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Share Name Share Symbol Market Type Share ISIN Share Description
Henderson High Income Trust Plc LSE:HHI London Ordinary Share GB0009580571 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -0.19% 131.50 131.00 133.00 131.50 131.50 131.50 186,529 10:52:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 15.0 13.7 10.6 12.4 147

Henderson High Income Share Discussion Threads

Showing 51 to 73 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
01/10/2020
16:16
mbu69 That is a difficult one . There is the option of buying a basket of the big Techs. Ride the stimulus momentum . At some point that will stop and reverse . When it does the drop will be insane !.. I am going to leave that , it would be my luck the reverse happened the day after my Purchase :-) I have had HFE many years back . Invested about a year after the Asian currency crisis. The profit was very chunky. At some point I wish to try my luck with HHI . I just cant see them not cutting the dividend though. I could well be wrong on that ?.. This Winter is going to be very messy and very sad !..I like compounding theory but if you are in at the wrong point it compounds the wrong way . I am going to wait till at least March . Good Luck . I will be in in due course . Regards
superiorshares
29/9/2020
16:34
I would leave out the "capital destruction" because I don't believe I can pick to top or bottom of the market. I can in hindsight of course.I don't know what next year / 10 years will bring. It's not great now granted. But would I really sell now ? What would I buy instead ?
mbu69
29/9/2020
16:06
mbu69. . why on earth would you leave out the Capital destruction ? What is your holding value today ? I see your thousand at £ 3.65. At some point I will put into HHI . There will be a dividend cut first. looking at both HHI and MRCH there share prices are at the same price today that they were Ten Years ago . MRCH lower than ten years ago . Not Good !
superiorshares
29/9/2020
08:44
Feels like the wrong thread but this is my SIPP MRCH holding compounding all by it's self ( except one top up in March this year ) It's an income trust so ignore the capital value at this point in time and look at the effect of quarterly compounding and increasing dividends over 3 or so years on the income from it. Good? Bad? ....... If they can maintain the dividend i'd say good. I'm sure this would be similar with HHI. 22/05/2017 128 £4.93 £635.70 15/08/2017 132 £4.83 £643.11 20/11/2017 138 £4.77 £663.30 06/03/2018 140 £4.77 £672.14 01/06/2018 130 £5.29 £691.40 24/08/2018 139 £5.08 £709.65 19/11/2018 150 £4.82 £727.62 08/03/2019 150 £4.89 £738.17 24/05/2019 157 £4.81 £758.95 22/08/2019 168 £4.62 £781.03 14/11/2019 159 £5.03 £803.77 13/03/2020 205 £3.96 £815.86 31/03/2020 1000 £3.65 £3676.24 02/06/2020 221 £4.05 £900.45 21/08/2020 253 £3.6 £915.35
mbu69
29/9/2020
08:09
£10,000 invested in MRCH on 27.09.15 with dividends re-invested annually, is worth £10,772 as of 27.09.20. As for costs, well let's say £75 shall we.
zac0_4
29/9/2020
06:32
I think 10,000 invested in MRCH 5 years ago . If you were magical and put the whole 10,000 in at the very low point would be worth a tad over 9,000 yesterday. The little detail of charges , how much is that over 5 years ?
superiorshares
28/9/2020
17:18
SS - My figures are far from fanciful. I stated that at the end of each year dividends were re-invested. So at the end of year 1 dividends re-invested would have bought you 137 shares. At the end of year 2 dividends re-invested would have bought you 129 shares, year 3 131, year 4 150 and year 5 234. Please do the maths yourself and post your results if you don't agree. As for charges then, yes, you have trading charges but how much detail do you want. What do you think a £10,000 investment in MRCH 5 years ago today would be worth now? I'm interested in your view.
zac0_4
28/9/2020
16:21
Zac0_4 . I think your calculations are fanciful ? You state After 5 years you ended up with 3026 shares in MRCH buying 137 shares each year with your re-invested dividend . I think you are at least 130 shares too high there . Also you fail to mention the charges over 5 years. Can you re-calculate please .
