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Simcountry IPO error??

Topics: General: Simcountry IPO error??

Peter465092

Friday, June 8, 2012 - 05:32 pm Click here to edit this post
Basically one of my IPO corps keeps going aback up to a state corp after I keep putting it back to IPO. but now it's gone to state corporation again and no the pe is to high to bring it back go IPO corp

this is a ridiclious error, how is this happening??

Peter465092

Friday, June 8, 2012 - 05:40 pm Click here to edit this post
EDIT - this has now happened to TWO of my IPO corps, luckily the other one was ok so I could re-IPO it

Elric

Friday, June 8, 2012 - 07:21 pm Click here to edit this post
This seems to be how the new and improved version of the game will operate. Recently it was almost impossible to IPO anything it seems to be easier to do so now but since no one will invest in the IPO's it is still rather pointless.

Peter465092

Saturday, June 9, 2012 - 12:49 am Click here to edit this post
But I don't understand, why my IPO corps keep moving up back to state corps

Kitsune

Saturday, June 9, 2012 - 12:53 am Click here to edit this post
If you IPO and no shares are sold, those corporations will return to state corporation status eventually.

If you have more than one country, have your other country's investment fund buy 1 share of the corporation. You could have those IFs buy more shares if you want (and if the IF has money), but just 1 share sold prevents a return to state corporation status.

Crafty

Saturday, June 9, 2012 - 11:54 am Click here to edit this post
Why would you want the game to buy your shares? You're just selling your dividend income!

Dont try to get C3s to buy your shares, its bad economics, you dont IPO just for the sake of it. I suppose it gives you a small one off payment but really...every month after, that % of dividend is disappearing for you to never see again!

IPOing is a tool, use it wisely, not randomly sell your your shares to C3s. Sell these shares to your CEO or to your IFs (limited now) or do deals with friends.

Orbiter

Saturday, June 9, 2012 - 02:48 pm Click here to edit this post
their are some cool ways to IPO, by selling to C3s, but ya, for starters you should stick to the basics

Drew

Saturday, June 9, 2012 - 04:20 pm Click here to edit this post
That's what I do, buy 100 shares from my investment fund of my other countries. But crafty is right and i've tried to explain it to some people. You need a plan when IPOing. If you just want to do it because you can then you are just dilluting your ownership and profits. But once it's IPO'd it pretty much stays that way. And there are a lot of reasons to do so. Even for free players. That might make a good guide, of the things you can do with coutry controlled public corps.

Orbiter

Saturday, June 9, 2012 - 04:56 pm Click here to edit this post
i wrote one in the beginners forum, IPO basics.

but for instance, you can sell your shares down to 24%, and jack up your taxes to 75%, if you are decent at running corps, you'll make more than the standard CEO set up every one uses. and you'll make more money even after selling off 19% of the total profits... its quick, and easy. and some newb just might buy share control, giving you a 2 for 1!!!

Andy

Saturday, June 9, 2012 - 06:19 pm Click here to edit this post
I do not think there is any error here.
it is already explained by some here.

It is now easier to perform an IPO. we have published here before that PE values will decline. we have increased the required level temporarily and it is meant to be lowered again.

However, PE values will decline more and even if we require lower values to perform an IPO, it will remain easier to do so than before.

The appetite of investment funds to purchase shares depends on the amount of money they have and their own limits in terms of what they want to purchase and the profit level they expect before they sell the shares for profit.

The reason that some IPOs seem to succeed and then the corporation returns to its previous status is that unsold shares stay on the market for a limited period and the offers are retracted if there are no buyers.

We will look into the conditions for funds to purchase shares. Their aim is not to purchase shares but rather to purchase attractive shares and generate profit. we should not change that.

if the required PE value for IPO is in fact increased to a level which is too high, then it can create a situation where you can perform an IPO but the corporation is considered not profitable enough for the investment funds and none of them is purchasing the shares.

Redman

Sunday, June 10, 2012 - 02:51 am Click here to edit this post
"if the required PE value for IPO is in fact increased to a level which is too high, then it can create a situation where you can perform an IPO but the corporation is considered not profitable enough for the investment funds and none of them is purchasing the shares."

This is something you gm's have caused. Nothing we as players have done, nothing we as players have tweaked our corps to behave. This is all on the game and what you have done with your updates. All we do is tell you about the effect of your work and you come back at us like some general instructor. You did this not us.

Andy

Sunday, June 10, 2012 - 10:04 am Click here to edit this post
Redman,
this is probably true.

We have no clear limits for funds to invest. there are several conditions and a range of PE values they will purchase.

there was a complaint about the (near) impossibility to perform an IPO and we agreed to temporarily increase the required level.

Now that PE levels declined as expected, (they will decline more), we should remove the temporary increase in required PE level and then, we might end up within the range that is more attractive for investment funds.

Crafty

Sunday, June 10, 2012 - 10:14 am Click here to edit this post
Yes, I quite agree with the GM on this one.

After all, who would buy shares in a half arsed company not making good good profits and likely to make the investor a bunch of profit?

So GM made IPOing easier by relaxing PE threshold, now everyone complains no one buys shares of their over rated corps.

Get your corps well profitable and your P/E down around 10 - 12 and you will have no problem selling shares.

And it sounds like Orbiter might have some good ideas, no? Check out his guide.

