Rolling Stock PBM

Game: 2 (full) – Turn: 10 – Phase: 1 (issue shares)

Overview

(players in player order)

name	cash	value	companies
Eckhart	$36	$103	LHR[54]	–	*1	–	–	–	–	–	–	–	–
Björn	$104	$152	–	*2	–	–	–	–	–	–	–	–	–
Manfred	$27	$104	HR[49]	–	–	–	–	–	–	–	–	*1	–
Klaus	$25	$131	–	–	–	–	*1	–	–	–	–	–	*2
Ocki	$15	$81	–	–	–	–	–	–	*3	–	–	–	–
			Shares owned by bank	4	7	–	5	–	2	–	–	5	0
			Shares issued in total	6	8	–	6	–	5	–	–	6	2
			Share price	$24	$13	–	$16	–	$22	–	–	$28	$45
			Treasury	$14	$53	–	$52	–	$0	–	–	$100	$11
			Income	+$30	+$14	–	-$1	–	+$15	–	–	+$12	+$24
			Book value	$120	$114	–	$86	–	$126	–	–	$186	$96
			Market capitalization	$144	$104	–	$96	–	$110	–	–	$168	$90

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:
  • E[43] ($22–$58) +$10
    
    • +$4: NS[21] B[22] SNCF[24] BR[33] HA[47] HR[49] LHR[54] CDG[56]
  • HA[47] ($24–$69) +$15
    
    • +$4: NS[21] B[22] SNCF[24] E[43]
    • +$8: RU[85] AL[86]
  • FR[60] ($30–$84) +$15
    
    • +$8: MAD[45] LHR[54] CDG[56] FRA[58]
  • MM[75] ($38–$112) +$25
    
    • +$8: LHR[54] FRA[58]
    • +$16: LE[90] TSI[100]
  • RU[85] ($43–$123) +$25
    
    • +$8: HA[47] HH[48] HR[49]
    • +$16: OPC[70] RCC[71] 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] KME[5] AKE[6] WT[11] BD[12] HE[15]

Foreign investor

• Treasury: $35
• Income: +$5
• Companies: –

Corporation details

(in share price order)

• President: Klaus
• Share price: $45 (max payout per share: $15) — 2 shares issued
• Treasury: $11
• Income: +$24 (base income: +$30 — synergy bonus: +$0 — cost of ownership: -$6)
• Book value: $96 — market capitalization: $90
• Needs at least $100 book value (-$4) for target share price $55 ("double jump").
• Needs at least $90 book value (+$6) for target share price $50 ("single jump").
• Needs at least $82 book value (+$14) for target share price $41 ("single drop").
• Otherwise, target share price is $37 ("double drop").
• Companies:
  • B[22] ($11–$28) +$6
    
    • +$2: PR[19]
    • +$4: NS[21] SNCF[24] DR[29] E[43] HA[47] HR[49]
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]

• President: Manfred
• Share price: $28 (max payout per share: $9) — 6 shares issued
• Treasury: $100
• Income: +$12 (base income: +$24 — synergy bonus: +$6 — cost of ownership: -$18)
• Book value: $186 — market capitalization: $168
• Needs at least $186 book value (+$0) for target share price $34 ("double jump").
• Needs at least $168 book value (+$18) for target share price $31 ("single jump").
• Needs at least $156 book value (+$30) for target share price $26 ("single drop").
• Otherwise, target share price is $24 ("double drop").
• Companies:
  • BY[13] ($7–$16) +$3
    
    • +$2: WT[11] HE[15] SX[16] KK[25] DR[29]
  • SX[16] ($8–$20) +$3
    
    • +$1: BSE[2] BPM[7] MHE[8]
    • +$2: BY[13] MS[17] PR[19] PKP[23] KK[25] DR[29]
  • KK[25] ($13–$32) +$6
    
    • +$2: BY[13] SX[16]
    • +$4: PKP[23] SBB[26] DR[29] FS[37] FRA[58]
  • RENFE[32] ($16–$45) +$12
    
    • +$4: SNCF[24] MAD[45]

