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2007-08-01 13:20 (v1.0.3)

I am well happy, thanks halifax :-))

dc have no problem with this company but pallet consumers will decide, common sense and price will prevail.

They have a superior life to the wooden ones and are far cheaper.

dc not cheaper to buy, are they cheaper to lease?

The figures DC say they are slightly more expensive to produce but will make 3+ as many trips before disposal .
I used to be in the international transport business and kind of understand how the pallet exchange works.

halifax i would presume they would be competitive as they last a lot longer.. This is nothing new plastic pallets have been used for ages.

But can you burn them? :-)

jim you tend to discount the cost factor.

Why's that halifax ?

jim what %age of pallets go "missing" work it out for yourself.

Thanks jimmy. John Walsh's words ''Dozens'' of companies are using them.

Figures - Wooden pallet costs to make $40, will service 30 trips

Plastic $55 costs to make , will survive more than 100 trips.

So the wooden pallets are over $120 for 100 trips to the plastic of $55

The pallets will be on long lease, with high reoccurring level of revenue.

If you lease pallets (as in GKN Chep) you sign for them and exchange them.

Halifax these will have tracking systems in them as I said to cynic. The wooden ones carried a high levy for non returns.

If this was a new company setting out,I would not touch it with a barge poll. As I have said the operation has been running 6/7 years.

I can't tell you if this is going to be a great buy ,i only know how the pallet system works.
DC as in GKN Chep blue pallets ,someone was usually responsible for missing pallets that had to be paid for.

Thanks jimmy b, good to have the questions. There will be a lot of interest in this one .Non of the original investors are selling and one of the holding comps is increasing its holding.

skinny - 30 Dec 2013 16:44 - 312 of 321

But can you burn them? :-)


Only in the dark, as they will smoke, a bit like burning a tyre. lol

Well nothing in life's a dead cert is it DC .

Is now halifax don't like them along with Blur, Wandisco. Them two have lost me a fortune. :-)). Being serious you can only go on what the top exec of the company puts out. I have good vibes for this one. I will also check the tea leaves tonight, :-))
I will buy on the day they start trading, as said they will be for the long term.

dc we wish you good luck as no doubt initially it will do well as their board and senior management is packed with bankers and accountants but who is going to deliver the operational success of this company? Have you seen their accounts for the past 6/7 years? Investco will be pleased to get this one away.