Namhlanje kunolwazi oluninzi esixhomekeke kulo kangangokuba kunzima kuthi ukufumana ukuba zeziphi iinkampani okanye amacandelo anokulungela ukutyala imali kuwo. Amaxesha amaninzi umbono uyayeka ukuba ngumbono xa sisiva kuba imali sele ifikile. Ke ngoko, siza kubona ukhetho oluthile izimvo zenkampani ezijongelwe phantsi ezinokubakho yintoni ekhoyo le mihla.
Kwimeko apho ungazi, zikhona nazo share abafuna esivumela ukuba siyifumane ukhetho oluhlangabezana neemfuno zethu. Ngayo, sinokuthi sigxile kwiikhrayitheriya esizifunayo. Kwangelo xesha, kufuneka silumke, kuba iinkampani ezininzi zinokungaxatyiswa ngenxa yezizathu esingazaziyo. Umzekelo, amathemba oqoqosho abi, ingxaki, mhlawumbi ityala elikhulu, okanye ukukhula kancinci okanye ukungabikho konke okubenza babe nomtsalane. Ke, sithathela ingqalelo ezinye izikali ezinje ngeNet Equity ngokwenkunzi yayo, i-PER, okanye enokuba inomdla kwezi meko zokunyuka kwamaxabiso, masibone ukhetho lweenkampani ezingabalulekanga.
IKaisa Prosperity Holdings Ltd (2168)
Ukuchuma kukaKaisa kufumene ukuthandwa kakhulu kwezinye iinethiwekhi zentlalo ngenxa yengxelo yomphathi u-Alejandro Estebaranz kwingxelo yokuba utyale imali kuyo. Khange ndiphinde ndivumelane naye, kwaye ndiyatsho ukuba yenye yeenkampani endithe ndatyala kuzo imali.
I-Kaisa ine-capitalisation yentengiso ye-HK $ 2.860 yezigidigidi. Ixabiso layo liye lehla ukusukela ngoJuni walo nyaka apho lafika khona kwi-34'00 HKD. Ngoku ithengisa nge-18'50 HKD. Ixabiso layo lisondele kwizigidi ezili-1.400, kwaye kuthengiswa ngalo i-PER isondele kwi-8. Oku kunokuba kungenxa yokuba yinkampani ene-exposure enkulu kwicandelo le-real estate, kodwa hayi njengenkampani yokwakha. Inikezelwe kugcino lwezakhiwo, izisombululo ezikrelekrele, ineenkonzo zonxibelelwano, kwaye ichukumisa iindawo ezahlukeneyo ezijolise kwiipropathi.
Ityala lakho liphantsi kakhulu, singathi akukho. Ukongeza, ingeniso yayo ibikhula kule minyaka idlulileyo kwizinga elibonakalayo, elibonisa ukuba lilawulwa kakuhle. Ngenxa yoko, uKaisa uhlala kwindawo yokuqala yolu luhlu.
Unxibelelwano lweBIC (BICP)
Xa sithetha nge-BIC, iipeni zayo ngokuqinisekileyo ziza engqondweni. Luphawu olunembali ende kunye nemarike esekwe kakuhle. Ngaphandle kweepeni, uzinikele kwiimveliso ezininzi, zonke azithengisa ngexabiso eliphantsi. Ngelixa kuyinyani ukuba izinto zokubhala zithatha iipesenti ezingama-50 kwintengiso yazo, ezingama-25% zihlala kwizikhanyisi, i-19% ngezisuli, iipesenti ezi-5 ngolonwabo lwasolwandle kunye ne-1% ngezinto ezahlukeneyo.
Izabelo ze-BIC ziqokelela ukwehla okungaphezulu kwama-65%. Izabelo zalo zazithengisa kwiminyaka emi-6 eyadlulayo ngaphezulu kwe-150 ye-euro, kwaye ngoku zikwi-50 euro. Ikwayinkampani engenamatyala, kwaye imali yayo yentengiso okwangoku iyi-2.190 yezigidi zeerandi. Ixabiso lakhe lilonke lenyuke kancinci kulo nyaka, lafikelela kwi- $ 1.640 yezigidigidi. Ukwehla kwezabelo zayo kunokwenzeka ukuba kubangelwe kukuhla kwengeniso yayo kunakwintsebenzo yayo. Ngesahlulo se-1 ye-euro kulo nyaka, esenza ukuba ijikeleze i-80% kunye nokuma okuqinileyo, yenye yeenkampani ezingabalulekanga ezinokunika iziphumo ezilungileyo. Ngesi sizathu, kufanele ukuba kuqatshelwe ukuba ngenxa yentengiso esele ikhulile, ayinathemba lokukhula.
