Uma kunesihloko esidukisa ukuzethemba phakathi kwabatshalizimali, akuyona enye ngaphandle kweTelefonica. Ingenye yezinkampani ezisesikhombeni sokukhetha saseSpain nge ukushintshaniswa okukhulu kwezihloko kuzo zonke izikhathi zokulingana. Lokhu kwenza ukuthi isikweletu sayo sibe ngesinye se- efanele kakhulu we-Ibex 35. Into ethanda kakhulu abasindisi abakhetha ukutshala imali emakethe yamasheya ezimakethe zezimali. Lokhu kuguquguquka kunikeza nokuthula okukhulu kwengqondo ekusebenzeni ngokunciphisa ubungozi bokubanjwa yinani.
Amasheya kaTelefonica athola amandla amakhulu njengoba kuyiyona nto ukunakwa kwezimakethe zezimali. Ngalo mqondo, kufanele kuqashelwe ukuthi ezinsukwini zakamuva amafemu wokuhlaziya amaningana aqhakambise amandla okungenzeka inani elinalo elingadluli ngesikhathi salo esihle emakethe yamasheya. Kumele kukhunjulwe ukuthi okwamanje kuveza ukuvuselelwa kabusha kwama-5% kuze kube manje kulo nyaka. Yize singekhohlwe ukuthi ngezikhathi ezithile liwele ngaphezu kwe-10%.
Kunoma yikuphi, ukusebenza kwayo kubhekelwa phansi leyo yenkomba eyinhloko yemakethe yamasheya yaseSpain. Ngezansi kwamavelu afanele kakhulu njenge-Endesa, Iberdrola noma i-BBVA. Akumangazi ukuthi ingxenye enhle yabatshalizimali abancane nabaphakathi bazizwe bedumele ngokuvela kwezenzo zomsebenzi kazwelonke. Kodwa-ke, intshisekelo yoxhumano lwezezimali ingashintsha lokhu okunamandla njengamasonto ambalwa alandelayo. Akumangalisi ukuthi amandla ayo wokubuyekeza angaba ngaphezu kokuthakazelisa kubasebenzisi abaningi
Telefónica: thenga izincomo
Abathengisi abaningana baluleka amaklayenti abo ukuthi athenge amasheya kule nkampani. Nge- amandla aphezulu lokho kuhamba phakathi kuka-20% no-30%. Omunye walaba basebenzisi bezezimali, njengakwisimo esithile sikaGoldman Sachs, uveza ukuthi ingenye yezinkampani eziyisishiyagalolunye zaseSpain ezizibophezele ekuthengeni kanti ezokuphepha ziyaqhubeka nokuba sohlwini lwezintandokazi zakwaCiti emhlabeni jikelele. Le nhlangano ingaholela ekusebenzeni okukhulu ekuthuthukisweni kwayo ezimakethe zezezimali. Ngokulayisha kungezwe ezinsukwini ezizayo.
Ngakolunye uhlangothi, opharetha waseSpain kusengumbono othakazelisayo uma enye yezinjongo zakho eziyinhloko ukukhetha umkhakha wezingcingo onamandla. Ngaphezulu kwezinye izinkampani ezikulo mkhakha ezingeni lomphakathi. Ngoba phakathi kwezinye izizathu kuveza ukulingana phakathi kwengozi nenzuzo okunengqondo impela kuzintshisekelo zakho. Akumangalisi ukuthi bahamba eminyakeni yamuva nje ngaphansi kwebanga eliphephe kakhulu elisuka kuma-euro ayishumi ngesabelo liye ku-10.
Inenzuzo enenzuzo enkulu
Okunye okuhehayo okuyinhloko kuhlala kule nqaba idividendi abasabalalisa phakathi kwabaninimasheya. Ngomkhiqizo ongaba ngu-6%, ngezinkokhelo ezimbili ngonyaka, ezenziwe ngoMeyi nangoNovemba. Lapho uzothola khona umholo cishe wama-euro angu-0,40 ngesabelo ngasinye. Kuyisu elihlose ukwakha imali engenayo engaguquki ngaphakathi kokuguquguqukayo. Ukuze ngale ndlela, ube nemali engaguquguquki futhi eqinisekisiwe njalo ngonyaka. Inketho etholakala kubatshalizimali ngephrofayili elondolozayo noma evikelayo.
