CNB punished ČEZ: He withheld inside information that could have influenced the price of its shares. A wild bet on the renaissance of Chinese shares: The cheapest market in the world also attracted Czech investors. A shareholder left Saunia during a difficult time: He was in charge of the company’s expansion, he made the decision already during covid.
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🔓 CNB punished ČEZ. He sent inside information that could have affected the price of his shares
Semi-state CEZ delayed for almost a week the publication of information that had the potential to significantly affect its price on the stock exchange. Last November, the energy company was fined a million by the Czech National Bank for the offense of the year before last. Surprisingly, no one knows about the verdict, to which CEZ responded with a lawsuit. It remained hidden among the many documents that the CNB publishes on its website.
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🔓 Wild bet on Chinese stock renaissance. The cheapest market in the world also attracted Czech investors
Converted by forty-four trillion crowns for the past year, investors came to one of the most important Chinese stock exchanges in Shenzhen. That’s how much the market value of Chinese companies traded on this stock exchange has collapsed over the past twelve months. The amount with which the Czech state budget could survive for more than two decades corresponds to almost a quarter of the drop in the local market from January 2023. And this dramatic drop is not just an exceptional story of last year, it has been going on for the third year. At the same time, the Chinese stock market went the opposite way to the rest of the planet. The MSCI world stock index mapping the development of global markets, on the other hand, yielded over sixteen percent to investors. The twilight of the Chinese economy in recent years was confirmed this week by the definitive fall of the development company Evergrande.
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🔓 A shareholder left Saunia in difficult times. He was in charge of the expansion of the company, he made the decision already during covid
At the beginning of this year, the quartet of shareholders of the Saunia chain, which is also a significant issuer of bonds on the domestic market, narrowed down to three. Jan Holeček, who was not only at the birth of Saunia, but also collaborated with the current partners in the past, for example, in the Invia holiday portal, left the company. In addition to co-ownership, Holeček was responsible for the development of the branch network in Saunia, i.e. practically for the growth rate of the sauna business. His twelve percent share was bought out by the other partners. Holeček had been planning to leave the company for a long time, now he is actually leaving the company in a situation where Saunia is planning to enter the Austrian market and at the same time is fighting for its profitability.
The guest of e15 Cast was the national anti-drug coordinator Jindřich Vobořil
The guest of e15 Cast was the national anti-drug coordinator Jindřich Vobořil • e15
A selection of other e15 articles:
Retirement insurance can easily become an adrenaline sport. Beware of fatal traps
Quasi-funds managing over hundreds of millions of crowns, which are not controlled by anyone and can thus experience a historic boom. Bonds worth tens of millions of crowns, the existence of which the regulator has no idea about, and the wider public often does not even know about their eventual non-payment. These are just some of the pitfalls of the Czech investment world that mostly threaten small, less informed investors. Those on dubious investment schemes have lost billions of crowns in recent years. At the same time, the rise of investor traps was greatly helped by the relatively long era of high Czech inflation. The mantra of the self-proclaimed asset managers and bond issuers was, and still is, insurance against rising prices and security for old age. However, the promise of high valuation often remains unfulfilled in practice. Which investment instruments should you avoid when looking for resources for a peaceful and happy retirement?
SPECIAL: How to insure yourself for old age?
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Wall Street is synonymous with old age insurance. In 30 years, it has given new retirees a thousand percent
It is January 15th, 1994, and an American, let’s call him John, is asking himself a fundamental and at the same time tricky question on the day of his thirties: How to secure for retirement? John has no idea that he will have to contend with nearly 107 percent inflation over the next thirty years. On average, after 1994, prices in America rose by exactly 2.45 percent every year. In other words: in order for his $1,000 to be able to treat himself to the same full cart at the supermarket thirty years from now as he did then, and thus maintain his standard of living, his retirement investment had to earn him at least 2.45 percent per year. Anything above that percentage could then be seen by John as a bonus, a reflection of his long-ago successful decision to be better off in retirement than during his productive life.
The incomplete Dip attracted thousands of savers at the start. He asks them for holy patience
A significant evolutionary step on the way to old-age security and a suitable complement to the existing system of pension funds and long-term retirement investments along its own axis. But also a concept that in some respects remained half way in fulfilling its former ambitions. Such is the essence of this year’s innovation in retirement savings tools called the pension investment product, whose fate will probably remain the role of second fiddle. However, the new direction of how to value money with partial state support was able to win thousands of clients at its start.
2024-02-03 04:30:00
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