That's what I've been counting on. Been holding since Jan.

Bought up a starter of this one last week... you guys think this one will keep going up till this year's Olympics?

I like this stock

Looks like we found the bottom/base to rebuild from. On watch for more developments.

Great, looks like they have some things going for them here.

Good SXPT News out:

Sino Express Travel Announces New Property Developments in Yangjiang, China

Sino Express Travel Limited (OTC:SXPT) announced that it has signed a Memorandum of Understanding with Profit Gateway International Limited to acquire properties in Yangjiang, where the Marine Silk Road Museum of Guangdong is located. The first acquisition, of which the cost of US$400,000 would be settled by the issuance of SXPT restricted common shares at 15 cents per share, involves a 6-storey building and is expected to be completed within 60 days. The building has a total area of around 10,000 square foot and it is about 5 minutes from a public beach and 10 minutes from the museum. Sino intends to convert the building to a 40-room budget hotel complex targeting increased tourism demand. Sino projects to generate US$200,000 in revenue and US$100,000 in profit for this building, making this acquisition 2 times the projected revenue. Sino will continue to negotiate with Profit Gateway International Limited for further acquisitions in the area.

Sino previously acquired Southern Silver Resort & Beach, a resort hotel located near the Marine Silk Road Museum. Upon completion, the museum will consist of an exhibition hall on shore and an underground exhibition hall (costing around US$22 million), and it will showcase relics of the so-called maritime Silk Road including sunken ships of the Sung Dynasty (960-1279). Recently, the 800-year-old merchant boat, dubbed the Nanhai No. 1, was hoisted from the bottom of the sea and moved to the museum. The sunken ship, loaded with ancient artifacts, and the museum are sure to attract a lot of interest to Yangjiang, Guangdong province, China. With the newly acquired building, Sino would be able to capture a larger share of the increasing tourism demand to the area.

About Sino Express Travel Limited

Sino Express Travel Limited (www.sinoexpresstravel.com) is an investor and developer of scenic spots and tourist destinations in China. Sino intends to grow its business by acquiring and operating a diversified portfolio of resort hotels and tourist attractions. It plans to search for good value targets at suitable locations in China with high potential for further development in the areas of scenic, cultural and historical extensions.

Forward looking statement

Certain information contained in these materials is “forward-looking” information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.


Sino Express Travel Limited
Jinghui Wang, (86) 20-83346112
ir@sinoexpresstravel.com




Source: Business Wire (January 3, 2008 - 6:32 AM EST)

News by QuoteMedia
www.quotemedia.com

np, could be something brewing :)

thanks

OTC Reporter has a profile out on SXPT

http://www.otcreporter.com/Reportdetails.asp?rptid=152

You are still holding Wang? what is your take on the latest PR? ty

What do u know about the company? thanks

Do you still follow the story StockBum? -Gecko

Are you still in? Looks like there was news a few weeks ago...This stock is quite under the radar...-Gecko

Sino Express Travel Announces New Business Direction in the Development of Tourist Destinations in China and Acquires Southern Silver Resort & Beach
Monday November 26, 6:00 am ET

HONG KONG--(BUSINESS WIRE)--Sino Express Travel Limited (OTC:SXPT - News) announced that it has commenced a new business direction in the investment and development of tourist spots and travel destinations in China. At US$96 billion in 2005 revenues, China’s tourism business is expected to grow at 8.7% per year in the coming 10 years according to the World Travel & Tourism Council. There is a high demand for new local tourist destinations, driven by the booming Chinese domestic tourism. Sino’s management believes Sino’s shareholders would see the advantages of the change in business direction, which creates better opportunities in a growing sector and increases valuations from properties.

Sino recently acquired 100% interest in Southern Silver Resort & Beach (“Southern Silver”), a resort hotel located at the southern coast of Guangdong, China. The transaction is settled by the issuance of SXPT restricted common shares, cash and other assets. Southern Silver, valued at over US$20 million by professional surveyor, consists of a resort hotel, an amusement park, private beach access, recreational facilities and a portion of undeveloped land; and it produces about US$500,000 net profit. Furthermore, the provincial government is developing and promoting a US$23 million maritime museum, Nanhai No. 1 Museum, near Southern Silver. It is expected that the city planning expansion and infrastructure development would greatly benefit Sino’s new acquisition. Sino’s expansion plans include developing the undeveloped land in Southern Silver to meet market demand, and continuing to search for more attractive acquisitions.

