Rotala Share Discussion Threads

[chesters2] 22/2/2007 13:02

News release issued by Bristol City Council yesterday

Rotala making some nice progress


++ New Park and Ride contracts will deliver new service for Bristol's 'early bird' workers ++

Commuters in Bristol are to benefit from an improved park and ride service at two of the city's three sites thanks to the award of new five year contracts for the provision of bus services to serve the schemes.

Flights Hallmark have been awarded a contract to provide bus services for the city's Portway Park and Ride by Bristol City Council - and have been awarded a similar deal to deliver services for the city's Long Ashton site by operators Park and Ride Limited, who run the site under an agreement with the city council.

Under the deal, Flights Hallmark will provide a new bus fleet and introduce services from 6.15am - something Bristol's employers have been asking for and which will particularly meet the need of the city's extensive health service sector. As the regional capital, the city is home to a number of hospitals providing specialist services for much of south west England.

Flights Hallmark, part of the Rotala Group, won the contract for Long Ashton against two other bidders and for Portway against three other competitors. The contracts - worth in the region of £600,000-a-year for each site - were awarded against a range of criteria, including price and quality. The company operate bus contracts in Birmingham, Surrey and Staffordshire and provide airport bus services at Gatwick and Heathrow.

The city's third Park and Ride site, off the A4 Bath Road at Brislington, will continue to be served by First Bus who secured a five contract from the city council last year. First previously provided the services at both Long Ashton and Portway.

The Long Ashton site, off the A370 to the south of the city centre, serves commuters travelling into Bristol from Somerset and beyond, including major urban areas such as Weston Super Mare, Bridgewater and Taunton. It currently delivers some 506,000 passenger journeys a year.

The Portway site, off the A4 near Avonmouth, serves commuters coming to the city from Gloucestershire, the Midlands and Wales and is the city's newest scheme. Use of the site continues to grow and last year topped 235,000 passenger journeys.

Over 91,000 people work in Bristol City Centre and the city serves a travel to work population of 900,000

Councillor Dennis Brown, Bristol's Executive Member for Transport, said: "This new contract will deliver some significant improvements to the services we provide directly and indirectly through these two Park and Ride sites. In particular, we believe that the services from 6.15am will encourage more commuters to leave their car on the edge of the city and complete their journey by bus, reducing congestion and pollution - and their own stress too."

ends

Note to Editors
Under the new contract, the inbound morning Park and Ride services will run every 15 minutes from 6.15am to 7am - then every 10 minutes during the peak period, from 7am to 9.30am, as currently.

Flights Hallmark's contact number is 0121 322 2222.

Simon Caplan
Head of Corporate Communications
Bristol City Council
Phone: [phone]
Fax: [phone]

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[don muang] 09/2/2007 09:35

Spread has narrowed to a more reasonable level.
A survey published this week reported that 58.9% of people said the bus service had worsened in the last five years in Birmingham / West Midlands.
Let's see if an expanded Central Connect operation can improve services (whilst making a margin) and take away some business from those lot at TravelWM who seem to have lost the confidence of the traveling public in the region....

[don muang] 02/2/2007 20:53

anyone wanta job ...

Centralconnect currently have vacancies for the following positions:
PSV DRIVERS-
We are now recruiting drivers for our expanding network of local bus services.
For these positions, please call the Company on 0121-322 2222, or click HERE for an application form, and return to:
Flights Hallmark Ltd, Beacon House, Long Acre, Birmingham, B7 5JJ

[don muang] 25/1/2007 17:20

this is ROL's biggest 'competitor' in the West Mids:

Rising bus fares equals rising profits....

TRAVEL West Midlands is the most profitable bus company in the world

Let's see if an expanded and coordinated Rotala can relieve them of the some of those profits during 2007..

[don muang] 10/1/2007 20:34

Rotala's bigger / biggest 'competitor' in Brum seems not to be providing a suitable service .... let's see if Rotala can benefit by impressing the local passenger transport executive....

Councillors hit out at city bus firm. Jan 10 2007.
BIRMINGHAM'S biggest bus company has been accused of abusing thousands of passengers through sky-high fare rises and by running unclean and unreliable services rife with anti-social behaviour. Councillors warned they will seek powers to take control of Travel West Midlands' fares and timetables unless the operator puts its affairs in order.

