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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 equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Comment by Doug2Bon Mar 07, 2016 10:42am
169 Views
Post# 24629640

RE:RE:Petrofac's Recovery

RE:RE:Petrofac's RecoveryWhen the new chief took over at Ithaca, over 2 years ago now, the design of FPF-1 was reviewed and altered.  It was assumed at the time that this was due to the flow tests for the first GSA wells being stronger than expected.

Not that I would suggest that this was the primary cause of the delays for this project, but it did cause some initial delays.

The key point here is that if Petrofac had any doubts about the current timetable, we would have been told when Petrofac reported in February.  Any further delays from here are likely to be an inconsequential week or two here and there.

We now have a high probability of Stella first oil before winter and a high probability of a steadily rising oil price byn the end of the year.  A lot of money should be made by Ithaca investors who can avoid the urge to take early profits.  The key here will be to ignore how much the share price has risen and to assess the value of the shares solely based on forward earnings and growth relative to the current price - easy to do this at current levels, much harder when the share price has risen another three fold.

Doug
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