Trainline Share Price (TRN)

I think I have posted something similar. If the government does get its act together I think it will not be anytime soon. The threat I am beginning to worry more about is that as Trainline is, for the moment, largely UK orientated in its revenues and the government finances are looking so precarious if we have a major economic crash (IMF in etc) this could get hit hard.

I’ve just been reading the latest update today regarding HS2 timelines and costs, and as expected it is about 13years+ late and original cost of 33 billion which could end up costing 102 billion. Regarding the trainline the biggest threat (if you can call it that) is the government producing a ticketing system to rival the trainline, I think we can all agree this is unlikely given that costs are spiralling on HS2 and others like defence spending so surely this ticketing will get pushed back and the threat will never materialise?? I’m definitely of the opinion of this and wonder what you all think?

Although I only use the trains sporadically I have used the Trainline app for quite a while now. Prior to that I used one of the ToC apps and was an early adopter. It often did not work at the gates - one train staff member at the gate once snarled at me “to get a normal ticket next time mate”. However, the kinks seemed to have been ironed out generally with the apps but definitely Trainline is way better than the ToC app I had. I have noticed recently in quite packed carriages that most people seem to use ticket apps and that it is quicker for the guard to check the tickets. They have some sort of mini device that scans the barcode.

One thing that I think we will see fairly shortly is the start of the closure of ticket offices to save costs. Shapps tried to close all ticket offices, which even I thought was rather extreme, but he caved to union pressure. Most will have to go though and are one of the easiest targets for cost savings as so few tickets are sold through them now. I would imagine not too much goes through the ticket machines either nowadays and they will be reasonably costly to maintain. So there will be a general push to go to the apps.

One important element is digital railcards which creates “stickiness” in terms of retaining customers. 20 million people are eligible and there are 7 million railcards. Trainline clearly see it as very important as in their last annual results they said this:

“Digital railcard customers up 16% to 2.7 million11; share of 16-30 railcard users at 45%”

It would also really help if Trainline was allowed to do Delay Repay which it seems they are getting closer to.

I’m not a shareholder in Trainline at this time, however, I work in the rail industry. My experience is that customers love to purchase tickets on Trainline. It’s far more popular than the TOCs own websites despite the drive by them to try switch customers over to their own apps. The demographic is weighted heavier to the younger generation 15-49 but I’m noticed more 50-65 year old switching from paper tickets to Trainline tickets.

I hope this helps.

I bought yesterday 53678 shares at a average of 224 pence.drop today was overdone I think.this will come good .need patience.