Member Info for brooksy

Im in for one quater of my target holding and will more than likely be topping up monday. GL craig

The cash in the bank makes a 10million market cap look way too low, and over double the 10 million in assets including cash.

The target is a 12 month target, although could be reached by the year end.

Theres abit below were my low target is 12p this is based on all the information gathered and the continued growth aided by the purchase of the company Skyinformation at the end of july.

Thanks, just passing on what ive found out, no point keeping everything youve researched to yourself.

http://www.proactiveinvestors.com.hk/stock_news/1275-sinosoft-acquires-skyinformation-gaining-two-software-licences-for-development.html

Based on the exchange rate of 1 GBP = 1.67154 USD craig

Market cap only £10million - Against cash in bank of £7,449,640.52 Assets including current £14,963,086.80 and none current £6,276,749.86, gives us a total of £21,239,836.66 including cash. Gross profit up 18.7% to toal £5,144,950. Net profit was down to £1,974,225. , this was because they invested more in Research & development which was up 26% as they introduce new products and expand over china. To sum it up - Continue to grow year after year, Pays dividend, NO DEBT, broker rating (strong buy), Expanding the company, Director buys ins in june, Out of the 165 million shares Only around 60million in public hands. This company has great room for growth check further down the posts for a great article. WHOKNEW- The upside i see on this is 12p based on the above and that is a low estimate.

ive been holding CYAN quite a while and will continue to long term the news this week was exellent.

meant to read the bit ABOUT!

cant find anything against this company everything seems to look positive, the bit abit growth stocks looks exiting to say the least.

Taking notice of my bluddy reasearch lol.!

http://www.sinosoft-technology.com/upload/uploadFile/issue/upload_17960.pdf further director buys in the last month.

guy thomas 750,000 taking his holding to 5.490 million. and only 32.2 million in the open market out of a total of 165.582 million

STRONG BUY rating given by brokers only 1 of though.

More to come yet mate, NO DEBT, with £21,259,407.91 assets including the cash.

the company has £7,454,765.59 cash in the bank, against a market cap of just 10 million.

http://www.fool.co.uk/news/investing/company-comment/2009/07/16/15-growth-stocks.aspx

SINOSOFT TECHNOLOGY PLC - 'SINOSOFT' OR THE 'COMPANY' ACQUISITION OF SOFTWARE COMPANY TO AID DOMESTIC EXPANSION PLANS Sinosoft, the China-based developer and provider of software and IT solutions to Chinese regional and national government agencies and export enterprises, is pleased to announce the acquisition of Jiangsu SkyInformation Co., Ltd. ('SkyInformation') a China based software company for a cash consideration of RMB4.7 million (c. £420,000). The consideration is payable in two installments; one on 10 August 2009 and a second payment on 31 January 2010. SkyInformation was founded in 2005 to focus on software coding research and has two software copyrights. Sinosoft will be able to use SkyInformation's software license to further develop new products and apply for the corresponding government grants that are available to Chinese registered companies. The Company is hopeful that following the acquisition of SkyInformation the enlarged group will immediately be better placed to win government mandates that were otherwise not eligible to foreign invested companies such as Nanjing Skytech and Nanjing Software. Ms Xin, Chief Executive of Sinosoft, commented: 'This acquisition is the ideal catalyst for our stated aim of expanding Sinosoft's successful government outsourcing business across China. The management feel that now is the right time in the economic cycle to make this purchase and we are fully focused on maximising the opportunity'

ive started looking into this company this week, im in for a quarter of my target holding, year on year sales grow and even pays a dividend, also a massive amount of cash in the bank. i will continue researching over the weekend.