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Lebed.biz Alert – Don’t doubt me about SINO!
Posted on 14 March 2010 by admin
Don't doubt me about my new speculative rating of 2 pick Sino-Global Shipping America Ltd (SINO). I strongly believe you need to research SINO immediately. It has been a long time since I was this confident about a China stock.
The stock market is currently ridiculously overvalued because of the Federal Reserve's artificially low interest rates. After the melt-down of late-2008, we are currently experiencing a melt-up with Americans rushing to buy stocks without any care in the world about their fundamentals. This is a very dangerous situation and I would never rush into buying a stock that didn't have sound fundamentals.
Instead of chasing overvalued stocks that have already run, I decided to spend the past week researching hundreds of companies, trying to discover if there are any stocks left that are fundamentally undervalued. I came up with SINO, which by far stood out as the biggest opportunity I am aware of out of all non-gold/silver stocks in the market today.
China is the world's largest exporter of goods. China has used their huge trade surplus and high savings rate to build up trillions of dollars in foreign currency reserves. In my opinion, China will soon allow their currency the RMB to appreciate in value, which means China will export less goods and consume more of the goods they produce on their own. They will also use their strengthening currency to increase their imports of commodities from countries like Australia.
I consider SINO to be the company that is best positioned to capitalize on China's upcoming import boom. SINO was recently named one of the top 10 shipping agency companies in all of China. They have local branches in seven of China's 76 ports
and contractual arrangements in all other ports in Mainland China in
which they do not have branch offices. They even have a wholly-owned operating subsidiary in Perth, Australia, which is where China will be receiving a large amount of their commodity imports from!
SINO's revenues were up an unbelievable 48.2% in 2Q 2010 over 2Q 2009 to $6.6 million, you heard me right... 48.2% revenue growth! I am not joking!
I consider SINO to have almost no downside risk at $3.18 because it has $2.45 per share in cash! Yes, SINO has a $7.1 million cash position and NO debt!
I know SINO sounds too good to be true, so as with all of my picks I strongly urge you to do your own due diligence and verify what I say. Never make investment decisions based on anything I say!
Just to me clear, I don't hold any position in SINO. I rarely hold a position in any of my picks and if I do it is always fully disclosed. I care about my Lebed.biz members more than anybody else in the world. Trust me when I tell you that 99.9% of all other stock newsletter writers out there care only about themselves and NOT their members.
I am selfish in a way because I do care about my personal track record. I love being able to point back to huge winners that I discovered. Discovering huge winners for my members makes me a lot more happy than making money for myself. I don't care about making money for myself, if I did... I would be quietly accumulating SINO right now and not sharing my research with anybody.
I am not greedy for money, I am greedy for respect and it is picks like SINO that separate myself from every other stock picker in the world!
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Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
Jonathan Lebed
Lebed.biz
Staff
Lebed.biz
Staff
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