Icuba laseBritane laseMelika (iBATS)
Amalulwane yenye yeenkampani ezinkulu zecuba ehlabathini. Ukusukela ukuphakama kwayo kwe-2017, isitokhwe siwile ngaphezulu kwe-50%. Ngoku ujikeleza malunga neepawundi ezingama-26. Izizathu zokuncipha kwayo zinxulumene kakhulu nethemba elibi lekamva lecandelo kunokwenziwa kwenkampani.
Kwicandelo layo, yenye yezona nkampani zixabisekileyo. Umyinge wamatyala, kunye neenzuzo zayo kunye ne-PER apho kuthengiswa khona, yishiye i-30% ngexabiso eliphantsi xa kuthelekiswa noontanga bayo. Izabelo zayo ezingama-8'30% zinomtsalane kakhulu, kwaye bebekonyusa iminyaka emininzi. Amagqabantshintshi endinokuthi ndongeze kukuba kuya kufuneka ukubona ulwamkelo ukuba icandelo le-vaping kunye neemveliso ezivela kulo zinazo. Kananjalo ukuba isahlulo siyaqhubeka ukwanda, kukho indawo apho singazinzanga ngendlela esempilweni, njengoko sele ifuna kakhulu.
IGazprom (iGAZP)
Eyona nkampani inkulu eRashiya kunye nenkampani enkulu yegesi ehlabathini, kunye Enye yeenkampani ezijongelwa phantsi, IGazprom. Ngokuqinisekileyo lutyalo-mali lwam lwenkwenkwezi kulo nyaka, kwaye ngaphandle kokunyuka okunamandla kwizabelo zalo, ndisacinga ukuba ingaphantsi kwenqanaba ebekufanele ukuba likulo. Izizathu?
Kwindawo yokuqala, ilawula i-15% yoovimba begesi kwihlabathi liphela, kwaye namhlanje yenye yezona zinto zifunwayo ekrwada ezixabiseke kakhulu. Ayisiyigesi kuphela, ikwanendawo yokugcina ioyile ebonakalayo. Yinkampani ethumela ngaphandle igesi eninzi eYurophu. I-Austria ifumana iipesenti ezingama-60 zerhasi kwiGazprom, eJamani ngama-35% (ekwanayo ne-6% yenkampani), 20% eFrance, nakwamanye amazwe anjenge-Estonia okanye iFinland ngokupheleleyo.
IGazprom ngoku ithengisa nge-367 Russian ruble, e i-PER ye-5, isahlulo esiphakamileyo ngoku kunye nexabiso lakho lilonke lingaphantsi kwenkunzi yakho. Ingeniso yayo kulindeleke ukuba iqhubeke nokukhula kulo nyaka uzayo, kwaye njengenkampani engabalulekanga kakhulu ukubanakho ukunyuswa kuyabonakala. Phakathi kwemingcipheko yayo kukunyibilikiswa komkhenkce onganyibilikiyo onokonakalisa isiseko sakho kwaye sele iyinto eyenzekayo. Kwangokunjalo, kufanele ukuba kuthiwe yinkampani enezinto ezininzi ezikhutshwayo ze-CO2, ezingazukuphinda zilandelwe kwixesha elizayo.
I-Tencent Holdings Ltd (0700)
Ukuzibeka, iTencent yinkampani enokuthelekiswa neGoogle. Izabelo zabo zilahlekile phantse iipesenti ezingama-50 ukusuka ekuphakameni kwabo, ebikulo nyaka, nangona ebuyile kwakhona emhlabeni. Inqaku kukuba uloyiko luye lwabamba abatyali mali emva kwemigaqo yaseTshayina kwicandelo lobuchwepheshe. Iindaba nganye ezimalunga nezithintelo athe wabhengezwa nguRhulumente wase China, ixabiso lazo lehlisiwe. Nangona kunjalo, oku akuthethi ukuba inkampani ibonisa iimpawu zobuthathaka kwaye ithi iyakwazi ukuqhubeka nendlela yayo yokukhula.
Okwangoku ithengisa nge-PER engama-20. Akufuneki kakhulu ukusukela oko ukukhula kwayo okuphakathi yenye yezona ziphezulu kwaye ikwazinziswa ngokuhamba kwexesha. Ngenye yeenkampani ezinkulu zomdlalo wevidiyo emhlabeni, apho ikwanemigca yeshishini kwi-E-Commerce, umyalezo okhawulezileyo, iinkonzo ezongezwe ngexabiso kwimfonomfono yeselfowuni nakunxibelelwano ngomnxeba. Kwi-2019 ukubanjwa kubhengezwe ukuba kuneenkampani ezingaphezu kwama-600. Ukuba iyaqhubeka nokubonisa iimpawu zokukhula kunye namathandabuzo awela kuyo ayacocwa, amandla okubamba ngaphakathi nawo ayenza umdla.