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 Fortescue Metals Group (ASX:FMG) share price is up after its Fortescue Future Industries (FFI) segment announced progress has been made in the joint project with Incitec Pivot (ASX:IPL).
The Woodside Petroleum (ASX:WPL) share price is in focus as the merger with the oil business of BHP Group (ASX:BHP) is approved by the ACCC.
The Fortescue Metals Group Limited (ASX:FMG) share price is under the spotlight on the Belinga iron ore project in Gabon.
The Wesfarmers Ltd (ASX:WES) share price is in focus as it announced an update with the Australian Pharmaceutical Industries (ASX:API) bid.
The Mesoblast Limited (ASX:MSB) share price is being crunched. It’s down 16% after giving an update about its Novartis (SWX:NOVN) agreement.
The Woolworths Group Ltd (ASX:WOW) share price is one to watch as the company released a FY22 first half update with COVID costs.
The Nearmap Ltd (ASX:NEA) share price is on watch after revealing more growth in its North American annual contract value (ACV) portfolio.
The Orica Ltd (ASX:ORI) share price is in the spotlight after it announced the sale of its Minova business to Aurelius Group.
The Brickworks Limited (ASX:BKW) share price is rising after giving an update about its property progress.
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