Ngawaphi amaxabiso eziitshiphusi eziluhlaza kwimarike yaseSpain?

Rhoqo uyakufumana ulwazi olukhankanya iitshipsi zeblue kwii-equity zaseSpain. Kodwa awunakukwazi ukuba ngoobani amalungu ayo, okanye ubuncinci uyabuthandabuza ubunini bamanye awo. Kuya kufuneka uyazi ukuba zithini ezi xabiso ukuba ufuna ukuba nembono ecace ngakumbi kwimarike yemasheya yokuphuhlisa utyalo-mali lwakho kwimarike yemasheya ngempumelelo enkulu. Ukuqalisa, Awona maxabiso amelwe kwisalathiso sayo esiphambili, i-Ibex-35, kwaye kuthathwa ukudibanisa iiphothifoliyo zabaphathi abaziintloko be fund.

Xa kubhekiswa kweli gama, iinkampani eziphambili kuqoqosho lwaseSpain zithiywa. Oko kukuthi, uku IBanco Santander, iBBVA, iIberdrola, iTelefonica kunye neRepsol. Phakathi kwazo zonke, zihambisa uninzi lokhuselo kuzo zonke iiseshoni zokurhweba, zisebenza zodwa kutyalo-mali, kungekuphela kubatyali mali abakhulu, kodwa nakwabasongi abancinci nabaphakathi. Ukuvela kwayo kuyichaphazela ngokuthe ngqo i-Ibex-35, kwaye zombini ukuhlaziywa kunye nokuhla kwexabiso kuxhomekeke kwindaleko yala maxabiso. Yinto elula leyo, ukuba ufuna ukusondela kwinyani yale marike yezemali.

Ngokuqinisekileyo ayinakwenzeka into yokuba isalathiso sikazwelonke sinyuke ngaphandle kwegalelo lezi nkampani, kwaye ngenxa yesizathu esifanayo, ukuzithoba. Iziganeko zabo ziphezulu, kwaye ngaphandle kwamathandabuzo, zizinto eziya kuthi zimisele ukuvela kwemarike yaseSpain minyaka le. Kude kube xa zizonke, zimele ngaphezulu kwe-80% yotshintshiselwano lokhuseleko kwiimarike zezemali zikazwelonke. Njengoko kunokubonwa nakweyiphi na iseshoni yorhwebo, kokubini kwi-bullish, kwi-bearish okanye kwimijikelezo esecaleni. Ukongeza, isebenza njengendawo ekubhekiswa kuyo kwezinye iimarike zamanye amazwe, ngakumbi ezaseYurophu.

Ukuza kuthi ga kwinqanaba lokuba bakuphembelele ukuba ubhenele kwezi nkampani ngalo lonke ixesha ufuna ukuzibeka kwiimarike ze-equity. Banikezela ngokuzithemba ngakumbi, kuyinyani, kwaye oko kuguqulela ekubeni lelinye lawona maxabiso anikezelweyo ngabasindisi baseSpain. Kuzo zonke iiprofayili, ukusuka kwabo banqwenela ukugcina imali abayigcinileyo, ngaphandle komngcipheko ogqithisileyo, kwabanye abanenjongo eyodwa kukufumana eyona nzuzo iphambili inokubakho.

Banqabile ukukunika iimeko zokungazinzi okukhuluNgaphandle kokuba amacandelo abo eneengxaki zexesha elifutshane (njengoko kusenzeka kutshanje kwinkampani yeoyile iRepsol). Kodwa ke, akukho nto iqhelekileyo ukuba umthambo omnye ezibandakanya ilahleko enkulu. Ayothusi into yokuba amaqela otyalo-mali amaziko athambekele ekuzibekeni ngokwabo rhoqo kweli qela leenkampani ezikhetha ngakumbi.

Ukuqinisekisa ngokuqinisekileyo lo mkhwa, Kuya kufuneka ujonge ukuba zingaphi izihlobo zakho kunye nosapho olunamaxabiso abo kwiipotifoliyo zabo zotyalo-mali. Nokuba yeyiphi na iprofayile eyivelisayo, kwanamagalelo enziwe kwimisebenzi nganye. Iziganeko zayo phakathi kwabasindisi ziphezulu, kwaye nangayiphi na imeko, ngaphezulu kwamanye amaxabiso.

