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TornSoul
BIG Fountain Alliance
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Posted - 2006.08.06 19:23:00 -
[1]
Edited by: TornSoul on 06/08/2006 19:23:26
Half year, and quarter status
The BMBE is now half a year old, and I thought it would be a good oppertunity to put down some numbers. A short "summery" of sorts for the last half year.
Half year totals:
Dividend : 9.772B ISK BMBE Re-investment : 1.036B ISK (only one month of re-investment at this time remember)
It's worth noting (again) that the first 3 months of the BMBE saw almost no profit at all. If we split it up in (BMBE) quarters instead, it looks a bit more interesting (for the last quarter anyhow)
Quarter totals :
1st quarter dividend : 700M ISK 2nd quarter dividend :9.072B ISK
1st quarter BMBE re-investment : 0 ISK 2nd quarter BMBE re-investment : 1.036B ISK
BMBE total capital 102.788B ISK
So in rough numbers, BMBE investors have seen a 10% return on their ISK in (the last) 3 months time. I'll be the first to admit that it's not excactly mind-blowing numbers.
On the other hand, it's as risk free as can get in the world of EVE.
BIG Lottery
[u |

TornSoul
BIG Fountain Alliance
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Posted - 2006.08.06 19:23:00 -
[2]
Edited by: TornSoul on 06/08/2006 19:24:45 Edited by: TornSoul on 06/08/2006 19:24:30
www.BIG-EVE.com/BMBE
This is the sixth BMBE shareholder report.
- July dividend
- July BMBE re-investment
- August forecast
- Advertising
- Half year, and quarter status
July dividend
July sees the first month of the 40/40/20 distrubution of BMBE profits.
July dividend : 2.072B ISK This equals to 1.036M ISK per share
In the BMBE Shareholder report #5, the July dividend was forecasted to : 2.072B ISK. So spot on there.
Dividend has been paid out on the 1st of July.
July BMBE re-investment July is the first month where part of the BMBE profit is put back into the BMBE, to, over time, increase the amount of ISK available for loantakers - And thus is a potential profit increaser, and also (at least on paper) a share value increaser.
July BMBE re-investment : 1.036B ISK Total BMBE capital now : 102.788B ISK This equals a "value" of 51.394M ISK per share
August forecast The forecast is based solely on the profit of existing loans and thus doesnt take into consideration if new loans will be made during the month.
August dividend forecast : 1.134B ISK Which equals 567K ISK per share
August BMBE re-investment : 567M ISK
Not looking very good. Almost half of that of July, which in itself was way lower than the month before.
The reason is of course simple - Almost all of remaining loans will be paid back during august. And there hasnt been a single request for new loans during all of July...
Currently the BMBE has alot of ready ISK at hand, for any new loantakers who need an ISK injection. This unfortuantly means that this ISK is not currently making the shareholders any new ISK.
This is not good.
Advertising
Picking up the thread from the last paragraph. Apparently something needs to be done to make sure that the ISK the BMBE has, is "out working", instead of just sitting in a wallet.
We have in the past tried an EVE-radio ad-spot. This was just as the BMBE started up, so it's very hard to gauge the effect it might have had, or not. Remember how the first 3 months of the BMBE, the BMBE made nearly no ISK at all (due to the loantypes offered at the time)
I might consider trying it out again - In the grand scope of things it's not hugely costly.
We have also tried a more targetted approach - Putting the "BMBE advertising where the customers are". What we did was putting in a small note in "interesting" forum auctions (auctions at 3-4B+ ISK). Anyone short perhaps a few ISK to win the auction, then couldnt avoid spotting that there actualyl was an option for them to get hold of this extra ISK quite easily - and fast.
In our mind, this was to the advantage of both the buyers and not least the seller (as apart from the extra bump, it just might also get people to bid a few extra ISK). Unfortunatly the forum-mods saw this differently... And we were told to stop.
I'm considering simply putting up a [WTS] post in the sell forums for the BMBE. A title like "[WTS] Selling ISK", should make a few heads turn , at least initially... Due to the sheer amount of posts in the sales forum, I kinda doubt it will have much of an effect though - It'll end on page 10 in no time...
So... If anyone has any good ideas to "spread the word", or otherwise increase the chance of the BMBE making some new loans, I'm all ears!!!
BIG Lottery
[u |

