Rolling Stock PBM

Game: 2 (full) – Turn: 9 – Phase: 2 (form corporations)

Overview

(players in player order)

name	cash	value	companies
Eckhart	$75	$90	–	–	*1	–	–	–	–	–	–	–	–
Björn	$26	$120	–	*3	–	–	–	–	1	–	–	–	–
Manfred	$63	$89	–	–	–	–	–	–	–	–	–	*1	–
Ocki	$31	$87	–	–	–	–	–	–	*2	–	–	–	–
Klaus	$38	$96	–	–	–	–	*1	–	–	–	–	–	*1
			Shares owned by bank	3	6	–	4	–	2	–	–	4	1
			Shares issued in total	6	7	–	5	–	5	–	–	5	2
			Share price	$22	$15	–	$24	–	$28	–	–	$26	$34
			Treasury	$84	$26	–	$21	–	$10	–	–	$60	$35
			Income	+$15	+$22	–	+$26	–	+$39	–	–	+$24	+$12
			Book value	$132	$99	–	$113	–	$136	–	–	$146	$68
			Market capitalization	$132	$105	–	$120	–	$140	–	–	$130	$68

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: $30
• 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: Klaus
• Share price: $34 (max payout per share: $11) — 2 shares issued
• Treasury: $35
• Income: +$12 (base income: +$12 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $68 — market capitalization: $68
• Needs at least $74 book value (-$6) for target share price $41 ("double jump").
• Needs at least $68 book value (+$0) for target share price $37 ("single jump").
• Needs at least $62 book value (+$6) for target share price $31 ("single drop").
• Otherwise, target share price is $28 ("double drop").
• Companies:
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]

• President: Ocki
• Share price: $28 (max payout per share: $9) — 5 shares issued
• Treasury: $10
• Income: +$39 (base income: +$34 — synergy bonus: +$17 — cost of ownership: -$12)
• Book value: $136 — market capitalization: $140
• Needs at least $155 book value (-$19) for target share price $34 ("double jump").
• Needs at least $140 book value (-$4) for target share price $31 ("single jump").
• Needs at least $130 book value (+$6) for target share price $26 ("single drop").
• Otherwise, target share price is $24 ("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: Manfred
• Share price: $26 (max payout per share: $8) — 5 shares issued
• Treasury: $60
• Income: +$24 (base income: +$24 — synergy bonus: +$6 — cost of ownership: -$6)
• Book value: $146 — market capitalization: $130
• Needs at least $140 book value (+$6) for target share price $31 ("double jump").
• Needs at least $130 book value (+$16) for target share price $28 ("single jump").
• Needs at least $120 book value (+$26) 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]
  • RENFE[32] ($16–$45) +$12
    
    • +$4: SNCF[24] MAD[45]

• President: Klaus
• Share price: $24 (max payout per share: $8) — 5 shares issued
• Treasury: $21
• Income: +$26 (base income: +$29 — synergy bonus: +$3 — cost of ownership: -$6)
• Book value: $113 — market capitalization: $120
• Needs at least $130 book value (-$17) for target share price $28 ("double jump").
• Needs at least $120 book value (-$7) for target share price $26 ("single jump").
• Needs at least $110 book value (+$3) for target share price $22 ("single drop").
• Otherwise, target share price is $20 ("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]
  • 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: Björn
• Share price: $22 (max payout per share: $7) — 6 shares issued
• Treasury: $84
• Income: +$15 (base income: +$15 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $132 — market capitalization: $132
• Needs at least $144 book value (-$12) for target share price $26 ("double jump").
• Needs at least $132 book value (+$0) for target share price $24 ("single jump").
• Needs at least $120 book value (+$12) for target share price $20 ("single drop").
• Otherwise, target share price is $18 ("double drop").
• Companies:
  • HH[48] ($24–$70) +$15
    
    • +$4: DSB[20] PKP[23] DR[29] BSR[40]
    • +$8: RU[85] AL[86]

• President: Eckhart
• Share price: $15 (max payout per share: $5) — 7 shares issued
• Treasury: $26
• Income: +$22 (base income: +$19 — synergy bonus: +$6 — cost of ownership: -$3)
• Book value: $99 — market capitalization: $105
• Needs at least $112 book value (-$13) for target share price $18 ("double jump").
• Needs at least $105 book value (-$6) for target share price $16 ("single jump").
• Needs at least $98 book value (+$1) for target share price $14 ("single drop").
• Otherwise, target share price is $13 ("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]
  • FS[37] ($19–$51) +$10
    
    • +$4: SNCF[24] KK[25] SBB[26]

Private company details

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