KING WAN CORP -- loads of cash

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?

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.

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

Will investors sell their REITs (~5% yield) and buy King Wan Corp (~10% yield)? No brainer, la

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.

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