Reporting Season 2025
Spicy hot FY22 result: Collins Foods (ASX:CKF) share price jumps
The Collins Foods Ltd (ASX:CKF) share price has gone up by around 13% after reporting its FY22 result showing profit growth.
June 28, 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 Collins Foods Ltd (ASX:CKF) share price has gone up by around 13% after reporting its FY22 result showing profit growth.
The Metcash Limited (ASX:MTS) share price is in focus today after the wholesale distributor and hardware ASX share announced its FY22 result.
We’re nearly at the end of the 2022 financial year. I think there are some really good investment lessons to take from the last 12 months.
The BHP Group Ltd (ASX:BHP) share price has fallen by 14% over the past month. I think that it’s getting close to becoming a buy.
If I were investing $10,000 into ASX shares then I’d be happy because there are a bunch of opportunities right now.
The Bubs Australia Ltd (ASX:BUB) share price has shot higher recently thanks to progress in the US. Revenue is now even better than expected.
The ASX share market is up today, after gains on the US share market. That comes after the US interest rate increased another 0.75%.
I’m putting money to work after all of the ASX share market difficulties in recent months. For me, lower prices is better investing.
There is a lot of pain on the stock market for ASX growth shares at the moment. But I believe this could be a good long-term opportunity.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.