james, only had a quick skeg of JAGI's monthly factsheet. Looks like its on a dip and discount. Good increases in divi over the last 5 years. Might have to have a bit more reading to do on this as it looks like it might have potential.
Not sure if JP were more exposed to Evergrande. Charges look normal so it might be a good starting point
Hi richred_uk
Normally the rate is fixed by this announcement based on the previous fx rates during last 7 days etc as its due to be paid soon. Hence the question about approx dividends. I suspect they got this announcement wrong or the numbers dont round.
Still in £ terms its slightly more than when announced back in 2nd Aug
Can you do approximate dividends ? Can they not do a fixed guaranteed price. From the RNS :-
Accordingly, the cash dividend payable on 30 September 2021 will be:
US$0.07 per share;
approximately HK$0.545077 per share; or
approximately £0.051203 per share.
Hi ade2a
To be honest I wasn't aware of the ore prices and wasn't following it. It doesn't bode well if it continues but I'm not hot to trot on how they make their money but suspect this isn't good for them or us. Hopefully there might be an offset, cheaper Tonka toys for Christmas.
SP taking a knock again along with the Chinese Markets.
I suppose this is "as expected", office and industrials good and retail still suffering slightly. The Cheadle, Stanley Green Trading Estate £8m investment looks interesting if it comes off.
A slight improvement in rent collection overall but I don't know how that will play when it comes to dividends but we will find out in November. I suspect the covid news at that time might play on the thinking. Will winter lead to another spike and lockdowns? Hopefully things will be better this time around.
Etotheipi, from memory over 2/3rd are fixed loans and some of the variable is a revolving facility so could be reduced. I suspect that debt levels are under constant review and when rises occur steps will be taken. I suppose it depends on the pace of the rises. You would expect them to cope with an additional 1% or so over time
I note RIO, one of this funds bigger holdings announced its UK dividend rate today.
Good news and with a special. Hopefully Ade2a can add this to his spreadsheet and update us on his findings.
Zac, you don't have to invest for income but I find having some helps now and again especially if you have used up your ISA allowance. If something comes up you have funds available.
With a dividend Declaration date due for 21st, Im hoping that there will be an improvement in what is announced. The current yield is a lowly 2.6%. based on the x2 1.75p payments. Previously the NAV was reported at 286 so currently the price is at a substantial discount. They started a buy back program, understandingly, although I'm generally against companies doing this as they often do it at market highs like PNN. Here it being done only if they are accretive on a per-share net asset value basis.
Currently the price is below the buyback pricing so I have added a few more with the expectation that trading and dividends will improve. Car parks should be reopen and the retail side open. I suspect the dividend rise Im expecting might be held a little longer if the buyback has more time to run but should be good for next year. Pre pandemic divis were 11p.
Hopefully adding before the crowds come back
HL charge for shares separately to funds so the ISA cap can be £90. Plus any managers charges for the fund. Some fund managers even have a performance charge too just in case paying them to do a good job isn't enough.
Oops the price going the wrong way now, I was hoping it would continue to drop.
I was with HL but they were very expensive. There are much cheaper providers depending on the size of your PF and how you trade.
Might wait a bit longer and see what happens price wise but 8% compounded can't be sniffed at.
Nice to see rent collection improvements to 99%
There is an increase in voids but I would expect that to improve in time also. Added to the deal to buy all those extra property things looking up.
LTV just under 40% just outside there range. This is probably my main concern and I would be OK if they allowed it to drift lower or moved the range downward. Still if things are moving forward more gearing is good.
I have a high percentage of these in the PF and think the price might get back to pre pandemic levels. Not sure if I should add a few more or events will mean I hold too much anyway. Nice problems to have.
Looking back at the charts it took a covid dip. Pre this it seems 340 - 380 range. Not a gradual rise on the 5 year chart just bouncing between.
Buy the dips for the income. Probably good for reinvesting divis to improve overall income and increase the PF totals
I was hoping that there was a blip and things would be picking up. I downloaded a spreadsheet with holding and worked out the percentage profits and losses. The Vietnamese holding were +30%. Don't mention Indonesian shares. Perhaps that's behind the blip.
"best way to react to extra tax,make more IMO!" - Or stick it in a tax shelter but Im happy for you to pay more tax :)
I think we should be due another report soon but Im not sure how long after the period it takes to get produced. No dates on the lase one just the period it covers!
It might answer a few questions