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TRD Triad Group Plc

290.00
-5.00 (-1.69%)
Last Updated: 11:02:11
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Triad Group Plc LSE:TRD London Ordinary Share GB0009035741 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -5.00 -1.69% 290.00 11,566 11:02:11
Bid Price Offer Price High Price Low Price Open Price
280.00 300.00 295.00 290.00 295.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 14.86M -44k -0.0027 - 48.12M
Last Trade Time Trade Type Trade Size Trade Price Currency
12:26:39 O 140 286.00 GBX

Triad (TRD) Latest News

Triad (TRD) Discussions and Chat

Triad (TRD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:26:41286.00140400.40O
10:56:32295.102,5007,377.50O
10:00:22300.0026.00O
10:00:07290.007,26321,062.70UT
09:45:22300.001,6574,971.00O

Triad (TRD) Top Chat Posts

Top Posts
Posted at 08/5/2024 09:20 by Triad Daily Update
Triad Group Plc is listed in the Computer Related Svcs, Nec sector of the London Stock Exchange with ticker TRD. The last closing price for Triad was 295p.
Triad currently has 16,594,781 shares in issue. The market capitalisation of Triad is £48,124,865.
Triad has a price to earnings ratio (PE ratio) of -1074.07.
This morning TRD shares opened at 295p
Posted at 04/5/2024 16:15 by sunshine today
FDM PLC tell us in their accounts the average gross margin is 46.87%

The better half within the sector achieve this kind of gross margin.

However, look deeper among the players, one soon realises most of this is eaten away in overheads ,leaving profits that are nothing to write home about.

More attention should in my view paid to what can be found in the Triad report and accounts.

Triads business model depends on enough revenues to cover central costs, the directors, and costs of the ongoing listing and so on.

Get past that hurdle, and it’s game on.

If TRD goes on to become a KNOS sized company over time, then today’s price is more than dirt cheap.

Triads valuation should be based on short term and long term prospects. The order book gives great comfort short term, longer term over 60 months requires one to take a view.

On the dividend, my money is on 4P this time and a big jump at the interim stage.
Posted at 04/5/2024 13:42 by bones
It’s an interesting one. The company has already flagged that the year just ended won’t be very good on the basic numbers as they have been recruiting heavily for all the future and new business and those costs will be incurred immediately.

Those results though should be accompanied by a bullish outlook from the Chairman.

I can see maybe a pullback at that time due to the bare numbers after a near nonstop 100% gain in share price since the last update in January. That could be an opportunity to top up perhaps.

I will also be interested to see the dividend. I think it might stay as is but it could increase depending on how quickly the new contracts are throwing off cash.

Market cap is close to £50M which is mightily impressive so they will need to fill that in with earnings prospects.
Posted at 04/5/2024 09:04 by sunshine today
Kainos Group

KNOS


Price target decreased by 9.2% to UK£12.94

Down from UK£14.24, the current price target is an average from 10 analysts.
New target price is 30% above last closing price of UK£9.93.
Stock is down 22% over the past year.
The company is forecast to post earnings per share of UK£0.39 for next year compared to UK£0.34 last year.

———;——̵2;——R12;——212;———————————;——̵2;——R12;——212;———————————;——̵2;——R12;——212;———————————;——̵2;——R12;——212;———————————;—-

KNOS was until recently the darling of the computer IT sector. It stands in on a PE of 30. To justify that PE Ratio earnings should be growing at 30% a year. They are in fact forecast to grow at under half that rate this year.
I see Zero value in investing in that Billion pound market cap stock.

TRD in my view CAN grow revenues and earnings at 30% PA going forward.

I agree with netcurtains the trick is to find the next KNOS, before the institutions arrive and push up the forward PE ratio.

Triad can grow at real pace for at least the next 3 years, it’s all about the quality of those who work within the business. The staff are self driven , the teams they form produce results others can”t match . ( see industry awards ). This all helps improve client bonding, and just as importantly, margins.

The company runs a lean business model, one designed to increase profits rapidly as soon as revenues cover the general overhead.

Any stock will rocket in price if it can grow revenues and profits quickly, slap on large dividends , and the fun for shareholders gets into the higher gear range.

Some stocks anticipate future profits , others jump on the day good results are released.

As shareholders we don”t know the level of profits , but we do know at this stage, the published order book of large public sector contracts. Source : Contracts Finder.

That order book has increased from £3.2M this time last year to just short of £32M right now, after the last win 9 days ago.

That excludes any work won in the private sector over the period , and the large amount of smaller day to day awards.
Posted at 24/3/2024 13:34 by bluemango
Net and ST

Just curious, would you mind sharing your share price targets for Y/E 2025?
Posted at 17/3/2024 11:02 by netcurtains
In the graph below I'm guessing the current board eventually want to match and beat the previous share price high.
Posted at 08/3/2024 11:21 by gleach23
Personally I was totally gobsmacked by how bad the half year results were in December and there seemed to be no particular reason given as there was the previous year (ie government turmoil in 2022) despite the 'external factors beyond our control' being described as worse than the previous year...and yes I understand there was investment being thrown into recruitment.

