State Corporations Going Public

The Republic of Kochatka is currently conducting IPOs of three state-run air-transport corporations. Each of these corporations is extremely profitable, currently earning an average of 0.92 billion SC$ monthly. The president intends to sell a controlling share of each of these corporations to one CEO or another, but intends to sell the shares in small increments in order to prevent all of the shares being monopolized by any one CEO. This is because Simcountry gives an automatic boost to CEO-run corporations, and also to corporations whose majority shareholders own less than 25% of the shares. It is the president's hope that a controlling share of exactly 24% of each of these corporations will be bought by one CEO or another, with another 23% being retained by the government in order to supplement the government's revenue, and with the remaining shares being bought by numerous minority shareholders. All CEOs are encouraged to begin buying shares as

How many shares is 24%?

Currently there are 1.6 billion shares of each corporation, so currently 24% of one corporation would be 384,000,000. Be warned that there is already substantial demand for these shares from investment funds, so it's probably best if you set your portfolio targets for any of these corporations you wish to control, to 24% preemptively before I sell anymore shares, so that the shares won't all be snatched up by investment funds. I'll try not to sell anymore shares of any of these corporations (I still own 85% of each of them.) until I know that someone has set their enterprise's portfolio target to 24% of that corporation, to ensure that they'll have a chance to buy them. However, it is probably best to do so quickly before any more demand arises from investment funds.

Update: Control of the corporation "Rano Air Transport" has been successfully transferred to a CEO through trading of shares, and so that corporation is no longer available. However, the other two air transport corporations, "Etan Air Transport" and "Domon Air Transport" are still up for grabs. Lately these corporations have been making slight losses because they just passed through the bottom of the market cycle for air transport. Consequently, their price/earnings ratio is very low. Also, their profits are starting to rise again and will probably rise a great deal in the near future as the market cycle continues. These two factors, the low P/E ratio and the likelihood of a substantial increase in profitability in the near future make the acquisition of these corporations an excellent investment at the moment. Each of those two corporations has 100,000,000.00 shares outstanding, of which 15,000,000.00 shares, or 15%, of each has al

I forgot to mention, The Republic of Kochatka still plans to retain 23% of the shares of each corporation, to supplement its government's revenue.

*bump*

Seriously! Why is no one buying shares in these corporations? The air transport corporations recently went through a low point in the market cycle for air transport, and so for a short time they were losing money, but I just checked a moment ago, and they are bouncing back dramatically. "Etan Air Transport" and "Domon Air Transport" are each earning over 700,000,000 SC$ monthly, each with a market value of less than 11.00B SC$! Why is no one buying them? They're both very profitable and ridiculously undervalued! You can examine them for yourselves from the corporation page of The Republic of Kochatka.

couldn't find em

buying shares in domon

Update: The air transport corporations haven't been working out. Although they've had short spurts of exceptionally high profitability, overall they've proven to be less profitable than most other corporations. Consequently, I've closed down "Etan Air Transport" and "Domon Air Transport". "Rano Air Transport" will for the time being be permitted to remain in the republic as a CEO controlled corporation in case economic trends change.