Rolling Stock PBM

Game: 3 (full) – Turn: 7 – Phase: 5 (foreign investor buys companies)

Overview

(players in player order)

name	cash	value	companies
Dirk	$19	$71	NS[21]	–	–	–	–	–	*1	–	–	–	–
Richard	$13	$65	RENFE[32]	–	–	–	–	–	–	*1	–	–	–
Björn	$5	$71	–	*3	–	–	–	–	–	–	–	–	–
Ocki	$4	$55	BR[33]	–	–	*1	–	–	–	–	–	–	–
Georg	$3	$59	–	–	*2	–	–	–	–	–	–	–	–
			Shares owned by bank	4	0	2	–	–	1	4	–	–	–
			Shares issued in total	7	2	3	–	–	2	5	–	–	–
			Share price	$22	$28	$18	–	–	$31	$20	–	–	–
			Treasury	$31	$12	$0	–	–	$32	$55	–	–	–
			Income	+$31	+$12	+$12	–	–	+$12	+$12	–	–	–
			Book value	$139	$61	$54	–	–	$62	$117	–	–	–
			Market capitalization	$154	$56	$54	–	–	$62	$100	–	–	–

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:
  • 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]
  • HA[47] ($24–$69) +$15
    
    • +$4: NS[21] B[22] SNCF[24] 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]
  • 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: –

Foreign investor

• Treasury: $22
• 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: Dirk
• Share price: $31 (max payout per share: $10) — 2 shares issued
• Treasury: $32
• Income: +$12 (base income: +$12 — synergy bonus: +$0 — cost of ownership: +$0)
• Book value: $62 — market capitalization: $62
• Needs at least $68 book value (-$6) for target share price $37 ("double jump").
• Needs at least $62 book value (+$0) for target share price $34 ("single jump").
• Needs at least $56 book value (+$6) for target share price $28 ("single drop").
• Otherwise, target share price is $26 ("double drop").
• Companies:
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]

• President: Georg
• Share price: $28 (max payout per share: $9) — 2 shares issued
• Treasury: $12
• Income: +$12 (base income: +$12 — synergy bonus: +$6 — cost of ownership: -$6)
• Book value: $61 — market capitalization: $56
• Needs at least $62 book value (-$1) for target share price $34 ("double jump").
• Needs at least $56 book value (+$5) for target share price $31 ("single jump").
• Needs at least $52 book value (+$9) for target share price $26 ("single drop").
• Otherwise, target share price is $24 ("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]
  • SBB[26] ($13–$33) +$6
    
    • +$2: WT[11] BD[12]
    • +$4: SNCF[24] KK[25] DR[29] FS[37] CDG[56] FRA[58]

• President: Björn
• Share price: $22 (max payout per share: $7) — 7 shares issued
• Treasury: $31
• Income: +$31 (base income: +$31 — synergy bonus: +$18 — cost of ownership: -$18)
• Book value: $139 — market capitalization: $154
• Needs at least $168 book value (-$29) for target share price $26 ("double jump").
• Needs at least $154 book value (-$15) for target share price $24 ("single jump").
• Needs at least $140 book value (-$1) for target share price $20 ("single drop").
• Otherwise, target share price is $18 ("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]
  • SŽD[31] ($16–$43) +$12
    
    • +$4: PKP[23]

• President: Richard
• Share price: $20 (max payout per share: $6) — 5 shares issued
• Treasury: $55
• Income: +$12 (base income: +$15 — synergy bonus: +$9 — cost of ownership: -$12)
• Book value: $117 — market capitalization: $100
• Needs at least $110 book value (+$7) for target share price $24 ("double jump").
• Needs at least $100 book value (+$17) for target share price $22 ("single jump").
• Needs at least $90 book value (+$27) for target share price $18 ("single drop").
• Otherwise, target share price is $16 ("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: $18 (max payout per share: $6) — 3 shares issued
• Treasury: $0
• Income: +$12 (base income: +$12 — synergy bonus: +$6 — cost of ownership: -$6)
• Book value: $54 — market capitalization: $54
• Needs at least $60 book value (-$6) for target share price $22 ("double jump").
• Needs at least $54 book value (+$0) for target share price $20 ("single jump").
• Needs at least $48 book value (+$6) for target share price $16 ("single drop").
• Otherwise, target share price is $15 ("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]

Private company details

• Dirk:
  • NS[21] ($11–$27) +$6
    
    • +$2: OL[14] PR[19]
    • +$4: B[22] DR[29] E[43] HA[47] HR[49]
• Richard:
  • RENFE[32] ($16–$45) +$12
    
    • +$4: SNCF[24] MAD[45]
• Björn: –
• Ocki:
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]
• Georg: –