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FastLearner
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Posted - 2007.05.26 02:02:00 -
[1]
I intend this thread to be used to maintain a record of Fury's weekly results - plus to hold a slightly more detailed breakdown of the last week's results. This opening post will be used to maintain a summary of weekly performance - the second post should always contain the most recent report/update. Historical reports will, of course, be spread throughout the thread amongst any comment that anyone may make.
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FastLearner
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Posted - 2007.05.26 02:02:00 -
[2]
*Reserved*
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FastLearner
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Posted - 2007.05.26 02:03:00 -
[3]
*Reserved*
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FastLearner
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Posted - 2007.05.26 02:29:00 -
[4]
Results for Week 19th - 26th May 2007.
Net Asset Value at start of week : 12.0 Billion ISK
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.027 Billion POS : 999 million
Stock Minerals : 2.408 Billion T2/Named/Ships : 4.443 Billion
Miscellaneous Odds and Ends :710 Million
Cash In Wallet : 1.506 Billion Escrow : 617 Million
Total : 12.71 Billion
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Total Profit for week : 710 million
Salary : 355 million Distributed Dividend : 177.5 million (1.48%) Reinvested in Corporation : 177.5 million (1.48%)
Total profit for shareholders (dividend + growth) : 2.96%
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Share in circulation : 12000 Net Asset Value for period commencing 27th May 2007 : 12.1775 billion NAV per share for period commencing 27th May 2007 : 1.0178 million Buy-back per share : 0.964 million
New shares being issued this period : 1500 Price per share : 1.055 million
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Report
A slow but steady start. Obviously profits would be below usual this week - as it's less than a full week and some shares weren't even sold until the middle of it. Profits were further affected by the server problems on thursday (which caused a freighter convoy to be cancelled - leaving stock stranded in high-sec for a while. I also had my first ever default on a courier mission: while inconvenient, a small profit was made for shareholders from the collateral (which was, as always, more than the goods being hauled were worth).
A further 1500 shares (bit over 1.5 billion worth) are being issued this week. These are being issued, as noted in my original IPO, at NAV/share + 4% (they will receive dividends at the end of next period). This expansion is being used to fund a new production line (which looks promising) and to slightly expand stock on market. Initial intention had been for a larger trenche of shares this week - but delays in getting the original stock to market means I'm not yet clear on whether some lines are worth investing properly in or not.
At this stage there is no public offering on these shares - they're being offered to current shareholders and to people who missed the cut-off on the first sales. Should they not all sell in the next few days by those means, then the remainder will be made available to the public.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.06.02 06:23:00 -
[5]
Results for Week 26th May - 2nd June 2007.
Net Asset Value at start of week : 13.6998 Billion ISK NOTE: For clarity of reporting, the new shares issued this week are treated as though they existed at the start of the week with the same NAV as the remainder of the shares.
1500 New shares were issued this week at a price of NAV +4%.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.027 Billion POS : 999 million
Stock Minerals : 3.284 Billion T2/Named/Ships : 5.393 Billion
Miscellaneous Odds and Ends : 800 Million
Cash In Wallet : 1.263 Billion Escrow : 627 Million Bills Receivable 240 Million (Stock on contract to alliance member)
Total : 14.633 Billion
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Total Profit for week : 933.2 million
Salary : 466.6 million Distributed Dividend : 233.3 million (1.7%) Reinvested in Corporation : 233.3 million (1.7%)
Total profit for shareholders (dividend + growth) : 3.4%
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Share in circulation : 13500 Net Asset Value for period commencing 27th May 2007 : 13.9331 billion NAV per share for period commencing 27th May 2007 : 1.032 million Buy-back per share : 0.9805 million
New shares being issued this period : 0 Price per share : N/A
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Report
A small increase in profits this period. Unfortunately the new investment largely didn't get put into play. As stated last week, the main intended use for this trenche of investment was to develop a new production line. I was initially let down by a mineral supplier and then had the misfortune to pick a freighter pilot to haul minerals for me who never accepted the contract after we'd agreed price etc. End result being that I still have a pile of minerals sitting in Jita rather than at my production facilities. I'll try for an alternative freighter pilot over the weekend - if that fails I'll just bite the bullet and use my own freighter. I rarely haul from Jita myself - as I need the freighter on an almost daily basis in 0.0. If reliable freighter pilots prove to be consistently hard to find then I'll end up buying a second one, leave it in high-sec and pod-jump the freighter pilot back and forth as needed.
Sales were up on last week - in fact they increased by more than the results might suggest as a fair few of my stock items dropped in price in Jita, resulting in a reduction of my valuation of existing stock for the purposes of reporting.
There will be no new shares on sale this week - I have no intention of entering my next phase of expansion until the new production line in high-sec is properly running. If I get reliable mineral deliveries for that sorted this week, then next week I would anticipate issuing 1500 - 2500 new shares to expand my reselling business to my second chosen sales location. All of those shares are already pre-booked, should they be issued, so there will be no public sale anyway.
I am also aiming to get FHOLD listed on both of the Stock Exchanges in June - at which point buy-backs (which noone has requested yet) will be handled through them. I should note that what I offer is NOT technically a buy-back -as it's not Fury Holdings rebuying the shares, rather me offering to buy them from my personal wallet.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.06.09 11:04:00 -
[6]
Edited by: FastLearner on 09/06/2007 11:08:51 Results for Week 2nd June - 9th June 2007.
Net Asset Value at start of week : 13.933 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.027 Billion POS : 999 million
Stock Minerals : 2.859 Billion T2/Named/Ships : 6.516 Billion
Miscellaneous Odds and Ends : 820 Million
Cash In Wallet : 1.295 Billion Escrow : 481 Million Bills Receivable 51 Million (Stock on contract to alliance members)
Total : 15.048 Billion
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Total Profit for week : 1114.9 million
Salary : 557.45 million Distributed Dividend : 278.725 million (2%) Reinvested in Corporation : 278.725 million (2%)
Total profit for shareholders (dividend + growth) : 4.0%
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Share in circulation : 13500 Net Asset Value for period commencing 9th June 2007 : 14.212 billion NAV per share for period commencing 9th June 2007 : 1.0527 million Buy-back per share : 1.0 million
New shares being issued this period : 1500 Price per share : 1.094
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Report
Steady trading this week, passing the 1 billion profit mark for the first time. Hopefully profit will stay above that mark - and press on upwards. A couple of reliable freighter pilots have been found, solving the transportation problems encountered last week. This should ensure that the current Empire war-dec vs our alliance has no impact on performance - the primary business of reselling T2 would be unaffected anyway.
Another small batch of shares are being issued this week - to finance expansion to a second marketting location. Only a selected subset of my usual products will be sold at this location - to take account of existing sellers in the market. For logistic reasons it's unlikely that sales at this new location will come online until the very end of the week - so don't expect a major bump in profits this week. You'll note that, as is my usual practice, new shares are issued at NAV + 4% : hence they finance their own dividend/growth for the first week while the associated capital injection is being put into play.
Fury Holdings now has it's own capital ship. While the ship itself isn't included in the IPO, cyno fuel WILL be purchased by Fury Holdings for it - but only for use in jumping Fury Holdings stock. Fury Holdings will also cover the cost of disposal cyno ships for a dedicated alt to be used for jumping stock to the new market system.
1500 new shares are being issued this week at a price of 1.094 million each. As I still control a majority of shares the vote for new shares to be created will definitely pass.
My buyback offer at 95% of NAV is now at 1.0 million per share - meaning original investors could now sell back shares to me at their purchase price and walk away with a 5.27% profit for the three weeks the company has been running. To date noone has requested that I buy-back shares from them.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.06.15 16:27:00 -
[7]
Results for Week 9th June - 15th June 2007.
Net Asset Value at start of week : 15.791 Billion ISK
1500 new shares were issued this week. As is my usual practice, the NAV at start of week includes the newly issued shares valued at the same NAV/share as previously existing shares.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.343 Billion POS : 999 million
Stock Minerals : 3.366 Billion T2/Named/Ships : 7.64 Billion
Miscellaneous Odds and Ends : 770 Million
Cash In Wallet : 1.215 Billion Escrow : 676 Million
Total : 17.009 Billion
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Total Profit for week : 1.218 billion
Salary : 609 million Distributed Dividend : 304.5 million (1.93%) Reinvested in Corporation : 304.5 million (1.93%)
Total profit for shareholders (dividend + growth) : 3.86%
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Share in circulation : 15000 Net Asset Value for period commencing 16th June 2007 : 16.0955 billion NAV per share for period commencing 16th June 2007 : 1.073 million Buy-back per share : 1.01935 million
New shares being issued this period : 0
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Report
Steady trading again this week. 1320 of the 1500 new shares issued were sold - I purchased the remaining 180 myself to keep accounting simple. It wasn't that there was a lack of interest in the shares - I turned people away who wanted to buy - it was simply a case that some people who had asked for shares (and who I'd reserved shares for) never came up with the cash in time.
Stock has been purchased and moved to 0.0 for the new sales outlet. As mentioned in my last report, there are logistic issues with initial stocking of the location - however it is anticipated that it will be stocked and functioning by the end of the weekend.
Next week is patch week - with one day scheduled for the update and every chance of extended further downtimes thereafter if problems with deployment arise. Obviously, if there is substantial downtime, profits for the week will suffer.
The actual changes in this patch should have negligible effects on the profitability of Fury Holdings. I will now briefly address the main relevant changes - and explain why they shouldn't significantly impact our profitability:
T2 Ammo: This being inventable MAY drop t2 ammo prices - however we don't stock or sell T2 ammo so should be unaffected.
T2 Drones : We do stock these, however I have been keeping stock-levels very low (especially on Hammerheads which are the ones most likely to take a big price hit). It's possible that a slight drop in the selling price of other T2 drones may be necessary (currently selling them at 50-100% markup) - but these form a very small part of our turnover.
Minerals : Like everyone else with half a brain I already have a decent stockpile of Zydrine - which is the mineral rising in price the most. I don't anticipate any huge increase in mineral prices across the board (not to the extent when tier 2 BCs and tier 3 BS were introduced) but as prices are more likely to rise than fall I have stocked up higher on minerals than usual. Ultimately the T1 goods I build with the minerals have their price set relative to the cost of building them - so if mineral prices rise, so will my selling prices to maintain a similar profit margin.
T2 Modules : The patch doesn't appear to have any wide-ranging effect on the manufacture of these. Prices will most likely continue to fall slowly as stockpiled RPs get converted into Datacores. Luckily the market in 0.0 isn't all that responsive to price drops in Jita - so even a moderate sharp drop would only hit profits temporarily on the books (where Fury Holdings loses NAV when I mark down the value of stock - then gains it back when sales generate an increased profit). There ARE a few exceptions to this - e.g. EANM IIs may well lose value due to demand falling faster than production as the fitting nerf-bat hits.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.06.15 16:29:00 -
[8]
In conclusion - other than the downtime I don't see the patch negatively impacting to any significant extent on profitability.
While there ARE a few new markets I may move into after the patch, the capital needed for these is minimal. Accordingly, there will be no new shares issued this week.
Dividend will be paid shortly - I've done it half a day early this week as I'm not certain what time I'll be around tomorrow: and I needed to do a proper stock-take today anyway for reasons unrelated to this report.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.06.22 18:56:00 -
[9]
Results for Week 16th June - 22nd June 2007.
