Today's ASX news
Zip Co (ASX:Z1P) Shares Drop 2%, Is This An Opportunity?
Zip Co Ltd (ASX:Z1P) shares have dropped 2.4% after returning to trade from a capital raising.
March 14, 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.
Zip Co Ltd (ASX:Z1P) shares have dropped 2.4% after returning to trade from a capital raising.
Kogan.Com Ltd (ASX:KGN) has announced the launch of Kogan Marketplace this morning, sending the share price up 8%.
Commonwealth Bank of Australia (ASX:CBA) has provided a remediation and demerger update for its wealth management and mortgage broking business.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up 0.69% on Wednesday.
I would much rather buy shares of Altium Limited (ASX:ALU) than Afterpay Touch Group Ltd (ASX:APT) at the current prices.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.35% at lunch.
One of Afterpay Touch Group Ltd’s (ASX:APT) main rivals, Zip Co Ltd (ASX:Z1P), has entered a trading halt.
GPT Group (ASX:GPT) has announced it is selling its stake of the MLC Centre, time to buy shares?
Global packaging giant Amcor Limited (ASX:AMC) has announced some further news about its Bemis acquisition.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
