Ukuba kukho isihloko esilahlekisa ukuzithemba phakathi kwabatyali mali, ayikho enye ngaphandle kweTelefonica. Ngenye yeenkampani kwisalathiso esikhethiweyo saseSpain nge utshintsho olukhulu lwezihloko Kuzo zonke iiseshoni zokulingana. Oku kwenza ukuba ukuthengiswa kwayo kube yenye yeefayile ze- eyona ibalulekileyo ye-Ibex 35. Into ebaluleke kakhulu ekuthandeni abagcini-mali abakhetha ukutyala imali kwimarike yemasheya kwiimarike zezabelo. Lo mahluko ukwanika uxolo lwengqondo olukhulu ekusebenzeni ngokunciphisa umngcipheko wokubanjiswa kwixabiso.
Ewe, izabelo zeTelefonica zifumana amandla amakhulu njengoko zizinto ze ingqalelo kwiimarike zezemali. Ngale ndlela, kufanele ukuba kuqatshelwe ukuba kwiintsuku zamva nje iifemu zohlalutyo ezininzi ziqaqambise amandla okuba ixabiso lisenalo elingahambi kwelona xesha lilungileyo kwimarike yemasheya. Kufuneka ikhunjulwe ukuba ngalo mzuzu ibonisa ukuhlaziywa kwe-5% ukuza kuthi ga ngoku kulo nyaka. Nangona singekhe silibale ukuba ngamanye amaxesha liwele ngaphezulu kwe-10%.
Ngayiphi na imeko, indlela esebenza ngayo iphantsi Isalathiso esiphambili sentengiso yemasheya yaseSpain. Apha ngezantsi amaxabiso afanelekileyo afana ne-Endesa, Iberdrola okanye i-BBVA. Ayothusi into yokuba indawo elungileyo yabatyali mali abancinci nabaphakathi baziva bedanile kukuvela kwezinto zomsebenzi wesizwe. Nangona kunjalo, umdla kwinxalenye yabangeneleli bezemali unokutshintsha oku kuguqukayo kwezi veki zimbalwa zizayo. Ayothusi into yokuba ukuphinda iphinde ibe nokuhlaziya kunokuba yinto enomdla kubasebenzisi abaninzi
Telefónica: thenga ingcebiso
Abarhwebi abaliqela bacebisa abathengi babo ukuba bathenge izabelo kule nkampani. Kunye amandla aphezulu ehamba phakathi kwe-20% kunye ne-30%. Omnye waba bathunywa bezezimali, njengakwimeko ethile kaGoldman Sachs, uchaze ukuba yenye yeenkampani ezilithoba zaseSpain ezinikele ekuthengeni kwaye ukhuseleko luyaqhubeka ukuba kuluhlu lweentandokazi zeCiti kwihlabathi liphela. Le ntshukumo inokukhokelela kukuhambelana okukhulu kuphuhliso lwayo kwiimarike zezemali. Ngokulayisha kongezwe kwiintsuku ezizayo.
Kwelinye icala, umqhubi waseSpain usengumbono onomdla ukuba enye yeenjongo zakho eziphambili kukukhetha icandelo leefowuni ezinamandla. Ngaphezulu kwezinye iinkampani ezikweli candelo kwinqanaba loluntu. Kungenxa yokuba phakathi kwezinye izizathu ibonisa ukulingana phakathi komngcipheko kunye nenzuzo efanelekileyo ngokufanelekileyo kwimidla yakho. Akumangalisi ukuba, behamba kwiminyaka yakutshanje phantsi kokhuseleko olukhuselekileyo oluhamba ukusuka kwi-10 euro kwisabelo ukuya kwi-15.
