Henderson Far East Income Share Discussion Threads

[investingdad] 08/8/2023 17:02

Agreed - Xi has made that clear, however time will tell whether it will wait on an invasion or do it longer term through misinformation, meddling in elections and other techniques. A lot of fund managers seem cautious on India too, for the fact it is over priced. It has been on a good run getting all the ex China retail money. Though what happens when sentiment turns - exacerbated sell off?However, my holdings in IGC and MMIT are a lot better to look at than HFEL. That India and wider exposure is winning.

[tim 3] 08/8/2023 16:42

Kimboy

Trustnet shows 4.5% loss with reinvestment.


Henderson Far East Income Ltd
1 m 3 m 6 m 1 y 3 y 5 y
1.7 -3.6 -13.4 -6.4 -5.4 -4.5

[gateside] 08/8/2023 16:30

I think the disastrous Russian invasion of Ukraine, will have stopped China invading Taiwan.
All bluster from Xi I believe.
Hope so anyway!

[essentialinvestor] 08/8/2023 16:26

Xi has all but said they will take Taiwan, just a matter of time perhaps.
In that eventuality a large % lower overnight.
Growing risk.

India looks a lot safer to me fwiw, all be it their equity markets often get
hit on risk off sentiment.

[investingdad] 08/8/2023 16:18

It is on the bigger side. The only hope is that the government move to help domestic spending increase and that the trust holds domestic consumer companies.

[gateside] 08/8/2023 15:56

Last factsheet has...China 21.6%Australia 17.1%Taiwan 13.9%South Korea 12.3%Singapore 8.7%Hong Kong 7.9%Indonesia 6.0%India 4.1%Vietnam 3.0%New Zealand 1.9%

[zac0_4] 08/8/2023 15:40

Kimboy2 - HL show a 4.5% total loss over 5 years. Either way, in my opinion, the return has been appalling!

[investingdad] 08/8/2023 15:38

My other income trust have done much better over 5 years.What exposure does this have to China now?

[kimboy2] 08/8/2023 15:34

I make the Trustnet chart show a 6.7% return over 5 years with dividend reinvested. How does that compare to other dividend payers?

[tim 3] 08/8/2023 14:53

Make that a 14 year low.

Through support and still no sign of life.

[scruff1] 08/8/2023 07:53

Its not getting any better

'China's trade slumps more sharply than expected'

I thought we had got off lightly on divi day but we have continued down the pan since. At a 5 year low now I think

[tim 3] 01/8/2023 19:05

Fair comment but do you have a reason to think things will change?To me it looks like whatever strategy they are using to boost income is having a direct (negative )affect on the share value,as has be said before the net yield of the companies in the trust is lower than the dividend paid.Either that or for the last 5 years maybe longer they have made poor selections.

[bluemango] 01/8/2023 15:52

Which is fine as an argument if you assume historic performance extrapolates and continues perfectly the same into the future. It's a guide, one factor of many, but no more than that.

[zac0_4] 01/8/2023 14:48

to back up tim3's point the Legal & General Pacific Index Trust has produced a total return of 31% over the last 5 years. HFEL has produced a total return (loss) of -4% over the same period with dividends reinvested.

[tim 3] 01/8/2023 13:52

With dividend reinvestment,tried to post link but advfn's silly rules won't let me but if you google "HFEL trustnet" then its easy to see on trustnets site.

[makinbuks] 01/8/2023 11:44

What is the basis of that? Dividends reinvested, excluding dividends, including but not reinvesting dividends?

[tim 3] 01/8/2023 10:40

Well whatever they are doing its not helping the share price.

Pointless doing things to get the dividend high if it results in capital going down.

Looking at trustnet its underperformed the IT Asia Pacific Equity Income sector by over 25% over the last 5 years.

[kiwi2007] 01/8/2023 10:27

China not doing well and exporting it's internal problems throughout the region that HDFL specilises in is affecting share prices.

Here in NZ log and A2 milk powder exports to China are well down. Just two examples of what's happening.

Interesting though how these guys make a turn earning enough to pay the pretty impressive dividend. Some cute options trading and loaning out of shares going on I'd imagine?

[scruff1] 29/7/2023 07:37

Nice little fillip yesterday. Anybody know of a reason? Pleasant surprise anyway so soon after the divi drop.

[gateside] 27/7/2023 21:45

Good discussion of recent, but don't fathom all the negative comments here. I agree the share price performance has been abysmal. But I'm looking forward not back, and see this severe weakness of share price as an excellent opportunity. I believe in the growth of China and the Pacific region, this makes me feel the dividend is safe. Yielding 10.25% I see that as bargain territory.You pay your money and take your chance.

[skinny] 27/7/2023 12:53

Well done to anyone who bought at the Monday low.

[scruff1] 27/7/2023 12:48

Now now Zac. Dont be rubbing it in. To be honest I expected a bigger drop for the reason Tim mentions. still time I guess but the fact that it hasnt - wellhope springs eternal an all that.

[tim 3] 27/7/2023 12:44

Absolutely and would not surprise me if it drops further without the dividend to attract buyers!

[zac0_4] 27/7/2023 12:24

"XD today. 6.1p per share payable on Friday 25th August" . . . covered by a 7.0p loss of capital per share!

[jong] 27/7/2023 10:58

XD today. 6.1p per share payable on Friday 25th August