I-Endesa ingesinye sezibambiso ezisebenza kakhulu ezimakethe zezimali zaseSpain, futhi kuze kufike ezingeni lokuthi kunezinkulungwane nezinkulungwane zamasheya ezishintsha izandla kuzo zonke izikhathi zokuhweba. Akumangalisi ukuthi enye yezimpawu zayo ezifanele ukwedlula imali enikezwa abatshalizimali. Ngalo mqondo, kufanele kukhunjulwe ukuthi kungenye yezindinganiso lezo akha okuthiwa ama-chips aluhlaza okwesibhakabhaka kanye no-Iberdrola, i-BBVA, iBanco Santander neRepsol. Lokho kusho ukuthi, amanani ayisihlanu abaluleke kakhulu enkomba ekhethiwe yemakethe yamasheya aseSpain, i-Ibex 35.
Njengoba wonke umuntu azi, i-Endesa ingenye yezinkampani zikagesi ezifanele kakhulu emkhakheni wezwe futhi lokho kuhlangene nayo Iberdrola isabalalisa ingxenye enkulu yezinsizakalo zezamandla ezweni . Ukunikeza ugesi, igesi kanye nezinye izinsiza zamandla engxenyeni enkulu yabasebenzisi baseSpain. Konke lokhu yize bebesezandleni zenkampani yamandla ase-Italy i-Enel iminyaka eminingana. Yize kusengenye yezimpawu emakethe kazwelonke.
Kepha uma okuthile kuchaza ukusebenza kuka-Endesa ezimakethe zezimali, kungenxa yokuthi kubhejwa emakethe yamasheya okunikeza ukuphepha okukhulu okwamanje kubatshalizimali abancane naphakathi. Ikakhulukazi ngoba akulona inani elithambekele kakhulu ekukhiqizeni ukuguquguquka udlame ngokweqile ezimakethe zezimali. Uma kungenjalo, ngokuphambene nalokho, amasheya ayo ahweba ngokuzinza okuthile futhi anomehluko onamandla kakhulu phakathi kwamanani abo aphezulu nalawo aphansi. Njengoba kunjalo ngamanye amanani anolaka kakhulu wezimali zaseSpain.
I-Endesa: inzuzo ka-7%
Kepha uma i-Endesa yaziwa ngokuthile phakathi kwabatshalizimali, kungenxa yenzuzo ephezulu ayinikeza abaninimasheya bayo. Kulo nyaka, umholo ongaguquki ungu-7,30% futhi kwenzeka ukuthi ibe ephezulu kunayo yonke emakethe yamasheya kazwelonke. Ngisho nobubanzi bokuhwebelana kwamasheya ezwekazini elidala. Kusemqoka kakhulu ekusatshalalisweni kwesahlukaniso kangangokuba abatshalizimali abaningi bakhetha leli nani kuphela ngenxa yomholo olinikezayo ngalo mqondo. Akumangalisi ukuthi abanye abahlaziyi bezezimali bafanisa izenzo zabo nalokho okuyisibopho ngempela.
Akumangalisi ukuthi isivuno sakho sesabelo sakho asitholakali kweminye imikhiqizo yezezimali. Kancane kakhulu emabhange anganiki kangako i-1% okwamanje futhi njengomphumela we ukushibilika kwentengo yemali ngemizimba yomphakathi yemali. Futhi lokho kuholele enanini laso lokuthi kube yi-zero okwamanje, libe ku-0%. Kuyisikhuthazo esengeziwe sokubhalisela amasheya ale nkampani kagesi ngoba ikhiqiza imbuyiselo engaguquguquki futhi eqinisekisiwe minyaka yonke. Ngezinkokhelo ezimbili ezenziwa ezinyangeni zikaJanuwari noJulayi.
