Today's ASX news
Greencross Limited (GXL) Barks Up As Profit Slides
Greencross Limited (ASX:GXL) released its 2018 financial results to the market today revealing a 7% increase in revenue.
August 20, 2018
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.
Greencross Limited (ASX:GXL) released its 2018 financial results to the market today revealing a 7% increase in revenue.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.29% at lunch.
Kogan.Com Ltd (ASX:KGN) released its 2018 financial results to the market today revealing an 110% increase in net profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.33% at lunch on worries surrounding the fallout between the US and Turkey.
Sonic Healthcare Limited (ASX:SHL) released its 2018 financial results to the market today revealing an 11.2% increase in net profit.
InvoCare Limited (ASX:IVC) released its 2018 half year financial results to the market today revealing a 0.4% increase in operating revenue.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.09% at lunch.
Fairfax Media Limited (ASX:FXJ), a media conglomerate, released its 2018 financial results to the market today revealing a 3.5% fall in revenue which has seen the share price fall 3.3%.
SEEK Limited (ASX:SEK), the owner of seek.com.au, released its 2018 financial results to the market today revealing an 11.5% increase in revenue.
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