Thursday, March 26, 2009

EMFI Dividends for February 09 to March 09

Dividend payments this month is: 238.74 isk per share, a ROI of 2.53%

The current report shows a surplus of: 2,728,484,937 isk resulting in a dividend to shareholders this month of: 2,387,424,320 isk (238.74 per share)

Other deductions: FM salaries: 68,212,123 isk and retained capital fund for emergencies and anti-scam fund: 272,848,494 isk plus.

Total retained capital fund for emergencies and anti-scam fund before payout: 2,135,099,678 isk, this has now risen to: 2,407,948,172

Market Overview: Numerous dividends are late or have not been paid.

Trade warning on Zero. and EMFI would like CEO ‘Motivated prophet’ to respond to previous eve mails as the corp has not paid dividends for over a year and shares are still trading at the IPO value. There may be corp buyback orders in place but there should be an update on how well this will be funded as EMFI would like to cash out, or use the scam fund to remove non-performing assets from the books.

Finally announced that 6Ltd and FRPB are officially ‘dead’ and have been removed from the portfolio, although they have had a zero value for over 6 months.

All the best, Ghost Emperor.

Click the image below to review our current portfolio:

Saturday, February 21, 2009

EMFI Dividends for January 09 to February 09

Dividend payments this month is: 237.63 isk per share, a ROI of 2.52%

The current report shows a surplus of: 2,715,746,962 isk resulting in a dividend to shareholders this month of: 2,376,278,592 isk (237.63 per share)

Other deductions: FM salaries: 67,893,674 isk and retained capital fund for emergencies and anti-scam fund: 271,574,696 isk plus.

Total retained capital fund for emergencies and anti-scam fund before payout: 1,863,524,982, this has now risen to: 2,135,099,678 isk

Share buying chest is vast as all FIN have been bought back taking the wallet to over 13bn to invest.

Market Overview: The Eve stock market is stabilising. Funds are still closing: BSACC; CDRE; and FIN. On the good news front: AATP has paid out sizeable dividends, again, as they/Ray swings his Plan into action for shareholders; BMBE has resumed sizeable payments; FIRM and FIRD are paying consistently good returns.

Gains: 200m isk has been returned by Tolmar towards the closing bill due of 1.2 bn from SHMEC, very honourable of him to follow through with this.

New shares: CDRA

Losses: Few as CRDE has reimbursed 3,250,000,000; although there is no news on Zero. dividends still

The general market news stories have been:

AATP: The Bad and the Good

CRDE Loney Clone has returned to honour agreements and reimburse shareholders

FIN & FIN-U closing down procedure

Zero. update

All the best, Ghost Emperor. Click the image below to review our current portfolio:

Friday, January 23, 2009

EMFI Dividends for December 08 to January 09

Good news broadcast

Dividend payments this month is: 415.24 isk per share, a ROI of 4.41%

The current report shows a surplus of: 4,745,617,239 isk resulting in a dividend to shareholders this month of: 4,152,415,084 isk (415.24 per share)

Other deductions: FM salaries: 118,640,431 isk and retained capital fund for emergencies and anti-scam fund: 474,561,724 isk

1,000,000,000 billion from return of shares from liquidated characters was added to the capital growth fund, mostly due to the generosity of Ethan Xavier Verone, Chief Executive & Executor
of Veto Corp, many thanks. Capital growth/anti scam fund now at: 1,913,524,982 isk.

Market Overview: The Eve stock market is stabilising. Funds are still closing: BSACC; CDRE; and FIN. On the good news front: AATP has paid out sizeable dividends, again, as they/Ray swings his Plan into action for shareholders; BMBE has resumed sizeable payments; FIRM and FIRD are paying consistently good returns, all in all helping improve confidence and the health of the market at this point in time.

Gains: Shares have been returned to EMFI from Naphtalia, the previous CEO, leaving the game, this has led to a 1-2 billion plus bonus for EMFI investors as a parting gift and 1 billion into the capital growth fund for investments.

Losses: Few as CRDE has reimbursed 3,250,000,000; although SHMEC has still not make their final closure payment which hit EMFI for 1.2 billion.

Trading News:

  • Closure payments received from: CDRE
  • New stocks invested in: BSAMR and FIRD

The general market news stories has been:

AATP: The Bad and the Good

CRDE Loney Clone has returned to honour agreements and reimburse shareholders

FIN & FIN-U closing down procedure

Zero. update

All the best, Ghost Emperor.

