Gateshead Central Taxis
Gateshead Central Taxis
(28 Jul 2014, 10:31 pm)Andreos Constantopolous Champagne flavoured caviar was possibly order of the day!
Money was spent replacing assets and because of the need to gain additional investment to pay for these purchases - dividends were not only greater than in years gone by, there were more shareholders to satisfy.
The money leaving the company to these shareholders generally increases year on year.
Investment in assets or customer perks, doesn't always increase.
http://www.go-ahead.com/ir/shareholderin...d_cal.aspx
Once you invite shareholders into a company, they naturally want their investment to increase year on year.
Sometimes, a company will need additional shareholders to help the company move onto the next level and help appease the first lot.
It gets to the stage, where the second lot need appeasing after things start to stagnate - so an additional batch are asked to come on board and the cycle continues.
In the meantime, passengers are asked to contribute that little bit more, year on year - based on the grounds fuel costs are increasing - yet overall profits continue to increase, revenue increases and fuel costs decrease (£1m less in 2015 compared to 2014 as it stands) and the (local anyway) fleet decreases in size.
I am not going to suggest some of us re-assess our opinions on Go ahead's shareholders.
I will leave it up to each individual to decide.
(28 Jul 2014, 10:31 pm)Andreos Constantopolous Champagne flavoured caviar was possibly order of the day!
Money was spent replacing assets and because of the need to gain additional investment to pay for these purchases - dividends were not only greater than in years gone by, there were more shareholders to satisfy.
The money leaving the company to these shareholders generally increases year on year.
Investment in assets or customer perks, doesn't always increase.
http://www.go-ahead.com/ir/shareholderin...d_cal.aspx
Once you invite shareholders into a company, they naturally want their investment to increase year on year.
Sometimes, a company will need additional shareholders to help the company move onto the next level and help appease the first lot.
It gets to the stage, where the second lot need appeasing after things start to stagnate - so an additional batch are asked to come on board and the cycle continues.
In the meantime, passengers are asked to contribute that little bit more, year on year - based on the grounds fuel costs are increasing - yet overall profits continue to increase, revenue increases and fuel costs decrease (£1m less in 2015 compared to 2014 as it stands) and the (local anyway) fleet decreases in size.
I am not going to suggest some of us re-assess our opinions on Go ahead's shareholders.
I will leave it up to each individual to decide.
(29 Jul 2014, 7:24 am)Dan The usual 'higher prices but lower fuel costs' statement was you being positive?
My only negative post was in response to aureolin, which suggested to retain the same amount of champagne and caviar for shareholders (or, as in your explanation, an increased amount), the company would not invest as much into new technology, as they're operating loss-making services commercially as a result of unfair bids put in by smaller firms..!
(29 Jul 2014, 7:24 am)Dan The usual 'higher prices but lower fuel costs' statement was you being positive?
My only negative post was in response to aureolin, which suggested to retain the same amount of champagne and caviar for shareholders (or, as in your explanation, an increased amount), the company would not invest as much into new technology, as they're operating loss-making services commercially as a result of unfair bids put in by smaller firms..!
Drove past Gateshead Central Taxis Yard on Stoneygate Lane in Felling. At a rough count there is around 15 to 20 vehicles parked in it this evening (Tues) at around 2140.
(29 Jul 2014, 8:07 am)eezypeazy Ahh, ignorance is bliss, isn't it?
Many of the shareholders in the transport groups are pension funds - they need cash dividends to pay out pensions. And I don't know many caviar-eating, champagne-swilling pensioners - do you?
Dipping in to profits is like dipping into your grannies' purse when she's not looking, so you can have 50p for extra sweeties that you haven't earned.
But I'm sure Andreos knows best....
(29 Jul 2014, 8:07 am)eezypeazy Ahh, ignorance is bliss, isn't it?
Many of the shareholders in the transport groups are pension funds - they need cash dividends to pay out pensions. And I don't know many caviar-eating, champagne-swilling pensioners - do you?
Dipping in to profits is like dipping into your grannies' purse when she's not looking, so you can have 50p for extra sweeties that you haven't earned.
But I'm sure Andreos knows best....
(31 Jul 2014, 10:54 am)NEBCD Malarkey SR Demo is on 37/73515 & 558 interwork so you should see the Streetlite on both services.
Versa is on 558
Standard Solo also on 37/73
I Assume this will mean the Streetlite is on the 515
(31 Jul 2014, 4:42 pm)Dan Central Taxis Gateshead: YJ62FLD Optare Versa by emdjt42, on Flickr
'Collage' - really?
(31 Jul 2014, 4:45 pm)Andreos Constantopolous Think positive thoughts Dan
(31 Jul 2014, 4:45 pm)Andreos Constantopolous Think positive thoughts Dan
(31 Jul 2014, 4:47 pm)Dan You've been doing well lately... How can I turn this into a positive?
The destination displays either don't work on their buses, they've got no via points, or they've got spelling mistakes.
Think I'll drop Nexus an e-mail - Adam M, have you got that photo with the Bluebird lacking a destination display? It's also a non-compliant working, so it's a bonus.
(31 Jul 2014, 4:47 pm)Dan You've been doing well lately... How can I turn this into a positive?
The destination displays either don't work on their buses, they've got no via points, or they've got spelling mistakes.
Think I'll drop Nexus an e-mail - Adam M, have you got that photo with the Bluebird lacking a destination display? It's also a non-compliant working, so it's a bonus.
(31 Jul 2014, 4:42 pm)Dan Central Taxis Gateshead: YJ62FLD Optare Versa by emdjt42, on Flickr
'Collage' - really?
(31 Jul 2014, 4:42 pm)Dan Central Taxis Gateshead: YJ62FLD Optare Versa by emdjt42, on Flickr
'Collage' - really?
(31 Jul 2014, 4:42 pm)Dan Central Taxis Gateshead: YJ62FLD Optare Versa by emdjt42, on Flickr
'Collage' - really?
(31 Jul 2014, 4:42 pm)Dan Central Taxis Gateshead: YJ62FLD Optare Versa by emdjt42, on Flickr
'Collage' - really?
With the number of non compliances that we have seen this week it concerns me that this business are taking on 8 school services. I think Nexus need to be monitoring this supplier very closely.
I wonder how they are progressing in sourcing vehicles for the school runs along with staff that have the appropriate clearance for school services.