By Steve Moore | Tuesday 27 November 2018
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The results announcement for its half-year ended 30th September 2018 from IT consultancy group Triad (TRD) includes “encouragingly, gross margin as a percentage of revenue has increased to 18.5% (2017: 16.8%)”, “the group's cash position remains extremely healthy… has declared an interim dividend of 1p (2017: 0.5p)” and “the group has made good progress with a number of business development activities aimed at strengthening our profile and increasing our client base across the public and private sectors”. The shares are currently, er, more than 25% lower, towards 45p in response. Hmmm…
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