Today's ASX news
Is the Webjet (WEB) share capital raising stinking cheap?
Webjet (ASX:WEB) is doing a capital raising, is it dirt cheap?
April 2, 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.
Webjet (ASX:WEB) is doing a capital raising, is it dirt cheap?
The major ASX banks of CBA (ASX:CBA), ANZ (ASX:ANZ), NAB (ASX:NAB) and Westpac (ASX:WBC) are seeing their share prices crumbling today.
The Citadel (ASX:CGL) share price has risen 41% this week. It’s going like a rocket.
The S&P/ASX 200 (ASX:XJO) has gone nuts in recent days. It’s up another 3.3% right now.
The EML Payments (ASX:EML) share price has rocketed 58% higher today. That makes it a 120% gain in a week!
The Coles (ASX:COL) share price is down 6.7% today, is it time to dump your Coles shares?
Investors focused on dividends may be having a look at BHP (ASX:BHP). Is BHP the best dividend stock?
Is the CSL (ASX: CSL) share price worth just $200? It’s what some analysts seem to think.
Magellan Financial Group (ASX:MFG) has seen its fair share of pressure on the share price. I think there are at least two reasons to keep holding Magellan.
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