Today's ASX news
Webjet Limited (WEB) Share Price Rises 12% On FY18 Result
Webjet Limited (ASX:WEB) released its 2018 financial results to the market today revealing a 30% increase in net profit.
August 23, 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.
Webjet Limited (ASX:WEB) released its 2018 financial results to the market today revealing a 30% increase in net profit.
Qantas Airways Limited (ASX:QAN) released its 2018 financial results to the market today revealing a 21% increase in net profit.
Santos Ltd (ASX:STO) released its 2018 half year financial results to the market today revealing a doubling of underlying profit.
Flight Centre Travel Group Ltd (ASX:FLT) released its 2018 financial results to the market today revealing a 12% increase in net profit.
Afterpay Touch Group Ltd (ASX:APT) released its 2018 financial results to the market today revealing a 390% increase in revenue.
TPG Telecom Ltd (ASX: TPM) confirmed this morning that it has engaged with “exploratory discussions” about merging with Hutchison Telecommunications (Aus) Ltd (ASX: VHA), the operator of Vodafone Australia.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.30% at lunch.
Sydney Airport Holdings Pty Ltd (ASX:SYD) released its 2018 half year to the market today revealing a 7.9% increase in revenue.
Bapcor Ltd (ASX:BAP) released its 2018 financial results to the market today revealing a 48% increase in net profit.
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