Click the image below to review our current portfolio:



Monday, December 15, 2008

EMFI Dividends for October 08 to December 08

The current report shows a surplus of: 4,389,632,584 isk resulting in a dividend to shareholders this month of: 3,840,928,511 isk or 384.09 per share

Other deductions: FM salaries: 109,740,815 isk and retained capital fund for emergencies and anti-scam fund: 438,963,258 isk

Market Overview: The Eve stock market is stabilising, although there are still several defaulters. Many funds have closed over the quarter: BSACC; FIN; FIN-U; PCT2; SHMEC; T2AHL. On the good news front: AATP has paid out sizeable dividends as they return their cash pile to shareholders; BMBE has resumed sizeable payments; FIRM and FIRD are paying consistently good returns, all in all helping improve confidence and the health of the market at this point in time.

Losses: Repeat from previous statement in that some stocks do not seem to be paying out the agreed public closing prices, we are still awaiting CRDEs 3,250,000,000 reimbursement for their; and SHMEC did not make their final closure payment which hit EMFI for 1.2 billion.

Trading News:

  • Closure payments received from: BSACC
  • New stocks invested in: BSAMR and FIRD

The general market news stories underline what a hard month this has been

AATP: The Bad and the Good

CRDE No reply to my requests yet…I will try to contact other parties there

FIN & FIN-U closing down procedure

Zero. update

All the best, Ghost Emperor.

Click the image below to review our current portfolio:


Monday, October 20, 2008

EMFI Dividends for July 08 to September 08

The current report shows a surplus of: 1,529,685,004 isk which resulted in a dividend of:
1, 338,474,379
after retained capital for growth and management and staff costs…it has been slow and hard work dealing with all the liquidating funds and looking for more investable corps, but a fun experience.

This is a 5.5bn turn around from the last statement when the previous report stated there was -3,967,094,215 in excess capital. This large reduction reduction in share NAVs due to the following reasons:
  • The Eve stock market was in free fall, as most EVE shares would be considered to be 'Toxic' debt in the real world, many have defaulted;
  • There were numerous investments closed, closing or were considered to be losses including: CRDE; C-P-H; FIN; FIN-U; LVM; PCT2; SHMEC; T2AHL, and TCCS.
  • Ionia’s disappearance of over seven months means that the following stocks have been reduced to zero NAV: 6LTD, FRPB and LMTA. EMFI has reduced them loosing approx. 6bn;
  • Almost half of the stocks did not pay dividends;
  • Some stocks do not seem to be paying out the agreed public closing prices, we are still awaiting CRDEs 3,250,000,000 reimbursement; and
Losses:
  • EMFI have reduced FRPB and 6LTD by the final quarter to taking a 2.75 billion hit; and
  • SHMEC did not make their final closure payment which hit EMFI for 1.2 billion.

Trading News:

The general market news stories underline what a hard month this has been

AATP: The Bad and the Good

CRDE No reply to my requests yet…I will try to contact other parties there

FIN & FIN-U closing down procedure

Zero. update

Trading Alerts:
Dividend income should have increased this month but dividends have not been paid by: 6LTD; CRDE; FIN; FIN-U; FRPB; and Zero.

This is an income shortfall of approximately 9.4 billion lost dividend income for the last six months…basically the shares system is not very effective in EVE as there is a limited securitisation, enforcement and liquidation system. EMFI have chased some isk due accounts just to find the characters have been sold, there should be a mechanism for market bounties/bans to be placed on characters to deter buyers if the characters have been market abusers etc.

EMFI are sorry that dividends had not been paid for a while and EMFI are considering a policy of paying a minimum of 1 billion a month from dividend income to ensure a level of return for investors not dependent upon NAV. This will be put to the vote when some new trustees have been appointed.

All the best, Ghost Emperor.

