ASX Share Ideas
BWX Ltd Shares Up 40% On Takeover Offer
BWX Ltd (ASX:BWX) shares have risen 40% following a takeover offer from Bain Capital priced at $6.60 cash per share.
May 22, 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.
BWX Ltd (ASX:BWX) shares have risen 40% following a takeover offer from Bain Capital priced at $6.60 cash per share.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.63% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.12% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.15% at lunch.
The ACCC is questioning whether it’s a good idea for Transurban Group (ASX:TCL) to have control of WestConnex.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.29% at lunch.
Myer Holdings Ltd (ASX:MYR) announced its its third quarter (Q3) sales update for the 13 weeks to 28 April 2018 this morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.11% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.11% at lunch.
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