SL International Business

It’s been really hectic week this time, lots has happened.
I mean LOTS!

3 New mortgages, discussions of 3 others too. New island rental.

And biggest mortgage EVER has been made!
This is more regular type of mortgage, with set length and according weekly payment.

Silvermoon’s tier was just paid, and Mun Saari tier payment is about to go, and my tiers at 12th.
Mun Saari + my tiers comes to a bit under 300,000L$. Total mainland tiers per month is around
330,000L$

Mainland prices are crashing down HARD, REALLY HARD.
But while it affects, it’s not as bad as one would think.
It’s still profitable, not as profitable as it should be, but profitable.

Here is statistics for the last 12days, mainland parcel sales only:
(No mainostaulu parcels accounted for)
273,808sqm sold (~4.1sims)
2,971,139L$ revenue
358,744.89L$ Profit
10.85L$/Sqm on average
1.31L$/sqm profit margin

Statistics for last month, 8th/July to present moment.
391,088sqm  (~6sims)
4,311,769.00L$ revenue
536,074.70L$ profit
11.03L$/sqm on average
1.37L$/sqm profit margin

So small looking changes, so huge difference.

I am currently adapting more to the lower end, no higher end parcels has been acquired lately.
Also, mainland holdings MIGHT BE lowered for this month by a sim or so.
Depends how quickly selling goes

It’s been hard work, and sales are still kinda lowish but they are going to better direction
And mostly expansion was done AFTER 8th of july, as my tier date is 12th, so hitting this level was around
20th.

And like you probably guessed already, most of profit is now realized by mortgages, rentals etc.

On the other stuff then:

- I have hired a Sales & Marketing guy
- Getting 3 bigger prefabs built, along with 1 special building
- New HQ is being planned, and it will be awesome.
- Mun Saari is nearing to be full, still 3 parcels left however.
- Mainostaulu Changes
- Records

Mun Saari has been educating, while i calculated that most people probably take small parcels,
i was totally incorrect, most are after big ones! Thus the few last remaining are still not filled.
Next one will be way different

* Prefabs
I’m getting these done mainly as gifts for land buyers.
That 1 special building is for a special interest place, a really one of a kind parcel.
I will announce later on today it’s sale. It will be priced in the vicinity of 100,000L$,
and am not worried about when it sells, it’s so high quality.

* New HQ
New HQ will be made on an island to be ordered soon, and it will be something ASTONISHING!
I promise that
Shakes is doing his best to get it done, and to be a really awesome place.

* Sales & Marketing Guy
Lots of changes has been happening, and even more changes will happen. This is to offer
better customer service and increased value of SLIB offers.

* Mainostaulu Changes
It’s now also an entertainment network!
Every now and then often it will show non-advertising pictures.
At them oment mostly funny in some way, or techie interest.
Shown will be: Humorous, Sexy, Provocative, Cute, Anime/Manga etc.
pictures.

In current rotation is almost 200 different pictures, and lined up for
addition is couple hundred more.

**** RECORDS ****

10,000,000L$ of Client funds achieved!
Over 40,000USD in Assets!
Biggest mortgage ever in SLIB’s history! (20k sqm)

****  SPIKES SHOPPING PLAZA BEING SOLD!

Due to lack of time, and no dedicated, inspired and skilled manager has not been found for it so far,
it’s up for sale now.

Included in sale: Building, 17k sqm of land (15 on mall, 2 next to mall still unattached and different group),
current renters, advertising material, advertising campaign worth of 35,000L$ (over the period of approx 6months),
and everything that can be transferred to buyer (not incl. Mainostaulus), 3 Streetz Machines, Streetz Network
board, Sudoku machine etc etc.

Merchants has reported very high amount of sales on this Mall.
Land value alone approx 165-175k L$

Make Your Offers Now!
IM Tyrian Camilo for your offer!

——-
Financial Stats

WSE portfolio gained some value.
Land holdings are way lower at the moment than last week.
New mortgages are the main culprit for that, as tier is used for that.

Lots of cash is in Ginko withdrawal queue, and some on their term
deposits (i secured to 0.25% daily!) Term deposits there around 808k L$.

A lot of money is also as USD waiting for an suitable sim from auctions.

WSE Portfolio value: 648,411.35L$
Land holdings total: 375,824 (Down ~25k sqm)
Land holdings approximate value: 4,663,508.36L$ (Up ~271k L$)
Land holdings value at current average listed: 4,442,239.68L$ (11.82L$/sqm) (this doesn’t account for advertising parcels different value)
Mortgages value: 672,799.51L$
Receivable credit: 47,764.65L$ (Includes also one mortgage which was given as credit for the ease of use)
Total assets: 11,451,575.21L$ ($43,051.03, Up ~1,625k L$)
Total accounts funds: 10,023,280.12L$ (Up ~1,452k L$)
Liquid & Semi-liquid Funds: 1,734,992.22L$ (Down ~993k L$)
Cash at hand: 1,699,405.00L$ (Included in above figure)
Bottomline profit: 1,428,295.09L$
Total profit over the week: 173,167.30L$

Mainostaulu income, total: 48 850L$ (does not include parcel sales)
Island reservations: 4, 40USD (Included in above calculation at a rate of 266L$/1USD, devaluates overtime)

Semi-liquid means money in other banks.