Rolling Stock PBM

Game: 4 (BGG PBF 1) (training) – Turn: 8 – Phase: 2 (form corporations)

Overview

(players in player order)

name	cash	value	companies
Brian	$41	$72	SŽD[31]	–	–	–	–	–	–	–	–	–	–
Charlie	$29	$70	–	*1	–	*2	–	–	–	–	–	–	–
Juho	$43	$73	SJ[30]	–	–	–	–	–	–	–	–	–	–
Joakim	$12	$72	–	–	*1	–	*1	–	–	–	–	*1	–
Adam	$20	$84	–	–	–	–	–	–	–	–	–	–	*4
			Shares owned by bank	5	4	1	3	–	–	–	–	3	0
			Shares issued in total	6	5	3	4	–	–	–	–	4	4
			Share price	$5	$7	$18	$22	–	–	–	–	$31	$16
			Treasury	$5	$7	$3	$45	–	–	–	–	$48	$0
			Income	-$1	-$2	+$5	+$8	–	–	–	–	+$20	+$11
			Book value	$11	$9	$51	$90	–	–	–	–	$124	$59
			Market capitalization	$30	$35	$54	$88	–	–	–	–	$124	$64

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:
  • 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]
  • BR[33] ($17–$46) +$12
    
    • +$4: E[43] LHR[54]
  • 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]
  • E[43] ($22–$58) +$10
    
    • +$4: NS[21] B[22] SNCF[24] BR[33] HA[47] HR[49] LHR[54] CDG[56]
• Drawn but not available for auctions: –
• In the deck: game end card
• Cost of ownership: -$3 -$3
• Closed companies: –

Foreign investor

• Treasury: $36
• Income: +$11
• Companies:
  • KK[25] ($13–$32) +$6
    
    • +$2: BY[13] SX[16]
    • +$4: PKP[23] SBB[26] DR[29] FS[37] FRA[58]

Corporation details

(in share price order)

• President: Joakim
• Share price: $31 (max payout per share: $10) — 4 shares issued
• Treasury: $48
• Income: +$20 (base income: +$18 — synergy bonus: +$8 — cost of ownership: -$6)
• Book value: $124 — market capitalization: $124
• Needs at least $136 book value (-$12) for target share price $37 ("double jump").
• Needs at least $124 book value (+$0) for target share price $34 ("single jump").
• Needs at least $112 book value (+$12) for target share price $28 ("single drop").
• Otherwise, target share price is $26 ("double drop").
• Companies:
  • 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]
  • 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]

• President: Joakim
• Share price: $22 (max payout per share: $7) — 4 shares issued
• Treasury: $45
• Income: +$8 (base income: +$12 — synergy bonus: +$2 — cost of ownership: -$6)
• Book value: $90 — market capitalization: $88
• Needs at least $96 book value (-$6) for target share price $26 ("double jump").
• Needs at least $88 book value (+$2) for target share price $24 ("single jump").
• Needs at least $80 book value (+$10) 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]
  • BY[13] ($7–$16) +$3
    
    • +$2: WT[11] HE[15] SX[16] KK[25] DR[29]
  • NS[21] ($11–$27) +$6
    
    • +$2: OL[14] PR[19]
    • +$4: B[22] DR[29] E[43] HA[47] HR[49]

• President: Charlie
• Share price: $18 (max payout per share: $6) — 3 shares issued
• Treasury: $3
• Income: +$5 (base income: +$10 — synergy bonus: +$7 — cost of ownership: -$12)
• Book value: $51 — market capitalization: $54
• Needs at least $60 book value (-$9) for target share price $22 ("double jump").
• Needs at least $54 book value (-$3) for target share price $20 ("single jump").
• Needs at least $48 book value (+$3) for target share price $16 ("single drop").
• Otherwise, target share price is $15 ("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) — 4 shares issued
• Treasury: $0
• Income: +$11 (base income: +$15 — synergy bonus: +$8 — cost of ownership: -$12)
• Book value: $59 — market capitalization: $64
• Needs at least $72 book value (-$13) for target share price $20 ("double jump").
• Needs at least $64 book value (-$5) for target share price $18 ("single jump").
• Needs at least $60 book value (-$1) 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: $7 (max payout per share: $2) — 5 shares issued
• Treasury: $7
• Income: -$2 (base income: +$1 — synergy bonus: +$0 — cost of ownership: -$3)
• Book value: $9 — market capitalization: $35
• Needs at least $40 book value (-$31) for target share price $9 ("double jump").
• Needs at least $35 book value (-$26) for target share price $8 ("single jump").
• Needs at least $30 book value (-$21) for target share price $6 ("single drop").
• Otherwise, target share price is $5 ("double drop").
• Companies:
  • BSE[2] ($1–$3) +$1
    
    • +$1: BPM[7] SX[16] MS[17] PR[19]

• President: Charlie
• Share price: $5 (max payout per share: $1) — 6 shares issued
• Treasury: $5
• Income: -$1 (base income: +$2 — synergy bonus: +$0 — cost of ownership: -$3)
• Book value: $11 — market capitalization: $30
• Needs at least $36 book value (-$25) for target share price $7 ("double jump").
• Needs at least $30 book value (-$19) for target share price $6 ("single jump").
• Otherwise, target share price is $0 (bankrupt).
• Companies:
  • AKE[6] ($3–$8) +$2
    
    • +$1: BPM[7] MHE[8] OL[14] MS[17] PR[19]

Private company details

• Brian:
  • SŽD[31] ($16–$43) +$12
    
    • +$4: PKP[23]
• Charlie: –
• Juho:
  • SJ[30] ($15–$42) +$12
    
    • +$4: BSR[40]
• Joakim: –
• Adam: –