Naglfar Bubble

In the Odyssey patch the split weapon system was removed from the Naglfar hull bringing with it increased demand for the Dreadnought hull. Having just come into possession of a ME8 BPO, we quickly put it into production as I knew the demand was going to grow.

2013-08-01_naglfar_sales

What we’ve seen over the past 5 months due to the increased demand was a large increase in the price. Sales have been quick showing that there is a strong demand.

The capital market is quite different than any other market I have worked with. The barrier to entry is high due to the core profits coming from owning a complete set of BPOs, the timescale is measured in weeks due to the building of parts that go into hull construction, and the demand can shift due to a change in popularity.

In contrast to the Cruiser market where a single BPO can make the hull, a unit can be delivered in 2 hours, and almost all of the hulls are in demand, the differentiators set capital production in a league of its own.


Odyssey Dreadnought Blueprint Change

As part of CCP Fozzie’s ship rebalancing efforts, he is removing the ideology of split-weapon systems. Ships like the Typhoon, Phoenix, and Naglfar, which historically had two weapon systems, are being phased out in favor of a single weapon type.

The change for the Phoenix and Naglfar were noted in the Odyssey patches notes as no longer requiring Capital Components which went into construction of the second weapon group.

The Phoenix no longer requires Capital Turret Hardpoints in its construction.
The Naglfar no longer requires Capital Launcher Hardpoints in its construction.
Odyssey Patch Notes

My interperation of these notes was that the build requirements were being removed. Today however, I found that they have shifted to the primary weapon group.

[edit]

I did not see the post in S&I detailing the shift of build requirements per Fozzie.

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Here’s a screenshot of the Naglfar Blueprint post-Odyssey for verification. As always, adjust your build sheets and database tables.

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February Financial Report

Overview

In Winter of 2012, I approached my partner Raath to see if expanding our operation into Heavy Industry was a viable means to take excess liquid capital and start to produce return for our efforts. After scouting markets, running numbers, and placing production characters in proper locations the operation formed.

We’ve reached a state of industrial nirvana as our operational inefficiencies have been reduced and logistic kinks have been worked out over the past few months. Given that we’ve nailed down a solid production cycle, we know what we are going to be spending in minerals every few weeks.

Graphs

A large portion of capital went into the start of our Heavy Industry branch as seen by the grand change in expenses between November and December.

Two periods of expansion can be seen in December and February’s relatively small growth numbers as during these months we poured more capital into Carrier and Dreadnought BPOs, reducing final growth numbers. Also in February a large amount of minerals were purchased for another production cycle that extends into March. Since we operate on a two week cycle, materials purchased at the end of the month show up on the books in the next month.

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Historical profits clearly show when the operation started to run.

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Dreadnought Blueprints

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In January and February we acquired three researched Dreadnought blueprints, two with perfect ME research. Our production lines have expanded to include these ship hulls and in March we should start seeing profits from these jobs.

Industrial Trophy

*rabble rabble rabble*
*throws fuel into the fire*
*rabble rabble rabble*

cartoon_fire

Have a look at the research I’ve conducted about how just poor of an investment these items can be: Tech 2 BPO Returns and Percentage of Items from Invention vs Tech 2 BPOs.

Having the Tech 2 variant of the BPO means I run a serial production operation (1 BPO) at high margin with a lack of ability to change items in reaction to market changes.

The Tech 1 invention process is a parallel operation (1 or more BPOs) involving lower margins that can over saturate a Tech 2 producer. Inventors do need to maintain of a POS for ME/PE/Copy slots, but the ability to change items in response to market shifts is highly beneficial for Inventors.

Here is a quick rundown of the performance of my Tech 2 BPO vs inventing from one copy of the Tech 1 BPO.

tech_2_bpo_performance

If it was such a poor investment, then why get one? For me the lack of clicks in the invention process and the removal of the wretched POS in the production equation is worth the cost. I have stayed away from large-scale invention specifically due to these two reasons.

Future Plans

No major expansion desires are on the plate at the moment. Right now we are in a ‘slow and steady wins the race’ mode.


February Failmails

I spend a lot of time reviewing killmails so here are some choice fails.

  1. 52.8 B Officer/T2 Erebus (Gallente Titan) link
  2. 155.3 B lowsec Obelisk (Gallente Freighter) link
  3. 2.4 M damage Power Diagnostic System II fitted Thanatos (Gallente Carrier) link
  4. Two SOLODRAKBANSOLODRAKBANSO Anshar’s (Gallente Jump Freighter) killed by their own Alliance’s POS 3.8 B link and 4.4 B link
  5. 7x Warp Core fitted Dominix killed in lowsec link
  6. Heavy Pulse Laser II fitted Dominix link
  7. Phoenix (Caldari Dreadnought) taken out by a POS link
  8. Mixed fit Dominix link
  9. NPC killed Thanatos (Gallente Carrier) link
  10. 3.0 B Charon (Caldari Freighter) link