Member Info for Sisyphus

Good to see AuM improved despite expected outflows due to financial sector blip. Premier is well positioned to benefit as sentiments shift and rebalance. Diverse exposure and a good team philosophy should see it be amongst the leaders going forward. Bit harsh to see it marked down aft market open but that should reverse as analysts look at improving sector prospects. Solid, but vulnerable to predation at this low price.

Agreed, the market is marking asset managers as a generic group with the same brush. PMI managed to steer itself well through the last decade as quality prevailed within a talented team. Last year was a tough one but Q4 22 seemed to indicate that the tide was turning post Covid. It's a difficult call given the current rise in inflation and cost of living constraints but PMI has a strong reputation and prudent management so should be one of the leaders as conditions improve. A firm hand on the tiller and a straight course are the key drivers. Hopefully there won't have been a dash for cash last quarter and AuM should be on the climb again.

First quarter AUM should be up and inflows could surprise given the nature of clients and revamp of quality teams. Solid.

It has been impossible to sell larger small quantities for several weeks. Today the situation has reversed with Mms happy to take on book. Is this an indication from the floor-whisperers that the furnaces are firing on all fours??? Possibly...

Let's hope Richard Sneller will be equally as scathing ..... and R Gledhill as they are in similar positions having followed progress and the current hurdle. To be quite honest, any news would be reassuring if put into the context of a hiccough being addressed with an accompanying timeframe. These challenges are common with scaleups, the demise in share price however lies fair and square on management shoulders for lack of updates.

Kevin Johnson really needs a shake. It is no good engaging with supportive investors highlighting a 'temporary problem' and then completely ignoring the update process. Zeus and Finncap are both negligent in failing to press management after such a sustained decline in share price which is not directly related to the bigger market. Seasoned holders are used to technical setbacks and swings having an eye on the bigger picture but a competent and proactive CEO should be actively engaged in reassurance rather than hiding in the shed. Can't see this lack of communication inspiring prospective customers despite the multiple OEM contracts. Poor management communications. Holding on but kicking myself for not selling out on anticipation earlier.

As a shareholder here it really cheeses me off when companies pander and promise great strides forward prior to wanting funds yet clam up tight when they highlight problems. It's fair enough stating there will be quarterly updates, but when you interrupt them to mention problems and then hide back behind the quarterly screen it sucks. It would be magnanimous to relay progress on a monthly basis. Pretty shoddy BoD performance given the overall underlying strengths and progress.

Yep. I have written to management but they say that they are adhering to their promise of quarterly updates ie April for quarterly and t/u. It is irritating that the furnace info was RNS'd 2 months after November update not 3 so an impromptu RNS would be appropriate to reassure investors. Those invested here are well aware of hiccoughs that are bound to happen during ramp up but it's good practice to keep newsflow active at this pivotal/transitional stage.

Having risen and consolidated at this level it's time for a new push to break the previous £1.30 up to the £1.38/40 level for the next consolidation phase. Prospects look good for first quarter AuM given previous outlook.

Very true. I'm expecting an update on the furnace resolution anytime as an interim RNS.

Good in price whilst short term glitch sorted.

Decent outlook and expansion into growth areas hence drop massively overdone given current and future trading prospects. Excellent entry price imo for exposure to infrastructure regeneration.

Yep, so am I.

Trainline wins hands down for Europe in summer
https://minimalist.travel/en/travel-prep/raileurope-vs-trainline/

The cost to the UK govt of producing a basic train ticketing hub is between £1.5bn and £2bn which is crazy as it could buy Trainline and have a tried and tested system that encompasses through travel to Europe and beyond...Absolute no brainer but then again the profligate set of Muppets of all parties in government are incapable of joined up thinking. Such a move would focus and reinforce a green economy shift overnight AND the taxpayer would profit from pan European ticket sales!

I cannot emphasise enough the lack of vision that leaves Trainline shares at this bargain basement price. The potential for more train strikes in the UK is evident but the threat diminishes daily as the pressure to settle increases. Myopic 'blanket' analysts are ignoring the fact that the EU rail market is 5x bigger than the UK and Trainline is forging significant inroads, targeting €1bn tickets sales this year...that's by cob end Feb. Trainline is a disruptor in the rail industry just as Easyjet was in the airline industry. The biggest single, and fundamentally ignored asset of Trainline is Data, data and data. It is storing and collating a huge amount of passenger data and statistics. It is unique in having user, journey and destination statistic for millions of individual trips. THAT alone will certainly not be going unnoticed by large multinationals. Indeed the UK government who, if they really wish to provide an effective and efficient rail ticketing system, should engage withTRN and benefit from day one. Everyone would be a winner. Solid; as the UK would then hit the ground running with masses of data to improve services based on sound evidence based logistics.

As i previously mentioned, the market analysts are looking at the UK operations and train strikes. To do so is to completely miss the bigger picture that Trainline is pan-European and expanding its footprint rapidly across numerous territories. When the strikes end, as they will, and European travel escalation becomes evident this will jump disproportionately and back to £3.20+ in short order. It's purely a matter of when, not if, and being patient. Getting on board or averaging down at this level looks a sensible move.

The myopic are looking UK only but as the company so succinctly put it....
On high speed routes throughout the Continent, where rail carriers are now competing on the same lines, we give customers the broadest range of options and help them find the cheapest journey. This is accelerating our growth, including on the Madrid to Barcelona route where tickets sold are now seven times higher than pre-COVID.

Solid share thats correctingly nicely from a hugely oversold position. Assets under management will have risen nicely given market gains and the corresponding stimulus for inflows into well managed portfolios should see PMI bounce back to the high £1.80's in the next six months. Solid.

TBQH I'm surprised a big multinational based here or in the EU hasn't jumped in and picked up this infrastructure play. Its pan-european exposure and highly scalable platform make it a steal for a variety of people at this time before it bounces post twin dips. Solid with the added excitement of bounce or catch.