ASX share Ideas
Here’s Why ResMed (ASX:RMD) Shares Are Down 12% On Q2 Results
The ResMed Inc (ASX:RMD) share price is down nearly 11% after announcing its result for the second quarter of FY19.
January 25, 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 ResMed Inc (ASX:RMD) share price is down nearly 11% after announcing its result for the second quarter of FY19.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.40% at lunch.
AMP Limited (ASX:AMP) has just announced a large dividend cut in its pre-report update, is it a buy?
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.13% on Thursday.
Greencross Limited (ASX:GXL) announced that it will pay a special dividend if the takeover by TPG Asia is approved.
National Australia Bank Ltd (ASX:NAB) has just announced it’s going to increase the interest rate on home loans for owner occupiers and investors.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.17% at lunch.
The Challenger Ltd (ASX:CGF) share price is down another 3.4% this morning after the 17% fall yesterday due to a profit warnings.
Coles Group Limited (ASX:COL) has announced it has executed definitive contracts for two new automated distribution centres.
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