Net Asset Value at start of week : 16.0955 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.343 Billion POS : 999 million
Stock Minerals : 3.463 Billion T2/Named/Ships : 7.480 Billion
Miscellaneous Odds and Ends : 985 Million
Cash In Wallet : 1.428 Billion Escrow : 545 Million
Total : 17.243 Billion
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Total Profit for week : 1.1475 billion
Salary : 573.75 million Distributed Dividend : 286.875 million (1.78%) Reinvested in Corporation : 286.875 million (1.78%)
Total profit for shareholders (dividend + growth) : 3.56%
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Share in circulation : 15000 Net Asset Value for period commencing 23rd June 2007 : 16.3824 billion NAV per share for period commencing 23rd June 2007 : 1.0922 million Buy-back per share : 1.0376 million
New shares being issued this period : 0
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Report
Patch week - so only 6 days trading instead of 7: and results reflect that. Sales were actually VERY weak on Wednesday (the day after the patch) before getting back to normal on Thursday. If the week's results are scaled up (multiplied by 7/6) then projected dividend would have been about 2.07%.
The new sales location performed pretty dismally - if it continues the same way I'll move it a few jumps (slightly messier logistics - but worth it for more sales). The high-sec production, on the other hand, contributed nicely this week, generating around 175 million ISK profit from around 1 billion ISK tied up in BPOs/minerals.
I'm optimistic dividend next week will get back above 2%.
No new shares are being issued this week. There will be some small investment in additional BPOs but the ISK reinvested for growth can cover that for now.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.06.29 22:00:00 -
[10]
Results for Week 23rd June - 29th June 2007.
Net Asset Value at start of week : 16.3823 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.483 Billion POS : 999 million
Stock Minerals : 2.874 Billion T2/Named/Ships : 7.632 Billion
Miscellaneous Odds and Ends : 935 Million
Cash In Wallet : 1.785 Billion Escrow : 660 Million Bills Receivable : 280 million (in fact 240 of this was paid just after I finished doing my weekly accounts)
Total : 17.648 Billion
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Total Profit for week : 1.266 billion
Salary : 633 million Distributed Dividend : 316.5 million (1.93%) Reinvested in Corporation : 316.5 million (1.93%)
Total profit for shareholders (dividend + growth) : 3.86%
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Share in circulation : 15000 Net Asset Value for period commencing 23rd June 2007 : 16.7 billion NAV per share for period commencing 23rd June 2007 : 1.1133 million Buy-back per share : 1.0576 million
New shares being issued this period : 0
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Report
Trading picked up a bit after last week - though not quite as much as I'd have liked. I've been facing increasing competition - largely, I think, from people dabbling in invention. Local political developments prevented me moving my second sales base - though sales at it DID pick up a bit this week. Sales in general were better in the second half of the week than in the first half.
Not much else to report really - other than 160 million worth of stock vanishing into limbo due to a buggy contract (which wasn't visible to either me or the recipient). Contract finally showed up today though, and the stock is now safely back in the hangar - after I'd wasted hours trying to work out where the items had vanished to.
There's no plans to release new shares this week.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.07.06 16:57:00 -
[11]
Edited by: FastLearner on 06/07/2007 16:58:10 Results for Week 30th June - 6th July 2007.
Net Asset Value at start of week : 16.7 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.483 Billion POS : 999 million
Stock Minerals : 2.53 Billion T2/Named/Ships : 8.733 Billion
Miscellaneous Odds and Ends : 895 Million
Cash In Wallet : 1.804 Billion Escrow : 588 Million
Total : 18.032 Billion
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Total Profit for week : 1.332 billion
Salary : 666 million Distributed Dividend : 333 million (1.99%) Reinvested in Corporation : 333 million (1.99%)
Total profit for shareholders (dividend + growth) : 3.98%
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Share in circulation : 15000 Net Asset Value for period commencing 23rd June 2007 : 17.033 billion NAV per share for period commencing 23rd June 2007 : 1.1355 million Buy-back per share : 1.079 million
New shares being issued this period : 0
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Report
Didn't QUITE manage to get dividend back over 2% - but very close. Trading volume was up quite a lot on previous weeks, but reduction in profit margins due to increased competition didn't convert that into a similar change in profits. Would still have got dividend back over 2% if not for a freighter delivery of minerals taking 3 days rather than the usual 1 (after I'd forgotten to contract it for 2 days) meaning production actually stopping for 2 days on some products.
I expect profits next week to be of similar scale to this week. At the end of the coming week, some more BPOs come out of research and production will be increased slightly - the growth from the last weeks will be enough to manage the mineral stocks for these, no no further investment is needed at this stage.
After the Rve 2 patch I bought some remote hull repper BPOs, and slung a few of each type or repper up on the Essence region markets (may as well make a few ISK while they're new). A week or so ago, competition started on medium ones, and I dropped my price to 99K each on them to clear my stock - or so I thought. Turns out I'd set them to 99 million each by mistake. As this isn't one of my "proper" product lines I wasn't bothering to monitor it - and only realised my mistake when I logged in to find the production alt's wallet up by 500 million and a mail from someone asking for some of his ISK back as he hadn't checked the price. Seems someone had a few beers then bought 5 of them at 99 million each. I refunded most of his ISK - otherwise profits would have been substantially higher this week. The individual involved was so grateful that he bought up all medium remote hull reppers in the region then contracted them all to me - so I STILL have a pile of the damned things to shift :)
Apologies to any share-holders who would have preferred me just to keep the ISK - but that's not the way I do business. I've no problems with hurting someone else's wallet through cleverness - but accidentally scamming someone because I typoed a sell order modification isn't my style.
There's no plans to release new shares this week.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.07.13 15:20:00 -
[12]
Results for Week 7th July 2007 - 13th July 2007.
Net Asset Value at start of week : 17.033 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.529 Billion POS : 999 million
Stock Minerals : 2.224 Billion T2/Named/Ships : 9.329 Billion
Miscellaneous Odds and Ends : 975 Million
Cash In Wallet : 1.722 Billion Escrow : 474 Million
Total : 18.252 Billion
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Total Profit for week : 1.219 billion
Salary : 609.5 million Distributed Dividend : 304.75 million (1.79%) Reinvested in Corporation : 304.75 million (1.79%)
Total profit for shareholders (dividend + growth) : 3.58%
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Share in circulation : 15000 Net Asset Value for period commencing 23rd June 2007 : 17.338 billion (rounded to naerest billion) NAV per share for period commencing 23rd June 2007 : 1.1559 million Buy-back per share : 1.098 million
New shares being issued this period : 0
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Report
A disappointing slump in profits this week - due primarily to local political events largely killing sales at one of my sales centres. I'd anticipate next week's profts being similar to this week's. The war-decs on our alliance by (mainly) Empire-dwelling pirates had (and will continue to have) no effect - our sales are mainly in 0.0 and the risky hauling from Jita is all done via public courier contracts (with 110% collateral of course) or by contracted out freightering for minerals.
