Rolling Stock PBM

Game: 2 (full) – Turn: 11 – Phase: 5 (foreign investor buys companies)

Overview

(players in player order)

name	cash	value	companies
Eckhart	$51	$118	LHR[54]	–	*1	–	–	–	–	–	–	–	–
Manfred	$27	$129	RCC[71]	–	–	–	–	–	–	–	–	*1	–
Klaus	$25	$162	VP[80]	–	–	–	*1	–	–	–	–	–	*1
Ocki	$21	$92	HA[47]	–	–	–	–	–	*1	–	–	–	–
Björn	$2	$184	FR[60]	*2	–	–	–	–	–	*2	–	–	–
			Shares owned by bank	4	8	–	6	–	4	2	–	6	2
			Shares issued in total	6	9	–	7	–	5	4	–	7	3
			Share price	$20	$13	–	$12	–	$24	$41	–	$31	$45
			Treasury	$2	$80	–	$13	–	$18	$89	–	$87	$73
			Income	+$30	+$0	–	-$11	–	-$8	+$25	–	+$5	+$0
			Book value	$108	$141	–	$49	–	$129	$164	–	$222	$156
			Market capitalization	$120	$117	–	$84	–	$120	$164	–	$217	$135

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]
  • OPC[70] ($35–$107) +$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]
  • AL[86] ($43–$124) +$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: -$10 -$10 -$10 -$10
• Closed companies: BME[1] BSE[2] KME[5] AKE[6] BPM[7] MHE[8] WT[11] BD[12] HE[15]

Foreign investor

• Treasury: $40
• Income: +$5
• Companies: –

Corporation details

(in share price order)

• President: Klaus
• Share price: $45 (max payout per share: $15) — 3 shares issued
• Treasury: $73
• Income: +$0 (base income: +$30 — synergy bonus: +$0 — cost of ownership: -$30)
• Book value: $156 — market capitalization: $135
• Needs at least $150 book value (+$6) for target share price $55 ("double jump").
• Needs at least $135 book value (+$21) for target share price $50 ("single jump").
• Needs at least $123 book value (+$33) for target share price $41 ("single drop").
• Otherwise, target share price is $37 ("double drop").
• Companies:
  • DSB[20] ($10–$26) +$6
    
    • +$2: OL[14] MS[17] PR[19]
    • +$4: DR[29] BSR[40] HH[48]
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]

• President: Björn
• Share price: $41 (max payout per share: $13) — 4 shares issued
• Treasury: $89
• Income: +$25 (base income: +$25 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $164 — market capitalization: $164
• Needs at least $180 book value (-$16) for target share price $50 ("double jump").
• Needs at least $164 book value (+$0) for target share price $45 ("single jump").
• Needs at least $148 book value (+$16) for target share price $37 ("single drop").
• Otherwise, target share price is $34 ("double drop").
• Companies:
  • MM[75] ($38–$112) +$25
    
    • +$8: LHR[54] FRA[58]
    • +$16: LE[90] TSI[100]

• President: Manfred
• Share price: $31 (max payout per share: $10) — 7 shares issued
• Treasury: $87
• Income: +$5 (base income: +$39 — synergy bonus: +$6 — cost of ownership: -$40)
• Book value: $222 — market capitalization: $217
• Needs at least $238 book value (-$16) for target share price $37 ("double jump").
• Needs at least $217 book value (+$5) for target share price $34 ("single jump").
• Needs at least $196 book value (+$26) for target share price $28 ("single drop").
• Otherwise, target share price is $26 ("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]
  • HR[49] ($25–$71) +$15
    
    • +$4: NS[21] B[22] DR[29] E[43]
    • +$8: RU[85] AL[86]

• President: Ocki
• Share price: $24 (max payout per share: $8) — 5 shares issued
• Treasury: $18
• Income: -$8 (base income: +$30 — synergy bonus: +$12 — cost of ownership: -$50)
• Book value: $129 — market capitalization: $120
• Needs at least $130 book value (-$1) for target share price $28 ("double jump").
• Needs at least $120 book value (+$9) for target share price $26 ("single jump").
• Needs at least $110 book value (+$19) for target share price $22 ("single drop").
• Otherwise, target share price is $20 ("double drop").
• Companies:
  • 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: Björn
• Share price: $20 (max payout per share: $6) — 6 shares issued
• Treasury: $2
• Income: +$30 (base income: +$30 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $108 — market capitalization: $120
• Needs at least $132 book value (-$24) for target share price $24 ("double jump").
• Needs at least $120 book value (-$12) for target share price $22 ("single jump").
• Needs at least $108 book value (+$0) for target share price $18 ("single drop").
• Otherwise, target share price is $16 ("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: Eckhart
• Share price: $13 (max payout per share: $4) — 9 shares issued
• Treasury: $80
• Income: +$0 (base income: +$16 — synergy bonus: +$4 — cost of ownership: -$20)
• Book value: $141 — market capitalization: $117
• Needs at least $126 book value (+$15) for target share price $15 ("double jump").
• Needs at least $117 book value (+$24) for target share price $14 ("single jump").
• Needs at least $108 book value (+$33) 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]

• President: Klaus
• Share price: $12 (max payout per share: $4) — 7 shares issued
• Treasury: $13
• Income: -$11 (base income: +$9 — synergy bonus: +$0 — cost of ownership: -$20)
• Book value: $49 — market capitalization: $84
• Needs at least $91 book value (-$42) for target share price $14 ("double jump").
• Needs at least $84 book value (-$35) for target share price $13 ("single jump").
• Needs at least $77 book value (-$28) for target share price $11 ("single drop").
• Otherwise, target share price is $10 ("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]
  • B[22] ($11–$28) +$6
    
    • +$2: PR[19]
    • +$4: NS[21] SNCF[24] DR[29] E[43] HA[47] HR[49]

Private company details

• Eckhart:
  • LHR[54] ($27–$77) +$15
    
    • +$4: BR[33] E[43]
    • +$8: FR[60] MM[75] VP[80] LE[90]
• Manfred:
  • RCC[71] ($36–$108) +$25
    
    • +$16: RU[85] AL[86] TSI[100]
• Klaus:
  • VP[80] ($40–$118) +$25
    
    • +$8: MAD[45] LHR[54] CDG[56]
    • +$16: LE[90] TSI[100]
• Ocki:
  • HA[47] ($24–$69) +$15
    
    • +$4: NS[21] B[22] SNCF[24] E[43]
    • +$8: RU[85] AL[86]
• Björn:
  • FR[60] ($30–$84) +$15
    
    • +$8: MAD[45] LHR[54] CDG[56] FRA[58]