• President: Björn
• Share price: $24 (max payout per share: $8) — 6 shares issued
• Treasury: $14
• Income: +$30 (base income: +$30 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $120 — market capitalization: $144
• Needs at least $156 book value (-$36) for target share price $28 ("double jump").
• Needs at least $144 book value (-$24) for target share price $26 ("single jump").
• Needs at least $132 book value (-$12) for target share price $22 ("single drop").
• Otherwise, target share price is $20 ("double drop").
• Companies:
  • HH[48] ($24–$70) +$15
    
    • +$4: DSB[20] PKP[23] DR[29] BSR[40]
    • +$8: RU[85] AL[86]
  • 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: $22 (max payout per share: $7) — 5 shares issued
• Treasury: $0
• Income: +$15 (base income: +$34 — synergy bonus: +$17 — cost of ownership: -$36)
• Book value: $126 — market capitalization: $110
• Needs at least $120 book value (+$6) for target share price $26 ("double jump").
• Needs at least $110 book value (+$16) for target share price $24 ("single jump").
• Needs at least $100 book value (+$26) for target share price $20 ("single drop").
• Otherwise, target share price is $18 ("double drop").
• Companies:
  • BPM[7] ($4–$9) +$2
    
    • +$1: BSE[2] AKE[6] MHE[8] SX[16] MS[17] PR[19]
  • MHE[8] ($4–$10) +$2
    
    • +$1: KME[5] AKE[6] BPM[7] OL[14] SX[16] MS[17] PR[19]
  • MS[17] ($9–$21) +$3
    
    • +$1: BSE[2] AKE[6] BPM[7] MHE[8]
    • +$2: OL[14] SX[16] PR[19] DSB[20] PKP[23] DR[29]
  • 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]
  • NS[21] ($11–$27) +$6
    
    • +$2: OL[14] PR[19]
    • +$4: B[22] DR[29] E[43] HA[47] HR[49]
  • 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]
  • SŽD[31] ($16–$43) +$12
    
    • +$4: PKP[23]

• President: Klaus
• Share price: $16 (max payout per share: $5) — 6 shares issued
• Treasury: $52
• Income: -$1 (base income: +$9 — synergy bonus: +$2 — cost of ownership: -$12)
• Book value: $86 — market capitalization: $96
• Needs at least $108 book value (-$22) for target share price $20 ("double jump").
• Needs at least $96 book value (-$10) for target share price $18 ("single jump").
• Needs at least $90 book value (-$4) for target share price $15 ("single drop").
• Otherwise, target share price is $14 ("double drop").
• Companies:
  • OL[14] ($7–$18) +$3
    
    • +$1: KME[5] AKE[6] MHE[8]
    • +$2: MS[17] PR[19] DSB[20] NS[21] DR[29]
  • DSB[20] ($10–$26) +$6
    
    • +$2: OL[14] MS[17] PR[19]
    • +$4: DR[29] BSR[40] HH[48]

• President: Eckhart
• Share price: $13 (max payout per share: $4) — 8 shares issued
• Treasury: $53
• Income: +$14 (base income: +$16 — synergy bonus: +$4 — cost of ownership: -$6)
• Book value: $114 — market capitalization: $104
• Needs at least $112 book value (+$2) for target share price $15 ("double jump").
• Needs at least $104 book value (+$10) for target share price $14 ("single jump").
• Needs at least $96 book value (+$18) for target share price $12 ("single drop").
• Otherwise, target share price is $11 ("double drop").
• Companies:
  • SNCF[24] ($12–$30) +$6
    
    • +$2: BD[12]
    • +$4: B[22] SBB[26] DR[29] RENFE[32] FS[37] E[43] HA[47] CDG[56]
  • FS[37] ($19–$51) +$10
    
    • +$4: SNCF[24] KK[25] SBB[26]

Private company details

• Eckhart:
  • LHR[54] ($27–$77) +$15
    
    • +$4: BR[33] E[43]
    • +$8: FR[60] MM[75] VP[80] LE[90]
• Björn: –
• Manfred:
  • HR[49] ($25–$71) +$15
    
    • +$4: NS[21] B[22] DR[29] E[43]
    • +$8: RU[85] AL[86]
• Klaus: –
• Ocki: –