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In still 15% (ish) down on this and I am holding for around £3.50/4 a share mark.
I still dont understand why we dropped like a stone TBH, cant anything substantial to explain it in the news.
PS, as far as the media&government are concerned 'COVID' has been done to death. I highly doubt another round of lockdowns but what do I know...lol
Its hard to believe that I am now only £1k down on this share. The question for me is do I sell before the current covid levels get noticed and lockdowns return or hang on and see if even a profit can be made :)
To be honest could not find anything to justify the massive 50% (ish) drop from £3.
Papers today seem to be indicating that the catalyst for the fall last year is seemingly resolved.
Dare we hope for a similar move through £3 today the confirm the upward reversal.
GLA.
It’s quite enlightening when a short reduces yesterday by .22% just before the bell I would imagine. It’s quite clear the news had been leaked !!
Trainline PLC said on Thursday ahead of its full-year results that ticket sales in financial 2022 were well on their way to recovery from the impacts of the pandemic.
The London-based rail and coach tickets app provider said net ticket sales had recovered to 68% of pre-Covid levels, with GBP2.52 billion sold in its year ended February 28. This was over triple the GBP783 million sold in financial 2021.
Shares in Trainline were up 4.4% at 218.20 pence each in London on Thursday morning.
In the third quarter of the financial year, ticket sales were 86% of those recorded two years before; the highest level since the onset of the pandemic.
The onset of Omicron in the fourth quarter somewhat damped this progress, with sales scaling back to 75% of pre-Covid levels.
Total revenue for the year was GBP189 million, nearly tripled from GBP67 million in financial 2021.
It expects adjusted earnings before interest, tax, depreciation and amortisation to come in "at the top end" of the previous guidance range of GBP35 million to GBP40 million for the year.
Trainline said its plans to accelerate international growth were "well underway" following the acquisition of Trenitalia France, and its first major brand campaign in Italy.
"I am pleased with our performance this year, which was in line with our expectations despite the short-term impact of Omicron in the fourth quarter. Playing a leading role in the wider industry recovery, we encouraged people back onto trains and increasingly towards digital ticketing," said Chief Executive Officer Jody Ford.
Full-year results for financial 2022 will be released on May 5.
sp heading the right way!
31 Mar 2022
Trainline on the right track with new commission charges
A look at the major movers on the London market on Thursday
Trainline PLC -
Trainline PLC (LSE:TRN) shares are steaming ahead as the company reached an agreement over the amount of commission it receives for selling rail tickets.
After a review by the rail industry, Trainline and other ticket sellers said they would cut commission rates by 0.5% to 4.5% but offsetting this, industry costs will fall by 0.25% meaning an overall reduction in Trainline's take of 0.25%.
But given this is a relatively small reduction overall, Trainline shares are up 19.54% at 236.92p.
This agreement will take effect if the retailers cannot agree new contractual terms with the Rail Delivery Group, which represents train operators.
Chief executive Jody Ford said: "This is a step forward in providing greater certainty to Trainline. It allows us to invest further in product innovation and marketing to encourage more people back to rail. We are committed to continuing to work constructively with the Rail Delivery Group and the government to reach agreement on a future retail framework that works for the customer, the industry and rail retailers like Trainline."
When did we become a AIM share - absolute joke :(
its looking good for a return back towards 3 - results being ok.
Question is, will there results get them above £2. Seems to be fairing better than most in the comeback...
I was beginning to think this was going all the way down to a penny share :)
TIMBBBBEEERRRRRRR!!!! - What hell is happening here..Have missed something!!!!!
Its never been this low and still falling like a stone....
something must be brewing, its lower then its been for over 5 years.
What a bad choice of investment this has turned out to be.
something must be brewing, its lower then its been for over 5 years.
What a bad choice of investment this has turned out to be.
I have some cash but was planning on buying/averaging down on RR/IAG once we get out of this funk.
Never thought i'd have to average down on this - live and learn.
I too feel your pain... I doubled up at £2 recently to try and get out of this stock assuming it would return to £2.50. The only good news is that the sector is down and unfortunately TL is leading on the losses.
This price would be laughable, if I want 35% down - What the hell is happening to this share.
Keep the faith with your portfolio. Most price trends reverse in my experience and any losers should be offset by winners over time.
Re TRN - I read todays RNS as good news. Funds to redeem bond must be from improved cash flow and operational uptick.
Will most heading back to work and tourism returning IMHO this will have only a positive impact going forward. Certainly as compared to 2020 and the stuttering restart to 2021.
Patience is underrated.
Funny how Barclays downgrade and it tanks, but we get an upgrade today and sweet FA.
The constant sell offs on the Nas are horribly impacting all UK companies that have the slightest tech element to them.
Probably any company with high and worrysome debt is also going to tread water given the monthly rhetoric on inflation and interest rates.
UK markets are absolutely horrible right now.
Personally I'm writing the entire year off to even get back to break even accross my portfolio.
Everything the govt tampers with ends up costing the taxpayer.
In the end the govt replicating TRN without using TRN experience is just non sensical.
I see a full recovery as the issue with TRN is not about the service punctuality but the convenience of buying tickets from a tried and tested source.
As a family, we use TRN for convenience and if the ticket supplier had a UK govt link, I would avoid it like the plague.
Just a view but at some point the news cycle will turn, if not already.
Well if the government went it alone in developing the app for UK tickets we know what that would cost,just look what was spent on the Covid app.I can see this share rising as well just got to sit it out a while longer
Same here, hoping it recovers back to £3 at least :)
The only thing that makes any sense to me is that they are yet to make a profit possibly, therefore this is lumped in with tech companies that are being sold off.
Further info about the goverment app is also due at some point best scenario is for goverment to use a tech partner such as trainline in developing the app, and also awaiting an update on the rail delivery review which they have been part off.
I'm 25% down so will just hold this, hopefully will come good eventually.
It feels like this needs to go below 200p before rebounding. Reminds me of OTB which dipped to similar levels before rallying 50% over the following month. I’m expecting to see a few bounces here in the near future as European countries relax travel restrictions.