Trainline Share Discussion Threads

[gerdmuller] 27/2/2004 13:23

My dividend was paid last week.

Strange note in the IC today reporting on H1 figures which we all know about anyway. I can hardly comprehend what they are trying to say.

One of the things they do say is that there was a big fall in profit from last time.

This is not really true as the last set of full year results has a big one off gain included.

[kenbachelor] 27/2/2004 08:04

My notes say 0.5p on 20th Feb but check the results if you want to be sure

[fredrick james] 26/2/2004 23:44

Does any body know when the dividend is payable and how much it is ?

[ccullinane] 24/2/2004 08:57

If you look back trough the RNS's you will notice that Trio did not issue an AGM statement last year. There must have been an AGM to approve the dividend payment which was paid on the 20th.

[davron8] 23/2/2004 23:29

Monty, you may be right, I had a note that the AGM was for 17th Feb when I was out of Country. May had written it down on wrong company notes, sorry.

[monty burns] 23/2/2004 17:59

I'm not sure there was an AGM - wouldn't there have been a statement on current trading (even if short) which would be published as an official announcement?

[davron8] 23/2/2004 16:10

It appears that no posters were at the AGM. Having just read thro the report it all looks pretty good to me. With the cash in hand and 83million shares in issue that seems to be around 13p a share and a div for the year of .75p is a good basis for holding on to this good investment. As Big Cat say's, whoever is carrying the big roll overs they must be happy to keep paying the trading fees. The poss of a take over must be in most posters minds and with the excellant trading standards and specialist position in their business field cannot be ruled out. I have no idea what a bidder might pay for Trio but expect we would get a good increase on todays share price. Good luck to all.

[big_cat] 20/2/2004 16:02

Two big rollovers in two days - these guys must be expecting a takeover or something to be keeping rolling their T+ positions for so long!!!

[monty burns] 16/2/2004 17:16

Nice bounce on a reasonable volume just before the AGM and presumably a trading update. Looks good for holding above 27.5p (previously a resistance level) subject to update being ok. After that, who knows, but looking positive.

[cromarty] 12/2/2004 14:54

With new mergers in the US and potential activity with Deutsche Bank I feel that there will be more consolidation amongst London Money Brokers. Trio is small compared with ICAP Tullets Trads et al but could be a takeover target.

[davron8] 06/2/2004 00:57

ccillnane. We may get a good idea of how the future looks in a couple of weeks at the AGM on 17th Feb. Unfortuneatly I am out of the Country so cannot attend. If any poster is there could they post a resumee of what is said please. I expect any news to be very positive for the future in view of the investments in the past two years. Thanks in advance.

[ccullinane] 05/2/2004 13:24

Interest rate rise should help trio along.

[ccullinane] 02/2/2004 15:09

Don't know if anyone has seen this, but gives details of Trio's new software:

[davron8] 27/1/2004 18:52

Widgee, can you say what accounts you are looking at. The accounts I find show a very big cash surplus. As a longish term holder have I been misled by something or someone.

Monty, You are right about Mr Rollover being interesting. If it is the same person he has been doing it for a few months now and must have a strong belief that a big rise is coming to fully cover the cost of holding. Maybe expects a takeover offer. Nice to have a couple of good days to keep us interested.

[monty burns] 27/1/2004 17:16

yep, loads of debt plastered all over the balance sheet. Erm, maybe not.....

Something odd going on with these rollover trades - yesterday for 1.25m, today for 0.5m. Not sure if this is still our Mr Rollover from last year, or somebody else, but at any rate the net position is that they're still holding, not selling, so they're expecting a higher price yet.

Dunno what it all means - apart from a higher price. Who would have thought it with all that debt..... :-)

[widgee] 27/1/2004 16:57

Hmmm, not very liquid, large spread,debt, etc etc not a lot going for it

[ccullinane] 27/1/2004 09:00

Well a slow start today compared to yesterday, lets hope that it builds a head of steam again today.

[sammu] 26/1/2004 13:42

Looks like the biggest one day rise since september was on friday, which happens to be the trading day before a weekend tip. Hmmm.

Sam

[big_cat] 26/1/2004 12:27

Thank you for clarification Monty - I too held 300,000 before the last results but was unimpressed with the results and reduced holding down to 150,000, just in case there was a predator round the corner!

[quepassa] 26/1/2004 12:15

The web-based initiative which Trio have made on local authority financing should not be underestimated. This shows enormous potential. It is worth visiting their web-site www.uk-locals.com to read about their enormous growth in volumes. Trio's web-traffic on this site has been increasing exponentially and will continue to do so in my opinion.

No disrepect to anyone but the way local authorities handle their borrowing requirements in the UK is way behind the times and this initiative by Trio is excellent and sorely needed in this sector. Trio should do very well out of this concept. They have geared up to advise local Authority treasury offices on infrastructure necessary to start actively dealing on-line which is part of recent Central Government legislation.

I am a supporter and buyer of Trio. As interest rates are likely to climb , this will help volumes further across their array of interest, f/x and derivative products. Additionally, Trio are now a rare breed of animal as a money broker. we have witnessed the performance of their big-brother, ICAP, in recent times. Things are moving forward and gathering pace in my opinion for Trio

[monty burns] 26/1/2004 10:15

I meant if you go back beyond the last week (during which there has been a lot of buying), for the previous 2-3 months, my impression was of steady chunky (20-25k at a time) selling. I hold 340k+ of these, so I watch them fairly closely!........

[big_cat] 26/1/2004 10:13

Monty - what selling are you talking about? I checked last few days transactions and almost all of them have had more buys than sells. Please enlighten us!