Lezi zinhlobo zamasu wokutshala imali zenzelwe isikhathi eside kakhulu. Ngokuyisisekelo kuhloswe esikhathini esimaphakathi neside. Lapho kufanele ube neminikelo yezomnotho ingasebenzi isikhathi eside. Konke lokhu, ngaphandle kokuvela kwamasheya ayo ezimakethe zezezimali. Ngenzuzo ephakeme kakhulu kunemikhiqizo yasebhange (imali yesikhathi, amanothi ezethembiso zebhange noma ama-akhawunti anemali engenayo ephezulu). Kuwo wonke lawa macala, awanikeli ngaphezu kuka-0,5% ezimeni ezihamba phambili. Yingakho kungamangazi ukuthi ingxenye enkulu yabatshalizimali iguqula lezi zindlela zokonga izinzuzo ezikhiqizwe yizinkampani ezibalwe ohlwini.
Ukubaluleka kwesikweletu senkampani
Ama-opharetha, ngakolunye uhlangothi, abheka ukuthi imakethe inokukhathazeka okuncane ngesikweletu senkampani. Ngalo mqondo, kufanele kukhunjulwe ukuthi isikweletu senetha leqembu bekungama-euro ayizigidi eziyizinkulungwane ezingama-48.500 ekupheleni kukaJuni, yize ukuhamba kwemali kwenkampani kuzoqhubeka nokukhula ezindaweni ezizayo. Ngokuphikisana nomphumela wemali ongaba nawo kumiphumela yakho yebhizinisi. Njengomphumela wokunwetshwa kwayo kwezinye izindawo ngokwendawo nokuthi ivezwa kakhulu kwamanye amazwe aphambili eCentral kanye naseNingizimu Melika. Lapho iBrazil ingomunye wabahloli bayo abakhulu.
Kunoma ikuphi, akukwazi ukukhohlwa ukuthi imakethe isalinde ukusebenza okwenziwe yiTelefónica eminyakeni yamuva. Ngokuqondene nesibonelo, okungenzeka I-IPO engaphansi kweBrithani. Ngalo mqondo, amasu weTelefonica awakachazwa okwamanje. Futhi lokhu kuyinto engadala ukungazinzi okuningi kumanani kuze kufike ezingeni lokuthi ingakudukisa ngezikhathi ezithile. Ngaphezu kwakho konke, ngesikhathi sokuthenga okusemthethweni.
Zibiza ngentengo esondele kakhulu kuma-euro angama-9
Amanani ezabelo zeTelefonica ngalesi sikhathi se Ama-euro angu-9,18 ngesabelo ngasinye. Ngokwazisa konyaka okungaba ngu-5%. Inokumelana nama-euro ayishumi esinye sezihluthulelo zokubhalisela ukuthambekela okuphezulu kwenkambo ethile esikhathini esimaphakathi nesikhathi eside. Lokho kungaletha ngisho namanani emazingeni ama-euro ayi-13 noma ayi-14. Ngokuphambene nalokho, noma yikuphi ukwephulwa kokusekelwa okubaluleke ngaphezu kwama-euro ayisishiyagalolunye kuzoba uphawu olunamandla kakhulu lobuthakathaka. Lapho ubungeke ube nenye indlela ngaphandle kokushiya izikhundla ku-opharetha wezokuxhumana.
