CONCORD announced today that capsuleer corporation Deaths Right Hand has filed for a Declaration of War against the alliance to which Odinsdagrting belongs, United Trade Syndicate [TRAMP]. CONCORD will sanction hostilities shortly after 10:00 on 28 June.
We do not anticipate this having an effect our operations. While this may limit how we transport goods to the market hubs, this should not keep us from doing so.
We are confident that there will be no corporate losses, and no that sales will continue unabated.
Sunday, June 27, 2010
Tuesday, June 1, 2010
Monthly Statement, May 2010
First, I will start with the good news:
While I am pleased with these numbers, the bad news causes me to stress. For the month of June, I will have to seriously focus on plugging our holes. With sales like this, I would expect a growth of 9.09%. Instead, the corp only grew by 2.48%.
This means the corporation lost about 199,152,800.91 ISK.
I can very easily see that we lost 37,936,369.06 ISK this month in failed invention jobs. The corporation spent 171,524,272.86 ISK on invention jobs but only produced BPCs worth 133,587,903.80 ISK.
The corporation doesn't currently track broker's fees, but it does cover them. Without skills or standings to improve broker relations, the standard fee is 1% of the sales price. The goods listed for sale over the last month cost about 1,465,901,604.36 ISK to produce. If they were listed at the 69.24% return realized for the month, that 1% broker's fee would be 24,808,918.75 ISK. That would be just to list them once. It is likely they are listed for higher than they actually sell, and each time the price is adjusted down, it incurs another 100.00 ISK charge.
Anytime a sell expires and the item has to be re-listed, the broker's fees are incurred again.
This still leaves a loss of about 136,407,513.10 ISK unaccounted for.
Some of that could be losses from fluctuations in raw material prices. The corporation currently has 1,438,030,442.67 ISK in raw materials on hand. I am trying to draw that down, but I still want to keep enough materials on hand that manufacturing will be insulated from supply disruptions. Either way, it is hard to track the losses from the changes in market price. Though, it is something I'm going to try and tune the spreadsheets to detect it.
All in all, I am pleased with the month. I just feel the corp is not growing like I'd like. I want to plug these holes so the corp can put on more value and acquire more BPOs.
- Odinsdagrting had its biggest monthly sales with 1,505,359,083.81 ISK in total sales. That is 713,986,025.87 ISK in net sales, and a 69.24% return on the money invested in product.
- These banner sales produced a per share dividend of 85,622.54 ISK. This is 17.12% of par value (8.87% of book value).
While I am pleased with these numbers, the bad news causes me to stress. For the month of June, I will have to seriously focus on plugging our holes. With sales like this, I would expect a growth of 9.09%. Instead, the corp only grew by 2.48%.
This means the corporation lost about 199,152,800.91 ISK.
I can very easily see that we lost 37,936,369.06 ISK this month in failed invention jobs. The corporation spent 171,524,272.86 ISK on invention jobs but only produced BPCs worth 133,587,903.80 ISK.
The corporation doesn't currently track broker's fees, but it does cover them. Without skills or standings to improve broker relations, the standard fee is 1% of the sales price. The goods listed for sale over the last month cost about 1,465,901,604.36 ISK to produce. If they were listed at the 69.24% return realized for the month, that 1% broker's fee would be 24,808,918.75 ISK. That would be just to list them once. It is likely they are listed for higher than they actually sell, and each time the price is adjusted down, it incurs another 100.00 ISK charge.
Anytime a sell expires and the item has to be re-listed, the broker's fees are incurred again.
This still leaves a loss of about 136,407,513.10 ISK unaccounted for.
Some of that could be losses from fluctuations in raw material prices. The corporation currently has 1,438,030,442.67 ISK in raw materials on hand. I am trying to draw that down, but I still want to keep enough materials on hand that manufacturing will be insulated from supply disruptions. Either way, it is hard to track the losses from the changes in market price. Though, it is something I'm going to try and tune the spreadsheets to detect it.
All in all, I am pleased with the month. I just feel the corp is not growing like I'd like. I want to plug these holes so the corp can put on more value and acquire more BPOs.
Saturday, May 29, 2010
Odinsdagrting is Recruiting!!! NEW INCENTIVES!!!
Odinsdagrting is a publicly traded corporation. It currently has 3,200 shares outstanding with a book value of 3,017,841,960.42 (as of May 1st). Odinsdagrting pays out half of each month's profits in dividends. It is with the money from investors that the corporation finances its industry.
We are recruiting for a number of positions.
Sellers: Also called Gull Gaeta, our sellers are what moves the corporation. They are what makes joining Odinsdagrting more enjoyable than going into invention and manufacturing on your own. Gull Gaeta place orders with the manufacturing division for products to take to market and sell. Gull Gaetas are each assigned a market hub. They tend their corporate sell orders and are paid 25% commissions for their sales.
