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 > Well 2 resutls

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Comment by RionsRunon Oct 26, 2013 7:57pm

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Post# 21851929

RE:Well 2 resutls

Hi Tommy, I am newer to Ithaca than you so this may not be accurate.

I give Stella 2-A an approximate 85% chance of success (CoS). But listen to some of the old timers here.

This is from July before the big surprise of the first well.

GSA and Alma/Galia - does the upside justify the risk?

Over the next 18 months production growth will depend on GSA for Ithaca and

Alma/Galia for EnQuest. Based on our analysis, the market gives full value for EnQuest’s producing assets and partially prices in upside from Alma/Galia. Ithaca Energy, on the other hand, trades below the value of its producing assets and any upside from GSA is not priced in. However, even if we assume that the current share price equals the value of the producing base (for both stocks), Ithaca’s GSA has higher unrisked upside (71%) than EnQuest’s Alma/Galia (29%). We note that in our valuation we risk both developments at 80% CoS and do not exercise any judgement over the quality of the assets or the management teams’ capabilities.

https://www.investorvillage.com/mbthread.asp?mb=12391&tid=12961930&showall=1

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