ASX Growth Shares
FY20 result: Premier (ASX:PMV) reports 29% profit growth
Retail business Premier Investments Limited (ASX:PMV) has reported its FY20 result showing strong profit growth.
September 25, 2020
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.
Retail business Premier Investments Limited (ASX:PMV) has reported its FY20 result showing strong profit growth.
The Afterpay Ltd (ASX:APT) share price is down 6% at the time of writing after announcing the departure of its CFO.
It was announced today that BHP Group Ltd (ASX:BHP) has entered into an agreement for a 4,500km2 area of the Northern Territory.
Brickworks Limited (ASX: BKW) shares are down after reporting its FY20 result showing a big drop in underlying profit.
Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) has reported its FY20 result and increased the dividend.
Investors have learned that Westpac Banking Corp (ASX:WBC) has received a $1.3 billion fine from AUSTRAC. Will the Westpac share price fall?
Costa Group Holdings Ltd (ASX:CGC) shares are up almost 4% after the horticultural business announced an acquisition.
Nufarm Limited (ASX:NUF) has reported its FY20 result this morning. It reported a $456 million loss.
Sezzle Inc (ASX:SZL) has announced that it’s going to partner with Ally Lending. The Sezzle share price will be on watch this morning.
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