
Here’s Why I Think The Sydney Airport (ASX:SYD) Share Price Is Too Expensive
I think the Sydney Airport Holdings Pty Ltd (ASX:SYD) share price could be too high after it released its passenger numbers for March 2019.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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.
I think the Sydney Airport Holdings Pty Ltd (ASX:SYD) share price could be too high after it released its passenger numbers for March 2019.
The National Australia Bank Ltd (ASX:NAB) share price might take a dive today after investors learned of more Royal Commission costs.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.23% on Wednesday.
The Blackmores Limited (ASX:BKL) share price rose almost 6.5% today, it was a top performer in the ASX 200.
The Afterpay Touch Group Ltd (ASX:APT) share price declined over 5% today, making it one of the ASX 200’s worst performers.
The Helloworld Travel Ltd (ASX:HLO) share price is up 10% because the company has released a trading update for March 2019.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.37% at lunch.
The DuluxGroup Limited (ASX:DLX) share price has rocketed after the home improvement business received a takeover offer.
Is Australian Pharmaceutical Industries Ltd (ASX:API) a good dividend share after announcing its half year result?
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