{"id":80961,"date":"2026-05-10T05:46:08","date_gmt":"2026-05-10T05:46:08","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/80961\/"},"modified":"2026-05-10T05:46:08","modified_gmt":"2026-05-10T05:46:08","slug":"cash-only-na-drobne-investory-ceka-past-vedle-pasti-i-v-insolvencich","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/80961\/","title":{"rendered":"Cash Only: Na drobn\u00e9 investory \u010dek\u00e1 past vedle pasti i\u00a0v insolvenc\u00edch"},"content":{"rendered":"

\u010ctete uk\u00e1zku z\u00a0newsletteru Cash Only, ve kter\u00e9m redakto\u0159i SZ Byznys ka\u017ed\u00fd p\u00e1tek komentuj\u00ed d\u011bn\u00ed v\u00a0\u010desk\u00e9m byznysu. Pokud v\u00e1s Cash Only zaujal, p\u0159ihlaste se k\u00a0odb\u011bru<\/a> newsletteru.<\/p>\n

Krachy vydavatel\u016f dluhopis\u016f a\u00a0dal\u0161\u00edch investi\u010dn\u00edch n\u00e1stroj\u016f jsou na rekordu<\/a>. V\u00a0n\u011bkolika velk\u00fdch p\u0159\u00edpadech se aktu\u00e1ln\u011b rozhoduje o\u00a0tom, kdo bude m\u00edt vliv na pr\u016fb\u011bh insolvenc\u00ed. Tedy i\u00a0na to, kolik prost\u0159edk\u016f se dostane zp\u011bt k\u00a0drobn\u00fdm investor\u016fm, kter\u00e9 k\u00a0investic\u00edm p\u0159esv\u011bd\u010dili investi\u010dn\u00ed zprost\u0159edkovatel\u00e9.<\/p>\n

Jsou to mimo jin\u00e9 p\u0159\u00edpady skupin RSBC<\/a> a\u00a0YD Capital<\/a>, kryptom\u011bnov\u00e9 firmy Edo MR Trade<\/a> a\u00a0skupiny Twist<\/a> nab\u00edzej\u00edc\u00ed fran\u0161\u00edzy jako investi\u010dn\u00ed produkt. (Omlouv\u00e1m se za nezm\u00edn\u011bn\u00ed \u0159ady men\u0161\u00edch investi\u010dn\u00edch kauz, kter\u00e9 jsou pro investory nem\u00e9n\u011b pal\u010div\u00e9, ale jejich v\u00fd\u010det by zabral zbytek newsletteru.)<\/p>\n

V insolven\u010dn\u00edm procesu \u010dek\u00e1 zejm\u00e9na na drobn\u00e9 investory past vedle pasti, jak by \u0159ekl legend\u00e1rn\u00ed oprav\u00e1\u0159 lesn\u00edho traktoru \u201elakato\u0161e\u201c. Z\u00e1jmy investor\u016f se tam toti\u017e potk\u00e1vaj\u00ed se z\u00e1jmy dal\u0161\u00edch v\u011b\u0159itel\u016f a\u00a0na sc\u00e9n\u011b je st\u00e1le dlu\u017en\u00edk, pro n\u011bho\u017e vyhl\u00e1\u0161en\u00edm insolvence boj o\u00a0majetek nemus\u00ed zdaleka skon\u010dit. Takov\u00fd dlu\u017en\u00edk nav\u00edc \u010dasto p\u0159ednese dluhopis\u00e1\u0159\u016fm a\u00a0dal\u0161\u00edm investor\u016fm n\u00e1vrh na reorganizaci s\u00a0t\u00edm, \u017ee t\u00edmto \u0159e\u0161en\u00edm \u00fapadku dostanou na konci dne v\u00edce pen\u011bz ne\u017e z\u00a0konkurzu.<\/p>\n

Reorganizace ve srovn\u00e1n\u00ed s\u00a0konkurzem nech\u00e1v\u00e1 v\u00edce pravomoc\u00ed v\u00a0rukou st\u00e1vaj\u00edc\u00edch majitel\u016f, po\u010d\u00edt\u00e1 nav\u00edc se zachov\u00e1n\u00edm provozu firmy. Zdaleka ale neplat\u00ed, \u017ee je automaticky v\u00fdhodn\u011bj\u0161\u00ed ne\u017e konkurz.<\/p>\n

Na investory v\u00a0takov\u00e9 situaci \u010dek\u00e1 nelehk\u00fd \u00fakol. Mus\u00ed rozpoznat, zda je reorganizace v\u00e1\u017en\u011b m\u00edn\u011bn\u00fd z\u00e1m\u011br, nebo jen trik zkrachoval\u00e9ho dlu\u017en\u00edka, jak celou v\u011bc zahr\u00e1t do autu a\u00a0z\u00edskat \u010das, kdy se na konci stejn\u011b reorganizace p\u0159eklop\u00ed do konkurzu a\u00a0zkrachovalec ud\u011bl\u00e1 na v\u0161echny dlouh\u00fd nos.<\/p>\n