Click the image below to review our current portfolio:

Sunday, June 15, 2008

EMFI Dividends for May 08 to June 08

There was: zero (-3,967,094,215) in excess capital, this compared to 1,098, 408,723 last month, this is a graduated reduction in share NAVs due to the following reasons:

  • The Eve stock market is in free fall… More stocks lost value and seven closed, or are closing (C-P-H; FIN; FIN-U; KITI bond; PCT2; SHMEC; and TCCS). There is a view that Ionia’s continued disappearance (6LTD, FRPB and LMTA) is permanent and these stocks were reduced further. This equates to 9 of the 28 investments being closed, closing or losses;
  • There were 12 of the 28 none dividend payers this month, at 43% this is up from 30% of the fund none payers last month;
  • In short the eve stock market is not working and the fund is finding it difficult to find functioning stocks; and
  • Losses:
    • EMFI have reduced FRPB and 6LTD by a another quarter…and have taken a 2.75 billion hit…this will be repeated next month;
    • SHMEC did not make their final closure payment which hit EMFI for 1.2 billion

There are no dividends or wages paid this month;

Trading News:

Closure payments received from: C-P-H; TCCS

New stocks invested in: BSAMR

The general market news stories underline what a hard month this has been

AATP: The Bad and the Good

FIN & FIN-U closing down procedure

[LVM] Refinancing options

PCT Fails

TCCS & CPH

Trading Alerts:
Dividend income should have increased this month but dividends have not been paid by: 6LTD; BMBE; FIN; FIN-U; FRPB; H-TI; T2AHL; TCCS; and Zero.

Further LARGE WRITE OFFS are expected in the future”

This is an income shortfall of approximately 6.4 billion lost dividend income for the last four months

The market is in free fall and EMFI are sorry that dividends are not due this month. EMFI are considering a policy of paying a minimum of 1 billion a month from dividend income to ensure a level of return for investors not dependent upon NAV. This will be put to the vote in the next few days after trustees have been asked.

All the best, Ghost Emperor.

Click the image below to review our current portfolio:



Sunday, May 25, 2008

EMFI Dividends for April 08 to May 08

There was: 1,098, 408,723 in excess capital, this compared to 1,871, 740,241 last month, this is a graduated fall due to the following reasons:

  • The Eve stock market is in freefall… More stocks lost value and several closed (.D.B. Dusk Blade and FIN-U). There is large concern over Ionia’s continued disappearance (6LTD, FRPB and LMTA) and FIN’s statement that they have not been able to get the two missing trustees to liquidate FIN;
  • There was 30% of the fund not paying dividends this month, the stocks not paying out this month include: 6LTD; AATP; BMBE; FIN; FRPB; T2AHL; TCCS; and Zero. In short the eve stock market is not working and the fund is finding it difficult to find functioning stocks; and
  • EMFI will continue to re-valued the portfolio to try and reduce the NAV of these stocks in the medium term. EMFI have reduced FRPB and 6LTD by a quarter…and have taken a 2.75 billion hit…this will be repeated over the next two months to gradually reduce exposure to these stocks whilst trying to maintain dividends for investors.

Scam reserves have been released to cover the value reduction in major stocks as well

The dividends were distributed as follows:
* 933,647,415 paid out in dividends
* 27,460,218 for Fund Management duties;
* the wage bill of 27,460,218 will be reinvested in the corporation as the trustees have not been seen for a month or two, EMFI will start a new employee and trustee recruitment process to avoid the problems that occurred at FIN
* 109,840,872 retained capital (as hedge against scams) will be invested in new stock to try and raise dividend income.

Trading News:
Three stocks are closing and need to settle their debt: C-R-H; FIN-U; and SHMEC; and
New stocks invested in: BSAMR

Trading Alerts:
Dividend income should have increased this month but dividends have not been paid by: 6LTD; AATP; BMBE; C-R-H; FIN; FRPB; T2AHL; TCCS; and Zero.

“LARGE WRITE OFFS are expected in the future”

This is an income shortfall of approximately 1.8 billion on top of the shortfall of 2,588,629,038 for last two months… at 4.4 billion lost dividend income this is a HUGE shortfall…and could potentially destroy the share market place…in effect there is no enforcement, or sanction system in the stock market at present…

So a final dividend of:
* 93.36 isk per share, a fall from 159.1 isk per share last month, but above the market average at present, as so many stocks are not paying out (6LTD, AATP, FIN, FRPB, Zero. etc)... the market is in free fall and EMFI call on the CEOs of these corporations to help stock the freefall and resume paying dividends/liquidate the corps responsibly to help clean the market up. All the best, Ghost Emperor.

Click the image below to review our current portfolio: