Science & Industry

Stockpiles.

Any industrialist who was paying attention knew about the mineral increase months before Odyssey. Many built huge stockpiles of ships before the mineral requirements increased and are selling them off above what it cost to build them but below what it would cost to build now.

No one (other than people who don't do the maths) would bother to build them now, same as with the cruisers after Retribution, the battlecruisers back in Feb, the mining barges last year

I had this same question, except in my case the issue was the Dominix. I made a classic newbie industrialist mistake: I trusted an out of game resource to have accurate BPO material costs. THIS WAS A GRAVE ERROR. I ran numbers on building Dominixes and was very pleased to learn that according to the Eve Industrialist website I'd be making several million ISK/hour churning out the popular ship. So I log on, and buy myself a BPO, get it to my POS system, and queue up a month of ME research.

I find out after it is done that the "base" mineral costs had added a gigantic amount of Tritanium, as well as other materials, converting the Dominix from a profitable ship into a huge ISK loser. I ended up selling the BPO back to the market, with ME5/PE5, for 100M less than I paid for it. The Dominix market is saturated, and as the poster above said, people "in the know" build them by the thousands and stockpiled them. What I don't understand is why they continue to sell them so far underneath the prices they could be demanding: it's going at a 15% premium underneath the material cost right now. Surely the stockpilers realize they can make more, and prices have not been trending upward...in fact they are selling for less than ever:

http://www.eve-markets.net/detail?typeid=645&limit=30#undefined

I am convinced that EVE's "industrialists" sometimes are terifying bad at reacting to market realities. It blows my mind that there are 4,500 Domis on th emarket, almost uniformly selling for 10-15% less than they could easily demand. I guess they overdid the stockpiles, but those trends go back all the way to before Odyssey. It suggests that people just believe a Domi is worth X amount of ISK, and will always sell it for that, until forced by loss to raise the prices.

Because if they had, I could have built 100 domis before the expansion, reprocessed them afterwards and created massive amount of minerals out of thin space. Extra materials aren't returned when reprocessed, so the ships built before the patch reprocess for exactly the same as was used to build them.

As for the prices, as the stockpiles reduce they'll go up. This was expected, it's happened with every single rebalanced ship since the retriever a year ago. Some people are happy to sell them for a profit now, others will wait until the prices have reached a stable point even if it takes many months. At the moment what we're seeing is supply massively exceeding demand, which will reduce the prices.

Bear in mind opportunity cost. Say I have 200 domis sitting in my hanger, all built before the patch. I can sell them now for less profit and use that ISK to invest in other things, or I can wait months with that ISK tied up in ships that aren't going anywhere for a little more profit, but with the downside that the ISK has been unavailable for other investments for all those months.

The reprocessing makes sense as why they did it, so I get that now...thank you for the explanation! But it still blows my mind that people are trying to sell them for a huge discount from the current production cost. Why would anyone try to sell a Dominix now at all? If you built them before the patch, then holding them makes the most sense because why would you ever sell for less than the current cost in materials? As for building/selling them after the patch? Don't even bother. That market is destroyed. I suppose it is possible that once stockpiles are depleted prices will rise, but the market has also developed an expectation of 150M ISK Domis. The "free minerals because I mined it" crowd will keep selling them at an effective loss. And I can't imagine anyone will ever pay the 180M to make a Domi profitable now that they are nerfing the ship to boot.

Luckily I found other, more lucrative options. :) But man, what a kick in the fork the Dominix has received on all fronts!

I am often confused at some of the selling strategies on over produced items as well. I don't sell in Jita and so on occasion the price on Procurers and Cyclones will rise a respectable amount, this is always followed by someone dumping hundreds of units at the old (crap) price.

Those ships that do not have 'extra materials' requirements added to their BPO have not been 'rebalanced' yet. Personally I do not feel the 'rebalancing' that has taken place or been announced to date is in any way necessary or that the new ship stats or roles are improved. For instance the way mining vessels were before they were 'rebalanced' was much more preferable to the current situation for many reasons. All of the work hours used could have used instead to fix broken things like Corporation/Alliance Roles & Permissions for example. But I'm just bashing my head against the wall saying it. It's like talking to idiots.

Here's hoping the 'rebalancing' campaign doesn't extend past the T2 ships and touch the capital sized ships.