Abrdn Asian Income Share Discussion Threads

[gateside] 13/8/2020 05:34

Good set of results yesterday. Dividend looks safe and should be some capital gain too. A good part of the world to be invested in.

[davebowler] 24/7/2020 13:54

hTTWps://aberdeen-asset.kulu.net/view/RT8h7jXEFIf?opendocument&utm_campaign=InvTrusts%20-%20Factsheet%20email%20-%20July%202020&utm_medium=email&utm_source=Eloqua&utm_content=CAAML000001527664&utm_company=Standard%20Life%20Trustee%20Company%20Ltd&cn=&elqTrackId=e48f766047594b90afd3f7cab8ea5831&elq=666290d968574cc1b8afc3021eee139e&elqaid=26830&elqat=1&elqCampaignId=#/

[exel] 17/6/2020 09:22

Thanks ALL, very helpful! ex

[kenmitch] 14/6/2020 11:39

I also use AIC now instead of a Trustnet as find it quicker and easier to use.

[dragonsteeth] 14/6/2020 11:28

excel, I use the AIC website to look up ITs. Under their Asia Pacific Income Sector they have AAIF, HFEL, SOI , Schroeder’s Oriental Income , and JAGI (JAI previously )JP Morgan Asia Growth and Income.
They also have 6 ITs in their Global Equity Income.
At the Home page go to Find and compare investment companies , then it’s AIC Sectors.

[gateside] 13/6/2020 22:42

SOI is similar, though I only hold AAIF

[davebowler] 13/6/2020 15:40

Excel, try trustnet, under Investment Trusts. It's a useful source of research.

[exel] 13/6/2020 10:18

thanks dave, excellent find, useful presentation. do you know of other stocks comparable to AAIF & HFEL. thanks.

[davebowler] 05/6/2020 14:18

Bang up to date Fund manager presentation -

[davebowler] 04/6/2020 08:24

2 June NAV Aberdeen Asian Income Fund Undiluted Including Inc. 199.21p

[davebowler] 01/5/2020 15:18

30 April podcast

[essentialinvestor] 27/3/2020 00:40

Had a few more before the close.

[essentialinvestor] 26/3/2020 00:35

Still on a large NAV discount.

[panshanger1] 24/3/2020 11:23

Cheap is a relative concept ATMThought HFEL was cheap at 280 !!Nice spike today in a lot of shares still think we will have another leg down though particularly if health situation deteriorates badly in US and here - hope not

[essentialinvestor] 24/3/2020 11:10

Looking cheap?.

[essentialinvestor] 06/3/2020 11:54

This looks a decent longer term price imv, DYOR, as always.

[essentialinvestor] 03/2/2020 00:39

Under 2 tomorrow ?

[escapetohome] 31/1/2020 16:03

At some point these will be a buy.

They will find a vaccine.

[essentialinvestor] 30/1/2020 12:14

Back in for a small amount, will add slowly Lower down.

[davebowler] 29/1/2020 14:12

SOI -at asset value vs. AAIF c.5% below NAV
Spot the difference!

[davebowler] 24/1/2020 15:33

Dec monthly managers report-

Fund managers’ report
Market and portfolio review
Asia Pacific equities advanced in December, ending the year on an upbeat note. The US and
China appeared closer to a partial trade deal and averted new tariff hikes, which bolstered
risk appetite. Also lifting sentiment was the Federal Reserve’s signals that it would keep
policy loose, along with improved economic data from China. Fresh Wall Street records and
a well-received UK election outcome proved supportive too. Meanwhile, oil prices rose on
expectations that an improving growth outlook would bolster energy demand, along with
deeper OPEC-led output cuts and declining US crude stocks.
Receding trade worries buoyed export-oriented North Asian markets. A sustained global
rally in the technology sector further boosted Korea and Taiwan. Fund holdings,
GlobalWafers, Samsung Electronics and Taiwan Semiconductor Manufacturing Co,
all fared well.
In China, property shares, including China Resources Land, gained from the central bank’s
switch to a new loan-pricing regime to lower borrowing costs. Beijing also relaxed
residency curbs in smaller cities to help improve property ownership and value.
In Singapore, telecoms major Singtel jointly bid for a digital banking licence with
ride-hailing firm Grab. We think this is in line with Singtel’s digital ambitions.
Regulatory requirements on profitability also give us some comfort that the venture
is unlikely to result in excessive cash burn.
There were no new initiations or exits in December.
Outlook
Despite an upturn in sentiment entering 2020, we are mindful of the raft of prevailing
risks. While an interim US-China trade deal has been reached, the bulk of tariffs remain
in place. Existing differences over more complex issues also impede chances of a further
agreement. Other political concerns linger as well, including the ongoing unrest in Hong
Kong and India. The recent flaring of US-Iran tensions is a fresh worry. It could lead to
higher oil prices, which may hamper the region’s economic recovery, particularly for
oil-importing markets. US presidential elections towards the year-end could also add
further uncertainty.
That said, supportive fiscal and monetary policies should lend support to Asian
stockmarkets. Largely sound fundamentals will also buffer regional economies against
shocks. From a bottom-up perspective, asset prices in Asia still seem reasonable
compared to global peers, while company earnings are expected to recover modestly.
Meanwhile, the themes that underpin Asia’s long-term growth are undimmed. Rising
income levels will spur demand across various segments, while advances in technology,
such as 5G networks, data centres and electric vehicles, also present new opportunities.
All these underscore our belief in a quality-focused approach to stock picking. Our holdings’
competitive edges and sustainable earnings drivers position them to tap the favourable
structural trends. At the same time, their solid financials and experienced management
give us confidence that they can stay resilient if conditions deteriorate. Healthy balance
sheets and cash flows also augur well for shareholder returns

[broadgreen] 13/1/2020 19:10

I have some of these, held for income obviously, and to diversify sources of income. As it has traded mostly in a 10pc range (200p - 220p) for a while it certainly isn't exciting, though stability is welcome. I'd hope that the forthcoming dividend will be hiked a little to bring the full-year payment up. 2.5p vs 2.4p last year wouldn't surprise me but better than nothing. I used to hold Newton Asia Income but switched into AAIF as I prefer investment trusts to funds. I hope that if the underlying investment performance improves AAIF might get some attention, and the discount might close to give a period of better share price performance, as I think it is an inexpensive trust.