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Dividends?

Simcountry: Simcountry Bulletin Board  Dividends?

Total Return

Wednesday, October 08, 2003 - 01:29 pm Click here to edit this post
Another quick question. I am reading over the rules for the "new" stock market. Has there been any allowance for the distribution of wealth? What happens to profits? Can companies pay dividends?
I used to have "public" companies ( I owned 100% shares) which used to be worth 150m but would have 3 times that in cash. Is this still happening?

Missouri

Wednesday, October 08, 2003 - 08:48 pm Click here to edit this post
Yes it can however the dividends like percent of profit increase like they do in state corps.

Profit payments are the dividends.

What was dangerous with having a state corp with 3 times the MV in cash was someone would come along and buy it.

Next to impossible (not impossible just next to it) with a public corp. They can bid on it but even if they win the bid it's very rare they will be able to force you to sell the stock.

The market is immediately flooded with buy and sell orders and stock prices are usually over or under the buy/sell quotes.

Since the market is flooded there is no way to manipulate the share price so they just sit there for several game months and nothing changes.

About the only way to loose control of a public corp is by allowing someone else to gain a controlling interest. So if you are issuing new stock to pay off debt you better be buying at least some of it yourself.

Pawnkingia

Thursday, October 09, 2003 - 10:15 am Click here to edit this post
You can only buy 30% of a public corp so no-one can take control without a direct bid for the corp at a hugely inflated price !! Therefore no-one will ever buy a public company

CI

Thursday, October 09, 2003 - 10:35 am Click here to edit this post
an investment fund can only buy 30%, countries and CEO's can buy 51% however, with the country it has to be inside it's borders.

I take control of public corps every single day it seems.

Pawnkingia

Thursday, October 09, 2003 - 03:03 pm Click here to edit this post
Didnt know that ... sorry

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