Today's ASX news
Why The Synlait (ASX:SM1) Share Price Fell 4%
The Synlait Milk Ltd (ASX:SM1) share price dropped 4% today after making two ASX announcements.
May 10, 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 Synlait Milk Ltd (ASX:SM1) share price dropped 4% today after making two ASX announcements.
Blue Sky Alternatives Access Fund Ltd (ASX:BAF) could have a new investment manager soon.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch.
Could HSBC be about to acquire Suncorp Group Ltd’s (ASX:SUN) banking division?
Is the National Australia Bank Ltd (ASX:NAB) share price a buy?
Australian interests are at record lows, which makes living off term deposits or savings accounts very difficult. Could these ASX dividend shares be the answer?
REA Group Limited (ASX:REA) has reported its FY19 third quarter financial information, will the share price be affected by house prices?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 0.30% on Thursday.
Is Altium Limited (ASX:ALU) the best ASX growth share?
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