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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

Comment by crow27on Nov 26, 2016 11:28am
156 Views
Post# 25516892

RE:RE:RE:Hard To Say

RE:RE:RE:Hard To SayOne may never know what the exact problem is but it may have nothing to do with the Junction boxes themselves but with the terminations of the wires in the box. Maybe the style of lug or terminal block was not up to par or maybe in-line fuses were missed. It is hard to believe that they installed the wrong class/div of box in process area. I know it is gray area in the code but this is something that is taked about lots and hashed out before every installation.
What ever it is I am glad they caught it as this could have been big trouble down the road and I'm not talking money losses.
This is all part of the commissing and inspection process and we all want this FPF-1 to perform wonders for us all and maybe this fix will pay off in spades.
No one wanted this unit to be up and running more than the Crow but that's how it rolls sometimes.
This short delay will soon be forgotten once we start hammering out 30,000 plus boepd from this HUB.
This may have also given them some extra time to prepare the FPF-1 for the future pipeline exporting pumps etc, and thus reduced the outage when the final tie-in takes place.
Les is no dummy and I believe his team has a very good handle on this whole operation.
This DELAY may equel BIG PAY 
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