These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
12Next page
 

(#70 - 2011.12) BMBE Shareholder Report - BMBE the Premier Bank of EVE
Author
Previous Topic Next Topic
TornSoul
BIG
#1 - 2012-01-16 21:12:20 UTC
[img]http://BMBE.BIG-EVE.com/images/BMBE-Banner.png[/img]
[orange]BMBE.BIG-EVE.com[/orange]



  • Points of interest
  • The numbers


This is the 70th BMBE shareholder report
(Shareholder reports are released the first full weekend after the 7th in a month)


Points of interest

Had a nice EVE-mail

Quote:

Bank dividends
From: [redacted]
Sent: 2011.12.31 07:44
To: TornSoul,

Hi,

I've returned to the game after not playing for some 5+ years. Just before I quit I purchased 200m of shares in the BIG bank venture. I was pleasantly surprised upon my return to see that the dividends have been trickling in every month since I've been gone.

So, I just wanted to send this out to say thanks for your integrity and commitment all these years, and I'm glad to see that the venture worked out for you guys.
TornSoul
BIG
#2 - 2012-01-16 21:12:34 UTC
The numbers

December Dividends
Total : 2,362,000,000.00 ISK
Per share : 1,356,691.56 ISK


December re-investement
Total : 1,181,000,000.00 ISK
Per share : 678,345.78 ISK


December NAV
Total : 219,988,544,560.25 ISK
Per Share : 126,357,578.73 (1741 BMBE shares public)


December ROI
ROI : 1.64%

End of month liquid ISK
Total : 24,555,659,948.86 ISK


Start of month loan amount
82,000,000,000 ISK


End of month loan amount
80,000,000,000 ISK


Average daily amount on loan
90,741,935,483.87 ISK


Share portfolie
Total value : 56,734,215,000 ISK

BSAMR 620,907 @85,000 ISK
BSAMT 32,976 @120,000 ISK
TornSoul
BIG
#3 - 2012-01-16 21:12:46 UTC
Dividend History Per Share

[b]2006.02[/b]           0.00 ISK
[b]2006.03[/b]           0.00 ISK
[b]2006.04[/b]     567,705.06 ISK
[b]2006.05[/b]   2,120,000.00 ISK
[b]2006.06[/b]   1,660,000.00 ISK
[b]2006.07[/b]   1,036,000.00 ISK
[b]2006.08[/b]     651,000.00 ISK
[b]2006.09[/b]           0.00 ISK
[b]2006.10[/b]      10,000.00 ISK
[b]2006.11[/b]      55,000.00 ISK
[b]2006.12[/b]   1,240,640.00 ISK
[b]2007.01[/b]   1,769,120.00 ISK
[b]2007.02[/b]   1,456,554.30 ISK
[b]2007.03[/b]   1,559,647.00 ISK
[b]2007.04[/b]   1,389,126.10 ISK
[b]2007.05[/b]   1,320,677.50 ISK
[b]2007.06[/b]   1,708,296.60 ISK
[b]2007.07[/b]   1,560,093.04 ISK
[b]2007.08[/b]   1,389,577.68 ISK
[b]2007.09[/b]   1,925,233.60 ISK
[b]2007.10[/b]   1,875,814.72 ISK
[b]2007.11[/b]   1,608,953.36 ISK
[b]2007.12[/b]   1,226,948.72 ISK
[b]2008.01[/b]   1,494,801.41 ISK
[b]2008.02[/b]   1,655,349.56 ISK
[b]2008.03[/b]     890,043.14 ISK
[b]2008.04[/b]           0.00 ISK
[b]2008.05[/b]           0.00 ISK
[b]2008.06[/b]           0.00 ISK
[b]2008.07[/b]           0.00 ISK
[b]2008.08[/b]     207,287.81 ISK
[b]2008.09[/b]     137,312.78 ISK
[b]2008.10[/b]     535,504.58 ISK
[b]2008.11[/b]     841,536.19 ISK
[b]2008.12[/b]   1,301,060.90 ISK
[b]2009.01[/b]     954,077.43 ISK
[b]2009.02[/b]     913,592.90 ISK
[b]2009.03[/b]     955,739.51 ISK
[b]2009.04[/b]     357,353.52 ISK
[b]2009.05[/b]     281,178.88 ISK
[b]2009.06[/b]     567,702.44 ISK
[b]2009.07[/b]     990,563.86 ISK
[b]2009.08[/b]   1,108,303.40 ISK
[b]2009.09[/b]     981,928.45 ISK
[b]2009.10[/b]     790,670.55 ISK
[b]2009.11[/b]     725,364.53 ISK
[b]2009.12[/b]   1,493,512.80 ISK
[b]2010.01[/b]   1,787,144,30 ISK
[b]2010.02[/b]   1,549,569.40 ISK
[b]2010.03[/b]     666,899.54 ISK
[b]2010.04[/b]           0.00 ISK
[b]2010.05[/b]           0.00 ISK
[b]2010.06[/b]   1,297,032.05 ISK
[b]2010.07[/b]   1,794,229.11 ISK
[b]2010.08[/b]   2,784,415.19 ISK
[b]2010.09[/b]   1,418,356.44 ISK
[b]2010.10[/b]   2,610,170.70 ISK
[b]2010.11[/b]   1,349,079.55 ISK
[b]2010.12[/b]   1,650,308.50 ISK
[b]2011.01[/b]   1,168,034.69 ISK
[b]2011.02[/b]   1,823,582.51 ISK
[b]2011.03[/b]     609,501.93 ISK
[b]2011.04[/b]     729,465.82 ISK
[b]2011.05[/b]     211,372.77 ISK
[b]2011.06[/b]     643,308.44 ISK
[b]2011.07[/b]     606,547.96 ISK
[b]2011.08[/b]     742,102.24 ISK
[b]2011.09[/b]     768,523.84 ISK
[b]2011.10[/b]   1,345,203.91 ISK
[b]2011.11[/b]   1,010,913.27 ISK
[b]2011.12[/b]   1,356,691.56 ISK

