Reporting Season 2026
Myer (ASX:MYR) share price sinks despite HY21 76% profit growth
The Myer Holdings Ltd (ASX:MYR) share price is down 10% after reporting its HY21 result, which included profit growth.
March 4, 2021
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 Myer Holdings Ltd (ASX:MYR) share price is down 10% after reporting its HY21 result, which included profit growth.
The Ioupay Ltd (ASX:IOU) share price has fallen by around 15% since 1 March 2021, what’s going on?
The A2 Milk Company Ltd (ASX:A2M) share price will be on watch after a profit downgrade from Synlait Milk Ltd (ASX: SM1).
The Xero Limited (ASX:XRO) share price will be on watch this morning after it announced another bolt-on acquisition that seems like a smart move.
The Woolworths Group Ltd (ASX:WOW) share price is on watch today after it was reported that private equity was having a look at Endeavour Drinks.
The Qantas Airways Limited (ASX:QAN) share price rose by almost 3% today as investors learned of potential more job cuts at the airline.
The Rio Tinto Limited (ASX:RIO) share price is up around 2%, after news that that Chair Simon Thompson is going to step down.
Is the Afterpay Ltd (ASX:APT) share price a big opportunity after falling by almost a quarter in just three weeks?
The Challenger Ltd (ASX:CGF) share price will be on watch this morning on talk that it is looking at buying one of the AMP Limited (ASX:AMP) businesses.
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