abrdn Emerging Markets Equity Income Fund Inc T.AEF

Primary Symbol: AEF

abrdn Emerging Markets Equity Income Fund, Inc. (the Fund) is a non-diversified closed-end, management investment company. The Fund's investment objective is to seek to provide both current income and long-term capital appreciation. The Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in emerging markets equity securities. The Fund invests in a range of sectors, including information technology, financials, consumer discretionary, materials, industrials, communication services, energy, consumer staples, utilities, real estate, health care, private equity, and short-term investment. The Fund's investment adviser is abrdn Investments Limited. abrdn Investments Limited is an indirect, wholly owned subsidiary of abrdn plc.

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abrdn Emerging Markets Equity Income Fund Inc > Nov 2016 - NAV $11 to $14 per share

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Comment by nini222on Mar 08, 2018 2:59pm

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Post# 27685660

RE:Nov 2016 - NAV $11 to $14 per share

Makes me sick. They clearly over paid for those deals and had no clue how to run that business they are trying to sell. Melman is a crook...should have known not to ignore that tax conviction.

Think about this, if the sale doesnt go through they will have to enter creditor protection....I dont know of any situation where a company goes into creditor protection that ends up having any equity value left over.

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