Sinotel Fundamental Analysis

• Current Price = $0.335
• IPO Price = $0.464
• Current NAV = $0.365
• Current PE = 4.57
• Rolling PE = 4.64
• FY08 PE =6.68
• FY07 PE = 8.43
• Dividend Yield = None
• FY09 Net Profit Margin = 26.1%
• FY09 ROA = 17.3%
• FY09 ROE = 23.9%
• FY09 Current Ratio = 3.34
• FY09 Debt to Equity = 0.294

Sinotel Current Chart Pattern

Sinotel is forming a Descending Triangle with the support at $0.329. Breaking below this support level will continue Sinotel down trend. Also take note that Sinotal is currently trading below 20D, 50D and 200D MA.

In Summary, Sinotel fundamental looks good and currently price is not overvalue comparing current & Rolling PE with the past PE.  As long as Sinotel can stay above $0.329, current level looks like a good entry level.