Henderson Far East Income Share Discussion Threads

[joey52] 22/6/2023 09:25

I sold in March at £2.73 after holding for 20 odd years, just lost faith.

[tim 3] 22/6/2023 09:10

10% yield and a 30% drop in share value in the last year.

I am defiantly not adding with that kind of performance.

[uapatel] 21/6/2023 20:11

Not in a position to add more at present. (Probably have too much here already, lol)

[gateside] 21/6/2023 20:09

Which will most likely be the dividend for the next year, so we are now looking at a annual dividend of 24.4pSo if you can buy at 244p, that would equate to a 10% yield.

[uapatel] 21/6/2023 20:06

Nice 6.1p next Dividend. Didn’t expect much in the way of an increase , but good to see.

[bluemango] 30/5/2023 09:46

Joined you guys with a holding here.

Potential double bottom on the chart, consistent and gradually growing dividend, yield at an excellent 9.6%. Regular quarterly payment. So that's all good.

And the interview interpreted as 'gloomy' was mainly so because it was looking back at the reported half year, and for reasons largely outside the portfolio manager's control. There was plenty of reason for optimism here looking ahead to the medium term.

For all the above reasons, happy to put an initial stake in this morning.

[sll] 23/5/2023 11:37

thanks very much for sharing this - mjames20 - very helpful! if a tad gloomy.

[tim 3] 03/5/2023 15:00

Exactly ..with interest too!

[lord gnome] 03/5/2023 14:41

We are paying for our own dividends Tim3.

[tim 3] 03/5/2023 13:44

That's the 6p divided gone and some.

[neilyb675] 29/4/2023 12:18

RATHBONES take 5% stake.

[melton john] 27/4/2023 19:34

Interesting facts from Stockopedia
Average number of shares CAGR/Avg +6%
Book value per share CAGR/Avg -5.61%
"For the six months ended 28 February 2023, Henderson Far East Income Limited revenues decreased from £2.6M to -£14.3M. Net loss increased from £604K to £18.1M. Revenues reflect Losses/Gains on investments held at fair decrease from -£8.8M to -£24.8M, Investment income decrease of 7% to £10.1M."
Commiserations to holders, I baled at a loss a while ago to stem my loss but I also believe in the far east economy. Not sure this is the time to get back in or whether HFEL is the right fund for me. It appears to be paying divis by eating its tail. I'll wait and see.

[carpingtris] 27/4/2023 19:08

Not sure about the Russia component... but agree Asia will bounce back and will in time become dominant.

[superiorshares] 27/4/2023 17:48

Having not been invested here for several years, I have no worries about this Capital depreciation.
I am starting a monthly drip May the 7th. How low HFE will go who knows ?.. I am hoping I will have missed most of it .

China , India and Russia will eclipse slow Joe and his Rainbow brigade within 5-10 years .

Asia is the future .

[skinny] 27/4/2023 11:21

A repeat of post 1315.

Price / NAV.

[2wild] 27/4/2023 11:16

NAV therefore about 243p. Not sure a 4% premium is justified here.

[jong] 27/4/2023 09:47

XD Today - 6p per share payable on Friday 26 May.

[tim 3] 22/4/2023 11:20

Same.

Classic example of not looking at dividend yield in isolation.

Capital return has been woeful here.

10 years ago they were over £3.50.

Everything else I own has outperformed these.

My own fault though should have sold ages ago you live and learn.

[petewy] 21/4/2023 14:00

Outlook

The year ahead will hold many challenges but, on balance, we believe the prospects for improved earnings growth and dividend increases are positive. To a large extent, this is driven by the positive impact of a recovering China on the entire region. As the key economy in Asia Pacific, China's improving prospects energise many other markets. China is the region's biggest trading partner, its biggest consumer and its biggest investor. The recovery of China's economy is gaining confidence, with a positive impact on companies across the region. In turn, this is fuelling the ability to expand dividends in a wide range of companies, a far broader dividend growth picture that will benefit our portfolio.

[carpingtris] 20/4/2023 12:44

HENDERSON FAR EAST INCOME LIMITED

2(nd) Interim dividend for year ending 31 August 2023

The directors have declared the second interim dividend of 6.00p (six point zero pence) per ordinary share in respect of the year ending 31 August 2023. The dividend will be paid on 26 May 2023 to shareholders on the register on 28 April 2023 (the record date). The shares will be quoted ex-dividend on 27 April 2023.