[b]Total[/b]    71,235,726.07 ISK
TornSoul
BIG
#4 - 2012-01-16 21:12:57 UTC
NAV per Share History

2006.02   50,000,000.00           TornSoul reporting
2006.03   50,000,000.00    0,00%
2006.04   50,000,000.00    0,00%
2006.05   50,720,000.00    1,44%
2006.06   50,876,000.00    0,31%
2006.07   51,394,000.00    1,02%
2006.08   51,719,500.00    0,63%
2006.09   51,719,500.00    0,00%
2006.10   51,719,500.00    0,00%
2006.11   51,774,500.00    0,11%
2006.12   52,809,060.00    2,00%
2007.01   53,693,620.00    1,68%
2007.02   54,421,897.10    1,36%
2007.03   55,201,721.00    1,43%
2007.04   55,896,284.10    1,26%
2007.05   56,556,622.90    1,18%
2007.06   43,417,267.90  -23,23%  Ray McCormack reporting
2007.07   45,524,495.36    4,85%
2007.08   47,245,553.01    3,78%
2007.09   58,350,178.96   23,50%
2007.10   59,385,678.14    1,77%
2007.11   60,333,036.82    1,60%
2007.12   61,310,035.66    1,62%
2008.01   63,542,586.97    3,64%
2008.02   65,296,177.94    2,76%
2008.03   75,531,514.23   15,68%
2008.04   75,531,514.23    0,00%
2008.05   76,384,523.78    1,13%  Sharlath reporting
2008.06   76,384,523.78    0,00%
2008.07   73,471,226.06   -3,81%  TornSoul reporting
2008.08   79,177,695.53    7,77%
2008.09   81,839,020.62    3,36%
2008.10   82,106,766.56    0,33%
2008.11   83,351,656.92    1,52%
2008.12   89,486,984.77    7,36%
2009.01   89,750,969.78    0,29%
2009.02   89,681,933.79   -0,08%
2009.03   91,222,040.35    1.72%
2009.04   91,317,638.40    0.10%
2009-05   91,815,581.36    0.55%
2009-06   92,099,432.58    0.31%
2009-07   92,805,063.43    0.77%
2009-08   93,359,215.13    0.60%
2009-09   93,850,179.36    0.53%
2009-10   94,350,636.21    0.53%
2009-11   94,713,318.47    0.38%
2009-12   97,358,874.65    2.79%
2010-01   98,876,906.13    1,56%
2010-02  100,075,088.00    1,21%
2010-03   99,778,573.35   -0,30%
2010-04   95,271,029.45   -4.52%
2010-05   94,891,830.63   -0.40%
2010-06  109,728,089.58   15.63%
2010-07  108,913,955.17   -0.74%
2010-08  109,752,038.82    0.77%
2010-09  111,175,355.39    1.30%
2010-10  115,598,200.23    3.98%
2010-11  116,432,246.25    0.72%
2010-12  117,967,070.33    1.32%
2011-01  118,599,324.67    0.54%
2011-02  120,311,137.26    1.44%
2011-03  119,864,821.90   -0.37%
2011-04  119,170,626.21   -0.58%
2011-05  121,129,235.45    1.64%
2011-06  120,589,316.07   -0.45%
2011-07  121,645,110.75    0.88%
2011-08  122,016,161.87    0.31%
2011-09  122,417,914.31    0.33%
2011-10  123,394,587.06    0.80%
2011-11  123,900,043.69    0.41%
2011-12  126,357,578.73    1.98%



