Ripley94
19 Aug 2018
Results out AAIF… XXXX Thanks Greyinvester interesting .
Greyinvestor
17 Aug 2018
Results out One last quote from the report: Following a tepid start to the year, valuations across Asia are below historic averages and at a discount to global markets, presenting attractive investment opportunities
Greyinvestor
17 Aug 2018
Suddenly Top Of My Watch List Results out today…
Greyinvestor
17 Aug 2018
Results out Just read the half year results again. EPS was down a fraction at 5.01p versus a divi of 4.5p (paid in two chunks). So that’s why they’ve held the divi. It doesn’t mean that much, just that they’ve bought lower yielding investments… My other big yielding investment trust in S E Asia is HFEL, in which I also have a large holding.
Greyinvestor
17 Aug 2018
Results out Results out of AAIF today. They seem pretty good. AAIF is my second largest shareholding, I have a serious number of shares. My only reservation is that the projected divi this year is 9p, the same as last year. I’m surprised and a bit disappointed that it hasn’t been increased by maybe 3% this year. What with currency movements and increased earnings, it should be possible.
devonplay
22 Jun 2018
Suddenly Top Of My Watch List Maybe I’m feeling brave, but I’ve wanted to hold these for some time. discount 8.6 according to HL May have a look after next week. I believe HFEL goes ex-div next week. DL
II Editor
26 Apr 2018
NEW ARTICLE: Number of high-yield investment trusts up 50%! "Stormy equity markets the past three months have impacted on the share prices of many investment trusts, pushing dividend yields upwards - and throwing out new opportunities for income-seekers.According to a new report from broker Stifel, there ..."[link]
Greyinvestor
15 Apr 2018
Dividend unchanged I note that the first dividend of the year is unchanged, which is mildly disappointing.I do hope that management propose to hike the dividend at some point in the year......
War Loan Ranger
04 Jan 2018
Re: Static dividend Well, 21 months on from my last post and the share price is up 50 per cent or so, plus you’ve had nearly 2 years’ worth of dividends at 5 per cent plus, so a total return in excess of 60 per cent. Enjoyed the ride?What now? Well, Asian equities are about average value compared with their history, not bad when you consider how expensive the US is on that metric. The Chinese economy has held up, the Asian hinterland is riding on its coat tails and earnings revisions are now much more optimistic. Since the yield is still in excess of 4 per cent, and dividend growth will probably pick up from here, there still seems plenty to go for. And the dollar, whose strength was a problem in 2016, is now weak. Go figure....
Greyinvestor
20 Apr 2016
Re: Static dividend Couldn't agree more. I've now got a bucket load of these, already sitting on a decent profit. Plus another bucketload of HFEL, bought a few years back. I think that I'm right in saying that there are five times more high yielders to choose from in S E Asia than there are in Europe, where big divi payers tend to be a handful of UK quoted companies, most of which have poor growth prospects.......
War Loan Ranger
19 Apr 2016
Re: Static dividend I have bought quite a lot of this in recent months. Asian markets have been under pressure from a strong dollar and the Chinese slowdown, but still represent the most industrious part of the world with some of the most positive long term demographics. There are plenty of high yielding blue chips with strong balance sheets and decent dividend growth potential in the medium term. And yet AAIF yields much the same as one of the high income UK equity investment trusts, and more than some. This is the wrong relationship, and I expect AAIF to be rerated over time. Hopefully it's already begun! A total return of more than 10 per cent per annum including the dividend should be possible (5 per cent yield, 3 per cent real GDP growth, 2 per cent inflation, and a bit extra for rerating and gearing). Not that demanding really....
Greyinvestor
15 Apr 2016
Re: Static dividend That's a good post. I am a big holder of AAIF and HFEL. I'm not selling any, they are a crucial long term investment for me, and a good yielder too.This is an interesting guide also;[link]
North of the River
15 Apr 2016
Re: Static dividend Hi Greyinvestor,I also hold these and have recently added, the Divi may be static but reckon they will look to top up the final dividend ( at least I hope so). Charles Stanley direct website put up a brief article on this pasted below.Asian dividends: Ripe for the picking?High yielding investment trusts investing in Asia could represent an interesting opportunity given weak investor sentiment towards the region. Ben Johnson looks at two options in the sector.Ben Johnson in Direct Comment, 13th Apr 2016 10:27amBen JohnsonSchroders’ head of Asia equities King Fuei Lee believes Asia’s ageing population could help drive demand for high dividend paying assets and he thinks these stocks are “looking as ripe as ever for the picking”. Whether his assertion is correct is open for debate, but we wanted to share two of our favourite income-generating ideas in the region. Although neither of these close ended products appears on our Foundation Fundlist, we believe they are worth consideration based on their reputable management teams, attractive yields and discounts to net asset value.Schroder Oriental Income FundManager Matthew Dobbs has been investing in Asia for three decades and has been at the helm of the Schroder Oriental Income Fund since its launch in 2005. It is a top quartile performer across five and ten years within the IT Asia Pacific ex Japan equities sector - but please note, past performance is not a guide to future returns. The company’s dividend has grown every year since inception and its current yield exceeds 4.3%, although it is should be noted this figure is variable and not guaranteed.The manager benefits from access to Schroders’ extensive network of analysts situated in the region, offering their research expertise. The composition of the portfolio contrasts markedly with the typical Asian Pacific fund; Australia and Hong Kong each receive an allocation in excess of 20%, while China, Asia’s biggest economy, has a relatively modest weighting of around 10%. having light exposure to China (relative to its peers), the manager has limited the impact of the country’s economic slowdown, which has been a catalyst for global recessionary concerns.The fact that Schroder Oriental Income Fund is a closed ended company means the share price won’t necessarily reflect the value of the underlying assets. The current price actually represents a discount to net asset value of around 3%, presenting potential investors with an interesting entry point.Aberdeen Asian Income FundThe Aberdeen Asian Income Fund is an investment company that aims to grow capital and deliver a rising income by investing in the Asia Pacific region, excluding Japan. It is run by an experienced management team that use a bottom-up method to locate quality businesses at reasonable valuations.The portfolio is fairly concentrated around 60 Asian securities including light fixed-income exposure of around 7.5%. With regards to equities, Singapore accounts for more than a quarter of total exposure whilst China receives a diminutive 4.4% weighting; this represents a significant deviation from the index’s geographic allocation. Among the company’s top holdings is banking giant HSBC, a business exposed to the well-documented slowdown in Asia and the movements in the share price have reflected these troubles. However, it has thus far maintained its dividend, making it one of the highest yielding stocks in the portfolio.In terms of sector allocation the portfolio is well diversified if slightly skewed towards communications services companies such as Singapore Telecommunications and Taiwan Mobile, both of which feature in its top ten holdings. Aberdeen Asian Income Fund is currently trading at a considerable discount in excess of 10% and yields 5.3% (variable and not guaranteed), which may appeal to bargain-hunting or income-seeking investors looking to increase their exposure to this dynamic region.This w
Greyinvestor
15 Apr 2016
Static dividend I note that the first interim dividend is unchanged at 2p. This may mean a static dividend for the year; a bit depressing but still a decent yield.....
Ripley94
21 Feb 2016
Re: Very good value Cracking contrarian .. II 17 Feb 2016