This activity is light-weight enough that the role of Gull Gaeta is perfect for someone interested in running missions. It is perfect for someone to make money with an alt to fund other activities, such as Faction Warfare.
Commissions for this month so far in Dodixie is 78,873,669.13 ISK. That is purely for tending corporate sell orders. This is 78 Million ISK in a month while you do other things such as run missions, anomalies, or mine.
And Dodixie is available for someone who wants to take over running sells out of that region. Jita and Oursulaert are also available, as are others.
Builders: This is the heart. Odinsdagrting is first and foremost an industrial corporation. We build things to sell for profit.
Builders are paid a 25% commission for each item that they build that sells. The beauty of this is, Builders don't have to run around to several different markets to sell their wares. Builders turn it over to the Gull Gaeta. This gives you more free time to do other things.
Mind you, you can be both a builder and a seller. This means you will take capital from someone else, build something off of blueprints from someone else, and be paid 50% of the profit. You don't need hundreds of millions of ISK to get into manufacturing.
Governors: With the introduction of Planetary Interaction, Odinsdagrting is looking to finance enterprising colony managers. We currently have 1 Billion ISK to invest in Planetary Command Centers. Again, you can get into this activity without needing lots of money yourself.
Miners: We are starting up a mining division. I don't want to be a miner, but I have committed to personally running bi-weekly ABC mining ops out of low sec. You may think it sounds dangerous. It is really just pure fun. We belong to the United Trade Syndicate. The Alliance Executor, Escoce, and myself are big fans of operating in low security space. We are willing to help you find ways to be safe.
Mission Runners: We are interested in those running missions for Minmatar or Gallente corporations. Honestly, I think the role of a seller perfectly fits a mission runner's lifestyle. But for those mission runners that just don't want to learn any trade skills, Odinsdagrting still has an interest in improving our standings.
Odinsdagrting has 0% tax. We will forever have 0% tax. This corporation is not like most. It is a business, with employees. And it doesn't make any sense to tax the employees.
Odinsdagrting doesn't offer a ship replacement program, but we will help mission runners get into ships. The corporation is willing to provide corp insured ships to mission runners for the 10% cost of the ship that is not covered by insurance. That 10% cost is lowered as your standings increase with the faction of your choice.
We also offer employees our products near cost.
We have money, we just need people to put it to work. And we want to share the work so no one person has to spend all of their time station spinning. If you are interested, please feel free to contact me in this thread, in game, or at vol.jbolaz@gmail.com.
We are recruiting for a number of positions.
Sellers: Also called Gull Gaeta, our sellers are what moves the corporation. They are what makes joining Odinsdagrting more enjoyable than going into invention and manufacturing on your own. Gull Gaeta place orders with the manufacturing division for products to take to market and sell. Gull Gaetas are each assigned a market hub. They tend their corporate sell orders and are paid 25% commissions for their sales.
This activity is light-weight enough that the role of Gull Gaeta is perfect for someone interested in running missions. It is perfect for someone to make money with an alt to fund other activities, such as Faction Warfare.
Commissions for this month so far in Dodixie is 78,873,669.13 ISK. That is purely for tending corporate sell orders. This is 78 Million ISK in a month while you do other things such as run missions, anomalies, or mine.
And Dodixie is available for someone who wants to take over running sells out of that region. Jita and Oursulaert are also available, as are others.
Builders: This is the heart. Odinsdagrting is first and foremost an industrial corporation. We build things to sell for profit.
Builders are paid a 25% commission for each item that they build that sells. The beauty of this is, Builders don't have to run around to several different markets to sell their wares. Builders turn it over to the Gull Gaeta. This gives you more free time to do other things.
Mind you, you can be both a builder and a seller. This means you will take capital from someone else, build something off of blueprints from someone else, and be paid 50% of the profit. You don't need hundreds of millions of ISK to get into manufacturing.
Governors: With the introduction of Planetary Interaction, Odinsdagrting is looking to finance enterprising colony managers. We currently have 1 Billion ISK to invest in Planetary Command Centers. Again, you can get into this activity without needing lots of money yourself.
Miners: We are starting up a mining division. I don't want to be a miner, but I have committed to personally running bi-weekly ABC mining ops out of low sec. You may think it sounds dangerous. It is really just pure fun. We belong to the United Trade Syndicate. The Alliance Executor, Escoce, and myself are big fans of operating in low security space. We are willing to help you find ways to be safe.
Mission Runners: We are interested in those running missions for Minmatar or Gallente corporations. Honestly, I think the role of a seller perfectly fits a mission runner's lifestyle. But for those mission runners that just don't want to learn any trade skills, Odinsdagrting still has an interest in improving our standings.
Odinsdagrting has 0% tax. We will forever have 0% tax. This corporation is not like most. It is a business, with employees. And it doesn't make any sense to tax the employees.
