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Procurer undervalued
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Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#1 - 2013-05-23 17:16:42 UTC | Edited by: Harry Forever

not sure what you are doing but I'm stocking up on procurer big time, those ships are the only one who still trade far below their new production cost, 8 million vs. 20 million... sure there is a big oversupply 28000 sell orders vs. 2000 buy orders due to eve central, but looking at future subscribers those could be eaten up fast, as it is the cheapest mining barge to begin with, and has 200% bonus on mining altough only one miner per ship, this still gives it a competitive mining output

all in all selling those ships under 15 million seems completely out of hand, but good with me to stock up some more :D just wanted to let you know, you need not to give them away for free :D think about it

the trick is we could start selling those at production cost right away, as there won't be new ones coming at lower price anway, so its a win win, we just need to purchase those cheap ones from the market as fast as possible and start selling them at real prices, decide for youself, I'm doing it already anyway when I'm alone it just will take longer :)

Harry Forever vs. Goonswarm

Caldari Provisions Caldari State 9
Mission Domino Caldari Provisions Caldari State Likes received: 9	#2 - 2013-05-23 18:41:29 UTC 1 okay

2,191
Rengerel en Distel Likes received: 2,191	#3 - 2013-05-23 18:46:41 UTC 7 So what you're saying is, that you're still sitting on a lot of procurers from before the change, and you'd really like it if someone would buy you out. With the increase in shiptoasting, the Report timer needs to be shortened.

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#4 - 2013-05-23 20:06:01 UTC | Edited by: Harry Forever

Rengerel en Distel wrote:

So what you're saying is, that you're still sitting on a lot of procurers from before the change, and you'd really like it if someone would buy you out.

most of the time people who are not honest think that nobody else is honest either, thats where this kind of thinking is coming from... I'm convinced you believe in your idea here, so, conclusion you should not buy any, stick to that please

Harry Forever vs. Goonswarm

TarNec Invisible Exchequer 955
Rhivre TarNec Invisible Exchequer Likes received: 955	#5 - 2013-05-23 20:18:03 UTC 2 Yes...those procurers without any tank are dying in their millions...oh..wait Also, so, you are planning on buying the 5k+ stocks that some people have? You should stock up the isk too, because you may be about to get a chance to buy BS under build cost come June 4th Fluffy Bunny Pic!

Fuzzwork Enterprises Vote Steve Ronuken for CSM 6,759
Steve Ronuken Fuzzwork Enterprises Vote Steve Ronuken for CSM Likes received: 6,759	#6 - 2013-05-23 20:23:25 UTC 3 A bunch of people have huge stocks of Procurers. It'd be nice if the price rose, but I don't see it any time soon. Oh well, it was only a 300 mill investment for me (I spent more with retrievers, which was a better investment) Woo! CSM XI! Fuzzwork Enterprises Twitter: @fuzzysteve on Twitter

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#7 - 2013-05-23 20:53:26 UTC

Rhivre wrote:

Yes...those procurers without any tank are dying in their millions...oh..wait

Also, so, you are planning on buying the 5k+ stocks that some people have?

You should stock up the isk too, because you may be about to get a chance to buy BS under build cost come June 4th

please stop commenting my threads and start your own ones, I'm sure you have lots of good ideas yourself... thanks

Harry Forever vs. Goonswarm

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#8 - 2013-05-23 20:58:00 UTC

Steve Ronuken wrote:

A bunch of people have huge stocks of Procurers. It'd be nice if the price rose, but I don't see it any time soon.

Oh well, it was only a 300 mill investment for me (I spent more with retrievers, which was a better investment)

I'm sure those procurers will go up, the chart and all looks like it, it just takes much longer as there are so many out there, I for sure will buy some more, however not go all in on it, but I stock up, on some places over the market they are traded already for up to 15 million in small quantaties... for me it just makes no sense to sell those under their production cost, for the long run they will be up there

Harry Forever vs. Goonswarm

Doomheim 62
Sabre Rolf Doomheim Likes received: 62	#9 - 2013-05-23 21:45:02 UTC 1 oh good, now that you´ve mentioned it I can flood the market with my 32.000 procurers till the price is down in the ground again, so you can buy even more! Harry Forever wrote: those ships are the only one who still trade far below their new production cost, wrong, there lots of ships like that.. just check the Tier 1 BC's

1,639
Adunh Slavy Likes received: 1,639	#10 - 2013-05-23 21:51:24 UTC Harry Forever wrote: please stop commenting my threads and start your own ones, I'm sure you have lots of good ideas yourself... thanks http://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034 Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. - William Pitt

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#11 - 2013-05-23 21:56:34 UTC | Edited by: Harry Forever

Adunh Slavy wrote:

Harry Forever wrote:

please stop commenting my threads and start your own ones, I'm sure you have lots of good ideas yourself... thanks

http://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034

"how to say it" by Rosalie Maggio would fit you better, mr silence... however read the other one as well and let me know if it did help you

Harry Forever vs. Goonswarm

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#12 - 2013-05-23 22:05:10 UTC

Sabre Rolf wrote:

oh good, now that you´ve mentioned it I can flood the market with my 32.000 procurers till the price is down in the ground again, so you can buy even more!

