Online property service provider REA Group Ltd [ASX:REA] released their much-anticipated FY19 results today. These results were less than what analysts predicted. REA shares are still a decent way away from that target at time of writing, sitting at $96.07 apiece.
As we head into the last week of the Australian federal election, it seems the ASX is following the lead of many Australians who are waiting to see how it all turns out.
Domain Holdings Australia Ltd [ASX:DHG] has surged upward 21.77%, with the release of their half year results this morning. Despite a difficult few months in the real estate market, it comes as a positive sign for the company.
REA Group Limited’s [ASX:REA] share price has taken a hit following the release of their half year results. The company speculates that cause for the decline has been due to federal and state government elections having buyers hold off pending their results.
Maybe you bought a stock and it immediately went in the opposite direction. You did the research…you understand the business…so why are you now holding a losing position?
Apple Inc [NASDAQ:AAPL]: the trillion dollar company. Did you know most of Apple’s value comes from what you can’t see?
No one wants to lose money. But surprisingly, a LOT of investors see chasing returns as more important than protecting their capital.
REA Group Ltd [ASX:REA], owner of realestate.com.au, has been a great investment for shareholders. This year alone the stock is up 23%. And over the last five years, REA is up 403%.
The REA Group Limited [ASX:REA] share price was marginally up by early afternoon trading today. Over the previous five days, the stock did worse. However, over a one month period, REA outperformed the ASX200 by 6%.