years and are still continuing
to make. During that period and on our way to becoming the number one
circuit in London, we have made something like £3 million worth of
surpluses due to everybody's efforts. But you cannot just sit still and
say "we've made it." We must keep up the momentum and I'd like
to see DaC moving further forward. I have my own personal visions of the
future and I believe that things could be streamlined even more as regards
both the structure and management of the company. |
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prospects within this industry for purchasers.
And whose fault is that? Look no further than Dial-a-Cab because we have
now set the pace and shown how financially successful a radio taxi company
can be. Dial-a-Cab were the first UK based radio taxi company to break the
£1 million figure on it's bottom line - in fact no other London taxi
company has yet broken through that figure while we at DaC will do it once
again this year. Call Sign: Many are assuming that the Com Cab take-over via Singapore will force DaC into a merger with Radio Taxis. How do you view the possibility? Brian Rice: As a Board, we should explore every avenue and it is quite possible that we would look at that situation with Radio Taxis. It would certainly produce a force to be reckoned with - something like 5000 mobiles. It would also most certainly be the market leader and by far, the largest radio circuit in Europe. I am not recommending it nor dismissing it, but it comes under the general heading of always being ready to explore any new avenues that could be of benefit to DaC and its' members. Call Sign: Surely it wouldn't be as simple as just announcing that we and Radio Taxis were merging? Brian Rice: I would imagine that any such move would involve both organisations de-mutualising and then amalgamating. However, decisions such as those would always be down to the members to decide and not the BoM's. Call Sign: Will the BoM be putting forward another plc proposition next AGM as some drivers are claiming? Brian Rice: Definitely not. We said we wouldn't in the foreseeable future and we |
haven't changed our minds. In addition, the
process last time involved a great deal of time, effort and finance. So
the answer is a definitive no. Call Sign: What if a driver puts forward a proposition, have your views on the matter changed? Brian Rice: No, my views have never changed. I'd like to make it clear that what I gave the members was an option - it was their choice. It was the option to decide whether the DaC membership wanted to convert to a plc and I am very proud of the fact that in it's 46 year history, I am the only Chairman to have given the membership that option of deciding whether they wanted to take their equity out of Dial-a-Cab - ie the money they have built up over the years - and truly own the company. So the answer to the question is yes, I still believe that that was the right way for the long-term interest of both Dial-a-Cab and it's membership. Call Sign: An article by one of our drivers in another taxi trade newspaper has suggested that you have been to Australia to meet with representatives of Singapore Bus Services (SBS) with a view to DaC using Com Cab's Cabcharge. Is there any truth to this? Brian Rice: The answer to that is no. Neither myself nor any member of my Board have been to Australia to look at the Cabcharge situation. Call Sign: We have had a tremendously profitable period under your Chairmanship, are you happy with our progress and how would you like to see our future progress? Brian Rice: I am absolutely delighted with the progress we have made over the past three |
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