There are two major initiatives being carried out by Fury Holdings in the near future: The launch of a bank and (hopefully) expansion to a third selling location with relocation of the current struggling second one.
Full information on the bank will be published here on the weekend - although it's services are targetted mainly at members of my own alliance. Bullet points for the bank being:
* Owned by Fury Holdings, with all profits distributed in the same manner as current profits. * No new shares in Fury Holdings being offered to finance it - if "seed" capital is needed then I'll provide that myself by depositing in the same way as anyone else. * Interest paid at rates not too much below that received from many current Bond offers - but with much faster access to ISK for withdrawal. * Loans available if collateral provided, with the repayment period being dynamic rather than preset. * Loans also provided without collateral if a guarantor is provided - however this option will only be available to members of my alliance.
The bank should increase profits for Fury Holdings share-holders, provide a service to my alliance and the wider public - and, of course, line my pockets a bit in the process.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.07.20 02:13:00 -
[13]
Results for Week 14th July 2007 - 29th July 2007.
Net Asset Value at start of week : 17.338 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.579 Billion POS : 999 million
Stock Minerals : 3.012 Billion T2/Named/Ships : 9.149 Billion
Miscellaneous Odds and Ends : 935 Million
Cash In Wallet : 5.852 Billion Escrow : 633 Million
Sub-Total : 23.159 Billion
Liabilities : (4.45 billion)
Total : 18.709 billion
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Total Profit for week : 1.371 billion
Salary : 685.5 million Distributed Dividend : 342.75 million (1.97%) Reinvested in Corporation : 342.75 million (1.97%)
Total profit for shareholders (dividend + growth) : 3.95%
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Share in circulation : 15000 Net Asset Value for period commencing 23rd June 2007 : 17.681 billion (rounded to nearest million) NAV per share for period commencing 23rd June 2007 : 1.1559 million Buy-back per share : 1.12 million
New shares being issued this period : 0
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Report
Bit of an improvement on last week. Sales were very wierd this week - quiet over last weekend, then very busy monday/tuesday then gone quiet again.
Main news this week was the launch of Fury Bank - which will increase operating capital for Fury Holdings and allow diversification into less profitable markets without diluting share-holder equity. Investment in the bank so far has been modest (4.45 billion) but as advertising/publicty has been negligible that was expected (and, actually wanted). There'd be no point taking more investment than could be usefully deployed. Over the weekend I'll put most of the current investment to work (not all - some has to be kept back to cover withdrawals) then I'll start the drive for more investment.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.07.27 00:21:00 -
[14]
Results for Week 20th July 2007 - 26th July 2007.
Net Asset Value at start of week : 17.681 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.579 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 3.570 Billion T2/Named/Ships : 9.916 Billion
Miscellaneous Odds and Ends : 910 Million
Cash In Wallet : 5.79 Billion Escrow : 736 Million Bills Receivable : 11 million
Sub-Total : 25.411 Billion
Liabilities : (6.275 billion)
Total : 19.136 billion
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Total Profit for week : 1.455 billion
Salary : 727.5 million Distributed Dividend : 363.75 million (2.06%) Reinvested in Corporation : 363.75 million (2.06%)
Total profit for shareholders (dividend + growth) : 4.11%
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Share in circulation : 15000 Net Asset Value for period commencing 28th July 2007 : 18.045 billion (rounded to nearest million) NAV per share for period commencing 28th July 2007 : 1.203 million
New shares being issued this period : 0
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Report
This week sees the highest weekly profit yet - both in absolute terms and as a percentage of NAV. Didn't really see anything too special happen - and I was surprised when profits were as high as they are (it felt like a 1.9% week to me). Guess the small profits resulting from Fury Bank coming online pushed it up a bit more than I'd expected.
Deposits have been slowly trickling into the Bank - but no sign of anyone wanting a loan yet. Which is all good - as the current level of deposits is small enough that I can easily use it myself to bolster Fury Holdings profits.
Weekly reports will no longer contain a "buy-back" value. I will now extend a 100% of NAV buyback offer to anyone who wants to sell their Fury Holdings shares - if I don't have enough ISK myself, I can always take a loan out from Fury Bank to do it :) Not that I'm anticipating a rush to sell FH shares - to date noone has tried to sell theirs back.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.08.03 00:10:00 -
[15]
Results for Week 28th July 2007 - 3rd August 2007.
Net Asset Value at start of week : 18.045 Billion ISK
No new shares were issued this week.
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.759 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 4.167 Billion Modules/Ships : 11.83 Billion
Miscellaneous Odds and Ends : 930 Million
Cash In Wallet : 3.684 Billion Escrow : 868 Million
Sub-Total : 26.137 Billion
Liabilities : (6.57 billion)
Total : 19.567 billion
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Total Profit for week : 1.522 billion
Salary : 761 million Distributed Dividend : 380.5 million (2.11%) Reinvested in Corporation : 380.5 million (2.11%)
Total profit for shareholders (dividend + growth) : 4.22%
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Share in circulation : 15000 Net Asset Value for period commencing 28th July 2007 : 18.425 billion (rounded to nearest million) NAV per share for period commencing 28th July 2007 : 1.2283 million
New shares being issued this period : 0
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Report
This week, again, sees the highest weekly profit yet - both in absolute terms and as a percentage of NAV. I won't bother commenting on that again - as hopefully it'll become a common trend.
There's still been no requests for loans from the bank - so most of the deposit has been applied to increasing the breadth and depth of stock. A fair chunk of the new stock has yet to hit the market (would guesstimate about 2 billion worth), so I'm optimistic profits will rise even higher next week. I also moved the location of my second sales point at the start of this week, which cost maybe half a days sales on that. I've identified even more product lines to exand into - so will be making a proper push to increase deposits in the bank during the next week.
