We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Abrdn Asian Income Fund Limited | LSE:AAIF | London | Ordinary Share | GB00B0P6J834 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 209.00 | 208.00 | 210.00 | 211.00 | 208.00 | 210.00 | 372,207 | 16:07:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Mgmt Invt Offices, Open-end | -7.19M | -17.07M | -0.0875 | -24.00 | 409.36M |
Date | Subject | Author | Discuss |
---|---|---|---|
09/4/2024 10:35 | ??The Daily Telegraph: Abrdn has been the victim of 'corporate bullying' since changing its company name, an executive at the asset manager has claimed. | davebowler | |
06/4/2024 15:14 | I note that in the last 4 business days they have announced buy backs of 325k shares and since the start of the year 2.9m so the pace of the last 4 days had been more energetic than the ytd. | cerrito | |
18/3/2024 16:20 | Applies to our portfolio too! | davebowler | |
04/3/2024 13:05 | NAV abrdn Asian Income Fund Including Income 231.72p Still at a 12% Discount to NAV! | davebowler | |
04/3/2024 13:03 | The Board of abrdn Asian Income announced this morning a reduction in the management fee that abrdn Asian Income Fund pays to abrdn, with the change aimed at better aligning the fee with shareholders’ interests. The fee will be calculated monthly at a rate of 0.75% per annum on market capitalisation (or net assets, whichever is lower) up to £300 million, and 0.60% for amounts exceeding this threshold. This adjustment is anticipated to decrease the Company's overall ongoing charges for the financial year ending December 31, 2024, by approximately 17% compared to the previous year. Additionally, abrdn has initiated its reinvestment of management fees program by subscribing to 190,000 shares of the Company as of today's date, equivalent to approximately three months' worth of management fees. | davebowler | |
26/2/2024 13:48 | 202.00 - 204.00 (GBX) at 13:30:36 on Market (LSE) | neilyb675 | |
19/2/2024 14:58 | 201.00 - 204.00 (GBX) at 14:38:15 on Market (LSE) | neilyb675 | |
17/1/2024 12:25 | With the dividend increase and the fall in the share price today, AAIF now yields 6% | gateside | |
15/1/2024 17:36 | Would like to buy more but the uncertainty round Taiwan/China is always lurking. Used to hold Raven Russia (Once bitten) | 8w | |
15/1/2024 16:36 | Discount now about 13 % Surely Asian markets have got to have a better time soon | panshanger1 | |
15/1/2024 16:34 | That really was an excellent final dividend Yield now up to 5.7 % at 200 | panshanger1 | |
15/1/2024 10:46 | Nice divi increase | spoole5 | |
28/11/2023 13:01 | I've been adding for a while. The discount here is out of alignment with similar investment trusts. | biggest bill | |
24/11/2023 19:24 | Added a small amount today. | essentialinvestor | |
24/11/2023 16:51 | Fund managers’ report Market and portfolio review Asian markets remained weak in October, in common with global equities, as investors turned more risk averse due to a spike in bond yields, concerns about higher-for-longer interest rates and the most recent conflict in the Middle East. Sentiment on China remained cautious despite better GDP and export data, fresh policy measures including 1 trillion yuan (£112 billion) in planned government bond issuance and improving US-China dialogue with a Biden-Xi meeting now seen as possible in November. Elsewhere, the Indonesian market was among the weakest in the region as trade data fell by more than expected year-on-year, and the central bank unexpectedly raised rates by 25 basis points. Downbeat updates from Tesla, GM and Ford weighed on the Korean market because of concerns over slowing demand for electric vehicles that will also affect the supply chain. The Indian market fell by less than the wider region, and Taiwan also proved resilient as exports to all its markets rose in September, reinforcing a recovery in technology exports. In corporate news, many of our holdings reported earnings in October that were in line with our expectations despite the challenging global macroeconomic backdrop. It was good to see resilient performances across a range of different sectors. In the technology sector, both Samsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) reported better-than-expected third-quarter results. At TSMC, the company saw some stabilisation in demand which provided some confidence that the semiconductor cycle was near the bottom and 2024 should see more healthy growth generally. Samsung’s results also gave a clear signal that earnings were steadily improving. In Taiwan, the Fair Trade Commission (FTC) approved the merger of Taiwan Mobile and Taiwan Star Telecom Corp (TStar). The FTC imposed three conditions on the new merged entity, including the protection of customer rights, the improvement of service and network quality, and the promotion of fair market competition. The deal will now go to the Taiwan Stock Exchange for approval and the merger is due to be completed by the end of the year. Third-quarter figures from Singapore’s United Overseas Bank showed growth in net interest income and a good recovery in fees. Low to mid-single digit profit growth might still be achievable in 2024 and the dividend yield should hold above 6%. In the same sector, TISCO Financial Group (TISCO) beat expectations with a 5.8% rise in third-quarter net profits and said it will maintain its dividend in 2024, even if net profits fall, by increasing the dividend payout ratio. The half-yearly dividend payment was also expected to continue. Mining giant BHP reported a stronger-than-expect third quarter despite the usual scheduled maintenance in the first quarter across most assets. Copper production, iron ore shipments and nickel production were all better than expected, but coal production was much weaker. There were no major portfolio changes in October. As part of our ongoing ESG engagement, we engaged with Rio Tinto to discuss proposed changes to its remuneration policy, which are due to be tabled at the 2024 Annual General Meeting. We had questions about several aspects of the proposals, especially those related to performance measures and vesting thresholds for the long-term incentive plan, as well as the share deferral requirements for the annual bonus. We will continue our engagement in order to seek further clarification on those matters and to reiterate our views. Outlook We still see significant potential for China’s economy and market to spring back, given that much of the bad news has been priced in, while a fundamental recovery is gathering pace. The rollout of more supportive policies in a coordinated manner sends a strong signal to the market that the government is intensifying its effort to prop up the economy. The government's decision to raise the budget deficit to around 3.8% of GDP and approve a 1 trillion yuan sovereign bond issue bodes well for the economy and stock market in the months ahead. Outside of China, the rest of Asia is benefiting from global supply chain diversification. India is in the early stages of a cyclical upswing. As AI-related apps and chips start to proliferate, rising demand will boost the region’s semiconductor and consumer electronics segments. Asian valuations remain attractive versus markets like the US, along with expectations of better earnings performance in the fourth quarter and early 2024. There is also dividend support. Dividends of companies in the regional MXAPJ benchmark have been growing steadily, with Asia having the best dividend growth across major markets compared with pre-Covid levels. In addition, Asia’s 2024 dividend growth is likely to be healthy. Consensus estimates suggest that MXAPJ dividend growth is set to accelerate from a forecast 0.3% for 2023 to an expected 6.7% for 2024, led by consumer services, insurance, and staples retail. At the portfolio level, a “higher for longer” rate environment could pressure growth stocks and we have a relatively lighter positioning here. We remain focused on ensuring our conviction is appropriately reflected in our positioning. We are finding the most attractive opportunities around these structural themes: Aspiration, Building Asia, Digital Future, Going Green, Health & Wellness and Tech Enablers. We continue to favour fundamental themes, which we believe will deliver good dividends for shareholders over the long run. | davebowler | |
02/10/2023 15:04 | Latest factsheet out. | davebowler | |
11/9/2023 10:02 | 7/9 NAV abrdn Asian Income Fund Limited Undiluted Including Income 226.95p | davebowler | |
21/8/2023 09:24 | 17 Aug NAV abrdn Asian Income Fund Limited Undiluted Including Income 221.00p Ordinary | davebowler | |
17/8/2023 09:45 | Another mixed set of results | petewy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions