I note from SI Fact Sheet that Sinotel is trading at a PER of about 9.5x. Is there justification for such a PER? Is it benchmarked to peers or is it based on the potential growth of the Company? If I am not wrong, Sinotel is a component maker, but do they do OEM? The margins may not be very fantastic (I have not glanced at their financials) and this industry may have low barriers to entry. Power of customers may come into play too in terms of pricing, depending on whom they supply to. It would be helpful to do a simple Porter\'s 5-Forces analysis, and SWOT as well if possible. This can help flesh out the qualitative aspects of the business. Cheers.
dear musicwhiz, looks like you are not familiar with Sinotel. Sinotel provides wireless network solutions to telcos in China. If you want to see the peer comparison and the PE figure, you can read DBS Vickers\' initiation report. There are excerpts of it at
www.nextinsight.net/content/view/1753/79/
My friend called Sinotel - they said got money to pay website lah. (by the way, only US$100 a year, something like that). The website is down as they are moving to a new server. Will be back on the Web in a few days. Dont be so kia...:laugh: :laugh: