ASX Growth Shares
WEB Travel Group (ASX:WEB) share price sinks 33% on FY25 update
The WEB Travel Group Ltd (ASX:WEB) share price has plunged 33% after giving an FY25 update.
October 14, 2024
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 WEB Travel Group Ltd (ASX:WEB) share price has plunged 33% after giving an FY25 update.
The TPG Telecom Ltd (ASX:TPG) share price is in focus after the telco announced the sale of its fibre and EGW assets.
The Commonwealth Bank of Australia (ASX:CBA) share price has dropped 6% from 20 September 2024, but it still looks expensive to me.
The Guzman Y Gomez Ltd (ASX:GYG) share price is under the spotlight after releasing its FY24 first quarter update.
The Rio Tinto Ltd (ASX:RIO) share price is on watch after announcing a deal to buy Arcadium Lithium CDI (ASX:LTM).
The APA Group (ASX: APA) share price is up more than 3% after announcing an update regarding a regulator’s decision.
The DroneShield Ltd (ASX:DRO) share price has risen more than 4% after winning a new US government contract.
The GQG Partners Inc (ASX:GQG) share price is down over 1% after its funds under management (FUM) September 2024 update.
The Arcadium Lithium CDI (ASX:LTM) share price is up 44% after receiving some takeover interest from Rio Tinto Ltd (ASX:RIO).
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