London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
14th September as per RNS
Something is brewing UP nearly 5% or is someone just making a brew :)
When are the results due please?
Well let's hope results show what a solid company this is.
A new buy rating from Canaccord of 372p should hopefully get back to the £3 level. Could do with some positive news from TL re half year progress.
Good bounce back in just over a week from year low , over 10% now , may it continue.....
Finchy8, thank you for your post. I think we are all on the same page 💁🏼♂️
I've only been here for about 6 months but have seen about a 25% loss in that time which isn't great! I'm decensitised to losses, I have the benefit of a large profit on my dominant holding of Rolls Royce though.
I am too wondering why we continue to drop as our balance sheet isn't too bad..
The only upside I see is if a pay settlement can be arranged for the greedy rail workers (mostly the drivers and conductors) who are already on very respectable salaries in my opinion.
How negatively the continued strike actions affect the share price in not too sure, but this is the only near term positive to look forward to that I can see.
Why our rail network is so expensive is an embarrassment, one of the most expensive in the world. Where I live, a 60 mile return train journey to London is about £80. What a way to encourage people off the roads and on to public transport 🤦
It would be nice to rip up the whole network and re lay it so it worked properly but the time it would take would be a slight inconvenience 😂
Nevertheless the government has spanked all its cash on furlough schemes, PPE and housing economic male migrants who for every one that stays is sure to bring about four dependents over legally at a later date..
Anyway rant over. I look forward to increased cost of living and taxes on a yearly basis where a sane country would be easing the cost of living year on year thinking towards the long term and not every re-election year which doesn't do anyone any favours.
Https://www.gov.uk/government/statistics/rail-factsheet-2022/rail-factsheet-2022
Https://www.ibisworld.com/uk/bed/passenger-rail-journeys/44209/
Passengers numbers / data
https://www.gov.uk/government/collections/rail-statistics
I have been playing the TL rollercoaster for a year and the SP movement never makes sense. I have made a bit of profit but whoever is driving the train has clearly made a lot more as it is never clear when to get on or off the train. Long term TL makes sense, they are turning a profit and have a huge market to go at in Europe. The UK government threat never made sense to me and if they were to really pursue it it would only be logical for then to buy TL as they have the platform already setup for what they want to achieve.
What does concern is that the sp is on a falling trajectory and I had hoped we had bottomed out on the last one, but now we have a new low. I am not sure what is driving this as their is no clear threat apart from macro economic factors or someone in the know knows something.
I am averaging 243p and ready to double up at the current price but the long term trend is a worry given to peaks are now lowering to the 280p mark.
Having been burnt on Cineworld I don't want to get too invested in TL.
Any other thoughts would be appreciated, also has anyone found a broker that you can short TL as that would be useful when it goes off the peaks?
Just noticed the drop today and was expecting to read some grim RNS but can't see any reason for the large drop. May well buy in the morning. I have a feeling Trainline could become the Rightmove equivalent.
We've got a well run profitable company, and we're now lower than we were during the pandemic.
I will never understand the logic.
Crazy!
GLA
TRN cycles between 225 and 290 fairly regularly but has only fallen once below 225 in the last 5 years (to about 160 in Feb 22). It can and has gone a lot higher than 290, breaking 500 on 3 occasions in the last 5 years but 400 more recently.
It certainly is due a rise and hitting 225 was my strike point to make a more significant commitment back in here.
Me too at 245 :(
This MUST be due a rise soon. There is no real logic for the continued fall beside the normal crap with Staffing and strikes,
I think I jumped back in too early.... again at 250p :). With an impending recession I am not too sure how this will effect TL. Any ideas how much of their revenue is leisure vs business travel? I thought I saw a broker had reiterated 315p or was I dreaming?
We may have bounced off the bottom but tis isn't going anywhere fast - much like the trains of late with all the cancelations and strikes.:)
The question is whether this is the bottom. I'm certainly ready to jump back in :)
Ahhhh feck.....
Good play - wish i had :(
I managed to get out at 284p, will be going back in on the next dip. Hopefully it comes before any trading update.
The new strikes are likely to push this temporarily south again
Rises they are 🧘
May be mid Sept for next update (6m to 31 Aug). They did issue one in this week last year (for 4m to June) but that was due a material upgrade to their guidance so an RNS was necessary. Now, if they can do the same again this year... :)
It's no sense why the sp would fall on this news as it can only benefit Trainline. More likely the threat of more industrial action. Are trainline due to provide any quarterly update soon?
Not so sure there. Ticket machines have the disadvantages of often not working or queues or language barriers. At some stage rail traffic will boom - probably when they have taken the weak link out of the chain.