Today's ASX news
Why The Prospa (ASX:PGL) Share Price Is Down 27%
The Prospa (ASX:PGL) share price is down 27% after giving investors a market update.
November 18, 2019
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 Prospa (ASX:PGL) share price is down 27% after giving investors a market update.
Appen (ASX:APX) has issued an upgrade to its FY19 earnings expectations, will the share price rise in response?
The Freedom Foods (ASX:FNP) share price is down after holding its annual general meeting (AGM) and announcing an acquisition.
Bellamy’s (ASX:BAL) has received regulatory approval for the takeover, with some caveats.
The Nearmap (ASX:NEA) share price jumped 14% after giving an update at its annual general meeting (AGM).
The AP Eagers (ASX:APE) share price is down 4% in early trading in reaction to a trading update.
Resources giant BHP (ASX:BHP) has chosen who its new CEO will be, how will the share price respond?
G8 Education (ASX:GEM) has provided a trading update this morning whilst also announcing the sale of some centres.
The Bingo Industries (ASX:BIN) share price is up 9% this morning after giving a FY20 market update.
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