I-Bankinter, ngombiko wayo wendabuko wekota, yenza uchungechunge lwezincomo kubatshalizimali ezinyangeni ezizayo. Lapho futhi enza khona eyodwa iziphakamiso kwizibambiso zamasheya lapho ukonga kungenziwa okusemandleni kakhulu. Kunoma ikuphi, kugcizelela ukuthi kuyindlela ephumelela kunazo zonke yokwenza inzuzo etholakala kwizikhundla zabatshalizimali. Ngenkomba yokuthi izimakethe zamasheya zisamile kukhona okungenzeka kushiywe ohambweni lwayo olubheke phezulu. Kodwa-ke, ukuvela kwayo kuyancipha njengekota yesithathu yonyaka.
Abahlaziyi be-Bankinter banombono wokuthi umjikelezo wamanje wezomnotho kusesekude ukuthi uhambe. Ngaphandle kokulungiswa okuthile ezikhiqizwayo. Ngaphandle, yiqiniso, kusuka emiphumeleni yenqubo yokwehlukanisa yiCatalonia kumanani wezimali zaseSpain. Lapho amasheya eBanco Sabadell neCaixabank kungokunye okuthinteke kakhulu kule micimbi. Ukwehla okuphawuleka kakhulu kulezi zinsuku, lapho kubekwa khona izikhundla zabathengisi kulezo zabathengi.
Kunoma ikuphi, kusuka kulo mbiko wekota owenziwe yileli bhizinisi kwezezimali kuyakhonjiswa ukuthi imali engenayo engaguquki okwamanje ngokweqile ngokweqile. Kuze kube seqophelweni lokuthi kukhombisa ukuthi izimakethe zamasheya zingathatha ukunyakaza kwe-bullish engxenyeni enkulu yezimpahla zezezimali. Ngalo mqondo, akukwazi ukukhohlwa ukuthi inzuzo yamadiphozithi amathemu ingaphansi kwamazinga aphansi futhi ayibonwa iminyaka eminingi. Lapho isilinganiso senzalo esikhathini esimaphakathi sezinyanga eziyi-12 sicishe sibe ngu-0,20%.
Izincomo zebhange
Esinye isici esithinta i-Bankinter ukuthi ama-equities amasu amahle kakhulu okwenza ukonga kube nenzuzo esikhathini esimaphakathi. Kepha ngaphandle kwalezi zibikezelo, baphinde baxwayise ngokuthi indlela esele yenkomba yokuma yemakethe yamasheya kazwelonke incane kakhulu. Ngokuqondile, bacabanga ukuthi i-Ibex 35 isenayo i- 2,5% indlela eya phezulu. Leli yiphesenti ongacela kulo abatshalizimali abancane nabaphakathi ukuthi ngubani ongangena ezimakethe zezimali kusukela manje kuqhubeke. Ukwesaba ukubambeka ezikhundleni ezivulekile kuyisici esibanika amandla okwenza lesi sinqumo.
Ngakolunye uhlangothi, abahlaziyi balesi sikhungo sezezimali bacabanga ukuthi inkomba ekhethiwe inomkhawulo wayo omkhulu ku- Amazinga amaphuzu ayi-10.500 10.600 noma angu-XNUMX XNUMX. Yize bephakamisa nokuthi ngonyaka ozayo bangaweqa kancane la mazinga. Kodwa-ke, ngokuya ngalezi zilinganiso zezimakethe zezezimali, bazoba yithuba lokwenza imisebenzi yokugcina isikhathi futhi ikakhulukazi ngaphansi kwemigomo emifushane yokuhlala unomphela. Ngoba izingozi ezingaba khona ezikhwameni zingaphezu kokucashile. Eqinisweni, umbiko owenziwe yiBankinter awunathemba njengakwezinye izindawo ezedlule.
