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Plese explane Ravens to me

Author
Jas Dor
Republic University
Minmatar Republic
#1 - 2012-01-09 03:39:28 UTC
I don't get it, these things always seem to be selling at a loss and have done so for years. The price seems lodged just at the level that it isn't worth it to buy out the market and melt them down for minerals. Whats up with this item?
Bath Sheeba
Another Success Story
#2 - 2012-01-09 04:08:07 UTC
I think it is the MIMAF* crowd that builds these.....
Just don't worry about it and build other items......



*MIMAF == Minerals I Mine Are Free! Yaay!
Aggressive Nutmeg
#3 - 2012-01-09 04:22:05 UTC
Jas Dor wrote:
I don't get it, these things always seem to be selling at a loss and have done so for years. The price seems lodged just at the level that it isn't worth it to buy out the market and melt them down for minerals. Whats up with this item?

Oh dear, you're not factoring in the cost of your minerals are you? P

Never make eye contact with someone while eating a banana.

Dersk
Perkone
Caldari State
#4 - 2012-01-09 04:30:01 UTC
Battleships are a beacon for those that don't know what they're doing. Just like pilots that like to blow up ships want to get into a battleship as quickly as possible, the builders and workers of Eve fantasize about building battleships.

Most people don't care that they can earn 2 billion in profit a month from manufacturing t2 extenders. They want to build battleships! Yeah!

I find that prospect fine. I don't care for spending the money or the research time on a battleship BPO. The worker bees of Eve gladly swarm over the blueprints with the "Industry I" prerequisite. Just take the honey and be happy.
Shoogie
Serious Pixels
#5 - 2012-01-09 05:13:42 UTC
What Dersk said about battleships.

But Ravens are a special case as well. For a number of years, Ravens were the top popular PVE battleships for running missions. So when these mission runners wanted to dabble in industry, which battleship BPO did they buy? Usually the Raven.

These mission runners get meta 0, 1, and 2 modules that they do not want to sell individually, so they turn them into minerals. Then they don't want to watch sell orders for seven different minerals, so they use the Raven BPO they already have to make a single ship.

So there are many more Ravens being built than there is demand on the market, pushing the price down. Because this has been going on so long, there are also a number of people who watch for the price of Ravens to get too low, buy them, reprocess them, and sell the minerals at profit. Someone probably did this shortly before you checked the market, which is why the ones left on the market are just barely not profitable to reprocess.

TL;DR: Raven prices are usually depressed by the "minerals I mission for are free" crowd, rather than miners.
pussnheels
Viziam
#6 - 2012-01-09 09:11:12 UTC
like the other posters are saying , overproduction and a niche market ( pve ) try to make other items , in my experience , cruisers always seem to sell well with a profit

I do not agree with what you are saying , but i will defend to the death your right to say it...... Voltaire

Skippermonkey
Deep Core Mining Inc.
Caldari State
#7 - 2012-01-09 18:21:24 UTC  |  Edited by: Skippermonkey
i have a researched Raven BPO if you want to buy one

also this http://www.tentonhammer.com/eve/guides/business/building-ravens

COME AT ME BRO

I'LL JUST BE DOCKED IN THIS STATION

Kagan Storm
Doomheim
#8 - 2012-01-09 18:37:05 UTC
Jas Dor wrote:
I don't get it, these things always seem to be selling at a loss and have done so for years. The price seems lodged just at the level that it isn't worth it to buy out the market and melt them down for minerals. Whats up with this item?



Shame you dont fly caldari... right Bear

My ego is the the size of my carriers jump range.

Zifrian
The Frog Pond
Ribbit.
#9 - 2012-01-09 22:21:51 UTC
It's a super popular ship is all. The Drake is even worse. If you got into industry, what would you choose? Stuff that everyone uses or something else?

Makes sense. I've made some money off them from time to time when I see the market is right. But I just buy a copy (assuming I can still make a profit).

Maximze your Industry Potential! - Download EVE Isk per Hour!

Import CCP's SDE - EVE SDE Database Builder

Tau Cabalander
Retirement Retreat
Working Stiffs
#10 - 2012-01-10 00:23:42 UTC
Shoogie wrote:
TL;DR: Raven prices are usually depressed by the "minerals I mission for are free" crowd, rather than miners.

They just want some ISK, and don't really care if they aren't getting market value. They right-click immediate sell minerals to whatever buy order is up.

It is sometimes a case of people not being able to haul the minerals (over 100k m3), but they can AFK a Raven to Jita... where they right-click immediate sell to whatever buy order is up.

Most T1 ships have a very narrow margin, and popular ones like the Raven often dip below profitability.
Alyssa SaintCroix
Leihkasse Stammheim
#11 - 2012-01-10 02:10:08 UTC
Part of me can imagine that there are people out there that are buying minerals below market cost and using them to construct stuff. The problem is, some, perhaps many, are not aware or they don't care how much those minerals are going for in say, Jita compared to Hek versus the cost of a Raven. They only see the "I paid 2isk per trit and my so and so ship needs 50 million so I saved blah blah blah".

At the end of the day though, Ravens and ships alike have to come from somewhere right? I wish my larger ships appeared in a bang whizzle and a puff of smoke but they only seem to disappear that way. Someone, somewhere, is making them be it at a profit or below cost.

Worst case, you capitalize on their "error", smash it to minerals and profit.
Kisuke Riva
Imperial Academy
Amarr Empire
#12 - 2012-01-10 17:48:14 UTC  |  Edited by: Kisuke Riva
Yep, I've spoken to manufacturers in former corps who were selling said Ravens in Jita for said below mineral market price and their illusion was, that they've been buying the minerals below market price. So for example if the builder is getting the minerals in a mining system (like i.e. Adahum) for 10% below what they are being sold for in Jita, they believe to make a profit by playing market order monkey in the mining system, then hauling the 100.000s of m3 to their production site, then afk-ing the raven to Jita and right-click sell it there.

The fact that they have to spend hours of their time traveling, updating market orders, hauling minerals, building ravens, flying them to Jita are not taken into account as they play for fun. If that's their fun, fair enough. Same reason why people are sitting in a belt making 5m/hour while proudly saying they are reading a book or studying anyway.

Another reason for those prices are miners who are selling their minerals for guaranteed 10% below Jita prices to their corp. Those miners don't care that they are selling below market, since they are tricked into believing that they do it "for the corp". The manufacturing guy often compresses the minerals into battleship form, as its a nice way to get it sold quickly.

So all in all what you see is laziness/stupid players in action. That's (one of many ways) what people live of, when they say they do market trades.
Rinia Altir
256 FREELANCERS
#13 - 2012-01-11 00:30:18 UTC
I somewhat recently purchased all of the ravens in a region and marked them each up by about 10-15 mil. All sold. Some I sold right where I purchased them, some I moved on over to a hot system and marked up more. Easy to haul a pack of ravens in a Fenrir.
Raven Ether
Doomheim
#14 - 2012-01-11 11:49:52 UTC  |  Edited by: Raven Ether
Cash in on ******* ! Profit at the expense of noobs! YAY CAPITALISM.