Sinotel Technologies

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14 years 7 months ago #1765 by coolblue
Replied by coolblue on topic Re:Sinotel Technologies
Hi am new here. wat resist. pt u looking at for sinotel? yest very high vol. but tody seems sell down but look hold well at 71 (hope so).

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14 years 7 months ago #1766 by Dongdaemun
Replied by Dongdaemun on topic Re:Sinotel Technologies
forget the technical analysis charts. this is a fundamental story - abt the multi-billion dollar 3G programme in China, and it\'s abt a small player (Sinotel) which will become fat with profits from the 3G programme. One day, sinotel will reach $1.50 (for a PE of around 12X)

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14 years 7 months ago #1767 by coolblue
Replied by coolblue on topic Re:Sinotel Technologies
how far is the one day? am keen only short term.

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14 years 7 months ago #1776 by Mel
Replied by Mel on topic Re:Sinotel Technologies
sinotel seems to be in a correction + consolidation phase, as early investors take profit - huge profit. good to hv these people out of the way, so new investors can hold the stock for the next price upmove. no guarantee on further upside of course but the industry is booming and sinotel should do well for at least 2 years more - just hope nobody there screws up or tries those funny things that S-chip managements hv done and fallen on their faces.

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14 years 7 months ago #1779 by coolblue
Replied by coolblue on topic Re:Sinotel Technologies
my godness sinotel! STI only now drop 8 pt but it keep heading down! shld hv cut loss earlier alama after selling ease off will it head back to high again??!!

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14 years 7 months ago #1785 by Dongdaemun
Replied by Dongdaemun on topic Re:Sinotel Technologies
oi when will the ADR start trading? this is going to be a big catalyst for the stock price, assuming the US fund managers are keen on the 3G potential as i believe they should be. another big factor in sinotel\'s favor is that its peers are trading at far higher valuations currently. if the US fund managers buy the sinotel ADR, the broker has to buy the sinotel shares in Singapore to package into the ADR. considering that sinotel is a small cap, if the US fund managers buy in a meaningful way, the demand will cause the stock price to reach $1.00 - one day ....

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