Rolling Stock PBM

Game: 2 (full) – Turn: 14 – Phase: 2 (form corporations)

Overview

(players in player order)

name	cash	value	companies
Manfred	$70	$232	–	–	–	*2	–	–	–	–	–	*3	–
Eckhart	$66	$221	OPC[70] RU[85]	–	–	–	–	–	–	–	–	–	–
Björn	$114	$374	–	*2	–	–	–	–	–	*4	–	–	–
Ocki	$5	$132	–	–	–	–	–	–	*1	–	*3	–	–
Klaus	$60	$277	–	–	*2	–	*2	*3	–	–	–	–	*1
			Shares owned by bank	6	8	2	7	2	4	0	1	6	3
			Shares issued in total	8	10	4	9	5	5	4	4	9	4
			Share price	$10	$11	$45	$5	$55	$16	$60	$37	$24	$20
			Treasury	$21	$11	$94	$7	$30	$21	$22	$76	$39	$20
			Income	+$15	-$6	+$25	-$10	+$44	-$10	+$71	+$9	+$36	-$14
			Book value	$69	$48	$180	$27	$264	$75	$215	$144	$191	$72
			Market capitalization	$80	$110	$180	$45	$275	$80	$240	$148	$216	$80

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: –
• Drawn but not available for auctions: –
• In the deck: flipped game end card
• Cost of ownership: -$16 -$16 -$16 -$16
• 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] KK[25]

Foreign investor

• Treasury: $70
• Income: +$5
• Companies: –

Corporation details

(in share price order)

• President: Björn
• Share price: $60 (max payout per share: $20) — 4 shares issued
• Treasury: $22
• Income: +$71 (base income: +$55 — synergy bonus: +$16 — cost of ownership: +$0)
• Book value: $215 — market capitalization: $240
• Needs at least $264 book value (-$49) for target share price $73 ("double jump").
• Needs at least $240 book value (-$25) for target share price $66 ("single jump").
• Needs at least $220 book value (-$5) for target share price $55 ("single drop").
• Otherwise, target share price is $50 ("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: $55 (max payout per share: $18) — 5 shares issued
• Treasury: $30
• Income: +$44 (base income: +$68 — synergy bonus: +$24 — cost of ownership: -$48)
• Book value: $264 — market capitalization: $275
• Needs at least $300 book value (-$36) for target share price $66 ("double jump").
• Needs at least $275 book value (-$11) for target share price $60 ("single jump").
• Needs at least $250 book value (+$14) for target share price $50 ("single drop").
• Otherwise, target share price is $45 ("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]
  • 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]
  • LHR[54] ($27–$77) +$15
    
    • +$4: BR[33] E[43]
    • +$8: FR[60] MM[75] VP[80] LE[90]
  • VP[80] ($40–$118) +$25
    
    • +$8: MAD[45] LHR[54] CDG[56]
    • +$16: LE[90] TSI[100]

• President: Manfred
• Share price: $45 (max payout per share: $15) — 4 shares issued
• Treasury: $94
• Income: +$25 (base income: +$25 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $180 — market capitalization: $180
• Needs at least $200 book value (-$20) for target share price $55 ("double jump").
• Needs at least $180 book value (+$0) for target share price $50 ("single jump").
• Needs at least $164 book value (+$16) for target share price $41 ("single drop").
• Otherwise, target share price is $37 ("double drop").
• Companies:
  • AL[86] ($43–$124) +$25
    
    • +$8: HA[47] HH[48] HR[49]
    • +$16: OPC[70] RCC[71] TSI[100]

• President: Ocki
• Share price: $37 (max payout per share: $12) — 4 shares issued
• Treasury: $76
• Income: +$9 (base income: +$21 — synergy bonus: +$4 — cost of ownership: -$16)
• Book value: $144 — market capitalization: $148
• Needs at least $164 book value (-$20) for target share price $45 ("double jump").
• Needs at least $148 book value (-$4) for target share price $41 ("single jump").
• Needs at least $136 book value (+$8) for target share price $34 ("single drop").
• Otherwise, target share price is $31 ("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: Manfred
• Share price: $24 (max payout per share: $8) — 9 shares issued
• Treasury: $39
• Income: +$36 (base income: +$52 — synergy bonus: +$0 — cost of ownership: -$16)
• Book value: $191 — market capitalization: $216
• Needs at least $234 book value (-$43) for target share price $28 ("double jump").
• Needs at least $216 book value (-$25) for target share price $26 ("single jump").
• Needs at least $198 book value (-$7) for target share price $22 ("single drop").
• Otherwise, target share price is $20 ("double drop").
• Companies:
  • 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: Klaus
• Share price: $20 (max payout per share: $6) — 4 shares issued
• Treasury: $20
• Income: -$14 (base income: +$18 — synergy bonus: +$0 — cost of ownership: -$32)
• Book value: $72 — market capitalization: $80
• Needs at least $88 book value (-$16) for target share price $24 ("double jump").
• Needs at least $80 book value (-$8) for target share price $22 ("single jump").
• Needs at least $72 book value (+$0) for target share price $18 ("single drop").
• Otherwise, target share price is $16 ("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]

• President: Ocki
• Share price: $16 (max payout per share: $5) — 5 shares issued
• Treasury: $21
• Income: -$10 (base income: +$18 — synergy bonus: +$4 — cost of ownership: -$32)
• Book value: $75 — market capitalization: $80
• Needs at least $90 book value (-$15) for target share price $20 ("double jump").
• Needs at least $80 book value (-$5) for target share price $18 ("single jump").
• Needs at least $75 book value (+$0) for target share price $15 ("single drop").
• Otherwise, target share price is $14 ("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: Klaus
• Share price: $11 (max payout per share: $3) — 10 shares issued
• Treasury: $11
• Income: -$6 (base income: +$10 — synergy bonus: +$0 — cost of ownership: -$16)
• Book value: $48 — market capitalization: $110
• Needs at least $120 book value (-$72) for target share price $13 ("double jump").
• Needs at least $110 book value (-$62) for target share price $12 ("single jump").
• Needs at least $100 book value (-$52) for target share price $10 ("single drop").
• Otherwise, target share price is $9 ("double drop").
• Companies:
  • FS[37] ($19–$51) +$10
    
    • +$4: SNCF[24] KK[25] SBB[26]

• President: Björn
• Share price: $10 (max payout per share: $3) — 8 shares issued
• Treasury: $21
• Income: +$15 (base income: +$15 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $69 — market capitalization: $80
• Needs at least $88 book value (-$19) for target share price $12 ("double jump").
• Needs at least $80 book value (-$11) for target share price $11 ("single jump").
• Needs at least $72 book value (-$3) for target share price $9 ("single drop").
• Otherwise, target share price is $8 ("double drop").
• Companies:
  • HH[48] ($24–$70) +$15
    
    • +$4: DSB[20] PKP[23] DR[29] BSR[40]
    • +$8: RU[85] AL[86]

• President: Klaus
• Share price: $5 (max payout per share: $1) — 9 shares issued
• Treasury: $7
• Income: -$10 (base income: +$6 — synergy bonus: +$0 — cost of ownership: -$16)
• Book value: $27 — market capitalization: $45
• Needs at least $54 book value (-$27) for target share price $7 ("double jump").
• Needs at least $45 book value (-$18) for target share price $6 ("single jump").
• 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

• Manfred: –
• Eckhart:
  • 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]
• Björn: –
• Ocki: –
• Klaus: –