superiorshares
28/9/2020
09:59
Hi. I'm confident that my calculations are correct regarding overall return with dividends re-invested. I agree that you need to be very careful what data you use when making any investment. With regards to funds I carry out my own research and only base a decision on my own information. My top 3 funds over the last 3 years are as follows: L&G Global Technology +103%, LF Blue Whale Growth +70% and Rathbone Global Opps S +61%. So, there is money to be made if you carry out your own research and simply hold and forget. As for, HHI, well, I'm sitting tight. I'm down 28% on my capital but, to date, have received dividends to the value of about 7% of my investment. So, overall sitting on a 21% nett loss. Not one of my better investments!!
zac0_4
28/9/2020
06:59
Zac)_4 I have had another look at the charts . I am not a big chart fan . Have you looked at the Chart and taken the Lowest point over the Last 5 years and said I put my 10,000 pound in then ?. Now with your calculation on the dividends purchasing 137 shares a year , To do that you would have to have the same share price . The reality on MRCH and HHI for that matter anyone who has purchased shares over the Last 4 years has lost an absolute fortune . The chances of anyone putting in lump sums at Low points is Zero . You get Financial big boys that do it. But I think they are in the Know ?. What Funds and Trust do and the financial advisers that sell them. They pick a low point over the last 20 years and then calculate your enormous returns you would get today . As I said before you will meet many a Horse Gambler who will tell you after a Race has been run , They put a £ 1000 pound on the horse that won at 33/1. You will never meet one that will tell you they are going to put a £1000 pound on The horse that is running Tomorrow and it is 33/1
superiorshares
27/9/2020
20:50
Hi SS (again) - here's the data, using calculation in my previous post. £10,000 investment over 5 years with dividends re-invested is now worth as follows for my 3 income paying trusts: HHI £9,444, MRCH £10,772 & HFEL £15,433. As I've stated previously the largest proportion of my portfolio now sits in funds. My largest holding, by far, is in the Fundsmith Equity fund. £10,000 invested there 5 years ago is now worth £25,064. My transition from dividend paying investments into global equity funds will continue when the time is right to do so on an individual basis.
zac0_4
27/9/2020
20:03
Hi SS - I've relooked at my calculation. Obviously, it changes almost daily. I've recalculated using 27th Sept as the date from which share price is taken on an annual basis. A £10,000 investment in MRCH on 27th Sept 2015 would have bought you 2,421 shares. On 27th Sept 2016 you could have bought a further 137 shares with the annual dividend of £581. At that point you now have 2,558 shares. If you repeat the exercise up until 27th Sept 2020 you end up with 3,206 shares. At £3.36 per share that equates to £10,772. I think my maths is correct!
zac0_4
27/9/2020
12:28
zac0_4. I still don`t see that is possible . If you have invested over the Last 5 years in MRCH . If you reinvested all dividends over the last 5 years . It is still not possible . Everything purchased over the last 4 years ish . Is about 30/40 per cent down on your purchase price . That includes all the shares that were purchased when the dividend was re-invested . most of the shares purchased over the last 5 years will have been well over £4 and a fair chunk over £5 . when the dividend was re-invested it would have purchased shares at the same levels Now everything including shares purchased with re invested dividend are now Languishing at £3.36. I don`t see how that gets £10,000 invested over the last five years to £10,900 today. Regards
superiorshares
24/9/2020
21:20
Superiorshares - the figures I posted recently for MRCH were based on all dividends being reinvested on an annual basis. That's how I got to the £10,900 v £10,000 over a 5 year period. Regards
zac0_4
24/9/2020
13:40
Superiorshares. Wouldn't argue much against what you have said. All things will be driven by the duration of the economic impact, and the pace and strength of any economic recovery - if indeed there is any recovery of significance. I note again with concern the further significant drop in price for HHI today. However, the function of Investment Trusts is to flatten and minimise these impacts, and they all will by using their reserves where they need to - these revenue reserves do belong to the shareholders and not the trust itself; they can only be used to supplement temporarily depressed dividend inflows, and for no other purpose whatsoever. Having said that, they are not inexhaustible, and will need to be used carefully, and over limited periods of time. I would not support the reserves being used to increase a dividend for vanity sake, but I might be happy for them to support a maintained dividend for say, 1 or 2 quarters. If things are worse than that, and I suspect that we both agree that they WILL be, then it would be more appropriate for a drawdown of say 10-15% of reserves each year to supplement a still reduced dividend for 4-5 years until they are then exhausted. I guess though that the Investment Trusts Boards do not have a finite plan for that though, as things have never been that bad without the dividend being cut as you suggest. But of course those are just my thoughts as a private investor, and ultimately the logic of the IT Boards can and will be different to mine. Best wishes to all in these difficult times though. NSB
north sea boy
24/9/2020
06:48
North Sea Boy my thoughts on HHI and MRCH . Like BP and SHELL they will have to reduce their dividend Pay out within 12 months . I would be interested in peoples thoughts if they think otherwise .. I`m not interested in people who say Corona is fake , Their will be an enormous recovery, They have x amount of reserves. Go through the dividend payers or lack of them . Go through their fundamentals . Then ask yourself if the Trust are going to run their reserves down to Zero to please their shareholders ????
