ASX share Ideas
What You Should Know About CBA’s (ASX:CBA) Plan To Fix Advice Issues
Commonwealth Bank of Australia (ASX: CBA) has revealed a plan this morning to fix its financial advice issues.
October 9, 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.
Commonwealth Bank of Australia (ASX: CBA) has revealed a plan this morning to fix its financial advice issues.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.86% at lunch.
The Myob Group Ltd (ASX:MYO) share price rose 19% on Monday morning after it received a takeover offer from private equity company KKR & Co L.P.
Australia and New Zealand Banking Group (ASX:ANZ) has outlined $374 million of costs due to the Royal Commission.
This afternoon Wesfarmers Ltd (ASX: WES) announced that Coles plans to invest in automation and that a vote is necessary before Coles can be de-merged.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.16% at lunch.
Beach Energy Ltd (ASX:BPT) is selling 40% of its Victorian Otway stake for $344 million to OGOG (Otway) Pty Ltd and consequently reduced its FY19 guidance.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.60% at lunch.
Bank of Queensland Limited (ASX:BOQ) has reported its annual result ended 31 August 2018.
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