King Wan Corporation

[Aldar]

For those speculating that an IPO will be launched this month, please google "Kaset plans 2014 IPO" (FYI, KTIS has up to Feb 2014 to list). Someone should ask King Wan to update investors about the latest indicative IPO timeline of KTIS. <Not Vested>

Whilst market sentiments are depressed by US,
Sugar No.14 delivery has improved from May 2013, which will be good for sugar industry

US cent per pound (Year 2013)

May 20.31
Jun 19.56
Jul 20.46
Aug 21.36
Sep 21.58

Source indexmundi

The ongoing trend of depressed low sugar prices is mostly due to glut in supply, and a recent bounce/recovery in sugar prices, would have benefited KTIS.

However, the Thai government is also encouraging its rice farmers to switch to sugar with the aim of increasing cane plantation areas by 70% over the next three years which could possibly contribute to the supply glut situation.

http://www.bloomberg.com/news/2013-10-07...ction.html

The best way to find out more about the progress of the IPO is to contact friends at Kasikorn Bank, the main bookrunner for the IPO of KTIS.

Or we can just check the financial and operating results of competitor Khon Kaen Sugar (Ticker: KSL TB).

Actually what are the odds that the IPO would not even happen?