Rolling Stock PBM

Game: 3 (full) – Turn: 6 – Phase: 2 (form corporations)

Overview

(players in player order)

name	cash	value	companies
Björn	$23	$51	–	*2	–	–	–	–	–	–	–	–	–
Dirk	$33	$54	NS[21]	–	–	–	–	–	–	–	–	–	–
Georg	$12	$60	SBB[26]	–	*1	–	–	–	–	–	–	–	–
Richard	$33	$51	–	–	–	–	–	–	–	*1	–	–	–
Ocki	$6	$46	KK[25]	–	–	*1	–	–	–	–	–	–	–
			Shares owned by bank	5	1	2	–	–	–	3	–	–	–
			Shares issued in total	7	2	3	–	–	–	4	–	–	–
			Share price	$14	$22	$15	–	–	–	$18	–	–	–
			Treasury	$40	$19	$27	–	–	–	$23	–	–	–
			Income	+$29	+$8	+$8	–	–	–	+$22	–	–	–
			Book value	$117	$42	$56	–	–	–	$85	–	–	–
			Market capitalization	$98	$44	$45	–	–	–	$72	–	–	–

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:
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]
  • SŽD[31] ($16–$43) +$12
    
    • +$4: PKP[23]
  • RENFE[32] ($16–$45) +$12
    
    • +$4: SNCF[24] MAD[45]
  • FS[37] ($19–$51) +$10
    
    • +$4: SNCF[24] KK[25] SBB[26]
  • BSR[40] ($20–$54) +$10
    
    • +$4: DSB[20] PKP[23] DR[29] SJ[30] HH[48]
• Drawn but not available for auctions: –
• In the deck:                           game end card
• Cost of ownership: -$1
• Closed companies: –

Foreign investor

• Treasury: $11
• Income: +$11
• 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]

Corporation details

(in share price order)

• President: Georg
• Share price: $22 (max payout per share: $7) — 2 shares issued
• Treasury: $19
• Income: +$8 (base income: +$6 — synergy bonus: +$2 — cost of ownership: +$0)
• Book value: $42 — market capitalization: $44
• Needs at least $48 book value (-$6) for target share price $26 ("double jump").
• Needs at least $44 book value (-$2) for target share price $24 ("single jump").
• Needs at least $40 book value (+$2) for target share price $20 ("single drop").
• Otherwise, target share price is $18 ("double drop").
• Companies:
  • WT[11] ($6–$14) +$3
    
    • +$2: BD[12] BY[13] SBB[26] DR[29]
  • BD[12] ($6–$15) +$3
    
    • +$1: BME[1]
    • +$2: WT[11] HE[15] SNCF[24] SBB[26] DR[29]

• President: Richard
• Share price: $18 (max payout per share: $6) — 4 shares issued
• Treasury: $23
• Income: +$22 (base income: +$15 — synergy bonus: +$9 — cost of ownership: -$2)
• Book value: $85 — market capitalization: $72
• Needs at least $80 book value (+$5) for target share price $22 ("double jump").
• Needs at least $72 book value (+$13) for target share price $20 ("single jump").
• Needs at least $64 book value (+$21) for target share price $16 ("single drop").
• Otherwise, target share price is $15 ("double drop").
• Companies:
  • BME[1] ($1–$2) +$1
    
    • +$1: KME[5] BD[12] HE[15] PR[19]
  • KME[5] ($3–$7) +$2
    
    • +$1: BME[1] MHE[8] OL[14] HE[15] PR[19]
  • HE[15] ($8–$19) +$3
    
    • +$1: BME[1] KME[5]
    • +$2: BD[12] BY[13] PR[19] 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]
  • B[22] ($11–$28) +$6
    
    • +$2: PR[19]
    • +$4: NS[21] SNCF[24] DR[29] E[43] HA[47] HR[49]

• President: Ocki
• Share price: $15 (max payout per share: $5) — 3 shares issued
• Treasury: $27
• Income: +$8 (base income: +$6 — synergy bonus: +$2 — cost of ownership: +$0)
• Book value: $56 — market capitalization: $45
• Needs at least $48 book value (+$8) for target share price $18 ("double jump").
• Needs at least $45 book value (+$11) for target share price $16 ("single jump").
• Needs at least $42 book value (+$14) for target share price $14 ("single drop").
• Otherwise, target share price is $13 ("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]

• President: Björn
• Share price: $14 (max payout per share: $4) — 7 shares issued
• Treasury: $40
• Income: +$29 (base income: +$19 — synergy bonus: +$14 — cost of ownership: -$4)
• Book value: $117 — market capitalization: $98
• Needs at least $105 book value (+$12) for target share price $16 ("double jump").
• Needs at least $98 book value (+$19) for target share price $15 ("single jump").
• Needs at least $91 book value (+$26) for target share price $13 ("single drop").
• Otherwise, target share price is $12 ("double drop").
• Companies:
  • BSE[2] ($1–$3) +$1
    
    • +$1: BPM[7] SX[16] MS[17] PR[19]
  • AKE[6] ($3–$8) +$2
    
    • +$1: BPM[7] MHE[8] OL[14] MS[17] PR[19]
  • 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]
  • OL[14] ($7–$18) +$3
    
    • +$1: KME[5] AKE[6] MHE[8]
    • +$2: MS[17] PR[19] DSB[20] NS[21] DR[29]
  • 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]
  • 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]

Private company details

• Björn: –
• Dirk:
  • NS[21] ($11–$27) +$6
    
    • +$2: OL[14] PR[19]
    • +$4: B[22] DR[29] E[43] HA[47] HR[49]
• Georg:
  • SBB[26] ($13–$33) +$6
    
    • +$2: WT[11] BD[12]
    • +$4: SNCF[24] KK[25] DR[29] FS[37] CDG[56] FRA[58]
• Richard: –
• Ocki:
  • KK[25] ($13–$32) +$6
    
    • +$2: BY[13] SX[16]
    • +$4: PKP[23] SBB[26] DR[29] FS[37] FRA[58]