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Heading up soon... let see
marubozu1688 ( Date: 13-Feb-2010 11:05) Posted:
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Watch this support of $0.46 to $0.47 closely.
http://mystocksinvesting.com/singapore-stocks/sinotel/sinotel-reached-the-breakout-price-target/
May free fall if the support is broken.
It is now $0.1 below the placement price of $0.575
High chance the BB will push it higher above the placement now.
Keep a look out for any good chance.
All the best to those who had vested and good luck
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4A11F1878D652AF7482576C500376FCA/$file/Sinotel-Re-allocationofIPOProceeds.pdf?openelement
SINOTEL TECHNOLOGIES LTD.
(Incorporated in Singapore) (Company Registration Number: 200614275R)RE-ALLOCATION OF IPO PROCEEDS
The Board of Directors of Sinotel Technologies Ltd. (the "Company", and together with its subsidiaries, the "Group") refers to the issue of 70,000,000 new shares at S$0.51 each in the capital of the Company pursuant to the initial public offering of its shares on 12 November 2007 (the "IPO").
The Company wishes to update that it will re-allocate the balance IPO proceeds of S$2.0 million as general working capital of the Group. The original usage was to expand the Group’s presence in the mobile entertainment segment. As part of its ordinary course of business, the Group has disposed of its Mobile Media Streaming Platform (the "Platform") by way of a sale to China Unicom for the consideration of RMB24.85 million and will no longer need the funds for the original intended purpose. The Platform has not generated any income to the Group in the past. The sale of the Platform will contribute a gain of approximately RMB11 million to the results of the Group for the year ended 31 December 2009.
By Order of the Board
Jia Yue Ting
Executive Chairman
9 February 2010
CHANGTIAN PLASTIC: US fund manager who luvs (some) S-chips
ANDREW BARRON WORDEN is a His total shareholding together with the funds managed is 34,911,000 shares, or 5.29%.
The latest S-chip he is buying into is Changtian Plastic & Chemical, which manufactures chemical-based products serving the packaging, water treatment and oil sectors.
The company announced yesterday (Feb 8) that Andrew Barron Worden has crossed the 5% shareholding threshold with a 3,081,000 share purchase on Feb 4 and 5 at 20.2 cents apiece.
Mr Worden, 44, is chairman and CEO of Barron Partners LP, which is a private investment fund specializing in micro-caps (barronpartners.com/management.html).
On his sparse website (andrewworden.net/), he says he has more than 20 years of experience founding, managing, analyzing and investing with public and private companies
Barron and Mr Worden’s other holdings:
* China Kunda: 9.37% stake, or 33 million shares.
* Sinotel Technologies: Last reported on Aug 31 to be holding 4.33% or 12.2 million shares, which was a comedown from 5.05%. Since Barron and Worden had ceased to be a substantial shareholder, they no longer had to declare their shareholding.
As with Sinotel, similarly with China Kunda: Barron and Worden has sold off at least some holding within months. In late Dec, they sold 500,000 shares of China Kunda.
( *.*). . . ( - -) . . ( - -)( - -) . ( *.*).( *.*). ( - - ) . .( *.*). (- - ) (- - ) . . 0.475 now
( - -)( - -) . ( *.*).( *.*). ( - - ) . .( *.*). (- - ) (- - )( - -) . ( *.*).( *.*).
(Below placement price of S$0.5755...... )
tradersgx ( Date: 04-Feb-2010 17:28) Posted:
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Serve them right, placement at $0.675. Those so called investor who buy them at discount price $0.675 will now loss money.Great it is their karma.
Hee Hee. I am very happy now.
Drop la, all the way to $0.38 soon. Do cut lost b4 too late or cry with no tear for CNY.
Monday Asia stocks will be reboun, yesterday us stock up 10 points.
NEW YORK - A battered stock market recovered from a sharp drop in late trading Friday but still posted its fourth straight weekly drop.
The Dow Jones industrials, down nearly 170 points in afternoon trading, clawed their way back to finish with a gain of 10. But more stocks fell than rose on the New York Stock Exchange as investors contended with another series of troubling signals about the global economy.
Investors are concerned that European governments will have trouble getting their massive deficits under control. The Labor Department, meanwhile, offered only scant hope of improvement in the jobs market in its closely watched monthly report.
Anything more than 40cents dun buy.
May hit 34cents before rebounding meaningfully.
