NationStates Jolt Archive


The Day Hogsweat Sold Out to Capitalism [Buy my Economy here for MEGA CHEAP]

Hogsweat
23-12-2004, 16:57
With the destruction of the Stock Market, everything had dropped. The Dollar had skyrocketed against the formerly dominant pound, all foreign investors had sold their stock in Hogsweatian business, and the State Owned Commissions lost money at an alarming rate at an alarming amount. Immediately taking advantage, the Finance Ministry began selling of -all- shares for dirt cheap, hoping to gain some quick money with which to boost the economy.

Meanwhile, Every Company in Hogsweat (http://forums2.jolt.co.uk/showpost.php?p=7687094&postcount=24) was flogging its stocks in huge numbers:

(Stock is how much you earn from it. Say, if you buy 10% shares in Westenov Arms Production you earn 10% of it's income per year.

Westenov Arms Production
Stock Available: 75%
Price: 200 million USD per stock % [75% stock 15,000,000,000, 15 Bn USD]
The Government Contract WAP with approximately 8 tn a year. (Basically means it earns 8 tn a year)

Deinyokovosky Shipyards SOLD OUT
Stock Available: 75%
Price: 100 million USD per stock % [75% stock 7,500,000,000 7.5 Bn USD]
The Government Contract WAP with approximately 6.5 tn a year.

State Commodity Production: Automobiles: SOLD OUT
Stock Available: 85%
Price: 10 million USD per stock % [85% 850,000,000 stock 850 mn USD]
The Government Contract SCP Automobiles with approximately 2 tn a year.

State Commodity Production: Electronics
Stock Available: 30%
Price: 10 million USD per stock % [85% 800,000,000 stock 850 mn USD]
The Government Contract SCP Electronics with approximately 1.8 tn a year.

State Forestry Commission
Stock Available: 60%
Price: 11 million USD Per Stock % [60% 660,000,000 stock 660mn USD]
The Government contracts State Forestry Commission with approximately 5.4 tn a year

State Agricultural Commission
Stock Available: 60%
Price: 11 million USD Per Stock % [60% 660,000,000 stock 660mn USD]
The Government contracts State Forestry Commission with approximately 5.2 tn a year

State Mining Commission
Stock Available: 75%
Price: 8 million USD per stock & [75% 600,000,000 stock 600mn USD]
The Government Contracts State Mining Commission with approximately 7 tn a year

State Factory Commission
Stock Available: 60%
Price: 15 million USD per stock % [60% 900,000,000 stock 900mn USD]
The government contracts the State Factory Commission with over 6 tn a year

State Drilling Commission SOLD OUT
Stock Available: 90%
Price: 40 million USD per stock% [90% 3,600,000,000 stock 3bn 600mn USD]
The government contracts the State Drilling Commission with over 9 tn a year

Informaiton on them can be found Here (
http://forums2.jolt.co.uk/showpost.php?p=7687094&postcount=24)

Nations Owning Stock in Hogsweatian Business
Lethislavania: Automobiles 85%

DontPissUsOff: State Drilling 90%, Deinyokovosky Shipyards 75%
DontPissUsOff
23-12-2004, 17:05
We'll buy all the shares in the State Oil company, state Shipbuilding, and State agriculture.
Jonothana
23-12-2004, 17:06
Jonothana would like to purchase Westenov Arms Production.
The eternal-dragons
23-12-2004, 17:07
Official Memo from Eternal Dragon leaders:

After much discussion about investing we have finally decided to invest in the following:

State Agricultural Commission
60% Of all Shares

State Mining Commission
20% Of all shares

State Commodity Production: Electronics
Stock Available: 50%

This is all currently we shall be investing, although increases is likely. The payment of shares shall most likely be done in a set amount of initial capital, however as the years go on it will be on more of a fixed rate.

================================================
GloboCorp
23-12-2004, 17:08
GloboCorp wishes to buy 40 percent of the State Mining Commission shares at a total of 320 million USD.
Hogsweat
23-12-2004, 17:12
Jonothana would like to purchase Westenov Arms Production.
You didn't specify how many shares.
The Fedral Union
23-12-2004, 17:12
how much to by you out totaly ?
Hogsweat
23-12-2004, 17:22
All requests except DPUOs have been rejected OOCly because you didn't do any RP for them. (DPUO and Lethislavania will be doing their RPs later)
Menelmacar
23-12-2004, 17:30
In Menelmacar the catastrophe in Hogsweat was all over the financial news... everywhere, even. Anáriel nos Eärendil, already laughing over her pending Santa Barbaran acquisitions, was always ready to seize an opportunity. And this was an opportunity... guaranteed income for several years - even if the businesses all tanked thereafter, FHG could write off the investment and pull out with huge profits. There was also the chance to bring FHG in particular and Menelmacari capitalism in general to a formerly socialist state. Few days brought better news, actually. She did up her quick business case for Siri and the board, and then started making trades... she also wrote one additional check. It was about an hour later that she went before the press and made a statement.

