Market Discussions

Glad to see the other half filled, now go out and make some money.

Dat graph! Where do I get one!?

Summary

Good evening, investors and readers of MD. I hope you are enjoying your fancy new outfits and ORE Prospects. I have prepared my first weekly update for the Goat2 business fund. Things are going more or less as expected, with a few minor delays. Profits and sales are excellent, nonetheless, and I am excited to see where I will stand at the end of this month.


Interest Payment to Trader Frank

15,000,000 ISK interest has been paid to Trader Frank at 2014.06.05 01:48 UTC as part of a modified repayment schedule. (Details below.)


Modified Repayment Schedule

During in-game negotiations, Trader Frank and I came to a modified agreement regarding the repayment schedule for this loan. We have agreed that I will pay back 25% of the interest each week and 33% of the principal on weeks 2, 3, and 4.

This was to lessen the risk assumed by Frank, seeing as how I am new to handling public funds. It also ensures that I am using the money correctly and collecting a rapid profit with the investment. While this does mean slightly less principal to utilize towards the end of the loan term, I want to be flexible with investors. I appreciate the risk you are taking on a EVE forum newbie like me, and I thank you for your support. I look forward to the challenge of proving myself a capable business mogul.


Performance Statistics - Week One

With EVE manufacturing being a game of ratios, growth has been accelerating more and more quickly as I increase the scale of my business. I never dreamed of tossing around so much ISK or obtaining a net worth of over 10 billion. When you reach the greatest heights in your lifetime, it is time to fly even higher.

I have discovered a number of wonderful tools, including jEveAssets and EVE Mentat, which have enabled me to start tracking my wealth over time. I plan to start a long-term record of financial gains in lieu of an in-game achievement system. I only have a few days of net asset value data so far and balance tracking going back a few weeks.

Wallet Balance Graph
Income vs Outgo Graph
NAV Tracker Graph

Time Since Goat2 Fund Began: 6 Days
Gross Sales Revenue Since May 30: ~2,800,000,000 ISK (2.8 billion)

NAV at start of loan, including investor funds: 11,740,000,000 ISK (11.74 billion)
NAV today, including investor funds: 12,130,000,000 ISK (12.13 billion)

NAV net increase: 390,000,000 ISK (390 million)
Average daily increase in NAV: 70,000,000 ISK (70 million)

Projected NAV net increase by end of loan, after repayment and interest: 1,980,000,000 ISK (1.98 billion)


Challenges Encountered

Who Keeps Using All The Copier Paper!?

One major challenge I have faced is getting my stocks of T1 and T2 BPCs replenished. It has been a while since I had access to a POS, and I used up almost every last profitable BPC since then. I have kept the copy slots filled as much as possible with plenty more to make, but I am catching up. Invention takes a lot of time, as well, especially when working with larger-class modules. This is a big reason I cannot wait for Crius and its promise of faster copy times.

Downtime Insurance

Speaking of updates, Kronos caused a minor disruption to operations yesterday. To protect myself against the possibility of an “extra-extended” downtime, I swapped a short-term skill for a 22 day skill. The one I had been training is the last thing holding me up from producing a highly-profitable, new item, Product X. Nevertheless, I am now only 14 hours from finishing that up and beginning production.

From PotatoNet to Nyan Cat HD

The update also kept me out of game most of the day yesterday. With my university’s 1 Mbps internet (yes, you read correctly), it felt like the patch took hours to complete. Not only has my internet been slow, it has also been disconnecting at random, often dozens of times per day. This problem has been definitively resolved by getting my own cable internet service. I am now able to play EVE uninterrupted at a blazing 107 Mbps down / 5 Mbps up. And it is good.

Just A Few More Billion And I’d Be Good..

Despite working with the largest sums of my EVE career, I am still selling out of goods much faster than I can afford to replace stock. The items I am working with are just so expensive (300 - 750 million now), making a meager batch quickly depletes material stocks until the next cycle of sales. Of course, with every sale, I have a greater amount of total capital, but I estimate it will be some time before this issue ever goes away. There is always a more expensive fish to sell.


The Future, And Beyond!

The copiers will keep scanning away until my new line-up has enough supplies to invent at least a month’s worth of T2 BPCs. There are currently 769 BPCs in their designated container, but that number needs to be a lot higher before I am satisfied.

I plan on upgrading to a medium Caldari POS. This will give me more CPU to work with and more optimal configuration settings. And let’s not forget a few guns, just in case.

Some of my most important plans are out-of-game. EVE economics are ruled by those with the best information. I have some nice automatic data generated through the EVE Central API and a barbaric outbid notifier. Next up will be better automation of ME / TE calculations, material and product stock management and alerts, dynamic decryptor algorithms, and ideally, a sexy British voice to command me to do things.

Pretty soon, my spreadsheets will be playing the game for me, freeing up my time to troll help chat and shoot fireworks at a hub near you.


Thank you, investors, for supporting my most serious internet spaceship enterprise to date.

Week 2 payment to Trader Frank sent at 2014.06.12 23:49 UTC:
181,666,666.67 ISK (166.6 million principal + 15 million interest)

Loan status: 17.56% total principal and interest repaid.

I am swamped with assignments and irl work at the moment, but hopefully I can write up a performance report this weekend.

I have good news and bad news. The goods news is that I am super rich now. The bad news is that I may have corrupted my industrial soul. I sort of impulse-bought 6 PLEX with a 25%-off coupon on the Green Man Gaming site. I justified it in my head as potentially being a "lifetime subscription" purchase.

By injecting ~4.3B ISK into my space business, the odds of me reaching profit levels high enough to easily PLEX before my sub runs out have increased substantially. I feel somewhat guilty about this, since everything I have earned so far has been without using any PLEX's.

It also royally fracks my accounting for this month. I can subtract the amount from my NAV to compensate, but I will never truly know what I would have earned with more restrictive conditions. I suppose this is acceptable, because having more ISK to play with will lead to a greater need for developing my out-of-game tools. It also opens up nerdier and more fun opportunities for business expansion.

Here is a snapshot of my performance before the "Great Bastardization of June 15." I have adjusted the figure to account for the 166.7M that has been repaid, but I did not take out interest payments.

Days Since Loan Began: 16.9
Profits: 1,735,154,667 ISK
Average Daily Profits: 102,574,930 ISK

This puts my projected monthly profits around 3.1B, which is pretty awesome, all things considered. I have been rather lazy this last week with my summer classes starting, so these numbers surprised me.

I am on track to be well-capitalized for the Crius release, and I should have a nice stockpile of materials and BPCs to hit the ground running in July.

Here are the fancy charts:
Eve Mentat Wallet & Balance Graphs, plus jEVEAssets NAV Tracker
jEVEAssets NAV Tracker [Post-Bastardization]

Confirmed. And only 10 cups of coffee? lol

Haha, I'm usually at like 4 or 5 every morning! :P

I can confirm that this loan has been paid in full. It was a pleasure doing business, get ahold of me if you need anymore assistance.

Confirmed. It has been a plleasure ;)