Bajonga ukuvela kwe-Ibex-35

Ngoku lixesha lokuchonga amalungu ale klabhu ikhethiweyo encinci yezabelo zamazwe. Cwaka, kuba azikho ninzi kwaye zincitshisiwe ziye kumacandelo athile, anesisindo esithile kwindaleko yeemarike zezemali zikazwelonke. Ziinkampani ezikumgangatho ophezulu ezihambisa izigidi ze-euro kwimisebenzi yazo yemihla ngemihla. Kwaye kwabo baxhomekeke, kwinqanaba eliphezulu kakhulu, uqoqosho lwaseSpain.

Uvile ngokuqinisekileyo ezinye zeenkampani, njengoko zikho kuwo onke amajelo eendaba. Kodwa, kwelinye icala, awunokwazi ukuba ngoobani amalungu eklabhu ekhethiweyo yoqoqosho lwaseSpain. Ngokuqinisekileyo utyale imali oyigcinileyo, ngaphezu kwakanye, kweli qela leenkampani ezidwelisiweyo, ukuba uyazi ukuba ziichips eziluhlaza. Ewe ngamanye amaxesha unethamsanqa elingcono, kwaye ngamanye amaxesha alikho kangako.

Ukusukela ngoku awusayi kuphinda ubenazo izizathu zokufumanisa ezi nkampani, nokuba ungazi kancinane ukuba ziyintoni kwaye ungazenza njani ukuba zibenenzuzo. Ngothotho lweempawu eziqhelekileyo kubo bonke. Y isuswe ngokupheleleyo kwezinye iimodeli zeshishini ezidweliswe kwiimarike eziphambili ze-equity.

Ngoobani amalungu ayo?

Iya kuba lixesha lokwazi amagama, kwaye kutheni kungenjalo, iziqinisekiso zala maxabiso, ukuba ufuna ukuzibeka kuwo. Ayizukufuna ixesha elininzi kwicala lakho, kuba liqela elincinci leenkampani, kodwa ngempembelelo enkulu phakathi kwabatyali mali kwihlabathi liphela. Ukuguqula ipotifoliyo yotyalomali kubaphathi bezemali abakhulu.

• Telefónica: lixabiso le-hegemonic yoqhakamshelwano eSpain, kungabikho namnye umntu okhuphisana naye obuza ubunkokheli babo kwicandelo. Ikwanayo ngesinye sezibonelelo ezinomtsalane kunikezelo lwesitokhwe sikazwelonke, ngeentlawulo ezimbini zonyaka ezijolise kwisivuno salo kufutshane ne-7%. Kwaye kunye niche ezinzileyo yeshishini eyenza indawo elungileyo yabatyali mali bajonge izihloko zabo ukwenza ukuba imisebenzi yabo ibe yinzuzo. Ngapha koko, yenye yezona nkampani zicetyiswayo ngabalamli bezezimali kule minyaka idlulileyo.
• Banco Santander: I-classic kwicandelo lezemali iminyaka emininzi ngoku, kwaye uninzi lwabatyali mali abancinci abanjengawe beza kukonga imali yabo. Nangona kunjalo, isikhundla saso sithintelwe ngokusika isahlulo kwinyanga ezidlulileyo, kwaye bekunjalo Yehliswa ngenxa yokuvezwa kwayo ngqo ziimarike ezisakhulayo, ngakumbi iBrazil. Kwaye oko kukhokelele kwixabiso lezabelo zalo elingagqithi kumqobo we-5 euro ngo-2015.
• BBVA: elinye iqumrhu lemali elidityanisiweyo kweli qela lokhuseleko. Nangona kule meko, ngokuvezwa okuphantsi kwindawo yangaphambili. Ngaphandle kwayo yonke into eyiyo elinye lamaxabiso amiselweyo nakweyiphi na ipotifoliyo yotyalo-mali exabisa ityuwa yayo. Ngelinye lamaqela asebhankini elinobunzima obukhulu kwilizwe lethu, ekwabela izabelo minyaka le kubanini zabelo.
• Repsol: Omnye kuphela nkampani enxulumene neoyile edweliswe kukhetho lukazwelonke, kwaye ngo-2015 yayinendawo yayo ethile annus horribilis, ngokuhla kwexabiso layo elingaphezulu kwama-30%, ngenxa yokuhla ngamandla kwe-oyile ekrwada kwiimarike zamanye amazwe. Ngaphandle kwayo yonke into, iyaqhubeka nokubonelela abatyali mali bayo yenye yezona zabelo ziphezulu kwimarike yemasheya, isondela kumyinge we-8%, yahlulwe yabiwe kabini ngonyaka.
• Iberdrola: Kwaye ekugqibeleni enye yeenkampani zombane ezidweliswe kwingeniso eguqukayo, egcina uzinzo olukhulu kwisalathiso esikhethiweyo. Ukusasaza intlawulo ekwahlulahlula ngokulinganayo, eyenza ukuba ibe yenye yexabiso elibalulekileyo ukwenza iphothifoliyo yotyalo-mali nangaliphi na ixesha, Zombini kubatyali mali abazikhuselayo kunye nokusika okukhohlakeleyo. Ukunika ukhuseleko ngakumbi kutyalo-mali lwakho.