"It was with great sadness and shock that I heard of the attack on the Hogsweat Stock Exchange. Fëanor Holdings Group has hereby formed the Anáriel nos Eärendil Foundation for the families of the victims of this horrifying terrorist attack, and its proceeds will be divided equally among the families. I have made an initial donation of one billion Menelmacari credits, and to all viewers of this program, donation information will be appearing along the bottom of your holo now. For anyone else, it will be posted to the FHG company website. Remember, it is tax-deductible.

"Further, FHG has hereby made moves to stabilize and invest in the Hogsweat economy. I'm pleased to note that we are ready and willing to purchase all remaining shares in the state enterprises up for auction at this time. I have already instructed FHG traders to execute the necessary trades at the earliest possible time. It is the hope of everyone at FHG that we can stave off disaster in Hogsweat, that the vicious terrorists responsible will be brought to justice, and that this investment will profit both FHG and the Hogsweatian people. Thank you... I'll take questions now..."
Hogsweat
23-12-2004, 17:44
Androv Antopontskin had wandered the world, as a reporter for Hogsweatian News, and it was entirely by chance he found himself in front of the Menelmacari elf. He pushed to the front, with his camera set and his microphone, and nearly pushed the device in front of the elf's face.

"Miss, miss! Androv Antopontskin, Hogsweatian State Broadcasting! How much of the profits will be taken by FHG?"
Menelmacar
23-12-2004, 17:45
"FHG will receive, of course, as much of the profits as it is entitled to. However, FHG, as owner of the business, will gladly reinvest some of the profits back into the business, in order to maintain profitability and ensure stable employment and prosperity for all Hogsweatians employed there. We will make every attempt to make these former government bureaucracies into efficient, profitable, and socially responsible firms that will be the envy of the world, and long-term jewels in FHG's crown. Next question?"
Communist Brazil
23-12-2004, 18:21
Official Statement from the People's Communist Party of Brazil

"As a unofficial ally and fellow socialist nation alongside Hogsweat, we are extrememly disturbed by the developments and the economic hardship Hogsweat is facing. However, by the look of the situation, we have determined that this is because of Hogsweat's policies.

The FPCB is proposing a joint project within both Brazil and Hogsweat. Major industries in Hogsweat are being destroyed by foreign investors, this must be stopped now. The Hogsweatian 'companies' must be nationalized and set up as worker controlled, we must eliminate the use of stock, as this is the root cause of the problem.

Many people misinterpret what Socialism is, and as the FPCB has admitted, we are not truly socialist, we are a social democracy. However, when in the course of these events, until globalization and internationalist movements have been unified, socialism will be hard to maintain.

However, the need is now for Hogsweat to adopt to socialist policy of the elimination of corporations. We need a true control not of the government, but of the worker, by establishing worker committees, a project we will work on in both Brazil and Hogsweat.

We see the same problem within our own nation, now it is time to eliminate the corporation. By keeping corporations alive, we are only furthering the capitalist's rule. Hogsweat must realize this now, and immediately nationalize its companies to eliminate the selling of stock. ALready, nations have bought this stock, this must be bought back.

The FPCB will help alleviate the economic problems in Hogsweat, and we ask the nations that have bought stock to sell it back through the FPCB. We will use our own funds to save Hogsweat, in hope of a better, socialist future may come of it.

The FPCB will not onmly pay back for the stocks that were sold, but we will also pay for the deficits within the state department. This debt will have no need for repayment, as this is out of necessity. We must show the world the truth actions and powers of socialism.

We are pleading with Hogsweat to join us in this endeavor. If you do not, you may have the temporary economic benfit, but you will loose the vision of socialism. Then you will no better than the revisionists, or even the imperialists.

This is a moment of critical importance. We hope you make the right decision.!"

Signed
O Presidente Juan Osvaldo Hernadez
http://thebigstory.org/bigstoryimages/history-chavez.jpg
Crookfur
23-12-2004, 21:15
In a highly unusual move the massive Crookfur Arms organisation (part government part coperation, its complicated) has put forward an aparrently highly generous offer for holdings in Westenov Arms, Electronics
comidities and the minning commission.