EMFi Manager
EvE Mutual Fund Inc.
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Posted - 2006.08.06 20:13:00 -
[3]
I have seen shares sell for less then IPO value (quite a few have been sold at 48m/u)
I agree that it is a very safe investment though not the profitable.. however it is only risk free if you can get your isk out (not at a 8% loss) maybe you can consider buying back some (50%) of the BMBE shares with teh leftover capital? issue them again if/when more isk is needed?
Maybe pay out the dividend to the outstanding shares only? so with 50% shares floated pay dividend twice to compensate)
Just some ideas :)
however marketing may work as well..! Kali will give you some people that want to loan I guess.
Alt of Naphtalia
Visit my investment site |

Hellspawn01
Amarr
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Posted - 2006.08.06 20:35:00 -
[4]
Can you repeat that without banking language plz.
Ship lovers click here |

Baun
Celestial Apocalypse
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Posted - 2006.08.07 01:07:00 -
[5]
I think perhaps if you started a new program aimed specifically at financing people BEFORE they try to purchase BPOs then you would have more people seeking loans.
Bassically, you advertise that you are willing to provide financing for people who purchase BPOs. You buy the BPOs for them and then they pay you back with the profits.
This would not in practice change the way the corp is run, but it would increase your client base.
The Enemy's Gate is Down
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Dark Shikari
Caldari Imperium Technologies Firmus Ixion
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Posted - 2006.08.07 02:00:00 -
[6]
Originally by: Baun I think perhaps if you started a new program aimed specifically at financing people BEFORE they try to purchase BPOs then you would have more people seeking loans.
Bassically, you advertise that you are willing to provide financing for people who purchase BPOs. You buy the BPOs for them and then they pay you back with the profits.
This would not in practice change the way the corp is run, but it would increase your client base.
A very good idea. BMBE never gives the person the cash: they buy the BPO for him (and the person pays a 25% down payment to keep with the 75% collateral system). They they build it and give him the products/profits, which he uses to pay them back.
--Proud member of the [23]--
-WTS Heavy Electron II, 100mn AB II |

Heikki
Gallente Wreckless Abandon
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Posted - 2006.08.07 06:52:00 -
[7]
Reasonable proceedings, something like expected. I tend to think BMBE shares are like goverment bonds rather than regular stocks. That is, they are low reliable profit; not going to make you rich but far better than holding the ISK on your account.
For BMBE future, not sure if there is that large customer base currently. For example, there are no new T2 BPOs coming out in the foreseeable future -> fewer BPO sales.
IMHO, the bank should not be too eager to start buying the shares back, considering the work required to re-issue them the moment more ISK is needed.
Anyway, some improvement suggestions, which I feel are easy (==little work) to implement, but might help BMBE business (and interests of shareholders). None of which are critical nor necessary to do:
- Since posting on forum sales thread is not good, BMBE or her major investors can instead mail to an author of major sale thread. So if someone is selling expensive BPO, could Eve-mail him with words akin 'hey, in your next bumb message you could mention that potential buyers can easily get rather cheap loan from BMBE (url xxx)'. It is in the benefit of the seller anyway.
- Offer (smallish) referral fee for new customers (this would be de-facto discount for loans, since every (sensible) loaner would take the advantage from it
- Issue stance/principle of 'no new public offerings': only way to get in is to buy shares from the market
- Offer buyback guarantee at low price : like BMBE will buy shares say at IPO price minus dividends so far (i.e. something like 0.9*IPO price atm). Would assume this is not needed that much in practice, just assurance that people can cash out should they need their ISK available.
-Lasse
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Callan Skiderlar
LIfeline Incorporated
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Posted - 2006.08.07 21:50:00 -
[8]
Originally by: Baun I think perhaps if you started a new program aimed specifically at financing people BEFORE they try to purchase BPOs then you would have more people seeking loans.
Basically, you advertise that you are willing to provide financing for people who purchase BPOs. You buy the BPOs for them and then they pay you back with the profits.
Unless I misunderstand the mechanics here, there's too much risk of BMBE scamming. If I have a friend who wants his BPO sold at a decent price, I can have him set a buyout at 133% of the target price. I claim the buyout with BMBE's backing, BMBE buys the print at 75% of the buyout price - leaving aside how the seller normally gets the other 25%, if I change my mind, that leaves BMBE holding the bag on the print.
I don't think BMBE can take on judging whether a price for a BPO is fair. All you can ask the bank to do is say what they see as the collateral value that they will use for making a loan - if you want to buy it for more than that on the market, that's your problem, not theirs.
Originally by: Dark Shikari A very good idea. BMBE never gives the person the cash: they buy the BPO for him (and the person pays a 25% down payment to keep with the 75% collateral system). They they build it and give him the products/profits, which he uses to pay them back.
I think Torn was pretty explicit that he didn't want to get into production.
The big challenge is that BMBE needs a way to quickly assess the value of a print and make a judgment on what they will offer as a collateral value and, even more importantly, quickly get the isk into the applicant's hands so that they can put it to use for an auction. The market segment of BPO buyers requires fast turnaround, something which BMBE can't support right now. That's the question that needs solving to get us into the BPO trader market segment. ---
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Tami Auryn
Natural Evolution
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Posted - 2006.08.07 22:40:00 -
[9]
I guess we'll see a big change in dividends the next months because of this,
[Auction]Cerberus BPO
up goes the stock
My Officer Mods Auction |

