ParkingEye v Beavis at the Supreme Court: What’s Happening This Week

esmerobbo

Landlords to PE we are worried about commuters parking all day in our car park how can you help?

PE: We will put cameras up and pay you £1000 a week!

Landlords: Will that stop over-stayers?

PE: No but we pay you £1000 a week!

Landlords: Will it protect disabled bays from abuse?

PE: No but we pay you £1000 a week!

Landlords: Will it stop people who park over more than one bay?

PE: No but we pay you £1000 a week!

Landlords: Will it stop people parking on the roads and walkways?

PE: No but we pay you £1000 a week!

Landlords: Will it stop boy racers having meetings on our car park?

PE: No but we pay you £1000 a week!

Landlords: Will it stop HGV's parking on our car park?

PE: No but we pay you £1000 a week!

Landlords: Will our genuine customers be immune to these charges?

PE: No but we pay you £1000 a week!

Landlords: Will this pi55 off the tenants?

PE: Probably but we pay you £1000 a week!

Landlords: Seems a good plan!

PE: OK we will pay you £1000 a week!

Sign here please.

bluetoffee1878

Two retail parks in Liverpool one near Aintree Racecourse and one near John Lennon Airport were both infested by PPC's. I believe it was UKCPS. They no longer 'manage' either of these sites, and have not been replaced by anybody else.

So no restrictions or charges of any kind, and would you believe it there are always spaces available to park. So "carmageddon"? I think not.

Marktheshark

This share price will be a good indication which way its gone long before its publicly announced.
http://www.livecharts.co.uk/share_prices/share_price/symbol-CPI

The_Deep

if its clear its a limit and we go over, no one else's fault but ours.

But often that time limit is against the best interests of the shoppers and the shopkeepers. It is a case of the tail wagging the dog.

Marktheshark

Plenty of dumb ******* go back and do the same thing again.
You will never help the stupid avoid con artistes.

Hot_Bring

Marktheshark wrote: »

This share price will be a good indication which way its gone long before its publicly announced.
http://www.livecharts.co.uk/share_prices/share_price/symbol-CPI

I can assure you that PE's 'profits' contribute an absolutely insignificant amount to the Capita empires overall profits and so the share price won't be affected at all which ever way this case goes.

Marktheshark

Hot_Bring wrote: »

I can assure you that PE's 'profits' contribute an absolutely insignificant amount to the Capita empires overall profits and so the share price won't be affected at all which ever way this case goes.

I can assure you they will.
50 Million profit which will treble IMO if this goes their way as they will expand as fast as they can buy sites.
A backlog of six years court claims to be cashed up.

I think we could see over a hundred million clear profit on Capitas books and by any measure that is going to launch the share price.

When we look at who is involved, it is hard not to pull the tin foil hat on about everything, including this court case and his "free lawyers".

With parking charges set in law with no cap.
They are going to make some serious money and the small firms are going to get bought out of sites.

I can not help feel that all this is a bit too contrived not to be planned.

Capita buy PE.
Capita fight a court case to get them set at the highest court.
Capita ring up the register.
POPLA gone in October

We can only estimate the costs of a parking charge but I doubt in real terms it is much over pennies on the DVLA fee.

The actual clear profit is if we go for £5 cost to £85
1600% profit.
There is no businesses anywhere that can return a 1600% investment profit.

Not forgetting once set in Law, local councils can bring in PE on off street placements and utilise civil law and ANPR.

I know where I would be placing my share capital.

bargepole

Marktheshark wrote: »

I
POPLA gone in October

POPLA will still be there, it will just have a different body operating it.


There will be some tweaks to the website, but it will be essentially the same service.

bazster

Marktheshark wrote: »

I can assure you they will.
50 Million profit which will treble IMO if this goes their way as they will expand as fast as they can buy sites.

ParkingEye does not make £50M profit, more like £8M. It doesn't even turnover £50M, nowhere near in fact.

Capita's last reported turnover was £4,378,100,000.

There is not a cat in hell's chance of anything that happens to PE moving Capita's share price by more than about 0.0001%.

The_Deep

bargepole wrote: »

POPLA will still be there, it will just have a different body operating it.


There will be some tweaks to the website, but it will be essentially the same service.

Perhjaps, but read this

https://forums.moneysavingexpert.com/discussion/5226710=

posts 1 and 5 do not inspire optimism.