Triad Share Discussion Threads

[amt] 12/6/2017 07:26

Pe of less than 7 or perhaps 5 going forward which is odd for a steadily growing company

[gleach23] 12/6/2017 07:11

Unfortunately it looks like there are a lot of shares available on the Offer so perhaps our trustee friend Mr Atkinson is selling?

[mcfly79] 12/6/2017 06:57

Great increase in pbt as previously forecast. No increase in the deferred tax asset so PAT of £1,534k giving eps of 10p putting us on a PE of 7.5 (or under 6 if you strip out the cash). Cash conversion has been good with year end cash standing at £2.2m (about 20% of the market cap). Nice to see an initial dividend on the back of this - albeit fairly small.

[trier1] 12/6/2017 06:39

A dividend is an expression of confidence in the future I guess which is nice although it is rather small. Hopefully will increase with an interim dividend as well this year coming perhaps? I am a little surprised/concerned that the deferred tax asset has not been increased. It still looks very cheap.

[netcurtains] 09/6/2017 19:01

My guess is that results will be coming out this week.... STRONG and STABLE.... Is my hope!

[netcurtains] 07/6/2017 18:38

...it will be a brave company that put its results out tomorrow

[rogash] 05/6/2017 06:23

sorry mc did not realise they had changed their year end.

[pj 1] 04/6/2017 12:21

TU-Confident we will report further progress on the Co's strategy in June. Directors expect that PBT for y/e March 2017 will be £1.5m (£0.863m) (my notes)

[mcfly79] 04/6/2017 09:50

The company has a 31 March year end. The results due in June are the final results not the interims.

[rogash] 04/6/2017 07:57

Interims not final

[mcfly79] 03/6/2017 11:47

Final results due in June. We know profit before tax will be around £1.5m. The tax credit will determine eps. I expect as a minimum the company will have a zero tax charge which would give c.10p eps. However, the company may recognise a tax credit (if their forecasting can justify recognising an asset for more of their historic tax losses). If they recognise all of their tax losses then eps would be c.15p. I suspect they will recognise only some of the tax losses, so we may get 11-12p eps.

[pj 1] 26/5/2017 20:02

sssshhhhhhhhhhhhhh.......

[netcurtains] 26/5/2017 16:12

..can we hold on to the 80p? Results in June.. Looks like ISA money coming into play? They must know about the seller? All looks rather interesting.

[netcurtains] 23/5/2017 10:53

...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 15:24

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 18:01

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 17:54

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 17:34

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 15:33

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 21:22

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 21:12

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

[trier1] 17/5/2017 17:36

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 16:17

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

[netcurtains] 17/5/2017 14:09

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