Kushambadzira kwemusika wemari ndechimwe chezvikamu zvakakosha mukuongorora kwehunyanzvi uye kana iwe uchiziva mashandiro neiyi nhanho yemutengo unogona kuzadzisa zvinangwa zvako Iwe unogona kuvandudza iri zano rekudyara panguva ino nekambani yemachira Inditex sezvo iri padyo padyo nekurwisa kwayo kwekutanga uye kwepedyo. Kuva kambani hombe ine mvumo yevanonyanya kuongorora misika vanoongorora avo vakasarudza kuikurudzira gore rinouya.
Kune izvi zvinofanirwa kuwedzerwa chokwadi chekuti kutengesa kwaZara, uko zvakare kunosanganisira Zara Kumba, kwakakwira ne7,2% muhafu yekutanga yegore rayo remari 2019-2020 (kubva munaKukadzi 1 kusvika Chikunguru 31), kusvika pamamirioni mamirioni 8.895, sekureva ruzivo rwunotumirwa nekambani kuNational Securities Market Commission (CNMV). Inditex mureza unoramba uchiramba uri mucherechedzo nemari yepamusoro muboka. Idzi inhau dzakanaka kwazvo kune vashoma uye vepakati varimi vanotarisira kutora zvigaro muukoshi hwemakore mashoma anotevera.
Nepo kune rimwe divi, hazvifanirwe kukanganikwa kuti iyi yakanyorwa kambani ndeimwe yemakambani akatsiga ayo akaverengerwa mune yakasarudzika index yeSpanish equities, iyo Ibex 35. Mupfungwa iyi, ndeyechipiri ine capitalisation yepamusoro, nepamusoro pemapoka makuru emari, senge Santander kana BBVA. Kunyangwe ichokwadi kuti purofiti yayo mumakore achangopfuura haina kunge yakaita seyakare. Asi panguva chero ipi zvayo inogona kutangazve nzira yayo yekumusoro kuti iite imwe yemakambani anobatsira kwazvo muSpanish equities.
Inditex inotengesa makumi maviri nemasere
Parizvino, kukosheswa kwemasheya ekambani yemachira kuri pamusoro zvishoma makumi maviri nemasere euros pamugove. Ndiri kureva, ndichiri chimwe chinhu kure neese-nguva-dzakakwirira mairi yaive pedyo kusvika makumi mana emaurore makore akati wandei apfuura. Mushure mekugadzirisa kumuka kwayo, yasvika mune ino mamiriro uye ine chinangwa chekutanga kupfuudza rutsigiro rwakasimba rwainayo pa40 euros. Kuti ukunde iine huwandu hwepamusoro hwekutsvaga, zvinogona kutariswa kuzadzikisa zvakanyanya kudzvanya makotesheni emazinga. Asi chinonyanya kukosha ndechekuti iyo yekumusoro maitiro yatangazve mune yepakati nepakati yakareba.
Kune rimwe divi, zvinoita kunge rakagadzira iyo pasi nhamba pa25 euros uye sekureba sekunge ichi chikamu chisina kutyorwa, kukosha kwacho kunogona kuvimbiswa. Kunyange hazvo zvinhu zvese zvichiita senge zvinoratidza kuti mumwedzi gumi nemiviri inotevera inogona kuve yekubhejera kunonyanya kubatsira kwesarudzo yeSpanish equity, iyo Ibex 35. Kusvika pakuongorora kwayo kwehunyanzvi panguva ino kunotipa zvese zvivimbiso pane ichauya zviitiko mumisika yemari. Iine mukana wechokwadi wekusvika kumatanho ane pakati pe33 ne35 euros pamugove. Mune chero zviitiko zvacho, unogona kuwana mihombe muhomwe mukuita kwako kubva zvino zvichienda mberi.
Weak dividend goho
Izvo pazviri pane zvinopesana, imwe yadzo isina kusimba mapoinzi iyo purofiti iyo yainopa kune vagovana vayo kune chikamu chinowanikwa gore rega rega. Mupfungwa iyi, ndeimwe yepasi-pasi mune yakasarudzika indekisi yeSpanish equities, iyo Ibex 35. Iine avhareji uye yegore kufarira kutenderera 3,5% uye pazasi pemachipisi ebhuruu emusika weSpanish wemusika. Kune rimwe divi, zvakafanirawo kusimbisa kuti zvikamu zveInditex zvakanyorwa zvisina kugadzikana pakati pemitengo yavo yepamusoro uye yepasi uye ichi chinhu chekudzikama kukuru kune vashoma uye varipakati varimi.
Hazvishamisi kuti tiri kutaura nezveimwe yemakambani epasirese ane mutsetse wakasimbiswa webhizinesi, uripo mune angangove makuru makuru epasi. Uye izvo mumakore achangopfuura zvakasimbisa ayo epamhepo kupatsanura kuti bhizinesi riwedzere kubatsirwa neakakura simuka mukuita purofiti kota yega yega. Kunyangwe zvisinga shamise mumhedzisiro yayo, sezvazvakaitika makore mashanu kana masere apfuura, kwaive neyakareba yekusimudzira rally iyo yaibvumidza vagovani vayo kuti vashandise zvakanyanya mari yavo, pavakazosvika pamutengo wepedyo kusvika makumi mana emauro.
