wineberry
14 Nov 2017
Cash cow "Still, for risk-tolerant investors, this looks to be an exciting dirt-cheap dividend king." quoted from the Motley Fool comments. Special dividend of 10c recently paid gave a return of 11% before any other normal dividends. Agreed this may not be repeated, but distributions to shareholders are one of its priorities. NAV is now $1.16 - a massive discount. Yes - exposure to currency fluctuations.It's worth looking at the company's investments. They are all in the Far East, and many appear to be private equity companies. I see this as providing a very attractive alternative to other UK Asia/Far East investment trusts. As always, DYOR - definitely for this company.
MJS1234
05 Oct 2017
From Motley Fool I take what MF say with a pinch of salt but thought it was worth postingGLTAMJSEmerging market cash cow If Revolution is not for you, Symphony International Holdings (LSE: SIHL) might be a better buy. Symphony is essentially a private equity investor. The firm is a leading investor in consumer-related businesses, primarily in the healthcare, hospitality and lifestyle sectors in the Asia-Pacific region. This unique strategy has produced some exciting results for investors over the past five years. Last year the company paid out $40m to investors via way of a dividend, equal to around 5.7% of its net asset value. This year, distributions are on track to be even more significant. At the end of last month, Symphony declared a $60.3m distribution equal to $0.10 per share, taking the total dividend paid in 2017 to approximately $82.3m or $0.14 per share for a yield of 17% (Symphony’s shares trade in London but are quoted in US dollars). And as well as the company’s high double-digit dividend yield, the shares also trade at a discount of approximately 33% to net asset value of $1.20 per share.So overall, Symphony is cheap, and the company is returning vast amounts of cash to investors. However, I should point out that as the shares are traded in dollars, investors are exposed to foreign exchange risks, and for this reason, the discount to NAV may never close. Still, for risk-tolerant investors, this looks to be an exciting dirt-cheap dividend king. [link]
MJS1234
05 Oct 2017
Today's fall reflect going ex dividend $0.10 special dividend so no real change.GLTAMJS
nimbo1
21 Feb 2017
Re: Initiation of Buyback Programme Hi HollandI purchased here on the back of reading that article. I think the dividend yield is a lot higher than 2.75. Agreed exact info hard to come by - have a read of the below. [link]
holland44
16 Feb 2017
Re: Initiation of Buyback Programme Share buybacks: it would help if Interactive Investor actually showed the current discount! There's also nothing showing at Trustnet. Morningstar states -32.7%, which ties up with the -32% figure given in today's profile of SIHL by Interactive Investor at [link] take-aways from the article: - it's interesting that Joe Bauernfreund of BTEM thinks SIHL is undervalued, as he has been responsible for a dramatic improvement in the performance of BTEM over the last 18 months and he specialises in identifying investment trusts and family-controlled holding companies operating on large unwarranted discounts. - Symphony offers specialist exposure to a range of Asian companies in the healthcare (18%), hospitality (52%), and lifestyle and branded real estate (20%) sectors, which makes a change when so many private equity investment trusts look mainly to the US. Its chosen sectors sound well-tuned into a long-term trend in the Asia-Pacific region, namely the burgeoning growth of a middle-class population with spare money to spend on healthcare, leisure, insurance and property investment. The company explains its approach to investment here: [link] - the 2.75% yield isn't bad either, for an Asian trust
Stone002
21 Jan 2017
Initiation of Buyback Programme Initiation of Buyback ProgrammeSymphony International Holdings Limited (LSE: SIHL.L), a leading investor in consumer-related businesses, primarily in the healthcare, hospitality, lifestyle, and lifestyle/real estate sectors in the Asia-Pacific region, announces the implementation of an ongoing buyback programme ("Buyback Programme"
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