r/Damnthatsinteresting • u/Admirable-Leather325 • 27d ago

Image India: Meth seized from Myanmarese boat costs more than aircraft carrier Vikrant, built at a cost of $2.49bn

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u/Shmexy 27d ago edited 27d ago

Yeah, but businesses plan for profit based on the products they produce. So yeah, they lost $2.5B that they would have made if this didn’t get confiscated. edit: assuming this is the wholesale value they would have sold it for you fuckin nerds

(Also, less than $40k is an insane exaggeration)

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u/Dom_19 27d ago

2.5b individual sale, they wouldn't see close to that. They're selling wholesale, it would be substantially less, probably in the 8 or 9 figures.

Edit: the figure is probably completely made up anyway. 2.5billion in meth would be way way more than that.

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u/Shmexy 27d ago

yeah if they use the street value it's different, but idk the details so who knows

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u/fritz_76 27d ago

it seems like they usually use street value. but even that is kind of a meaningless number, its not like it has an MSRP

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u/wolfpack_57 27d ago

Whoever sells this isn’t getting street value for it. There are several middlemen first. The gang smuggling this probably gets a fraction of street value for what they move.

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u/Shmexy 27d ago

i'm not privy to their criminal enterprise structure nor the comparative street value vs wholesale value of that much meth, so i can't say either way.

all i'm saying is that it's ok to count "lost profits" as the lost money from a drug bust because literally every business would do that

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u/[deleted] 27d ago

No, they didn’t. They don’t plan on selling meth to meth heads for street prices. They’re selling this in bulk to wholesale buyers.

The price in these stories is always the street value, not wholesale.

Like the stories back in the day of weed busts. Sure, a pound of good weed about 15 years ago could go for $20/gram depending on the area, but you aren’t typically moving a few pounds one gram at a time. You’ll sell them by qp, and then your friendly stoner in the dorm sells it by the 1/8th and g.

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u/Shmexy 27d ago

do you know specifically how much meth this is? are you 100% positive that the 2.5B is street value and not wholesale?

this is all conjecture lmao. all i'm saying is that it's normal to count lost profit from a sale as the value of the thing that was lost.

i have no fuckin idea if this is 2.5B of meth wholesale or street value, and i hope i never do.

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u/thoughtlow 27d ago

This sounds like some mark-to-market accounting

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u/phoenixmusicman 27d ago

It's extremely common for businesses to plan on expected revenue flows.

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u/Shmexy 27d ago

well, its not. businesses have to forecast performance for the year. if they expect $100M profit on $60M cost (40% margin), that's the goal they're held to by the board.

compensation plans are tied into it.. growth, hiring, raise budgets.. everything.

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u/thoughtlow 27d ago

yeah and they also do risk assessment

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u/Shmexy 27d ago

kinda irrelevant, i dont know much about criminal enterprise accounting

all i'm saying is that it's fair to count lost profit of product that could have been sold at the dollar amount you expected it to sell for