Forget....SINGTEL FOREEVER kiss SINTEL goodbye:kiss: Second DREAM :silly: CM China Mobile Telecom International Limited DElisted by LI Kah Shing\'s son (FORGOT his name) NOW it is listed in HKEX Last\'s Dividend cheque in HK$ was INsufficient to cover the Singapore Bank\'s Collection Charges. another DREAM BURST like BUBBLES :silly: :huh: :dry: :silly: :blink: :side: :blink: What if later SINOTEL is DElisted like CM?
SGX is NOT a SAFE place for investment of FOREIGN stocks. Just like FOREIGN TALENT, FOREIGN STOCK canNOT DElist themselves just ANYTIME whenever they are UNsatisfied with SGX\'s Performance.... Anything FOREIGN has NO ROOTS will just TRHOW IN THE TOWEL:silly: And Leave BEHIND ALL THE PAINS & REGRETS :woohoo:
Sinotel + 2 c = 49.5 c. Cheap isnt it at 5X PE? Full-year results coming .... Better not disappoint. Already their ADR effort doesnt seem to be fruitful as far as fund manager interest in the US is concerned. Long time no newsflow on Nextinsight also re Sinotel.
Sinotel is grossly oversold at 46 cents. (unless you know of accounting issues). Sinotel has announced that the company has been awarded the first phase of China Unicom\'s 3G Online Sales & Marketing System which is worth around $2.2 million. China Unicom has indicated that the budget allocated for the 3G Online Sales and Marketing System is close to $22 million, and expects the completion of the first phase over the next eighteen months. China Unicom till date has only awarded contracts for the first phase which is part of a several phase roll out. China Unicom had announced that going forward their strategy will be to concentrate more on automated online sales and marketing, rather than traditional sales channels. The System will slowly become China Unicom\'s key platform for sales of 3G products and services and will be step across the country. The main functions of the System are to help subscribers and distributors to freely acquire 3G products and services online. To inform potential customers on China Unicom\'s products and services and to allow China Unicom to observe and examine its subscriber\'s needs so they can be in a better position to provide competitive products and services in the future. Jia Yue Ting, executive chairman of Sinotel stated that they were delighted to have been given the opportunity to work with China Unicom. He feels that this project will give Sinotel an opportunity to know their customers as well as understand China Unicom\'s operations, even though design and supply of proprietary solutions has always been a challenging area. Sinotel has also announced that as of December 31, 2009, it had close to $51.5 million worth of firm orders which they expect will be completed and delivered during 2010.