Rolling Stock PBM

Game: 2 (full) – Turn: 8 – Phase: 5 (foreign investor buys companies)

Overview

(players in player order)

name	cash	value	companies
Eckhart	$24	$74	FS[37]	–	*1	–	–	–	–	–	–	–	–
Björn	$21	$93	HH[48]	–	–	–	–	–	1	–	–	–	–
Manfred	$18	$76	RENFE[32]	–	–	–	–	–	–	–	–	*1	–
Ocki	$15	$63	–	–	–	–	–	–	*2	–	–	–	–
Klaus	$3	$78	B[22] BR[33]	–	–	–	*1	–	–	–	–	–	–
			Shares owned by bank	–	6	–	4	–	2	–	–	3	–
			Shares issued in total	–	7	–	5	–	5	–	–	4	–
			Share price	–	$13	–	$20	–	$24	–	–	$26	–
			Treasury	–	$55	–	$23	–	$11	–	–	$55	–
			Income	–	+$8	–	+$20	–	+$39	–	–	+$12	–
			Book value	–	$91	–	$93	–	$137	–	–	$109	–
			Market capitalization	–	$91	–	$100	–	$120	–	–	$104	–

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]
  • HR[49] ($25–$71) +$15
    
    • +$4: NS[21] B[22] DR[29] E[43]
    • +$8: RU[85] AL[86]
  • LHR[54] ($27–$77) +$15
    
    • +$4: BR[33] E[43]
    • +$8: FR[60] MM[75] VP[80] LE[90]
  • 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]
• Drawn but not available for auctions: –
• In the deck:               game end card
• Cost of ownership: -$3 -$3
• Closed companies: BME[1] BSE[2] KME[5]

Foreign investor

• Treasury: $25
• Income: +$5
• Companies:
  • WT[11] ($6–$14) +$3
    
    • +$2: BD[12] BY[13] SBB[26] DR[29]
  • HE[15] ($8–$19) +$3
    
    • +$1: BME[1] KME[5]
    • +$2: BD[12] BY[13] PR[19] DR[29]

Corporation details

(in share price order)

• President: Manfred
• Share price: $26 (max payout per share: $8) — 4 shares issued
• Treasury: $55
• Income: +$12 (base income: +$12 — synergy bonus: +$6 — cost of ownership: -$6)
• Book value: $109 — market capitalization: $104
• Needs at least $112 book value (-$3) for target share price $31 ("double jump").
• Needs at least $104 book value (+$5) for target share price $28 ("single jump").
• Needs at least $96 book value (+$13) for target share price $24 ("single drop").
• Otherwise, target share price is $22 ("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]

• President: Ocki
• Share price: $24 (max payout per share: $8) — 5 shares issued
• Treasury: $11
• Income: +$39 (base income: +$34 — synergy bonus: +$17 — cost of ownership: -$12)
• Book value: $137 — market capitalization: $120
• Needs at least $130 book value (+$7) for target share price $28 ("double jump").
• Needs at least $120 book value (+$17) for target share price $26 ("single jump").
• Needs at least $110 book value (+$27) for target share price $22 ("single drop").
• Otherwise, target share price is $20 ("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: $20 (max payout per share: $6) — 5 shares issued
• Treasury: $23
• Income: +$20 (base income: +$23 — synergy bonus: +$3 — cost of ownership: -$6)
• Book value: $93 — market capitalization: $100
• Needs at least $110 book value (-$17) for target share price $24 ("double jump").
• Needs at least $100 book value (-$7) for target share price $22 ("single jump").
• Needs at least $90 book value (+$3) for target share price $18 ("single drop").
• Otherwise, target share price is $16 ("double drop").
• Companies:
  • AKE[6] ($3–$8) +$2
    
    • +$1: BPM[7] MHE[8] OL[14] MS[17] PR[19]
  • 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]
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]

• President: Eckhart
• Share price: $13 (max payout per share: $4) — 7 shares issued
• Treasury: $55
• Income: +$8 (base income: +$9 — synergy bonus: +$2 — cost of ownership: -$3)
• Book value: $91 — market capitalization: $91
• Needs at least $98 book value (-$7) for target share price $15 ("double jump").
• Needs at least $91 book value (+$0) for target share price $14 ("single jump").
• Needs at least $84 book value (+$7) for target share price $12 ("single drop").
• Otherwise, target share price is $11 ("double drop").
• Companies:
  • BD[12] ($6–$15) +$3
    
    • +$1: BME[1]
    • +$2: WT[11] HE[15] SNCF[24] SBB[26] DR[29]
  • 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]

Private company details

• Eckhart:
  • FS[37] ($19–$51) +$10
    
    • +$4: SNCF[24] KK[25] SBB[26]
• Björn:
  • HH[48] ($24–$70) +$15
    
    • +$4: DSB[20] PKP[23] DR[29] BSR[40]
    • +$8: RU[85] AL[86]
• Manfred:
  • RENFE[32] ($16–$45) +$12
    
    • +$4: SNCF[24] MAD[45]
• Ocki: –
• Klaus:
  • 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]