Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by CapeBretonon Feb 17, 2013 10:28pm
152 Views
Post# 21004209

RE: My 2 cents worth

RE: My 2 cents worth

this post kinda sums it up at the moment.  We had offers, and a BoD with little in the game, felt it the privilige to reject this offer without even consulting shareholders, let alone inform shareholders...I still dont know how many suitors, what potential offers......I think even management was working towards a deal and was surpised by the events...regardless the sp took the hit and small investors and funds were told 8 months ago to wait for value, well 8 months is a longtime in the market, people can say all they want about being patient, and I agree, but Athena was supposed to be the key to unlock value and it has not, so ofcourse you have funds trying to get a flip out of this stock, heck sitting at $2, this could be sold a 2.50 or less!!!   Even a low ball bid of $3 would get enough shareholders approval, this is just a fact....you said you would grap it, heck of course you would, thats the name of the game, make money now, and go somewhere else and make more money.....what fund manager would not take a 50% offer over the current stock value.....SOLD!  Question is why havent we had a hostile bid, this I can not answer, certainly not our balance sheet.  I think we are still too far from Stella, and interested parties want drilling and hook-up completed before making a move.  I am not necessarily pro these recent events, but I sure as heck understand them, and the more I have read the more I must recognize the serious nature of recent events, JEC isnt just experimenting, they have a formula, they have done this before, and it could get messy!

Bullboard Posts
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse