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Voya Asia Pacific High Dividend Equity Income Fund T.IAE


Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Post by zorgon1on Jan 30, 2012 10:28am
429 Views
Post# 19464684

The Future

The Future

My concern is not so much how these talks progress but having the FPSO safely arrive in the Mediterranean.  After that, risks drop significantly for the project in my mind and 2012 production rates should produce a cash flow which would imply a stock price of $3.30 at a modest P/CF ratio of 3.0.  This should be achieved by mid year so that's my absolute low ball price by this summer - takeover or not.  Of course, there are lots of reasons one could argue higher share price and production numbers but that's still an all but guaranteed 20% upside in 5 months - once we're in the Mediterranean.

  On a risk reward basis, I'm very comfortable using these conservative numbers as a base case.

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