tag:blogger.com,1999:blog-32841798.post6817797172492583392..comments2024-03-28T09:55:42.123+00:00Comments on Capitalists@Work: Greensill - and Other Goings-On in the CityCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-32841798.post-60022050507924026882021-03-15T21:51:57.811+00:002021-03-15T21:51:57.811+00:00I wonder if there is margin from a combination of ...I wonder if there is margin from a combination of good locations and automatic unattended pay-at-pump services taking over previously independent filling stations.<br /><br />Round the corner from work there was a Murco filling station, open 8-6, with someone in all the hours it was open. <br />Not a lot of competition in the immediate area, but fuel was 3-5p/l over the going rate at the local(ish) supermarket.<br /><br />About a year ago, it was sold on, the pumps replaced with pay at pump machines, the kiosk permanently shuttered, and it's open 24/7 priced about 3p/l cheaper than the nearest supermarket (and only 1-2p/l dearer than the cheapest fuel in a 50 mile radius).<br /><br />I'd imagine their overheads are well down, whilst sales volumes are through the roof (it's on a busy stretch of the A6). I've certainly have gone from using it only when desperate, to filling up fairly regularly (to the loss of my local supermarket).<br /><br />I can see how with a bit of nous buying up a resetting these businesses could be a sustainable business model. estwdjhnhttps://www.blogger.com/profile/16734453617650658408noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-66026522413436376772021-03-15T21:10:15.897+00:002021-03-15T21:10:15.897+00:00More Albanian innovation.
https://twitter.com/Mon...More Albanian innovation.<br /><br />https://twitter.com/MonkeKio/status/1371416122973687809Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-91889514447869027222021-03-15T21:04:58.597+00:002021-03-15T21:04:58.597+00:00No insights, but I've also been wondering abou...No insights, but I've also been wondering about the Issas. Clearly much in the too good to be true category and as others have said, there must be some deep pocketed backers, using them as a front.DJKnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-58639202087639076582021-03-15T20:17:43.436+00:002021-03-15T20:17:43.436+00:00JC, the green car revolution can't happen, bec...JC, the green car revolution can't happen, because the government hasn't allocated even a tenth of the investment in infrastructure that is required to support it.<br /><br />I suspect the mugs here will be the pension funds, as usual, and therefore people currently paying into them. The severity of the mugging off will depend on the fund.<br /><br />For an example of spectacularly bad fund management, see here: https://www.theguardian.com/environment/2020/jul/29/national-employment-savings-trust-uks-biggest-pension-fund-divests-from-fossil-fuels - then take a look at the price action on any number of fossil fuel energy companies in the aftermath.Charlienoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-88726236055980220452021-03-15T19:23:59.911+00:002021-03-15T19:23:59.911+00:00There used to be a filling station near us where o...There used to be a filling station near us where only a mug would use a credit card. It was a nuisance having to carry enough cash to pay for a tank full of fuel.deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-76622849042929732272021-03-15T18:44:40.288+00:002021-03-15T18:44:40.288+00:00If the green car revolution does indeed start in 2...If the green car revolution does indeed start in 2030 and no new internal combustion engines can be purchased ...<br />Well the brothers better have a clear exit strategy.<br />The majority of cars sold prior to today are likely to be no longer on the roads.<br />It'll be hard to find a petrol station selling petrol /diesel. <br /><br />https://www.bp.com/en/global/corporate/news-and-insights/press-releases/bp-to-acquire-uks-largest-electric-vehicle-charging-company.html<br /><br />JCAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-52534454263109546462021-03-15T18:26:02.974+00:002021-03-15T18:26:02.974+00:00A chain of petrol forecourts that won't sell a...A chain of petrol forecourts that won't sell alcohol but are probably quietly backed by Middle Eastern money and provided with cheap Middle Eastern fuel. Should they even be considered to be the true owners, or perhaps just the "official" ones?<br />Wildgoosehttps://www.blogger.com/profile/14884595915411975940noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-20893010114934133392021-03-15T17:36:06.248+00:002021-03-15T17:36:06.248+00:00Diversity does seem to bring more efficient human ...Diversity does seem to bring more efficient human resource policies, look at the innovative management of sex workers in London pioneered by Albanian businesspeople. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-50093397877426398512021-03-15T17:06:14.888+00:002021-03-15T17:06:14.888+00:00Nice choice of words in your first sentence there,...Nice choice of words in your first sentence there, Anon<br /><br />I read somewhere, scurrilously, that they may have <i>innovative HSE mitigation strategies</i>, too.<br /><br />Surely not ..?Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-5539637868570259422021-03-15T16:40:11.271+00:002021-03-15T16:40:11.271+00:00Maybe the brothers have innovative tax mitigation ...Maybe the brothers have innovative tax mitigation or employee benefit mitigation strategies? It does seem remarkable that a local chain of forecourts seems to be equal to a supermarket giant (with currently the most competitive fuel outside of a few small specialists). Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-63002852326258878862021-03-15T16:19:09.941+00:002021-03-15T16:19:09.941+00:00So who've been the suckers here?
Step forwar...So who've been the suckers here? <br /><br />Step forward the Pension Fund Managers djmnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-41669499440372603022021-03-15T16:18:35.074+00:002021-03-15T16:18:35.074+00:00The brake on excessive printing of money is excess...The brake on excessive printing of money is excessive inflation. See Zimbabwe for example.<br /><br />We do not yet have excessive inflation. When it does rise, then is the time to put the brakes on.<br /><br />Don CoxDon Coxhttps://www.blogger.com/profile/06339420519741253080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-64944564789082327442021-03-15T13:59:41.005+00:002021-03-15T13:59:41.005+00:00What if the "gullible bankers" are sitti...What if the "gullible bankers" are sitting in the Bank of England and have been shelling out cash to an Executive which has been misleading them. <br /><br />There has been a forest of magic money trees planted since 12th December 2019. It's almost as if there is no brake on their excesses. <br /><br />PM's don't have to be retired and out of office to make a hash of things.Anonymousnoreply@blogger.com