Today's ASX news
ALL ORDINARIES Index Up, Wesfarmers (WES) Shares Higher
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.09% at lunch.
August 15, 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.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.09% at lunch.
Fairfax Media Limited (ASX:FXJ), a media conglomerate, released its 2018 financial results to the market today revealing a 3.5% fall in revenue which has seen the share price fall 3.3%.
SEEK Limited (ASX:SEK), the owner of seek.com.au, released its 2018 financial results to the market today revealing an 11.5% increase in revenue.
Computershare Limited (ASX:CPU), the share registry business, released its 2018 financial results to the market today revealing a 6.3% increase in revenue.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.68% at lunch.
The share price of Domino’s Pizza Enterprises Ltd (ASX:DMP) is down 12% after releasing its 2018 financial results to the market today, revealing a 18.1% increase of net profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.36% at lunch.
Capilano Honey Ltd (ASX: CZZ) has reported its FY18 financial result and also revealed that it has received a takeover offer for $20.06 per share.
Wesfarmers Ltd (ASX: WES) has announced that it is selling Kmart Tyre And Auto for $350 million to Continental AG.
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