||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Real-Time news about Sinosoft (London Stock Exchange): 0 recent articles
|the_doctor: 'a prolonged period at current operating loss rates or losses widening further.
I'm comfortable calling the business a failure in either of those scenarios.'
well, I'm also considering a scenario in which wider economic weakness pushes SFT into a prolonged loss, but the business could be a success when things then improve.
Spending too much of their cash now on things they have no need to spend on, wipes out that shot at making it.
Most companies are trying to conserve cash, particularly those that foresee a period of challenge
They're actions therefore strike me as odd. Maybe the trading wasnt quite as difficult as they made out? Would be handy if they could knock the share price down and buy a load back on the cheap?
'a little extra risk'
I see where you're coming from, but IMO it makes the risk much greater|
|zangdook: Dividend of 0.31p to be paid on the 19th, I make that about 5.75% at a share price of 5.38p. I topped up - the Chinese stocks usually fall too far on bad news and then creep up again. I've seen terrible collapses at GNG and JHL, and a few weeks later all the negativity had evaporated. (It reappeared at JHL, but only at a much higher level.) We're just waiting on the company to give us an explanation and assure us that the ship is being put in order. IMHO.|
|gazza102: Totally agree buggy spend the cash on income/profit generating, not special dividend etc.
Then watch the share price go up.|
Was in SFT about a 18 months ago but sold out at a loss to cover other areas as at that time I did not do any deep analysis and just bought for an exposure to China based on other's tip.
Having done a deeper research this time, I am moving what I can back into SFT, with at least a 2 year investment window. I expect this to multibag several times over in that period.
[Not enough shares in free float so I would not be tempted to trade these besides I do not have time to watch every move of a share price].
They are on a growing area, China. The impressive performance of H2 2009 was achieved even when the SAT program was on hold. They have diversified their range of offering and no longer over dependent on SAT. The acquisition of the new subsidiary will present a hefty kick to turnover, as will SAT whenever it comes on stream again.. but I have discounted the revioval of SAT in my analysis.
Finally I am comfortable investing in this company far more than in some other Chinese companies, due to the perceived lack of corporate governance of some Chinese companies.
I feel I can implicitly trust the management here:
Apparently when this was floated then CEO sold shares worth £2Mill and distributed the proceeds to her workers!!!. Have anyone also noticed that they have not awarded themselves oodles of share options at discount prices as per normal practice. Respects where it is due!!! I am impressed.
Not to forget that they pay a healthy dividend, although my main aim is capital growth but this company covers all the bases.|
|cheeky13: That`s me in this one now ,hopefully we will see a share price recovery in the near future.|
|hugepants: I think due to the cash and net working capital position SJ.
Taihua is another Chinese dog that is long overdue a rerating. 7.5p share price, cash of 9.25 and net working capital of 13p. And profitable. The large spread isnt helping though. Result due this months.|
It is recognised that there is huge potentially market in China. For me however the carrot in SFT was the SAT deal. If they had pulled off the roll out then we will be talking a share price of ££s. It is indicative that their main earner even now is the added services to the regions that have already rolled out SAT.
Without SAT however they will limp along ..making profits but no transformational change in share price or prospect.
I will keep a beedy eye on it for when SAT comes back on tha table. Until then there are other opportunities in the market without tying down cash here.
Like most investment plans there is no obvious right and wrong way, until the fat lady sings and you can either count your winnings or loses ... you just pay your money and take your choice.|
You will get your wish I am sure.
Just a question why buy in a 6p. Is it a fixation with number 6 ....as you could have bought at 4p just about 2-3 weeks ago?
Just wondering ... if 6p is supposedly your lucky number or is it one of those throw away remarks people make without thinking. When the shares were trading around 4p the discount to net asset value was even more ... assuming that was your basis for buying a share.
Those that pushed the shasre price up from the 4p range were betting on the results surprising. Now that the goose that lays the golden egg,SAT project, has been put to sleep you can bet that most will jump soon. Hence if I was you I will wait for it to get back to the same trading range. You can then show your confidence by buying.
Currently though .. for me anyway, without the SAT project this company becomes one of millions of small software houses making ends meet by producing minor application sofware.>>>> No killer application ... no big bang in share price.
With the SAT program they had a killer application , in China, with a massive market .. especially as the Chinese gorvernment was going to make it legally binding that every company files digital claims. Now that this is off the table for the forseable future >>> what is left is a shell ... they may well consider an acquisition because they are aware that what they currently have is not enough.
Considering acquisition and making one though is miles apart. There is also a similar risk to successly acquiring and integration of the acquired company. If they are going to acquire a company that has a huge potential then it begs the question of why the company is selling out. SFT also is not that well heeled and good acquisition targets will come at a prenium >>> risk of significant dilution, share plus cash deal.
I myself see them as being acquired rather than acquiring someone. A company that already have a good product miss in China may view SFT as a back door entry into AIM.|
|beaudelaire: randsys -
As we stand we are at the lower end of SFT share price.
It's just starting so this is the best time to tuck away
a chunk and wait for it to work for you.
I gave it 18 - 24 months before I re-evaluate my positions.
Note the volume picking up too. Something is brewing in the background.|
|masurenguy: "Arthurly - 10 Jul'07 - 702 of 704: This'll go down like a led balloon then ?"
LOL - hope you're referring to his appearance and not the SFT share price !|
Sinosoft Technology share price data is direct from the London Stock Exchange