Coronavirus
API (ASX:API) share price on watch after new govt funding
The API (ASX:API) share price will be on watch today after the company welcome increased government funding.
June 16, 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 API (ASX:API) share price will be on watch today after the company welcome increased government funding.
Viva Energy (ASX:VEA) has announced some guidance for the half year ending 30 June.
The Propel (ASX:PFP) share price is up 6% after the company gave a trading update.
Centuria (ASX:CNI) is making a takeover play, it’s looking to acquire the rest of Augusta Capital for NZ$130 million.
Healius (ASX:HLS) has announced a major asset sale this morning, it’s selling its medical centres for $500 million.
Super Retail (ASX:SUL) has announced a trading update and is also going to do a capital raising. Is it time to buy shares?
The ASX 200 (ASX:XJO) is down 3.3% right now. Added to yesterday’s decline, it’s the worst two days in many weeks.
The Zip (ASX:Z1P) share price is down 11% today despite revealing more strong growth in its May 2020 update.
The rebalancing to the ASX 200 (ASX:XJO) has been announced this morning.
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