Abrdn Asian Income Share Discussion Threads

[davebowler] 13/1/2020 16:38

NAV £2.34

[cousin jack] 20/12/2019 15:09

Correction to post 152. I meant a weakening pound of course !

[cousin jack] 20/12/2019 15:08

EI: May I ask whether, when you say you are taking profits, you mean on AAIF or on other holdings which have risen recently ? Seems to me there may be a bit more to go in both given the usual run up to the new year, but maybe some pull back in uk stocks after that as a more realistic view of the Brixton situation sets in. My new year wish is for a strengthening pound to rescue my badly timed foray into BP a few weeks back. If not I shall have to be patient and collect the dividends.

[essentialinvestor] 20/12/2019 14:03

Hi bt, 2.026 was my lowest buy.

I've taken some profits today, however since early Summer I've been far
too cautious on markets, thinking we were in for lower levels.
Hoping January sees some downside to provide opportunities. Much prefer volatility
as it opens the door to better prices.

[badtime] 19/12/2019 11:59

EI ..I take it you got in close to 200

[essentialinvestor] 17/12/2019 12:11

Looking cheap with a weakening GBP?.

[essentialinvestor] 12/12/2019 15:03

Added again this morning.

[essentialinvestor] 10/12/2019 17:53

I've added over the last few days.

Short term there is strengthening £ and China trade tensions
which have both weighed recently.

[davebowler] 26/11/2019 12:02

22 Nov NAV Aberdeen Asian Income Fund with Debt at fair value Including income 225.29p

[davebowler] 28/6/2019 12:49

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

[essentialinvestor] 08/5/2019 15:24

Added a few.

[dragonsteeth] 03/5/2019 13:52

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 09:31

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 15:04

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

[davebowler] 07/4/2019 09:56

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