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bigboyo - Fri, 30 Dec 05 :

Children please !!

I am an existing holder all bought at between 26 and 28 p

The acounts show that high interest coupons -- some 4 millions worth were bought back and this is where the cash from the balance sheet went. This is a mark of confidence because the banks would only extend an overdraft facility if the company was solvent and had reasonable cashflow.

The 10000 NU boxes are on offer pre 31/12/2005 at ZERO installation !! From 1/1/2006 they will be £ 199.

Even if TFC makes 50 quid per box that equates to 500k profit. The 10k is just the FIRST NU order.

Now factor in the transport for london link and the likely rollout of pay as you go to ALL NU customers (at present its for ONLY for young drivers)

We could be at inflexion point -- especially as ALL the new contracts kick in to make profit contributions. The rise from hereon could be rapid and marked. I hope so anyway.



On a broader subject of road pricing



selected quotes from the above link

Most costs are caused by congestion. Targeting congestion might require a complex 'box' on board the vehicle which could work out exactly where, when and over what distance the vehicle was being used, possibly using a positioning system, although the technology requirement will depend on the precise requirements of the scheme, and on technological developments over time.

18. It would cost a lot to introduce a national road pricing scheme. As well as the costs of setting it up, there are the costs of enforcement and the back-office systems handling payments and enquiries, as well as compliance costs for industry. We cannot put a precise figure on these costs today, but the system could cost as much as £3 billion a year to run. Potentially the biggest cost in a national scheme would be the on-board technology in vehicles. However, position-fixing technology is becoming more common, and the costs are bound to fall. So it is difficult to forecast what such a national pricing system would actually cost in 10 or more years' time. The challenge for Government is to work with industry and at the European level to get the right technology in vehicles at low cost and exploit the potential synergies with other 'positive' applications such as navigational systems.

25. The Lorry Road User Charging scheme, which is due to take effect from 2007/8, will anticipate many features of a national charging scheme. But its immediate purpose is different: to ensure a fairer system of taxation rather than explicitly change behaviour. There would be value in different types of scheme being rolled out to help develop a better understanding of the responses of road users in this country to pricing, and to improve awareness of its benefits. It will be possible to trial a distance-based scheme using positioning technology.







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