Rolling Stock PBM

Game: 1 (full) – Turn: 11 – Phase: 5 (foreign investor buys companies)

Overview

(players in player order)

name	cash	value	companies
Georg	$61	$192	–	–	–	–	–	–	–	*1	*2	–	–
Dirk	$35	$144	MM[75]	–	–	–	–	–	*1	–	–	–	–
Björn	$4	$123	–	–	–	–	*4	*1	–	–	–	–	–
Ocki	$1	$163	–	–	–	*2	–	–	–	–	–	*2	–
			Shares owned by bank	–	–	0	0	6	5	7	0	0	–
			Shares issued in total	–	–	2	4	7	6	8	2	2	–
			Share price	–	–	$50	$26	$15	$34	$11	$60	$31	–
			Treasury	–	–	$45	$40	$70	$106	$12	$13	$26	–
			Income	–	–	+$15	+$15	+$0	+$30	-$1	+$43	+$12	–
			Book value	–	–	$90	$89	$111	$204	$54	$159	$56	–
			Market capitalization	–	–	$100	$104	$105	$204	$88	$120	$62	–

Share price row

5	6	7	8	9	10	11	12	13	14	15	16	18	20	22	24	26	28	31	34	37	41	45	50	55	60	66	73	81	90	100

Company deck

• Available for auctions:
  • FR[60] ($30–$84) +$15
    
    • +$8: MAD[45] LHR[54] CDG[56] FRA[58]
  • RCC[71] ($36–$108) +$25
    
    • +$16: RU[85] AL[86] TSI[100]
  • RU[85] ($43–$123) +$25
    
    • +$8: HA[47] HH[48] HR[49]
    • +$16: OPC[70] RCC[71] TSI[100]
  • LE[90] ($45–$129) +$25
    
    • +$8: MAD[45] LHR[54] CDG[56] FRA[58]
    • +$16: MM[75] VP[80] TSI[100]
• Drawn but not available for auctions: –
• In the deck:   game end card
• Cost of ownership: -$6 -$6 -$6
• Closed companies: BME[1] BSE[2] AKE[6] BPM[7] MHE[8] WT[11] BD[12] HE[15] SX[16] MS[17]

Foreign investor

• Treasury: $47
• Income: +$20
• Companies:
  • LHR[54] ($27–$77) +$15
    
    • +$4: BR[33] E[43]
    • +$8: FR[60] MM[75] VP[80] LE[90]

Corporation details

(in share price order)

• President: Georg
• Share price: $60 (max payout per share: $20) — 2 shares issued
• Treasury: $13
• Income: +$43 (base income: +$45 — synergy bonus: +$4 — cost of ownership: -$6)
• Book value: $159 — market capitalization: $120
• Needs at least $132 book value (+$27) for target share price $73 ("double jump").
• Needs at least $120 book value (+$39) for target share price $66 ("single jump").
• Needs at least $110 book value (+$49) for target share price $55 ("single drop").
• Otherwise, target share price is $50 ("double drop").
• Companies:
  • KK[25] ($13–$32) +$6
    
    • +$2: BY[13] SX[16]
    • +$4: PKP[23] SBB[26] DR[29] FS[37] FRA[58]
  • SŽD[31] ($16–$43) +$12
    
    • +$4: PKP[23]
  • RENFE[32] ($16–$45) +$12
    
    • +$4: SNCF[24] MAD[45]
  • FRA[58] ($29–$82) +$15
    
    • +$4: PKP[23] KK[25] SBB[26] DR[29]
    • +$8: FR[60] MM[75] LE[90]

• President: Ocki
• Share price: $50 (max payout per share: $16) — 2 shares issued
• Treasury: $45
• Income: +$15 (base income: +$15 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $90 — market capitalization: $100
• Needs at least $110 book value (-$20) for target share price $60 ("double jump").
• Needs at least $100 book value (-$10) for target share price $55 ("single jump").
• Needs at least $90 book value (+$0) for target share price $45 ("single drop").
• Otherwise, target share price is $41 ("double drop").
• Companies:
  • MAD[45] ($23–$67) +$15
    
    • +$4: RENFE[32]
    • +$8: FR[60] VP[80] LE[90]