Notes
2007.06 23.23% Decrease : 30B ISK removed from books as result of default - Collateral not yet sold however.
2007.09 23.50% Increase : Collateral from default sold - Capital put back in the books.
2008.03 15.68% Increase : Massive stock sell-off, at values larger than the book value of the shares.
2008.07 -3.81% Decrease : 9B ISK where unaccounted for - And thus wasnt put in the books.
2008.08 7.77% Increase : 9B ISK recovered and put back into the books.
2008.12 7.36% Increase : Massive stock sell-off (FIN buy-back), at value larger than the book value of the shares.
2009.02 -0.08% Decrease : Negative liquid ISK value influencing NAV value downwards. Bookkeeping artifact.
2010.03 -0.30% Decrease : Lots of late/missing payments, reducing the liquid ISK available, thus reducing NAV
2010.04 -4.52% Decrease : Lots of late/missing payments, reducing the liquid ISK available, thus reducing NAV
2010.05 -0,40% Decrease : Lots of late/missing payments, reducing the liquid ISK available, thus reducing NAV
2010.06 15.63% Increase : Bookkeeping error - But see next entry
2010.07 -0.74% Decrease : If not for last months book keeping error, this would have been the month of a huge increase, due to profit on collateral sellof.
2011.04 -0.58% Decrease : Collateral loss.
2011.05 1.64% Increase : Slightly inflated number due to bookeeping error (See also next note)
2011.06 -0.45% Decrease : Only a decrease because of last months inflated number - Else would have been an increase.
Levija Saplina
Ken Interplanetary Communication
#5 - 2012-01-17 07:46:23 UTC
I am sorry if this thread is not for questions (in which case please do contact a mod to have this post removed and I shall contact you ingame).

Do you have any numbers regarding your leverage ratio ? What kind of coverage/provisions do you have ?
Vaerah Vahrokha
Vahrokh Consulting
#6 - 2012-01-17 08:42:49 UTC
This thread is a testament of your success and to this forum software incredible, undefendable failure.

Can't even post a decently formatted list of numbers any more. Much less a logo.

Old forums were to any average forum like old client is to new client.

New forum is to any average forum like "shut door Incarna" is to a decent MMO: a joke.

EvE Online portal | EvE markets tutorials
Grendell
Technologies Unlimited
#7 - 2012-01-17 15:11:35 UTC
TornSoul wrote:

Quote:

Bank dividends
From: [redacted]
Sent: 2011.12.31 07:44
To: TornSoul,

Hi,

I've returned to the game after not playing for some 5+ years. Just before I quit I purchased 200m of shares in the BIG bank venture. I was pleasantly surprised upon my return to see that the dividends have been trickling in every month since I've been gone.

So, I just wanted to send this out to say thanks for your integrity and commitment all these years, and I'm glad to see that the venture worked out for you guys.



