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Have you ever had to close a corp

Topics: General: Have you ever had to close a corp

evader23

Tuesday, January 29, 2019 - 05:33 am Click here to edit this post
I have about 4 factory maintiance corps. They used to be very profitable and now from what I assume is either Direct GM interferance or programming making c3 build them there are more FM corps and now the price has dropped out it and they are all making HUGE losses I may have to close one soon.

Has anyone else ever had this or Varations of it

ferdhelke

Tuesday, January 29, 2019 - 11:48 am Click here to edit this post
A while back I had that problem with strategic airports. They were so profitable that the value of each corp rose to over 600B. When the market dropped out, I had to absorb 1.7B in losses on each of them until they dropped back below 250B in value. For A long time my country profits were almost 7B/month lower. I had 4 of them at the time.

johnV

Tuesday, January 29, 2019 - 02:15 pm Click here to edit this post
If the corp is fully upgraded closing it should be your last resort.
If you manually lower your production to match your contracts or 5% you will reduce your looses. Then wait it out until the market improves.
You could also spend the GC's and convert it to something else.

John Galt

Tuesday, January 29, 2019 - 06:57 pm Click here to edit this post
The markets seem to go through cycles. Just hold out until the product hits a shortage and the price will go up.

ferdhelke

Tuesday, January 29, 2019 - 09:12 pm Click here to edit this post
@Evader.....If you notice the large number of new corps being built over the last day or so, you should recover through the increased demand for factory maintenance. You might want to wait a few days and see if it starts improving as I expect it will.

evader23

Tuesday, January 29, 2019 - 10:09 pm Click here to edit this post
@ John Galt I've noticed that as Well

@ I have scled them back I've used the that trick before on new corps before they get upgraded and making moneey


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