ASX share Ideas
Costa Group (ASX:CGC) Shares Drop 33% – Is It Time To Get Out?
The Costa Group Holdings Ltd (ASX:CGC) share price is down nearly 33% after giving a trading update and profit guidance to the market.
January 10, 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 Costa Group Holdings Ltd (ASX:CGC) share price is down nearly 33% after giving a trading update and profit guidance to the market.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently down 0.07% at lunch.
The Noni B Limited (ASX:NBL) share price is up 16% in early trade after giving the market a trading update.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose 0.41% on Wednesday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.62% at lunch.
Telstra Corporation Ltd (ASX:TLS) and Commonwealth Bank of Australia (ASX:CBA) both have a reputation as dividend payers, but which is the better dividend buy?
Platinum Asset Management Limited (ASX:PTM) just warned investors its profit may suffer in its December 2018 half year result.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose 0.97% on Tuesday.
The Bingo Industries Ltd (ASX:BIN) share price finished 5.7% higher today after offering to divest its waste processing facility in Banksmeadow.
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