I've said it before but I'll say it again, BMBE is my longest investment to date.Blink
Keep on on trucking TS.Smile

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥
TornSoul
BIG
#8 - 2012-01-17 17:25:52 UTC
Levija Saplina wrote:
I am sorry if this thread is not for questions (in which case please do contact a mod to have this post removed and I shall contact you ingame).

Do you have any numbers regarding your leverage ratio ? What kind of coverage/provisions do you have ?


Yes it's also for questions.

Unfortunately err I'm not quite sure what you are asking me P

Leverage ratio? (You lost me there I'm afraid - Keep in mind english isn't my first langauge)

I know what leverage is, and ratio... But the two put together in this context...
Do you mean collateral?

Could you put your question in a bit more "laymans" terms perhaps - I'm not a RL banker, so technical terminology is probably lost on me I'm afraid. P


Vaerah Vahrokha wrote:
this forum software incredible, undefendable failure.

Can't even post a decently formatted list of numbers any more. Much less a logo.

Old forums were to any average forum like old client is to new client.

New forum is to any average forum like "shut door Incarna" is to a decent MMO: a joke.


Hear hear!


Grendell wrote:
Keep on on trucking TS.Smile


I will Big smile
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#9 - 2012-01-19 16:05:21 UTC
Where does one go about acquiring shares?

Probable a better way of asking, is there shares to be sold/bought?


Thank you.
Block Ukx
420 Enterprises.
#10 - 2012-01-19 16:14:51 UTC
Atreides Leto wrote:
Where does one go about acquiring shares?

Probable a better way of asking, is there shares to be sold/bought?




You can try the BSAC Exchange


Keep in mind that there is a stock split of 1,000 registered share per in-game share.

Last BMBE trade was on 2012-01-16 16:22:37 where 2,000 shares traded at 130,000.00 ISK.
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#11 - 2012-01-19 16:16:41 UTC
Block Ukx wrote:
Atreides Leto wrote:
Where does one go about acquiring shares?

Probable a better way of asking, is there shares to be sold/bought?




You can try the BSAC Exchange


Keep in mind that there is a stock split of 1,000 registered share per in-game share.

Last BMBE trade was on 2012-01-16 16:22:37 where 2,000 shares traded at 130,000.00 ISK.






Thank you for the info, much appreciated.
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#12 - 2012-01-20 12:10:44 UTC
Block Ukx wrote:



Keep in mind that there is a stock split of 1,000 registered share per in-game share.





I am going to invest, however, all this is new to me, could you kindly please explain what that sentence means? Sorry for my ignorance on this matter, I'm sure that for some this may seem pathetic but I do not know what it means, and English is not my native language (no excuses) it makes even more difficult.

Kind regards.
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#13 - 2012-01-20 12:40:18 UTC
Well been doing some investigating myself and my understanding of it goes like this:

Say I order 20.000 Shares, with that Split I would have 20 in-game shares, is this a correct reading?

Kind regards.
Magnu Stormhawk
#14 - 2012-01-20 13:05:14 UTC
Atreides Leto wrote:
Well been doing some investigating myself and my understanding of it goes like this:

Say I order 20.000 Shares, with that Split I would have 20 in-game shares, is this a correct reading?

Kind regards.


Correct.

If BSAC's split is 1000 per 1, then you would be buying what represents 20 in-game shares.

Understanding this is important to understanding your potential returns. Hence Block's comment to draw your attention to it.
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#15 - 2012-01-20 13:18:09 UTC
Magnu Stormhawk wrote:
Atreides Leto wrote:
Well been doing some investigating myself and my understanding of it goes like this:

Say I order 20.000 Shares, with that Split I would have 20 in-game shares, is this a correct reading?

Kind regards.


Correct.

If BSAC's split is 1000 per 1, then you would be buying what represents 20 in-game shares.

Understanding this is important to understanding your potential returns. Hence Block's comment to draw your attention to it.



Thank you Sir, great help from all, much appreciated.

Kind Regards
TornSoul
BIG
#16 - 2012-01-20 18:05:57 UTC
Atreides Leto wrote:

Say I order 20.000 Shares, with that Split I would have 20 in-game shares, is this a correct reading?


For completeness sake :
You will not receive actual ingame shares that you can view in your wallet.
Instead you will get "virtual" shares registered on and handled by BSAC.

