
Woodside (ASX:WPL) announces US$4.37 billion profit hit
Woodside Petroleum (ASX:WPL) has announced a profit hit of US$4.37 billion, largely due to impairments.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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.
Woodside Petroleum (ASX:WPL) has announced a profit hit of US$4.37 billion, largely due to impairments.
A2 Milk (ASX:A2M) may be one of the best shares on the ASX. I think there are at least three reasons to love it.
Pendal (ASX:PDL) shares are up 1% after the fund manager announced its funds under management (FUM) at 30 June 2020.
There has been a big sale of Pushpay (ASX:PPH) shares by the largest shareholder, the Huljich family. The Pushpay share price is down 7% in early trading.
Altium (ASX:ALU) has reported that its financial year 2020 (FY20) sales have gone up by 10% compared to FY19 despite the impacts of the COVID-19 pandemic.
VGI Partners (ASX:VGI) announced its June 2020 funds under management (FUM) and performance fee update.
Technology One (ASX:TNE) has seen its share price fall 5% at the time of writing after being on the end of a negative report by a shorter.
The Credit Corp (ASX:CCP) share price is up around 5% after releasing an update for FY20.
The Freelancer (ASX:FLN) share price soared 31% higher on Friday after announcing a partnership with eBay.
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