bankruptcy.