BSAC (or the BSAC character used for this) has the actual ingame shares in his wallet, and is the one receiving the ingame distributed dividend payouts, which are then credited to your BSAC account.
You can then request a withdrawal, and actual ISK will appear in your ingame wallet (when BSAC gets around to making the ingame transfer)
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#17 - 2012-01-20 18:19:08 UTC
TornSoul wrote:
Atreides Leto wrote:

Say I order 20.000 Shares, with that Split I would have 20 in-game shares, is this a correct reading?


For completeness sake :
You will not receive actual ingame shares that you can view in your wallet.
Instead you will get "virtual" shares registered on and handled by BSAC.

BSAC (or the BSAC character used for this) has the actual ingame shares in his wallet, and is the one receiving the ingame distributed dividend payouts, which are then credited to your BSAC account.
You can then request a withdrawal, and actual ISK will appear in your ingame wallet (when BSAC gets around to making the ingame transfer)







Once more thank you for all the information, I've learned a few things I never knew existed... Ugh
Atreides Leto
Sebiestor Tribe
Minmatar Republic
#18 - 2012-01-21 23:47:22 UTC
Well I have one last dough after all... so lets say I order the 20.000 shares and get them, will get 20 in BSCA, for sake of argument lets say that each share cost was 1000 ISK, what would be my bill?

20Million or 20Thousand?

Thank you yet again, best regards.
IonHammer
Brutor Tribe
Minmatar Republic
#19 - 2012-01-22 01:40:53 UTC
Atreides Leto wrote:
Well I have one last dough after all... so lets say I order the 20.000 shares and get them, will get 20 in BSCA, for sake of argument lets say that each share cost was 1000 ISK, what would be my bill?

20Million or 20Thousand?

Thank you yet again, best regards.


I will take a stab at this but first let me say I have been a shareholder from the start of BMBE but I have no other dealing with BMBE other than as a shareholder.

I have no dealing or relationship with BSCA.

I may completely balls things up, but thats the chance you take I will stand corrected by any official of these groups.

As at December report

December NAV
Total : 219,988,544,560.25 ISK
Per Share : 126,357,578.73 (1741 BMBE shares public)

this equated to a book value of 126,357,578.73 isk per share. I originally paid 50 mill per share.

This of course does not equate to the value of the shares when traded because that will be based on the market and what people are willing to buy and sell at.

So as mentioned in the thread BMBE shares are split by BSCA at a ratio of 1000 to one. The last trans was at 130k isk so 130k by 1000 equals 130 mill per BMBE share which is a slight premium to the BMBE NAV share price for DEC.

Also i note from the BSCA website that they distribute 95% of the BMBE share dividend so that seems to be a 5% management fee.#1

If you wanted to buy 20 BMBE shares that would be a total as per BMBE NAV of 126,357,578.73 * 20 = 2,527,151,574.6 isk

To buy these shares via BSCA would be 130k#2 * 20k = 2,600,000,000.00

What I can't tell you is does BSCA cover your virtual buys with actual BMBE shares or not?
Notes
#1 Management fees are based on what I see at the site actual BSCA fees may vary.
#2 Last transaction price @ BSCA for BMBE shares.

Hope this helps and no I don't want to sell my shares.
Block Ukx
420 Enterprises.
#20 - 2012-01-22 01:47:20 UTC
Atreides Leto wrote:
Well I have one last dough after all... so lets say I order the 20.000 shares and get them, will get 20 in BSCA, for sake of argument lets say that each share cost was 1000 ISK, what would be my bill?

20Million or 20Thousand?

Thank you yet again, best regards.




If you order 20,000 shares you will get 20,000 registered shares. In the case of BMBE where the stock split is 1,000:1, those 20,000 registered shares equal 20 in-game shares.
If you pay 1,000 ISK per share, then your cost will be 20,000 × 1,000 ISK = 20 M ISK.



The stock split plays a role in deciding the intrinsic price of registered shares. For instance, BMBE in-game intrinsic share price is 126,357,578.73 ISK. However, the intrinsic price of registered shares is 126,357,578.73 / 1,000 = 126,257.58 ISK

In both cases the return on investment (ROI) is exactly the same.
12Next page