London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I took that % from Tally - Your figure for £18K must be right too.
More anyone holds in Tally, they will fee lesser fee that would be the case.
Although where would Tally find so many customers who can hold £18 a month for a whole year. Most people have £18K as a balance on credit card as borrowed money and fewer have £18K on debit card as their own money. Tally requires people to put their own cash.
So, I see more potential in a million people putting £100 in Tally a month.
I havent got it wrong, I just havent included everything else which just could happen.
(est) stood for Estimate. I dont think MasterCard will pay Tally anything - MasterCard is providing a service and not the other way around, the most we can get is discounted rate from any service provider including MasterCard.
Tally can much more money in many other ways which obviously cant be calculated yet because we dont have any deals to prove such a case.
Tally can take tons more than its own service (that's tally usage - which is what I shared - to be fair that's all we go with for now)
Insurance products would be ideal match for Tally customers and it will sell.
Other financial products and referrals will bring many more millions.
Many others I can tell you but until such thing exists, you cant even get an estimate.
*** As for Tally being non-profit company all of a sudden not-declared is a serious regulatory breach - lets leave it, discussion will get negative and less objective ***
Whatever everyone is trying to achieve = It all rests on our user base.
Once out of Beta Phase
give Tally a proper Red Carpet Service, song, dance, pomp and circumstance.
let's create a non profit company !
I think you have got this wrong. The fee's are to also cover storage and insurance costs. This is not where the profit will come from, it will come from the percentage we take from every transaction made by mastercard. This could potentially be massive
I feel pretty sure that the inventors of Tally haven't sat down and come up with a zero profit scenario after the sheer slog of developing this thing. There may be all kinds of twists and turns from avenues we cannot even see atm.
But then again what if the product was developed under knowledge and even tutelage of some other entity to be taken out by that entity in time? It's another possibility.
Them figures are actually incorrect as it is 0.1% per month and 0.05% if you hold over 500,000 Tally which equates to roughly £18,000.
I'm with bigbench.
Where is the Profit ?
A Million Tally Customers with Average £1000 Tally = £9million Earnings for TallyCard (est)
0.075% Fee / User
Lets forget user - Lets take overall money instead
£1000 Tally gives us £9 per year
£10000 Tally gives us £90 per year
£100000 Tally gives us £900 per year
£1000000 Tally gives us £9000 per year
£10000000 Tally gives us £90000 per year
£100000000 Tally gives us £900000 per year
£1000000000 Tally gives us £9000000 per year
If average customer buys £1000 Tally
We need a Million customers to stay for 12 months to raise £9million
Revenue = £9million
Profit ? = ~ £3million per year after whole year release
If you think convincing million people to keep £1000 all the time in Tally for a year is difficult.
Spread this App
to 100 million who can put average £100 a month in Tally Card
and it's doable
with right marketing
That's the difference between investing money and getting employment.
Youre selling yourself short.
If your idea was right then all investors should just join the companies they have invested in and start doing all their job.
Right person at the right job.
Our investment at Tally wasnt right, thus far - fair enough I will stop talking like an investor in the company.
But by the same standard - those who are meant to do their job should also do theirs properly.
Anyone who wants to improve should be willing to accept criticism
Just dont make mistakes -
I wait to see when a PEPSI employee TWEETS in favour of COCA COLA
Only ever had a passing interest in skateboarding so didn't know too many names.
Apart from Tony Hawks and Bam Magera, before he was on jackass!
Not giving my age away , but i was on my
skateboard the other day
g and s fibreflex deck
tracker trux , awesome in its time .
mrs stix just laughs .
stacy peralta was king at the time ??
Haven't done any boarding for years. Not with the dicky knee lol
At least it doesn't randomly give way on me anymore. Used to be all sorts of amusing that, especially when holding a pint...
That's good to hear...
FYI gold flying £1152 oz :-D
31 days in July
when i last looked ;-)
snowboarding , party on dude ! bit of a jerry on that .
skateboard and waterski for me .
Late this month would mean stix little bird continues to be fed that glorious trill, and not relegated to dust.
I don’t usually post here or any other forum but do read the posts on a daily basis.
I emailed corporate@tallymoney yesterday for update on the progress of IPO and relist.
Kris to his credit replied promptly and said that Shareholders will be updated on the pre IPO late this month or early next month.
Hopefully this will be the case.
I don't fall asleep watching TV. I don't watch TV, and don't sleep more than 4hr a night.
I do groan when I bend down due to an old knee injury from snowboarding.
Still have all my hair
Enjoy raves. Proper raves, not instagram ones.
Occasionally forget names, but often don't care too much to find them out in the first place, mate or pal will suffice.
Always comfort over style.
Don't own carriage clock. Only have one wall clock in all the house.
Not a member, but do enjoy museums
Don't watch TV, so no adverts.
Not sure this makes me old, but probably makes me a bit of an ********, which I'm happy with ;-)
Haha, fortunately none yet...
“The immediate next stage regarding Tally® is to further fine tune our processes with a larger customer base, before an official press launch as we focus on increasing users and spreading the message of Tally®."
Today was the official press launch we have been waiting for ? I shall reserve judgement until end of July, but good grief.
What money is even running this, even half decent AIM regularity place and dilute lth money to keep going.
moan , moan , moan
like i said before.
you are like an old women , please tick any of the below , or all !
do you fall asleep in front of the tv
groaning when you bend down
dont enjoy noisy pubs
forgeting peoples names
choosing clothing for comfort over style
owning a carriage clock
have joined the national trust
watching adverts about vacuum cleaners
Allegedly so FC.
Just trying to catch up here, quite a lot of posts. Am I correct in assuming (and this worries me if this is correct), that the Tally hard launch was today ?
You don't have to blow smoke up CPs are or be super smiley and sucking up to be behind tally. Everyone here is behind tally and have been using it for its benefits for months.
People need to realise you can be critical and support the product.