King Wan Corporation

I think thats not how one earmark investment subsidary into their books.. Rmb the Saga of blumont, liongold, asiason they were investment holding company as well.

In any case, I agree the $0.40 target is fairly visible if its 2 to 2.5cents dividend for FY15 onwards.

Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000

Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!

(22-04-2014, 09:01 AM)cif5000 Wrote: Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000

Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!

957,827,000 is 24.64% of total shares, so should be ~2.99%

(22-04-2014, 09:20 AM)BestPrice Wrote:

(22-04-2014, 09:01 AM)cif5000 Wrote: Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000

Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!

957,827,000 is 24.64% of total shares, so should be ~2.99%

By the way, total shares is 3,888,000,000.

(22-04-2014, 09:21 AM)BestPrice Wrote:

(22-04-2014, 09:20 AM)BestPrice Wrote:

(22-04-2014, 09:01 AM)cif5000 Wrote: Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000

Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!

957,827,000 is 24.64% of total shares, so should be ~2.99%

By the way, total shares is 3,888,000,000.

OIC Thanks!

(22-04-2014, 09:21 AM)BestPrice Wrote:

(22-04-2014, 09:20 AM)BestPrice Wrote:

(22-04-2014, 09:01 AM)cif5000 Wrote: Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000

Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!

957,827,000 is 24.64% of total shares, so should be ~2.99%

By the way, total shares is 3,888,000,000.

Thats true, 100%/24.64% = 4.0584x 957,827,000 shares = approx 3,887,284,902 shares.

Market cap = 3887284902 x 10 baht / 25.75 = $1,511m

$50.2m / $1511m = 3.3% stake

(22-04-2014, 09:35 AM)DP28 Wrote:

(22-04-2014, 09:21 AM)BestPrice Wrote:

(22-04-2014, 09:20 AM)BestPrice Wrote:

(22-04-2014, 09:01 AM)cif5000 Wrote: Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000

Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!

957,827,000 is 24.64% of total shares, so should be ~2.99%

By the way, total shares is 3,888,000,000.

Thats true, 100%/24.64% = 4.0584x 957,827,000 shares = approx 3,887,284,902 shares.

Market cap = 3887284902 x 10 baht / 25.75 = $1,511m

$50.2m / $1511m = 3.3% stake

I read on several websites that total shares is exactly 3,888,000,000.

Hence, 116,318,000/3,888,000,000 is 2.9917181%.

957,827,000/3,888,000,000 is 24.6354681%

is this feasible?

(22-04-2014, 10:18 AM)Stephysim Wrote: is this feasible?

I really dont know how to reply you. Feasibility is objective.

(22-04-2014, 10:18 AM)Stephysim Wrote: is this feasible?

The question itself is not feasible...