Trainline Share Discussion Threads

[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!

[master rsi] 26/1/2004 08:51

Marked up from the start, but buying is keeping the share price on the up movement, just tick up on the offer 26.5 - 28p+2p

[master rsi] 25/1/2004 14:14

The article below, should be good news also for the company, if the rate really go up eventualy.

From FT.com .......

Robust growth in UK economy paves way for rate rise
By Anna Fifield, Economics Reporter
Published: January 23 2004 10:34

The British economy picked up sharply towards the end of 2003, with annual growth hitting 2.1 per cent, official figures showed on Friday.

The data signal that the world's fourth largest economy is expanding robustly, and analysts said they would give the Bank of England the green light to raise interest rates to 4 per cent next month.

The Office for National Statistics said that gross domestic product growth accelerated to 0.9 per cent in the fourth quarter, faster than the revised 0.8 per cent recorded in the previous three months and economists' consensus expectations of 0.8 per cent growth.

This was the fastest quarterly pace of growth since the first three months of 2000, when growth was 1.2 per cent.

The 2003 growth rate of 2.1 per cent was bang on Gordon Brown's estimate in last month's pre-Budget report.

Signs of strengthening growth were supported by figures showing retail sales volumes rose by 0.9 per cent in December, contrary to retailers' reports of a bleak Christmas trading period that forced widespread discounting.

December's growth took the annual pace of retail sales volumes to 4 per cent, much higher than the market expectation of 2.9 per cent.

Friday's data were viewed as critical to the Bank's next discussions, amid mixed signs about growth. "Our view is that they will raise rates by a quarter-point at that meeting, but only look for one more quarter-point hike after that, probably in the second quarter, given that inflation is not expected to pick up significantly," said James Knightley of ING Financial Markets.

Although inflation remains steady and the housing market is still buoyant, the pound's rise against the dollar and the unclear impact of November's rate rise were still a hurdle for raising rates, the minutes of the monetary policy committee's January meeting, published this week, showed.

Removing another hurdle, the British Chambers of Commerce on Thursday painted a rosy outlook for both services companies and the struggling manufacturing sector.

Growth in the fourth quarter was propelled by a 1 per cent expansion in service sector output.

Strong domestic demand means Britain has weathered the global downturn better than most of the world's leading economies. The figures come just days after the Organisation for Economic Co-operation and Development described the country's economic performance as "enviable".

The next MPC is due on February 4-5.

[ccullinane] 25/1/2004 12:36

Here's the link -

[davron8] 25/1/2004 10:48

.Sorry double click

[davron8] 25/1/2004 10:48

A friend just phoned to say that the Mail on Sunday financial section has recommended Trio as a buy so we could see some action tomorrow. Good luck everyone.

[davron8] 23/1/2004 20:19

ccullinane, that is a very interesting item and shows how Trio are looking to use there new advanced facilities to increase market share. Thanks for posting. I would think the price lift today may have in part been a result of this news.

I also found the following item interesting. The interims figure are up to the end 30 Sept. It seems like the next set of figures have got off to a flying start.

03/11/03 Record Month - A record number of deals were processed on UK-Locals in October 2003. A big Thank You to all those who use the site!