Harry Forever wrote:

those ships are the only one who still trade far below their new production cost,

wrong, there lots of ships like that.. just check the Tier 1 BC's

yes please contract those 32.000 procurers to me, i put them on the market for you... please also let me know those other T1 you are talking about, I did not find them, thanks...

Harry Forever vs. Goonswarm


Rhivre TarNec Invisible Exchequer Likes received: 955	#13 - 2013-05-23 22:09:10 UTC 1 you will put his 32k procurers on the market with a daily volume of approx 240, for both buy and sell. My abacus says....133 days volume, if you manage to cover both buy and sell 100% Fluffy Bunny Pic!

Tinu Moorhsum

Random Events

Likes received: 395

#14 - 2013-05-23 22:47:25 UTC

Harry Forever wrote:

[quote=Steve Ronuken]

I'm sure those procurers will go up, the chart and all looks like it, it just takes much longer as there are so many out there, I for sure will buy some more, however not go all in on it, but I stock up, on some places over the market they are traded already for up to 15 million in small quantaties... for me it just makes no sense to sell those under their production cost, for the long run they will be up there

I suspect you're right. I suspect that there are very few new ones being made right now.

You can see that prices are slowly inching up so you can conclude that this process of liquidating stocks is indeed taking place and that eventually the sell price will reach about what the build price is....

But look at the tempo. In the last 6 months the prices have inched up about 9% relative to their build price,and they have about 70% of the price diffference to make up for. So that's going to take about another ... let's say 7*6 months or another 3 years or so before you get in the range you're thinking you want before you sell, assuming the trend continues as it has for the last 6 months.

all rough numbers of course.

That's a long wait but if you can afford to sit on it then you'll be rewarded with more than doubling your isk at the end of the road.

Your investment is surely sound but you have the patience of an angel. I don't know about you, but I think you could probably double your isk faster with other investments.... Just saying.


Adunh Slavy Likes received: 1,639	#15 - 2013-05-23 22:54:42 UTC 2 Tinu Moorhsum wrote: I don't know about you, but I think you could probably double your isk faster with other investments.... Just saying. There are some people in Jita that are willing to help in that regard, I'm sure. Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. - William Pitt

Samroski

Middle-Earth

Likes received: 463

#16 - 2013-05-24 04:24:28 UTC

Tinu Moorhsum wrote:

But look at the tempo. In the last 6 months the prices have inched up about 9% relative to their build price,and they have about 70% of the price diffference to make up for. So that's going to take about another ... let's say 7*6 months or another 3 years or so before you get in the range you're thinking you want before you sell, assuming the trend continues as it has for the last 6 months.

Think there ought to be a campaign to destroy all procurers as they leave Jita (and elsewhere). This will ensure that the price reaches the desired level after 2 years instead of 3.

Any colour you like.

Sabre Rolf

Doomheim

Likes received: 62

#17 - 2013-05-24 07:22:18 UTC

Harry Forever wrote:

please also let me know those other T1 you are talking about, I did not find them, thanks...

ok, im not telling you now what a "Tier 1 BC" is, so just go ahead and check out following ships: Ferox, Cyclone, Prophecy and Brutix.

the good thing on those, the oversupply only covers the next ~2 years, not like 10 years as for the procurers your so in love with. Lol

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#18 - 2013-05-24 07:57:04 UTC | Edited by: Harry Forever

Sabre Rolf wrote:

Harry Forever wrote:

please also let me know those other T1 you are talking about, I did not find them, thanks...

yea what i did mean is i did not see undervalued T1 vs production cost, but I will check those 4 you mentioned again, thanks

Harry Forever vs. Goonswarm

Harry Forever

Pandemic Horde Inc.

Pandemic Horde

Likes received: 1,334

#19 - 2013-05-24 08:04:35 UTC

Sabre Rolf wrote:

Harry Forever wrote:

please also let me know those other T1 you are talking about, I did not find them, thanks...

checked all 4 of those, but I do not see them selling below production cost, actually the lowest sell order is higher as the production cost of those, using eve central and jitonomic, the procurer however is selling over 50% below production cost

Harry Forever vs. Goonswarm

Sabre Rolf

Doomheim

Likes received: 62

#20 - 2013-05-24 08:33:46 UTC