Omunye wemikhakha yesitoko esithuthuka kakhulu emasontweni adlule, okumangaze kakhulu abatshalizimali abaningi, i ugesi namandla. Ngezinkampani ezimbili, njengasesimweni se-Endesa ne-Iberdrola, ezihlomula ngokugeleza kokuthengwa ezimakethe zokulamula zezwe lethu. Lapho kuze kube yizinsuku ezimbalwa ezedlule ukuthambekela kwakhe kwakuhluke ngokuphelele. Njengomphumela wokujeziswa kwizabelomali ezingabonwa ezethulwe nguhulumeni waseSpain. Kepha izinkinga zokuvunywa kwayo zinikeze okulindelwe okusha ukuze amanani entengo ayo ehle ezinsukwini ezizayo.
Kunoma ikuphi, izincomo zokuthenga ziyabekwa kulezi zinsuku yingxenye enkulu yabalamuli bezezimali. Obani abakhulise yabo intengo ekhonjiwe ngaphezu kwalokhu izinkampani ezidayisa ngalesi sikhathi esiqondile. Ngaphandle kokunye ukucatshangelwa kobuchwepheshe futhi mhlawumbe kusuka endaweni yokubuka eyisisekelo. Ukwethulwa kwemiphumela yebhizinisi ngekota yesithathu yalo nyaka kuhlobene kakhulu nalokhu.
Amathemba esikhathi esifushane mahle kakhulu futhi ngaphezu kwalawo akhiqizwe eminye imikhakha efanelekile emalini yaseSpain. Kuhluke kakhulu kunalokho okungenzeka esikhathini esimaphakathi nesikhathi eside esivele sizoxhomeka kwezinye izimo ezihlukile njengokucatshangelwa ukungena kwezikhundla kwenye yalezi zinkampani ezimbili ezisohlwini lwenkomba yokukhetha yaseSpain, i- Ibex 35. Ngaphezu kwalokho, kufanele kubhekwe ukuthi bangaba ngomunye wabazuze kakhulu emhlanganweni omude oselindelwe wamaholide kaKhisimusi olindwe ngabatshalizimali abancane nabaphakathi naphakathi.
I-Endesa ihlola ama-euro angama-20
Elinye lamacala afanele kakhulu alo mkhuba oya phezulu komunye wemikhakha efanelekile yamasheya kazwelonke yi-Endesa. Imiphumela yebhizinisi layo izimangaze kahle izimakethe zezezimali. Phakathi nezingxenye ezintathu zokuqala zonyaka, kube ngomunye wabazuzi bemakethe ekhululwe kulo mkhakha obaluleke kakhulu wezomnotho waseSpain. Futhi nokuthi basizile amanani abo wokufakwa ohlwini akhuphuke kakhulu kulezi zinsuku. Ukusondela emazingeni abalulekile njengalawo asungulwe ku- Ama-euro angama-20 ngesabelo ngasinye.
I-Endesa ikhiqize kulesi sikhathi sokuhlaziya a inzuzo ephelele zama-euro ayizigidi eziyi-1.193, okumelwe ukwenziwa ukwanda okusondele ku-10% maqondana nesikhathi esifanayo sonyaka odlule. Yize into yokushayela yalesi simo se-bullish kumele ifunwe ekutholeni umkhawulo webhizinisi legesi, inkampani ibike. Leli qiniso lidale ukuthi ukunyakaza kokuthenga kube nzima kulezi zinsuku kumkhuba wokuthengisa obubonakala usungulwe ezinsukwini ezimbalwa ezedlule. Ngokuqondile ezinyangeni zikaSepthemba nasezinsukwini zokuqala zika-Okthoba.
