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.

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Voya Asia Pacific High Dividend Equity Income Fund

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Comment by Resilienceon Apr 01, 2012 3:18am

550 Views

Post# 19744483

Bottom Line $ 4.75 -> get real

> $ 4 is highly unlikely and $ 4.75 is ridiculous.

Have a look at the reserve report, it's half gas: around 24 mln 2P is oil & condensates, the rest is gas.

With 276 mln f/d shares outstanding $ 4.75 would value 2 p at $ 26 per barrel of which more than half is still not producing! Get real.

With half gas and not all producing yet $18 would be a great p/b = $ 3.27, throw in the tax shield (forget about the cash because that's needed for development) and we'd all be lucking to get $ 3,75.

Above $4 would require a small miracle.

R

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From now on, dynaCERT instead of Bitcoin or NVIDIA?