Do takov\u00e9to pasti m\u016f\u017ee nav\u00edc drobn\u00e9 investory p\u0159iv\u00e9st za ruku n\u011bkdo, kdo se na prvn\u00ed pohled tv\u00e1\u0159\u00ed, \u017ee je na jejich stran\u011b, ale ve skute\u010dnosti kope za z\u00e1jmy n\u011bkoho jin\u00e9ho, nap\u0159\u00edklad dlu\u017en\u00edka.<\/p>\n

Kl\u00ed\u010dov\u00e9 je zde dvoum\u011bs\u00ed\u010dn\u00ed obdob\u00ed od vyhl\u00e1\u0161en\u00ed \u00fapadku, b\u011bhem n\u011bho\u017e plyne lh\u016fta pro p\u0159ihl\u00e1\u0161en\u00ed pohled\u00e1vek. Tendence d\u00e1t se dohromady s\u00a0ostatn\u00edmi v\u011b\u0159iteli je p\u0159irozen\u00e1. Na sch\u016fzi v\u011b\u0159itel\u016f toti\u017e plat\u00ed ka\u017ed\u00e1 koruna pohled\u00e1vky za jeden hlas. V\u011bt\u0161\u00ed skupina v\u011b\u0159itel\u016f m\u00e1 tak v\u011bt\u0161\u00ed \u0161anci ovlivnit d\u011bn\u00ed, ne\u017e kdy\u017e ka\u017ed\u00fd v\u011b\u0159itel hlasuje izolovan\u011b.<\/p>\n

Jen\u017ee ne ka\u017ed\u00fd \u010dlov\u011bk nab\u00edzej\u00edc\u00ed pomoc v\u011b\u0159itel\u016fm hraje f\u00e9r hru. Zvl\u00e1\u0161t\u011b drobn\u00ed v\u011b\u0159itel\u00e9 by m\u011bli b\u00fdt obez\u0159etn\u00ed a\u00a0dob\u0159e si prov\u011b\u0159it, zda subjekt, kter\u00fd jim nab\u00edz\u00ed pomoc, nen\u00ed n\u00e1hodou jedna ruka s\u00a0dlu\u017en\u00edkem a\u00a0nesleduje jin\u00e9 z\u00e1jmy ne\u017e to, aby se k\u00a0v\u011b\u0159itel\u016fm vr\u00e1tilo co nejv\u00edce pen\u011bz.<\/p>\n

Ale zp\u011bt na za\u010d\u00e1tek. Kl\u00ed\u010dov\u00e9 pro drobn\u00e9 investory je, aby do investi\u010dn\u00edch past\u00ed v\u016fbec nevlezli. Jen\u017ee to se snadno \u0159ekne a\u00a0h\u016f\u0159 vykon\u00e1. \u0158ada sou\u010dasn\u00fdch zkrachovalc\u016f, jim\u017e sv\u011b\u0159ily pen\u00edze tis\u00edce lid\u00ed, se toti\u017e dlouho tv\u00e1\u0159ila jako seri\u00f3zn\u00ed firmy, v\u00a0\u010dem\u017e je mnohdy nekriticky za p\u0159isp\u011bn\u00ed PR agentur podporovala i\u00a0m\u00e9dia.<\/p>\n

Probl\u00e9mem pak je, \u017ee nepoctivci si mnohdy ani po krachu nedaj\u00ed pokoj a\u00a0sna\u017e\u00ed se investory obrat je\u0161t\u011b jednou. Tak\u017ee kdy\u017e u\u017e do investi\u010dn\u00ed pasti n\u011bkdo vleze, mus\u00ed m\u00edt na pam\u011bti, \u017ee v\u00a0insolven\u010dn\u00edm \u0159\u00edzen\u00ed se hraje je\u0161t\u011b druh\u00e9 d\u011bjstv\u00ed, v\u00a0n\u011bm\u017e se hraje tvrd\u00fdmi lokty.<\/p>\n

Zaj\u00edmaj\u00ed v\u00e1s akciov\u00e9 trhy, energetika nebo pl\u00e1ny \u010desk\u00fdch podnikatel\u016f? P\u0159ihlaste se k\u00a0odb\u011bru Cash Only<\/a> a\u00a0kompletn\u00ed newsletter budete ka\u017ed\u00fd p\u00e1tek dost\u00e1vat do sv\u00e9 schr\u00e1nky.<\/p>\n","protected":false},"excerpt":{"rendered":"\u010ctete uk\u00e1zku z\u00a0newsletteru Cash Only, ve kter\u00e9m redakto\u0159i SZ Byznys ka\u017ed\u00fd p\u00e1tek komentuj\u00ed d\u011bn\u00ed v\u00a0\u010desk\u00e9m byznysu. Pokud v\u00e1s…\n","protected":false},"author":2,"featured_media":80962,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[3243,3903,648,775,779,4154,12420,25731,94,93,25730,1406,12418],"class_list":{"0":"post-80961","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sport","8":"tag-cash-only","9":"tag-dluhopisy","10":"tag-dluhy","11":"tag-edo-mr-trade","12":"tag-insolvence","13":"tag-konkurz","14":"tag-reorganizace","15":"tag-rsbc","16":"tag-sport","17":"tag-sports","18":"tag-twist-firma","19":"tag-veritele","20":"tag-yd-capital"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116548703500819996","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/80961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=80961"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/80961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/80962"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=80961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=80961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=80961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}