Elinye lawona macandelo asezantsi e-stock kwiiveki zamva nje kukuba, kumangalise kakhulu kubatyali mali abaninzi, i umbane namandla. Ngeenkampani ezimbini, njengakwimeko ye-Endesa kunye ne-Iberdrola, ezixhamlayo ekuhambeni kokuthenga kwiimarike zongenelelo zelizwe lethu. Nini kude kube ziintsuku ezimbalwa ezidlulileyo utyekelo lwakhe lwaluchasene ngokupheleleyo. Ngenxa yokohlwaywa kuhlahlo-lwabiwo mali olubonakalayo olunikezwe ngurhulumente waseSpain. Kodwa iingxaki zokuvunywa kwayo zinike ulindelo olutsha ukuze amaxabiso ayo ahlaziye kwiintsuku ezizayo.
Ngayiphi na imeko, izindululo zokuthenga ziyanyanzeliswa kwezi ntsuku yinxalenye enkulu yabalamli bezezimali. Ngubani ophakamise Ixabiso ekujoliswe kulo ngaphezulu kwale nto iinkampani zithengisayo ngalo mzuzu kanye. Ngaphandle kwezinye izinto eziqwalaselweyo zobuchwephesha kwaye mhlawumbi kude kube kwinqanaba lokujonga. Ukuboniswa kweziphumo zeshishini kwikota yesithathu yalo nyaka kunento yokwenza noku.
Amathemba exesha elifutshane alungile kakhulu kwaye ngaphezulu kwalawo aveliswe ngamanye amacandelo afanelekileyo kwizabelo zaseSpain. Yahluke kakhulu kwinto enokwenzeka kwixesha eliphakathi nelide eliya kuthi lixhomekeke kwezinye iimeko ezahlukeneyo ezinje ngokujonga ukungena kwezikhundla kwenye yezi nkampani zimbini zidweliswe kwisalathiso esikhethiweyo saseSpain, i Ibex 35. Ukongeza, kufanele kuthathelwe ingqalelo ukuba banokuba ngabona baxhamlayo kakhulu kwirali ekudala ilindelwe yeholide yeKrisimesi elindelwe ngabatyali mali abancinci nabaphakathi.
I-Endesa ivavanya i-euro ezingama-20
Elinye lawona matyala achaphazelekayo kule meko inyukayo kwelinye lawona macandelo afanelekileyo kwizabelo zamashishini kuzwelonke yi-Endesa. Iziphumo zayo zeshishini ziye zamothusa ngokuqinisekileyo iimarike zezemali. Ngexesha lekota ezintathu zokuqala zonyaka, ibingomnye wabaxhamli bemakethi yenkululeko kweli candelo lobuchule loqoqosho lwaseSpain. Kwaye bancedile uluhlu lwamaxabiso abo anyukile kule mihla. Ukufikelela kumanqanaba abalulekileyo njengalawo asekwe kwi I-20 euro ngesabelo ngasinye.
I-Endesa ivelise ngeli xesha lokuhlalutya a inzala emveni kotsalo I-1.193 yezigidi ze-euro, emele ukusebenza ukwanda kufutshane ne-10% malunga nexesha elifanayo lonyaka ongaphambili. Nangona amandla okuqhuba emva kwale meko ifumanekayo ekubuyiselweni komda weshishini legesi, inkampani ixele. Le nyani ibangele ukuba intshukumo yokuthenga inyanzelise kwezi ntsuku kwindlela yokuthengisa ebibonakala imiselwe kwiintsuku nje ezimbalwa ezidlulileyo. Ngokukodwa kwiinyanga zikaSeptemba kunye neentsuku zokuqala zika-Okthobha.
