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Highlights
- Train drivers from nine companies have announced fresh strikes over pay and poor working conditions.
- The Aslef union members are set to go on 24-hour strike next Saturday, August 13, which coincides with another busy weekend.
The UK travellers are in for further disruptions with nine companies announcing fresh strikes over pay and poor working conditions. The Aslef union members are set to go on 24-hour strike next Saturday, August 13, which coincides with another busy weekend.
The strike will involve drivers from nine rail companies, including Hull Trains, Avanti West Coast, CrossCountry, Southeastern, Greater Anglia, West Midlands Trains, London Overground, Great Western Railway, and LNE. Besides Aslef, both the Rail, Maritime and Transport Union (RMT) and the Transport Salaried Staff Association (TSSA) too had announced fresh dates for strikes starting from 18 August, and 20 August respectively.
With the train strike situation worsening, the passengers with advance, off-peak or anytime tickets are expected to face issues. The railway firms have urged the passengers reconsider modifying their travel dates or get a refund, should the train get cancelled.
Amidst the prevailing transport crisis, Kalkine Media® explores three rail stocks that you may keep an eye on.
The Go-Ahead Group Plc (LON: GOG)
The Go-Ahead Group Plc’s share was witnessing a minor rally of 0.39% at 08:24 (GMT+1) on Monday and were trading at GBX 1,540.00. GOG, which operates through three segments -- London & International Bus, Regional Bus and Rail, has given its shareholders positive returns of 52.32% and 130.88% on an annual and YTD basis, respectively as of 8 August. GOG had market cap of £662.34 million.
National Express Group Plc (LON:NEX)
Global public transport firm National Express Group Plc on 8 August was enjoying a market cap of £1,120.09 million. NEX which provided services in countries such as Canada, US, France etc. wasn’t having the best of days as it was down by 0.22% at 08:24 (GMT+1) on Monday and were trading at GBX 182.00. As of 8 August, NEX’s both one-year and YTD have not been great giving returns of -32.61% and -29.24% to its shareholders on an annual and YTD basis, respectively.
Trainline Plc (LON: TRN)
Trainline Plc’s share was trading at GBX 393.00 and was up by 0.15% at 08:35 AM (GMT+1) with a market cap of £1,886.19 million. As of 8 August, Trainline Plc has given its shareholders positive returns of 11.45% and 40.61% on an annual and YTD basis, respectively.
Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.
