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value of radio positions in edinburgh
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Author:  ALI T [ Mon Sep 05, 2011 1:47 am ]
Post subject:  value of radio positions in edinburgh
topic going on over on fasties

im just curious as to whether anyone can shed light on how a company such as the medium 2 taxi companies in edinburgh would be valued.

some how the way its being worked out over there doesn't seem to hit the mark.imo

anyone with any business acumen.retired surveyor etc :wink:

not you dougie :lol:
Author:  toots [ Mon Sep 05, 2011 2:05 am ]
Post subject: 
Not claiming to have any business acumen but it will be valued on it's assets and it's profits. Not rocket science really is it :wink:
Author:  Sussex [ Mon Sep 05, 2011 7:54 am ]
Post subject:  Re: value of radio positions in edinburgh
ALI T wrote:
im just curious as to whether anyone can shed light on how a company such as the medium 2 taxi companies in edinburgh would be valued.

Usually based on a price per cab, and the quality of account work.
Author:  ALI T [ Mon Sep 05, 2011 7:54 am ]
Post subject: 
toots wrote:
Not claiming to have any business acumen but it will be valued on it's assets and it's profits. Not rocket science really is it :wink:


really,you sure you don't have any business acumen. :wink:

because id have never thought of that :roll:

anyone have a valid idea,its just that it seems to me taxi companies that are co-ops are in a bit of a funny position as regards getting a true valuation.

the guys that paid £6k seem to think that simply multiplying the price of the last position by the number of cars is how you arrive at a valuation :D

anyhoo im 100% sure thats not right,to me its the assets actually owned and the annual net profit.

im not even sure if a co-op is a viable business to buy for any investor.
as the customer in these setups is actually the shareholders.

no year end company profit and loss sheet no dividends or bonus's.
kinda says it all really.
Author:  ALI T [ Mon Sep 05, 2011 8:02 am ]
Post subject:  Re: value of radio positions in edinburgh
Sussex wrote:
ALI T wrote:
im just curious as to whether anyone can shed light on how a company such as the medium 2 taxi companies in edinburgh would be valued.

Usually based on a price per cab, and the quality of account work.


yeah but the company as an entity doesn't own the cabs,nor are any of the cabs actually contracted to stay with the company.

and the account work can walk out the door at the drop of a hat.
so surely thats only good will at best.
plus that money goes to the drivers the company doesnt make a bean from that

the only measurable turnover is the money coming in from radio rentals.

and there cant be any profit left over in the profit and loss sheet or a dividend would be paid out yearly.
this has never happened in my time in the trade.
Author:  ALI T [ Mon Sep 05, 2011 8:18 am ]
Post subject: 
imo opinion it really isnt a viable business.
thats probably why its a co-op :wink:

as there is no actual profit.

i can see the sales pitch now
Quote:
would you like to invest in a company,sure who's the customer,the shareholders are,oh and btw it makes no profit


the only ones being daft enough to buy shares being taxi drivers :lol:
Author:  Private Reggie [ Mon Sep 05, 2011 8:57 am ]
Post subject: 
One and a half tmes turnover, Market share of the 24 million radio jobs quoted by Bill Purnell in last weeks EN, Demand for positons, 355 Taxi's x £10k = £3.55 million.

Just an estimate :wink:
Author:  ALI T [ Mon Sep 05, 2011 10:10 am ]
Post subject: 
Private Reggie wrote:
One and a half tmes turnover, Market share of the 24 million radio jobs quoted by Bill Purnell in last weeks EN, Demand for positons, 355 Taxi's x £10k = £3.55 million.

