I-Sniace idubula i-150%, ngabe kukhona okwenzeka ngokungafani nalutho?

Ukuphepha kukaSniace sekubuye kwafakwa ohlwini futhi ezimakethe zamasheya, kusengaphambili ukuthi kuyaqabukela kubonwe emalini yezimali yaseSpain. Amasheya ayo ahloniphe okungaphansi kuka-150%, Ukuhamba ngezinsuku ezimbalwa kusuka kuma-euro ayi-0,18 ababebhalwe kuwo ngaphambi kokumiswa kokuhweba kwabo, kuya kuma-euro angu-0,60 ezimakwe njengamanje izimakethe. Kunoma ikuphi, iNational Securities Market Commission (CNMV) ixwayisa ngobungozi obukhulu obutholwa abatshalizimali abancane nabaphakathi uma bekhetha leli nani ukuze bathathe isikhundla emakethe yamasheya.

Akufanele ukhohlwe ukuthi izenzo zeqembu lamakhemikhali lezimboni, ezikhethekile ekukhiqizeni i-cellulose namandla, bayeka ukuhweba emakethe yezimali kazwelonke ngonyaka we-2013, nanjengomphumela wezinkinga ezinkulu zezimali eziphazamise ama-akhawunti abo ebhizinisi. Umbono ngazwilinye ngaleso sikhathi ohlangothini lwabahlaziyi bezezimali ukuthi babengeke baphinde babhalwe ohlwini, futhi ngaphezu kwalokho bakhomba ekuqothukeni okungenzeka kwenkampani.

Ebhekene nalesi simo esingaphezu kokukhathazeka, abatshalizimali abebethathe izikhundla esitokweni bebengenakho okunye abangakwenza ngaphandle kokuthatha iphutha labo, futhi bazimisele ukulahlekelwa yiyo yonke iminikelo abayenzile enkampanini. Noma ukwehluleka lokho, kwabanethemba elikhulu, linda kuze kube lusuku olulodwa ukuphepha kwabo kuzophinde kuthengiswe emakethe yamasheya yaseMadrid. Yebo, lokhu okwenzekile okwenzekile emasontweni ambalwa edlule, nangenjabulo (nethemba) labaninimasheya kaSniace.

Ukuphela kokumiswa kwakho ukucaphuna

Ngoba empeleni, amasheya enkampani yamakhemikhali abuyele emakethe ngemuva kokuthi iNational Securities Market Commission igunyaze ukuphakanyiswa kokuqapha ukuhweba kwezokuphepha kwenkampani eStock Market, lapho kwaqeda ukumiswa okwaqala ngoSepthemba 9, 2013. Cishe iminyaka emithathu lapho ibingakabhaliswa khona ezimakethe zezimali, ngakho-ke, abatshalizimali abakwazanga ukwenza lutho, ngisho nokuthengisa amasheya abo ngokulahlekelwa.

Kodwa-ke, lesi sinqumo somgwamanda olawula ukutshalwa kwezimali sinikeze isexwayiso ngesimo esikhethekile lapho inkampani izithola ikuyo. Futhi ukuthi izihloko zeSniace ziphinde zabalwa ngemuva konyaka odlule washiya ukuqothuka. Futhi manje ihlela ukukhuthaza ukukhushulwa kwemali ukuze kugcinwe ukusebenza kwayo ebhizinisini, futhi ngale ndlela, ithola imali yokuthuthukisa umsebenzi wayo webhizinisi.

Phakathi kwezinto ezithinta imodeli yebhizinisi layo, ukwehluleka ukuthola izimali ezidingekayo ukuze iqembu lisebenze nokwehluleka ukwenza izivumelwano nabanye ababolekisi mayelana nokuhlelwa kabusha kwesikweletu sokuqothuka kugqamile. Kulesi simo esiyinkimbinkimbi, baningi abatshalizimali abangalingwa ukuba bathathe izikhundla esitokweni, nangaphezulu ngemuva kokukhishwa kwabo. ngokukhuphuka okungekho ngaphansi kwamadijithi amathathu.

Ingabe yisikhathi sokuthenga uSniace?

