ASX Bank Shares
BOQ (ASX:BOQ) share price drops on AUSTRAC remediation
The Bank of Queensland Ltd (ASX:BOQ) share price is suffering on news that it has entered into an enforceable undertaking with AUSTRAC.
May 31, 2023
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 Bank of Queensland Ltd (ASX:BOQ) share price is suffering on news that it has entered into an enforceable undertaking with AUSTRAC.
There are some excellent exchange-traded funds (ETFs) that I’d want to own in my own portfolio. They’d be strong buys in June 2023.
The Qantas Airways Limited (ASX: QAN) share price is up 2% as investors got a look at the airline’s update.
The Smartpay Holdings Ltd (ASX:SMP) share price has jumped over 7% after the ASX payments share released a strong FY23 report.
It’s nearly the end of the Australian tax year. There could be some good opportunities to buy some leading ASX shares in June 2023.
The Fisher & Paykel Healthcare Corporation (ASX:FPH) share price has fallen 6% after revealing a big profit decline in FY23.
The Woolworths Group Ltd (ASX:WOW) share price is up following news that it has bought MilkRun, a fast-delivery business for groceries.
The Volpara Health Technologies Ltd (ASX:VHT) share price is under the spotlight after reporting a record FY23 result.
The Universal Store Holdings Ltd (ASX:UNI) share price has sunk 25% after giving a FY23 update about worsening trading conditions.
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