Trainline Share Discussion Threads

[master rsi] 25/1/2005 09:22

Good news at last.

The must be some value on the company, to select an offer of around 32p

[monty burns] 25/1/2005 08:18

Agree with that azalea, they didn't need to say anything, certainly nobody bought many before the rise - they're kite-flying, and why not? Hagan owns an absolute bundle and in his late 50's it's a one-time chance to cash in on his major asset.

28p bid seems a bit low, and at that price I actually was better off selling when I did and making the money between September and now on RBS, JJB, BDEV and others that I would not have made had I held on to these.

Follow the money indeed!

[azalea] 25/1/2005 08:08

Diggerdaws

Overnight I have been trying to figure out the average price paid by Mr Levene and whether he, if not others, will accept 32p, IF it is offered. I agree it could be just a testing of the waters and quite posssible that someone like MAN could make a higher and real bid. In addition, the price movement was not that great and I question the real need for the compnay to comment.

[diggerdaws] 25/1/2005 07:53

sold half my holding on rise yesterday.

[quepassa] 24/1/2005 23:20

Why would the Directors of Trio wish the indicative price of 32 pence to be disclosed so clearly ?

This is very unusual for any early stage and preliminary take-over discussions / negotiations.

Normally, a price is only put on the table by a bidder and released by the target once discussions are significantly beyond preliminary stages in my experience.

It leads me to believe one of two things:-

1.That discussions have already been on-going for a certain time already, and/or

2. That Trio are putting out a marker to see if any other parties - such as other brokers or different " Private Equity consortia " - would be interested at a higher price.

Watch this situation. It may develop further. DYOR

[soysoy] 24/1/2005 22:52

soysoy - 21 Dec'04 - 18:48 - 1059 of 1074 edit


back in ths at23.5 p today
i try sell at 27p

[azalea] 24/1/2005 22:51

Comiserations there Monty and thank you for your kind words. Most of us and certainly myself have suffered similar fates - picking the right share but failing to see it through. Yet again this possible bid supports my philosphy of "follow the money" - rarely do individuals take large positions as Mr Levene did, without knowing more than the average punter such as myself. I will not make much out of this, but its better than taking a loss.

[monty burns] 24/1/2005 19:08

Jeeezz.

First it was DEB that I held thousands of and sold 2 weeks before they were taken over, the management having denied they were in talks, now this. Had 360k of these at one stage, selling at around 26p average in September '04, now none.

I seem to get the right companies, just don't have the patience to hold on. Currently holding a bundle of BDEV shares, so wait for me to sell them, then they'll be taken over.......

Congrats to the holders!

[soysoy] 24/1/2005 17:45

soysoy - 21 Jan'05 - 14:37 - 5 of 7 edit


up again

soysoy - 24 Jan'05 - 17:32 - 6 of 7 edit


Trio Holdings Plc ("Trio" or the "Company")

Following the recent movement in the Company's ordinary share price Trio
announces that it is in discussions with a Private Equity consortium, including
certain members of the management of Trio's subsidiaries, which may or may not
lead to an offer being made for the Company's entire issued and to be issued
share capital at a price of 32 pence in cash per Trio ordinary share. Trio
shareholders should note that disclosure of the price at which this indicative
offer has been made has been disclosed solely at the instigation of the
directors of Trio. Given that discussions are at a preliminary stage, there can
be no assurance that a formal offer will be announced at this price, or at all.

Further announcements will be made as appropriate in due course.

Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, Trio announces
that it has 83,484,325 ordinary shares in issue (ISIN: GB0008946781).

Enquiries

David Hagan, Trio Holdings PLC 020 7946 9100

Jonathan Hinton/David Kent, Deloitte 020 7936 3000


soysoy - 24 Jan'05 - 17:33 - 7 of 7 edit


32P OFFER PRICE

[soysoy] 24/1/2005 17:33

32P OFFER PRICE

[soysoy] 24/1/2005 17:32

Trio Holdings Plc ("Trio" or the "Company")

Following the recent movement in the Company's ordinary share price Trio
announces that it is in discussions with a Private Equity consortium, including
certain members of the management of Trio's subsidiaries, which may or may not
lead to an offer being made for the Company's entire issued and to be issued
share capital at a price of 32 pence in cash per Trio ordinary share. Trio
shareholders should note that disclosure of the price at which this indicative
offer has been made has been disclosed solely at the instigation of the
directors of Trio. Given that discussions are at a preliminary stage, there can
be no assurance that a formal offer will be announced at this price, or at all.

Further announcements will be made as appropriate in due course.

Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, Trio announces
that it has 83,484,325 ordinary shares in issue (ISIN: GB0008946781).

Enquiries

David Hagan, Trio Holdings PLC 020 7946 9100

Jonathan Hinton/David Kent, Deloitte 020 7936 3000

[soysoy] 24/1/2005 09:00

another good day

[soysoy] 23/1/2005 17:41

soysoy - 21 Jan'05 - 14:37 - 5 of 7 edit


up again

soysoy - 24 Jan'05 - 17:32 - 6 of 7 edit


Trio Holdings Plc ("Trio" or the "Company")

Following the recent movement in the Company's ordinary share price Trio
announces that it is in discussions with a Private Equity consortium, including
certain members of the management of Trio's subsidiaries, which may or may not
lead to an offer being made for the Company's entire issued and to be issued
share capital at a price of 32 pence in cash per Trio ordinary share. Trio
shareholders should note that disclosure of the price at which this indicative
offer has been made has been disclosed solely at the instigation of the
directors of Trio. Given that discussions are at a preliminary stage, there can
be no assurance that a formal offer will be announced at this price, or at all.

Further announcements will be made as appropriate in due course.

Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, Trio announces
that it has 83,484,325 ordinary shares in issue (ISIN: GB0008946781).

Enquiries

David Hagan, Trio Holdings PLC 020 7946 9100

Jonathan Hinton/David Kent, Deloitte 020 7936 3000


soysoy - 24 Jan'05 - 17:33 - 7 of 7 edit


32P OFFER PRICE

[azalea] 23/1/2005 17:07

The last time the price hit 28p was in early September 04 and before that in Q1 04.

However, as I have said previously, the big stake holders and Mr Levene's not insignifcant latest purchase, followed by MAN's very recent 3% stake, speaks to me of a bid well before the end of this year.

[soysoy] 23/1/2005 13:02

well I think there is now

[azalea] 23/1/2005 11:14

"I watch this for a while a buyer comes in at 23p and goes out at 28p make 20% every time".

No one has done that for several months now.

[soysoy] 23/1/2005 09:24

soysoy - 21 Jan'05 - 08:16 - 1 of 5 edit


UP 1P

soysoy - 21 Jan'05 - 08:27 - 2 of 5 edit


NEXT STOP 28P

Hercules1 - 21 Jan'05 - 11:54 - 3 of 5


Why the movement today?

soysoy - 21 Jan'05 - 14:28 - 4 of 5 edit


i watch this for while a buyer comes in at 23p and goes out at28p
make 20% every time

[soysoy] 21/1/2005 14:28

i watch this for while a buyer comes in at 23p and goes out at28p
make 20% every time

[hercules1] 21/1/2005 11:54

Why the movement today?

[soysoy] 21/1/2005 08:27

NEXT STOP 28P

[soysoy] 18/1/2005 17:16

yes at 330pm probley mr lenum