KING WAN CORP -- loads of cash

The IPO Price of KTIS, and the valuation, will come out any day now (assuming the mid-July IPO date is unchanged). That will give us a better idea of the upside potential of KTIS shares -- and by extension the upside capital gain of the KTIS shares held by King Wan Corp.

Nice showing today with closing at 31.5 cents.

Downside risks -- IPO of KTIS goes thru but the stock price does not pop. Or worse still, the stock of KTIS goes below IPO price.

The day is coming. Now 33.5 cents

It's already Week 3 of July and no sign of KTIS.

The IPO price itself has yet to be fixed. Could it be that the investor response is lukewarm?

The OSK-DMG report is linked here for reader interest:
research.osk188.com/attachments/68/osk-r...41951a6cfd345cae.pdf

No announcement by KTIS of a cancellation of its IPO, therefore it is still going to happen, except there is obviously some delay (again!).

The stock price of King Wan is very firm @ 32 cents on high volume, which also tells me that things are going to happen. Only main thing left is to hope the IPO price will cheong upon listing of KTIS. It will certainly trigger a run in King Wan. Ok, fasten yr seat belt!

King Wan's AGM is on Tuesday -- anyone is going? If you are, please ask the bosses about KTIS. It's getting delayed again or is there some problem?