Manganese Bronze Share Discussion Threads

[airrage] 04/6/2003 12:39

Thanks again, he was charged a "running charge" and I will inform him.

[jamieborwick] 03/6/2003 08:57

"Did you know that Zingo charge you a "running charge" from the minute you place your booking "

This is not true, as the fare starts only when the passenger gets into the taxi.

Your friend was mistaken, or misled you, or should complain to Zingo.

Jamie Borwick

[airrage] 02/6/2003 15:39

As per iii post

Zingo

Did you know that Zingo charge you a "running charge" from the minute you place your booking ? My friend used the service and he had racked up about £6 worth of cab fare before he was even picked up. On top of this, you then have to pay the £1.60 telephone booking Fee.

I believe for the trial period it is free for Cabbies to use the system but they then have to start paying. The black cab driver that picked up my friend said he would be dropping zingo a.s.a.p.

Declaring an Interest for Biased Viewpoint

I have an interest in an alternative system, see www.safecab.com , which is much more primitive but only charges 50P and it works with minicabs so the fares are cheaper. Especially as there is no "running charge". It works by sending a text message of the Postcode(full or partial) from where you want picking up to tel# 83070. We instantly send you the numbers and names of the nearest firms. We recently ditched our WAP version.

I think zingo has the right idea for the future of taxi bookings but in this day and age of Internet, people have become professional consumers and as such will not be willing to fork out such high prices to pay before one even steps foot into a cab. Spending £3+mill to develop the system was overkill and I think JB you were overcharged considerably. Spending another £4mill to advertise the service makes your investment expense too high to acheive a return on the investment and to compete with lower tech solutions.


Don't take my word for it by all means. Try both systems and tell me what you think ? Don't forget to tell us the difference in what you paid for each of the services as well.

Manganese is a black cab manufacturer and is a little late into the Tech bubble to be spending this kind of money on a tech venture which would require decades of usuage at current charges and traffic to just breakeven. I might be willing to invest in Manganese(haven't researched enough yet)as a manufacturer, but I wouldn't accrue any value to it's Zingo division. The technology is nothing anyone could repeat at a fraction of the cost. Perhaps they realised this in China as well.

[hybrasil] 13/5/2003 17:45

Couldnt agree more. They have not yet marketed zingo strongly .
At the moment i believe its
only been fitted in about 750 cabs . They hope to get about 4000. I believe ifproperly sold it will a raging success.













































































































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[jim digriz] 13/5/2003 08:16

10 out of 10 for the board for telling Jamie where to stick the bid. 80p would have been offensive, particularly given the asset backing. A useful demonstration that the quoted share price is what you pay to buy a few shares, but not the price you have to pay to get the larger shareholders to sell a significant stake at a gross loss to the price they paid.

I am particularly glad that Jamie hasn't managed to nab all the benefits of Zingo, prior to it actually being fully publicised and launched. Lets wait and see what happens with Zingo.

[brugha] 13/5/2003 07:46

Offer off the table watch for a dead cat bounce. Value here below 45p

[l2e] 07/5/2003 07:40

Where is this cab going now that sales are falling again?
The CEO says seasonal is that with salt or pepper?

[toffeeman] 26/3/2003 13:32

Or CSH is buying at 74 and selling them on to JB at 76?

[toffeeman] 20/3/2003 14:11

Jamie is buying stock at 74p - see today's RNS

[hybrasil] 10/3/2003 20:35

The shares are cheap and if zingo works they'll go well. I dont think Mr Borwick should get this company for 1/2 its NAV. But this market is the most awful I remember . Barclays yields almost twice as much as LIBOR. I think in 2005 we will look back at this and say we were muts but I could be wrong. The results were expected but the interesting thing is the lack of comment . I have noticed a huge fall off on the bulletin boards. Private investors have been loosing and loosing interest.

[boram] 09/3/2003 13:13

Manganese Bronze Holdings, Interims are out on Monday 10th.

[girvin] 05/3/2003 08:37

Good taxi sale figures in current climate surprised Jamie hasn't shown his
hand yet.

[hybrasil] 24/2/2003 00:58

Anyone have on the ground experience of Zingo. It does not seem to attracting a great deal of publicity.

[sharespotter] 22/1/2003 16:36

Horrible day in the market, but MNGS up 10%. Watch this space, I suspect.

[ukek] 17/1/2003 22:51

Thanks for the clarification, This zingo is going either all or deep six.
I"ll go with all, as for move on management first to know and last to show
no axe to grind they made me small profit in mid 90s

[toffeeman] 17/1/2003 15:17

Well it was you Jamie after all - how much are we worth??!!!

[toffeeman] 16/1/2003 10:52

UKEK - I was being facetious - it is presumably a punter who gave the broker a sell order for 28 more shares than they held and had to buy back the extra!

[ukek] 15/1/2003 21:20

toffeeman I sometimes see trades on various shares in invery low numbers must be people with a hobby holding. Not that i am a pro just cant work out after all cost how they will ever break even

[toffeeman] 15/1/2003 14:46

23 shares bought today - must be the bidder making a move!!

[liverpoolunity] 13/1/2003 21:56

LIO have an interest in MGNS just check out todays UKREG. LIO are a very good asset management company and if they are interested in somebody keep your eyes and ears open

[hybrasil] 09/1/2003 18:23

This is an exciting share and yet has very few subscribers to this board.
The zingo is potentially a huge profit maker and the market for black cabs will turn in my opinion. It does seem to be a very oppurtunistic time to try to take the company private.

[l2e] 08/1/2003 07:34

bib bib....slower unfortunately

[l2e] 08/1/2003 07:33

bib bib....slower unfortunately

[l2e] 12/12/2002 01:59

whos the potential bidder then?....

[toffeeman] 12/12/2002 00:06

Ah! - So that's why!! -- Come on JB is it a man buy out or what!!