Sinoenergy Corp (SNEN)

GeoInvesting Third Quarter Guidance Report

Outlook for Fiscal Year 2009:

As of September 30, 2008, Sinoenergy has a total of 16 standard stations over 9 locations opened and operating, in which 11 are located in Wuhan, 2 are located in Ping Ding Shan and 3 are located in Xuancheng. 3 Additional stations are in the commissioning process currently in Wuhan and should begin operations shortly. By the end of 2009, 24 new standard filling stations will be opened, of which 22 will be located in Wuhan and 2 will be located in Ping Ding Shan. A total of 43 standard filling stations are projected to be opened by the end of 2009.

Source: PR Newswire (December 24, 2008)

 Geo^® Note:

On October 10th 2008 the company had issued 2009 EPS Guidance.  However, their is  no reference to these numbers in the current Fourth Quarter report.  The GeoTeam^®believes that it may be prudent to investigate why this is the case before making an investment decision.