ASX Share Ideas
NIB (ASX:NHF) share price drops after reporting FY20 result
The NIB Holdings Limited (ASX:NHF) share price has dropped more than 5% after the private health insurer released its FY20 report.
August 24, 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.
The NIB Holdings Limited (ASX:NHF) share price has dropped more than 5% after the private health insurer released its FY20 report.
Afterpay Ltd (ASX:APT) shares are up almost 5% after the buy now, pay later business said it was going to expand into Europe.
Is the Fortescue Metals Group Limited (ASX:FMG) share price a buy after reporting its FY20 result?
It has been a very interesting reporting season for plenty of ASX shares so far. Is 2021 going to see a reversal of these great profit numbers?
Westpac Banking Corp (ASX:WBC) continues to work on improving its balance sheet after announcing another asset sale.
The Redbubble (ASX:RBL) share price is up more than 2% after releasing its FY20 report. It showed strong growth.
The Suncorp Group Ltd (ASX:SUN) share price has soared 8% higher after the financials business released its FY20 report.
BWX Ltd (ASX:BWX) shares are up 2% after the natural beauty business revealed strong profit growth in its FY20 report.
A2 Milk Company Ltd (ASX:A2M) shares are up more than 2% after it announced it may make an acquisition.
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