
Q1 update: Why the Pointsbet (ASX:PBH) share price is on watch
Online bookmaker Pointsbet Holdings Ltd (ASX:PBH) has released its FY21 first quarter update today.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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.
Online bookmaker Pointsbet Holdings Ltd (ASX:PBH) has released its FY21 first quarter update today.
Boral Limited (ASX:BLD) is holding its annual general meeting (AGM). It gave a trading update and announced the sale of its 50% stake of USG Boral.
Buy now, pay later business Zip Co Ltd (ASX:Z1P) has announced the acquisition of Sydney tech company Urge. The Zip share price is slightly down.
Adairs Ltd (ASX:ADH) shares will be on watch today after releasing a strong FY21 trading update.
Westpac Banking Corp (ASX:WBC) shareholders may be disappointed today after the bank revealed a $816 million profit hit.
The Coca-Cola Amatil Ltd (ASX:CCL) share price is popping this morning after receiving a takeover offer from Coca Cola European Partners.
Qantas Airways Limited (ASX:QAN) has revealed a $100 million border hit to its earnings in Q1 FY21.
The Iluka Resources Limited (ASX: ILU) share price has plunged 45% because of a big change.
The BlueScope Steel Limited (ASX:BSL) share price has surged 11% in early trading after giving a FY21 update.
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