Today's ASX news
Writedowns: Are AGL (ASX:AGL) shares a defensive idea?
AGL Energy Limited (ASX:AGL) has just revealed a painful writedown, is it a defensive ASX share idea?
February 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.
AGL Energy Limited (ASX:AGL) has just revealed a painful writedown, is it a defensive ASX share idea?
Nick Scali Limited (ASX:NCK) has just released its FY21 half year result which showed a huge amount of growth.
The Rent.com.au Ltd (ASX:RNT) share price is shooting higher again today, it’s up 42% – what’s going on? It’s gone from a price of $0.04 to $0.18 in just a few days.
BWP Trust (ASX:BWP) has released its FY21 half-year result to the market. Is it a good ASX dividend share?
The Afterpay Ltd (ASX:APT) share price is on watch today after the release of the Woolard review about the BNPL industry in the UK.
Amcor Plc (ASX:AMC) has announced its FY21 half-year result. Amcor revealed more profit growth in the report.
The Pro Medicus Ltd (ASX:PME) share price is down despite announcing some positive news from the FDA.
Volpara Health Technologies Ltd (ASX:VHT) is in the news today after announcing an exciting acquisition called CRA Health.
Credit Corp Group Limited (ASX:CCP) shares are under the spotlight today after reporting its FY21 half year result.
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