Ngokuphambene nalokho, ngesikhathi lapho kudlula ukumelana kwama-euro ayishumi izocabanga esinye isignali, kepha kulokhu ukuqala ukuthenga ezimakethe. Ngisho kusuka kusu elinolaka kakhulu kunokujwayelekile. Ngoba impela ngaleso sikhathi bekungaba namandla wokubuyekeza athakazelisa kakhulu ukuze ukwazi ukwenza imali oyongile ibe nenzuzo ngendlela esebenza kahle kakhulu. Phakathi kwezinye izizathu, ngoba ukuvela kwamasheya eTelefónica kuzoba nendlela ecacile ebheke ezinhlosweni eziphakeme. Mhlawumbe ngethagethi ebekwe phakathi kwama-euro ayishumi nane nangu-14. Intengo ethakazelisa kakhulu yokuthengisa izikhundla ezivulekile kuma-equities.
Izici zaleli nani
Ngakolunye uhlangothi, akufanele ukhohlwe ukuthi lesi siphakamiso semakethe yamasheya singakunika uchungechunge lwezinzuzo kuphothifoliyo oyitshalile ozoyakha kusukela manje kuqhubeke. Phakathi kwalabo abagqamile abanye babo esizokudalula ngezansi. Kuyinto elula ukuthi uyicabangele uma unaleli xabiso ku-radar.
- Kuyinto a inani elizinzile kakhulu lokho kungakulethela okuhle kunezici ezingezinhle. Ngaphezu kwalokho, kunikeza isivuno sesabelo esondela kumazinga ayi-6%. Ngemali engaguquki neqinisekisiwe njalo ngenyanga.
- Yiba Kunconywa ngabathengisi bezimali. Ngokwenyuka kwentengo eqondisiwe engakukhuthaza ukuthi uthathe izikhundla kusuka manje kuqhubeke. Hhayi ngeze, kuningi ongakuzuza kunokulahlekelwa nangaphandle kokuthatha izingozi ezeqile ekusebenzeni okwenziwe kusukela manje kuqhubeke.
- Kuyindlela engeyona eyokuqala yokuba sesimweni esisodwa se- amanani amakhulu we-Ibex 35. Ngonhlamvukazi onamandla futhi lokho kukuvumela ukuthi ungene futhi uphume ezikhundleni zakho nganoma yisiphi isikhathi nasesimweni. Njengomphumela walezi zici, ngeke ube nenkinga yokubanjwa ngaleli xabiso lemakethe yamasheya yaseSpain.
- Vele, amasheya kaTelefonica angakwazi ube yingxenye yokutshala kwakho imali okuyinhloko. Ngaphezulu kwezinye iziphakamiso ezenza ukungabaza okuningi ngokuvela kwayo ezimakethe zezimali. Ngaphezu kwalokho, ungayigcwalisa nezinye izinqumo ezingaba nolaka olukhulu ukuzama ukuthuthukisa inzuzo yokusebenza.
- Uma ungafuni ukuvezwa ngokweqile kunani, kuyisiphakamiso esikuvumela ukuthi uthathe izikhundla ngeminye imikhiqizo yezezimali. Imali yesikhathi exhunywe emakethe yamasheya, izimali zokutshala imali noma okunye okubalwe kuzoba okunye okufanele kakhulu ongakuthola ezimakethe zezezimali.
- Lokhu kukhethwa kubhekwa njengaphakathi nendawo maqondana nokuchayeka engozini. Hhayi ngezindlela zokuzivikela kakhulu, noma ezinolaka ngokweqile. Maphakathi kungenye yezinto ezikhangayo ezinhle ukuthi lesi siphakamiso esivamile emalini yamaphothifoliyo amaningi singakunikeza sona.
- Njalo kuyinto yokuhlaziywa kwabezindaba ezikhethekile. Ungaba nokusekelwa okubalulekile kokuzindla ngezinqumo zakho kusuka manje. Ngale ndlela, imininingwane ozoba nayo ibaluleke kakhulu kunamanye amanani angabonakali kangako ngokubaluleka kwawo.
- Futhi kuyindlela enhle kakhulu kuwe yokuqondisa izimali zakho kuyo yonke imibandela yaphakade: mfushane, phakathi noma okude. Ngoba zizoshintshelwa kumasu akho onke kusukela kumzuzu wokuqala. Noma iyiphi iphrofayili oyivezayo njengomtshali-zimali omncane naphakathi nendawo.