Odinsdagrting doesn't offer a ship replacement program, but we will help mission runners get into ships. The corporation is willing to provide corp insured ships to mission runners for the 10% cost of the ship that is not covered by insurance. That 10% cost is lowered as your standings increase with the faction of your choice.
We also offer employees our products near cost.
We have money, we just need people to put it to work. And we want to share the work so no one person has to spend all of their time station spinning. If you are interested, please feel free to contact me in this thread, in game, or at vol.jbolaz@gmail.com.
Sunday, May 16, 2010
Odinsdagrting is Recruiting Missioneers and Industrialists
Missioneers, do you run missions for Minmatar or Gallente corporations? Do you want to avoid corporate taxes? Do you wish to have some extra income on the side?
If so, Odinsdagrting can help you. Odinsdagrting currently builds T1 and T2 Gallente ships and rigs. We employ Gull Gaetas, sellers, to sell the goods. Gull Gaetas earn a commission of their sales. This is a mostly passive income. You'd simply be responsible for posting sales and checking sale prices every two or three days.
To further help Missioneers, Odinsdagrting charges no corporate tax at all, nor will it ever. As a member of an alliance, Odinsdagrting is also much less likely to suffer the interruption of a war. Members also have access to corporation produced ships, modules, and rigs at or near production cost. Odinsdagrting would also purchase some salvage materials above market value.
Industrialists, and aspiring Industrialists, do you seek capital to back your invention and manufacturing? Do you seek capital to back your planetary exploration? Do you seek a distribution and supply network?
Odinsdagrting is seeking Industrialists (aspiring or not) to fill out the branches of invention and manufacturing that we don't currently cover. I could easily learn the skills to build other things, but I want to avoid spending too much of my time building a maddening number of items to sell. Splitting the load among a number of builders will hopefully see to it that we don't all spend our time loading copying, invention, and manufacturing jobs.
With the coming of Planetary Interaction, I'm also looking for people willing to explore and develop these activities. While we don't currently have an active mining division, that is not something I am opposed to if there is an interest, and the corporation would be more than happy to purchase raw materials above market price.
Who we are.
Odinsdagrting is a publicly traded corporation with 3,200 shares currently outstanding and a value of 3,017,841,960.42 (as of the first of May). Odinsdagrting pays out half of each month's profits in dividends.
When the corporation was formed, it was the intention to have two stock offerings. The first one was a private affair between myself and two other investors. We planned for a second, public offering when we felt we were readying to put that much capital to work. With some new members, that time may be near.
This is a copy of the forum thread.
If so, Odinsdagrting can help you. Odinsdagrting currently builds T1 and T2 Gallente ships and rigs. We employ Gull Gaetas, sellers, to sell the goods. Gull Gaetas earn a commission of their sales. This is a mostly passive income. You'd simply be responsible for posting sales and checking sale prices every two or three days.
To further help Missioneers, Odinsdagrting charges no corporate tax at all, nor will it ever. As a member of an alliance, Odinsdagrting is also much less likely to suffer the interruption of a war. Members also have access to corporation produced ships, modules, and rigs at or near production cost. Odinsdagrting would also purchase some salvage materials above market value.
Industrialists, and aspiring Industrialists, do you seek capital to back your invention and manufacturing? Do you seek capital to back your planetary exploration? Do you seek a distribution and supply network?
Odinsdagrting is seeking Industrialists (aspiring or not) to fill out the branches of invention and manufacturing that we don't currently cover. I could easily learn the skills to build other things, but I want to avoid spending too much of my time building a maddening number of items to sell. Splitting the load among a number of builders will hopefully see to it that we don't all spend our time loading copying, invention, and manufacturing jobs.
With the coming of Planetary Interaction, I'm also looking for people willing to explore and develop these activities. While we don't currently have an active mining division, that is not something I am opposed to if there is an interest, and the corporation would be more than happy to purchase raw materials above market price.
Who we are.
Odinsdagrting is a publicly traded corporation with 3,200 shares currently outstanding and a value of 3,017,841,960.42 (as of the first of May). Odinsdagrting pays out half of each month's profits in dividends.
When the corporation was formed, it was the intention to have two stock offerings. The first one was a private affair between myself and two other investors. We planned for a second, public offering when we felt we were readying to put that much capital to work. With some new members, that time may be near.
This is a copy of the forum thread.
Saturday, May 1, 2010
Ship Delivery Service
Odinsdagrting is starting a new ship delivery service.
We will deliver any frigate, destroyer, cruiser, or battlecruiser, with fittings even, to any station in any high sec or low sec system.
If anyone is interested, please contact me via Eve mail or at vol.jbolaz@gmail.com.
We will deliver any frigate, destroyer, cruiser, or battlecruiser, with fittings even, to any station in any high sec or low sec system.