Usebenza njani ngala maxabiso?

Iitshipsi eziluhlaza zibonelela ngothotho lweempawu ezenza ukuba zingathandabuzeki kwinxalenye enkulu yabamkeli ukwenza imisebenzi yabo kwiimarike zesitokhwe. Kwaye ziqhelekile kubo bonke, ngaphandle kokukhetha, nangona ivela kumacandelo ahluke ngokupheleleyo. Ayilolize, inokuba yinto oyithengileyo ukusukela ngoku, nangona kuya kufuneka uthathele ingqalelo amagalelo abo ukuvavanya imisebenzi onokuyenza kwiimarike.

1. Ziinkampani ezinkulu, ezinemali ezinkulu, ezihambisa izihloko ezininzi kuzo zonke iiseshoni, kwaye apho ukuthengwa kunye neentengiso zihlala zintle, zombini ngabatyali mali beziko, kunye nabatyali mali abancinci nabaphakathi.
2. Zonke ezi nkampani zihlala zikhona esona sisa xa kufikwa kumba wokwaba izabelo phakathi kwabanini zabelo, ngesivuno esivela kwiipesenti ezi-4, sizisasaza amatyeli aliqela ngonyaka.
3. Ayingawo amathuba amahle okuba ngoosozigidi ngobusuku nje obunye, ewe. Kodwa endaweni yoko Uya kuba nokuqiniseka okupheleleyo ukuba ilahleko yabo ayizukumosha, kwaye abayi kuba baninzi kakhulu.
4. Kunjalo Ayizokhuseleko lokuqikelela kwintengiso yesitokhwe, kodwa ngokuchaseneyo, bacetyiswa kakhulu ukuba bazigcine kwixesha eliphakathi nelide. Ngokuchanekileyo iimeko apho zihamba ngcono kwindaleko yazo.
5. Abahlali benengxaki yokuguquguquka okugqithileyo kumaxabiso abo, Ukugcina uzinzo kumaxabiso, ngaphandle kokuba kuphuhliswa kwiimeko ezithile, kwaye akuqhelekanga rhoqo.
6. Ziyabonakaliswa ngokukodwa ukwenza ibhegi yokonga ixesha elincinci, kwaye yancedwa zizabelo ezabiwa minyaka le, eziprinta ukuhlawulwa kwemali eninzi kwiakhawunti yangoku yabasekeli.
7. Bamele esona salathiso sikufutshane kunye nesona siqinisekileyo kwindalo yokulingana kwamazweNgendlela yokuba ukuba iyaphakama, ayinakukwenza oko ngaphandle kwenkxaso yala maxabiso, kwaye kungenjalo. Ukuxhomekeka kwabo kuphezulu.
8. Ziyeyona nto iphicothwayo ngabameli abaphambili bezemali, ezihlala zibonakalisa ukuvela kwazo kwiimarike zezemali, zide zihlaziye ulwazi lwazo ngamaxabiso awanikezelweyo.
9. Liqela elincinci kakhulu leenkampani ezinokhuphiswano oluphezulu, zona khuthaza iimodeli ezizinzileyo zeshishini, ngobukho obunqabileyo kuqoqosho lwaseSpain, kwaye kwezinye iimeko nakwilizwekazi elinye.
10. Imigaqo-nkqubo yabo ebanzi kwiimodeli zabo zeshishini yenye yezona zinto zixhaphakileyo ziboniswa zezi nkampani zikhokelayo kuqoqosho lwaseSpain, zisenza iintshukumo zenkampani rhoqo. Ukubanceda, okanye ukubenzakalisa kwikoteyishini yamaxabiso abo.
11. Kwaye okokugqibela, ukuba into oyifunayo ekupheleni kwenkqubo kukwenza imali ngokukhawulezaNgokuqinisekileyo ayisiyiyo eyona ndlela unokukhetha kuyo okwangoku kunikezelo lwee-equities zaseSpain. Kwaye kuya kuba kuhle ukuba ukhethe amanye amaxabiso anokuchaphazeleka ngakumbi kwezi modeli zotyalo mali.