ASX Share Ideas
TPG Telecom Ltd (ASX:TPM) Shares Fall 18% On ACCC Concerns
The TPG Telecom Ltd (ASX: TPM) share price has fallen 15% due to the ACCC, it said it was concerned about the planned Vodafone merger.
December 13, 2018
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 TPG Telecom Ltd (ASX: TPM) share price has fallen 15% due to the ACCC, it said it was concerned about the planned Vodafone merger.
Here are the stories from the S&P/ASX 200 (INDEXASX: XJO)(^AXJO) and Australian finance circles today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.35% at lunch.
Sonic Healthcare Limited (ASX:SHL) has announced it is acquiring Aurora Diagnostics for $750 million.
The Commonwealth Bank of Australia (ASX:CBA) share price could be hit today after announcing additional Royal Commission costs.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.53% at lunch.
QBE Insurance Group Ltd (ASX:QBE) shareholders will be hoping a new round of cost-cutting can resurrect its share price.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.69% at lunch.
Pro Medicus Limited (ASX:PME) has announced that it has won a $3 million contract extension with a German Government Hospital network.
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.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.