
Steadfast (ASX:SDF) Releases FY19 Result And Launches Capital Raising
Insurance business Steadfast Group Ltd (ASX:SDF) went into a trading halt as it released its FY19 report to investors.
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.
Insurance business Steadfast Group Ltd (ASX:SDF) went into a trading halt as it released its FY19 report to investors.
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The Nearmap Ltd (ASX:NEA) share price fell 9.5% today after reporting its FY19 result.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.84% at lunch.
The Bapcor Ltd (ASX:BAP) share price is up over 5% in reaction to its FY19 result.
The Domino’s Pizza Enterprises Ltd. (ASX:DMP) share price has fallen in reaction to its FY19 report.
The Corporate Travel Management Ltd (ASX:CTD) share price could be a big mover today after reporting its FY19 result.
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