Rolling Stock PBM

Game: 4 (BGG PBF 1) (training) – Turn: 10 – Phase: 2 (form corporations)

Overview

(players in player order)

name	cash	value	companies
Brian	$52	$116	BR[33]	–	–	–	–	–	*1	–	–	–	–
Juho	$47	$117	SJ[30] BSR[40]	–	–	–	–	–	–	–	–	–	–
Adam	$20	$84	–	–	–	–	–	–	–	–	–	–	*4
Charlie	$30	$87	FS[37]	–	–	*1	–	–	–	–	–	–	–
Joakim	$34	$105	–	–	–	–	*2	–	–	–	–	*1	–
			Shares owned by bank	–	–	3	3	–	1	–	–	3	1
			Shares issued in total	–	–	4	5	–	2	–	–	4	5
			Share price	–	–	$20	$15	–	$31	–	–	$41	$16
			Treasury	–	–	$19	$25	–	$31	–	–	$11	$38
			Income	–	–	-$15	-$5	–	+$12	–	–	+$7	-$17
			Book value	–	–	$67	$36	–	$62	–	–	$150	$97
			Market capitalization	–	–	$80	$75	–	$62	–	–	$164	$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: -$8 -$8 -$8
• Closed companies: BSE[2] AKE[6]

Foreign investor

• Treasury: $32
• Income: +$13
• Companies:
  • KK[25] ($13–$32) +$6
    
    • +$2: BY[13] SX[16]
    • +$4: PKP[23] SBB[26] DR[29] FS[37] FRA[58]
  • E[43] ($22–$58) +$10
    
    • +$4: NS[21] B[22] SNCF[24] BR[33] HA[47] HR[49] LHR[54] CDG[56]

Corporation details

(in share price order)

• President: Joakim
• Share price: $41 (max payout per share: $13) — 4 shares issued
• Treasury: $11
• Income: +$7 (base income: +$33 — synergy bonus: +$30 — cost of ownership: -$56)
• Book value: $150 — market capitalization: $164
• Needs at least $180 book value (-$30) for target share price $50 ("double jump").
• Needs at least $164 book value (-$14) for target share price $45 ("single jump").
• Needs at least $148 book value (+$2) for target share price $37 ("single drop").
• Otherwise, target share price is $34 ("double drop").
• Companies:
  • BY[13] ($7–$16) +$3
    
    • +$2: WT[11] HE[15] SX[16] KK[25] DR[29]
  • OL[14] ($7–$18) +$3
    
    • +$1: KME[5] AKE[6] MHE[8]
    • +$2: MS[17] PR[19] DSB[20] NS[21] 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]
  • DSB[20] ($10–$26) +$6
    
    • +$2: OL[14] MS[17] PR[19]
    • +$4: DR[29] BSR[40] HH[48]
  • 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]
  • DR[29] ($15–$36) +$6
    
    • +$2: WT[11] BD[12] BY[13] OL[14] HE[15] SX[16] MS[17] PR[19]
    • +$4: DSB[20] NS[21] B[22] PKP[23] SNCF[24] KK[25] SBB[26] BSR[40] HH[48] HR[49] FRA[58]

• President: Brian
• Share price: $31 (max payout per share: $10) — 2 shares issued
• Treasury: $31
• 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:
  • SŽD[31] ($16–$43) +$12
    
    • +$4: PKP[23]

• President: Charlie
• Share price: $20 (max payout per share: $6) — 4 shares issued
• Treasury: $19
• Income: -$15 (base income: +$10 — synergy bonus: +$7 — cost of ownership: -$32)
• Book value: $67 — market capitalization: $80
• Needs at least $88 book value (-$21) for target share price $24 ("double jump").
• Needs at least $80 book value (-$13) for target share price $22 ("single jump").
• Needs at least $72 book value (-$5) for target share price $18 ("single drop").
• Otherwise, target share price is $16 ("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]
  • 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]
  • 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]

• President: Adam
• Share price: $16 (max payout per share: $5) — 5 shares issued
• Treasury: $38
• Income: -$17 (base income: +$15 — synergy bonus: +$8 — cost of ownership: -$40)
• Book value: $97 — market capitalization: $80
• Needs at least $90 book value (+$7) for target share price $20 ("double jump").
• Needs at least $80 book value (+$17) for target share price $18 ("single jump").
• Needs at least $75 book value (+$22) for target share price $15 ("single drop").
• Otherwise, target share price is $14 ("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]
  • BD[12] ($6–$15) +$3
    
    • +$1: BME[1]
    • +$2: WT[11] HE[15] SNCF[24] SBB[26] DR[29]
  • HE[15] ($8–$19) +$3
    
    • +$1: BME[1] KME[5]
    • +$2: BD[12] BY[13] PR[19] 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: Joakim
• Share price: $15 (max payout per share: $5) — 5 shares issued
• Treasury: $25
• Income: -$5 (base income: +$3 — synergy bonus: +$0 — cost of ownership: -$8)
• Book value: $36 — market capitalization: $75
• Needs at least $80 book value (-$44) for target share price $18 ("double jump").
• Needs at least $75 book value (-$39) for target share price $16 ("single jump").
• Needs at least $70 book value (-$34) for target share price $14 ("single drop").
• Otherwise, target share price is $13 ("double drop").
• Companies:
  • WT[11] ($6–$14) +$3
    
    • +$2: BD[12] BY[13] SBB[26] DR[29]

Private company details

• Brian:
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]
• Juho:
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]
  • BSR[40] ($20–$54) +$10
    
    • +$4: DSB[20] PKP[23] DR[29] SJ[30] HH[48]
• Adam: –
• Charlie:
  • FS[37] ($19–$51) +$10
    
    • +$4: SNCF[24] KK[25] SBB[26]
• Joakim: –