ASX share Ideas
FY19 Result – Time To Go Bargain Shopping For Harvey Norman (ASX:HVN) Shares?
Harvey Norman Holdings Limited (ASX:HVN) shares fell over 6% on Friday after it reported its FY19 result.
August 31, 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.
Harvey Norman Holdings Limited (ASX:HVN) shares fell over 6% on Friday after it reported its FY19 result.
Bubs Australia Ltd (ASX:BUB) has reported its FY19 result, is the share price a buy?
The Splitit Ltd (ASX:SPT) share price has gone up 30% so far in reaction to the release of the FY19 report.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.14% at lunch.
Macquarie Group Ltd (ASX:MQG) has raised at least $1 billion (with more planned) to fund some investment opportunities.
The Freedom Foods Group Ltd (ASX:FNP) share price is up around 20% after it reported its FY19 result.
Sezzle Inc. (ASX:SZL) has reported its half year result to 30 June 2019, sending its share price higher by 7% in early trade.
Galaxy Resources Limited (ASX:GXY) has reported its result for the six months ended 30 June 2019.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.27% on Thursday.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.