Imali engenayo ifinyelela kuma-euro ayizigidi eziyi-15.353
Enye imininingwane edalula kakhulu ngemiphumela yebhizinisi yenkampani kagesi i-Endesa kungenxa yokuthi imali engenayo yenkampani yamandla esikhathini kusuka ngoJanuwari kuya kuSepthemba yaba 15.353 million euro. Okungukuthi, u-4% ngaphezu kwezinyanga eziyisishiyagalolunye zokuqala zika-2017 futhi eziqoqwe ngabatshalizimali abancane nabaphakathi. Ngakolunye uhlangothi, akukwazi ukukhohlwa ukuthi ezinsukwini zokugcina zikaDisemba izokwaba isabelo phakathi kwabaninimasheya abanenzuzo esondele kakhulu ku-7%. Iqiniso elinganakiwe ngabatshalizimali, kuzwelonke nakwamanye amazwe angaphandle kwemingcele yethu.
Ngakolunye uhlangothi, esinye isizathu esithandwe ngabenzeli abehlukene bezomnotho iqiniso lokuthi inhloso yalo entsha izovumela iqembu ukuthi lifinyelele enjongweni yenzuzo yonyaka yemali eyi-1.400 million euros. Okuthile okukhuthaze i- ukungena kwemali entsha ezimakethe zezezimali ezingaholela ezenzweni zabo ukudlula ngisho namazinga abalulekile wama-euro angama-20 ngesabelo ngasinye. Akumangalisi ukuthi inani elihlosiwe elinikezwe abanye abalamuli bezezimali liphakathi kwama-euro angama-20 nama-21. Amasheya akwa-Endesa asazoqhubeka nokuba nohambo olubheke phezulu.
Amanothi avela kuJP Morgan
Kusuka kulo broker unikeze umbono wakhe ku-Endesa, yize kwakungaphambi kokushicilela imiphumela yebhizinisi lakhe kwikota yesithathu yonyaka. Ukuphawula esitatimendeni sayo esibanzi sokuthi "ukusebenza okuqinile kwezisekelo zenkampani kwikota yesithathu kanye nemisila yomsila (esikhathini esifushane) yekota yesine yonyaka isekela umbono wethu wokuthi i-Endesa izodlula izibikezelo zayo ze-Ebitda zango-2018". Yize ngakolunye uhlangothi, iveza ukuthi intengo ebhekiswe kuyo njengamanje ingama-euro angama-20,50 uma kuqhathaniswa nama-euro ayi-19,55 lapho iseshini ivalwe khona ngoLwesithathu olwedlule. Ngalokho i- amandla aphezulu izosondela emazingeni angaphezudlwana kuka-5%.
Le miphumela ithonywe ikakhulukazi iqiniso lokuthi ngokuvuselelwa kwayo Isu Lamasu, yiba sesimeni esihle kakhulu sokuphakamisa izinhloso zakho ucabanga ngokuphela konyaka osekuzophothulwa. Ngethemba elihle kakhulu lonyaka wezimali wonke ka-2018. Okuthile okungabonakala enanini lamasheya alo ngenhloso yokuphela konyaka futhi okungasetshenziswa ukuthatha izikhundla ukwenza ukonga kube nenzuzo ngonyaka Kunzima kakhulu ekulinganisweni kwezwe. Njengakwezinye izimakethe zamasheya zomhlaba jikelele futhi lokho kungaba ne-epilogue ethakazelisa kakhulu kubatshalizimali abancane nabaphakathi.
Iberdrola esimeni esingaxegeki kangako
Ngokwengxenye yayo, enye inkampani enkulu emkhakheni kagesi waseSpain usesimweni esifana ncamashi naleso esedlule, kodwa ngochungechunge lwemininingwane okufanele uyicabangele uma uzobamba izikhundla ezinsukwini ezizayo. Okokuqala, angikhiqizanga kulezi zinsuku ukunyakaza okukhulu okudalwe yi-Endesa. Akumangalisi ukuthi ihambile ngentengo yayo ngaphansi kwemikhawulo emincane efakiwe phakathi kwama-6 nama-6,50 euros isabelo ngasinye. Lapho ukuzinza kwayo kube ngesinye sezici ezivame kakhulu ekulinganisweni kwayo ezimakethe zezimali.
