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Nationality:
USA
Total Shares: 800
Estimated value:
2599.89 Gold (Details | Refresh)
Estimated value per share:
3.25 Gold
Daily shares trade value:
0.00 Gold
Total shareholders: 42
Total companies: 6


Act type: Proposed by:
Poll

Do you agree with the following question:

Diversification

I have been working on selling off our holdings in CEC. The US wage is too high and production value so low that, at best, I could hire one worker in any of our Grain/Food companies and turn a profit. Even that is only possible at a very few Economic Skill levels.

So, I have been looking at other markets with an eye towards expanding our interests. Q5 Weapons are great, but we're to the point of maximizing how many we can reliably sell and lower quality weapons, even in other job markets, just don't have the profits to get me excited.

However, the Philippines has a very low wage. This will likely rise to adjust over time, but it is not likely to develop into something that produces the market forces Pacific Coast forces us to operate in, state-side. Certianly not in any foreseeable future.

I have also been researching the Diamond/Gift market and I've liked what I've seen in the UK. Their wages make production very reasonable and their babyboom should assure access to workers into the future.

Although it will likely be possible to buy used companies in these sectors, I will be using the creation cost figures in order to generate the most conservative estimates. Which means that creating 4 Q5 companies (Grain/Food in PH and Diamonds/Gifts in UK) will at most cost 1560 gold. From sales of products and companies, we have 530 Gold on hand and I expect, at the very least, 1050 from the sales of the three remaining CEC based companies.

That puts us right in the ball park (assuming I can get these damn companies sold).

After these have been put into play, I would like to consider issuing more shares and furthering our investments in those markets, should they prove lucrative.

That will be the next stage, however and is not what is being considered here.

Vote 'Yes' if you approve of repositioning in UK and PH
Vote 'No' if you do not approve

Devoid, as usual, I am also bringing this before congress so please hold your votes.

12 years ago

Voting finished
12 years ago

156
Yes

13
No


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