Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Voya Asia Pacific High Dividend Equity Income Fund > FPF-1 value
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by KeithR39on Aug 12, 2016 1:23pm
86 Views
Post# 25136439

RE:RE:RE:RE:RE:RE:RE:RE:RE:FPF-1 value

RE:RE:RE:RE:RE:RE:RE:RE:RE:FPF-1 valueThat's it Londoner, the contract is saying that Petrofac has to provide the FPF-1 unit to Ithaca/Dyas in exchange of 20% of Stella/Harrier production (and no other developements arround).

So, Ithaca and Dyas are receiving PFP-1 now and it has a huge market value that is not yet included in Ithaca Balance sheet. The analysts are accounting an estimation of the future revenues less the total debt for Ithaca shares valuation without taking the Ithaca stake in PFP-1 market value (yet), which would be more than the actual debt. And it will have to be taken into account soon with the execution of the contract just happenning now.

For the upgrade of the unit that has been added to the original contract, I remember it was clearly written on a NR that it would increase the pumping capacity of FPF-1, presumably in order to connect with other feilds arround Stella. I'll try to find it back.

Good exchange guys, thanks
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities