Today's ASX news
CYBG Plc (ASX:CYB) Just Reported 13% Profit Growth
CYBG Plc (ASX:CYB) has reported its annual result for the 12 months to 30 September 2018 showing 13% growth in underlying profit.
November 21, 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.
CYBG Plc (ASX:CYB) has reported its annual result for the 12 months to 30 September 2018 showing 13% growth in underlying profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.78% at lunch.
Pro Medicus Limited (ASX:PME) has announced it has won a 7-year deal worth $27 million with Partners Healthcare in the US.
A2 Milk Company Ltd (ASX:A2M) has reported that its profit is up 64% so far in FY19 at its annual general meeting (AGM).
Medibank Private Limited (ASX:MPL) has announced that it has lost the ADF Garrison Health Services contract.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.29% at lunch.
Baby Bunting Group Ltd (ASX:BBN) has given a trading update at its Annual General Meeting (AGM) to say that sales are up 17%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.31% at lunch.
Wesfarmers Ltd (ASX:WES) shareholders have voted their approval for the demerger of Coles.
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