Member Info for Finchy8

I must have missed something. What was the vote for?

Probably because I got out last week at break even :) Good luck all.

I whished I pulled out at 280p with a tidy profit, now verging on breakeven. I am not sure if this a cause of the overall failure of the FTSE 250, as I have a few stocks that are half there value or that TL in the £3-4 was just a tech led pipe dream and now they are showing profit it's nothing like what the earlier investors were expecting. It feels a lot like what happened to Just Eat. Is TL destined to stay in the £2-3 range?

If the US market plummets on a recession, which is looking highly likely, do we expect the FTSE 250 to be dragged down with it, given it's not seen any of the US improvement in 2023. I am tempted to get out of all positions and park the money in the bank at 5% until the markets have sorted themselves out and move back in after the crash.

Hi Corry,

My simple logic was the RNS showing a holding change with BlackRock. I am not clear on the buyback process but if this is just TL buying from the whole market then I was confused why the price would head lower and not higher. Not that I have ever seen the sp move logically on volume for TL, so who knows :)

So over the last 5 days TL buy back shares, presumably from Black Rock and the share price falls. Does this make sense to anyone else? Is the buyback a red herring as £50m against a market cap of £1.3bn isn't really going to make a dent me thinks.

It would be great if TL could have made some releases early to assure us that the strike action was having little impact. Beggars cant be choosers though :)

The last time TL were buying back shares the price was up in the £4s. Lets get in to the £3s and see what happens.

Still on the train :) Hopefully the share buy back can push this over £3 and maybe on to £4. fingers crossed. gla

I'm now wishing I hadn't looked at TL today. They are going to deliver some presentations along with the half year results. Is that a good thing or are we expecting bad news?

I'm even at the moment and wondering about stepping off the train before tomorrow. Any thoughts?

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.

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?

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?

The question is whether this is the bottom. I'm certainly ready to jump back in :)

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

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?

I'm sure poorinvestor still has enough time for another multibagger :)

I unfortunately did at 240p, didn't think this would stretch to a new low and the FTSE 250 is still falling... oops :)

Travel and leisure will definitely be taking a hit with the BoE rate rise and its hit most of the FTSE 250. Definitely looking to buy some more once this finds it new low. The problem with trainline is catching it before it rebounds too quickly.

It always feels to me that this share is overly manipulated by the MM's as there is never any real volume driving it up or down.

Would be great to hear if anyone had a better take on it??

Was hoping this would get to £3 to sell and come back in on the next dip. Looks like the dip has already started, hopefully it wont go below 2.60.

Not sure for the rise, but at least back in profit :)