KING WAN CORP -- loads of cash

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11 years 4 months ago #14080 by Mel
Results coming out end May? If the listing of the Thai sugar company hasn't taken place by end May, can King Wan still propose 2.5 cent dividend?

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11 years 4 months ago #14089 by Mel
Now I know why 9.5 million shares traded today.

www.bangkokpost.com/business/news/350897...hoots-for-q3-listing

"If the SEC does not ask for more details, our shares should start trading by the second week of July," he said.
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11 years 4 months ago #14160 by Mel
Oh I see! The special dividend has been delayed by 1 Quarter, according to the OSK analyst. No worries! Goes to show that in the stock market, we cannot take the occurrence of any event as certain.

www.remisiers.org/cms_images/research/Ma...Preview_20130522.pdf
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11 years 4 months ago #14191 by Joes
Will investors sell their REITs (~5% yield) and buy King Wan Corp (~10% yield)? No brainer, la

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11 years 4 months ago #14196 by Mel
Replied by Mel on topic KING WAN CORP -- loads of cash
The volume today was huge at 8,241,000. And the stock closed +2 cents at 32 cents. Results coming out in 2 days time. The dividend yield for this stock is about 9.375% annually, if the 3-cent a year materialises as OSK said. We will know in 1Q of FY2014, not the final year results in 2 days time.
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11 years 4 months ago #14199 by pine
Replied by pine on topic KING WAN CORP -- loads of cash
Made $ from this one. Still holding. Solid stock highlighted in this forum. Got a few more which I like, incl SINO GRANDNESS, the mother of all S-chips. Almost a 4-bagger in 1 yar

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