Henderson Far East Income Share Discussion Threads

[veryniceperson] 26/10/2023 09:27

Now that is a year low! Brought in at 218, but it is for the long term. Patients is the game in these uncertain times.

[scruff1] 25/10/2023 07:40

ASian stocks rise after China issues 1 trn yuan bond issue

[superiorshares] 25/10/2023 02:26

Tim3
That made me chuckle 😃

[tim 3] 24/10/2023 20:40

Does the SS stand for ski slope !

[superiorshares] 24/10/2023 20:02

It's a decent looking chart.

SS

[superiorshares] 23/10/2023 20:49

That 2 pound mark is fast approaching!

Will need to go past £1.75;
Then £1.10/ £1.30 ish without a doubt!

SS

[kiwi2007] 19/10/2023 10:54

SS you may have missed this?



China’s economy grows faster than expected as retail sales rise
Government stimulus gains some traction in third quarter

[2sporrans] 18/10/2023 11:10

The discount to NAV is finally widening substantially; this exacerbates the share price underperformance v peers.

The share price fell 4.3% more than the NAV over 2023, up to end Sept.
Since then i make it fully 2% further relative decline; over 6% of relative decline in all.

The discount to NAV was 4.4% at yesterday close; there was a premium of between 2 and 3% during Q1 this year.

Looking at the discounts on peer trusts that are performing a lot less badly, they are typically a good 10% wider than that now for HFEL.
This does not auger well.

Then again, suppose that if there is a rally AND the HFEL NAV outperforms peers, it is conceivable the discount will actually narrow and the share price therefore outperform too.
Not my expectation.

Not reducing my holding further att; the dividends will continue to be invested elsewhere.
Next xd 26th Oct.

[scruff1] 18/10/2023 08:49

If its like the last one it wont be bouncing back either - far from it. The divi is becoming expensive !

[superiorshares] 18/10/2023 03:24

That dividend payment will be consumed in the share price falling in quick Order
SS

[bluemango] 17/10/2023 09:16

Yes, dividend maintained at 6.10p, paid next month.

[fabius1] 05/10/2023 12:11

Interesting that Henderson are merging HHI and HDIV. Wonder whether they might be mulling changes to HFEL.

[tim 3] 01/10/2023 12:34

The figures speed posted DO include dividend reinvestment as they are the same as trustnets which clearly state includes dividend reinvestment.

In my opinion its fairly obvious they are chasing dividends at the expense of capital.Or to put it another way you are indirectly paying for your dividend from capital.

[superiorshares] 01/10/2023 10:53

Ale man
" you would expect HFEL to underperform a bit though "
A share price that has dropped from £3 odd to £2.20 you shouldn't need to expect anything, it's already done it !

[aleman] 28/9/2023 08:07

It's not dividends reinvested total return.

I would expect HFEL to underperform a bit though. If it is enhancing income with dividend scalping, excessive trading will lead to higher expenses than others. It would probably add 1% per year to costs, or something like that.

[superiorshares] 27/9/2023 20:37

Do you Investor types genuinely belive Asian companies are going to maintain their dividend over the next 12- 18 months ???

[speedsgh] 27/9/2023 19:42

Surely share price total return includes dividends distributed (hence 'total return'). If you were to exclude dividends, the share price return would be even worse.

[aleman] 27/9/2023 18:29

If it has a policy of paying out the biggest dividend, why would would you expect it not to underperform on capital, and why would you throw out the managers for carrying out their stated aim?

[speedsgh] 27/9/2023 17:51

HFEL is by far the worst performing of all its peers in its AIC sector (Asia Pacific Equity Income).



Share price total return: 1yr -13%, 5yr -11%, 10yr +33%

Shouldn't the board be thinking about a change of investment manager?

[pvb] 27/9/2023 16:24

...Got any interesting investor comment to offer us, Ss? Or nothing more than your tedious right-wing nonsense?