Redman

Sunday, June 10, 2012 - 05:54 pm Click here to edit this post
I do not personally have any problems IPO'ng corps Crafty. I'm quite capable.

I just remember the P/E's going through the roof around April 11'ish I believe, during the first real "shrinking" update. When I got yapped at for getting my dates confused about the Selling of GC's and got into with the gm's. Since that time We've watched P/E's soar and soar and have had to have adjustments for IPO'ng.

And the gm's had to make IPO'ng easier because of the effect of the updates, not because people were stupid. Do not get mixed up Crafty. Corps got harder to IPO because their value was altered and profit was altered through updates not players being clueless about corps.

Many of us have given much advice on how to devalue your corp in order to IPO it and to those who did, thanks. With the expected lowering of P/E's a more true picture of corps and their correct values should appear not a "fake" value imposed to depreciate profit through "updates". Maybe some vets will get off our backs for speaking up and trying to get corp values and profit values back to normal when these P/E finally fall again.

I look forward to having decent and more correct P/E's and thank the GM's for at least recognizing they were rising too high.

Crafty

Sunday, June 10, 2012 - 08:08 pm Click here to edit this post

Quote:

I do not personally have any problems IPO'ng corps Crafty. I'm quite capable.




Good, then what are you complaining about?


Quote:

And the gm's had to make IPO'ng easier because of the effect of the updates, not because people were stupid. Do not get mixed up Crafty.




Huh? Looks like you are getting mixed up...again.

I generally post to offer solid answers to clear cut questions or I offer my opinion (gained with some experience) to questions that are not so black and white.

Dont even try to give me a bad rep Redman. Being helpful (hopefully) is about all I do in this game for now. I see you are willing to advise people too, so knocking each other will just result in the game suffering.

Andy

Sunday, June 10, 2012 - 08:56 pm Click here to edit this post
We are grateful for advice both of you are providing to many players here and recognize the good will.

also, both of you are right here. you do need to make you corporations more profitable and it is possible but it is also true that the tuning down of the numbers and values in the game in general, did not work at the same speed on all fronts.

It took some time and tuning to correct the balance and even now, we think that having your shares bought after an IPO is harder and should be improved.

we will lower the PE value needed for IPO but the PE values will keep declining and it should end up at a level that is attractive to funds while only allowing very profitable corporations with low PE values to go public.

Andy

Sunday, June 10, 2012 - 08:59 pm Click here to edit this post
Making the shares more attractive for funds should be done by true lowering of the PE values and not by reducing the funds buying conditions and making them purchase bad shares.

Redman

Sunday, June 10, 2012 - 10:37 pm Click here to edit this post
Crafty, no one is trying to do anything here with anyone's rep. I have no idea what you are talking about. You have always helped and tried to help others with tips and advice. I have never ever put you down or spoken bad about you or your advice.

You seem to have issues with me and my trying to get somethings corrected. I am not sure where this stems from but I do not like it and I do not like your attitude and belittling comments towards me. This is twice now you have personally put me down.

I have done nothing to you, not spoken bad about you, not posted belittling or rude comments in a single post of yours. I ask for the same respect in return. You are a long time vet with years of experience that can only help new players and vet alike. I offer my utmost respect to you and the other vets here as I have never attacked anyone, but I will not sit idly by and have someone attack me either.

I have no issues with you at all and never have. I certainly am not trying to give you or any other player a bad rep and resent the implication. This game has frustrated me and I apologize if you think I have in anyway put you down or belittled you with any post meant for the game. I hope we can move on from whatever misunderstanding we are having.

red

Marshal Ney

Monday, June 11, 2012 - 05:35 am Click here to edit this post
The reason to have computer controlled countries purchase your IPO shares: large corporations with 10 or more investors get their quality limit extended to 230.

If you do not have sufficient countries,enterprises, or friends that would be a factor.

Consider advertising amongst your Federation or Common Market or on the forums for investors.

Andy

Monday, June 11, 2012 - 05:36 pm Click here to edit this post
It is not depending on the number of share holders.
you can upgrade a public corporation to q250 (instead of q225) if the largest share holder in the corporation holds no more than 25% of the shares.

Marshal Ney

Monday, June 11, 2012 - 05:46 pm Click here to edit this post
I apologize for my error. Was sure I read that somewhere.

Was that q250 a typo? If not the documentation needs updated.

From enterprises 11 Corporation's quality - last paragraph

Upgraded public corporations can now reach a level of 230. This level is only possible in public corporations that have most of their shares traded on the market and the largest shareholder owns less than 25% of the shares.

Crafty

Wednesday, June 13, 2012 - 10:10 pm Click here to edit this post
@Redman

I quoted the two comments I found 'belittling'. Your word, not mine.

We have both dealt with far more obstinate ignoramuses than ourselves so I consider this minor fracas over.

Go in peace, Crafty.

Phoenix King

Wednesday, June 20, 2012 - 08:28 pm Click here to edit this post
Glad to see all the IPO stuff has been fixed.

Spiderman

Wednesday, June 20, 2012 - 10:06 pm Click here to edit this post
@ Redman, Me thinks you "over thunk" Crafty's initial post. :-) In his defence, I can see where he would have taken exception to your post in the way you worded those two quoted statements.

Friday, April 12, 2013 - 10:11 pm Click here to edit this post

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