Maitiro ekushandisa neiyo machira
Sisitimu yekusaita zvikanganiso muchisarudzo chinotevera chatichaita zvinoenderana nekumirira iyo kuti ipfuure nhanho dzainayo mu 30 euros nechinangwa chekutora zvinzvimbo mudura nenzira ine hukasha kupfuura pakutanga. Nedonzvo rekutambira mukuvhiya maeuro mashoma mukushanda uye nenguva yekusingaperi yakanangiswa kune yepakati uye yakareba. Nekuti zvirizvo, Inditex haisi chengetedzo yekuita yekufungidzira mashandiro. Kwete zvishoma. Kana zvisiri, pane kudaro, zvinoda mazwi akareba kuitira kuti kufamba kwayo mumisika yemari kuve kunobatsira.
Nepo kune rimwe divi, kana kune chero mamiriro ezvinhu, ikaenda pazasi makumi maviri nemashanu euros pamugove, paisazove nesarudzo kunze kwekugadzirisa zvigaro nekuti panenge paine yakasimba kwazvo kutengesa kumanikidza kunogona kudzikisira kukosha kwayo pamusika wemasheya. Zvisinei nekubatanidzwa kwayo mumutsara webhizinesi yairi kuita. Hazvishamisi kuti paizotove nemukana wekutenga zvikamu zvavo kubva mitengo yakasimba zvakanyanya uye iine kukosha kwakanyanya kwekudzokorora pane panguva ino chaiyo. Chero zvazvingaitika, haisi imwe yezvidziviriro zvinopa njodzi huru mukushanda nevatengesi.
Muongorori Akakurudzira Kukosha
Imwe yesimba reInditex ndeyekuti inonyanya kukurudzirwa nenhamba huru yevaongorori vezvemari venzvimbo yekudyara gore rinouya. Mushure mekuve usina kwawakarerekera kwenguva yakareba uye nekukahadzika kwakawanda nezve zano rekushandisa mumakore anotevera. Kubva pane ino maonero, iri kukosha iyo inofanirwa kunge iri pa radar kutora zvinzvimbo zvakajeka uye mune zvimwe zviitiko ane utsinye. Kune rimwe divi, isu hatigone kukanganwa panguva ino kuti iyi ikambani inotongwa nenzira yekushandisa, nezvose izvo zvinoratidza, kune zvese zvakanaka nezvakaipa.
Kubva pane ino maonero, hatisi kuona njodzi dzakanyanyisa kana uchizo vhura nzvimbo kubva ikozvino. Kunze kwekuchinja kwemaitiro mune indices kutenderera pasirese. Mupfungwa iyi, muvengi wayo mukuru kukoshesazve mumisika yezvemari ndeyekuti pakupedzisira pane kudonha kwakapinza mumisika yepasi rese yemasheya. Kusvika padanho rekuti ingazokanganiswa neaya mafambiro emusika wemasheya, iine kumwe kusimba kana imwe. Kunyangwe kugadzikana kwayo kwakanyanya kwakaratidzwa mumwedzi ichangopfuura, nekutenda kwegore rose kweanosvika 6%.
Kuwedzera kwenyika dzese
Chimwe chinhu chinofanirwa kukosheswa paInditex ndechekuti ndidzo dziviriro shoma mumucheka uye fashoni chikamu chakanyorwa pamusika wenyika unoenderera. MuSpain haina kana kukwikwidza uye ichi ndicho chimwe chinhu chinoshanda mukutsigira kwayo. Nekutarisa zvinangwa zvekudyara zvevadiki nepakati varimi.
Kunyangwe pane zvinopesana, haina mareferenzi kuyera maitiro echikamu muzvikamu zveSpanish. Sezvimwe nezvimwe zvikamu zvebhizinesi, senge mabhangi, makambani emagetsi, makambani ekuvaka kana makambani ekufona. Ivo vane vamiririri vazhinji vanobvumidza kusiyanisa kwakakura mukudyara chero nguva uye mamiriro. Zvisinei nekuti iyi ikambani yakawedzera nekukurumidza kwazvo munyika dzese uye yakapa kuonekera kukuru pakati pemari dzekudyara.
Kutengesa kunokura ne7%
Iyo Inditex Boka rekutengesa muhafu yekutanga ye2019 - pakati paFebruary 1 naJuly 31- yakawedzera ne7%, ichisvika mamirioni e12.820 emamiriyoni kekutanga. Pakugara kwekutsinhana mitengo, mutero wakakura ne7%. Kutengesa muzvitoro zvakafanana, zvechikamu chavo, zvakare vakachengetedza yavo yakasimba kukura mutinhimira uye yakawedzera ne5%, iine kuwedzera kwakanaka mune ese mafomati uye munzvimbo dzese dzenzvimbo, uye zvese zviri muchitoro nepamhepo.
Mupfungwa iyi, mutungamiri weInditex, Paul Island, yakaratidza "iyo kushanda kwakasimba kushanda kuti manhamba aya anoreva ”uye akasimbisa" kukosha kwe investments made, zvese zviri muchitoro uye mune logistics uye tekinoroji, zvinova zvinhu zvakakosha mukusimudzira kwe chikuva chedu chakabatanidzwa yezvitoro nepamhepo kushandiro yemutengi ”. Iine tarisiro yakanaka kwazvo yemakore anouya uye izvo zvinogona kunge zviri chinhu chekuvhiya nevashambadzi vadiki nepakati kuvandudza avo matsva ekudyara makore anotevera. Kuve iri kambani yakawedzera nekukurumidza zvakanyanya munyika dzese.