Today's ASX news
Can Pizza Crusts Save The Retail Food Group (RFG) Share Price?
Could the sale of Crust Gourmet Pizzas save the Retail Food Group Limited (ASX:RFG) share price?
January 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.
Could the sale of Crust Gourmet Pizzas save the Retail Food Group Limited (ASX:RFG) share price?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.30% at lunch.
The share prices of ANZ (ASX: ANZ) and NAB (ASX: NAB) may be rising because they could successfully convince APRA not to force them to raise $75 billion of Tier II bonds.
Commonwealth Bank of Australia (ASX:CBA) and Westpac Banking Corp (ASX:WBC) shares are both up this morning.
Wesfarmers Ltd (ASX:WES) warned waning womenswear sales at Kmart, among things, would lead to a drop of profit at its department stores.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) was flat on Friday.
Woolworths Group Ltd (ASX:WOW) and Westpac Banking Corp (ASX:WBC) are thought of as good dividend shares by investors, but which is the better buy for income?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.12% at lunch.
The Treasury Wine Estates Ltd (ASX:TWE) share price has popped 6% higher this morning after reassuring the market yesterday afternoon.
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