| Friday, August 3, 2012 - 03:21 am |
all my public corps are all truly public and fully upgraded most of them make a solid profit around 10B a year and they pay good salarys they have been making profits and paying what I think are small dividends compared to profits...after many years they have begun accumulating large ammounts of cash reserves from 100 to 200 billion my question is
| Friday, August 3, 2012 - 05:17 am |
You could set their profit transfer to 100% so they pay the maximum dividends to shareholders. You also could have the corps do share repurchases and have your country or CEO sell their shares back to the corps.
I think a corp has a lifespan. Initially, it's business is to produce profitable products. Then once it has accumulated lots of cash, it's business is to distribute that cash to shareholders.
| Friday, August 3, 2012 - 10:26 am |
When your cash holdings are too high the corp pays a one time huge dividend. So if you don't need the money immediately it really doesn't matter what you set the profit payment to cuz once it has like 250B sitting around boom! like 50B dividend to be repeated when it builds back up.
(This is an observation I have, and it's not been confirmed, I tested it but it took so long to occur I only did it with 2 corps and it held true)
| Friday, August 3, 2012 - 01:21 pm |
It will buy back shares automatic, what results in forced sells of your shares but the % of the company you own will be still the same...
| Friday, August 3, 2012 - 07:28 pm |
The profit transfer setting does matter. It influences the amount of profit transfer. If not, then what is the function of that setting?
I don't believe corps repurchase shares automatically unless the owner creates the order.
It could be that a country or CEO needs to check that its portfolio targets aren't causing unwanted share repurchases.
| Friday, August 3, 2012 - 08:03 pm |
Madoff I think you misunderstand what I meant, and I don't what joriss said was true. Money sitting in a corp does no good, so the game automatically pays out dividends when the cash holdings are too high. Since this is the case profit transfer doesn't matter if your holdings border this value anyways. It just dictates how quickly you will get to use the disbursements. So profit transfer only matters if you are in need of capital. This can easily allow players to change their ownership level to control how much they make on dividends.
| Saturday, August 4, 2012 - 12:45 pm |
Profit transfer % determine how much % is distribute to the share holder.
If u set the % high, the corp will not accumulate cash. All the profit will be distributed accordingly.
If u set the % low, the corp will accumulate cash and once the corp had more than 200B, it will be transfer back to the enterprise.
Cash Transfers To and From Corporations 10.00B SC$
U can see this in the profit statement.
This is my observations.
Maybe Andy can tell us more.
| Saturday, August 4, 2012 - 03:27 pm |
Profit transfers seem to inspire some peculiar myths.
A profitable corp distributes some cash if the profit transfer is >0%, and if it has more cash than loans. The corp doesn't have to wait until it has 200b cash to distribute some cash.
A profitable corp that has 50b in net cash will distribute some cash automatically, regardless of the profit transfer setting.
From the documentation on Managing Corporations:
"19. Profit payments
Corporations with large amounts of cash are forced to transfer some of the cash to their owners. These transfers begin at net cash levels of around 50 B and amount to 2 B per game month and they are increased if net cash is at 100B and 300B levels."
However, I have not seen profitable corps with a net cash of 50b make regular monthly payments of 2b. But they periodically pay something, usually less than 2b.
I have not seen profitable corps with a net cash of 250b automatically pay 50b.
| Monday, August 6, 2012 - 05:15 am |
Cash Transfers To and From Corporations 30.00B SC$
I had excess cash transfer back evry month w/o fail.
| Monday, August 6, 2012 - 12:16 pm |
It basically works like if you transfer none of the profit out every month then the corps cash will grow quicker and at some level (60B ish for state, 220B ish for private) it will dump a load back to your country. Remember you are getting several corps doing this.
On the other hand you can transfer a percentage out every month and the corp will take longer, if at all, to get to the max cash before auto transfer out.
I dont think the quoted figures of 2B etc are up to date.