Idzi haisi nguva dzakanaka dzevateereri vezwi rekunzwa izvo zvakanyorwa pane dzeSpanish equities. Vakanyudzwa mu bearish chiteshi yehukuru hwakadzama uye izvo zvinofanirwa kuvaendesa kune kana zvakaderera nzvimbo mukoteti yemitengo yavo. Pari zvino pane makambani maviri anomiririra ino yakakosha chikamu: Mediaset uye Atresmedia. Neshanduko inoratidzika kunge inoteedzerwa kune mumwe nemumwe. Musiyano chete ndewekuti yavo yekutanga yakanyorwa mune yakasarudzika indekisi yeSpanish equities, nepo zvichipesana Atresmedia inosanganisirwa mumusika unoenderera wenyika. Asi netarisiro dzakafanana.
Muzviitiko zvese izvi, kwave nekuderera kukuru mumitengo yavo muzvikamu zvekutengesa zvenguva pfupi yapfuura. Kune rimwe divi, hatigone kukanganwa kuti akange ari maviri emasheya akanyanya kurohwa pamusika weSpain mugore rapfuura, mu2018. Chokwadi ichi chave kutungamira Mediaset Board of Directors kuti isarudze pamusangano wayo kuita yavo share buy-back chirongwa chakatumirwa kuNational Securities Market Commission (CNMV). Izvi zvinoita kuti ive yakakosha 5% bounce, kunyange kana yaibata nguva.
Asi kana ese ari maviri kukosha achizivikanwa nechimwe chinhu, imhaka yekuti yavo yehunyanzvi chimiro haikoke kuti vapinde munzvimbo dzavo, zvirinani munguva pfupi. Hazvishamisi kuti njodzi dzakanyanya kukwirira nekuti mitengo yavo inogona kuramba ichidonha. Iko iko pfupi nzvimbo kuri kumisikidzwa nekristaro yakajeka pane vatengi. Kunyangwe isu tichafanirwa kumirira makambani maviri akanyorwa kuti vagadzire pasi kubva kwavanogona kupora munzvimbo dzavo. Ichi ndicho chimwe chezvikonzero nei uchifanira kunyatsoteerera kushanduka kwayo mumazuva anotevera.
Ivo vanogovanisa zvikamu zvinopfuura gumi%
Chero zvazvingaitika, pane chinhu chinoshanda chichifarira aya maitirwo maviri emari dzeSpanish. Icho hachisi chimwe kunze kwechikamu chakakwira chavanopa kune avo vagovana navo gore rega. Hapana chakaderera pane ingangoita 11%, senge vatungamiriri mune ino kudzoka kune vanoita mari. Mari isingafungidzike kuti ugadzire rakachengetedza bhegi rekuchengetedza gore rimwe nerimwe. Hapana imwe kambani inopa mubhadharo wakafanana sezvo iyo inosvika padyo ikambani yemagetsi Endesa ine kufarira pamatanho e7%. Mukutaura, zvinoita kunge chikonzero chakanaka chekuvhura zvinzvimbo, zvese muMediaset neAresmedia.
Kusimbisa kukosha kwezvikwereti izvi, hapana zvirinani pane kuzvifananidza nemuenzaniso unoshanda. Mumwe muzvinabhizimusi uyo akaita mari inosvika zviuru gumi zveeuro mune imwe yemakambani maviri aya, anenge aunganidza purofiti inosvika mazana gumi nemazana euros gore rega rega. Mune mamwe mazwi, mukati memakore anopfuura masere chete ichave yakamisa basa. Chero chii chinoitika mumisika yemari. Chokwadi ichi, mune dzidziso, chinofanira kukurudzira vashoma uye vepakati varimi kuti vatore zvinzvimbo muMediaset neAresmedia. Asi ichokwadi kuti ichi hachisi chokwadi.
Mediaset yakabvunzwa pamusika wekutengesa
Pane kusahadzika kwakawanda kuti chikamu cheterevhizheni chinogara panguva ino chaiyo. Kunyanya, nezve iyo kushambadza mari sezvo iri iyo chete sosi yemari panguva ino. Kunze kwekumwe kufunga kwehunyanzvi uye pamwe zvakare kubva pakuona kwezvakakosha. Nekuti makwikwi kuInternet midhiya kana mamwe matekinoroji masisitimu akasimba kwazvo. Mune mamwe mazwi, mari yekushambadzira iri kugoverwa pakati pevazhinji uye vazhinji vezvenhau. Uye ichi chokwadi hachidi misika yemari.
Kune rimwe divi, kushambadza chiitiko chakabatana zvakanyanya nematanho ezvehupfumi uye mune iyi pfungwa tarisiro haina kunaka kwazvo. Iyo kuderera kwehupfumi International ichokwadi uye kudzikira kudzokororwa kunogara kuri mumishumo yakagadzirirwa nemasangano akasiyana siyana epasi rese. Izvi zvinoranga kukosheswa kweMedaset neAresmedia uye ndosaka vachiratidza mitengo isina kugadzikiswa kupfuura makore mashoma apfuura. Mupfungwa iyi, aya machengetedzo anogona kunge achigadziriswa zvakanyanya pamitengo.
Mediaset pamharadzano dzenzira
Munguva dzichangopfuura dzekutengesa zvikamu, kuchengetedzeka kwe Mediaset Spain Ivo vakatandarira kumusoro uye pasi. Kusvika pakuti hapana mubvunzo kuti vari kutsausa chikamu chakakura chevashambadzi vadiki nepakati. Panguva iyo ivo vasingazive zano rekuti vashandise mukudyara kwavo. Kunyangwe hongu, mukati meiyo isinganetsi bearish chiteshi kuburikidza iyo mutengo wanga uchifamba kubvira pakati pegore rapfuura. Iko kune nhevedzano yemakakatanwa neimwe frequency iyo inotsausa vatyairi.