About Southern Silver Resort & Beach

Southern Silver is a beach resort located in Silver Beach, Yangjiang city, Hailing Island of Guangdong province, China. The 7.4-km-long Silver Beach has been listed the world’s longest beach in the Guinness Book of World Records (Shanghai Branch). The resort is about 50,900 square meters and it features a private 21,900 square meter beach, 1 km of coastline, and stunning ocean and scenic views. Southern Silver is also located next to the Nanhai No. 1 Museum, better known as “China’s Marine Silk Road Museum” which is designed to display more than 80,000 historical maritime relics from submerged vessels in the South China Sea.

About Sino Express Travel Limited

Sino Express Travel Limited (www.sinoexpresstravel.com) is an investor and developer of scenic spots and tourist destinations in China. Sino intends to grow its business by acquiring and operating a diversified portfolio of resort hotels and tourist attractions. It plans to search for good value targets at suitable locations in China with high potential for further development in the areas of scenic, cultural and historical extensions.

Forward looking statement

Certain information contained in these materials is “forward-looking” information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.


Contact:

Sino Express Travel Limited
Jinghui Wang, (86) 20-83346112
ir@sinoexpresstravel.com

Source: Sino Express Travel Limited

shouldn't be too long before something is released, and yes its nice to see that the lack of interest hasn't caused too much of a dribble down effect. i got time...

I wonder when the next quarterly will be announced? and new news on going to a higher board?
more volume would be nice, no one wants to sell this stock though.

little bit of activity here and there on L2, as well as some sporadic trades.

Is anybody around?

This thing is going to take off now that the summer is hitting.

IMO china will break records for travelers visited..

just wait until they get the web site going for travelers and bring it to par with the top agencies.

all the way to the olympics..

boom

yeesh, friggn spread sucks. 200 shares at bid = 18% drop. just looks terrible.

agree!

y, i guess effectively, 4Q and year end are the same this time around. didn't click right away.

Redundant data.....we want some meat on the bones!

News on unaudited financials -

Sino Express Reports 2005 Unaudited Annual Financial Results
Business Wire - February 07, 2006 16:00

HONG KONG, Feb 07, 2006 (BUSINESS WIRE) -- Sino Express Travel Limited (OTC:SXPT), a leading travel service provider in greater China, today announced its unaudited financial results for the year ended December 31, 2005.

Highlights for the full year 2005:

-- The annual 2005 financial statements include results from
subsidiaries (post acquisition date):

-- GS Travel Limited, headquartered in Hong Kong.
Acquired on 1st August 2005.
-- Guang Zhi Lui Limited ("www.v222.com"), based in
Guangzhou, China. Acquired on 1st October 2005.

-- Net revenues were US$2.87 million in the year 2005.
-- Gross profit was US$297,448
-- Net income was US$70,446

Pro forma combined financial statements for the full year 2005:

-- The pro forma 2005 annual financial statements include results
from 1st of January 2005 on.

Subsidiaries:

-- GS Travel Limited, headquartered in Hong Kong.
-- Guang Zhi Lui Limited ("www.v222.com"), based in Guang
Zhou China.
-- NSIBC Limited ("www.NSIBC.com"), based in Beijing
China. Acquired on 1st January 2006.
-- YTD Limited ("www.ytdchina.com") based in Guang Zhou
China. Acquired on 1st January 2006.

-- The pro forma Net revenues were US$7.72 million in the year
2005.
-- The pro forma Gross profit was US$901,008
-- The pro forma Net income was US$244,570

"We are pleased to report our first annual financial performance. The management looks forward to consolidate more companies and facilitate earning growth in 2006. We will also continue to work closely with our appointed external auditor PKF International to make Sino Express a full reporting company in the shortest possible time frame," commented Xia Chen, Chief Executive Officer of Sino Express.

February 07, 2006 04:00 PM US Eastern Timezone

Sino Express Reports 2005 Unaudited Annual Financial Results

HONG KONG--(BUSINESS WIRE)--Feb. 7, 2006--Sino Express Travel Limited (OTC:SXPT), a leading travel service provider in greater China, today announced its unaudited financial results for the year ended December 31, 2005.

Highlights for the full year 2005:

-- The annual 2005 financial statements include results from
subsidiaries (post acquisition date):

-- GS Travel Limited, headquartered in Hong Kong.
Acquired on 1st August 2005.
-- Guang Zhi Lui Limited ("www.v222.com"), based in
Guangzhou, China. Acquired on 1st October 2005.

-- Net revenues were US$2.87 million in the year 2005.
-- Gross profit was US$297,448
-- Net income was US$70,446

Pro forma combined financial statements for the full year 2005:

-- The pro forma 2005 annual financial statements include results
from 1st of January 2005 on.

Subsidiaries:

-- GS Travel Limited, headquartered in Hong Kong.
-- Guang Zhi Lui Limited ("www.v222.com"), based in Guang
Zhou China.
-- NSIBC Limited ("www.NSIBC.com"), based in Beijing
China. Acquired on 1st January 2006.
-- YTD Limited ("www.ytdchina.com") based in Guang Zhou
China. Acquired on 1st January 2006.

