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.
Metcash Limited (ASX:MTS) shares are down 13% after announcing Drakes Supermarkets in South Australia will not renew their contract.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.11% at lunch.
Wesfarmers Ltd (ASX:WES) has announced that it it is going to divest (sell) its Homebase business in the UK & Ireland to Hilco Capital.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.20% at lunch.
Commonwealth Bank of Australia (ASX:CBA) announced today that it is selling its 37.5% equity interest in BoComm Life Insurance to Mitsui Sumitomo Insurance for RMB 3.2 billion ($668 million).
BWX Ltd (ASX:BWX) shares have risen 40% following a takeover offer from Bain Capital priced at $6.60 cash per share.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.63% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.12% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.15% at lunch.
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