ASX Growth Shares
Altium (ASX:ALU) share price in focus on strong FY22 result
The Altium Limited (ASX:ALU) share price is under the spotlight after the electronics software business announced its FY22 report.
August 22, 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 Altium Limited (ASX:ALU) share price is under the spotlight after the electronics software business announced its FY22 report.
The Adairs Ltd (ASX:ADH) share price is down around 5% after the homewares retailer announced its FY22 result and gave FY23 guidance.
The EML Payments Ltd (ASX:EML) share price has jumped more than 12% after the company announced its FY22 result.
The Fortescue Metals Group Limited (ASX:FMG) share price is down 1% after the iron ore miner’s African news about the Gabon project.
The TPG Telecom Ltd (ASX:TPG) share price just dropped 11% after it released its FY22 half-year result which showed dividend growth.
The Cochlear Limited (ASX:COH) share price is under the spotlight as the hearing device business announced its FY22 result.
I think that reporting reason can be a catalyst to go hunting for ASX shares. August is a good month to go looking for opportunities.
The Transurban Group (ASX:TCL) share price is suffering today. It’s down 4% after reporting its FY22 result.
The Pro Medicus Ltd (ASX:PME) share price is down after the company reported strong growth in FY22 and a good outlook for FY23.
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