Kubva pane akajairika mamiriro, iwe unayo iyo kuramba pamatanho padyo padyo ne6,5 euros mugove. Kune rimwe divi, kana zvikapfuurwa, zvinzvimbo zvaigona kuvhurwa kuti kuchengetedza kwacho kubatsire mukati menguva isina kureba zvakanyanya. Kunyangwe hazvo chokwadi chakakosha ndechekuti pane shanduko mune zvinoitika, chimwe chinhu chisati chaitika kusvika ikozvino. Kwete zvishoma. Asi zvirinani zvinofanirwa kushandira kuisa kuchengetedzeka kwekambani iyi pane radar kutanga kufamba mumisika yemari.
Atresmedia inowana mamirioni 69
Nezve imwe kambani iri muchikamu, Atresmedia, mhedzisiro yayo yebhizimusi haipe zviratidzo zvakawanda nezve zano iro vatengesi vadiki nevepakati vanofanira kutora kubva zvino zvichienda mberi. Nekuti zvirizvo, cheni yekutaurirana yawana mune yekutanga semester yegore a Ebitda ye 101,3 mamirioni euros uye iyo mambure purofiti yasvika 69,3 mamirioni emauro. Mumusika wekushambadzira unoramba uri mumutsara (+ 0,5%) nenguva imwechete ye2017, maererano nekufungidzira kwekunze, kambani yakanyorwa yakwanisa kuchengetedza mari yemari kusvika 550,6 mamirioni euros.
Kune rimwe divi, zvinofanirwa kucherechedzwa kuti Atresmedia yaitisa inoshanda kudzora kudzora manejimendi uye semhedzisiro Mari yekushandisa yakangokura chete 0,5%. Mune izvo zvinomira pachena kuti iri kudzikisira kuwanikwa kweiyo digital kushambadzira mushambadzi SmartClip. Kune rimwe divi, iyo mambure mari yebhizimusi rekuona nekuona inomira pa513,8 mamirioni euros uye inoputswa seinotevera: mamirioni 443,4 akawanikwa kubva kushambadzira kweterevhizheni. Nedatha iyi, mugove weAresmedia Televisión wemusika unomira pa41,6%. Dhata dzisina kunyanyisa kukanganisa kuenderana kwemitengo yavo mumisika yemari.
Chikamu chisina kugadzikana
Chinhu chakajairika chikamu chese chikamu, uye nekudaro kumakambani maviri aya, ndiko kusagadzikana kwavo kukuru. Iko rimwe zuva rinogona kuve nekukwira kwakanyanya uye zuva rinotevera akawanda masendi euro anogona kusiiwa munzira. Inokurudzirwa kwazvo kuita kutengeserana mabasa, kuita kuti kuchengetedza kubatsire mune pfupi pfupi nzvimbo yenguva. Iko kune vanoita mari vane hukasha ndeavo vanowanzo vhura nzvimbo munzvimbo dzakachengetedzeka idzi. Kukuvadza kwevanonyanya kuzvidzivirira avo saka voga vanotarisa pazvikwereti zvakakwirira zvakagoverwa nemazita aya akabatanidzwa mumusika weSpanish.
Kune rimwe divi, mari yemubatanidzwa yakasvika mamirioni makumi mana nemaviri euros, zvinoenderana neaya akawanikwa panguva imwe chete ya42,2. Iyo yakazara mari yekushandisa bhizinesi redhiyo mune yakaunganidzwa saJune 2017 ndeye 2018 mamirioni euros, anomiririra a margin pamutero wemari ye9,1%. Mune mamiriro ezvinhu izvo zvichave zvakakosha kuratidza kuti chii chichava shanduko yekuchengetedzeka kwayo mumisika yemari kubva panguva dzino chaidzo. Kunyangwe zvichizotamira kune imwe nhanho pane shanduko yemastock indices emusika weSpanish wemusika. Hazvishamise kuti aya marudzi emakambani ari chaizvo yakabatana nehupfumi hwekutenderera Uye neiyi pfungwa, ino haisi nguva yakanaka yekuvhura zvinzvimbo.
Cheka mune yekushambadzira mari
Nezve vateereri, ichokwadi kuti ivo vari kurasikirwa nemhepo nekuda kweiyo kuwedzera muterevhizheni zvinopihwa uye nekudaro chinhu ichi chinokanganisa kushambadzirwa kunoitwa mune idzi nzira dzekutaurirana. Icho chinopfuura chikonzero chakaringana chekuti makambani maviri aya arambe achiderera mune yakaderera nzira muzvikamu zvinotevera zvekutengesa, kupfuura izvo zvinogona kuitika nemamwe marudzi ehunyanzvi hwekufunga. Iko kune nhevedzano yemakakatanwa neimwe frequency iyo inotsausa vatyairi.
Saka ndizvo zvinhu zvinokanganisa kuumbwa kwemitengo, mune imwe pfungwa kana imwe. Parizvino, zvese zvinoita kunge zvinoratidza kuti vacharamba vachiderera, kunyangwe zvisingazivikanwe kusvika panguva ipi. Iyi ndiyo ichava imwe yekiyi yekuita chero mhando yezano nemaiyi maviri nyika equity values. Panguva ino, ivo havana kugamuchirwa kwemazano nevamiriri vemari vakasiyana. Iko kune nhevedzano yemakakatanwa neimwe frequency iyo inotsausa vatyairi.