Taxi Driver Online

In a nutshell Ali's closest to the mark as regards profit being more important than turnover.

A common way to value businesses is basically just a multiple of earnings after tax, say seven times profit.

But since a company's value is most often discussed in the context of the price per individual share, the ratio is often exprssed in terms of profit (earnings) per share as compared to the price per each share, ie the price/earnings ratio.

Assets and liabilities aren't really an issue since a profitable company will generally be worth far in excess of its net (tangible) assets, the difference representing (intangible) goodwill.

And it's unlikely that the price of a radio position in the Edinburgh circuits could be translated into the entity's worth on the open market if these positions could be swapped for shares in a company.

But if the circuits are worth even £10 million in total then it's interesting to compare this to the plate market (worth £50 million?) thus putting into context the council's cartel as compared to something approaching a real business

well if thats the case, and i suspect it is.
with us having access to only the most basic of company figures and the absence of a professional valuation.
then i doubt it gets anywhere near the millions.

and its entry into companies house
http://wck2.companieshouse.gov.uk/92dd6 ... ompdetails

total exemption small not for profit

obviously this company cant really be translated into value as you would a normal for profit company as its a co-op.

although with the amount of revenue it takes in is approx £1.7 mill pa we have no access to its expenditure.
but bearing in mind it has never paid a dividend out to its member then that says to me that it pretty much breaks even year in year out.
i think that is what it was intended to do,run by members for members.
as long as they don't muck up the books then it should run as it was intended to do.

now dougie

i paid £1500 for my plate(for want of a better phrase) and sold for between £35k and £50k.

you paid £6.5k for your position and wish to sell for £12k>£15k six months after buying

when i sold the market was talked up for me i have always slated the thing but accepted it was there and took advantage of it.
you claim this is carpetbagging

you on the other hand wish to talk up your own market,and punt something on for a higher price than you paid for it.
nothing wrong with this imo
but the actual value of what your selling hasn't increased, city haven't doubled their work in that time(which would make it more attractive to a potential buyer) and they haven't doubled their profitability as a company(not that it can valued as such)

so gotta ask
where do you get your figures from

some would compare you to a bad snake oil salesman never mind a carpetbagger
another thing is you got everything on the cheap,you have no intention of selling.
so why do you wish to make it more expensive for potential new entrants to get into the trade
its almost as if your scared of better value competition.
thing is Dougie that competition already exist out with the controls of the restricted taxi market cartel.
there called ph.

so all your doing by talking up prices and making it more difficult to raise the finance and run at a good profit.
is damage the market you work in,and yes the ph do the same job as hack

bottom line is dougie youll get what someone is prepared to pay for it and in this climate i would imagine percieved value would go down not up.
but he good luck to you,welcome to the club.

Who said i was selling Oh its you who say's i'm selling Sorry Al to disappoint you but i'm NOT selling There is a demand for a position in either City or Central, buyers of plates are only buying a plate with position in any of the above, there maybe the odd exception but today's buyers want more. I'm talking up the value because i know the value of the plate has decreased and the fact there is demand for positions in the 2 closed shops. Some old boy's are due to retire so making up the difference of the loss of value in plates with a rise in the value of positions is business tactics my old son, if there is no demand the price of positions stagnate but hey there is demand, we owners know how much a buyer is willing to pay for a whole package so to a degree and based on demand we can control the market value of the whole package, if a buyer doesn't want to buy at the going rate another buyer will come along who is, now i bought my plate for 17k 10 years ago and in a funny way what i'm saying is the reason plates peaked at 50k plus.

AliT i'm 46 years old and looking forward to the next 20 years, the value of what i have is solely income protection , if after 20 years my package is worth anything that is a bonus, you know just like the old boys who are retiring today, good luck to them if they leave with a quick 50k, they have invested heavily in the tools of their trade for say the last 30-40years.

Carpetbagging is your game not mine, i'm not SCARED to work for a living in a trade that you are Scared to work

_________________
Alway's been about Tightening the Grip!

B.T.W. Dougie you were a wee bit a bit slow of the mark. I had the cctv installed months ago, plus the "moat" is almost finished too !.

Roger

Everything going to plan

_________________
Alway's been about Tightening the Grip!

i never thought for a minute you were selling dougie.
thats probably why i never said you were
it was hypothetical, you were an example

but im glad we got to the root of the discussion which is you trying to carpetbag the price of radio positions.

btw why would anyone buy a package with a £15k radio position when they can buy a street cab and then buy a radio position for £5.5k.

because dougie Smith says so

anyway good luck talking it up because i think you'll need a shed load o luck to find someone willing to pay that for it,as long as you believe it though thats the main thing eh

what a complete numpty

Had any "Not so nice", letters through your door yet Ali ?. Btw, you've "Grassed", yersel. Idiot. BLABBERMOUTH !

Hardly business tactics if you're effectively taking the price decided by the market.

By the way, Reggie, nae sign of your medallion system in the SNP's programme for government

http://www.scotland.gov.uk/About/progra ... /2011-2012

grassed myself on what
c'mon make an erse of yourself again and explain

jeez the level of intellect from dougie and fairplay is staggering dont you think.
fairplay has obviosly gassed me up to the FBI for selling a plate.
guilty yer honor take me away


funny thing is ive not grassed myself fairplay you or dougie have grassed me up and you just admitted it feck knows for what, but ill let you know as soon as i do.
which will be never btw .
the only people who think they have something is you and dougie,and we all know how far off the mark your opinions are from facts,im sure your turnbullgate expose is being scrutinized on alex salmonds desk right now by a team of top investigators.

you couldn't make it up you lot are barking mad

it must be in there somewhere

dougie has given us assurances of economic taxi reform,seemingly we were going to be protected from the ravages of the rest of the world,and be anointed kings of the world, its in his manifesto,has wee eck betrayed dougie and the wee taxi people of upper niddrie.surely not

i have a list of names from gumtree

The Medallion system is for the Local Authority to decide, there is a process, The medallion system is on the Table You know Rome wasn't built in a day They do see the difference between granting 20 licences for £30k or my alternative of Granting 20 licences for £800k, lets just wait and see and after the consultation process we can then see who has bragging rights, not my intention though, protecting the trade as is, is


AliT i aint no grass

_________________
Alway's been about Tightening the Grip!

Right AliT i've grassed you up I just wanted to see how it feels to be a grass I bet i can't sleep tonight

_________________
Alway's been about Tightening the Grip!

[quote]because dougie Smith says so

The Evidence

Your guilty of the crime of using my full name on this forum and i'm completly gutted that my cover is blown

I just had to grass you up

Off the forum i say Off the forum

_________________
Alway's been about Tightening the Grip!