Member Info for ade2a

Gerry

Dividends come at a cost especially large ones.

Rio and BHP are paying a substantial special dividend.
In Financial markets there is no free lunch.
Some of you may have noted that the iron ore price has crashed from $220 to $104 currently and the implications this has for future dividends of these shares. The iron ore price may recover but it highlights the risk.

After buybacks are announced which is supposed to support the share price Aviva has underperformed L&G.
Never liked buy backs I favour cash much more.
Am I missing something?

adeg1

Some good analysis there my friend.

If that turns out to be accurate the NAV per share will increase by more than the buy backs.
Requires some trust and skill by the managers.
History has not been kind to buybacks by UK financial stocks.

Directors have been buying which is a good sign.
Certainly there is a lot of hope.

Personally I would rather take cold hard cash and reinvest myself if I consider the stock to be cheap.

Gerry,

I am not sure what other points you may have.
Surely you cannot expect me to answer the same 50 posts.

If you post a new and genuine question I will answer it I suggest a new thread.

Redceo

It is a myth that they are giving cash to anyone.
The purpose of a share buyback is to pump up the price as many comments already mentioned by increasing earnings per share.

Like to know you views, I see it as management pumping up the share price to pad their own returns rather than returning cash.
Many companies buy back their own shares when times are good = higher share prices and have rights issues when times are bad = lower share prices.

It is not what i like to see from the managers but most companies are doing it these days.

To all email me at ade2a2000@yahoo.co.uk

Gerry.

I have the same comment as for Zac and anyone else.
If your interest is genuine email me at ade2a@yahoo.co.uk.

There is no point rehashing the same old arguments.

Gerry

"HFEL are over distributing".

This is opinion not fact.
You are welcome to your opinion

Zac

There are ways of increasing the earnings of HFEL beyond that of dividends paid by underlying companies. The two are not the same which is why reported earnings cover the dividends paid by HFEL.

For the sake of everyone's sanity it is surely time to put this subject to bed.
Zac if your interest is genuine email me to continue the conversation ade2a2000@yahoo.co.uk.

Yes it is an interesting topic. If interested I can go through it with you email me.

Zac

I have quoted my sources many times in previous posts.
If you genuinely interested do not take my word.
Check the yields on the stocks held by the fund yourself. If you do not want to and don't agree with my analysis this is your prerogative.

Gerry has challenged me among others many, many times and I have responded.

To all,

Sorry but Gerry has been repeatedly asking me the same questions.

To Zac,
Thank you for the question.
I do not know exactly how big the shortfall is but it appears to me the gap is closing.
You may be aware that BHP and RIO two large holdings just doubled their dividends.

We can have a watchlist and monitor the yields for those who are interested.

If you do not have anything to ask I have nothing more to add.

New topics can be started on a new thread.

Gerry and friends,

Don't know why I do not have any friends on this forum.
You can tell me

Gerry.

Forgot to capitalise you name sorry.

To all

"the 49 holdings yields are less than the actual fund".
This is your quote and you say nobody disagrees.

From gerry

Gerry et al,

"You are the only one that has turned that statement into an assumption that HFEL is paying more out in divis than its earning".

I did not, to be clear HFEL is not paying out more than it is earning. it seems some would like me to state it.

What I stated was the fund pays more than it earns from dividends on the underlying holdings.
To some you say it does not matter to you.

HI Gerry

'I can only wish you the best'
You say it but I do not think you do honestly.

"that's why we agree with you that the saying is true but pointless"

If only you and your friends said that 30, 40, 50 posts earlier.

To many at HFEL but not all.

Are you afraid of different opinions.

Gerry,

Seems we are back to coded insults again now.