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Forum Beginners Share Market Question

Share Market Question

B
Baconator

All worlds
24 Nov 2012 15:40Link
When I attempt to buy shares of public corporations controlled by my enterprise in my main country for my main country it gives me this, "Your country can only buy shares of corporations you control." Is there a way around this rule? I have already tried nationalizing them but even with 30 trillion on hand it will not let me bid.
C
Crafty

All worlds
24 Nov 2012 19:41Link
Hmm, try nationalisng again. You should be able to do that. I cant see why you would want to but...

I presume your country owns some shares of these corps does it. If it does, the only way I can see around it is have your enterprise sell enough shares until your country holds the controlling percentage, then buy the outstanding shares back with your country. This might involve manipulating the MV of the corps and setting your target percentage for your country if your enterprise sells it shares to IFs initially.
B
Baconator

All worlds
24 Nov 2012 20:58Link
My country doesn't own any shares in any of corporations I'm referring to. They have already gone through an IPO and my enterprise controls all of them with less than 25% of the shares. I have continued to try nationalizing the corporations but it continues to tell me I don't have enough money.
D
Drew

All worlds
25 Nov 2012 02:00Link
Yup, this is tricky, these are steps I go through repeatably all the time.

So the only way a non controlling country can obtain shares of a public corp is to nationalize. What will happen is: The country will obtain all of the current controllers shares. So if IF #1 owns 40% and ENT #1 owns 25% ENT #2 owns 15%, and IF #2 owns 20% the result will be; Country owns 25% IF #1 and #2 will own 40% and 20%(unchanged) and ENT #2 will own 15% (unchanged). And so the only one loses is the one who controls.

If you wanted lets say to have ENT #1 and Country both to own and take fro, the second enterprise you would have to nationalize sell your shares to the enterprise so that both are under the second enterprise. But in reality it is easier to sell to an ENT than sell to a country so have the country be the owner and having the enterprise takeover at the end is definately the preferred method.

As for you error. This is
?

All worlds
29 Dec 2012 17:07Link
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?

All worlds
06 Jan 2013 00:47Link
Authentication Error

By: (IP:199.192.154.24)

You can only post messages if you are logged on as player of simcountry.
You must also have a country in one of the worlds.
New members can join the forum about 48 hours after registration.
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