I was equally perplexed by the strength in share price on the back of those results (despite the upbeat outlook comments - we'd had similar the year before) and bearing in mind how volatile the share price can be, and the fact that I had been overweight with my holding, I reduced by a third between the results and the end of Jan with a plan to buy back on any dips.

Didn't get the opportunity to buy any dips but have topped up a little since yesterday's news and will be holding on tightly for the ride now. TRD is about 10% of my overall portfolio and I expect that to increase in the next year or 2. GLA
Posted at 04/2/2024 09:29 by sunshine today
Not sure about RSI, i kind of think , its just basics.

The recent rise in the stock is just a reaction to events. A stock often starts to move as the order book expands. For evidence of that, look at AIM listed companies who have to RNS any orders over a certain size, and their share price reaction, on the day of release. ( Triad is fully listed, and under no obligation to RNS contracts ).

Example :
Ethernity Networks shares bounce 200% after contract win
Wed 29 Nov 2023 09:52
(Sharecast News) - The share price for AIM-listed Ethernity Networks trebled on Wednesday after the Israel-based semiconductor group won a "significant" contract worth $800,000. The contract is with an existing, unnamed "long-term networking data communications customer" which has been licensing Ethernity's ENET flow processor tech for over ten years.

/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////


Don't get me wrong i am not saying , Triad is going up 200% .


Here we go with my full explanation :


Numerous substantial longer term contract wins, that can be tracked on the UK Governments site : Contracts Finder. ( plus others, through 3rd parties, where Triad is not represented on a particular framework agreement ).

Winning no less than 3 awards at the Oscars of the Industry , more than any other company. An outstanding achievement for any SME.

Upbeat comments from the Chairman, and yet more director buying.

The number of new vacancies in the process of being filled.

Future growth rate scenarios , as soon as the overhead cost is covered, profits can at least in theory, expand on fractionally higher revenues.

Triad also pays dividends, that have the ability to grow at pace over the next few years.

The dire state of the listed competition, who have gone for rapid growth at the expense of quality. ( and failed ).

I am also of the view investors have yet to grasp the implications of the new procurement Bill being introduced this year, and its probable benefits to ESTABLISHED SME’S. ( like Triad ).

Triads 34 years of working for the Government, is a huge advantage.
It’s going to be easier for SME’S to win contracts generally.

That said , even newer SME entrants, will have a lot of catching up to do, and may struggle for the first few years, to gain traction.

Triad has such a great reputation they must be in an excellent position to grow organically .

Consultancy is not a numbers game , it’s all about your staff. Triad have spent half a decade getting to today’s position. Refer to recent Annual Reports.
Posted at 04/10/2023 13:52 by gleach23
Don't want to tempt fate but it's interesting to observe the relative calm in the TRD share price currently, presumably due to that very absence of institutional investor involvement and the related sell-off taking place elsewhere.

History shows the half-year report can be expected any time in November so not long to wait. Can currently buy 5k @ 123.9 and 10k @126.5 but can't get a quote for selling even 1k.
Posted at 03/10/2023 15:38 by sunshine today

Initial broker coverage would be welcome . That said, so often, companies use the house broker to ramp up a stock, to enable a placing, to new shareholders, at a deeply discounted share price.
Triad , thankfully don’t have that issue ( Heaps of cash and no debt).
The trick is for the company to be absolutely confident it can deliver on any forecasts the broker might put out into the market.
Thus, expectations should in my opinion always be on the low side.

Triad as a company, is unknown, with zero institutional shareholders on the register.
A broker report could be the start of a re rating that can do wonders for a share price over time.

At the end of the day it’s revenues, more importantly profits, that drive share prices. Triad has a further huge advantage over other fast growing Tech businesses, namely an income stream (dividends,) that can grow rapidly.

Virtually all after tax profit translates directly back to shareholders.

A wonderful stock , unfortunately it’s just not recognised
Posted at 15/6/2023 19:48 by gleach23
I suppose from an optimist's perspective, whilst some may have found the results a little underwhelming given the share price strength in the lead up, they did at least confirm we are pointing in a totally different direction compared to the Interims and the outlook sentiment remains positive.

One could also argue that the Interims managed to shake off weak holders and that shares are now in stickier hands - share price action since Monday would so far suggest it.

Today the 5k sale was mine. I have offloaded a third of my holding in recent weeks but TRD remains 10% of my portfolio, such was my overweight position beforehand. I think I'll stop at that.

Very interesting to note the 20k buy reported late today but timed @ 2.30pm yesterday. When looking at this on LSE I also noticed another 20k buy reported late yesterday timed from the previous day.

Those 2 trades are pretty chunky by TRD standards and help explain the share price strength since Monday's Finals.
Triad share price data is direct from the London Stock Exchange

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