superiorshares
23/9/2020
18:56
Much higher volume of trades than average today: 535K versus 122K? big price spike down around 10.30 or so; would this be a single very large sell? Not seen any specific adverse news regarding HHI, so this would appear unusual? Any thoughts on this anyone, had just been about to add to my already overweight holding in HHI, but have kept myself in check for now. Best wishes, NSB
north sea boy
22/9/2020
06:55
That Capital destruction continues. Within 12 months time this dividend will be cut . How can they continue to pay it ? Zac0_4 your post is of interest thankyou. Looking at the 5 year chart of Merchants Trust. It would be physically impossible to have invested 10, 000 pound in MRCH over the last 5 years and it now be worth 10, 900 . either with a lump sum or dripped in . If you look at the chart and say "I put my 10,000 in at the lowest point" ( like a gambler tells you he bet on the winning 33 t0 1 horse after the race ). And by magic you put your whole 10 thousand in at the very lowest point over the last 5 years . You would still not have 10,900 now. The reality is anyone who has invested in this over the last 5 years has lost a fortune The biggest capital losses in all the high Divi Trusts are still to come . Its a complete no brainer that they will not be able to sustain these divi payments
superiorshares
15/9/2020
22:07
Same data for my other 2 dividend paying investment trusts. £10,000 invested over 5 years, dividends re-invested. Merchants Trust now worth £10,900. Henderson Far East Income now worth £15,900. I must admit I was surprised at the out-performance of HFEL compared to the 2 UK based trusts. Hope this is of interest.
zac0_4
15/9/2020
20:04
All - I hold here and 2 other dividend paying trusts. My main holdings are funds. My largest holding by far is in the Fundsmith Equity fund. A £10,000 investment 5 years ago here, with dividends re-invested, would today be worth £10,400. A similar £10,000 invested with Fundsmith 5 years ago is today worth £25,900. That's one of the reasons I reduced my investing for dividends. I now only have approx 15% of my portfolio invested for dividend income the balance, 85%, is in funds.
zac0_4
15/9/2020
18:16
Well I recall 20 years ago when I bought some unloved Unilever shares, Technology stocks were all the rage back then too ... I like the 'safety' of 5-7 % dividend yield stocks and re-investing the dividends in other high yielders. With a few more exciting stocks to keep things fun of course.
mister md
15/9/2020
18:01
I've not seen any for while but there were loads of studies in the 80s and 90s that showed dividend payers produced the best returns in the long run if you reinvested the dividends. Here's a slightly more recent example. Https://am.jpmorgan.com/blobcontent/1378404661562/83456/11_295_Dividends%20for%20the%20long%20term.pdf It probably does not hold well at the moment after the recent run-up in tech stocks and fall in dividend payers, but the former look a bit bubbly and the latter a bit oversold so it might reassert itself.
aleman
15/9/2020
17:11
also in all 3, mostly MRCH
mister md
Chat Pages: 3  2  1
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