King Wan.. need advice...

Hi.. looking at King Wan for it's potential special dividend.. but I came across a website and I gathered some information.

foreverfinancialfreedom.blogspot.sg/2014...action-king-wan.html

Quote: " Do note also that the KTIS is held as an investment holding so they are being marked to market value and this may affect the earnings and NAV. Other risks may also avail in the form of lower projects, higher tightening labor costs and competition and loans it made to its associates. These are things that needs to be considered."

Then I happened to compare the share price of KTIS for Q3 (31 Dec 2014) and the coming Q4(31 Mar 2015)


As you can see, Q3 results was when KTIS share price was at it's high of $11.6 baht (31 Dec 2014) and coming Q4 results was when KTIS share price was at it's low of $9.55 baht (31 Mar 2015).
Does it mean it's earning and NAV will be negatively affected?
Thanks

I would agree that the weakness in KTIS share price will have to flow through to the bottomline of King Wan via a fair value adjustment. Surprisingly, the King Wan share is getting stronger. My 2-cents worth is that the dividend to be declared will be nice. nice.

I am right about my worries. KTIS share price actually make the final results poorer and no special dividend. Lucky I never buy based on hope of a special dividend. I think share price will drop on Tuesday due to many investors bought on hope of special dividend.

www.sharejunction.com/sharejunction/list...14155&msgbdName=King Wan&topicTitle=Special Dividend May Be Incoming

they didn't promise any special dividend in the first place. its only one own wishful thinking.

For income investors: AK might nibble at King Wan

singaporeanstocksinvestor.blogspot.sg/20...ng-wan-corp-ltd.html

such a sorry stock.

"In all, the company booked a net loss of SGD17.9mn for FY16. It is evident the losses are solely due to their failed investments. Management has overestimated their investment prowess."

value-edge.com/2016/06/08/the-rise-and-f...ing-wan-corporation/

But every dog will have its day.