Kuyimvamisa ungathola izinkampani ezifakwe kuhlu ezibhalisa ukuvuselelwa kwe-50%, 75%, 100%, nokungaphansi kakhulu kwe-150% ngezinsuku ezimbalwa nje, njengakulesi simo. Lawa ngamacala ahlukile ngokweqiniso, angavamile ukwenzeka ezimakethe zezezimali. Futhi ukusabela kokuqala kwabatshalizimali abathengisayo ukunakekela inkampani, ngisho uyihlole njengomuntu ongaba ukhetho ukuze wakhe iphothifoliyo yakho yokutshala imali. Kepha kuyisinqumo esinobungozi kakhulu, esingathwala izingozi eziningi enhlokodolobha etshaliwe.

Ebhekene nokwanda okunjalo, ngeke kumangaze ukuthi ezingxenyeni ezilandelayo zokuhweba, intengo yezokuphepha kwabo izolungisa lokhu kuphakama ngamandla afanayo, noma okungenani ingxenye yayo. Akumangalisi ukuthi ifinyelele kwabanye amazinga weqile ngokweqile ngokweqile. Lokhu kusho ukuthi imvamisa ukunyakaza okuphansi kuzodingeka kuthuthukise ukulungisa ukunikezwa nokufunwa kwezibambiso zakho.

Kuyiqiniso ukuthi ingaqhubeka inikeze isimanga, kepha izingozi ezitholakele impela ziphakeme, futhi ngaphezu kokujwayelekile. Kusukela kulesi sigaba, akukhuthazwa ukuthatha izikhundla ngenani, ngoba ukulingana phakathi kwenzuzo nobungozi akuyona inzuzo enkulu kakhulu kuzintshisekelo zabasindisi. Akumangalisi ukuthi kunokunye okuningi okuzolahleka kunokuzuza, yize ukukhuphuka okunamandla kwamanani.

Izexwayiso ezivela ku-CNMV

INational Securities Market Commission ayikaze ihlale ingenandaba nalesi simo senkampani yaseCantabrian. Yebo akunjalo, futhi ngalokhu akazange anqikaze qalisa isitatimende sabatshalizimali, lapho aqokomisa khona ubungozi bokusebenza, kanye nesimo sebhizinisi esibucayi. Futhi lokho kuphakamisa amaphuzu amahlanu okufanele abatshalizimali bawazi.

Ifingqa zonke izithunzi ezingathinta inkampani, ukuze abathengisi bakucabangele lapho benza umbono wokuthi kufanele bathuthukise isu lokusebenzisa kuleli nani lemakethe. Ikhomba izingozi eziningi umphakathi obhekene nazo, futhi lokho kufanele kubaluleke ngabatshalizimali abancane kusuka manje.

1. Ithuba langempela lokuqedwa, nokuthi lokho kungasho ukuthi iziqu zabo zazingabhalisiwe ohlwini lwezimakethe zezezimali, futhi ngaphandle kokukwazi ukuphinda baqale amanani abo. Futhi ngenxa yalokho, ulahlekelwe yiyo yonke imali enqwabelene kutshalo-mali. Ngaphandle kwanoma yiliphi ithuba lokuyibuyisa.
2. La ukwehluleka ukuthola izimali ezidingekayo ukuze iqembu lisebenze. Imiphumela yayo kuma-savers izofana naleyo eyedlule. Futhi ezimweni ezinhle kakhulu, intengo ibizothatha lesi simo esisha, ngokwehla okujulile kwamanani abo. Mhlawumbe emazingeni lapho ayeka khona ukuhweba ngo-2013.
3. Ukungenziwa kwezinto kwe- izivumelwano nababolekisi abathile zokuhlelwa kabusha kwesikweletu sokuqothuka. Ngokuthintekayo kufana kakhulu nezexwayiso zangaphambilini ezenziwe ngumzimba olawula utshalomali.
4. Ukungahambisani nohlelo lokusebenza. Kuyisici lapho abahlaziyi bezezimali bebenomthelela kulezi zinsuku, futhi lokho kungasho izinsongo ezinkulu ezimpahleni ezitshaliwe kule nkampani.
5. Ekugcineni, i-CNMV ibeka njengento eyingozi enkulu ukuthenga amasheya, i- Isimo sezimali senkampani yamakhemikhali, nokuthi kufanele kube yindawo yokubhekisisa ukuhlaziywa okuningiliziwe kwempilo yezimali kaSniace.

