Aberdeen Latin American ... Share Discussion Threads

[loganair] 27/11/2020 20:31

Which one? Aberdeen is 60% Equity / 40% Bonds which puts me off whereas Blackrock is 100% Equity. Aberdeen 5.35% Yield - Blackrock 5.85% Yield so very similar there. Aberdeen - Brazil 46%, Mexico 24.6%, Columbia 8.0%, Uruguay 6.3%, Peru 6.2%, Chile 4.7%, Argentina 3.8%. Blackrock - Brazil 65%, Mexico 21.5%, Chile 5.1%, Argentina 4.8%, Peru 1.7%, Panama 0.9%......Talking about their next country investment being Venezuela. Aberdeen 49% above 52 week low - Blackrock 46% Aberdeen 24% below 52 week high - Blackrock 39% Aberdeen 31% below all time high (July 2019)- Blackrock 46% (Aug 2017)

[boystown] 23/8/2020 21:18

How safe do those of you who undoubtedly know a lot more than me perceive the >7% yield to be here, or is BRLA a safer bet, given the latter's lower mgt fees? I have a couple of ITs, but no current exposure to Brazil / the Americas.

[tiltonboy] 20/6/2019 12:49

NAV has been strengthening so nothing has really changed.

[my retirement fund] 20/6/2019 12:32

Indeed. Do you think this upward trend is on the premis of the fund being wound up rather than people running from Woodfords funds?

[tiltonboy] 19/6/2019 14:36

MRF, The discount is still out at 14.2%.

[tiltonboy] 19/6/2019 06:34

The fund is totally irrelevant at £50m and should be wound up. The discount has remained in the 12-15% range for a long time, against a 10% target. MCP have all but thrown the towel in, and was quite a bit larger. It's time for ALAI (and a few others) to follow suit.

[my retirement fund] 19/6/2019 04:47

Interesting that we are seeing the long standing NAV discount shrink a little. Its still fairly large but certainly going in the right direction.Wonder if it new blood from the Woodford debacle or something else?

[hsduk101] 29/4/2019 13:54

Not a bad half year report on this today. They have pretty much out performed their bench mark. profit, EPS, Net assets are all up. Small amount of cash held, but looks good so far

[tiltonboy] 10/1/2019 20:05

20k a day buy-backs have stopped for the time being(closed season), but didn't work anyway. The fund is sub-scale, and should really be wound-up.

[my retirement fund] 10/1/2019 19:52

Deserves to be trading closer to 80p

[neilyb675] 20/6/2018 12:23

Nav up Aberdeen Latin American Income Fund Limited Undiluted Excluding Income 69.87p Ordinary Aberdeen Latin American Income Fund Limited Undiluted Including Income 71.26p Ordinary

[nick rubens] 08/6/2018 15:17

NAV falling daily here as the Pound strengthens against the Brazil Real.

[goldpiguk] 25/5/2018 15:28

Hi, I'm watching this as well, but I won't be joining the party just yet. With Brazilian currency weak and epected to fall further and other Latin American countries with currency question marks, the outlook in the short term does not look great. If I do take a position it will only be small. The trust has quite high charges (over 2%) and also invests in fixed interest sovereign debt leaving it exposed to a fall in the value of Latin American currencies. I looked at the portfolio and was slightly put off by this. Although I have been following the company for several months I really need to do more research. I think ALAI could throw up a wonderful buying opportunity at some point this year. Goldpig

[my retirement fund] 25/5/2018 14:32

Been watching like a hawk and also with a yield just over 5.5% joined you

[topvest] 25/5/2018 13:18

I've taken a small position.

[tiltonboy] 11/1/2018 19:16

Just stays in a 10-12% range all the Time, with 28th 20k daily buy-back not helping. I've tried to buy some decent size but can't trade, admittedly I go on just above the bid. MCT also trades on a ridiculous Discount, but at least you can trade that one

[my retirement fund] 11/1/2018 17:26

Still a rather shocking discount to NAV

[aleman] 07/12/2017 12:56

Rather disappointing. They've carried on at the same rate for now. Aberdeen Latin American Income Fund Limited Legal Entity Identifier (LEI): 549300DN623WEGE2MY04 First Interim Dividend 7 December 2017 In accordance with the Company's stated aim to pay a minimum dividend of 3.5p pence per share for the year, the Board of Aberdeen Latin American Income Fund Limited (the "Company") has today declared a first interim dividend of 0.875p per Ordinary share (2017: 0.875p) in respect of the year ended 31 August 2018 payable on 30 January 2018 to Ordinary shareholders on the register at close of business on 15 December 2017 (ex-dividend date 14 December 2017). Dividends will continue to be paid quarterly, all in the form of interim dividends. It remains the Company's aim to grow dividends over time. This remains subject to investee company performance, the level of income from investments, currency movements and unforeseen circumstances.

[my retirement fund] 19/10/2017 08:37

Seems unloved and undervalued tight now.

[aleman] 19/10/2017 07:53

Results are out. Revenue earnings 4.77p per share and a big increase in revenue reserve to about 3.2p per share, i.e. nearly a year's current dividend payments, from around 2.0p previously. This fund is underpaying its income. They weren't to know at the time, but the £'s fall after the Brexit vote offset the revenue weakness from the Brasilian recession that brought the dividend cut. Expect higher dividends in the near future. If they pay less than 4p this year, the revenue reserve will likely rise above a year's payments, which starts to look odd and would raise questions about the fund's aims. I'd guess they'll kick off at 0.95p and possibly have a higher final to get to 4p or a little more.

[aleman] 28/8/2017 10:16

Http://www.investmentnews.com/article/20170819/FREE/170819952/big-gains-attract-new-money-to-emerging-markets-but-should-investors

[4spiel] 27/7/2017 14:50

Plenty of money apparently for buy backs and stock not expensive to hold. Considering it has been much higher 120 I think long ago suggest that it took the pain long ago recovery maybe protracted but meanwhile it's good quarterly payout there is good free cash flow it's a non sterling investment.Better bought before yes I am long term holder.