Taxi Driver Online

UK cab trade debate and advice
It is currently Sat Oct 19, 2019 3:48 pm

All times are UTC [ DST ]




Post new topic Reply to topic  [ 89 posts ]  Go to page Previous  1, 2, 3, 4, 5, 6
Author Message
PostPosted: Tue Sep 24, 2019 8:10 pm 
Offline
User avatar

Joined: Sat Apr 01, 2006 11:47 pm
Posts: 13106
Location: Stamford Britains prettiest town till SKDC ruined it
wannabeeahack wrote:
Sussex wrote:
Also the big investors like the Saudis are looking at billions and billions of lost dollars.



2 days oil profits...



or a tax write off :wink:

_________________
Taxis Are Public Transport too

Join the campaign to get April fools jokes banned for 364 days a year !


Top
 Profile  
 
PostPosted: Tue Sep 24, 2019 8:12 pm 
Offline
User avatar

Joined: Sat Apr 01, 2006 11:47 pm
Posts: 13106
Location: Stamford Britains prettiest town till SKDC ruined it
Sussex wrote:
Another interesting Uber article, but not directly related to their share price, not for now at least.

https://jalopnik.com/the-legal-argument ... 1838255672

Basically to win the 'surge pricing' anti trust case in New York, Uber are going to have to show the court they aren't just an app.

However to win the case in California, and a few other places to boot, they are going to have to show the court they are just an app. :D :D :D :D :D :D :D :D



they always seem to win through though

Oh and the share price hasn't collapsed :wink:

_________________
Taxis Are Public Transport too

Join the campaign to get April fools jokes banned for 364 days a year !


Top
 Profile  
 
PostPosted: Wed Sep 25, 2019 4:32 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
Quote:
Oh and the share price hasn't collapsed :wink:

It was down a further 5% yesterday.

But I suppose a 25-30% drop since IPO isn't a collapse, although if the stock market dropped that much in 5 months there would be people jumping out of windows.

However when one considers this time last year we were being fed values of $120 Billion, yet today the value is about 72% lower than that, then IMO that is a collapse.

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Wed Sep 25, 2019 8:05 pm 
Offline
User avatar

Joined: Sat Apr 01, 2006 11:47 pm
Posts: 13106
Location: Stamford Britains prettiest town till SKDC ruined it
the market has produced a more realistic valuation

_________________
Taxis Are Public Transport too

Join the campaign to get April fools jokes banned for 364 days a year !


Top
 Profile  
 
PostPosted: Thu Sep 26, 2019 3:35 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
edders23 wrote:
the market has produced a more realistic valuation

I'm not sure the market has the foggiest idea of the actual value of Uber.

I suspect many have sold, and not many have bought shares since the IPO.

It will never make money.

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Fri Sep 27, 2019 6:07 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
Some more interesting Uber stats, well at least for me. :D

Basically despite an increase in Uber taxi/PH revenue in the last 5 quarters ($10.2 - $12.2 billion), the actual net amount Uber received remains much the same.

https://dashboards.trefis.com/no-login- ... efis190926

Reason for this is the actual take Uber receive from each job has declined from 22% to 19%.

Forbes Magazine suggest the reason is due to competition for drivers, and for punters.

Well long may that continue, well for drivers at least. :D

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Fri Sep 27, 2019 7:53 pm 
Offline
User avatar

Joined: Sat Apr 01, 2006 11:47 pm
Posts: 13106
Location: Stamford Britains prettiest town till SKDC ruined it
bet it's still 25 percent in the uk :wink:

_________________
Taxis Are Public Transport too

Join the campaign to get April fools jokes banned for 364 days a year !


Top
 Profile  
 
PostPosted: Sat Sep 28, 2019 5:10 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
edders23 wrote:
bet it's still 25 percent in the uk :wink:

The drivers pay 25%, although it's a bit lower for WAV requests.

But we have to bear in mind the price the punter pays often bears little resemblance to the price the driver receives.

So the driver pays 25% on one amount, but that amount is not the price the punters pays. Hence the reason why Uber lose money on most jobs.

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Sat Sep 28, 2019 5:31 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
Closed this week at $30.29, having slightly recovered today from an all time low of $30.13.

Down 32.69% since IPO.

Or in plain cash terms, down a cent or two over $25 Billion. Image

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Sat Sep 28, 2019 6:04 pm 
Offline
User avatar

Joined: Sat Apr 01, 2006 11:47 pm
Posts: 13106
Location: Stamford Britains prettiest town till SKDC ruined it
not sure if you have seen this video but uber features

https://www.youtube.com/watch?v=kDBYUdAmXQk

_________________
Taxis Are Public Transport too

Join the campaign to get April fools jokes banned for 364 days a year !


Top
 Profile  
 
PostPosted: Sun Sep 29, 2019 4:52 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
edders23 wrote:
not sure if you have seen this video but uber features

https://www.youtube.com/watch?v=kDBYUdAmXQk

Interesting that that was from two years ago, and since then Uber has lost, approx, another $12 billion or so.

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Wed Oct 02, 2019 7:18 am 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
Closed last night at $29.15, an all time low closing. Slightly up on the $28.65 it fell to during the day. :D

Down 35.22% since IPO.

Or in real cash terms just under $27 billion. :D

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Sat Oct 05, 2019 9:10 pm 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
Closed the week at $29.67, down 73 cents on the week.

Down 34.06% since IPO.

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Sat Oct 12, 2019 5:50 pm 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 43766
Location: 1066 Country
Closed this week at $30.13 a share.

Up 46 cents from last week's close, but still $25 Billion down from IPO.

_________________
IDFIMH


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 89 posts ]  Go to page Previous  1, 2, 3, 4, 5, 6

All times are UTC [ DST ]


Who is online

Users browsing this forum: No registered users and 14 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
Powered by phpBB® Forum Software © phpBB Group