-- The pro forma Net revenues were US$7.72 million in the year
2005.
-- The pro forma Gross profit was US$901,008
-- The pro forma Net income was US$244,570



"We are pleased to report our first annual financial performance. The management looks forward to consolidate more companies and facilitate earning growth in 2006. We will also continue to work closely with our appointed external auditor PKF International to make Sino Express a full reporting company in the shortest possible time frame," commented Xia Chen, Chief Executive Officer of Sino Express.

Sino Express Travel Limited (www.sinoexpresstravel.com) together with its 100% owned subsidiaries, GS Travel (Hong Kong) Ltd, NSIBC Ltd, YTD Ltd and www.v222.com, is an international travel company with operating offices in Hong Kong, Beijing, Guangzhou, Vancouver, Toronto and Seattle. Sino intends to grow its business by acquiring and operating a diversified travel business portfolio, seeking to invest in profitable travel related companies with reputable management and high growth potential.

Forward-Looking Statement

Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.

Contacts


Sino Express Travel
Miss Shirley Yu, (852) 3106-0998 (Investor Relations)
Fax: (852) 3106-0280
ir@sinoexpresstravel.com

Comparison SXPT, LONG, CTRP..

Sorry this looks confusing so I tried to add (-) in between each company. I used trailing 12 months for LONG and CTRP and an estimate for SXPT for YE 2006. I have come up with a comparable share price for SXPT compared to the other 2 of somewhere in the $4.50 to $5.50 range. Thoughts?


(06 est.)
SXPT - LONG - CTRP
Current Price $0.22 - $12.90 - $62.96
Shares O/S 50.6m - 25.1m - 15.9m
Shares Float 1.3m - 17.2m - 7.9m
Market Cap $11M - $324M - $1B

Q Rev Growth 100%+ - 56.3% - 55.3%
Revenues (ttm) $10m - $24m - $58m
Gross Margins 60% - 70% - 84%
Net Income $5m - n/a - $25m

EPS (ttm) $0.10 - ($0.36) - $1.58
P/E (ttm) 2 - n/a - 40
P/S (ttm) 1 - 13 - 17
Comparable SP $4.60 - -

In Bed With China's Traveling Rich
Russell Flannery, 01.11.06, 6:00 AM ET

(Blurbs)

Starwood Hotels & Resorts Worldwide, owner of the Westin and other luxury hotel chains, expects business in China to boom in the next few years as the country’s economic growth spurs spending by well-heeled travelers.

The number of hotels that the company manages will grow by two-thirds, to 40, by the end of 2007, compared with 24 at the end of last year, says Robert Hogenstijn, the company’s China operations manager. And that's not the end of it. Starwood (nyse: HOT - news - people ) has signed contracts for another eight hotels that will open in 2008.

"You can imagine that we have 430 properties in North America, and in a country the size of China, we only have 24 at the moment. So there is some upside there," Hogenstijn says. "You don’t want to even start to think about what is possible."

Starwood has mainland China, Hong Kong, Macau and Taiwan in its China operation. "It’s a booming market," Hogenstijn says. "Our operating hotels are doing very well."

Growth in demand for luxury hotels “is really in line with the economic growth all across the country,” Hogenstijn says. The Summer Olympics in Beijing, in 2008, and the World Expo in Shanghai, in 2010, will stimulate hotel business in those two metropolises. Spreading growth in newer hubs is paving the way for expansion into other cities. This year alone, Starwood will open Sheraton hotels in seven mainland Chinese cities: Xiamen, Guiyang, Changsha, Chongqing, Shanghai, Shenzhen and Urumuqi. It will also add one in Ilan on Taiwan that will be a hot springs resort.

Hotels aren’t the only ones that are getting in on China’s travel boom. Shares in Ctrip (nasdaq: CTRP - news - people ), a Shanghai-based and Nasdaq-listed travel-services company, has gained about two-thirds in the past year amid fast earnings growth.

I added a little today as well.Any additional dips are welcome to me as I will simply pick up more cheaply.This is no daytrade.

lol....heck no.

jeez, these guys aren't in with Franchise Capital too, are they?

SXPT revenues...

with yesterday's news, last quarters performance, and expansion plan, it is possible that SXPT can do $15+ million in revenues in 2006. The current market cap is only $10 million.

I am buying more.

My sentiments exactly...nice entry.

Came aboard today with a small position at .2106. Lucky to get that price I think. This is the kind of company you're fortunate to find on the pinks or the BB - solid expanding revenues, small float, and good communication from management.

Oh yes! I'm holding strong

.21 X .24 I will add if it dips further.I am long and strong here.

