Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Greater China Junior Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (1505)	8/28/2007 11:36:35 PM
From: RealMuLan	Read Replies (1) \| Respond to of 1992

en.wikipedia.org

To: Julius Wong who wrote (1505)	8/29/2007 6:38:49 AM
From: Julius Wong	Respond to of 1992

>> By late 2007 SNEN will begin operating the first of its own chain of 70 planned CNG stations for taxi and bus fleets in Wuhan, Pingdingshan and Xuancheng, three of China's most populous cities. << en.wikipedia.org Wuhan is number 10 Pingdingshan is number 59 Xuancheng not in the top 87

To: Julius Wong who wrote (1505)	9/2/2007 1:18:42 PM
From: InvestingInChina	Read Replies (1) \| Respond to of 1992

"Wuhan is a large city. Pingdingshan and Xuancheng are mid-size cities." Agreed. (How can one not agree- it's a fact.) Seems Westminster took a few liberties in their PR. Frankly, I also think $6.75 is a bit steep for SNEN as a 12 month target. I'm long the stock and am very bullish on it as a value investment in a fast growning sector (thanks to Chinese regulation), combined with their land "ownership" for the next 50 years, allowing them to lease part of it if they want, or obtain favorable bank financing in the future. All that said, I think a PE multiple of 10 for 2008 income of $15M, or .43/share fully diluted (their stated projections) gives a SP of $4.30. Even with this conservative estimate, SNEN has a lot of room for sp appreciation over the next 12 months as it now trades between $2.40-2.70/share. All JMHO. I've been wrong before! regards,