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Is Coles (ASX:COL) a dependable ASX share to buy right now?


Is Coles (ASX:COL) a dependable ASX share to buy right now?
Tristan Harrison | March 18, 2021 7:00am |
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Coles Group Limited (ASX: COL) make a dependable ASX share to buy right now for a portfolio?
The Coles share price sank after releasing its half-year result for FY21 – it has dropped by around 15% since 16 February 2021.
What was in the report?
It wasn’t as though Coles reported a loss for the first 27 weeks of the financial year.
Total sales revenue went up 8.1% to $20.4 million, total earnings before interest and tax (EBIT) rose 12.1% to $1 billion, net profit after tax (NPAT) rose 14.5% to $560 million and earnings per share (EPS) grew 14.5% to 42 cents. ....

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Australia's national debit operator eftpos joins Hedera Governing Council and will run Aussie Hedera network node


Australia s national debit operator eftpos joins Hedera Governing Council and will run Aussie Hedera network node
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SYDNEY, Australia and DALLAS, Jan. 27, 2021 /PRNewswire/  Australian payments company
, eftpos, which operates Australia s national debit card processing infrastructure and mobile payments app Beem It, today announced it has joined the Hedera Governing Council and will run the country s first Hedera network node this year.
Designed to be the most decentralized governance model for a public ledger, the Hedera Governing Council includes a group of highly diversified enterprises and organizations overseeing a global network of nodes that aims, among other things, to enable low cost micropayments for a range of use cases such as the Internet of Things (IOT) and access to content streamed over the internet. ....

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