Crookfur Arms is willing to offer 150% of the asking price per share for the following stakes in each sector:

Westenov Arms Production: 55%
State Commodity Production: Electronics: 30%
State Mining Commission: 55%

it is estiamted that the deal woudl involve a figure in the region of $18billion

Crookfur Arms has promised that as with all thier holdings aproximatly 70% of all incoem would be directly reinvested into R&D programs and further 10-15% into other business areas. It was also proposed that Hogsweat based business woudl also be inline for work share and subcontracting work from some of CFA's major projects.
Upper Xen
23-12-2004, 21:28
OOC: Hope this works.....


IC:

Masaharu Fujishima of Nippon Electric Company was reading the Asahi Shimbun's Financial Section. It seemed the bottom had fallen out of Hogsweat's economy, and the Finance Ministry had been forced to sell shares in state run entreprises to survive....a seeming symbol of the failure of socialism.

Still, he would respond to this. He called the Hogsweatean Finance Ministry and asked to talk to whoever was in charge.....he had a proposition.

All of the remaining stock (30%) of the State Commodities Production Corporation, Electronics Bureau, for USD$300,000,000. A big deal for NEC, especially since the Zhang-Sakura monolith and the Voroshilov Company were outperforming them in the market.....
Pacitalia
23-12-2004, 21:33
Pacitalia will purchase all of the shares in the State Forestry Commission and we will create a corporation to manage our new interests in Hogsweat. Welcome to the world of capitalism.Vasiliou Bandanaris
Agustinate of International Relations
Hogsweat
23-12-2004, 22:33
OOC: Problem. Menelmacar has already bought basically all the shares. TG him if you want to contest them. And, I'm not Capitalist..
Upper Xen
23-12-2004, 22:43
OOC: What of my offer?
Strathdonia
23-12-2004, 23:00
OOC: Problem. Menelmacar has already bought basically all the shares. TG him if you want to contest them. And, I'm not Capitalist..


OOC: it was never really clear if you had accepted or not what with the first psot not being updated so i assumed there was a bit of room for gazumping. my appologies for misreading.



This is crookfur i can't be arsed logging out and back in.
Hogsweat
23-12-2004, 23:11
OOC: it was never really clear if you had accepted or not what with the first psot not being updated so i assumed there was a bit of room for gazumping. my appologies for misreading.



This is crookfur i can't be arsed logging out and back in.
K. For being crookfur, i'll give you 10% in arms :P
Crookfur
24-12-2004, 12:45
Why thank you :)
Cotland
24-12-2004, 12:50
Cotland wish to purchase whatever is left of shares in these branches:
Westenov Arms Production
Stock Available: 75%
Price: 200 million USD per stock % [75% stock 15,000,000,000, 15 Bn USD]
The Government Contract WAP with approximately 8 tn a year. (Basically means it earns 8 tn a year)

State Mining Commission
Stock Available: 75%
Price: 8 million USD per stock & [75% 600,000,000 stock 600mn USD]
The Government Contracts State Mining Commission with approximately 7 tn a year

Please tell me the price so that it can be added into the government expenses
The Merchant Guilds
24-12-2004, 13:19
IC:

The Shadows would like to enquire as to what protection investors have from Hogsweat turning Communist and just seizing all their invested capital.

If you can suggust a set of protectionist guidelines for this, we will be willing to buy the ENTIRE remaining Westanov Arms stake.

Regards,

The Shadows,

OOC: I can see this being a capital trap you know Hoggy... but if it's not I apologise...
Hogsweat
24-12-2004, 14:24
OOC: Unfortunately, it's all sold, I just forgot to edit =p
Communist Brazil
24-12-2004, 19:50
OOC: Unfortunately, it's all sold, I just forgot to edit =p
[OOC: Curious, are you going to answer my speech?]
Tyrandis
24-12-2004, 19:55
Statement from the Department of Foreign Affairs

"At this time, the Militant Imperium has made a bid for 51% of State Mining and Forestry's shares.

Also, now that we are the de facto owner of these corporations... all Hogsweatian natural resources are under Tyrandisan control. Have a nice day. ;)"
Schultaria Prime
24-12-2004, 21:39
A Message From The State Industries of Schultaria Prime: Designwerks


"Given your most recent financial projections, Designwerks would like to place a broad bid on all recently purchased and unclaimed stock. Given the paltry offers on these current shares, our company would like to buy all stock held by all entities at the price of 900 billion standard dollars with the possibility of reclaiming all industrial holdings after a period of twenty years. Designwerks believes that this will provide the Nation of Hogsweat the best hope for long term financial prosperity; in addition to an immediate infusion of hard currency, Designwerks will relinquish financial control of these industries when the government of Hogsweat is solvent enough to finance their operations.

We will be more than willing to negotiate with individual nations who have already purchased your stock to insure expedient transfer and payment."

Awaiting reply,
-Central Director Elliot Schultz
Hogsweat
24-12-2004, 22:01
I've already said that they're all sold out. Just haven't editedyet.