Great news!!

SXPT news!

February 01, 2006 09:25 AM US Eastern Timezone

Sino Express Travel Enters Into Letter of Intent With a Major Travel Operator Based out of Hong Kong to Form a Joint Venture

HONG KONG--(BUSINESS WIRE)--Feb. 1, 2006--Sino Express Travel Limited (OTC:SXPT), and a major travel agency in Hong Kong, announced today that they have formally entered into a letter of intent to establish an alliance between their respective B-C businesses. V222 ("www.v222.com") from Sino Express will be a major operator in this Joint Venture.

Sino Express will own the majority of this joint venture (51%). The partner and joint venture management will own the remaining capital. The new company is projected to generate annual revenue of USD $1.1 million in 2006. Prior to the joint venture, V222 alone was projected to generate annual revenue of USD $250,000 in 2006.

The joint venture partner will inject a travel service and logistic network comprising of 50 sales outlets located through out Guangzhou, a key trading and industrious city in southern China. Sino Express will offer its 24/7call center services, inventories and travel products. The joint venture partner will also provide the technology platform required to facilitate the service offering.

Future planning is to expand the network to the rest of pearl delta region in southern China by establishing agreements with phone facility agents frequented by domestic travelers. The expanded network will provide more convenient travel services to domestic citizens and migrant workers by acting as a sales and logistic agent for V222. Guangzhou city alone has up to 1000 phone facility agents servicing mainly local residents and migrant workers. Official statistics indicate there are more than 114 million migrant workers in China, of which at least 30 million are working in the industrious southern China region. Due to the high GDP growth in the recent years, most of them have adopted the custom of taking long vacations and traveling back home during public holidays.

"This joint venture is a further step towards the enhancement of both company's shareholders value, and would be a contribution to the quality of travel services for the greater China tourism," commented Xia Chen, Chief Executive Officer of Sino Express.

Sino Express Travel Limited (www.sinoexpresstravel.com) together with its 100% owned subsidiaries, GS Travel (Hong Kong) Ltd, NSIBC Ltd, YTD Ltd and www.v222.com, is an international travel company with operating offices in Hong Kong, Beijing, Guangzhou, Vancouver, Toronto and Seattle. Sino intends to grow its business by acquiring and operating a diversified travel business portfolio, seeking to invest in profitable travel related companies with reputable management and high growth potential.

Forward looking statement

Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.

Contacts


Sino Express Travel
Miss Shirley Yu, (852) 3106-0998 (Investor Relations)
Fax: (852) 3106-0280
ir@sinoexpresstravel.com

Thanks deadcenter.....China stocks are hot and this one is no exception.Olympics in 2008 as well....China Travel conglomerate = easy $$$$$$$$$$$$$$$$$$

Nice and steady. It was good to see this one uptick to .29 today. I think we will see news also. With the company posting such good numbers with its last financial report, any good news at this point would send this pps up pretty quick IMO. NICE call profit!

Thanks for the info keep it coming

Far from done....credible buzz on big news to hit mid week!

Thats how "real Co.'s trade.The #'s tell the story

A Highlights for the fourth quarter of 2005:

Net revenues were US$1.75 million
Gross profit was US$204,154

Pro forma combined financial statements for the fourth quarter of 2005:
The pro forma Net revenues were US$2.18 million
The pro forma Gross profit was US$241,177

"We are pleased to announce a solid fourth quarter performance. The Sino team will continue focusing on its long-term development plan in the New Year. As we execute our expansion strategies in the greater China, we expect 2006 will be a year of high growth in profits and sales in this fragmented industry," commented Xia Chen, Chief Executive Officer of Sino Express.

Great chart bro, nice dang call

Nice slow & steady upticking, builds a good base.

Get used to it.

Looking for another jump this week.....stay tuned :)

I agree SXPT is looking good, .30's next round imo

Early action was good today.....Not much selling either.Thirties are on the way.

yes bubba, SXPT has nice potential for a longer term play as well imo

SA, looks like a lot of potential with SXPT. This one is gonna be interesting. imho

Agressive growth and moving off the pinks...Olympics forthcoming...China growth has no signs of any let down and the revenues here don't lie....this is undervalued!

Email from company:

Dear xxxxx,

Thank you for your encouragement and questions
regarding Sino Express Travel. PKF International
was appointed as our external auditor in November 2005.
They are responsible for Sino's US GAAP audit work and
financial governance.

Sino Express has aggressive growth plans for 2006 which
we believe will be in the interests of our shareholders.
Moving to a higher trading market is also part of
the plan.


Cheers
Xia Chen

Sino Express Travel Limited
www.sinoexpresstravel.com
"Greater China's Premier Travel Services"