Just an estimate :wink:

and like plate values you clearly don't know what you own. :wink:
or in this case what has value and what doesn't have value from a buyers point of view.
jobs that the company makes no money from dont have value.
nor would past performance even if they had value to the company from a buyers point of view,which they don't.

the only thing that has value imo is the income from radio dues and the property that is owned by the company.
as this is a co-op it is highly unlikely it would ever be sold off.
but we all know this.
lets face it dougie your just trying to talk up the price because the value of the plate is crashing.


isnt this carpetbagging of a sort :wink:

btw i did ask you not to comment :roll:
Author:  ALI T [ Mon Sep 05, 2011 10:19 am ]
Post subject: 
Private Reggie wrote:
One and a half tmes turnover, Market share of the 24 million radio jobs quoted by Bill Purnell in last weeks EN, Demand for positons, 355 Taxi's x £10k = £3.55 million.

Just an estimate :wink:


youll have to explain this dougie as am thick.

what do you regard as turnover in city.
is it the radio dues or the jobs given to you over the radio :roll:

and why are you basing this figure on turnover :?:

surely it has to be based on profits not turnover :lol:

if a company has turnover 0f £1 million but only makes £1 profit after deductions does that then mean its valued at £1.5 mill and someone would pay that for it.

myself id pay £1.50 for it going by your figures

unless im daft enough to try and recoup my £1.5 mill investment over the next 1.5 million years :lol: :lol: :lol:
Author:  Fairplay [ Mon Sep 05, 2011 10:23 am ]
Post subject: 
Surely the price of anything is determined by "Demand". So, if there was huge numbers desperate for a radio position then the price would go up.
For example, if your house had been floundering on the market for some time would you increase the selling price ?. As has been said before the price of "Anything" is what people are prepared to pay.
Author:  ALI T [ Mon Sep 05, 2011 12:05 pm ]
Post subject: 
Fairplay wrote:
Surely the price of anything is determined by "Demand". So, if there was huge numbers desperate for a radio position then the price would go up.
For example, if your house had been floundering on the market for some time would you increase the selling price ?. As has been said before the price of "Anything" is what people are prepared to pay.


correct

unless your dougie and think that the current or future value should be based on what you paid ofr it x2,failing that you can always talk up the price by talking bullshit about a subject that none of us including me have any idea on how to value a business.

it kinda sums guys like dougie up all talk and very little substance
Author:  ALI T [ Mon Sep 05, 2011 12:11 pm ]
Post subject: 
ive never quite understood the co-op mentality tbh

why on earth would someone shell out cash to join when they can simply pay an intermediary to do the same job minus the substantial joining fee.

are they just pandering to their own illusion :oops:

just like plates
it seems taxi driver love to self inflict wounds upon themselves in the form of debts its madness its a disease :wink:

talk about disadvantaging yourself in the market place :roll:
Author:  wee eddie [ Tue Sep 06, 2011 7:44 pm ]
Post subject:  Re: value of radio positions in Edinburgh
As I see it:

Unless they actually "OWN" some Taxis, the only thing they have to sell is their Name & Telephone Number, which is what generates the current volume of business.

One might also chose to buy the Fixtures and Fittings, the Old Radios and Office Desks. The Office will, almost certainly be Rented and many Lease Transfers include a Rent Increase, 10% is usual, so be warned on that one. Also, many Councils use a change of Ownership to increase the Rates!

You will probably need a Licence to Operate, from the Council, so any offer you made would have to be contingent on an Operators Licence being granted.
Author:  Private Reggie [ Tue Sep 06, 2011 9:46 pm ]
Post subject:  Re:
Private Reggie wrote:
One and a half tmes turnover, Market share of the 24 million radio jobs quoted by Bill Purnell in last weeks EN, Demand for positons, 355 Taxi's x £10k = £3.55 million.

Just an estimate :wink:

=
Combination :roll:

Is that simple enough for you AliT :roll:

Oh and i do mention the Word Demand :wink:

Re-Wee Eddie :roll: :roll: :roll: :roll: :roll: :roll: :roll:
Author:  ALI T [ Wed Sep 07, 2011 3:11 am ]
Post subject:  Re: value of radio positions in edinburgh
quoting yourself now. :lol: :lol:
is that the only person that agrees with you :lol:
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