ASX Growth Shares
Guzman Y Gomez (ASX:GYG) share price is up after 94% profit rise in FY24 result
The Guzman Y Gomez Ltd (ASX:GYG) share price is up 0.1% after being down as much as 8% in response to the FY24 result.
August 27, 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 Guzman Y Gomez Ltd (ASX:GYG) share price is up 0.1% after being down as much as 8% in response to the FY24 result.
The Lovisa Holdings Ltd (ASX:LOV) share price is down 15% after the retailer reported its FY24 result, which included a lot of growth.
The BHP Group Ltd (ASX:BHP) share price is on watch after the miner reported a heavy decline of profit and reduced the dividend.
The Kogan.com Ltd (ASX: KGN) share price is up around 14% after the ASX share announced its FY24 result and gave a FY25 update.
The Aussie Broadband Ltd (ASX:ABB) share price is up more than 7% in response to its FY24 report and FY25 guidance.
The Pilbara Minerals Ltd (ASX:PLS) share price is in focus after the ASX lithium share reported its FY24 result.
The Inghams Group Ltd (ASX:ING) share price has plunged 20% after the FY24 result was announced and FY25 guidance was given.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is down over 1% after the ASX bank share was punished by APRA.
The Accent Group Ltd (ASX:AX1) share price is down 10% after reporting its FY24 result and giving a FY25 trading update.
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