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

Voya Asia Pacific High Dividend Equity Income Fund > IAE to Become Lowest Cost Producer in the North Sea

<< Previous

Bullboard Posts

Next >>

Post by Kenshoon Jul 24, 2016 12:59pm

187 Views

Post# 25079680

IAE to Become Lowest Cost Producer in the North Sea

as well as benefitting from cost margins that are EXCEPTIONAL according to Dr. Dougie Youngson a oil and gas analyst with FinnCap. This link is a short interview with Youngson that occurred just after the AGM (thanks to Colebrooke1 on the iii board). According to Youngson, due to this pipeline feed news, FinnCap has now basically doubled their estimate of the share price for IAE to 96p or just over $1.65 CND. This is now more in line with the RBC target of $1.50. Although it is important to remember that the RBC target was set prior to IAE announcing the pipeline feed. So, we can expect the next RBC report to show a higher target I would think. We are getting closer to that $2.25 share price that is required for the $3.00 takeout on a 35% premium from the Delek Group. It also shows us why the Delek Group would be interested in aquiring IAE with this exceptionally low cost production hub. We're getting there folks. Word is beginning to spread. Hang in for the payoff.

https://tinyurl.com/zm6tj3z

<< Previous

Bullboard Posts

Next >>

The top 10 Canadian medical stocks