Ngomugqa ophephile webhizinisi
Kunento eyodwa eqinisekile ku-Endesa futhi efakwe engxenyeni yebhizinisi ethembeke kakhulu efana ugesi. Kude nemiphumela yenkinga yezomnotho ngoba inikeza insizakalo abasebenzisi abayidingayo njalo, ngaphandle kwesimo sabo sezomnotho. Futhi, awukwazi ukukhohlwa ukuthi amazinga kagesi aphakathi kwamanani aphezulu ezwenikazi lonke EYurophu. Ngomkhakha ohlale uvulekile eSpain nangaphezulu kokufanele kakhulu njengokubhanga. Lokhu kukhuthaza ukuthuthukiswa okuhle kwamasheya ayo ezimakethe zezimali. Ngaphandle kokunye ukucatshangelwa kwezobuchwepheshe ngisho nasendaweni yokubuka eyisisekelo.
Kunoma ikuphi, uma i-Endesa ibonakala ngento eyodwa, kungenxa yokuthi iyinani lokusika lokuvikela. Ukufika lapho i- Ukuziphatha kwezenzo zakho kungcono kakhulu ezimweni ezeqile ezimakethe zamasheya. Noma ngesizathu esifanayo, amasheya abo awakhuphuki kakhulu lapho ukuthambekela kwama-stock indices kucacile ukuthi kunamandla. Lokhu kusobala ukuthi kungani kungeyona inkampani ukukhiqiza inzuzo ngesikhathi esifushane kakhulu. Yebo, yilokho amanye amanani anolaka kakhulu ekuziphatheni kwabo ezimakethe zezezimali. Kuyinto okumele uyazi kahle uma ufuna ukusebenza nalokhu okukhethekile futhi ngasikhathi sinye inani lendabuko.
Kuthungathwa izindawo eziphakeme kakhulu
Okwamanje, amasheya ale nkampani kagesi ebalulekile azama ukufinyelela kuwo ama-all-time highs azungeze ama-euro angama-23. Kuncane kakhulu okumele akwenze bese ezongena ngokugcwele esibalweni esaziwa ngokuthi yi-free rise. Ngenye yezinto ezuzisa kakhulu izintshisekelo zakho ngoba bekungeke kube nokumelana okukhulu endleleni. Ngokukhetha okucacile kokuthenga ukuzama ukwenza ukonga kunenzuzo ngempumelelo ethile. Ngaphandle kwenzuzo ongayithola ngokukhokha izinzuzo.
Ngakolunye uhlangothi, ibuye ivelele ngoba ingesinye sezitoko ezinenzuzo enkulu kulo nyaka, ngokwazisa okusondela ku-7%. Yize ngonyaka owedlule cishe i-15% yentengo yalo yasala emseleni futhi ngenxa yokungabaza okwenziwa umugqa webhizinisi lawo ezimakethe zezezimali. Ngokulungiswa okujulile kwamanani abo okunikeze abatshalizimali abaningi abancane nabaphakathi bathathe izikhundla ukusizakala ngamanani aphansi lapho amasheya abo athengiswa khona.
Thuthukisa imiphumela yebhizinisi lakho
I-Endesa ikwazile ukukhulisa inzuzo ephelele ngama-47% kuya kuma-euro ayizigidi ezingama-372 ngekota yokuqala yonyaka, ngenxa yokukhula kwebhizinisi elenkululeko, umthamo walo ophindwe kabili, ngokusho kwenkampani uqobo. Ngakolunye uhlangothi, imali engenayo yenkampani yamandla esikhathini kusuka ngoJanuwari kuya kuMashi ibifinyelela ezigidini ezingama-5.169 zama-euro, okusho ukwehla okuncane kwe-1% uma kuqhathaniswa nenzuzo yama-euro ayizigidi ezingama-5.223 atholakale ngesikhathi esifanayo sika-2017.