TornSoul
BIG
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Posted - 2006.08.07 22:53:00 -
[10]
ooooooooooooh 
/me scans EGSE for sell orders  BIG Lottery
[u |
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Verite Rendition
Caldari AUS Corporation CORE.
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Posted - 2006.08.08 00:43:00 -
[11]
Originally by: TornSoul ooooooooooooh 
/me scans EGSE for sell orders 
Can I just buy it now and let BMBE run it for 1.5 years or so until it's paid off? ---- AUS Corp Lead Megalomanic |

Baun
Celestial Apocalypse
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Posted - 2006.08.08 04:23:00 -
[12]
Originally by: Tami Auryn I guess we'll see a big change in dividends the next months because of this,
[Auction]Cerberus BPO
up goes the stock
Well, they just did something to that thread. So whoever was buying the BPO using BMBE money had his post deleted ...
Or maybe i misunderstood.
The Enemy's Gate is Down
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Splagada
Minmatar
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Posted - 2006.08.08 11:03:00 -
[13]
my corp has the shares i initially bought, and the regular low income is really fine
and your communication is really good. you're not saying we gonna swim in chocolate rivers (hidden quote) when it's not the case
trust + 1
i think however you need more communication on the actual product, the loans
our corp might be interested in such a loan depending on what the details are -
Looking for technetium delivery contracts
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Tami Auryn
Natural Evolution
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Posted - 2006.08.08 11:24:00 -
[14]
Originally by: Splagada my corp has the shares i initially bought, and the regular low income is really fine
and your communication is really good. you're not saying we gonna swim in chocolate rivers (hidden quote) when it's not the case
trust + 1
i think however you need more communication on the actual product, the loans
our corp might be interested in such a loan depending on what the details are
The details on loans are public, since day 1
http://www.big-eve.com/BMBE/
My Officer Mods Auction |

TornSoul
BIG
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Posted - 2006.08.08 16:44:00 -
[15]
@Baun + Dark Shikari
The idea is actually not half bad. ie. the idea of actually *promoting* this setup pro-activly.
However, as Callan Skiderlar points out - It can be "exploited".
I think howver we might be able to work around that - Seeing as we have to "evaluate" the cost of BPO's each time anyhow.
Doing it for an auction wouldnt be much different.
It is however a risk (And I've myself long ago pointed out the excact scenario descriped by Callan Skiderlar)
@Heiki We did in fact try the "mail to OP" of auction (just didnt bother to mention it in my first post). Didnt do nothing I'm afraid...
(I'm leaving your other suggestions alone - Would be to long to comment in detail on them all)
@Verite Rendition Sure you can - As long as you pay the interest  (and theres that little matter of ony a 75% collateral value... So you have to dig up the remaining 25% somewhere )
@Splagada
Thanks for the roses.
"i think however you need more communication on the actual product, the loans"
If you by that mean more PR, then I agree. It's just that it's pretty limited what we can do really...
And the forum mods aint helping either... Although our small 'add' in the auctions, where not a bid on the item itself, it *surely* wasnt off-topic for the thread... *AND* to the benefit for everyone involved (Yes I keep mentioning this... As it bugs me ) I mean... daily bumps are allowed... *shrug*
@Tami Auryn You are correct, the details are there for everyone to see.
But the issue is... People need to know it's there before it does any good...
Hence... We need to come up with some ideas for some PR to "spread the word"...
So like I said initially - I'm all ears if anyone got some clever ideas. 
BIG Lottery
[u |

Rusom Rokath
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Posted - 2006.08.08 17:47:00 -
[16]
Why don't you see if you could 'persuade' DS, hippoking, *insert your favourite forum ***** here* to add a link to the BMBE in their sig?
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Wilfan Ret'nub
Singularity.
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Posted - 2006.08.08 20:19:00 -
[17]
Originally by: Rusom Rokath Why don't you see if you could 'persuade' DS, hippoking, *insert your favourite forum ***** here* to add a link to the BMBE in their sig?
TornSoul should first persuade *herself* to put a link to BMBE in the sig. Then put a link on the BIG homepage.  
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TornSoul
BIG R i s e
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Posted - 2006.08.09 18:26:00 -
[18]
Theres room for no more in my sig....
Hence the "[u" bit.... (my enduring silent protest to the 200 char limit on signatures....)
And on the BIG site.... yes... I know... 
BIG Lottery
[u |

