Sinotel Technologies

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14 years 8 months ago #1724 by Mel
Replied by Mel on topic Re:Sinotel Technologies
SINOTEL WINS NEW PROJECT FROM CHINA UNICOM WORTH RMB15.3 MILLION 􀂃 Wins contract to provide 3G Distribution & Management System to China Unicom worth RMB15.3 million Singapore, 25 August, 2009 – Sinotel Technologies Limited (“Sinotel” or the “Group”), an innovator in the provision of wireless telecommunications infrastructure and solutions in the PRC, is pleased to announce that the Group has won a contract worth RMB15.3 million from China Unicom (“Telco”) to design and develop a 3G Distribution & Management System. The 3G Distribution & Management System is a proprietary solution designed to manage China Unicom’s elaborate distribution network. With the system, China Unicom will be able to manage and keep track of its nationwide 3G sales and distribution channels between the Telco, its distributors and exclusive third-party vendors across 31 provinces. Mr Jia Yue Ting (“贾跃亭”), Executive Chairman of Sinotel commented, “We are pleased that China Unicom has decided to award the development of its 3G Distribution and Management System to us. The design of proprietary systems has always been a key strength of Sinotel and such projects let us understand our customer’s business better. This project represents a significant milestone for the Group as we will be given the chance to work with all China Unicom’s 31 branches when deploying the system.”

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14 years 8 months ago #1729 by Mel
Replied by Mel on topic Re:Sinotel Technologies
Singapore, 26 August, 2009 – Sinotel Technologies Limited (“Sinotel” or the “Company”), an innovator in the provision of wireless telecommunications infrastructure and solutions in the PRC, is pleased to announce that the Company has been invited to participate in the prestigious Rodman & Renshaw Annual Global Investment Conference to be held at the New York Palace Hotel in New York City from 9 to 11 September, 2009. The conference is expected to draw more than 2500 investment professionals from around the world and Sinotel will have the opportunity to participate in the corporate presentation, Q&A, one-on-one investor meetings, and daily networking sessions. Dr Alan Greenspan, the former Chairman of the Board of Governors of the Federal Reserve System will open the conference as a keynote speaker. The conference is organised by Rodman & Renshaw, LLC (“R&R”), a subsidiary of Rodman & Renshaw Capital Group, Inc. (a company listed in NASDAQ). R&R is a full service investment bank offering investment banking services, sales and trading, research and the organisation of conferences. R&R maintained a leading position in PIPE (private investment in public equity) transaction deal volume for the first quarter of 2009, gaining the top position in PlacementTracker\'s PIPE Market League Tables, published by Sagient Research Systems. Rodman was also the number one ranked PIPE advisor by deal volume for all of 2008, 2007, 2006 and 2005. The Company believes the conference will be a good platform to present our business opportunities to US investors and will complement our plans to establish an American Depositary Receipt Facility (“ADR”) in United States.

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14 years 8 months ago #1737 by Dongdaemun
Replied by Dongdaemun on topic Re:Sinotel Technologies
this is what sebastian chong posted at www.shareowl.com today: My total holding in Sinotel is now 3 times the no of shares that I sold off at 24 cts and which I first bought at 15 to 16 cents. Bought back at 28 cents twice the number that I sold at 24 cts. And yesterday I increasedmy stake by 50% by buying at 47.5 cts. Was wondering whether to double my stake yesterday but never mind. Better not be too greedy. At least I can still claim to have an adequately diversified portfolio. My exposure to Sinotel is about the same as exposure to GuocoLeisure. Now I am going to sit tightly on both these stocks and over 20 other stocks. But my biggest exposure is certainly to the Jardines Group - Jardine C&C, JSH and JMH.

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14 years 8 months ago #1755 by Mel
Replied by Mel on topic Re:Sinotel Technologies
Sinotel now at 65 cts! Looks like the ang-mohs are buying after listening to Sinotel\'s presentation at the prestigious Rodman & Renshaw Annual Global Investment Conference on 11 September 2009 - last Friday. This conference drew more than 2,500 investment professionals from around the world and Sinotel had the opportunity to participate in the corporate presentation and daily networking sessions

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14 years 8 months ago #1757 by Mel
Replied by Mel on topic Re:Sinotel Technologies
sept 15: The Board of Directors (the “Board”) of Sinotel Technologies Ltd. (the “Company”; together with its subsidiaries, the “Group” ) is pleased to announce that the Company’s application for the establishment of an ADR program in the United States of America (“US”) has been approved by the U.S. Securities and Exchange Commission and effected on Monday, 14 September 2009, New York time. Each Sinotel ADR represents 20 ordinary shares and trades on the over‐the‐counter (OTC) market.

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14 years 7 months ago #1764 by Mel
Replied by Mel on topic Re:Sinotel Technologies
posting by Sebastian at www.shareowl.com yesterday: I am still holding on to my shares in Sinotel bought at weighted average price of 21 cents and representing a PE of less than 2. At current price of 71.5 cts, the estimated PE based on 2009 EPS is less than 7. Still cheap for a tech stock with high profit margin, high ROE and earnings growth. Between Sinotel and Anwell Technologies (still in the early stage of commercialising its thin film solar panels), Sinotel is clearly a safer stock since its execution capabilities on info-comm solutions for big telcos has been proven already. As long as you don\'t put more than 20% of your portfolio value into it (or any other single small cap stock for that matter) and you are still a young executive or professional with good earning power, it should not be a problem buying more at current price. For retirees, putting more than 10% of portfolio value into any single small cap stock is risky. I am referring to equities portfolio value and not total wealth which of course includes real estate etc.

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