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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 Kenshoon Mar 22, 2016 1:28pm
140 Views
Post# 24688655

RE:RE:RE:Ithaca - UK Price Moving Up

RE:RE:RE:Ithaca - UK Price Moving UpDoug, maybe with a little luck on this stock, you get back there.  Sounds like a good place to spend some Ithaca cash.  I am thinking in terms of $.  However, my thinking is that is the starting point.  My feeling, and as Clive rightly has pointed out, who the 'ell knows, but my feelilng is that if the report tomorrow confirms Petrofac's NR, then we will see an immediate consolidation in the mid-$60s and then probably significant upward movement from there to at least a double as the FPF-1 gets on site.  And from there I believe this company will be sold for all the reason I have laid out in earlier posts.  The most relevant being that those old time board members, like Jack Lee, the Chair and largest shareholder, will want to complete this 10 year project and cash in on all their work and perseverance.  As I have pointed out before, the UK government will begin to lean on the IAE board to get rid of old blood and bring in the new if this company continues past this year, and if that were to happen then people like Jack may not get the options that they deserve.  I don't see that happening.  So with a sale maybe we get a Banker's Petroleum buyout and push the share price up another 75% to 100% and get something north of $2.00.  Everything has to align but hey, we are clearly into a new oil bull market so who knows.
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