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Metcash (ASX:MTS) shares rise again after FY20 result
Metcash (ASX:MTS) shares are up another 1% today after yesterday’s announcement of the FY20 result.
June 23, 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.
Metcash (ASX:MTS) shares are up another 1% today after yesterday’s announcement of the FY20 result.
Cromwell (ASX:CMW) has gone into a trading halt as news broke of a partial takeover offer.
Woolworths (ASX:WOW) has released FY20 profit guidance for the market to think about.
Transurban (ASX:TCL) shares are down 2.5% after giving the market an update.
James Hardie (ASX:JHX) shares are up more than 5% after the construction business increased its guidance.
Australian Ethical (ASX:AEF) shares have dropped 6% after the company gave an FY20 update.
Challenger (ASX:CGF) has announced that it intends to do a capital raising, should you take part?
The Altium (ASX:ALU) share price is down 7% in early trading after giving a business update.
Sydney Airport (ASX:SYD) shares fell 2% after announcing that passenger numbers were down heavily in May 2020.
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