Elinye lamasu okutshala imali ngalesi sikhathi lifaka phakathi ukugcina iFerrovial kuphothifoliyo yezokuphepha engxenyeni yokuqala yalo nyaka. Hhayi ize, idlala ngenzuzo enkulu ukuthi ingazuza ngokuba khona kwayo okuphezulu eNyakatho Melika nokuthi imele ngaphezu kuka-50% yokulinganiswa kwayo emakethe yamasheya. Ngenkathi ngakolunye uhlangothi, imininingwane emihle enkulu ikhombisa ukuthi i-United States izoqhubeka esigabeni sokunweba. Ngalesi simo, umnyango wokuhlaziya iBankinter uveza ukuthi "iFerrovial ingahlomula kuzo zombili izindlela ezithuthukisiwe zethrafikhi nokwehla kwamandla emali kanye nezindleko eziphansi zezimali".
Kunoma ikuphi, kungenye yezinkampani ezibalulwe isici sobuchwepheshe esingcono unayo njengamanje. Ngaphansi kwendlela ecacile yokukhuphukela phezulu, okungenani esikhathini esifushane naphakathi esingasiza ekuthathweni kwezinqumo ngabatshalizimali abancane nabaphakathi. Lapho zonke izibikezelo zikhombisa ukuthi ingaqhubeka nokwenza kahle nasezifundweni ezilandelayo. Ngokusebenza okungcono kunamanye amanani we-index ekhethiwe yemali engenayo yaseSpain, i-Ibex 35.
Kungokunye ukuphepha okumbalwa okukhona iphendule ngokwamukeleka kahle lapho sibhekene nesimo esingesihle ezimakethe zezimali zengeniso eguquguqukayo, ezweni lonke nangaphandle kwemingcele yethu. Futhi yini ebaluleke kakhulu okwamanje, ngokuthembela ekuvuseleleni okufuna kakhulu. Ikakhulukazi uma kuqhathaniswa nezinye iziphakamiso ezimakethe zamasheya zaseSpain. Ngokulingana phakathi kwenzuzo nobungozi okungaba mnandi kakhulu kuwo wonke amaphrofayili abatshalizimali abancane nabaphakathi abakhona. Ukuba ngesinye sezimanga ezinhle kulo nyaka okhona, lapho lesi simo besingalindelwe abanye babahlaziyi bezimakethe abadume kakhulu.
I-Ferrovial kuma-euro angama-22 ngesabelo ngasinye
Yebo, inkampani exhunywe ekwakhiweni nasezinsizakalweni okwamanje ibalwe namandla okulinganiselwa wokubuyekeza we-7% maqondana nentengo ebhekiswe kuyo. Ezikhathini zamuva nje sekusondele kusithiyo esinaso kusondele kakhulu kuma-euro angama-23 ngesabelo ngasinye. Ngesincomo sokuthenga esivela kubenzeli abafanele kakhulu nabalamuli bezezimali. Yize izinhloso zayo ezisheshayo ezinye zifuna kakhulu futhi lokho kukhomba ekufinyeleleni emazingeni ama-25 euros. Iphuzu elihle lapho bengasusa khona izikhundla ukuze bajabulele ukuzuza kwemali etholakele kuze kube manje.
Ngenkathi ngakolunye uhlangothi, kungakhohlwa ukuthi leli nani lemakethe adlale ngomoya wakhe ophansi yezintshisekelo zebhizinisi lakho futhi ungasebenzisa noma yikuphi ukulungiswa ngentengo yayo ukuvula izikhundla. Ngisho nasendaweni ebucayi kulawa macala ngenxa yokuvela kwamanje kwenkampani efakwe kuhlu lwe-Ibex 35. Kunoma iyiphi indawo, kunento eyodwa ecace bha yokuthi abatshalizimali abancane nabaphakathi kumele bayinakekele futhi lokho yilokho okwamanje izinga lentengo Amasheya amaFerrovial asondele ekumelaneni kwawo okulandelayo kunasezisekelweni ezinazo ngezansi. Lesi yisiginali enhle kakhulu yabasebenzisi abazothatha izikhundla kusukela manje kuqhubeke.
