| Monday, May 9, 2011 - 10:48 pm |
Back when I first started I did a lot of public offerings on my state corporations, now I have 15 state controlled public corporations which I feel are contributing very little to my country (about 6B in dividends total).
So my question is... if these 15 corporations were bought up by CEO's, about how much more profit would that mean for my country?
| Tuesday, May 10, 2011 - 01:30 pm |
If you only have state controlled, tax them at 75% to get a reasonable income. If a CEO takes them over dont tax at all and the CEO corps will pay you 40% of sales. The latter will make you more money unless you know how to manipulate the state publics well. The choice is a personal preference and is frequently discussed.
The actual money figures are impossible to say, it depends on corp type, salaries, market prices, welfare, trade strategies etc.
| Tuesday, May 10, 2011 - 02:59 pm |
I'm running a 0% tax country with tons of CEO corps, 75% tax isn't an option for me so It's probably best I look for some way to get these corps to CEO's. What would you say is the best way to do that?
My idea was to drop the number of shares I hold to 20% or less and sell these corps on the stock market.
| Tuesday, May 10, 2011 - 03:20 pm |
Why would you want to hold 20% of the shares? I don't see the point unless you're planning to buy all the shares back in that corporation one day. The only time I would sell the shares from my corps is if my country's funds are very short and then one day buy them back when im financially strong.
| Tuesday, May 10, 2011 - 03:23 pm |
So if possible if I were you is don't sell any shares off unless your country's funds is in a REALLY bad financial state. Don't do it for the sake of it.
| Tuesday, May 10, 2011 - 06:24 pm |
Dustin, have you got your own CEO? Thats obviously the way to go. If you havent, let me know your country and corp names and I can probably buy a controlling % (25% or up). You keep just under 25%, if you have another country, have its investment funds buy the maximum it can (I think thats 40% but it may have lowered recently), then I can move the corp leaving you the freed up workers for another CEO corp, your country keeps its just under 25% shares and your IF keeps its shares.
It might be better to contact me in chat or at Central scrutinizer (LU) if this seems like a good idea.
| Tuesday, May 10, 2011 - 10:03 pm |
I do have a CEO, but for whatever reason It doesn't seem to be letting me buy any shares of my corporations. I do already own 6 corps in my own country so that may have something to do with it.
Also, It's not that I have any issues with the corps being in my country, only that they're state corps and not contributing much to my profit. I'm trying to reach 120 financial index and switching those to CEO corps seems like a good way to go about it.
Country: Oblivion (LU)
A list of the corporations is below:
Chronicals Household Products
It will likely be awhile before I drop below 20% of shares owned, but I would much appreciate it if any CEO could take these off of my hands.
| Tuesday, May 10, 2011 - 11:21 pm |
I'm guessing your CEO is quite new otherwise you could buy controlling shares of as many corps in that country as you want, I have countries full of my own ceo corps.
Maybe you want to wait a bit, think its 30 or 45 days. Someone else might enlighten us there.
I'll buy into a couple like the HHP and electric, the rest personally I would close.
Offer 26M shares each for these 2 after the 16th (before about 20th) of any game month as soon as you can.
EDIT, it'll probably only let you offer 15% at a time so you might have to offer in two lots.
Any problems contact me personally, dont tie up the forums here, okies.