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HFEL Henderson Far East Income Limited

218.50
-1.50 (-0.68%)
Last Updated: 14:34:58
Delayed by 15 minutes
Henderson Far East Income Investors - HFEL

Henderson Far East Income Investors - HFEL

Share Name Share Symbol Market Stock Type
Henderson Far East Income Limited HFEL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-1.50 -0.68% 218.50 14:34:58
Open Price Low Price High Price Close Price Previous Close
220.50 217.50 221.00 220.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 13/3/2025 23:08 by scruff1
I am surprised that since it has been going on for so long the issue hasn't been raised before now and clarified. I am sure the big investors would have had something to say. Be nice to how the 6m or so has been 'invested'
Posted at 13/3/2025 21:29 by yump
Surely “dividend stripping” is a zero sum game. I don’t see how capital reduction is related to that supposed activity.

Also what capital reduction has been reported and what capital is it? Value of investments? NAV?

Strikes me this discussion has got way overcomplicated for a relatively simple process of earning £x from a set of investments and then distributing the £x to set of your own investors.

Instead of them diy’ing their own.

Seems a lot simpler than an REIT owning assets with variable sales pricing, variable sun and wind, variable subsidies etcetc
Posted at 14/2/2025 10:54 by fenners66
Searched google and found an Investors Chronicle article about Vietnam funds...


which included

"Despite the surge in manufacturing activity, consumer confidence remains subdued. According to Vietnam Opportunity, real retail sales growth fell from 8.8 per cent in the first half of 2023 to 5.7 per cent in the same period this year. The vast majority of products manufactured in Vietnam aren’t consumed at home, but sold abroad. For now, this is entirely in line with the government’s plan for economic growth. "

I read that as a positive. Getting more FX in and perhaps a Trade surplus is good for supporting the currency.

I'm going to take a little bit more of an interest in this part of the world it mentions 3 Investment funds...
Posted at 14/2/2025 10:37 by fenners66
Agreed that is exceptional growth , so I was wondering if a falling currency was the reason putting off
foreign investors.
Looking at the short term VND is down about 4% since last Sept but it seems to be broadly stable in a range...

So what then of the political situation any skeletons there ?
Posted at 13/1/2025 10:11 by novision
The Shanghai Composite dropped 0.27% to close at 3,160, while the Shenzhen Component ended flat at 9,796 on Monday, as mainland stocks struggled to gain traction despite stronger-than-expected trade data. December exports surged 10.7% year-on-year, far surpassing the forecasted 7.3% increase. Imports also rose unexpectedly by 1%, reversing two months of contraction. However, ongoing concerns over slowing economic activity and persistent deflationary pressures, along with the lack of aggressive policy support, kept investors cautious. In an effort to support the yuan, China announced on Monday that it would raise borrowing limits to allow corporations to borrow more from abroad. Notable declines were seen in Cambricon Technologies (-1.5%), Leo Group (-8%), and JCET Group (-2.9%), reflecting broader market uncertainties.

Swings and roundabouts!
Posted at 03/9/2024 09:37 by fordtin
Mostly disagree. Those of us who rely on dividends as a part of our retirement income would have an ever diminishing income if we had to sell shares to subsidise a dividend cut.

Slashing the dividend because woeful share price performance has artificially inflated the yield, results in a double whammy for anyone who has trusted the management and has ridden the storm through market down-turns.
The current dividend yield for anyone holding shares for 5 years, is only ~7%. Slashing that ~7% would be a huge red flag pointing to extremely poor and untrustworthy management.

I’ve unfortunately owned shares in several companies which have slashed their dividends. The inevitably poor share price performance post divi cut has taught me to take the loss and move on as soon as possible.

If HFEL lose the trust of passive long-term investors, it’s unlikely they’ll ever trade at a premium again, as they’ll probably become just another traders’ plaything being churned over at a very large discount to NAV.
Posted at 02/9/2024 07:11 by njb67
The 12 month rolling NAV total return (increase in the underlying value of the company with dividends reinvested) is currently showing 10.3% versus the 10.6% dividend.

The last twelve months NAV total return performance puts HEFL 4th out of 7 ITs in the sector, versus 6th over three years and 7th over five years. So trending in the right direction.

HFEL is currently the only IT whose share price is at a premium to NAV, so while there is understandable scepticism over the dividend, it is not putting all investors off.

One of my (small)holding which I am watching very closely to see if management deliver on their promise to improve total shareholder returns. I agree with others who have posted that reducing annual dividends to support NAV growth could be a sensible option, albeit my sense is that management will not want to lose their Dividend Hero status.
Posted at 31/8/2024 19:23 by carpingtris
I wonder if some folk are scared off because of the high yield? I'd be happy if they adjusted it slightly.. also perhaps lower there fee's might help pull in more investors?
Posted at 19/8/2024 14:55 by makinbuks
Share buy backs are a positive for a corporate who has genuine surplus capital and seeks to return it to investors. For an investment trust buying your own shares might support the price and manage the discount, but lets be honest its a sign of weakness. Lack of demand for the shares, lack of confidence in the manager. So tapping the market when there is a premium is a real show of confidence for an investment trust. There is more demand for the shares than available in the market, there is confidence in the manager and the process is positive for existing holders. So lets celebrate this ongoing market tap, long may it continue
Posted at 22/7/2024 09:47 by scruff1
Investors not exactly falling over themselves for the divi on Thursday when the share price will drop by 6.5p