A reasonable Director's purchase - 12,000 @211.75p. |
XD today. 6.1p per share payable on Friday 23 Feb. |
Well it's beyond me now.
Agm
Resolution 14 and 15 duly passed.
One is Authorisation to issue shares and the other to buy back shares.
Can some one tell me the reasoning behind those please |
That tidy Chinese bird that reports on CNBC seems to think they are more concerned about protecting their currency than the stockmarket.
SS |
Yes they have talked about it, do you think they will do it?????
Would be chucking good money after bad.
And if they do??. Will it work??
SS |
Hong Kong looking likely to be good value? |
No - the downgrade on Chinas debt. That was a while ago. Last year I think. |
So bloody right. I'm afraid
SS |
You're so bloody rude, weirdo. |
Scruffy read the post
July ish.
So sometime around July / Aug time, I reckon this will be about £1.75
Scruffy that's 6 month to you
SS |
and the date on that ?? |
I totally agree.I suspect in their mind having a track record of always increasing dividends is a strong selling point and makes them look attractive.And to a certain extent they may be right no disrespect but reading comments on here some seem to almost exclude capital performance or keep saying it will improve and just look at the dividend.At the end of the day to have not grown capital at all in over 10 years is appalling and previously they have not even seemed concerned about this ( till the recent update)But it's about the future now and hopefully things will improve but those who bought much higher up may be in for a long wait. |
Being a dividend hero and having a track record of dividend increases would seem pretty pointless when it is accompanied by a track record of capital destruction. They need to start showing evidence that they are able to deliver consistent total returns. |
I think you both have it wrong
Xi
is not going to follow the Western recipe of Print Money and Pile on the debt!
There will be an enormous change in the Asian stockmarket scene.
The dividend will have to be cut their will be no option on that.
Present holders have a lot more pain to endure. |
I agree that would be the right thing to do but amongst other things looking at their website I suspect they are highly focused on being a "dividend hero" and building up a track record of increases. |
With the change of manager and new investment approach everything seems to point to a reset of the dividend Market maybe pricing that in already ? |
"The question remains with HFEL:
How much of the very high - now ~12% - divi is paid out of fund income and how much from capital, or capital sacrifice?"
Exactly.I have no issue with them using reserves to pay dividends as a temporary measure thats what they are there for but in view of the fact they have now said they are focusing more on capital growth, doing this while at the same time not only maintaining but growing a dividend thats currently not even covered (last year cover was only .86) is quite a tall order. |
2sporrans17 Jan '24 - 10:46 - 1825 of 1825
-----------------------------------------
Thanks - good post. Maybe a combination of both for optimal income size/growth risk with exposure to Asia? Further mitigation of risk/exposure to growth available from FAS. |
 While there is plenty of doom & gloom to be read wrt economic and investment situation in the Asia Pacific region, especially if China focused, i keep finding positive news in the mix.
I realise that posting up on another fund's performance isn't quite what some here want to read but i hope the underpinning +ve message, one of robustly growing dividend payouts across Asia, is well received.
"The total dividend for 2023 amounts to 11.75p, representing an increase of 17.5% compared to the previous year (2022: 10.00p), and the Board is pleased to note that this represents the fifteenth consecutive year of annual dividend increases and means that the Company continues to be a "next generation dividend hero" as recognised by the Association of Investment Companies. The dividend for the year equates to a dividend yield of 5.8% based on the closing share price of 201p on 12 January 2024 and is expected to be fully covered by earnings for the year ended 31 December 2023."
I still keep a reduced holding in HFEL; building in AAIF the past 2 years.
AAIF, with a greater focus on "Quality" companies, has a substantially better total return performance and the [fully covered] dividend growth is far faster.
Also AAIF trades at 13% discount to NAV, HFEL 4 to 5% lately.
The question remains with HFEL:
How much of the very high - now ~12% - divi is paid out of fund income and how much from capital, or capital sacrifice? |
My glass is always half full. Being a long-term Vodafone holder, one has to be hopeful. |
A happy investor is a fine thing these days |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
