Shares & Derivatives
King Wan Corp – A Future Worth Buying Into?
By Valuestocks.sg  •  December 29, 2013
King Wan is an interesting company highlighted by a few readers. It is not a straightforward company to describe given its diverse businesses. Bloomberg describes King Wan as a company which provides mechanical and electrical engineering services. The Company also owns, rents, operates mobile lavatories and other facilities, makes UPVC pipes and fittings, and develops properties. It also makes and sells paints, varnishes and painting inks.  I assure you it is more than what Bloomberg said, which you will read about in the later paragraphs.
King Wan 5 year price chart. Source: Bloomberg Finance
As we can see from the above price chart, King Wan has been garnering substantial investor interest in 2013. Price rose sharply from 20 cents and stabilised in the trading range between 27 to 32 cents.  At last traded price of 29 cents, is there further upside? At last close = 29 cents, King ......
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By Valuestocks.sg
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