TAS dividends - how much are they worth?

[walkir]

Short questions: A TAS member gets a free high passage every two months. This can be sold.
I don't know any organization that would hand out free luxury trips no matter the distance. Do they hand out J-4 high passages in your TUs?

Thing is, I have built a character that is a TAS member and has no connection to the trader our group wants to run, only to one of the other chars, and just being the board security guy may be a bit small for him.
So I thought about taking all those high passages, sell them and invest the money into the ship, which would result in a ship share every... well, here's the problem. How much can I calculate for a high passage sold? An average of J-2 high passages?

Let's say that ships works around a system with a J-2 gap between it and a J-1 main as well as two adjacent J-1 worlds on his side of t he gap.

 

[simonh]

Older material says "High Passage, 8.000Cr worth" about the ticket. That means 48.000Cr/year.

Given that TAS membership costs 1.000.000Cr that means TAS has to invest the money for around 5-8 percent interest per year to cover passages and quarters/libraries etc. Should be do-abel investing in a few Megas.

I'm sure the TAS gets a very good discount on the tickets, so the real cost will be much less. After all they need to cover their operating costs as well.

Simon Hibbs

 

[drnuncheon]

Older material says "High Passage, 8.000Cr worth" about the ticket. That means 48.000Cr/year.

CT has all high passages costing 10KCr regardless of length.

 

[Dave Chase]

and 8,000 to 9,000 Cr to redeem them for cash.



Dave Chase

 

[walkir]

So, I'll take KCr 9. Thanks

@BenGunn: That's not even 1%. KCr 8 is more like 8 per thousand.

 

[walkir]

So, I'll take KCr 9. Thanks

@BenGunn: That's not even 1%. KCr 8 is more like 8 per thousand.

6 Tickets per year at 8.000-10.000Cr/Ticket => 48.000 t0 60.000Cr/year. And a 1 percent yearly interest of 1.000.000 is 10.000Cr. So you need between 5-8 percent yearly interest to pay tickets and other stuff for the member.

*facepalm* of course you're right.

 

[Rikki Tikki Traveller]

So, I'll take KCr 9. Thanks

@BenGunn: That's not even 1%. KCr 8 is more like 8 per thousand.

Since MGT adjusts the cost for distance, I would make it a J1 High Passage per month. Several J1 HPs could be combined to make a longer trip using the costs if desired. Sell it for 80% of a new ticket.

 

[BP]

Assuming MGT states TAS benefit of High Passage Ticket per 2 months - does it not specifically address the redemption value - seems like an important oversite that would have been remedeed already?

(Darn slow USPS - still waiting on my books!)

 

[Rikki Tikki Traveller]

Nope, it just says that they can be sold and refers you to page 142 which has the cost per distance and definition of HP.

I would make it a J1 High Passage and worth 6,000 CR per page 142. Give them full value, no big deal.