Inesabelo esinenzuzo kakhulu
Enye yezinto ezinomtsalane eziphambili zihlala kwi-fort isahlulo ukuba babele phakathi kwabanini zabelo. Ngesivuno esimalunga ne-6%, ngentlawulo ezimbini ngonyaka, ezenziwe ngoMeyi nangoNovemba. Apho uyakufumana khona umvuzo omalunga ne-0,40 euro ngesabelo ngasinye. Sisicwangciso esijolise ekwenziweni kwengeniso emiselweyo ngaphakathi kokwahlukileyo. Ukuze ngale ndlela, ube nengeniso emiselweyo kunye neqinisekileyo ngonyaka. Ukhetho olufumanekayo kubatyali mali abanesidima okanye iprofayili yokuzikhusela.
Ezi ntlobo zeendlela zotyalo-mali zenzelwe ixesha elide kakhulu. Ngokusisiseko kujoliswe kwixesha eliphakathi nelide. Apho kufuneka ube negalelo lezoqoqosho lingahambelani ixesha elide. Konke oku, ngaphandle kokuvela kwezabelo kwiimarike zemali. Ngenzuzo ephezulu kakhulu kuneemveliso zebhanki (iidipozithi zexesha, amanqaku ezithembiso zebhanki okanye iiakhawunti ezinengeniso ephezulu). Kuzo zonke ezi meko, ababoneleli ngaphezulu kwe-0,5% kwezona meko zintle. Yiyo loo nto ingamangalisi into yokuba uninzi lwabatyali mali lutshintsha iimodeli zokonga kwizabelo eziveliswe ziinkampani ezidwelisiweyo.
Ukubaluleka kwetyala lenkampani
Abaqhubi, kwelinye icala, bajonga ukuba imarike ayinayo inkxalabo encinci malunga namatyala enkampani. Ngale ndlela, kufuneka kukhunjulwe ukuba Ityala leqela ibiseyi-48.500 yeebhiliyoni zeerandi ekupheleni kukaJuni, nangona ukuhamba kwemali kwenkampani kuya kuqhubeka nokukhula kwikota ezayo. Ngokuchasene nefuthe lemali elinokuba nalo kwiziphumo zeshishini lakho. Njengesiphumo sokwanda kwayo ukuya kwezinye iindawo zejografi kwaye inokubonakaliswa kwayo okukhulu kwamanye amazwe aphambili kuMbindi nakuMzantsi Merika. Apho iBrazil yenye yezona zinto zivelisayo.
Ngayiphi na imeko, ayinakulityalwa ukuba intengiso isalindile kwimisebenzi eyenziwe yiTelefonica kule minyaka idlulileyo. Njengomzekelo, kunokwenzeka I-IPO yenkxaso yaseBritane. Ngale ndlela, izicwangciso zeTelefonica azikachazwa. Kwaye le yinto enokuvelisa ukungazinzi ngakumbi kumaxabiso kwaye inokuthi ikulahlekise amaxesha ngamaxesha. Ngaphezulu kwayo yonke loo nto, ngexesha lokuthenga ngokusesikweni.
Ixabiso lentengo lisondele kakhulu kwii-euro ezingama-9
Amaxabiso ezabelo zeTelefonica ngeli xesha le- 9,18 euro ngesabelo ngasinye. Ngombulelo wonyaka we-5%. Inokuchasana neeyuro ezilishumi elinye lamaqhosha okubhalisela imeko ephezulu yendlela ethile kwixesha eliphakathi nelide. Oko kunokuzisa amaxabiso kumanqanaba ee-13 okanye i-euro ezingama-14. Ngokuchasene noko, nakuphi na ukuphulwa kwenkxaso ebaluleke ngaphezu kwe-euro ezisi-XNUMX iya kuba luphawu olunamandla kakhulu lobuthathaka. Apho ubungekhe ukhethe ngaphandle kokuyeka izikhundla zomnxibelelanisi wonxibelelwano.
