W3C - Game News May 8

1. The Advisory System - Next step

As of today, the advisory system is active for all players in game levels 1 to 4. It is on by default and can be turned off on the automation pages.

The number of different messages is increased from 10 to 30 and it is leading players to many more improvements in their economies. Each advice shows once in two weeks and will of course disappear if the problem does not exist anymore.

A "Next Advice" button will be added on May 15 and will make it possible to see more than one message. Currently, one single message is showing at log in. Players will be able to go through all the messages and fix all that needs fixing in their countries in one go.

Players who follow the advice will quickly improve their finances and their countries will become profitable. A fast buildup of an army may however change this as large armies require large investments in weapons and ammunition and use many people as soldiers and officers.

2. P/E ratio needed for an IPO

The P/E ratio that is required for a corporation to perform an IPO is increased in two steps from 33 to 50. It will make it easier for players to take their corporations public.

We expect P/E ratios to decline in the coming months and if so, the required P/E ratio may decrease to its previous level.

3. Cash Market offers

Cash market offers are now sorted by their date so that ones that were offered first will stay at the top of the queue if their offer price is equal to the following offers.

4. Permission for Private corporations

Presidents need to give their permission for the setting up of private corporations in their countries. If the president does not react and refuses, an automatic permission is given.
The period between the request and the automatic acceptance is now 24 hours or longer on all worlds. The period was shorter on most of the worlds.

5. Gold Coin award for gaining higher war levels on all worlds

The function is now corrected and functional on all worlds. An error caused it to malfunction in the past week. After the error was fixed, all players were awarded any gold coins they earned and did not receive before.

i guess i shouldn't give away my tricks

the problem with IPO's, isn't exactly the "P/E," ratio.

PE is a function of the size of the monthly profit compaired to the market value of the corp. a corps value can out run the profit, and once it does, its difficult to bring the market value back down...

if a corp makes 1B profit a GM, that means it will out run the PE of 50 at 500B, so once it rises above 500B, it can not be IPOd. Unless you find a way to lower the value of the corp.

honestly, bring back the 2 of 3 neccessary conditions. IPOing is and always has been an advanced procedure.

market values of corps, in SC have always been exploded. for some reason W3C seems to measure profitablity of corps via the market value. but when you look at bidding for corps, a corp that makes 0.5B profit at 450B market value, would cost 850B to buy, and take about 1700 GMs to pay itself back... thats nearly 10 RL months on LU. That has always seemed a bit over done to me.

"honestly, bring back the 2 of 3 necessary conditions. IPOing is and always has been an advanced procedure."

Are we to take this statement that you want IPO procedures to be tougher? Is that what you are saying?

Orbiter does not know the changes that have happened since he's been gone. They are not the same as when he left. Corps are completely different now. They are bigger with more employees and make 1/2 the profit they did when he left. He will see for himself soon enough.

Hmm that did not post well. I agree with orbiter and love that info. I just wanted him to see how corps are now and that they have changed slightly is all. I'm going to try to devalue some corps to get them to ipo.

Makes sense then.

On another note........cool avatar Orbiter!

thanks Christopher, its Gir, from Invader Zim

anyways, i don't want to make IPOs harder

it used to be, that their where three conditions for IPOing. The 2 we have now, and Corp Assets, that is corp cash and supplies. But you only had to meet 2 of the 3 conditions.

So you could have a big market value, that would out run the profits, killing the PE ratio. But if the corp had good supplies, (and the large market value proves its success,) you could still IPO, even with terrible PE ratio.

They changed it to what we currently have. Stating that it was to complicated for new players to understand.

I got you Orbiter.......I mistook your post ;-)