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There is a very select group within Spanish equities that is made up of securities that trade around or very close to 100 euros per share. They are not excessive but they do attract the attention of small and medium investors due to these special characteristics. To the extent that it can back out to open positions thinking that they are very expensive values and that it has a psychological effect on their decisions. As sure you have lived at some time in your career in the investment sector.
Within this general environment, there is no doubt that this group of Spanish national income can generate a certain fear among investors. To the point that they do not become part of the titles that are on the radar of their operations. If not, on the contrary, your actions are not even considered for the opening of any type of investment strategies. In other words, they do not exist for your interests to make your available capital profitable.
But for this purpose, it must be remembered that these values, by the mere fact of trading at levels very close to 100 euros per share, do not have to assume that they are expensive. This parameter is determined by other different variables. Dicho de otra forma, una compañía que cotiza en 103 euros no significa que be cara en ese momento, ya que tal vez sea todo lo contrario: que sea barata y represente una verdadera posibilidad de negocio. Pero eso por el mero hecho de negociar en los tres dígitos está fuera de nuestras decisiones de compra de acciones.
100 euros: are they expensive or cheap?
If Spanish equities are characterized by something, it is because they are listed with very high prices. One of the examples of this trend is represented by Acciona que esta barrera está a su scope en sus niveles de precios. Y el resultado es que es uno de los valores más recomendados por los intermediarios financieros y lo que es más importante: muestra una tendencia alcista completamente impecable a medio y largo plazo. Donde muestra un potencial de revalorización superior al de las compañías que cotizan en cifras más limitadas.
But the truth is that only one of the participants of the Ibex 35 is the one that in the end exceeds the threshold of 100 euros per share, as is the case with Aena. While in the equity markets of our environment there are more proposals of these characteristics, as in specific cases of the German Dax or the French Cac 40, which present more proposals of these characteristics even with much more striking margins than in the Spanish Stock Market. In other words, it is a trend that should be considered normal and common in international equity markets.
Vidrala about to reach it
Por otra parte, además se ha sumado otro candidato a lograr los 100 euros, como es el cotizado Vidrala. Uno de los clásicos entre los inversores más conservadores o defensivos y que forma parte del briefcase de inversión de muchas de estas persons. Siendo uno de los valores de los mercados continuos nacionales que más se ha apreciado en los últimos años, con una rentabilidad media y anual. about 5.5%. Above some of the blue chips of national equities. Even though in the case of Vidrala with significantly lower liquidity and that affects the fact of adjusting the entry and exit prices.
While on the other hand, another of the listed securities that are integrated into this special stock market group are some of the new companies that are integrated into the Alternative Securities Market (MAB). Even when they are exposed to a dilution in their prices, as has happened in some of the best known values of national equities. To the point that today they are priced at 20, 30 or 40 euros. But because this change in pricing settings has been implemented. Without major incidents in the technical aspect of these proposals of the national continuous market.
Capital dilution
An aspect to consider in some of these proposals in the national equity market is, however, the dilution of capital. In reference to this very special factor, it is important to note that in recent years the Spanish companies that exceeded this threshold have chosen to 'split' their shares, as were the cases of Inditex and, a little later, CAF. These actions have come to mislead the actions of small and medium investors. To the point that they may not know what is happening with these values and that is why they do not carry out operations in the squares of our country.
While on the other hand, it is also necessary to emphasize that this type of operations are developed to be more competitive in setting their prices. So that from this dynamic, small and medium investors can opt with greater guarantees in the purchase and sale of shares on the stock market. This is one of the main reasons why Inditex and other companies have opted for these stock market movements. With direct effect on the prices that set the prices of these securities.
Values below 100 euros
Later there is another series of values that have not yet reached levels of 100 euros. If not, on the contrary, they move in the price of 70, 80 or 90 euros and that they do it at the cost of attacking these psychological levels. In this regard, it is enough to remember that there are other securities that are in these circumstances since they are listed well beyond the barrier of 100 euros per share. After Aena, Airbus, Barón de Ley, Acciona and Vidrala, the next company on the Continuous Market with the highest price per share is Amadeo. Exactly one of the big stars of the national equity market.
On the other hand, the rest of the companies listed on the Spanish Stock Exchange remain below the threshold of 50 euros per share. At the most frequent levels for people who are dedicated to trading these financial assets. From BBVA to Endesa and through ACS or Ferrovial. A whole range of proposals to facilitate the decision of small and medium investors in the coming months. Without having to go to stocks with such high prices and that can cause what investors call altitude sickness.
Savings in commissions of these values
Fundamentally, investors who carry out many operations a year, both aimed at the short, medium or long term, can take advantage of the flat exchange rates that are beginning to sell more and more financial organizations and, which allow significant savings with respect to commissions. for operations done. Your rate is localized between 10 and 20 euros per month approximately, and for a person who carries out a total of four operations per month, for example, the savings can be about 30 euros per month on average, which also helps to make the most of the investment.
Sea cual sea el caso, la tarifa plana en bolsa posibilita al Username realizar tantas operaciones de compraventa como desee, como es el caso de las tarifas telefónicas o de Internet. Aún cuando su aplicación no está muy extendida en el sector financiero, cubre principalmente a bancos y cajas de ahorros que operate over the internet already runners, both national and international, which are the ones that offer the best conditions. They are useful, both for operating in securities that are at levels of 100 euros and in the rest of the Spanish equities.
How to deal with operations?
After having lowered equities in the last 12 months by slightly more than 3%, it is logical to think that buying possibilities may appear in the medium and long term, also in these values with apparently so high prices. But this time always through a selective offer and cautious with companies that may have a positive behavior throughout the new stock market year. Without being affected by the fact that today they are traded at one price or another. Without influences to revalue or lose valuation in the supply and demand legislation.
With growth potentials that may be in the same line as the rest of the proposals to invest in the National Stock Exchange. In other words, with ratios ranging between 5% and 20% in some cases. At these levels, there would be room for further increases up to the average valuation given by the market consensus for the shares of these listed companies. Without any type of restrictions beyond those generated from its technical and fundamental analysis. So that in the same way, investors are in perfect conditions to make their available capital profitable. And if it is feasible with a sensible improvement in your earnings.