Member Info for Macminchus

What is going on.... as far as i can see there is no new news but the share price is flying over the last few days.

Hi guys, just joined the party at 132. Hoping to learn more about the company and growth going forward.

Completely agree. Loading up where I can

Hopefully the Jurassic park game will start to move the sp in the right direction. I’m massively under water here. Started buying around £20 …..DOH only need a 6/7x to get my money back lol….

Own new rate reducer mortgage scheme is being launched on Monday. This is making new build properties more attractive to buyers than the 2nd hand market. Launching initially with Barratts

Am i reading this correctly, if they have 27 million in sales going through they only need to raise 23 million in some way to fund the bond?

I’ve just topped up today. Rates are going to start to fall, we’re hopefully seeing the top end of rates and once they start to fall this share will benefit massively

He may end up buying the company

I cant see why they don't reduce the dividend to pay down some debts. The share price has already been hit so much debt reduction needs to be key in the recovery of the company. They either reduce the dividend or they raise capital. Either way it’s going to be some dilution for us shareholders.

Thu, 24th Nov 2022 11:32

RNS Number : 5204H
Henderson Far East Income Limited
24 November 2022

London, UK, 24 November 2022



Edison issues update on Henderson Far East Income (HFEL)

In our last review of Henderson Far East Income in July, Attractive yield despite modest dividend increase, we drew attention to the dividend increase from what is comfortably the highest yielding fund in the AIC Asia Pacific Equity Income sector. It was pleasing to see that in the company's published full year results to the end of August, the dividends paid by the company were covered and that over £1m was added to the revenue reserves over this period. In this note we examine the drivers of performance, although it must be acknowledged that the weakness of sterling has been a tailwind for the portfolio's capital and income returns.



Overall, the managers are cognisant of the risks and are very modestly geared, but the portfolio trades on around 8x forward price to earnings and, with the market trading on c 1.1x book value, historically this has been at or near the bottom of the trading range for Asian equities over the past 30 years. The focus remains on identifying the highest quality, best value companies that can benefit from the secular growth in the region, driven by factors such as a growing affluent middle class and the transition to clean energy. Overall, the investment approach provides a high income and differentiated returns profile that would add diversification to other Asian funds or for those seeking income.

I just bought in on Friday so hopefully you’re not. Looks a solid company to me.

We’re still only at a P/E ratio of 13/14. Mab1 at something like 52. Lsl has so much potential growth ahead of it.

Well, I’ve joined the party today, just a small holding but looking forward to learning more about the company.

I'm gutted that I didn't put more in when it was cheaper even though I've been second guessing myself why this is not trading on the same PE ratio as MAB1.

this company just keeps on giving. another top up today at £4.00 for me. the financial service side of this company is going to fly. Profits up, investment for a digital age, things are really starting to move.

No idea what else they need to do to show they are an FS business. MAB1 here we come https://www.lse.co.uk/rns/LSL/major-financial-services-contract-win-vdicj61xklsiq9a.html

results tomorrow.... looking forward to them.

https://thenegotiator.co.uk/lsl-joint-venture-mortgages-pollen-street/?utm_source=BriefYourMarket&utm_medium=Newsletter%2c+Email&utm_term=&utm_content=LSL+launch+%7c+Agent+appeal+%7c+Proptech+exclusive&utm_campaign=Instance%3a+thenegotiator.briefyourmarket.com+-+MessageId%3a+1966

https://www.lse.co.uk/rns/LSL/announcement-of-163200m-jv-with-pollen-street-81es3cpp4wkvp3h.html

Another reasons to compare lsl to mab1 LSL Property Svcs. - Announcement of £200m JV with Pollen Street #LSL @LSLPS https://www.**********.co.uk/rns/announcement/53588320-1dbf-42c6-b9f3-9fb1c7d25f9f #********** undefined

Just had to pay £3.36 per share. This has slowly been trending upwards. Once the results come out and they confirm they are moving towards more of a financial services company the stock will re rate. I keep looking at MAB1 as a competitor not the estate agents.