In a few weeks time I intend to open a third sales location. If bank deposits are not sufficient to cover stock for that then I may consider issuing a fixed-term bond - giving a higher rate of return than bank deposits but with a reduced rate buy-back if exercised before it's scheduled end. There's no benefit to Fury Holdings shareholders in me releasing more Fury Holdings shares - all that would happen is that current bank depositors would withdraw and buy them. That would leave total capital available the same - so not solve the issue at hand. I have only myself to blame for that dilemma - Fury Holdings gives good profits AND 100% buy-back on demand: so it's a no-brainer to shift funds from the bank to there if the opportunity were offered.
Onwards and upwards we head.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.08.10 05:43:00 -
[16]
Edited by: FastLearner on 10/08/2007 05:45:28 Results for Week 4th August 2007 - 10th August 2007.
Net Asset Value at start of week : 18.425 Billion ISK
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.759 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 3.813 Billion Modules/Ships : 13.158 Billion
Miscellaneous Odds and Ends : 890 Million
Cash In Wallet : 4.203 Billion Escrow : 889 Million
Sub-Total : 27.611 Billion
Liabilities : (7.625 billion)
Total : 19.986 billion
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Total Profit for week : 1.561 billion
Salary : 780.5 million Distributed Dividend : 390.25 million (2.12%) Reinvested in Corporation : 390.25 million (2.12%)
Total profit for shareholders (dividend + growth) : 4.24%
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Share in circulation : 15000 Net Asset Value for period commencing 11th August 2007 : 18.815 billion (rounded to nearest million) NAV per share for period commencing 11th August 2007 : 1.2543 million
New shares being issued this period : 0
----------
Report
This week sees another milestone reached: after 12 weeks of running Fury Holdings has now reached 50% of initial investment returned to shareholders as profit (half in dividends, the other half in increased share value). I believe the increased share value CAN be counted as profit - as i offer a buy-back to investors at 100% of current NAV. This week also saw the first instance of me buying back an investor's shares.
Profits were very similar to last week's - the week was actually busier than the previous one, but marking down the value of some T2 stock (due to lowered prices in Jita) trimmed profits back to similar to the previous week. I also had my second courier mission which wasn't completed - 700 million worth of stock. As there was an 800 million collateral on it it wasn't a disaster for Fury Holdings (it probably was for the hauler - who I assume got suicide ganked). If anyone is wondering why I was using courier contracts when Fury Holdings have a high-sec freighter the answer is that I only use the freighter for major hauling once per week - when I move all mineral requirements and the bulk of stock for the week. Mid-week top-up orders are still done by courier contract.
I never did get around to properly promoting Fury Bank last week - partly because of being busier than usual in RL, partly because there's no urgent need for more deposits (and the associated admin). Deposits in the bank were at 7.625 billion when I prepared the end of week results - they've now grown to over 8 billion (part of the growth being me depositing most of my own salary from Fury Holdings).
I'd expect next week's results to be similar to this week's - hopefully on the better side of "similar".
I believe the upturn in Fury Holdings profits in the last 3 weeks justifies my offering 1.4% interest on deposits (some people questioned how I could manage that when 20% of deposits were left as cash).
|

FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.08.16 22:33:00 -
[17]
Results for Week 11th August 2007 - 17th August 2007.
Net Asset Value at start of week : 18.815 Billion ISK
----------
Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.759 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 5.118 Billion Modules/Ships : 14.697 Billion
Miscellaneous Odds and Ends : 860 Million
Cash In Wallet : 3.238 Billion Escrow : 902 Million
Sub-Total : 29.473 Billion
Liabilities : (9.025 billion)
Total : 20.448 billion
----------
Total Profit for week : 1.633 billion
Salary : 816.5 million Distributed Dividend : 408.25 million (2.17%) Reinvested in Corporation : 408.25 million (2.17%)
Total profit for shareholders (dividend + growth) : 4.34%
---------
Share in circulation : 15000 Net Asset Value for period commencing 18th August 2007 : 19.223 billion (rounded to nearest million) NAV per share for period commencing 18th August 2007 : 1.2815 million
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Report
Report's a bit earlier than usual this week - as I know I have busy day of RL work tomorrow, so getting it out of the way while I have the chance. Seems like I've settled into doing reports/dividends every week - despite my initial statement that I'd do them every week or two. Just reminding investors of that in case I ever decide to skip a week.
Profits continued their upward trend this week - as did my salary (first week when my salary + dividends + interest from my own bank deposits exceeded 1 billion). I can't see any reason why profits next week should be substantially any different to those this week. Deposits in Fury Bank should pass the 10 billion mark in the next week - still no signs of any loans though. Deposits are nearing the limit of what I can usefully employ in my current sales/manufacture, so guess it's time for me to sort out next area of expansion.
Nothing much of interest happened this week. Anyone who actually pays attention to this may notice that I have rather a lot more minerals than is usual - that's just a result of the stock-take occurring right after a major mineral purchase. Usually a chunk of those minerals minerals would be put into production before I produced the weekly report - at which time they disappear from minerals and show up as ships/modules (anything in build I list as though it were built - the extra admin to track "in build" just isn't worth the hassle).
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.08.16 22:38:00 -
[18]
Forgot to mention it in main report - so it can have a post of it's own.
Fury Holdings has now hit it's 3-month mark (91 days running is as near as damn it 3 months).
Total profit for shareholders in first 3 months is 56.3% of initial investment. Not too shabby if I do say so myself.
|

Ezoran DuBlaidd
Rivers Enterprises Power Corrupts Industry's
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Posted - 2007.08.16 23:17:00 -
[19]
Originally by: FastLearner Forgot to mention it in main report - so it can have a post of it's own.
Fury Holdings has now hit it's 3-month mark (91 days running is as near as damn it 3 months).