[don muang] 06/1/2007 19:44

The report shows that it is possible to turn around the falling use of buses.....

[don muang] 05/1/2007 15:39

first trading day after xmas then price for buy was 2.125p - today last buy was 3p. more 'good' news to come? ... although someone seems to be ditching in 250k tranches -

[don muang] 03/1/2007 18:41

not related to ROL, but an 'interesting' bus story.....

Veolia Environnement SA bus contracts put it in some of the world's most dangerous places, from the Watts section of Los Angeles to the crime-ridden neighborhoods of Bogota...

[don muang] 01/1/2007 14:17

just doing a bit more research on this during a lazy New Years Day afternoon ....

seems one part of the company have the ontract for running the Station Link service -


So, seems ROL is quite an interesting public transport 'play'....

(seems the piece of info on Zaks website concerning BMT takeover is dated three days before the actual RNS came out....
24 DECEMBER 2006:Zak's Bus and Coach Services Ltd is pleased to announce that it has acquired the operations and certain assets of Birmingham Motor Traction Ltd. and Birmingham Motor Traction (North) Ltd. This purchase will enable the further consolidation of the Central Connect network throughout the West Midlands.)

[don muang] 30/12/2006 21:13

BMT just the ticket for Rotala Dec 28 2006

Bus company Birmingham Motor Traction has been taken over in a deal announced to the stock market yesterday.

The Sutton Coldfield-based operator has become the latest acquisition in the city by transport firm Rotala, an Aim-listed operator based in London.

Rotala said yesterday it had paid £34,000 for BMT, which has a fleet of nine vehicles and turnover of £600,000 a year.

It has financed the deal by issuing £400,000-worth of convertible loan notes and warrants that will also cover the cost of acquiring 11 new vehicles as well as contributing to working capital.

Rotala bought out Zak's Bus and Coach Services for £30,000 cash in October following its £4.65 million takeover of Flights Group in August 2005.

It said yesterday that BMT's operations, which include contracts for Centro, Birmingham City Council and Staffordshire County Council would be merged with those run from the former Flights base in Long Acre.

"This step will eliminate duplicated administration and maintenance overheads and realise immediate cost savings," the stock market statement said.

"Thus the acquisition is expected to be earnings enhancing from the outset."

Rotala did not say in the statement whether any BMT employees would become redundant and no-one could be contacted for comment.

Latest available figures show that Rotala made a pretax loss of £1.119 million on turnover of £8.027 million in the six months to May 31.

Non-executive chairman John Gunn said in yesterday's statement that the BMT acquisition would add to Rotala's presence in the West Midlands.

"We believe that government policy on transport will involve the expansion of urban bus services. This has been highlighted in several recent reports."

[don muang] 30/12/2006 09:29

I guess no one's reading this thread? But given recent rise then perhaps it'll appear as a new year pick for one of the financial rags or financial newspaper columnists?

Management do seem to have relevant experience in the transport field and they also seem to have an active interest in building an integrated company from odds and sods. Let's see what progress will be made during 2007 ...





Happy New Year.... Good Luck for 2007 to all advfn BB readers .....

[don muang] 29/12/2006 12:27

Seems I'm the only one lookin at this thread now? If so, I'll wish myself a Happy New Year. If anyone else is ou ther, thn I'll also wish you Happy New Year and Good Luck for 2007.

[don muang] 27/12/2006 15:58

Interesting acquisition today .... let us see if any good comes out of this one. Also interesting will be the present accounting period for a previous acquisition of ROL's - Zak's. They (Zak's) seem to have some strange routes and I've yet to see any passengers on any of their (in service) busses that I've gone past. Don't see how Zak's can do anything but lose money - and by the appearence of some of the busses I've seen then a bit of capital expenditure might be due before too long.
Also let's hope their are no more administrative errors such as that of RNS Number:0340O of 15 December 2006. Otherwise administrative costs will end up being proportionally high given ROL's smallish mkt cap. So is anyone out there monitoring or holding this stock - if so, can they think of any positive reason to purchase this stock?