Ingeniso yayo ifikelela kwi-15.353 yezigidi ze-euro
Enye idatha eveza kakhulu kwiziphumo zeshishini zenkampani yombane i-Endesa kungenxa yengeniso yenkampani yamandla kwisithuba sikaJanuwari ukuya kuSeptemba. 15.353 million. Oko kukuthi, i-4% ngaphezulu kweenyanga ezilithoba zokuqala zika-2017 kwaye eqokelelwe ngabatyali mali abancinci nabaphakathi. Kwelinye icala, ayinakulityalwa ukuba kwiintsuku zokugqibela zikaDisemba iya kwabela izabelo phakathi kwabanini zabelo ngenzuzo esondele kakhulu kwi-7%. Inyaniso engakhange iqatshelwe ngabatyali mali, kokubini kuzwelonke nakwamanye amazwe.
Kwelinye icala, esinye sezizathu eziye zathandwa ziiarhente ezohlukeneyo zoqoqosho kukuba injongo yayo entsha iya kuvumela iqela ukuba lifikelele kwinjongo yenzuzo ngonyaka yonyaka ye-1.400 yezigidi zeerandi. Into ekhuthaze i ukungena kwemali entsha Kwiimarike zemali ezinokukhokelela kwizenzo zabo ukugqitha amanqanaba abalulekileyo ee-euro ezingama-20 ngesabelo ngasinye. Ayothusi into yokuba ixabiso ekujoliswe kulo elinikezelwa ngabanye babaxhasi bezemali liphakathi kwama-euro angama-20 nama-21. Izabelo ze-Endesa zisaza kuba nohambo olubalulekileyo oluya phambili.
Amanqaku avela kuJP Morgan
Ukusuka kulo broker unike umbono wakhe ku-Endesa, nangona kwakungaphambi kokuba kupapashwe iziphumo zeshishini kwikota yesithathu yonyaka. Ukuphawula kwingxelo yayo ebanzi ukuba "ukusebenza okuqinisekileyo kwezinto ezisisiseko zenkampani kwikota yesithathu kunye nokuhamba ngomsila (kwixesha elifutshane) kwikota yesine yonyaka kuxhasa umbono wethu wokuba i-Endesa izakugqitha uqikelelo lwe-Ebitda ngo-2018". Nangona kwelinye icala, ibonisa ukuba ixabiso ekujoliswe kulo okwangoku yi-20,50 euro xa kuthelekiswa ne-19,55 euro apho iseshoni ivaliwe ngoLwesithathu odlulileyo. Ngale nto yakho amandla aphezulu ingafikelela kumanqanaba ngaphezulu kwe-5%.
Ezi ziphumo zichaphazeleke ngokukodwa kwinto yokuba ngohlaziyo lwayo ISicwangciso soCwangciso, yiba kwimeko ezifanelekileyo ukuphakamisa iinjongo zakho ucinga ngokuphela konyaka oza kugqitywa. Ndinethemba eliqinisekileyo lonyaka-mali ophela ka-2018. Into enokubonakaliswa kwixabiso lezabelo zayo ngenjongo yokuphela konyaka kwaye enokusetyenziselwa ukuthatha izikhundla ukwenza ulondolozo lube nenzuzo ngonyaka kunzima kakhulu kwizabelo zamazwe. Njengakwezinye iimarike zentengiso zamanye amazwe kwaye oko kunokuba ne-epilogue enomdla kakhulu kubatyali mali abancinci nabaphakathi.
Iberdrola kwindawo encinci
Ngokwelinye icala, enye inkampani enkulu kwicandelo lombane laseSpain likwimeko efanayo neyangaphambili, kodwa ngothotho lweenkcukacha ekufuneka uziqwalasele ukuba uza kuthatha isikhundla kwiintsuku ezizayo. Ukuqala, khange ndivelise kwezi ntshukumo zibangelwa ngu-Endesa. Ayothusi into yokuba ihambile ngexabiso layo phantsi kwemida emincinci ebandakanyiweyo phakathi kwama-6 nama-6,50 euros isabelo ngasinye. Apho uzinzo lwayo lube lolunye lwezona zinto zixhaphakileyo kuqikelelo lwalo kwiimarike zemali.
