Njengomdlwane ojaha umsila wawo, abanye abatshalizimali abasha bavame ukujaha 'into enkulu elandelayo', ngisho noma lokho kusho ukuthenga 'izitoko zezindaba' ngaphandle kwemali engenayo, ingasaphathwa yenzuzo.Ngeshwa, ukutshalwa kwezimali okuyingozi kakhulu kuvame ukuba namathuba amancane okuthi kukhokhelwe, futhi abatshalizimali abaningi bakhokha inani ukuze bafunde isifundo sabo.
Ngokuphambene nakho konke lokho, ngikhetha ukuchitha isikhathi ezinkampanini ezifana ne-WP Carey (NYSE: WPC), engenayo imali engenayo kuphela, kodwa futhi nenzuzo.Nakuba lokho kungenzi amasheya afanele ukuthengwa nganoma yiliphi inani, awukwazi ukuphika ukuthi ubunxiwankulu obuphumelelayo budinga inzuzo, ekugcineni.Izinkampani ezenza ukulahlekelwa zihlale zigijima ngokumelene nesikhathi ukuze zifinyelele esimeni sezimali, kodwa isikhathi ngokuvamile siwumngane wenkampani enenzuzo, ikakhulukazi uma ikhula.
Ingabe ufuna ukubamba iqhaza ocwaningweni olufushane?Siza ekulolongeni ikusasa lamathuluzi okutshala imali futhi ungawina ikhadi lesipho elingu-$250!
Imakethe ingumshini wokuvota esikhathini esifushane, kodwa umshini wokukala esikhathini eside, ngakho intengo yesheya ilandela umholo ngesheya ngalinye (EPS) ekugcineni.Lokho kusho ukuthi ukukhula kwe-EPS kuthathwa njengento enhle ngabatshalizimali abaningi abaphumelele isikhathi eside.Ngokuhlaba umxhwele, i-WP Carey ikhule i-EPS ngama-20% ngonyaka, inhlanganisela, eminyakeni emithathu edlule.Njengomthetho ojwayelekile, singasho ukuthi uma inkampani ingaqhubeka nalolo hlobo lokukhula, abaninimasheya bazomamatheka.
Ukucatshangelwa ngokucophelela kokukhula kwemali engenayo kanye nezinzuzo ngaphambi kwamamajini enzalo nentela (EBIT) kungasiza ukwazisa umbono ngokusimama kokukhula kwenzuzo kwakamuva.Akuyona yonke imali engenayo ye-WP Carey kulo nyaka eyimali engenayo evela ekusebenzeni, ngakho-ke khumbula ukuthi imali engenayo nezinombolo zemajini engizisebenzisile zingase zingabi ukumelela okuhle kwebhizinisi eliyisisekelo.Ngenkathi i-WP Carey yenza kahle ukukhulisa imali engenayo ngonyaka odlule, amamajini e-EBIT ancipha ngesikhathi esifanayo.Ngakho-ke kubonakala sengathi ikusasa libambe ukukhula kwami okunye, ikakhulukazi uma amamajini e-EBIT akwazi ukuzinza.
Eshadini elingezansi, ungabona ukuthi inkampani iyikhulise kanjani imali engenayo, kanye nemali engenayo, ngokuhamba kwesikhathi.Chofoza eshadini ukuze ubone izinombolo eziqondile.
Nakuba siphila esikhathini samanje ngazo zonke izikhathi, akungabazeki engqondweni yami ukuthi ikusasa libaluleke ngaphezu kwenkathi edlule.Ngakho-ke kungani ungahloli leli shadi elisebenzisanayo elibonisa izilinganiso ze-EPS zesikhathi esizayo, le-WP Carey?
Njengalelo phunga elisha eliba semoyeni lapho izimvula ziza, ukuthenga ngaphakathi kungenza ngibe nokulindela okuhle.Ngoba ezikhathini eziningi, ukuthengwa kwesitoko kuwuphawu lokuthi umthengi usibheka njengengabalulekile.Yebo, asisoze saqiniseka ukuthi abantu bangaphakathi bacabangani, singahlulela izenzo zabo kuphela.
