Today's ASX news
SEEK (ASX:SEK) Gives FY20 Update, Share Price Up
The SEEK (ASX:SEK) share price is up after providing an update at its annual general meeting (AGM).
November 26, 2019
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 SEEK (ASX:SEK) share price is up after providing an update at its annual general meeting (AGM).
Bank of Queensland (ASX:BOQ) has announced it has successfully completed the institutional portion of its capital raising.
Big bank Westpac (ASX:WBC) has announced the latest news arising from the AUSTRAC scandal.
The Caltex (ASX:CTX) share price is up 5.5% after announcing plans for a property IPO.
Afterpay Touch (ASX:APT) has announced that its final audit report has been received and given to AUSTRAC, which is causing the share price to go nuts. The Afterpay share price is up 7.5% in early trading.
Westpac (ASX:WBC) has announced how it plans to respond to the issues raised by AUSTRAC in the statement of claim.
The Gentrack (ASX:GTK) share price is down around 15% after providing an update about its FY19 expectations.
The Qantas Airways (ASX:QAN) share price will be on watch today after the ACCC made an announcement about a potential partnership between the airline and BP.
Noni B (ASX:NBL) announced an acquisition and market update at its annual general meeting (AGM) yesterday.
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