Financial information which societies admitted to quotation has to facilitate & also websites of interest
Societies admitted to quotation must provide several types of financial information: admission brochures, financial and economic information and punctual information about eminent facts that affect the on going of the society.
The admission brochure is obliged for all of the societies that issue debenture loans, improve their capital or demand for the first time to be admitted to quotation. This obligation does not exist for the public debt. The brochure has to contribute with information about the financial economic and legal situation of the society about the securities for whom the admission to quotation is demanded and the perspectives and future plans of the company.
The economic and financial information has to be presented every quarterly period and has to be distributed before two months after concluding the quarter, this information has to contribute with data about important financial operations done in the last quarter by the society, about its financial and economic situation and about the previsions for the present exercise. This information serves to judge a company if it has a healthy equity capital and a good capacity to produce earnings and liquidity.
The information makes precise reference about the contribution of data about relevant facts for the societies (for example, the distribution of dividends, variation in the nominal capital, issuance of debentures, participation existences, direct or indirect, in the capital of other societies).
Before acquiring shares or debt from a company, it is necessary to analyze the information. You have to verify that you are investing in companies that are evolving well and that have good perspectives for the future. For it, you have to obtain information that will permit you to judge that:
- The board of directors of the society is consistent and prepared for managing well the company. It is necessary to know about the studies, working experiences and professional backgrounds of the directors.
- The economic sector in which the company operates is a sector that has good perspectives for the growth of their sales. This is about selecting companies that operate in sectors in which important growth on the sales are foreseen and in which the levels of competition will allow the companies to be profitable
- The company´s products have a good acceptance on the market. You have to know about the products and services that the company offers to form yourself an idea about its quality and level of acceptance.
- The company counts with a good politics of investigation and of development to innovate its products and procedures in an adequate way.
- The company functions in an adequate way in what is referred to the commercialization, production, human resources, management and other important areas.
All the former information serves to give yourself an idea about the future perspectives of the company.
Also, it is important for the accounting information to be trustworthy. For it, the auditing reports must contain favorable opinions, and without any reservations about the true image of the corporate assets and of the accounting results.
When the audit reports contain regulations, or well, they issue an unfavorable opinion, you should distrust of the trustworthiness of the accounts. All this information is public and accessible for any person interested in the study service of the corresponding stock exchange market. You can also accede to great part of this information through the Internet.
The following are several recommended website addresses:
Derivative markets:
Supervising organisms:
Other websites that contain information about stock exchange and quoted companies:
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