Inani elinconywe ngabathengi
Kunoma ikuphi, inani elikhulu labathengisi bezezimali likhethe iFerrovial njengenye yezokuphepha abazithandayo ukuqedela iphothifoliyo yabo yokutshala imali. Okungenhla kohlu lokubaluleka okukhethekile njengoba kunjalo okwamanje ISantander, Inditex futhi ikakhulukazi i-Iberdrola. Inemvume kubo yokwenza ukonga kube nenzuzo ngendlela esebenza kahle futhi kube neziqinisekiso ezinkulu ekuvikelweni kwabo. Kuyinto ekufanele uyihlolisise endaweni engaqondakali lapho imakethe yamasheya ibilokhu ithuthuka kusukela ezinyangeni zokugcina zanyakenye. Kuze kube seqophelweni lokuthi abanye bakuthathe njengamathuba ambalwa ebhizinisi ahlinzekwa yi-Ibex 35.
Kulesi simo esivamile, bambalwa ukungabaza okuhlasela leli nani lemali engenayo kazwelonke evelayo njengenye yezintandokazi enye yezintandokazi ezinkulu ngabalamuli bezezimali. Phakathi kwabo, okuvela emnyangweni wokuhlaziywa kweBankinter ofake leli nani lomkhakha wezokwakha ngaphakathi kwephothifoliyo yalo yamanje yokutshalwa kwezimali kanye nezinye iziphakamiso ezingaba nenzuzo enkulu yokufeza inzuzo enkulu ezimakethe zezezimali. Into edlala ngokuvumelana nezintshisekelo zale nkampani esohlwini ezinyangeni ezimbalwa ezizayo.
Qinisa utshalomali lwakho phesheya
Lesi ngesinye sezici ezifanele kakhulu ukugcina i-Ferrovial engqondweni kuphothifoliyo yethu elandelayo yokutshala imali. Izinkontileka zayo ziyanda ezingeni lamazwe omhlaba, eliqinisa isikhundla salo ezimakethe zezimali. Okujabulisa bonke abatshalizimali bayo, abakhombisa ithemba labo lokuthi ingaqhubeka nokukhuphuka ezikhundleni ekulinganisweni komugqa wayo webhizinisi nangaphezulu kolunye uchungechunge lokucatshangelwa kwezobuchwepheshe. Ngenkathi ngakolunye uhlangothi, ungakhohlwa ukuthi le nkampani livela emkhakheni okhulayo eSpain. Futhi akukho kungabaza ukuthi udonsa umnotho wethu eminyakeni yamuva ngenxa yokuqina kwebhizinisi lawo.
Lokhu kwanda kwezinkontileka kungaba yiphasipoti ecacile ukuze kusukela manje inkampani yeFerrovial ikhuphule inani layo ezimakethe zezimali. Uma kungenjalo ngaphansi kwamandla amakhulu, ngokuqhubekayo futhi kuya ngemiphumela yebhizinisi eliyinikezayo kwikota ngayinye. Ngaphezu kwalokho, akukwazi ukukhohlwa ukuthi inikeza isivuno semikhawulo kubaninimasheya bayo okufanele kuthathwe njengokwamukelekayo. Ngokubuyiselwa kokonga okusesilinganisweni phakathi kuka-4% no-5%. Akuyona imali ekhokhiswa kakhulu ye-akhawunti kepha kungenye isisusa esingeziwe sokufaka izikhundla zale nkampani yokwakha ngokukhokha okungaguquki nokuqinisekisiwe minyaka yonke.
