Rolling Stock PBM

Game: 2 (full) – Turn: 13 – Phase: 2 (form corporations)

Overview

(players in player order)

name	cash	value	companies
Eckhart	$86	$169	OPC[70]	–	*1	–	–	–	–	–	–	–	–
Manfred	$160	$182	–	–	–	–	–	–	–	–	–	*1	–
Björn	$81	$309	–	*2	–	–	–	–	–	*3	–	–	–
Klaus	$43	$225	–	–	–	–	*1	*3	–	–	–	–	*1
Ocki	$3	$119	–	–	–	–	–	–	*1	–	*3	–	–
			Shares owned by bank	5	8	–	8	2	4	1	1	8	2
			Shares issued in total	7	9	–	9	5	5	4	4	9	3
			Share price	$15	$13	–	$6	$50	$14	$66	$34	$22	$26
			Treasury	$31	$6	–	$11	$107	$29	$47	$61	$78	$40
			Income	+$15	+$15	–	-$4	+$29	+$2	+$71	+$15	+$38	-$4
			Book value	$79	$121	–	$31	$250	$83	$240	$129	$255	$62
			Market capitalization	$105	$117	–	$54	$250	$70	$264	$136	$198	$78

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:
  • 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] BY[13] OL[14] HE[15] SX[16] MS[17] PR[19]

Foreign investor

• Treasury: $7
• Income: +$5
• Companies:
  • E[43] ($22–$58) +$10
    
    • +$4: NS[21] B[22] SNCF[24] BR[33] HA[47] HR[49] LHR[54] CDG[56]

Corporation details

(in share price order)

• President: Björn
• Share price: $66 (max payout per share: $22) — 4 shares issued
• Treasury: $47
• Income: +$71 (base income: +$55 — synergy bonus: +$16 — cost of ownership: +$0)
• Book value: $240 — market capitalization: $264
• Needs at least $292 book value (-$52) for target share price $81 ("double jump").
• Needs at least $264 book value (-$24) for target share price $73 ("single jump").
• Needs at least $240 book value (+$0) for target share price $60 ("single drop").
• Otherwise, target share price is $55 ("double drop").
• Companies:
  • FRA[58] ($29–$82) +$15
    
    • +$4: PKP[23] KK[25] SBB[26] DR[29]
    • +$8: FR[60] MM[75] LE[90]
  • 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]

• President: Klaus
• Share price: $50 (max payout per share: $16) — 5 shares issued
• Treasury: $107
• Income: +$29 (base income: +$49 — synergy bonus: +$0 — cost of ownership: -$20)
• Book value: $250 — market capitalization: $250
• Needs at least $275 book value (-$25) for target share price $60 ("double jump").
• Needs at least $250 book value (+$0) for target share price $55 ("single jump").
• Needs at least $225 book value (+$25) for target share price $45 ("single drop").
• Otherwise, target share price is $41 ("double drop").
• Companies:
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]
  • VP[80] ($40–$118) +$25
    
    • +$8: MAD[45] LHR[54] CDG[56]
    • +$16: LE[90] TSI[100]

• President: Ocki
• Share price: $34 (max payout per share: $11) — 4 shares issued
• Treasury: $61
• Income: +$15 (base income: +$21 — synergy bonus: +$4 — cost of ownership: -$10)
• Book value: $129 — market capitalization: $136
• Needs at least $148 book value (-$19) for target share price $41 ("double jump").
• Needs at least $136 book value (-$7) for target share price $37 ("single jump").
• Needs at least $124 book value (+$5) for target share price $31 ("single drop").
• Otherwise, target share price is $28 ("double drop").
• Companies:
  • NS[21] ($11–$27) +$6
    
    • +$2: OL[14] PR[19]
    • +$4: B[22] DR[29] E[43] HA[47] HR[49]
  • HA[47] ($24–$69) +$15
    
    • +$4: NS[21] B[22] SNCF[24] E[43]
    • +$8: RU[85] AL[86]

