‘The ASX will move its equity markets settlement and clearing system onto blockchain-inspired technology'. So there you have it. Blockchain technology is real. It’s not a mirage. It’s not a fad, as so many have suggested. It’s simply a better technology, which is going to replace the old ways of doing things.
With a market cap of over $5 billion, A2M is one of the largest listed infant formula and milk companies. Could smaller competitor Wattle Health Australia Ltd [ASX:WHA] experience the same success?
A global agreement with Amazon is a huge deal. However, there’s a whole lot we don’t know about the agreement. For one, we don’t know the amount Amazon will pay for GetSwift’s services. There’s a lot of uncertainty surrounding the deal.
Economic forecasters are a brave brunch. Like the weathermen, they are damned if they do and damned if they don’t. The economists can see it clear as day. But like the storms over the weekend, predicting exactly where and when the problems will surface is the tricky part. And at the same time, despite this, pretty much every market segment is booming. How can that be?
It’s the debacle that keeps on giving. It’s perfect symbolism for an inept, wasteful and completely incompetent Australian political system. Because access charges for the NBN are higher than what the consumer is prepared to pay, providers are taking shortcuts and trying to protect their margins by providing a poorer service.
The White Paper argues that free trade is crucial to Australia’s success. We are an export nation. That won’t change. But economic protectionism is on the rise in Europe and the US. How can we rely on trade, if our trade partners are withdrawing?
Automotive retailer Automotive Holdings Group Ltd [ASX:AHG] jumped almost 7% to $3.69 per share in trade today. What caused the share price spike?
Shares of A2 Milk Company Limited NZ [ASX:A2M] are up 5.03% today, and are trading over 10% higher since last Monday. At time of writing, shares are trading at $7.835.
Looking through stocks that hit 52-week lows yesterday, Domain Holdings Australia [ASX:DHG] stood out like a sore thumb. That’s the same Domain group that spun off from Fairfax Media.
The golden rule of wealth creation is to generate a higher return on equity and assets than it costs to fund those assets. Because these two companies generate high returns on equity and capital, they generate significant cash. It allows them to pay a dividend, invest in growth, and pay down debt quickly if they need to, or buy back shares.