Member Info for Early_Bird

added at 0.55

Should be an exciting few weeks here. Very hard to buy and meaningful amount of stock here, should do very nicely when news lands.

Bull run coming here. GLA

Not sure why there are sellers here... Amyt cash in the bank is in Euros so relatively our Cash / MC ratio is going up.

delayed trade.. lionheart officially out... 315,489k Add that to the 350k y'day and you get 665,489 which is what they had left on the 15th... http://www.lse.co.uk/share-regulatory-news.asp?shareprice=TRD&ArticleCode=hg5rpbwo&ArticleHeadline=Holdings_in_Company Holdings RNS tomorrow hopefully

*anywhere

One word..... Brexit. bugger all volume anyway and same again tomorrow. Hopfully nice bounce on Friday though.

these lifestyle traders now exist everywhere on AIM thanks to twitter, I see these in and out trades literally every share im in & 99% of time they sell for a loss... at least they encourage volume albeit at their own expense. No point in buying if you dont have the conviction to hold. Research absolutely key.

Compare TRD against a typical IT company in same field Stats for Sanderson - a typical IT company in same sector as Triad. It also makes a profit of about £1M Its PE ratio is 23 Its Market Cap is £43M http://shares.telegraph.co.uk/news/article.php?id=5356374&epic=SND Triad makes a profit of about £1M same sector as Sanderson. Triads PE ratio is 4.5 Triads Market Cap is £5M. Courtesy of peter@shareresearcher on twitter.

delayed trade has popped up which is the overhang that has been clearing combined with the 215k trade a few days back totals 565k. Lionheart had 665k remaining on the 15th so looks like they are more or less out hence the price starting to rise now.

switch off and come back in a few weeks. 70-100p a relastic target here now.

company has no loans or borrowings but has access to an overdraft facility if they need it (doesnt look like they will though).

Directors here hold a combined 5m shares which is 33% of the company. Other significant holders (exluding Lionheart) amount to 42% So 75% of the company is locked in sticky hands. Clear Lionheart's final few % and this should squeeze nicely. I wonder what the company policy is on share buybacks, has anyone been in contact with the BOD on this point?

Took a position here today based on last weeks set of EOY results. £950k net cash, Revenue of £28m, EBITDA £1.13m, Profit after tax £1.22m, Still has £1.1m deferred tax asset going forward to help bolster the balance sheet. Lionheart seller holding the price down currently, hopefully a nice re rate up to 100p once they finish.

Cash position solid. £1.73m in Jan, add £1.95m and £163k gives £3.84m take off £100-200k cash burn tops.

"We resolved a contentious contract with a client and, although our H1 2015 EBITDA suffered a negative effect of approximately £0.6 million, we managed to contain any further exposure to Paragon." H1 2015 absorbed a lot of any profits from my understanding which were largely offest by the tax credit and one off sale so 2016 H1 results should provide everyone with clarity on how the business is actually operating without these issues both positive and negative. From my conversations with MP, the margin from the revenue over £8m goes straight to bottom line as overheads largely fixed. That means £11m revenue on 25% margin gives £750k profit. Forecast is £500k but they are looking to underpromise and overdeliver this year so from my understanding there is scope for a positive surprise to the market perhaps when H1 results land.

this isnt a share for traders and I think everyone knows that. "flippers" hmmm this share hasnt had a placing in many years as its profitable so not sure if you have your wires crossed? lol. Flipping is when placees sell their discounted shares straight in to the market.... Cheerleaders yes but most certainly welcome if what they post is honest and factual. 2015 results look solid here, profitable by every metric and 2016 H1 results (going off last year) will be released in about a month or just over. H1 is still on target and the forecasst was £500k EBITDA so in theory PEL has already exceeded 2015 profits as we stand at this point in 2016. In my mind for a growing business such a valuation of 10 times earnings is fair which would mean MC of £5m or 3p if 2016 forecasts are met. Thus 3p my target here by year end. Dont see much risk from current levels.

Esp when the company is growing...

"In 2016 we expect that £9 million of our turnover will come from repeat partnership business, amounting to approximately 82% of our revenue guidance for the current year. In 2016, we anticipate our work to have the following geographical split: 15% UK, 5% Europe, 70% MENA and 10% China." So going off this they are still bang on target for £11m revenue this year which would mean EBITDA of £500-600k. So a MC of £2.5M. this year on £500-600k profit is some serious value in my book.

inancial Highlights · Revenue of £8.5 million (2014: £7.7 million) grew by 10% · Gross profit of £1.97 million (2014: £1.53 million) grew by 29% · EBITDA profit of £0.24 million (2014: loss of £0.08 million) Market Cap currently is £2.4m so exactly 10 x cashflow based on 2015 results. If 2016 numbers exceed 2015 numbers (which they are projected to) then this is looking undervalued. Patience here is required. H1 results not far off now which will be what the market really wants to see anyway.