Ukwanda kwemali elandelayo

Esinye isici engizosazisa, futhi esingasebenzi kangako, ukuthi ezinyangeni ezizayo kuzoba ne- ukwanda kwemali eSniace, ukuze ihlinzeke ngezinsizakusebenza ezanele zemali ukukhuthaza umugqa webhizinisi ngeziqinisekiso ezinkulu. Ngokunjalo, maqondana nalokhu, iNational Securities Market Commission igcizelela ubungozi bokungena enkampanini, iqinisekisa ukuthi yenza lokhu kunwetshwa "ngokusebenza kwenkampani."

Futhi, ukwanda kwemali kunomphumela wokuxubeka kumanani. Njengoba kunezihloko eziningi emakethe, inani lazo lehla kuze kube yilapho livumelaniswa nokunikezwa kwamanje. Ngakolunye uhlangothi, le nhlangano cishe ayisoze yathandwa ngabatshalizimali abancane nabaphakathi, abasebenzisa lesi simo ukulungisa izikhundla. Kwesinye isikhathi ngendlela eshaqisayo, futhi lokho kubangela ukuthi amanani acindezelwe phansi.

Ngaphezu kwalokho, ukumenyezelwa kokukhuliswa kuyabingelelwa ezimweni eziningi ngokulungiswa okujule kakhulu, okuthi noma kunjalo yeqa amazinga we-5%, njengoba kubonwe emakethe yezimali eminyakeni yamuva. Izibonelo azintuli ukubonisa lesi simo: I-FCC, Telefónica, Banco Santander, Sacyr, njll. Futhi-ke, akusona isisusa esihle sokuthatha izikhundla kuleli nani phakathi nezikhathi zokuhweba ezilandelayo.

Kepha lesi akusona ukuphela kwesixwayiso esikhishwe yi-CNMV esitatimendeni sayo kubatshalizimali. Izeluleko zokuhlaziya uhlelo lokukhokha lweSniace olufakiwe esiphakamisweni sesivumelwano. Futhi ayisinaki isimo sayo sezimali esibucayi kanye nezinsongo ezinkulu ekusebenzeni kwayo. Vele, lawa macebiso azosiza, ukuze okungenani ucabange ngawo kancane ngaphambi kokukhetha lesi siphakamiso esiyinkimbinkimbi kumasheya aseSpain.

Izeluleko ezi-5 zabatshalizimali

Kuyiqiniso ukuthi ukuqala kwayo okusha emakethe yamasheya kushaqeka kakhulu, kepha akufanele wenze iphutha lokuthatha izikhundla ngoba ikhuphuke cishe ngo-150%. Mhlawumbe isikhathi sokuthenga amasheya kaSniace sesidlulile, futhi ngeke ube nokunye ongakwenza ngaphandle kokulinda imicimbi ezokwakha intengo yayo. Futhi ngalokhu, ungangenisa noma iziphi izincomo ezilandelayo ezizosiza kakhulu isu lakho lokutshala imali.

• Njengoba nje izihloko zabo zikhuphuke zibheke phezulu, bangakwenza ngakolunye uhlangothi, ngalokho uzolahlekelwa yimali eningi ekusebenzeni. Awukwazi ukuziveza kulezi zingozi ezifihliwe, ikakhulukazi lapho ukunikezwa kwamasheya aseSpain kubanzi.
• Yize ingaqhubeka nokukhuphuka ezinsukwini ezizayo, awukwazi ukuqondiswa yinoma yikuphi ukushisa kumanani, futhi kuncane kwesinye salezi zici, futhi lokho sekungekho ohlwini isikhathi eside.
• Ubhekene ne- inkampani encane cap, ehweba ngezihloko ezimbalwa kakhulu emakethe. Kungadala inkinga enkulu kuwe ukuthi uthengise amasheya akho, noma okungenani, ukuwenza abe semthethweni ngentengo oyifunayo.
• Noma iziphi izindaba ezingezinhle zinganciphisa intengo yesitoko sakho, kuze kube yilapho ubayisa emazingeni angenakufinyeleleka ngezintshisekelo zakho njengomtshali-zimali omncane.
• Ukuntengantenga yisona sici esivamile sentengo yaso, futhi ngabatshalizimali abanolwazi oluningi kuphela abangasebenza ngeziqinisekiso ezinkulu kuleli klasi lezinkampani ezikhetheke kakhulu. Banikela ngamanani aphezulu kakhulu futhi aphansi kakhulu kuseshini ngayinye, ngamaphesenti adlula ngisho ne-10%.