Total profit for shareholders in first 3 months is 56.3% of initial investment. Not too shabby if I do say so myself.
do you guys have anything up on the RESX site, shares-wise? |

FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.08.16 23:29:00 -
[20]
Originally by: Ezoran DuBlaidd
Originally by: FastLearner Forgot to mention it in main report - so it can have a post of it's own.
Fury Holdings has now hit it's 3-month mark (91 days running is as near as damn it 3 months).
Total profit for shareholders in first 3 months is 56.3% of initial investment. Not too shabby if I do say so myself.
do you guys have anything up on the RESX site, shares-wise?
I'm not aware of anyone currently trying to sell their shares (I offer a buyback at 100% of NAV). I also have a fairly long list of people after any shares which becoime available (i.e. most of current investors, a bunch of alliance mates and even random people I don't know who mail me asking for them). I DID contact RESX asking about getting a listing when the IPO started - but got no reply. Now there's little urgency - noone's selling, and if they did sell I'd rather they just sold back to me :)
There won't be any new share issues in the forseeable future - it's just not in the interests of current shareholders when I'm getting the extra capital to expand from Fury Bank deposits and only having to pay 5.4% per month for it (which isn't much more than some other IPOs pay - just with immediate withdrawal etc).
I'll be interested to see what the shares go for if someone ever auctions them off - so far only two people have sold their shares: one lot I got, the other lot I was going to buy then relented and let someone who'd been after shares for a while buy them.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.08.24 21:53:00 -
[21]
Results for Week 18th August 2007 - 24th August 2007.
Net Asset Value at start of week : 19.223 Billion ISK
----------
Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 2.759 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 4.494 Billion Modules/Ships : 14.648 Billion
Miscellaneous Odds and Ends : 1.145 Million
Cash In Wallet : 4.946 Billion Escrow : 1.084 Million
Sub-Total : 30.975 Billion
Liabilities : (10.016 billion)
Total : 20.959 billion
----------
Total Profit for week : 1.736 billion
Salary : 868 million Distributed Dividend : 434 (2.26%) Reinvested in Corporation : 434 million (2.26%)
Total profit for shareholders (dividend + growth) : 4.52%
---------
Share in circulation : 15000 Net Asset Value for period commencing 25th August 2007 : 19.657 billion (rounded to nearest million) NAV per share for period commencing 25th August 2007 : 1.31 million
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Report
Another week with decent profits. I've been very busy with RL this week - with limited net access. So my access to Eve has been pretty much down to once per day for an hour or two when I've updated my buy/sell orders, dealt with correspondence etc. Because of this, the percentage of total funds in cash is higher than usual - as I've missed my usual end of week major restock (both on modules and on minerals for my high-sec production which is now low on some minerals). That will, of course, be remedied over the weekend.
Still no sign of any loan requests for the bank (not surprising given I don't advertise it), but deposits edged just over the 10 billion mark (10.016 billion when I compiled weekly results, 10.7 billion or so now). With a competitor bank launching soon (E-Bank) it'll be interesting to see how the increased awareness for Eve banking they'll generate due to the higher profile of their board of directors will translate into new customers for both of us. Reducing time spent on things like boards of directors is, of course, one of the reasons I can offer double the interest rate they do. There's definitely a market for multiple banks with different benefits for their customers - so I see a respectable competitor like them as probably a benefit to Fury Bank.
The level of RL work I've had this weeks means there's no major developments happened in expansion to either of Fury Holdings or Fury Bank. I'll continue to be busy with RL work next tuesday/wednesday (monday is a bnak holiday here) after which I should be back to my usual situation of spending most of the day playing Eve at work.
If anyone is interested in selling their shares, a current shareolder is now offering 5% over NAV for them. He hasn't stated how many he'll buy - I'd guess 2-3 billion worth at minimum. I'm happy to act as a middleman for no charge in any such share transfers - with it being shares in my own IPO there should be no trust issues from the purchaser towards me.
I will, of course, continue to buy back any shares at NAV if anyone would rather do that. It looks like, after next week, investors will have received back 2/3 of their initial investment (in dividends + NAV growth) in around 3.5 months.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.08.30 14:30:00 -
[22]
Edited by: FastLearner on 30/08/2007 14:34:52 Results for Week 25th August 2007 - 31st August 2007.
Net Asset Value at start of week : 19.657 Billion ISK
----------
Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 3.921 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 5.067 Billion Modules/Ships : 15.938 Billion
Miscellaneous Odds and Ends : 1.11 Million
Cash In Wallet : 4.185 Billion Escrow : 1.313 Billion
Sub-Total : 33.433 Billion
Liabilities : (12.121 billion)
Total : 21.312 billion
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Total Profit for week : 1.655 billion
Salary : 827.5 million Distributed Dividend : 413.75 (2.1%) Reinvested in Corporation : 413.75 million (2.1%)
Total profit for shareholders (dividend + growth) : 4.21%
---------
Share in circulation : 15000 Net Asset Value for period commencing 1st September 2007 : 20.071 billion (rounded to nearest million) NAV per share for period commencing 1st September 2007 : 1.338 million
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Report
The report this week is a day early. I have a lot of stock to move around over the next few days - so I've done the week's accounting a day early while it's still easy to do.
Profits are down slightly from last week - which could easily be a direct result of doing accounts slightly early (so missing out on a day's worth of profits). In addition to that factor, this week was also the one where the expensive offices were paid for (a once a month expense of over 100 million). Also some new BPOs were bought - resulting in an immediate loss on paper (I value T1 BPOs at NPC sales price - meaning if I buy a researched BPO for above that price there is an immediate drop in book value of the corporation's assets). Profits should be back up to the previous week's levels next week.
This week also sees a few milestones reached. Net Asset Value (NAV) of Fury Holdings has now passed the 20 billion mark and shareholders have now profitted by just over 2/3 of their initial investment in the 15 weeks Fury Holdings has been running.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.09.07 13:28:00 -
[23]
Results for Week 1st September 2007 - 7th September 2007.