Kunoma ikuphi, kungenye yezinkampani ezingakha umkhuba othakazelisayo wokuya phezulu ezinyangeni ezizayo. Ngenhloso ekulinganisweni kwayo kwemakethe yamasheya okusondele kakhulu kuma-euro angama-7. Ngakho-ke, kusenjalo ukuhamba phezulu uma inganqobeki ekusekelweni okuphakathi nasesikhathini eside kokubaluleka okuthile. Noma kungahle kube phakathi kokuthuthukisa ukulungiswa kokucatshangelwa okuthile. Sekuyiminyaka engama-20, ukulinganiswa kwayo kusuke kusuka kuma-euro angaphezu kwama-2 kuya kuma-6,50 euros okwamanje kubhalwe kuwo. Ngamanye amagama, ukuvuselelwa okungaphezulu kuka-100%.
Inani elizinzile emakethe yamasheya
Kunoma ikuphi, uma amasheya ale nkampani kagesi ebonakala entweni ethize, kungukuthi azinzile kakhulu. Akukho ukungazethembi okukhulu umehluko phakathi kwamanani abo aphezulu kanye namanani amancane kuseshini efanayo yokuhweba futhi lokhu kusiza ingxenye enhle yabatshalizimali abavikela kakhulu emakethe ukuthi bangene ezikhundleni zabo. Ngoba futhi inikezela abaninimasheya bayo ukusatshalaliswa kwezabelo okukhangayo kakhulu. Nge- buyisela ekulondolozeni cishe u-5% nangaphezulu kwamanani athile afanele kunkomba yokulinganisela yamasheya aseSpain. Ukuba ngenye yezinto ezikhangayo ukuthatha izikhundla kule nkampani eminyakeni embalwa ezayo.
Kuyinto yokuphepha ehlose kakhulu ezikhundleni ezibhekiswe esikhathini esimaphakathi nesikhathi eside ngenxa yezici zayo ezikhethekile. Njengoba ngamafuphi nje bengazitholi izinsizakusebenza ngoba kuyinkimbinkimbi ukwenza ukunyakaza kube nenzuzo ngenxa yokungaguquguquki kwabo okuphansi. Kunoma ikuphi, akulona inani lokucabangela abangenziwa ngalo imisebenzi ye-intraday noma esikhathini esifanayo sokuhweba. Ngalo mqondo, ungaba namasheya ka-Iberdrola ngokuphelele kuphothifoliyo yakho yokutshala imali ngoba ngeke bakunikeze ikhanda elibi ngokweqile kusukela manje.
Esikhathini esiphezulu
Kunoma ikuphi, lezi yizinkampani ezimbili ezigcina umkhuba ocacile uye phezulu futhi lokho kungaba yiziphakamiso zakho zonyaka ozayo. Ikakhulukazi uma okulindelwe kuhlangatsheziwe ukuthi kungaba yinkambo yemakethe yamasheya eyinkimbinkimbi kakhulu kunaleyo eyedlule. Ngokuntengantenga okukhulu ezimakethe zezezimali futhi lokho kungathonya ingozi yokulingana owomhlaba mkhulu kunangezinye izikhathi.
Ngalo mqondo, lezi zinkampani ezimbili zikagesi zingakunika ukuthinta okuthile kokuqina kuphothifoliyo yakho yokutshala imali. Ngamathuba amakhulu okuqhubeka nokuhlaziya ezinyangeni ezizayo. Yize lokhu kukhuphuka kungeke kwenziwe ngomfutho omkhulu, njengoba kujwayelekile ezinkampanini zikagesi zaseSpain. Ngaphandle kokunye ukucatshangelwa kobuchwepheshe futhi mhlawumbe futhi kusukela ekubukeni kwezisekelo zayo. Ngakolunye uhlangothi, bahlala ezingeni elihle izinyanga ezimbalwa. Ungaba amasheya e-Iberdrola ngokuphelele kuphothifoliyo yakho yokutshala imali ngoba ngeke ikunikeze ikhanda elibuhlungu kusuka manje.