Trainline Share Discussion Threads

[albert zog] 25/9/2020 12:52

This TRN looks too good to be a true

A short with at least 50% downside

End market totally screwed and the Govt unlikely to put up with current commission system

What am I missing ?

[blondviking] 24/9/2020 09:56

KX deserted this morning in rush hour. Tried to upload photo but without success
Should break 300p soon

[catscats] 21/9/2020 14:46

saw that the gov want to promote digital ticketing in this shake up. I know that most train lines have their own on-line offering but does anyone think that Trainline could do a deal across the whole network - thereby cutting ticketing costs...?
market doesn't think so today but the drop is probably more to do with 2nd lockdown fears.

[msehs] 21/9/2020 09:16

Significant pull back this morning....

[blondviking] 18/9/2020 09:09

Back to reality this morning

[msehs] 17/9/2020 20:21

Just read the trading update. Laughable that figures for comparisons versus next year are stated as 'the percentage of net ticket sales in the equivalent period in the prior year'! What happened to the regular % age increase/decrease??

It looks better to say 19% of previous year rather than down 81% versus last year maybe??

The only companies that are doing this seem to be the ones worst affected.

Tempted to leave this short bet but I'm actually going to hang on to the start of November when the HY results are out. I am interested to see the profit after tax figures versus previous year, instead of the 'adjusted' EBITDA.

[msehs] 17/9/2020 16:45

At least BOO has growth, this one has nothing!

[inthemix] 17/9/2020 16:20

Yep closed position, seems shares like this are controlled by billionaires, sabotaging all small time PI's. BOO another example.

[msehs] 17/9/2020 13:31

Cant believe the market reaction.I suppose some shares are destined to trade inexplicably over or undervalued......

[blondviking] 17/9/2020 08:14

Holding up for the moment but with a second wave of Covid on its way can only see this going one way

[uncle gonk] 17/9/2020 08:12

With such good news the shares opened up?!

[h0me] 17/9/2020 07:08

Pretty much as predicted. Worthy of a market cap over 2 bill? Slower recovery than expected etc well over priced.

[h0me] 16/9/2020 10:53

...on the less than 30% traveller numbers well into 2021.

[inthemix] 15/9/2020 15:46

https://www.sharecast.com/amp/news/broker-recommendations/trainline-hit-as-jpmorgan-cuts-estimates-ahead-of-h1-results--7641347.html

[donmaka] 15/9/2020 10:38

I would say this is more related to JP Morgan update today cut its target down

[blondviking] 15/9/2020 10:17

The signs are there, if I were long then I would get out before Thursday

[lyndon b] 15/9/2020 08:28

Hi Home, I think you are getting your answer this morning.

[h0me] 14/9/2020 22:51

Wonder if this will start unwinding in the run to the trading update.

[blondviking] 11/9/2020 00:09

Found this on their website, sorry if already posted

H1 FY'21 Trading Update 17 September 2020

Not too long to wait!

[inthemix] 10/9/2020 15:36

No doubt a second lockdown will send this up another 10%

[donmaka] 09/9/2020 16:54

Ok I agree, I shorted them and trying to fathom why it is rising!!FT have it on their site in quite some detail about why Berenberg think they will grow.

[h0me] 09/9/2020 16:52

Are Berenberg based outside the UK. It beggars belief they are putting this out in the current climate. Open your eyes. Nobody is booking trips via train. Nobody is travelling for business via train. The gov data is telling us they are at only 30% passenger numbers. Where is the revenue coming from? What are we missing here that Berenberg can see? 520p in 2030?

[donmaka] 09/9/2020 15:45

Trainline initiated with a Buy at Berenberg Berenberg analyst Owen Shirley initiated coverage of Trainline with a Buy rating and 520 GBp price target. The analyst views the company as a growth play with online penetration of train ticket buying increasing in the U.K. and EuropeRead more at:https://thefly.com/n.php?id=3157401