Today's ASX news
How Splitit (ASX:SPT) Plans To Accelerate Growth
Payments business Splitit Ltd (ASX:SPT) might excite investors again with a plan to accelerate growth.
May 17, 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.
Payments business Splitit Ltd (ASX:SPT) might excite investors again with a plan to accelerate growth.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.83% at lunch.
With the RBA expected to decrease the Australian interest rate because of Australia’s rising unemployment rate, it could be a good time to find ASX dividend shares.
The Citadel Group Ltd (ASX:CGL) share price has crashed 35% in early trade after giving a trading update.
The Telstra Corporation Ltd (ASX:TLS) share price seems to have turned a corner this year.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.89% on Thursday.
The Australian Bureau of Statistics (ABS) released its monthly employment statistics today.
The Xero Limited (ASX:XRO) share price is the best performer in the ASX 200, it’s going nuts.
Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) has just revealed it has invested US$860 million in Amazon.Com Inc (NASDAQ:AMZN) shares.
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