{"id":177470,"date":"2019-11-15T18:27:52","date_gmt":"2019-11-15T18:27:52","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=177470"},"modified":"2019-11-15T18:27:52","modified_gmt":"2019-11-15T18:27:52","slug":"johan-meyer-seful-fondului-proprietatea-inscrierea-pentru-achizitia-activelor-cez-va-arunca-ipo-ul-hidroelectrica-intr-un-haos-complet","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=177470","title":{"rendered":"Johan Meyer, \u015feful Fondului Proprietatea: \u00censcrierea pentru achizi\u0163ia activelor CEZ va arunca IPO-ul Hidroelectrica \u00eentr-un haos complet"},"content":{"rendered":"<p>\n\u00censcrierea la procesul de achizi\u0163ie a activelor CEZ din Rom\u00e2nia ar arunca listarea Hidroelectrica, prognozat\u0103 pentru septembrie 2020, \u00eentr-un haos complet, a declarat vineri Johan Meyer, director general al Franklin Templeton Investments \u015fi manager de fond Fondul Proprietatea.<\/p>\n<p>\n&#8220;\u00cembarcarea la procesul de v\u00e2nzare a activelor CEZ unde se \u00eencearc\u0103 achizi\u0163ia \u015fi integrarea unui grup de active foarte diferit va arunca orice proces de listare \u00eentr-un haos complet. Investitorii nu sunt interesa\u0163i de perspective complicate. Ei vor s\u0103 \u015ftie exact ce cump\u0103r\u0103 \u015fi s\u0103 \u015ftie ce se va \u00eent\u00e2mpla, nu s\u0103 intre \u00eentr-o situa\u0163ie \u00een care exist\u0103 semne c\u0103 cump\u0103r\u0103 ceva din care nu \u015ftiu ce randament li se va returna&#8221;, a spus el.<\/p>\n<p>\nProcesul ar \u00eendep\u0103rta focusul managementului de la listare, proces care necesit\u0103 oricum mult efort, potrivit acestuia.<\/p>\n<p>\n\u00cen r\u0103spuns la \u00eentrebarea dac\u0103 intrarea pe o nou\u0103 pia\u0163\u0103, cea a distribu\u0163iei de energie, nu ar cre\u015fte valoarea companiei pe viitor, Johan Meyer a reiterat c\u0103 &#8220;portofoliul de active al CEZ este foarte diferit fa\u0163\u0103 de activele din portofoliul Hidroelectrica \u015fi genereaz\u0103 un randament foarte mic \u00een compara\u0163ie cu activele existente ale Hidroelectrica&#8221;, precum \u015fi c\u0103 combinarea activelor ar dilua valoarea Hidroelectrica care ar putea fi atins\u0103 \u00een cazul unei list\u0103ri ini\u0163iale publice a unei &#8220;companii hidroenergetice pure&#8221;.<\/p>\n<p>\n&#8220;Nu pot s\u0103 subliniez destul ce activ unic este Hidroelectrica \u00een aceast\u0103 epoc\u0103 unde se ofer\u0103 at\u00e2ta aten\u0163ie energiei regenerabile. Deci nu v\u0103d necesitatea de a complica cu active care nu genereaz\u0103 acela\u015fi randament&#8221;, adaug\u0103 Meyer.<\/p>\n<p>\nEl a precizat c\u0103 este \u00eencurajator faptul c\u0103 listarea companiei este parte \u015fi din planurile noului Guvern PNL.<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00censcrierea la procesul de achizi\u0163ie a activelor CEZ din Rom\u00e2nia ar arunca listarea Hidroelectrica, prognozat\u0103 pentru septembrie 2020, \u00eentr-un haos complet, a declarat vineri Johan Meyer, director general al Franklin Templeton Investments \u015fi manager de fond Fondul Proprietatea. &#8220;\u00cembarcarea la procesul de v\u00e2nzare a activelor CEZ unde se \u00eencearc\u0103 achizi\u0163ia \u015fi integrarea unui grup de [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7781,338,7364],"class_list":["post-177470","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-fondul-proprietatea","tag-hidroelectrica","tag-listare"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/177470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=177470"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/177470\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=177470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=177470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=177470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}