May was an amazing month for the Commonwealth Bank of Australia (ASX: CBA) share price, which surged 12% over the month, managing to breach $100 for the first time. What’s happening to the CBA share price? CBA has been a strong performer since the worst of the COVID-19 crash. The bank’s loan book has held up well,…
Shares in buy-now-pay-later (BNPL) Zip Co Ltd (ASX: Z1P) have been trading relatively flat despite recently providing the market with further details on its European and Middle Eastern expansion plan. Zip’s shares are up just short of 100% over the past 12 months, but still down 51% from their lofty highs reached earlier this year. Z1P share price Expansion…
Shares in ex-market darling Kogan.com Ltd (ASX: KGN) have fallen another 14% today after downgrading guidance citing warehousing and inventory complications. Today’s share price of $8.70 is another 52-week low for the company, which now means its market valuation has tumbled by more than 65% since its high in October last year. KGN share price To put…
Shares in software company Nuix Ltd (ASX: NXL) have slumped further today along with the broader information technology sector. Nuix listed on the ASX last year at an offer price of $5.31 but rallied to highs of over $11 within the first month of trading. Now, at $3.37 per share, Nuix’s market valuation has tumbled more than…
Lesson #1. Gold does well in crises, acting like portfolio insurance Every investor wants an asset that offers downside protection, or insurance of a sort. And preferably one that is not suspiciously complicated or synthetic. Perhaps the major lesson from the coronavirus is that gold can provide this type of insurance, as the yellow metal…
The Nuix Ltd (ASX: NXL) share price went up around 7.5% today. It’s rebounding strongly. What’s happening? Nuix is seeing a recovery after the heavy selloff earlier in the week. It’s still down 11% from the end of last week. But now it isn’t down as much. A few days ago Nuix lowered its guidance for revenue…
Smartpay: A push on digital payments Executive Summary: Despite the potential risks, Smartpay appears to be executing well on its Australian expansion evidenced by its continued growth in active terminals and acquiring revenue. I think this upwards trajectory is likely to remain as small businesses continue to seek a lower cost EFTPOS solution with enhanced…
Buy: Macquarie Telecom (ASX:MAQ) $49.41 Macquarie Telecom owns and operates a 43MW data centre (DC) complex located 15 minutes north of Sydney’s CBD, as well as offering customers cloud and telecommunication services. We think the risk-reward equation for investors at the current share price is attractive, with the expansion of the DC complex set to…
I have a bullish outlook for the Kogan.com Ltd (ASX: KGN) share price for the long-term and I’m going to tell you why in this article. Kogan.com is one of the biggest online retailers on the ASX. It reported $638.2 million of gross sales in the first half of FY21, which is quite a lot considering it’s all…
Could Kogan.com Ltd (ASX: KGN) be classified as a really good ASX dividend share? The most obvious answer is the dividend yield. Using the last two dividend announcements, Kogan has a fully franked dividend yield of 2.1%, or 3% including the franking credits. In the February reporting season, Kogan’s board decided to increase the dividend by 113.3% to $0.16…
