Editor's picks
Downer (ASX:DOW) share price plunges on ‘accounting irregularities’
The Downer EDI Ltd (ASX:DOW) share price has sunk more than 20% after announcing misreporting in its accounts.
December 8, 2022
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Downer EDI Ltd (ASX:DOW) share price has sunk more than 20% after announcing misreporting in its accounts.
The GQG Partners Inc (ASX:GQG) share price is currently up close to 2% after the fund manager announced its November FUM update.
The Santos Ltd (ASX:STO) share price is in the red even though the ASX oil and gas share just revealed a major upgrade to its payouts.
The Reserve Bank of Australia (RBA) has hiked the interest rate by another 0.25%, sending the S&P/ASX 200 Index (ASX: XJO) downwards.
The Magellan Financial Group Ltd (ASX: MFG) share price fell again, dropping 3% as the fund manager just revealed more pain.
The Metcash Limited (ASX:MTS) share price is in focus after delivering more earnings and dividend growth in its FY23 first half.
The Premier Investments Limited (ASX:PMV) share price looks very attractive after its FY23 first half update.
The Rio Tinto Limited (ASX:RIO) share price is in focus after the miner told the market about some of its progress on its long-term strategy.
The Temple & Webster Group Ltd (ASX:TPW) share price has jumped after the online retailer revealed a trading update at its AGM.
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