Triad Share Discussion Threads

[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

[trier1] 17/5/2017 09:35

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 07:50

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 07:00

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 06:48

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

[netcurtains] 17/5/2017 05:43

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 21:57

Forced seller?