Impahla ekhethiweyo kwiNkcazo yeNgeniso

Ukuhlalutya iNkcazo yeNgeniso yeNkampani

Abanini-zimali abaninzi, abatsha nabasemagqabini, abanakwazi ukuchaza ukuba yeyiphi i-stock ekhethiweyo kunye nendlela ekubaluleka ngayo ukulinganiswa kweenkampani. Ngaloo nto sithethe, makhe sixoxe ngendima yesitokhwe esikhethiweyo kwisitatimende se ngeniso; indlela echaphazela ngayo inzuzo kunye nokulahleka okuxeliweyo kwiinkampani ezinemiba ekhethiweyo yokugcina impahla. Nangona sithintele kwisifundo sokugqibela xa ndakuzisa kwisitokisi esifanayo, isitokhethi esikhethiweyo, kunye nesitotti esitshintshileyo , isizathu sokuba sikhuphuke ngoku kukuba, ukuba uye wahamba kunye nezifundo zam ezidlulileyo ngokujonga ingeniso yangempela ingxelo evela kwingxelo yonyaka okanye ifom ye-10-K yokufakela , uza kufumana umvuzo wenani lomvuzo.

Inzuzo engenayo ibonisa inzuzo emva kokuhlawula irhafu ibhizinisi elenzelwe ixesha ngaphambi kokunciphisa izabelo ezifunekayo ezihlawulwe kwi-stock ekhethiweyo ye-stock. Ukuqonda ukucinga emva kokunciphisa imiba ekhethiweyo xa ufuna ukuba ngumtyalo-mhle.

Isizathu esingenakuthembela kwingeniso enemali ebiweyo njengoko kubonakala kule nqanaba ifana nesimo sekhefu ekhethiweyo kunye neentengo ezikhethiweyo zamasheya. Iingxowa-mali ezikhoyo rhoqo ezihlawulwa kwi -stock evamile ayifumanwanga kwingxelo yengeniso. Ngamanye amagama, ukuba inkampani yenza i-$ 10 yezigidi kwinzuzo kwaye ihlawule i-$ 9 yezigidi kwizahlulo, ingxelo yengeniso iya kubonisa i-$ 10 yezigidi, ishidi lemali eyi-$ 1 yezigidi, kunye nesitatimende sokuhamba kwemali eyi-9 million yezigidi ezahlukileyo. Iingeniso ezikhethiweyo zamasheya, ngakolunye uhlangothi, ngokubhekiselele kufana nomdla ohlawulwa ngetyala ngokubhekiselele koko bathetha ntoni kumnini wabalingana obufanayo; Imbopheleleko ephantse ukuba ihlawulwe rhoqo kwaye ayikwazi ukunqunyulwa ngaphandle kwemiphumo engathandekiyo kwimarike, ukugwetywa kwamacala, kunye nomonakalo omkhulu wodumo okwenza kube nzima nakakhulu ukuphakamisa inkunzi kwixesha elizayo.

Yingakho inkampani ezininzi zibandakanya kuzo kwingxelo yengeniso kwaye zixela enye inzuzo yemali engenayo eyaziwa ngokuthi "ingeniso engenayo echaphazelekayo", oya kufunda ngayo kamva kweli nqaku. Ukuba inkampani izuze iiligidi ezili-10 zezigidi emva kwentlawulo kwaye ihlawule i-$ 1 yezigidi kwiingxowa-mali ezikhethiweyo, imali engenayo echaphazelekayo iya kubonisa kuphela i-$ 9 yezigidi kwi-statement engenayo.

Ukuqonda Ubume beSitokisini esithandwayo

Ukuze ube ngakumbi kwaye wakhe phezu kwento endikufundisayo kwinqaku elibizwa ngokuba yi -Many Flavors of Stock ekhethiweyo kunye nendlela yokubala ixabiso le-intrinsic ye-Stock ekhethiweyo , i-stock-vanilla ekhethiweyo ngaphandle kwempahla ekhethekileyo njengelungelo lokuguqulwa kwisitoktho esifanayo (eyaziwa ngokufanelekileyo ngokwaneleyo njengempahla ekhethiweyo ) yinto yokuhlala. Ngokwenene, yenza njengomxube wesitokisi kunye nesondlo kunye nesabelo ngasinye esikhethiweyo ngokuqhelekileyo esihlawulwe isahlulelo esiqinisekileyo, esahlukileyo. Kwimeko apho iqela liye laphazamiseka okanye lithengiswa, isitokhethi esikhethiweyo siphezulu kwisakhiwo esiphezulu , emva kwabasemagunyeni kunye nabanye abatyala imali, ukufumana nayiphi na isasazo esivela kwi-windup okanye ukulungiswa kwakhona.

Ukutshintshiselwa kule mpahla ephakamileyo kunye nokukhuselwa kwesiqhelo, isitokhwe esikhethiweyo asinalungelo lokuhlanganyela kwimpumelelo yoshishino ngaphaya kwesahlulo ngaphandle kokuba luhlobo oluthile olubizwa ngokuba yintengiso ekhethiweyo. Nangona kunjalo, ukuthatha inxaxheba akuyi kufaniswa nesitokhwe esifanelekileyo kwaye kuya kubandakanya uhlobo oluthile lokubala okubangela ukuba kucebise inkokhelo yokuhlawula ngexesha lexesha lokuqhawula. Kunoko, kwishishini eliyimpumelelo, ngokungakhathaliseki ukuba izinto zihamba kakuhle, unyaka emva konyaka, uqokelela iintlawulo zakho ezikhethiweyo ngelixa abantu abanesitokisi abaqhelekileyo bafumana zizityebi.

Impahla ekhethiweyo ingaba okanye ingaba nelungelo lokuvota.

Ezinye iinkampani zinemiba ekhethiweyo yeempahla ezikhethiweyo ngokukhawuleza; isitoreji esikhethiweyo esikhethiweyo, isitokethi esithandwayo, i-stock preference, i-stock preference, i-stock preference stock, i-stock preference, kunye nesibini ekhethiweyo; amaxabiso ahlukehlukeneyo, mhlawumbi amaxabiso ahlukeneyo. Izabelo ezivela kuzo zonke ezi zifuna ukuncitshiswa kwingeniso yemali kwingxelo engenayo ngaphambi kokufika kwinzuzo engenayo echaphazelekayo kumntu oqhelekileyo. Kungenxa yokuba, phantse nakwiimeko zonke, imithetho kamasipala iyakwenqabela ukuhlawula nayiphi na isabelo kwi-stock efanayo ngaphandle kokuba isahlulo kwisitokhethi esikhethiweyo sihlawulwe. Oko kukuthi, ngokubhekiselele kumbono wesitya-mali oqhelekileyo, izabelo ezikhethiweyo zentengo zifunwa iintlawulo ezimele zenziwe ngaphambi kokuba kube lula ukuthatha enye yemali engenayo ngaphandle kweshishini kwaye ujabulele kubo, yonke into eyinyani njengobhaliso okanye irhafu.