Mecinia Lua
Galactic Express
Frontier Trade League
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Posted - 2007.05.10 05:37:00 -
[1]
 Originally by: TornSoul
Let me conclude with the numbers
101,440,000,000 ISK Total value of all shares sold
9,157,328,100 ISK total re-invested in the BMBE
1,300,000,000 ISK made from the skiff BPO's sofar
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111,897,328,100 ISK Total
Subtract from that the defaulted loan and you get
81,897,328,100 ISK Total
To that the value of the two Skiff BPO's should be added.
This is the total capital that the BMBE has available for loans as of this writting.
That's all folks.
Okay if at the time of the incident BMBE had 100 billion in capital available and then 30 billion was defaulted that would have left 70 billion plus the Skiff BPOs.
Now many months later we see a capital of almost 82 billion.
Under TornSoul and Ray it appears the fund has been steadily recovering. In 1 years time it has regained nearly half of what was lost.
That's a pretty good record, if you correspond it to real world business.
Someone mentioned that approximately they had received an 8% return on their investment thus far. 8% is a pretty good return.
Even though this is a game, most people seem to think of shares in the wrong way. They are not a short term investment. They are a long term investment, and indeed it is possible that EVE will not last long enough for some investments to work. Most investment bankers would look for 15 to 30 year returns.
If they want to replenish the fund more quickly, and that seems to be the desire, then really without going into some sort of side business which means tying up more capital and assuming more risk, the only really viable option would be to reduce the management fee. However it is unreasonable to assume that they should do it for free. Currently it is 40%, s small reduction in that towards only a 30% management fee would help replenish the fund more quickly while still giving them enough money to make it worthwhile I think.
I know well how long it takes in managing just a small corp with small bank account. I can only imagine all the extra time required to keep up with loans, make sure payments are made on time, etc. Plus all the extra bookkeeping.
I do have a question for Ray and TornSoul, have you read the new dev blog on corporations. Do you think the divisional corporate wallets will assist you once implemented?
Thoughts expressed are mine and mine alone. They do not necessarily reflect my alliances thoughts. |