The ASX 200 (Index: ^ AXJO) (ASX: XJO) was packed with events this week. Here are four great stories that may have been missed that affected the ASX 200 index: Xero Limited (ASX: XRO) hits the cloud accounting software business Xero reported its annual FY19 result this week. Not only has the company recorded an impressive growth in the number of subscribers, revenue and its gross margin, but above all it has reported having achieved a positive free cash flow and having achieved a net profit in the second half of its FY19. Pleasantly, the company said it is making great progress also in the UK. Property to do …
The ASX 200 (Index: ^ AXJO) (ASX: XJO) was packed with events this week. Here are four great stories you may have missed that affected the ASX 200 index:
Xero Limited (ASX: XRO) impresses
The Xero cloud accounting software business recorded its annual FY19 result this week.
Not only has the company recorded an impressive growth in the number of subscribers, revenue and its gross margin, but above all it has reported having achieved a positive free cash flow and having achieved a net profit in the second half of its FY19.
Pleasantly, the company said it is making great progress also in the UK.
Property to make a return?
The real estate market could have a boost of confidence in the short term after the Morrison government surprised the federal elections.
With the changes proposed by Labor to the negative exchange rate and the discount on capital gains will not go ahead, some buyers may be willing to pay a little more. We can some real estate companies get a little boost like Boral Limited (ASX: BLD) e Lendlease group (ASX: LLC) next week.
Some shares bounce Monday?
Even the franchise credits look secure, so a series of high-yield companies that investors may have liquidated could be on course for a recovery next week.
Typical favorites like Commonwealth Bank of Australia (ASX: CBA) e Telstra Corporation Ltd (ASX: TLS) might seem more attractive to retirees while listed investment companies (LIC) like WAM Capital Limited (ASX: WAM) could also be upgraded.
Gold Opportunities in Canada?
The share price of the ASX200 gold miner St Barbara Ltd (ASX: SBM) had collapsed by the end of the week after announcing that it was making a capital increase to finance its $ 768 million acquisition of Canada-based gold assets and TSX Atlantic Gold Corporation-listed businesses.
An ASX stock for an estimated market of $ US22 billion in marijuana
A little-known ASX company has just unlocked what some experts believe may be the key to profiting from the coming marijuana boom.
And make no mistakes, it's coming. For an estimated amount of $ US22 billion.
The legalization of cannabis is spreading throughout North America and full legalization has arrived in Canada in October 2018.
Here's the best part: we think there is an ASX stock that is in a unique position to take a huge advantage of this new explosive industry … bringing with it experienced investors for what could be a real spin.
And, this is the first time that The Motley Fool Australia has NEVER put a recommendation for buying a marijuana stock.
Just click below to learn more about how to profit from the coming cannabis boom.
Click here to find out more
Tristan Harrison has no position in any of the stocks mentioned. Motley Fool Australian mother company Motley Fool Holdings Inc. owns shares of Xero. Motley Fool Australia owns shares and recommended Telstra Limited. We Fools may not all have the same opinions, but we are all convinced that, considering a wide range of insights, we have become better investors. The Motley Fool has a disclosure policy. This article contains only general investment recommendations (with AFSL 400691). Authorized by Scott Phillips.
. (tagsToTranslate) xero limited (t) asx: xro (t) xero price of the stock (t) xero price of the stock (t) xro price of the stock (t) xero dividend (t) lendlease group (t) asx: llc (t ) lendlease share price (t) share price lendlease (t) share price llc (t) dividend lendlease (t) boral limited (t) asx: bld (t) price of boral shares (t) price of boral shares ( t) bld share price (t) dividend (t) telstra corporation ltd (t) asx: tls (t) telstra price action (t) telstra price action (t) tls price action (t) telstra dividend (t) commonwealth bank of australia (t) asx: cba (t) cba price (t) cba share price (t) cba dividend (t) wam capital limited (t) asx: wam (t) wam capital share price (t) wam capital stock price ( t) wam listing shares (t) wam capital dividend (t) st barbara ltd (t) asx: sbm (t) st barbara price action (t) st barbara price action (t) sbm stock price (t) st barbara dividend ( t) s & p / asx 200 (t) index: ^ axjo (t) indexasx: xj or (t) asx: xjo (t) asx (t) investing (t) shares (t) sharemarket (t) blue chip (t) portfolio (t) dividend (t) shares 2019 (t) in case of purchase (t ) low yield shares (t) at low cost (t) buy (t) hold (t) sell (t) s & p / asx 200 (t) share market news