[Abuse team] 27/3/2006 20:53

Post removed by ADVFN

[vision88] 27/3/2006 20:52

Inspection time!! march 2006 now

bid 1.25p ask 1.5p oh deary me further drops, looking very over sold now , how ever caution here, this may getting de-listed from aim in april.

[vision88] 28/11/2005 12:32

Gunn HO Company sell high and higher, drop ,plop plop plop, company new strategic think tank proposals, stand by for further action , oooh plip plops again. hmmmmmmmmm

[pugugly] 21/11/2005 11:46

Maybe - just maybe the price has some relation to the DA. price. Also rns re Flights and accounts will not help. Any views as to ongoing position or lack of it?

[eekorehc] 30/9/2005 11:01

Hello,is anybody there?

[eekorehc] 29/9/2005 09:53

This bb is very quiet, any views on sliding share price? I found the recent statement a little hard to understand, there are clearly someunforeseen problems but are they sortable in the medium term?

[sheeneqa] 31/8/2005 19:02

Rotala (ROL) Director name: Mr John Gunn Amount purchased: 1,350,000 @ 6.01p Value: £81,135

[chesters2] 30/8/2005 20:17

The anticipated sillyness manifested itself,at one stage the quote was 3.5p to 5.0p.Hopefully the share price will now settle down or even move higher if we get an rns of the directors or institutions mopping up (at a bargain)the early-silly?-sellers

[pepi moon] 26/8/2005 14:30

having a look....

[chesters2] 26/8/2005 12:23

All the resolutions passed at todays EGM.relisting due for Tuesday.I anticipate some short term sillyness (the stock has been suspended for a long time and some of those who got in at 4p will no doubt sell)before a movement in the right direction.

For the patient (18m to 2`years)I anticipate some significant returns.

As always dyor

Chesters2

[johnhmac] 09/8/2005 10:29

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
ROTALA PLC
COMPANY ADDRESS:
46 CANNON STREET
LONDON
COMPANY POSTCODE:
EC4N 6JJ
COUNTRY OF INCORPORATION:
ENGLAND & WALES
COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:
ROTALA IS A NEWLY ESTABLISHED COMPANY, CREATED WITH THE AIM OF ACQUIRING COMPLEMENTARY BUSINESSES WITHIN THE
PARKING AND TRANSPORT INDUSTRIES. The Company will concentrate on two key sectors:

* Parking, which includes the operation of car parks, on-street enforcement and related services; and
* Transportation management, which is the provision of quality, tailored transportation solutions with a view
to filling the gap between the services provided by public transport and the needs of the travelling public.

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):

171,974,360 ORDINARY SHARES OF 1 PENCE EACH
107,000,000 AT A PRICE OF 4 PENCE PER SHARE - 10 MARCH 2005
18,307,693 AT A PRICE OF 6.5 PENCE PER SHARE - PLACING 26 AUGUST 2005
46,666,667 AS CONSIDERATION SHARES - RE ACQUISITION OF FLIGHTS HALLMARK LIMITED, FLIGHTS CORPORATE TRANSFERS
LIMITED AND FH TRANSPORT LIMITED
CAPITAL TO BE RAISED ON ADMISSION:
#1,190,000
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
JOHN HUMPHREY GUNN - NON-EXECUTIVE CHAIRMAN
NICHOLAS PATRICK KENNEDY - NON-EXECUTIVE DIRECTOR
KIM MICHAEL TAYLOR - EXECUTIVE FINANCE DIRECTOR
STUART JOHN LAWRENSON - PROPOSED NON-EXECUTIVE DIRECTOR
PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:
AS STATED PRE-ADMISSION:

John Gunn 14.5%
Ludgate Investments Ltd 13.9%
ODL Securities Ltd 7.6%
Prestbury Investment Holdings Ltd 7.4%
WB Nominees Ltd 5.7%
Paul Heath 4.4%

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
N/A
ANTICIPATED ACCOUNTING REFERENCE DATE:
31 DECEMBER
EXPECTED ADMISSION DATE:
30 AUGUST 2005

[mohamed99] 25/7/2005 02:25

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