If anyone is interested, please contact me via Eve mail or at vol.jbolaz@gmail.com.
Monthly Statement, April 2010
March broke the upward trend. April continues, performing with mixed numbers, but still off our high.
February sales were our strongest, with net sales totaling 633,546,589.60 ISK. March fell off that high with net sales totaling 486,098,107.30 ISK. While April's net sales are only 442,028,264.69 ISK, I do feel that April was a stronger month than March.
The manufacturing costs for March was 544,550,053.99 ISK. The same costs for April was 428,809,054.17 ISK. This means, we spent nearly 120 Million ISK less and only made 40 Million ISK less. We even had a return on our investment over 100%.
The thing that really separates April from March was corporate growth. The corporate growth for March was only 2.93%. This was the lowest monthly growth for the corporation. April was a comfortable 10.88%.
April is also exciting in that dividends paid out to shareholders over the life of the company now exceed the initial issuance price of the stock. The value of the company also broke the 3 billion ISK mark at 3,017,841,960.42 ISK.
February sales were our strongest, with net sales totaling 633,546,589.60 ISK. March fell off that high with net sales totaling 486,098,107.30 ISK. While April's net sales are only 442,028,264.69 ISK, I do feel that April was a stronger month than March.
The manufacturing costs for March was 544,550,053.99 ISK. The same costs for April was 428,809,054.17 ISK. This means, we spent nearly 120 Million ISK less and only made 40 Million ISK less. We even had a return on our investment over 100%.
The thing that really separates April from March was corporate growth. The corporate growth for March was only 2.93%. This was the lowest monthly growth for the corporation. April was a comfortable 10.88%.
April is also exciting in that dividends paid out to shareholders over the life of the company now exceed the initial issuance price of the stock. The value of the company also broke the 3 billion ISK mark at 3,017,841,960.42 ISK.
Monday, March 1, 2010
Monthly Statement, February 2010
Sales continue to grow.
February saw 1,447,028,349.56 in total sales with net sales of 633,546,589.60 ISK. The continued steady growth in sales, and of Odinsdagrting, surprises me month after month. I am optimistic that March will be bigger still.
While the raw number of 1.4 Billion in sales is impressive. There is some good and bad news around that. The good news is, that was done in the short month of February, with the last two weeks of the month disrupted by moves.
The bad news is, production and invention were, and continue to be, negatively impacted. Odinsdagrting began a move from Alf to Eram. Just as we were settling into Eram, it was decided we could better integrate with and help the United Trade Syndicate if we moved to Essence. ODNDT now has its headquarters in Yona.
February saw use of an incentive to have others haul raw materials to our production facility. As a result, the corporation now pays five to ten percent above market prices for raw materials. This does cut into profits, but margins are large enough to absorb this. An incentive being introduced in March will be paying for research and manufacturing slots. Again, this should be small enough to be absorbed by the margins. It will be factored in before the dividend is determined.
As to the dividend for February, it was an impressive 98,991.65 ISK per share. That is a 19.80% return on the par value of the stock and a 12.03% return on the current book value of the stock of 822,662.76 ISK.
The company has a whole grew by 10.19% to a net value of 2,632,520,818.97 ISK.
The planned stock issuing has been postponed. We will have a second stock offering, but we've decided to wait until we are ready to spin up a second production line. This will not be during March.
February saw 1,447,028,349.56 in total sales with net sales of 633,546,589.60 ISK. The continued steady growth in sales, and of Odinsdagrting, surprises me month after month. I am optimistic that March will be bigger still.
While the raw number of 1.4 Billion in sales is impressive. There is some good and bad news around that. The good news is, that was done in the short month of February, with the last two weeks of the month disrupted by moves.
The bad news is, production and invention were, and continue to be, negatively impacted. Odinsdagrting began a move from Alf to Eram. Just as we were settling into Eram, it was decided we could better integrate with and help the United Trade Syndicate if we moved to Essence. ODNDT now has its headquarters in Yona.
February saw use of an incentive to have others haul raw materials to our production facility. As a result, the corporation now pays five to ten percent above market prices for raw materials. This does cut into profits, but margins are large enough to absorb this. An incentive being introduced in March will be paying for research and manufacturing slots. Again, this should be small enough to be absorbed by the margins. It will be factored in before the dividend is determined.
As to the dividend for February, it was an impressive 98,991.65 ISK per share. That is a 19.80% return on the par value of the stock and a 12.03% return on the current book value of the stock of 822,662.76 ISK.
The company has a whole grew by 10.19% to a net value of 2,632,520,818.97 ISK.
The planned stock issuing has been postponed. We will have a second stock offering, but we've decided to wait until we are ready to spin up a second production line. This will not be during March.
Subscribe to:
Posts (Atom)
Posts