Izinkontileka ezintsha zeFerrovial
Ngaphakathi kwalolu qhinga olusanda kushiwo, luvelela ukubaluleka kwalo okukhethekile ukuthi iyinkampani engaphansi kwalo, iCintra, ekugcineni ephethe ukwenza iphrojekthi ekwakheke kwayo e-United States. Ngokuphothulwa kwezigaba eziningana emigwaqweni yabo emikhulu futhi engazuzisa amabhokisi ayo ebhizinisi. Okuthile okuthandwa kakhulu ngabaninimasheya bayo abangabona ngisho nokuthi isivuno sesabelo sabo sikhuphuka kanjani eminyakeni ezayo ngenxa yemiphumela yabo yokubalwa kwemali.
Akumangalisi ukuthi sikhuluma ngomsebenzi omkhulu ezindaweni zaseDallas-Forth Worth eTexas, enye yezindawo ezicebe kakhulu ezweni. Futhi ukuthi noma kunjalo kungaba nomthelela oqondile ekulinganisweni kwale nkampani esohlwini ekulinganisweni kwentengo yayo ezimakethe zezimali. Ngenxa yobukhulu bephrojekthi futhi ngoba ivulelwe imakethe ebaluleke njengaleyo emelwe yi-United States khona manje. Ngomphumela wayo phakathi kwabadayisi ababaluleke kakhulu ezingeni lomhlaba jikelele futhi lokho kungakusiza ukuthi uqhubeke nomkhuba we-bullish wezinyanga zakamuva. Akumangalisi ukuthi kungenye yezinhloso zayo ngalesi silinganiso elisungule e-US.
Futhi inamanye amaphrojekthi emigwaqo emikhulu e-United States angakhuphula intengo yamasheya ayo esikhathini esingekude kakhulu. Ngomklomelo ophethwe ngamaphrojekthi amaningi afaka phakathi ukutshalwa kwemali okungaba yizigidi ezingama-650 zamaRandi ngesikhathi semvume seminyaka engama-50. Enye yezinto ezibaluleke kakhulu azenzile kuze kube manje kulo nyaka. Futhi lokho ngandlela thile kuchaza ukuthi kungani intengo yamasheya ayo ikhuphuke kakhulu ezinyangeni ezisanda kwedlula futhi yaba seqophelweni lokuba ngomunye we-bullish kakhulu kunkomba ekhethiwe yezimali zaseSpain.
Imiphumela yebhizinisi
UFerrovial, ingqalasizinda yomhlaba kanye nomqhubi wezokuhamba, uzuze umphumela ophelele wama-euro ayizigidi ezingama-2019 kwikota yokugcina ka-98, uma kuqhathaniswa ne -161 million euros ngonyaka odlule, umthelela wokuhlinzekwa kwama-euro ayizigidi ezingama-345 ukumboza ukulahleka okungenzeka kusuka kwezinye izinkontileka zokwakha e-United States. Inzuzo ephelele ingafinyelela kuma-euro ayizigidi eziyi-114, kwehlise lo mphumela. I-RBE imi kuma-euro ayizigidi ezingama-230, okuzosusa lesi sihlinzeko, kuzokhuphukela kuma-euro ayizigidi eziyi-115. Kubuye kwaba nomthelela ekushintsheni kwepherimitha njengoba isigaba sezinsizakalo sichazwa ngokuthi "kubanjelwe ukuthengiswa".
Le yimininingwane etholwe kahle kakhulu ngabenzeli abahlukene bezimakethe zezimali. Kepha hhayi kuphela, kepha futhi nangabatshalizimali abancane nabaphakathi. Ukufika ezingeni lokuthi i- ukuthenga izikhundla zibekwe ngokucacile okuthile kubathengi ezinsukwini zokugcina nasemasontweni okugcina. Ngophawu olucacile lwentshisekelo ezenziwa yizenzo zabo ezimakethe zezimali. Kuphinde kwaba nomthelela ekushintsheni kwepherimitha njengoba isigaba sezinsizakalo sihlukaniswa ngokuthi "kubanjelwe ukuthengiswa".