TNLIF - Trainline Faces A Slow Return To U.K. Train Use
U.K.-based train ticketing company Trainline (TNLIF)(TNLIY) faces a worsening outlook for future trading. Recent insider selling by the chief executive also makes me wonder whether she does not see substantial upside from the current share price. I continue to rate the shares as a sell.
About Trainline
Trainline operates ticketing website for train and coach companies. As well as running its own consumer facing website selling tickets directly, it runs the backend for similar websites for train and transport companies.
Since my Seeking Alpha piece Keep Off The Tracks: Trainline appeared, with a bearish rating,