Nakuba abangaphakathi be-WP Carey benza isamba -US$40.9k ngokuthengisa isitoko ngonyaka odlule, batshale u-US$403k, inani eliphakeme kakhulu.Ungase uphikise ukuthi izinga lokuthenga lisho ukuzethemba kwangempela ebhizinisini.Uma sisondeza, siyabona ukuthi ukuthengwa okukhulu kwangaphakathi kwenziwe Iphini likaSihlalo Ongelona Isikhulu Sebhodi u-Christopher Niehaus ngamasheya anenani elingu-US$254k, cishe ama-US$66.08 ngesheya ngalinye.
Izindaba ezinhle, eceleni kokuthenga kwangaphakathi, kwezinkunzi ze-WP Carey ukuthi abantu bangaphakathi (bebonke) banokutshalwa kwezimali okunengqondo esitokweni.Ngempela, banentaba ekhazimulayo yengcebo etshalwe kuyo, okwamanje enenani lama-US$148m.Lokhu kusikisela ukuthi ubuholi buzonaka kakhulu izintshisekelo zabanikazi bamasheya lapho benza izinqumo!
Nakuba abangaphakathi sebevele benenani elikhulu lamasheya, futhi bebelokhu bethenga okwengeziwe, izindaba ezinhle kubanikazi bamasheya abavamile azigcini lapho.Okuhle kakhulu ukuthi i-CEO, u-Jason Fox ukhokhelwa imali encane uma kuqhathaniswa nama-CEO ezinkampanini ezinosayizi ofanayo.Ezinkampanini ezinosonhlamvukazi bezimakethe ezingaphezu kuka-US$8.0b, njenge-WP Carey, umholo we-CEO omaphakathi ungama-US$12m.
Umphathi Omkhulu we-WP Carey uthole kuphela isinxephezelo esingu-$4.7m esiphelele sonyaka ophela ngoDisemba 2018. Lokho ngokusobala kungaphansi kwesilinganiso, ngakho uma uthi nhla, lelo lungiselelo libonakala linesandla esivulekile kubanikazi bamasheya, futhi likhomba isiko lokuhola elilinganiselwe.Amazinga omholo wama-CEO awawona amamethrikhi abaluleke kakhulu kubatshalizimali, kodwa uma inkokhelo incane, lokho kusekela ukuqondanisa okuthuthukisiwe phakathi kwe-CEO nabanikazi bamasheya abavamile.Kungaba futhi uphawu lokubusa okuhle, ngokujwayelekile.
Ngeke uphike ukuthi i-WP Carey ikhulise imali engenayo ngesheya ngalinye ngenani elimangalisayo.Kuyakhanga lokho.Akukhona lokho kuphela, kodwa siyabona ukuthi abangaphakathi bobabili banamasheya amaningi, futhi bathenga ngaphezulu, amasheya enkampanini.Ngakho-ke ngicabanga ukuthi lesi isitoko esisodwa okufanele sibukwe.Nakuba sibheke ikhwalithi yenzuzo, asikakawenzi umsebenzi wokwazisa isitoko.Ngakho-ke uma uthanda ukuthenga okushibhile, ungase ufune ukuhlola ukuthi i-WP Carey ihweba nge-P/E ephezulu noma i-P/E ephansi, ehlobene nemboni yayo.
Izindaba ezinhle ukuthi i-WP Carey akuyona ukuphela kwesitoko esinokuthengwa kwangaphakathi.Nalu uhlu lwazo... ngokuthenga kwangaphakathi ezinyangeni ezintathu ezedlule!
Sicela uqaphele ukuthi okwenziwayo kwangaphakathi okukhulunywe ngakho kulesi sihloko kubhekiselwe ekwenziweni okubikekayo endaweni efanele.
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Isikhathi sokuthumela: Jun-10-2019