Coronavirus
FY20 result: New Hope (ASX:NHC) announces big loss
Coal miner New Hope Corporation Limited (ASX:NHC) has announced its FY20 result which showed a big loss.
September 22, 2020
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.
Coal miner New Hope Corporation Limited (ASX:NHC) has announced its FY20 result which showed a big loss.
The Brainchip Holdings Ltd (ASX:BRN) share price is up this morning after announcing Indian growth plans.
The Openpay Group Ltd (ASX:OPY) share price is up after the buy now, pay later business released an August 2020 update.
Harvey Norman Holdings Limited (ASX:HVN) has released a trading update for the first couple of months of FY21.
Magellan Financial Group Ltd (ASX:MFG) has announced a large investment into new financial services firm Barrenjoey Capital Partners.
Are the shares of Australia and New Zealand Banking Group (ASX:ANZ) too cheap to miss? The ANZ share price is down 37% since the COVID-19 crash.
Fonterra Shareholders’ Fund (ASX:FSF) has announced strong growth in its FY20 result today.
Clover Corporation Limited (ASX:CLV) has reported its FY20 result to investors, showing more strong growth.
The City Chic Collective Ltd (ASX:CCX) share price is down around 10% in early trading after the company wasn’t successful with an attempted acquisition.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