Net Asset Value at start of week : 20.071 Billion ISK
----------
Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 5.921 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 4.854 Billion Modules/Ships : 16.673 Billion
Miscellaneous Odds and Ends : 1.07 Billion
Cash In Wallet : 3.645 Billion Escrow : 1.344 Billion
Sub-Total : 35.406 Billion
Liabilities : (13.529 billion)
Total : 21.877 billion
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Total Profit for week : 1.806 billion
Salary : 903 million Distributed Dividend : 451.5 million (2.25%) Reinvested in Corporation : 451.5 million (2.25%)
Total profit for shareholders (dividend + growth) : 4.5%
---------
Share in circulation : 15000 Net Asset Value for period commencing 8th September 2007 : 20.522 billion (rounded to nearest million) NAV per share for period commencing 8th September 2007 : 1.368 million
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Report
Profits are back up this week after last week's slightly low figure - despite increased competition on some items this week (which has probably cost about 150 million in reduced profits on some lines). Competition can't just be ignored in the reselling market - my usual aim is to make the market unattractive for them, even if that means taking a loss myself in the process. On a few lines the competition has been seen off - on others I'm currently selling at near zero margin waiting for them to undercut once more so I can buy up their stock and pump the price back up.
I've also run out of stock on a number of lines at my second sales site - an issue which will be fixed over the weekend. Another production line in high-sec comes online in the coming week which should add a bit more profit each week. And the RL work I've been a bit busy with for the last 3 weeks should have slowed down by Monday.
All in all, I'm confident next week should set a new record in % profits for Fury Holdings (this week set a new record dividend payment as an amount - but fell just short of being a record as a % of NAV).
Fury Bank slowly gains new deposits - mainly from current depositors putting more in, rather than from gaining new customers. That's only to be expected given the total lack of advertisement for it. With me having some more free time shortly (hopefully) I should be able to finalise some new investment opportunities and drive for more deposits in the Bank.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.09.15 00:33:00 -
[24]
Results for Week 8th September 2007 - 14th September 2007.
Net Asset Value at start of week : 20.522 Billion ISK
----------
Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 5.921 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 4.525 Billion Modules/Ships : 17.775 Billion
Miscellaneous Odds and Ends : 1.03 Billion
Cash In Wallet : 5.159 Billion Escrow : 1.044 Billion
Sub-Total : 35.353 Billion
Liabilities : (15.011 billion)
Total : 22.342 billion
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Total Profit for week : 1.82 billion
Salary : 910 million Distributed Dividend : 455 million (2.22%) Reinvested in Corporation : 455 million (2.22%)
Total profit for shareholders (dividend + growth) : 4.43%
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Share in circulation : 15000 Net Asset Value for period commencing 15th September 2007 : 20.977 billion (rounded to nearest million) NAV per share for period commencing 8th September 2007 : 1.3985 million
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Report
Very similar results to last week, unfortunately. Competition both on some sell orders - and also on 0.0 mineral buy orders is what prevented setting a new record weekly % as I'd hoped to.
Apologies to share-holders for paying the dividend in 2 stages - first time I'd forgotten to move ISK to corporation wallet and so only dividended the 80 million or so in it. Corp wallet is only used for manufacturing fees and office rents - so is generally pretty empty,
Fury Bank passed the 15 billion milestone (in fact it's over 16 billion now). Still no loans issued though (there have been a few people expressing interest but, as yet, none of them have actually taken a loan out).
If I have time over the weekend I'll be assessing a new bunch of items to resell in 0.0 - and also doing the calculations for the next Fury venture.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.09.21 21:48:00 -
[25]
Results for Week 15th September 2007 - 21st September 2007.
Net Asset Value at start of week : 20.977 Billion ISK
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 5.921 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 6.171 Billion Modules/Ships : 19.536 Billion
Miscellaneous Odds and Ends : 0.99 Billion
Cash In Wallet : 5.021 Billion Escrow : 1.776 Billion
Sub-Total : 41.314 Billion
Liabilities : (18.155 billion)
Total : 23.159 billion
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Total Profit for week : 2.182 billion
Salary : 1.091 billion Distributed Dividend : 545.5 million (2.6%) Reinvested in Corporation : 545.5 million (2.6%)
Total profit for shareholders (dividend + growth) : 5.2%
---------
Share in circulation : 15000 Net Asset Value for period commencing 15th September 2007 : 21.522 billion (rounded to nearest million) NAV per share for period commencing 8th September 2007 : 1.4348 million
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Report
Record profits this week (in absolute AND percentage terms). This can be attributed mainly to two factors:
1. Our alliance is in a low-scale war. So members have been stocking up fast on ships/fittings. It doesn't hurt that one of my sales points is in contested territory where the opposition are also buying up equipment.
2. I managed to purchase a decent chunk of minerals at well below market prices.
Here's hoping the war continues :)
Didn't get time to do any expansion in business activities last week. But the next stage of the Fury brand's development is an expansion of the range of products offered for investors. There are two new financial instruments due to be launched in the short-term future:
1. A deposit bond. This will be administered through Fury Bank. A slightly higher rate of interest will be offered than for current deposits - but with a 1 week notification of withdrawal required. This will NOT be handled through the issue of shares and interest will be compounded based upon a daily rate. This offering targets investors who are looking for a longer-term investment with a slightly more competetive rate but still want the opportunity of penalty-less withdrawal with a relatively short notice period.
2. A Premium-Bond type investment for the gamblers out there. This will be administered through a new corporation which will be responsible for the risks involved. The bond will be withdrawable at face value - with the interest on it effectively buying lottery tickets. Jackpot prizes will be pool-based, but with a guaranteed minimum pool if hit (hence the element of risk involved). Lottery drawings will, of course, be based on RL lottery drawings. This offering will be aimed at investors who fancy tucking away a small sum of ISK with no tiny interest rate but a (slim) chance of winning billions of ISK. Expansion may later occur to allow purchase of individual tickets valid for one week.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.10.01 14:16:00 -
[26]
Results for Week 22nd September 2007 - 28th September 2007.