Ngayiphi na imeko, iseyenye yeenkampani ezinokuphuhlisa imeko enomdla yokunyuka kwiinyanga ezizayo. Ngokujolise kwixabiso lentengiso yesitokhwe esikufutshane kakhulu nee-euro ezingama-7. Ke ngoko, isenayo uhambo oluya phezulu ukuba ayithobeli kwinkxaso ethile yexesha eliphakathi kunye nexesha elide yokubaluleka okuthile. Nangona inokuthi phakathi kokuphuhlisa ukulungiswa kokuqwalaselwa okuthile. Kwiminyaka engama-20, ixabiso lalo lisukile ngaphezulu nje kwe-2 euro ukuya kwi-6,50 euro apho ikuluhlu lwangoku. Ngamanye amagama, ukuphinda kujongwe ngaphezulu kwe-100%.
Ixabiso elizinzileyo kwimarike yemasheya
Ngayiphi na imeko, ukuba izabelo zale nkampani yombane zibonakaliswa ngento ethile, kukuba zizinzile kakhulu. Akukho kungazinzi okukhulu kumahluko phakathi kwamaxabiso abo aphezulu kunye neyona isezantsi kwiseshoni efanayo yorhwebo kwaye oku kunceda icandelo elililo labona bazali bazikhuselayo kwimarike ukuba bangene kwizikhundla zabo. Kungenxa yokuba ikwabonelela abanini zabelo kulwabiwo olunomtsalane. Kunye buyisela kulondolozo malunga neepesenti ezintlanu nangaphezulu kwamaxabiso afanelekileyo esalathiso somlinganiso wee-equity zaseSpain. Ukuba yenye yezinto ezinomdla ukuthatha isikhundla kule nkampani kule minyaka imbalwa izayo.
Kukhuseleko olujolise ngakumbi kwizikhundla ezijolise kwixesha eliphakathi nelide ngenxa yeempawu ezizodwa. Kuba ngokufutshane abafumani zibonelelo kuba kunzima kakhulu ukwenza iintshukumo zinenzuzo ngenxa yokungazinzi okungaphantsi. Ngayiphi na imeko, ayisixabiso eliqikelelweyo abanokwenziwa ngalo imisebenzi yangaphakathi okanye kwiseshoni efanayo yorhwebo. Ngale ndlela, unokuba nezabelo ze-Iberdrola ngokugqibeleleyo kwipotifoliyo yakho yotyalo-mali kuba ngekhe bakunike iintloko ezigqithileyo ukusukela ngoku.
Kwixesha eliphakamileyo
Ngayiphi na imeko, ezi ziinkampani ezimbini ezigcina imeko ecacileyo yokunyuka kwaye inokuba zizindululo zakho kunyaka olandelayo. Ngokukodwa ukuba izinto ezilindelweyo ziyafezekiswa zinokuba zizifundo ezintsonkothileyo kunentengiso yangaphambili. Ukungazinzi okukhulu kwiimarike zezemali kwaye oko kunokuchaphazela umngcipheko kwi-equity Okwamanye amazwe kukhulu kunakwamanye amaxesha.
Ngale ndlela, ezi nkampani zimbini zombane zinokukunika umnxeba othile wozinzo kwipotifoliyo yakho yotyalo-mali. Ngamathuba amakhulu okuqhubeka nokuhlaziya kwiinyanga ezizayo. Nangona olu nyuso lungekhe lwenziwe ngamandla amakhulu, njengoko kuqhelekile kwiinkampani zombane zaseSpain. Ngaphaya kokunye ukuqwalaselwa kobuchwephesha kwaye mhlawumbi nakwindawo yokujonga izinto ezisisiseko. Kwelinye icala, bahlala kwinqanaba elifanelekileyo iinyanga ezininzi. Unokuba nezabelo ze-Iberdrola ngokugqibeleleyo kwipotifoliyo yakho yotyalo mali kuba ngekhe bakunike iintloko ezigqithileyo ukusukela ngoku.