Henderson Far East Income Share Discussion Threads

[aleman] 28/2/2023 15:17

The worry here is China was 17.1% of assets at the finals but 33.5% of income. The latest factsheet has assets at 21.1% so income from China might be quite a bit higher than 33.5% of income now?

[investingdad] 28/2/2023 13:34

I would be interested to see what impact the miners reducing their dividend does to the dividend cover (was at .5). Today's drop is completely to do with US sentiment regarding China 'picking a side'.From what I can see, China are keeping in with both sides until they have to make a decision. The implications of selling weapons would send shockwaves across the world. From a chinese point of view, Russia are mapping out the limits of what the west will tolerate, which is useful for them. They share a vast border with Russia and have been buying oil at a cheap price from them and now there is higher demand for energy, so there are implications to all actions. They will be waiting to see how the war goes for their own territorial advances. I am here for the longer term with HFEL, build the income and allow compounding to offer bigger dividend payments. The total return looks poor, based on the last 5 years, but it is worth considering that China isn't going to stop making money. There should be growth there this year (it seems to be big policy) and if China makes money then other Asia focused business will. The portfolio has less China focused than some too. They will grow in time. But the next two years look increasingly more volatile. Pound cost average seems the best option.I recently sold out of FCSS at the recent high due to the Chinese sentiment. I have kept a residual holding as I still feel the consumer demand will be there and it is aligning with state companies and priorities. But it is a volatile area to invest in so I will be adding but again pound cost averaging.

[scruff1] 28/2/2023 09:17

I dont suppose the current positioning of China and the murmerings of disquiet by the US is going to help reverse this continuing fall in the sp

[gateside] 28/2/2023 09:16

This has been drifting down with the miners.Almost yielding 9% again.

[petewy] 17/2/2023 09:11

Thanks Carp

[ramellous] 17/2/2023 07:54

Portfolio manager update

[woodhawk] 30/1/2023 13:05

That's understandable. Happy to add more here for an 8.3% (or better) quarterly yield. Don't think it will be long before the share price breeches 300p.

[fordtin] 30/1/2023 12:55

Market taking a break to let the froth settle?



"Jonathan Wheatley in London January 26 2023

Investors pour money into emerging markets at near-record rate
More than $1bn has flowed into stocks and bonds every day this week in strong start to 2023"

[scruff1] 30/1/2023 11:44

Appears it's a general sentiment that asian stocks have been overbought in the last 7 weeks. No real specific reason apparently

[whilstev] 30/1/2023 11:33

Asian markets down especially Hang Seng.

[woodhawk] 30/1/2023 11:01

Post divi?

[scruff1] 30/1/2023 10:57

Yes I know the trades on advfn are guesses only and true theres not massive volume but it's a fair drop so wondered if there was any particular reason. I take it there isnt one that anyone knows of

[woodhawk] 30/1/2023 10:47

What 'heavy selling'? Volume pretty small. You are aware that you can often buy pretty close to the bid, aren't you? I've bought at 288.08 this a.m. If you're looking at Advfn 'guesses', they're often very inaccurate.

[danieldruff2] 30/1/2023 10:44

Still well above NAV, worry if it moves to a substantial discount.

[scruff1] 30/1/2023 10:36

any known reason for the heavy selling?

[woodhawk] 26/1/2023 16:31

Even recovered some of the divi deduction. Nice!

[jong] 26/1/2023 09:21

Yep, XD Today. 6p per share payable on Fri 24th Feb.

[woodhawk] 26/1/2023 07:49

2%+ divi every quarter will do me just fine. Lovely stuff!

[panshanger1] 23/1/2023 23:18

Ex div Thursday

[purplepelmets] 23/1/2023 22:45

back to breakeven! plus several years of very nice divis - not bad, not bad at all

[lord gnome] 23/1/2023 17:26

Yes, it looks as thought it wants to hit 300 before it stops to draw breath. It will have to go some way above that before I am back at breakeven on capital, but I think we could do it this year at some point.

[panshanger1] 23/1/2023 15:09

300 in sight

[mister md] 23/1/2023 11:16

Also bought some SDP (Schroder Asiapacific) recently as seemed a little unloved.

[mister md] 23/1/2023 11:14

Yield is great, and recent shareprice performance too !