Shares in online bookmaker PointsBet Holdings Limited (ASX: PBH) finished Friday nearly 20 per cent lower after its Q1 FY22 results failed to impress some investors. Since reaching over $17 per share at the start of the year, Pointsbet’s market valuation has more than halved. For a full breakdown of the results, check out Lachlan Buur-Jensen’s article…
The travel sector was the star performer of the ASX today. Shares in travel retailer Flight Centre Travel Group Limited (ASX: FLT) led the charge, finishing nearly 10% higher by the end of the day. Modest gains were also seen by Webjet Limited (ASX: WEB), up 2.9% and Corporate Travel Management Limited (ASX: CTD), up 3.3%. Is now the time to…
Shares in online retailer Temple & Webster Group Ltd (ASX: TPW) reached an all-time high of $15 yesterday, just two days after the company released an FY22 trading update. TPW share price For a full breakdown of TPW’s recent update, click here to read my colleague, Jaz Harrison’s article: Temple & Webster (ASX:TPW) share price surges on strong FY22…
Shares in telecommunications giant Telstra Corporation Ltd (ASX: TLS) have long been a quintessential member of a large-cap ASX share portfolio. However, they also have a long history of destroying shareholder value – Telstra shares started trading hands on the ASX in 1997 at around $2.60 each. In other words, a 44% capital gain based on the…
Buy-now-pay-later (BNPL) Zip Co Ltd (ASX: Z1P) shares have been the most traded on the ASX in recent weeks (again) according to Commsec data. After reaching highs of close to $15, the current Zip share price represents a discount of nearly 50 per cent. Could now be a good time to pick some Zip shares? Why optionality…
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…
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…
