ASX Growth Shares
Treasury Wine Estates (ASX:TWE) reveals soured FY20 profit
The Treasury Wine Estates (ASX:TWE) share price could come under pressure this morning after revealing that FY20 profit is down on FY19.
July 9, 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.
The Treasury Wine Estates (ASX:TWE) share price could come under pressure this morning after revealing that FY20 profit is down on FY19.
RPMGlobal (ASX:RUL) has announced a Canadian acquisition called Revolution Mining Software. The RPMGlobal share price will on watch this morning.
Freedom Foods (ASX:FNP) has announced that its shares will be suspended until 30 October 2020.
The Northern Star (ASX:NST) share price is up more than 5% after giving a June 2020 update.
The Splitit (ASX:SPT) share price has jumped 13% this morning after it gave an update. The buy now, pay later business has unveiled more strong growth.
Afterpay (ASX:APT) has announced the developments about its capital raising that it announced yesterday as part of a business update.
Select Harvests (ASX:SHV) has released a trading update this morning, should investors go nuts for its shares?
ASX banks are going to extend payment holidays for borrowers who are still in trouble but can prove they will be good borrowers.
The Australian Ethical (ASX:AEF) share price has jumped 7% in morning trade after announcing an update about performance fees.
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