EMFi Manager
EvE Mutual Fund Inc.
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Posted - 2006.08.09 18:39:00 -
[19]
Originally by: TornSoul Theres room for no more in my sig....
Hence the "[u" bit.... (my enduring silent protest to the 200 char limit on signatures....)
And on the BIG site.... yes... I know... 
hmmm.... well I feel BMBE is important ennough for your bio.. why not use "tinyurl" for your sig and the Lottery link? shouldn't it fit then?
Alt of Naphtalia
Visit my investment site |

EMFi Manager
EvE Mutual Fund Inc.
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Posted - 2006.08.09 18:41:00 -
[20]
and your bio :) maybe remove the link under your banner?
Alt of Naphtalia
Visit my investment site |
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Dark Shikari
Caldari Imperium Technologies Firmus Ixion
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Posted - 2006.08.09 19:40:00 -
[21]
Originally by: EMFi Manager
Originally by: TornSoul Theres room for no more in my sig....
Hence the "[u" bit.... (my enduring silent protest to the 200 char limit on signatures....)
And on the BIG site.... yes... I know... 
hmmm.... well I feel BMBE is important ennough for your bio.. why not use "tinyurl" for your sig and the Lottery link? shouldn't it fit then?
I don't think TinyURL works for images. TinyPic does, however.
--[23] Member--
Originally by: DB Preacher The only time BoB's backs are to the wall is when Backdoor Bandit is in local.
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Wilfan Ret'nub
Singularity.
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Posted - 2006.08.09 23:23:00 -
[22]
I really think ease of access to BMBE in general and BIG site in particualr need much work. I know I've been to the BMBE website (where you can put arrange loans) multiple times before, but for the love of God I can't navigate to it any more.
Hm, found it after 10 minutes of googling. And I've just noticed the link on the BMBE report, under the banner ... Anyway, consider this as an ad-hoc usability test.
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dabster
Minmatar Celestial Apocalypse
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Posted - 2006.08.15 11:54:00 -
[23]
I'd just like to bump and say I really think this needs more PR.
No product sells itself by having a website without the word getting spread.
So, how do i make a clickable url in my bio saying "Go here to loan ISK", or whatever else fancy i can come up with? :p (im serious) I didnt expect to become rich with my 10 shares and a smal steady income is nice (until the day i need to sell them again to release the ISK for other needs). But it definatly wouldnt hurt with PR. ___________________________ Brutors Rule! My Eve-vids; Click. |

TornSoul
BIG R i s e
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Posted - 2006.08.15 22:28:00 -
[24]
Edited by: TornSoul on 15/08/2006 22:28:35 Yes - We definatly need more PR.
[WTS] BMBE is selling ISK is an attempt at that.
Feel free to 'bump' it every now and again (as I'm sure it will be needed...) Just remember to put something meaningfull into the bump message, or it will end up getting locked.
I honestly doubt it will have much of an effect - But.. It's better than nothing...
BIG Lottery
[u |

Wilfan Ret'nub
Singularity.
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Posted - 2006.08.18 12:27:00 -
[25]
Edited by: Wilfan Ret''nub on 18/08/2006 12:27:33 Regarding the too long sig: tinyurl.com works wonders. I've managed to put 2 links into TornSoul's sig, but I can't get the links to display on the left.
Example (replace curly braces with square ones): ----- {url="http://www.BIG-EVE.com"}{IMG}http://tinyurl.com/orhb4{/IMG}{/url}{url="http://www.BIG-EVE.com/lottery.asp"}BIG Lottery{/url}{url="http://82.147.248.98/BMBE/"}Get ISK here{/url} -----
Of course, you could use more tiny URLs when it gets too long again. ------ No ISK, no fun |

TornSoul
BIG R i s e
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Posted - 2006.08.24 19:24:00 -
[26]
Edited by: TornSoul on 24/08/2006 19:24:59
Surprisingly (to me) the post has actually resulted in quite a few people contacting me ingame for a loan.
Sadly mostly small amounts (less than 2B ISK or so)
And even worse... Mostly by people who did not understand the bit about collateral...
Ie. sofar, no new loans.
But, apparently quite a bit of awareness - Which hopefully will 'pay of' in the long run.
BIG Lottery
[u |
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