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 > Knock, Knock, Knocking On Heavens Door

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Comment by crow27on Oct 15, 2016 6:57pm

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Post# 25347680

RE:RE:Knock, Knock, Knocking On Heavens Door

No one really knows what will happen when OPEC meets but I think the pain is running very deep for the OPEC cartel and they need higher prices asap. I think they realize that they can not crush the US shale boys so I believe they know they just have to live with them. Many years of projects have been shuttered and with that went the investment. I believe now they feel that they can get oil up for a good run due to the fact that no one will open up the flood gates on investment with $60.00-$70.00 oil. I think oil will have to go much higher before the deep pockets open again and then it takes years to build these new projects.
Russia knows that if they play a part in this OPEC production cut then things will happen a lot quicker for everyone. Russia can make a lot of money if they cut back a bit and get oil above $60.00.
None of these countries ever seem to get along but you know that they all like to make money
I beleive these guys are now thinking about today and not whats going to happen 3 to 5 years from now. Get the price of oil up now and ride that wave until the next collapse ................... which we all know will happen.
Delek is in the drivers seat when it comes to buying Ithaca. They own 20% of the company already and they have their top guns on the Ithaca board. Ithaca is a turning out to be a very well run company with years of good solid production all around the Stella field. I feel Delek wants in and when Stella production comes on line then I think we have some sort of offer.
We are sitting at $1.32 with 52.00 Brent. If Brent can rise to that $60.00 range and our production numbers from Stella are for real then this should be a $2.00 plus stock very quickly and will go higher from there. Once we get in that range then I feel Delek will pull the trigger and buy us out.
Since Delek could not make a deal with Enquest this also may get them moving on the Ithaca offer?
But we all know that anything can happen and probably will. I see Ithaca doing a nice climb either way as once oil goes up then their debt will be dropping fast and that will get our SP moving north.

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