WH: growth play called@ 4.01

WH, reached 4.99 on May 20, 5.21 today, now 5.2(+9.47%) called(Bought some WH@4.01, selling target:4.2,4.4, 4.8 stop: 3.7 -May 14) //ER:0.21, dividend of $0.45 payable on Jul 6.//once up +24.4% within 5 trading days...or +29.93% within 3 weeks


WUXI, China, March 16 /PRNewswire-Asia-FirstCall/ -- WSP Holdings Limited (NYSE: WH - News; "WSP" or the "Company") today announced that its board of directors declared an ordinary cash dividend in the amount of US$0.15 per ordinary share, or US$0.30 per ADS, and an one-time special cash dividend in the amount of US$0.225 per ordinary share, or US$0.45 per ADS, out of WSP's annual profits for the years ended December 31, 2007 and 2008. The ordinary cash dividend is payable on April 6, 2009 to shareholders of record at the close of business on March 30, 2009. The special cash dividend is payable on July 6, 2009 to shareholders of record at the close of business on June 30, 2009.