• President: Dirk
• Share price: $34 (max payout per share: $11) — 6 shares issued
• Treasury: $106
• Income: +$30 (base income: +$28 — synergy bonus: +$8 — cost of ownership: -$6)
• Book value: $204 — market capitalization: $204
• Needs at least $222 book value (-$18) for target share price $41 ("double jump").
• Needs at least $204 book value (+$0) for target share price $37 ("single jump").
• Needs at least $186 book value (+$18) for target share price $31 ("single drop").
• Otherwise, target share price is $28 ("double drop").
• Companies:
  • B[22] ($11–$28) +$6
    
    • +$2: PR[19]
    • +$4: NS[21] SNCF[24] DR[29] E[43] HA[47] HR[49]
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]
  • E[43] ($22–$58) +$10
    
    • +$4: NS[21] B[22] SNCF[24] BR[33] HA[47] HR[49] LHR[54] CDG[56]

• President: Ocki
• Share price: $31 (max payout per share: $10) — 2 shares issued
• Treasury: $26
• Income: +$12 (base income: +$12 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $56 — market capitalization: $62
• Needs at least $68 book value (-$12) for target share price $37 ("double jump").
• Needs at least $62 book value (-$6) for target share price $34 ("single jump").
• Needs at least $56 book value (+$0) for target share price $28 ("single drop").
• Otherwise, target share price is $26 ("double drop").
• Companies:
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]

• President: Björn
• Share price: $26 (max payout per share: $8) — 4 shares issued
• Treasury: $40
• Income: +$15 (base income: +$15 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $89 — market capitalization: $104
• Needs at least $112 book value (-$23) for target share price $31 ("double jump").
• Needs at least $104 book value (-$15) for target share price $28 ("single jump").
• Needs at least $96 book value (-$7) for target share price $24 ("single drop").
• Otherwise, target share price is $22 ("double drop").
• Companies:
  • HR[49] ($25–$71) +$15
    
    • +$4: NS[21] B[22] DR[29] E[43]
    • +$8: RU[85] AL[86]

• President: Björn
• Share price: $15 (max payout per share: $5) — 7 shares issued
• Treasury: $70
• Income: +$0 (base income: +$12 — synergy bonus: +$0 — cost of ownership: -$12)
• Book value: $111 — market capitalization: $105
• Needs at least $112 book value (-$1) for target share price $18 ("double jump").
• Needs at least $105 book value (+$6) for target share price $16 ("single jump").
• Needs at least $98 book value (+$13) for target share price $14 ("single drop").
• Otherwise, target share price is $13 ("double drop").
• Companies:
  • DSB[20] ($10–$26) +$6
    
    • +$2: OL[14] MS[17] PR[19]
    • +$4: DR[29] BSR[40] HH[48]
  • NS[21] ($11–$27) +$6
    
    • +$2: OL[14] PR[19]
    • +$4: B[22] DR[29] E[43] HA[47] HR[49]

• President: Georg
• Share price: $11 (max payout per share: $3) — 8 shares issued
• Treasury: $12
• Income: -$1 (base income: +$9 — synergy bonus: +$2 — cost of ownership: -$12)
• Book value: $54 — market capitalization: $88
• Needs at least $96 book value (-$42) for target share price $13 ("double jump").
• Needs at least $88 book value (-$34) for target share price $12 ("single jump").
• Needs at least $80 book value (-$26) for target share price $10 ("single drop").
• Otherwise, target share price is $9 ("double drop").
• Companies:
  • PR[19] ($10–$24) +$3
    
    • +$1: BME[1] BSE[2] KME[5] AKE[6] BPM[7] MHE[8]
    • +$2: OL[14] HE[15] SX[16] MS[17] DSB[20] NS[21] B[22] PKP[23] DR[29]
  • PKP[23] ($12–$29) +$6
    
    • +$2: SX[16] MS[17] PR[19]
    • +$4: KK[25] DR[29] SŽD[31] BSR[40] HH[48] FRA[58]

Private company details

• Georg: –
• Dirk:
  • MM[75] ($38–$112) +$25
    
    • +$8: LHR[54] FRA[58]
    • +$16: LE[90] TSI[100]
• Björn: –
• Ocki: –