Today's ASX news
WiseTech Global (ASX:WTC) Share Price Drops On FY20 Guidance
The WiseTech Global (ASX:WTC) share price has fallen over 4% after the company gave FY20 guidance at its annual general meeting (AGM).
November 19, 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 WiseTech Global (ASX:WTC) share price has fallen over 4% after the company gave FY20 guidance at its annual general meeting (AGM).
Technology One (ASX:TNE) has reported its full year result to 30 September 2019.
A2 Milk (ASX:A2M) is holding its annual general meeting (AGM) and gave updated guidance for FY20.
Saracen Mineral (ASX:SAR) has announced a large acquisition to investors this morning, whilst also revealing a capital raising.
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).
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