Trainline Share Discussion Threads

[master rsi] 15/1/2003 14:01

The buyers continue to piled in, augurs well if we can break that 21.25p

[smudge104] 15/1/2003 13:21

anyone with any l2 info. thanks

[profitaker] 15/1/2003 11:20

I'm here until 30p.

[smudge104] 15/1/2003 11:19

was gonna sell this am, after selling rgu @10p and spt @ 18p think I will hold on for while yet!

[master rsi] 15/1/2003 11:17

The shares are improving again to 20.75-22p, as new buyers are comming in and delayed trades are released.

If finish like this at the end of the day, would give a signal of break out very positive for the future.

[neutronjack] 15/1/2003 09:09

i found one link that says more rate cuts to come

[master rsi] 15/1/2003 09:04

A good move today with a rise of 1.5p with not much volume unless there are delayed trades.

Once again we have reached the 21.25p resistance level, It will be very important for the future of the share price if it breaks this point.

[farsight] 15/1/2003 09:01

Yea verily

[saturn5] 15/1/2003 08:41

Any chance of Takeover now ?
Looks like a good co now
DYOR and dont DOO (depend on others)
No friends in this game

[verymaryhinge] 15/1/2003 08:32

Moving in the right direction now..

[the jitters] 10/1/2003 18:45

I'd personally like to know what Nittans intentions are.

From memory, they paid around 10p a share for their 30% stake (might even have been less but cant find the article right now which has the numbers). At present I reckon a cheeky bid of 30p would probably secure the company which would equate to a full takeout average price of just fraction above the prevailing price.

For that price, they get a large slug of their stake back from the cash Trio holds and an earnings enhancing acquisition from the off.

The question in my mind, is why dont they do it, if as has been suggested a number of times in the media before they intend to do so?

If they dont intend buying Trio, then I would rather see them dump their holding as it could well be acting as a potential stock overhang and preventing a bid premium being attached to the price.

Any thoughts?

Phil

[delboy002] 10/1/2003 14:23

Beartrap

IMO the cash has to be looked at in conjunction with debtors and creditors, ie liquidity ratio - what does that tell us?

Jitters

I hope you are right!! I reckon that the shares on a going concern value are worth at least 28p comparing the company with other similar companies in terms of activity and size.

[monty burns] 10/1/2003 11:50

What, the one with 10%+ of LGD?

[ydderf] 10/1/2003 11:49

Another ACE for the MASTER!

[beartrap] 10/1/2003 11:42

Just my thoughts.

Its is currently valued at around 17m. If you strip out the projected year end cash its ongoing money broker business is being valued at around 5m. Since this business is forecasted to earn around 3.5m for the full year that would mean Trio is trading at just a forward PE of 2. Even though the earnings history for money brokers is tempermental to say the least such a rating for a company that has shown innovation and good cost control is unwarranteded.

At 30p Trio would have a market cap of around 25m. It would be trading on a forward PE of 6 and still be yielding 3%. Thats a fair market price is you ask me.

Look at ICAP, it has been rewarded for its aggresive acquistions and its ability over the last 18 months to beat analysts estimates and now trades on a PE of around 16.

People will eventually see the value inherent in Trio and the share price will reflect that either through someone taking them over or simple market dynamics of more buyers then sellers. Be patient.

[macduck] 10/1/2003 08:29

Del,I think you are right.
This stock would be a lot higher if there wasn't a serious seller still around.Iwish someone would take him out so the game could go on.
This security is exceptionally cheap at these levels!!!!!!!!!!

I wont guess as to what a fair market price is.

What's your best guess???

[the jitters] 09/1/2003 14:20

Dont think so Del, its just the MM taking out the T10 merchants after the IC tip. Check out the trade log for the day of the tip and compare it to yesterday and todays trades, and I bet a fair few of the trades tally up nicely.

Solid stock, and no cause for concern IMO. The MM will be quick enough to start raising the price an a day or two as ex div day approaches so they make money on the stock they've just bought.

Phil

[delboy002] 09/1/2003 11:32

Big seller on the horizon driving the price down - any guesses? Directors?

[verymaryhinge] 09/1/2003 10:31

Jan 22nd I believe

[beartrap] 09/1/2003 10:19

Does anyone know the ex-div date??

[the jitters] 09/1/2003 01:31

The poker ashes????

Phil

[farsight] 08/1/2003 20:34

And it took them a long time, Cleaner.

OK, he says, cracking his knuckles. Who's sharp? For ten Brownie points, what am I referring to?

27.5 plays 20.

[thecleaner] 07/1/2003 08:09

THe IC article understates the recent historic performance of TRN.

[the jitters] 06/1/2003 15:04

bpoole...........what a daft remark! IC are no better or no worse at tiping stocks than the rest of the media, which means they do have good picks as well as bad picks. IC tipped Soco too as I recall and they have continued to outperform since they were tipped.

If you intend buying, then you should be doing so based on your own research not based on the research of some overpaid hack whom you have never met!

IMO of course.

Phil

[delboy002] 06/1/2003 14:22

bpoole...they are down now....get in there quickly!!!