Simcountry
Forum General W3C Corporations Going Public

W3C Corporations Going Public

A
Andy

All worlds
11 Aug 2017 09:28Link
The market value needed for corporations to go public is reduced from 500B to 400B
P
Porter

All worlds
11 Aug 2017 15:05Link
Oh wow, perhaps I missed it but is there any reason in particular for this?
A
Andy

All worlds
11 Aug 2017 16:33Link
In the past months, we have seen a general decline in the market value of corporations and we think it will continue.
This is a long term trend to reduce numbers in Simcountry in general and lifting the value of the simcountry currency a bit.

The 500B is standing there for a long time and it is quite hard to take a corporation public.

so there. It is now a little easier. Not really a major change. The PE ratio requirement of <40 is not changed.
S
Sheepman RGB

All worlds
11 Aug 2017 19:16Link
better stuff here. I orginally though it was less then 400B. 350B i thought awhile back. Oh well its better stuff like this in direction of better and easier for players to develop.
S
Skandar

All worlds
12 Aug 2017 08:57Link
Andy, on Thursday in this thread you said this would be decreased "within an hour or two". I still can't see that it has been implemented.

Can you let us know when we will see the effect of this change?
A
Andy

All worlds
12 Aug 2017 10:07Link
it happened already.
not within the hour, I had a meeting, but a bit later.

check a state corporation, it shows in a little window if the corporation can go public.
It used to say value <400B now it is <300B.

let me know please, if you have a difficulty finding it.
S
Skandar

All worlds
12 Aug 2017 11:15Link
1. Does this change only apply to state corporations, or also to enterprise-owned private corporations?

2. Do you mean >500B and now >400B?

3. Will this change also be applied to the Corporations > Manage > Public Offerings page?

4. Alexandria Oil (Commonwealth of Kahveh on White Giant) is worth 419B SC$ with P/E of 30.3 and the message on its page is still that it needs to be worth >500B. I've checked a few more that should be able to go public under the new rules and they can't.

Many thanks for your quick responses so far.
A
Andy

All worlds
12 Aug 2017 13:52Link
Thanks for alerting me.

My bad.
It was done on three worlds.
It is now done on all worlds and I checked your corporation, it can go public now.
Market value needs to be >400B

The same applies for enterprise owned corporations.
S
Skandar

All worlds
12 Aug 2017 15:12Link
All good now, thanks.