• President: Klaus
• Share price: $26 (max payout per share: $8) — 3 shares issued
• Treasury: $40
• Income: -$4 (base income: +$6 — synergy bonus: +$0 — cost of ownership: -$10)
• Book value: $62 — market capitalization: $78
• Needs at least $84 book value (-$22) for target share price $31 ("double jump").
• Needs at least $78 book value (-$16) for target share price $28 ("single jump").
• Needs at least $72 book value (-$10) for target share price $24 ("single drop").
• Otherwise, target share price is $22 ("double drop").
• Companies:
  • B[22] ($11–$28) +$6
    
    • +$2: PR[19]
    • +$4: NS[21] SNCF[24] DR[29] E[43] HA[47] HR[49]

• President: Manfred
• Share price: $22 (max payout per share: $7) — 9 shares issued
• Treasury: $78
• Income: +$38 (base income: +$58 — synergy bonus: +$0 — cost of ownership: -$20)
• Book value: $255 — market capitalization: $198
• Needs at least $216 book value (+$39) for target share price $26 ("double jump").
• Needs at least $198 book value (+$57) for target share price $24 ("single jump").
• Needs at least $180 book value (+$75) for target share price $20 ("single drop").
• Otherwise, target share price is $18 ("double drop").
• Companies:
  • 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]
  • RCC[71] ($36–$108) +$25
    
    • +$16: RU[85] AL[86] TSI[100]

• President: Björn
• Share price: $15 (max payout per share: $5) — 7 shares issued
• Treasury: $31
• Income: +$15 (base income: +$15 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $79 — market capitalization: $105
• Needs at least $112 book value (-$33) for target share price $18 ("double jump").
• Needs at least $105 book value (-$26) for target share price $16 ("single jump").
• Needs at least $98 book value (-$19) for target share price $14 ("single drop").
• Otherwise, target share price is $13 ("double drop").
• Companies:
  • HH[48] ($24–$70) +$15
    
    • +$4: DSB[20] PKP[23] DR[29] BSR[40]
    • +$8: RU[85] AL[86]

• President: Ocki
• Share price: $14 (max payout per share: $4) — 5 shares issued
• Treasury: $29
• Income: +$2 (base income: +$18 — synergy bonus: +$4 — cost of ownership: -$20)
• Book value: $83 — market capitalization: $70
• Needs at least $75 book value (+$8) for target share price $16 ("double jump").
• Needs at least $70 book value (+$13) for target share price $15 ("single jump").
• Needs at least $65 book value (+$18) for target share price $13 ("single drop").
• Otherwise, target share price is $12 ("double drop").
• Companies:
  • 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: Eckhart
• Share price: $13 (max payout per share: $4) — 9 shares issued
• Treasury: $6
• Income: +$15 (base income: +$31 — synergy bonus: +$4 — cost of ownership: -$20)
• Book value: $121 — market capitalization: $117
• Needs at least $126 book value (-$5) for target share price $15 ("double jump").
• Needs at least $117 book value (+$4) for target share price $14 ("single jump").
• Needs at least $108 book value (+$13) 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]
  • LHR[54] ($27–$77) +$15
    
    • +$4: BR[33] E[43]
    • +$8: FR[60] MM[75] VP[80] LE[90]

• President: Klaus
• Share price: $6 (max payout per share: $2) — 9 shares issued
• Treasury: $11
• Income: -$4 (base income: +$6 — synergy bonus: +$0 — cost of ownership: -$10)
• Book value: $31 — market capitalization: $54
• Needs at least $63 book value (-$32) for target share price $8 ("double jump").
• Needs at least $54 book value (-$23) for target share price $7 ("single jump").
• Needs at least $45 book value (-$14) for target share price $5 ("single drop").
• Otherwise, target share price is $0 (bankrupt).
• Companies:
  • DSB[20] ($10–$26) +$6
    
    • +$2: OL[14] MS[17] PR[19]
    • +$4: DR[29] BSR[40] HH[48]

Private company details

• Eckhart:
  • OPC[70] ($35–$107) +$25
    
    • +$16: RU[85] AL[86] TSI[100]
• Manfred: –
• Björn: –
• Klaus: –
• Ocki: –