Ngokuchasene noko, umzuzu Ugqitha ukuxhathisa euro ezilishumi iya kuba ngomnye umqondiso, kodwa kule meko ukuqala ukuthenga kwiimarike. Nokuba sivela kwisicwangciso sobundlongondlongo ngakumbi kunesiqhelo. Kungenxa yokuba kanye ngelo xesha kuya kuba nakho ukuphinda ube nakho okunomdla kakhulu ukuze ukwazi ukwenza imali oyigcinayo izuze ngendlela efanelekileyo. Phakathi kwezinye izizathu, kuba ukuvela kwezabelo zeTelefonica kuya kuba nendlela ecacileyo eya kwiinjongo eziphezulu. Ngokucwangcisiweyo kubekwe phakathi kwe-14 ukuya kwi-15 ye-euro. Ixabiso elinomdla kakhulu lokuthengisa izikhundla ezivulekileyo kwii-equities.
Iimpawu zeli xabiso
Kwelinye icala, awufanelanga ukulibala ukuba esi sicelo semarike yemasheya singakunika uthotho lwezibonelelo kwipotfoliyo yotyalo-mali oza kuyenza ukusukela ngoku. Phakathi kwezo zivelileyo ezinye zezo siza kukuveza ngezantsi. Kukulungele ukuba uyithathele ingqalelo ukuba uneli xabiso kwiradar.
- Yiyo Ixabiso elizinzileyo oko kunokukuzisa ngakumbi kunamacala amabi. Ukongeza, inika isivuno sesahlulo esikufikelela kwinqanaba le-6%. Ngengeniso emiselweyo kunye neqinisekisiweyo inyanga nenyanga.
- Yiba kucetyiswa ngabarhwebi kwezemali. Ngokunyuka kwexabiso ekujoliswe kulo elinokukukhuthaza ukuba uthathe izikhundla ukusukela ngoku. Hayi ngelize, kuninzi onokukufumana kunokulahleka ngaphandle kokuthatha umngcipheko ogqithisileyo kwimisebenzi eyenziweyo ukusukela ngoku.
- Yindlela engeyiyo eyokuqala yokuba ubekwe kwenye ye Ixabiso elikhulu le-Ibex 35. Ngotyalomali olomeleleyo kwaye ikuvumela ukuba ungene kwaye uphume kwizikhundla zakho ngalo naliphi na ixesha nakwimeko. Ngenxa yezi mpawu, awuyi kuba nangxaki yokufumana eli xabiso kwimarike yaseSpain.
- Ewe izabelo zeTelefonica zinako ube yinxalenye yotyalo-mali oluphambili. Ngaphezulu kwezinye izindululo ezivelisa amathandabuzo ngakumbi malunga nokuvela kwayo kwiimarike ze-equity. Ukongeza, unokuyigcwalisa nezinye izigqibo ezinokuba noburharha ngakumbi ukuzama ukuphucula inzuzo yokusebenza.
- Ukuba awufuni ukubonakaliswa okugqithileyo kwixabiso, sisiphakamiso esikuvumela ukuba uthathe isikhundla ngezinye iimveliso zemali. Ixesha elifakwe kwi-stock market, iimali-mali okanye ezinye izinto ezidwelisiweyo ziya kuba zezona zifanelekileyo onokuzifumana kwiimarike zezemali.
- Olu khetho luthathelwa ingqalelo njengophakathi ngokunxulumene nokuvezwa komngcipheko. Nokuba yeyiphi indlela yokuzikhusela, okanye ukuba ndlongondlongo kakhulu. Embindini yenye yezona zinto zinomtsalane ukuba esi siphakamiso siqhelekileyo kwii-portfolio ezininzi sinokubonelela ngaso.
- Qhubeka yinto yohlalutyo kwimidiya ekhethekileyo. Ngayo unokufumana inkxaso ebalulekileyo yokucingisisa ngezigqibo zakho ukusukela ngoku. Ngale ndlela, ulwazi oza kuba nalo lubaluleke ngakumbi kunamanye amaxabiso angabalulekanga ngokubaluleka kwawo.
- Kukwalukhetho olufanelekileyo ukuba uhambise utyalomali lwakho kuyo yonke imigaqo esisigxina: imfutshane, iphakathi okanye inde. Kuba ziya kugqitywa kwisicwangciso sakho ngasinye ukusuka kumzuzu wokuqala. Nokuba yeyiphi iprofayile oyivezayo njengomtyali mali omncinci nophakathi.