Greyinvestor
28 Jan 2016
Very good value I'm still adding these and loving the value that they offer. Yield currently 6.1%, discount over 10% and this is the state of the Singapore economy;[link] quite what you read in the papers, is it?Of course S E Asia is quite indebted, but not as much as we are......
Greyinvestor
19 Jan 2016
Re: Still adding The EPS has been flat for the last three years, at around 8.2p, so on the face of it the company has no scope to increase dividends. But the market has fallen drastically over the last twelve months, so it should now be possible to secure higher dividends from companies of reasonable quality. There are lots of companies in the region which are now on P/E ratios of around 10, so they have plenty of scope to maintain or increase their dividends.My conclusion is that we should expect the current DPS to keep pace with inflation, but no more.This is what the company said at the August half year;Looking ahead, your Investment Manager expects earnings growth to be in the low single-digits this year. While the balance sheets of your Company's holdings remain resilient, and dividend payout ratios are generally being held steady, the muted outlook for earnings growth means we are unlikely to see a significant increase in absolute dividends in the year ahead. My viewpoint is that I am more than happy with an income of around 5.5%. If it just about keeps pace with inflation that will be fine with me. Note the words above 'absolute dividends'; I'm not sure how you would interpret them, mine would be inflation proof, theirs might be non inflation proof.
North of the River
19 Jan 2016
Re: Still adding I hold some of these too, sadly much higher average. Bought these to diversify my income, so not too worried, will look to top up soon. They restructured the dividend this year to make more balanced payouts each quarter (good news) at 2p per quarter. However they just upped the last quarter dividend to 2.5p so making it 8.5p for the year (previously 8p). Seems their confident on the dividend front and they are buying back shares.
azzalyzarc
19 Jan 2016
Re: Still adding I have built HFEL and JEMI holdings so far, but not AAIF - had always been a on a prem I think. Tempted now though to diversify for this sector - and I see AAIF has a lower China allocation than others.However - how secure is the dividend? Any thoughts?
Greyinvestor
19 Jan 2016
Still adding I'm still adding to my pile of these. Who can resist such a discount and yield?
Greyinvestor
08 Jan 2016
Topping up I'm steadily topping up with more of these at good prices. I feel rather sorry for the many small investors, all of whom seem to be selling at these low prices.
Greyinvestor
16 Dec 2015
Still adding I'm still adding these shares. In my view they are heavily oversold. They have performed badly, with the far eastern markets falling, combined with falling currencies. On top of that the shares now trade at a large discount.In my view this represents an excellent buying opportunity. A Buy for me, but DYOR......
Greyinvestor
14 Nov 2015
Re: Performance True, but I'm still adding AAIF!
allthatglistens
11 Nov 2015
Performance Interesting one year chart of performance against Schroder Oriental Income.
Greyinvestor
27 Aug 2015
Top ups I've been topping up my AAIF holding. They seem like reasonable value just now......
ZEAMI
10 Jun 2015
Re: The evil among us.....? I am frankly puzzled by the attacks on shorters. More often than not share prices are ramped up by insiders, analysts and investors with a vested interest. in increasing the SP. So what is wrong with trying to drive the SP down in a free market. There are already laws against out and out fraud, libel and insider trading. Possibly there is a case for tightening some of these up. But occasionally shorters do everyone a service by exposing dodgy directors. However I certainly do object to any shares I may own being borrowed without my permission and or without getting a rent myself. Ultimately it is up to the individual investor to DYOR and follow their own instincts. Personally I do not short as the majority of short trades do not work out and I am a long term investor, but I have benefited from shorters in the past by buying up the shorted shares cheaply for a long term gain or by getting out of a position early if I agree with the shorters story.
Greyinvestor
09 Jun 2015
Doubled up Doubled up on these today, not a huge holding but developing steadily.........