Net Asset Value at start of week : 20.977 Billion ISK
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 6.286 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 6.157 Billion Modules/Ships : 21.156 Billion
Miscellaneous Odds and Ends : 0.95 Billion
Cash In Wallet : 5.58 Billion Escrow : 1.504 Billion
Sub-Total : 43.532 Billion
Liabilities : (19.891 billion)
Total : 23.641 billion
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Total Profit for week : 2.119 billion
Salary : 1.0595 billion Distributed Dividend : 529.75 million (2.46%) Reinvested in Corporation : 529.75 million (2.46%)
Total profit for shareholders (dividend + growth) : 4.92%
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Share in circulation : 15000 Net Asset Value for period commencing 29th September 2007 : 22.052 billion (rounded to nearest million) NAV per share for period commencing 8th September 2007 : 1.47 million
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Report
Firstly, apologies for the late report. Dividends were, however, paid on time (in fact slightly early) - just I never quite got round to posting the report over the weekend.
Profits are down a bit from last week's exceptional results (as expected) but they still stayed above the 2 billion mark - which was slightly unexpected. Next week will hopefully see the milestone of investors having made a 100% profit on their initial investment in 20 weeks of operation.
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Ionia
Advanced Manufacturing
|
Posted - 2007.10.01 14:25:00 -
[27]
I love the detail in your posts, nice job :)
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.10.01 15:08:00 -
[28]
Originally by: Ionia I love the detail in your posts, nice job :)
hardly.
1) He breaks the forums 2) He makes the rest of us look terrible
Unacceptable IMO !!!
Need Empire Research Slots. Click here |

FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.10.07 08:56:00 -
[29]
Results for Week 29th September 2007 - 5th October 2007.
Net Asset Value at start of week : 22.052 Billion ISK
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Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 11.786 Billion POS : 999 million Freighter : 900 million
Stock Minerals : 4.395 Billion Modules/Ships : 22.47 Billion
Miscellaneous Odds and Ends : 0.91 Billion
Cash In Wallet : 5.706 Billion Escrow : 1.13 Billion
Sub-Total : 48.296 Billion
Liabilities : (23.882 billion)
Total : 24.414 billion
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Total Profit for week : 2.362 billion
Salary : 1.181 billion Distributed Dividend : 590.5 million (2.68%) Reinvested in Corporation : 590.5 million (2.68%)
Total profit for shareholders (dividend + growth) : 5.36%
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Share in circulation : 15000 Net Asset Value for period commencing 6th October 2007 : 22.642 billion (rounded to nearest million) NAV per share for period commencing 6th October 2007 : 1.5095 million
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Report
As anticipated this week sees the milestone of 100% return to initial investors reached. Anyone who invested in the first batch of Fury Holdings shares has now reached a 101.89% return on their initial investment in 20 weeks of operation. Half of that return is in increased share value - but as the value of shares is defined by the underlieing NAV, and as I offer a buy-back option at 100% of NAV I think it's fair to count it. In practice, anyone wanting to sell shares could actually receive a bit more than that if they shopped around for buyers even slightly.
Profits this week hit a new level - both in absolute and percentage terms. I'm not really clear on why - nothing seemed particularly exceptional to me about the week, and my activity was lower than usual (as it will be this coming week as well).
Sales have been pretty brisk over the weekend - so I'd expect profits next week to stay in the 2 billion+ range. How far into that range is anyone's guess - my record of predicting whether the coming week will be better or worse than usual is pretty dismal, so maybe I should predict a bad week and hope that I'm as inaccurate as usual.
Fury Bank has launched the first of it's two new products - the Higher Interest Account. Uptake on it has been very swift - with over 2/3 of funds held in the old acounts already moved over and around 10 billion of investment from new customers received at the time of this post. At least 5 billion more is scheduled for deposit in the next day or two. This MAY actually hold back profits for the coming week - as it takes a while to get new funds fully into play (largely because of the need to transfer initial stock to 0.0 before any profit begins to be generated).
Anyone who actually looks at the numbers in these reports will notice a sizable increase in the amount of ISK tied up in BPOs. This reflects the purchase of a T2 BPO (which will, of course, generate more income per week than the 1.76% paid on deposits in the bank). I'd not initially intended to get into T2 production (beyond what I produce from invention - which isn't actually a lot), but only a fool fails to change plans to take advantage of opportunities as they come along.
Hopefully I'll get the premium bond/lottery investment sorted out in the coming week (along with the related IPO needed to run it). I know I've filled some people in on the details - so apologies for teasing you with most of the information then not actually releasing it yet. But I still haven't had time to run back over all the probabilities a third time to make certain I haven't miscalculated anything.
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FastLearner
Fury Holdings Brutally Clever Empire
|
Posted - 2007.10.14 08:23:00 -
[30]
Results for Week 6th October 2007 - 13th October 2007.
Net Asset Value at start of week : 22.642 Billion ISK
----------
Breakdown of assets at end of period:
Fixed Assets Ship/Major BPOs : 11.786 Billion POS : 999 million Freighter : 900 million Mobile Containers : 1.25 Billion
Stock Minerals : 5.35 Billion Modules/Ships : 21.45 Billion
Miscellaneous Odds and Ends : 0.87 Billion
ISK In Wallet : 6.925 Billion Escrow : 1.601 Billion Receivable : 22.417 Billion
Gross Assets : 73.612 Billion
Liabilities Current Accounts : (6.45 Billion) Higher Interest Accounts : (42.315 Billion)
Total Liabilities : 48.765 Billion
Net Assets : 24.847 billion
----------
Total Profit for week : 2.205 billion
Salary : 1.105 billion Distributed Dividend : 551.25 million (2.43%) Reinvested in Corporation : 551.25 million (2.43%)
Total profit for shareholders (dividend + growth) : 5.86%
---------
Share in circulation : 15000 Net Asset Value for period commencing 13th October 2007 : 23.193 billion (rounded to nearest million) NAV per share for period commencing 13th October 2007 : 1.546 million
((Report to follow in seperate post as it'll probably be too long to fit here))
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