Enye imininingwane efanelekile ethulwa yinkampani kagesi isuselwa ekutheni i-its Inzuzo ephelele yokusebenza (i-Ebitda) yeqembu yayingama-euro ayizigidi ezingama-880 Ekupheleni kukaMashi walo nyaka okhona, ngokukhula ngama-25%, kanti inzuzo yokusebenza (i-Ebit) kwikota yokuqala bekungama-euro ayizigidi ezingama-508, kanti empeleni imele ama-49% ngaphezu konyaka odlule. Ukufika lapho abaphathi bayo balindela inzuzo ephelele yemali ezungeze i-1.400 million euros kanye ne-Ebitda cishe yama-euro ayizigidi ezingama-3.400 ngasekupheleni konyaka.
Ukusekelwa kuma-euro angama-15 ngesabelo ngasinye
Ngakolunye uhlangothi, inokusekelwa okuqinile kuma-euro angama-15 ngesabelo ngasinye, noma ngabe uma iwa ingawela phansi iphinde ingene indawo eyehlelayo eyingozi eyingozi ngezintshisekelo zakho njengomtshali-zimali. Lokhu kwenzeka uma isimo sishintsha kakhulu kusukela manje kuqhubeke. Ngoba awukwazi ukukhohlwa ukuthi okwamanje ukuthambekela kwayo kuphezulu esikhathini esifushane, esiphakathi nesikhathi eside. Isimo esihle kakhulu kuwe ukuthi uthathe izikhundla ezinsukwini ezizayo. Kunoma ikuphi, ungalindeli ukuvuselelwa okukhulu ngoba abahlaziyi bezezimali banikela kuphela phakathi kuka-5% no-8% njengamandla okukhula.
Ngakolunye uhlangothi, kuyathakazelisa kakhulu ukuthi uyalazisa iqiniso lokuthi i-Endesa ingashintsha amasheya ayo nganoma yisiphi isikhathi. Lesi yisici esibaluleke kakhulu esingathinta intengo yamasheya akho ukuthi akhuphuke noma ehle ngokuya ngesipho abasithumela ezimakethe zezezimali. Kanye nokungenzeka ukulungiswa umbuso waseSpain ngamanani kagesi. Futhi uma kunjalo, kungaba yisimo esihle kakhulu sokuthi amasheya awo awe kakhulu ezimakethe zamasheya. Kungaba ngenye yezingqinamba uma utshala imali yakho kule nkampani ebaluleke kakhulu yaseSpain equity.
Ngokukhetha okucacile kokuthenga ukuzama ukwenza ukonga kunenzuzo ngempumelelo ethile. Ngaphandle kwenzuzo ongayithola ngokukhokha izinzuzo.
Amandla wokufaka inani
Vele, ziningi izinto ongakhetha kuzo i-Endesa njengecebo lokwenza ukonga kwakho kube nenzuzo. Ngabe ufuna ukwazi okubaluleke kakhulu?
- Isabelo esiphakeme esikhiqizayo nalokho unomshuwalense kuze kube ngu-2020, ngokusho kwabaphathi babo abakhulu.
- Ngenye ye amanani wezinkomba zamasheya aseSpain futhi lokhu kuzodingeka ukuthi kubhekwe ukuthi kungenzeka yini ukungena ezikhundleni zabo kusukela manje.
- Ifakiwe kufayela le- umkhakha wezamasu weSpain njengoba kungugesi futhi lokhu kusho ukuthi ukuwa okukhulu akulindelekile eminyakeni ezayo. Okungenani hhayi emazingeni akhathaza kakhulu abatshalizimali.
- Ihlinzeka ngemali ephezulu futhi ikuvumela faka futhi uphume ezikhundleni kusuka kule nkampani kagesi ngokukhululeka okukhulu. Futhi ngaphandle kwanoma yisiphi isikhathi ubambekile njengamanye amanani.
- Kunenzalo enamandla yokuthenga kubatshalizimali nokuthi yini eyenza ukuthatha isikhundla kuphele kulungiswa ngokuguquguquka okukhulu nokuguquguquka. Yize ngokubuyekezwa okuthile lokho kungeke kumangalisa neze. Uma kungenjalo, zizohamba ngamamaki amancane kunolunye uchungechunge lwamanani anolaka kakhulu.