Not vested
marubozu1688 ( Date: 04-Feb-2010 18:51) Posted:
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Sinotel is heading towards $0.46 tecnically.
http://mystocksinvesting.com/singapore-stocks/sinotel/sinotel-heading-towards-the-breakout-price-target/
(Below placement price of S$0.5755...... )
Bon3260 ( Date: 03-Feb-2010 13:10) Posted:
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SINOTEL TECHNOLOGIES LTD.
(Incorporated in the Republic of Singapore) Company Registration Number: 200614275R www.sinotel.com.sg Page 1 of 3 NEWS RELEASESINOTEL WINS NEW CUSTOMER, SECURES RECURRING MAINTENANCE CONTRACT FROM CHINA TELECOM
•
• Secures maintenance contract for 183 stations in Shanxi province
• Provides monthly recurring revenue stream for the Group
Adds state-owned China Telecom to its list of reputable customersSingapore, 03 February, 2010
The contract officially marks the addition of China Telecom to the Group’s list of reputable customers, which already includes China Mobile and China Unicom.
Said Mr Jia Yue Ting (
– Sinotel Technologies Ltd. ("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 successfully won a maintenance contract from state-owned China Telecom. 贾跃亭), Executive Chairman of Sinotel, "The addition of China Telecom to our customer base signifies the growing confidence Telcos have on Sinotel. The winning of this contract marks a significant breakthrough for the Group, securing our first maintenance project that will provide a steady stream of revenue to complement our wireless networks business."The contract will require Sinotel to provide maintenance services to 183 stations, consisting of repeaters and indoor wireless coverage systems in the Shanxi province.
SINOTEL TECHNOLOGIES LTD. (Incorporated in the Republic of Singapore) Company Registration Number: 200614275R www.sinotel.com.sg Page 2 of 3ABOUT SINOTEL TECHNOLOGIES LTD.
Sinotel began operating in 2002 as merely a handset distributor and has evolved into a wireless telecommunications innovator that provides a wide range of customized applications and solutions across the telecommunication value chain. Having only started in Shanxi six years ago, the Group’s business now spans across eight other major provinces. Sinotel serves reputable customers like major telecommunications companies, China Unicom and China Mobile.
The Group’s key Network Infrastructure Solution is its proprietary multi-carrier wireless system, which enhances customers’ wireless telecommunication networks and is compatible with various communication networks such as GSM, CDMA, PHS and WLAN as well as 3G networks such as WCDMA and CDMA2000.
The Company’s Network Support Solutions can be integrated into existing telecommunication network infrastructure to deploy new and enhanced voice communication services for wireless communication users and manage provision of increasingly popular value-added data services.
The Group recently ventured into two new business segments, the distribution of 3G network cards and development of the Emergency Mobile Communications System ("EMCS").
3G network cards are essentially PC cards that enable mobile users the ability to connect wirelessly to the internet. Sinotel is one of the pioneers to have developed and distributed the 3G network card in collaboration with its partner China Unicom.
The EMCS is a mobile RF (Radio Frequency) communications system mounted on top of a vehicle. The EMCS is able to restore network coverage
SINOTEL TECHNOLOGIES LTD. (Incorporated in the Republic of Singapore) Company Registration Number: 200614275R www.sinotel.com.sg Page 3 of 3to trouble stricken areas or functions as a booster at places with high capacity demands.
Through the development of its proprietary wireless telecommunication applications and solutions, the Group aims to be the leading 3G wireless telecommunication solutions provider in the PRC.
Sinotel Technologies was listed on the Main Board of the SGX-ST on November 12, 2007.
For more information, please contact:
Ben Ng
VP, Corporate Communications and IR
Mobile : (65) 9168 9988
Email : ben@sinotel.com.sg
03 February, 2010
Bon3260 ( Date: 02-Feb-2010 21:42) Posted:
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lsj840428,
R u saying dat u sold Sinotel @ 0.515. & buy back 0.525 again?
('',)
lsj840428 ( Date: 02-Feb-2010 21:55) Posted:
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NEWS RELEASE: SINOTEL WINS NEW CUSTOMER, SECURES RECURRING MAINTENANCE CONTRACT FROM CHINA TELECOM.
Refer to SGX.com.
( - -). . . ( - -) . . ( - -)( - -) . . . ( - - ) . . . (- - ) . . (- - ) . . . . . . 0.515
(Below placement price of S$0.5755...... )