Abrdn Asian Income Share Discussion Threads

[davebowler] 28/6/2019 13:49

27 Jun NAV Aberdeen Asian Income Fund with Debt at Fair Value Including Income 238.38p

[essentialinvestor] 08/5/2019 16:24

Added a few.

[dragonsteeth] 03/5/2019 14:52

Ah, was wondering why the share price was falling, Shares mag eh :-).
Currently on my watch list, have HFEL, a different mix and higher dividend. Will watch with even more interest if this continues to fall.

[davebowler] 03/5/2019 10:31

Shares mag mention last week -Despite a narrowing of the discount to net asset value (NAV) from 11% to 7.7% at Aberdeen Asian Income (AAIF) there is still a value opportunity here.The positive re-rating should continue as investors pick up on the fund's improving performance, attractive income credentials – a 4.2% yield – andcontinuing cheap valuation.Aberdeen Asian Income seeks to provide investors with a total return primarily by investing in Asia Pacific shares, including those with an above-average yield, and aims to grow dividends (paid quarterly) over time.Investment bank Stifel argues the recent narrowing of the NAV discount has further to go as performance has improved 'substantially' since the manager modified the investment process.Although its five-year investment performance is the weakest within its peer group, Aberdeen Asian Income is the second best performing Asian income trust over three years on an NAV total return basis.There's scope for the re-rating of the investment trust to continueBuy Aberdeen Asian Income Fund at a discount balance sheets to support plump dividend payouts.Despite a strong rally in Asian markets since the start of 2019, the trust has managed to keep pace.Prospective investors are buying exposure to such locations as Singapore, a gateway to the emerging Asian economies and a good source of well governed, cash generative, dividend-paying companies such as tech firm Venture Corporation and conglomerate Jardine Cycle & Carriage.Underweight China, the manager nevertheless maintains its positive view on the Asian powerhouse's long-term consumer demand potential.Other portfolio positions include TSMC and Samsung Electronics, a tech pair with consistently growing dividends, Indian IT services firm Infosys and Korea-listed LG Chem, which has a platform for growth in the electric vehicle battery market.Analysts at Stifel say: 'Aberdeen Asian Income Fund remains our preferred choice in the Asian Income trust space. It is the cheapest trust in the sector by some margin, its investment style could be viewed as appropriate for a weakening economic backdrop and its performance has improved markedly since the manager reviewed their investment approach.'Aberdeen Asian Income Fund outperformed on a relative basis during 2018 as volatility returned to the markets. While its NAV total return fell 5.5%, this was ahead of the 8.3% decline for the MSCI All Country Asia Pacific ex-Japan index thanks to a focus on quality companies with strong franchises exposed to longer term growth trends and with the ABERDEEN ASIAN INCOME FUND ? BUY(AAIF) 216.5pStop loss: 173.2pMarket value: £64.6m

[essentialinvestor] 25/4/2019 16:04

Still a fat discount to NAV, SOI usually trades over NAV,
as do many of the other sector funds.

[davebowler] 07/4/2019 10:56

4 Apr NAV Aberdeen Asian Income Fund Including Income 231.49p Ordinary
Debt at Fair Value

[davebowler] 29/1/2019 12:05

25 Jan NAV
Aberdeen Asian Income Fund with
Debt at Fair Value Including Income 215.67p Ordinary

[escapetohome] 12/1/2019 09:56

Neither, however buying these will do no harm.

I have held these for a number of years 4 or 5 , and like that they have a large partof the portfolio in Singapore, the so called “ Switzerland of the Far East”.

[asmodeus] 12/1/2019 08:36

Is that a warning or an encouragement? ?

[escapetohome] 11/1/2019 18:51

Im a holder here.

[escapetohome] 11/1/2019 18:51

From my last observations about 6 months ago, i seem to recall they have quite a large allocation to Singapore - “ The Switzerland of the East “ , do you think they have swapped stability for risky growth? Hence it appears to underperform , when riskier shares race ahead?

[essentialinvestor] 11/1/2019 15:15

Underperformance on NAV and insipid divided increases.

How can SOI manage their % divided increases with what looks lower gearing?.

What is causing this underperformance?.

Shockingly poor IMV.

[wilwak] 09/10/2018 13:02

I agree. I also bought yesterday. Good price for a long term hold with a nice yield.

Could go lower but happy to be in at 196p.

[topvest] 08/10/2018 20:17

I've bought some today. Happy to hold for the long term. Have nearly all the Aberdeen range of investment trusts. Just the Indian one to go I think.

[cerrito] 17/8/2018 20:59

Just had a run through the Interims.
Not alot to say in a difficult half year but for me good that the dividend paid was less than investment income minus all expenses so we had an increase in the revenue reserves.
Note that since year end NAV up from 223p to 228p- before taking the dividend ontto account given sterling weakness.
Am a lukewarm holder

[davebowler] 04/7/2018 12:00

2/7/2018 Aberdeen Asian Income NAV Including Income 221.88p

[davebowler] 12/2/2018 12:13

8 Feb NAV Aberdeen Asian Income Fund Undiluted Including Income 223.41p Ordinary