Ukhiye usemiphumeleni
Baphinde basikisela ukuthi imiphumela yebhizinisi izothatha isinqumo esikhulu ngokuvela kwezimakethe zamasheya kusukela manje kuqhubeke. Ngalo mqondo, bakholelwa ukuthi uma beqhubeka nokwenza ngcono ezindaweni zokuhlala ezizayo kungaba impikiswano entsha yokuthi amasheya akhuphuke, yize kungenjalo ngamandla amakhulu njengamanje. Ngakolunye uhlangothi, i- ukubuyekeza inzuzo ezinkampanini ezisohlwini kuzoba enye ipharamitha okufanele ibhekwe ukunquma ukuthi kulula yini ukuya emphakathini. Kuzothatha isikhashana ukuba nale datha ezandleni zethu. Kuyobaluleka ukwenza noma yiluphi uhlobo lwezinqumo.
Esinye sezici ezinquma kakhulu kuzoba ukukhetha kwamasheya ukwenza iphothifoliyo yokutshala imali. Ngoba ngokuya ngalezi zinhlaka umehluko ungakwenza finyelela ku-10%. Okuthile okusho imali eningi ekusebenzeni okwenziwe futhi ngenxa yalesi sizathu kulula ukuthi uhlaziye kakhulu kunezinye izikhathi. Akumangalisi ukuthi kungumyalezo ongadluliselwa kusuka ekuhlaziyweni kokutshalwa kwezimali kweBankinter. Ukugwema izimo ezingafuneki kubatshalizimali abancane nabaphakathi, abahlaziyi baleli qembu lezezimali banikeza uchungechunge lwezincomo zokuthatha izikhundla kusuka manje.
Isitoko esibukeka kangcono
Laba bahlaziyi bahle kakhulu mayelana izinkampani zobuchwepheshe. Ngoba ngombono wabo bacabanga ukuthi inguquko yezimboni eyenzekayo izosuselwa kuzinguquko zobuchwepheshe. Ngakolunye uhlangothi, bavulelekile nakwabezindaba, lapho iMediaset ingenye yezintandokazi zabo ezicacile. Ngokwezinga lapho ibheka khona ukuthi noma ikuphi ukusika kufanele kubhekwe njengethuba lokuthenga ngakho-ke ukwenza ukonga kube nenzuzo ethe xaxa. Banethemba futhi ngokungena kwiphothifoliyo yokutshalwa kwezimali yezokuphepha njengoba kucacisiwe njengalokhu okuvela emkhakheni wezokuvakasha.
Inqubekela phambili enhle yezokuvakasha, kuzwelonke nasemhlabeni wonke, iphakamisa ukuthi kufanele kube ngesinye sezizathu zokukhetha lezi ziphakamiso emalini yaseSpain. Ngokwalo mbono, lapho behlaziya izimakethe zezezimali, bakubheka lokho USol Meliá kungaba yisinqumo esihlakaniphile ukufaka iphothifoliyo yakho elandelayo. Njengezindiza zezikhathi ezithile ezithuthukisa imiphumela yayo yebhizinisi emibikweni yakamuva yekota.
Umkhakha wezimboni othembeke kakhulu
Labo abaxhumene nomkhakha wezimboni nabo babheka izinqumo ezinhle. Kuze kube seqophelweni lokuthi kusuka kwaBankinter bakhuphule ukubheja kwabo ukuthenga. Phakathi kwezintandokazi zakhe, i-Acerinox ivelele ngaphezu kwakho konke maqondana nemakethe yasekhaya. Ngenkathi ingaphandle kwemingcele yethu izinketho zenzelwe Ugesi eJalimane. Kungumkhakha we-cyclical olungele kakhulu ukushayela ukuzuza okuphezulu kakhulu ngezikhathi ezibanzi kakhulu. Yize ngenxa yezizathu ezifanayo, bakhiqiza ukwehla okukhulu ezimeni zokwehla komnotho. Ngakho-ke, lezi yizibambiso eziguquguqukayo ezidinga ukwelashwa okukhetheke kakhulu kubatshali zimali abancane nabaphakathi naphakathi.
Lesi sigaba sezokuphepha simele emakethe kazwelonke yizinkampani ezifana nenkampani uqobo. I-Acerinox no-Arcelor Mitall. Kokubili, ukwehla okubukhali kakhulu ezikhathini ezinzima kakhulu zenkinga yezomnotho yakamuva. Lesi ngesinye sezizathu sokuthi kungani bengaba nokubonga okuphezulu kunakwamanye amazwe aseSpain. Ngokombono, kungaba ukukhetha okuhle, njengoba iBankinter icabanga, ukuthatha izikhundla ngalezi zikhathi eziqondile.
Azikho ezinye izindlela emakethe yamasheya
Eminye yemibono lo mbiko owenziwe yiBankinter ethunyelwa kwamanye amazwe ukungabi khona kwezinketho zokwenza ukonga kube nenzuzo ngendlela esebenza kahle kakhulu. Njengoba kunikezwe inzuzo ephansi yemikhiqizo yokonga yendabuko (amadiphozithi etheimu, amanothi ezethembiso zebhange noma izikweletu zombuso, phakathi kwezinye ezifanele kakhulu). Kuzo zonke izimo i-apenan yeqa inzalo ka-0,50%, ngisho nangezakhiwo ezinolaka kakhulu. Lokhu kubangela ukuthi ama-saver amaningi abhekise amehlo awo emakethe yamasheya njengowukuphela komthombo wokunweba la ma-margins abuthaka enzuzweni. Noma kunengozi ebandakanyekile kulolu hlobo lokusebenza, ngoba akukho mali ebuyiswayo ekulondolozweni okuqinisekisiwe.
Kungenxa yalezi zimo lapho ingxenye enhle yabatshalizimali abancane nabaphakathi beqhubeka nokukhetha lo mthombo ekutshalweni kwemali. Hhayi kuphela ngokuthengwa nokuthengiswa kwamasheya emakethe yamasheya, kodwa futhi nangeminye imikhiqizo yezezimali. Phakathi kwalezo ezigqamile kukhona izimali zokutshala imali, izimali ezibalwe ohlwini noma ngisho neziqinisekiso zamaphrofayli anolaka kakhulu. Kunoma ikuphi, kuyingozi okufanele uyithathe kusukela manje uye ekulimaleni kokuphepha. Inkinga yaphakade, noma kunjalo, bonke abasebenzisi abanayo lapho betshala noma yiluphi uhlobo lotshalo-mali.
Umthombo wolwazi kumtshalizimali
Kunoma ikuphi, lezi zincomo ezenziwe ngumnyango wokuhlaziya weBankinter zingumthombo wolwazi wokuqondisa izinqumo zakho. Futhi nokuthi ungaqedela ngokunye ukuhlolwa ezimakethe zezezimali ezingaphezulu noma ezingaphansi. Ukuze ekugcineni ukwazi ukuthatha eyodwa ukuzimisela okwengeziwe kwenhloso kwezokuphepha noma kumikhiqizo yezezimali ekulungele kakhulu nganoma yisiphi isikhathi. Akumangalisi ukuthi lesi esinye sezihluthulelo onazo zokwandisa ubudlelwane bakho nezwe lemali.
Konke lokhu, endaweni yokuhwebelana kwamasheya emhlabeni jikelele nge izinga eliphezulu lokungaqiniseki. Lapho izinketho zingashodi ngomqondo wokuthi sisondele kakhulu ekukhiqizeni i-bubble ezimakethe zezimali. Njengoba kunikezwe izingcindezi ukuthi izikweletu zomphakathi namabhondi akhuliswe kakhulu, noma ngokombono wabahlaziyi beBankinter, angaveza. Ngakho-ke, ubuhlakani kufanele bube ngenye yezinqubo ezijwayelekile okufanele uzingenise ekusebenzeni kwakho. Noma ngabe iyiphi impahla oyikhethayo okwamanje. Isu elivumelekile kuwo wonke amaphrofayili athulwe ngabatshalizimali. Kusukela kunolaka kakhulu kuya ekuzivikeleni okuvelele. Akukho okukhishiwe kuhlelo lwakho lokusebenza.