Coronavirus
Scentre (ASX:SCG) shares suffer after FY20 result preview
Scentre Group (ASX:SCG) shares are down more than 2% after revealing a preview of its upcoming FY20 half year result to the market.
August 6, 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.
Scentre Group (ASX:SCG) shares are down more than 2% after revealing a preview of its upcoming FY20 half year result to the market.
The Nick Scali Limited (ASX:NCK) share price is going nuts, it’s up 18% after the company reported its FY20 result.
The ResMed Inc (ASX:RMD) profit jumped 40% in its FY20 result due to high ventilator demand. The ResMed share price is expected to open lower.
At today’s share price, is National Australia Bank Ltd. (ASX:NAB) a buy for dividends? It used to be one of the most popular dividend shares on the ASX.
The Pointsbet (ASX:PBH) share price is up this morning after announcing another US win, the NBA team Indiana Pacers.
Virgin (ASX:VAH) has announced its plan on how to turn the business around after administration.
Telstra (ASX:TLS) has announced a $417 million asset sale of its Clayton data centre to Centuria Industrial REIT (ASX: CIP).
We’re just getting into the swing of things for with reporting season for ASX shares. There are a few things I’m looking out for.
Buy now, pay later business Afterpay (ASX:APT) announced that it has finished its capital raising. The Afterpay share price is up more than 5% this morning.
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