Sinoenergy Corp (SNEN) research, news, and more from GeoInvesting

Company description

Thu, 17 Jul 2008 04:00:00 GMT

Sinoenergy is a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment as well as a developer and operator of retail CNG stations in China. In addition to its CNG related products, the Company manufactures a wide variety of pressure containers for use in different industries, including the design and manufacture of various types of pressure containers in the petroleum and chemical industries, the metallurgy and electricity generation industries and the food and brewery industries.

Source: Press (July 15, 2008)

Comments & Business Outlook

Fri, 26 Dec 2008 05:00:00 GMT

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.

Special Note

Fri, 18 Jul 2008 04:00:00 GMT

SINE may qualify as a GeoBargain. The GeoTeam is researching the story and will have more information shortly.