BB's Stock Haven

[stockprofit2023]

*SXPT* Email from company:(Additional Due diligence included)

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
http://www.sinoexpresstravel.com
"Greater China's Premier Travel Services"

Also take a look at this link where SINO is listed.This IS the real deal!
http://www.itravelsys.com/business.htm

Sino Express Travel is entering into a strategic alliance with International Travel Systems Inc. (ITS), a wholly owned division of Wing On Travel (Holdings) Limited.

Wing On is one of the largest Asian travel companies listed on the Hong Kong stock exchange.

ITS will offer its B2B trading systems to Sino's hotel rooms resellers and to enhance Sino's online travel booking system www.v222.com.

Xia Chen, CEO of Sino Express Travel commented, "The ITS trading platform will provide our resellers with real time pricing, availability and analytic information on our hotel rooms inventory. The revamp of our online hotel and flight booking site will significantly enhance our service offering for our clients."

This partnership makes Sino Express Travel Ltd the third travel operator in Asia to adopt the ITS system following Wing On Travel and China Hotel Net (CHN), two other major travel and hotel booking service providers in the Greater China region. Xia Chen further commented, "Sino Express will stay committed to its technology adaptation in order to provide more competitive services.

The technology upgrade will also provide Sino with future business opportunities with other users of the ITS system."

Acquisition Strategy *SXPT*

Sino Express Travel is an US pinksheets listed company with a corporate vision to offer a complete, flexible, hassle free and personalized travel experience to travelers all over the world. Our services are delivered via acquisitions of and mergers with reputable and established travel companies across Asia who share our vision and desire to improve their operations via long-term investments and co-operative ventures. The resulting synergy will enable these companies to realize their potential and make the leap from good acquisitions to great companies.


People
At Sino Express, we respect talent and consider their working culture and ethics to be the most valuable asset of each acquisition. Accordingly, 'People' are also the most important criteria when identifying potential acquisitions. In particular, we value innovative management and individuals with long-term visions for their businesses.

Passion
We desire to sense true business passion from our potential acquisitions' management. We believe passion translates to dedication to improvement and ultimately breed fierce competitiveness, stability, progress and optimum results.

Performance
Sino's growth and return strategy is to acquire well performing businesses and enable them to realize their potential and make the leap to being a highly contributing member of our Group. In our search for potential target acquisitions, solid "Performances" and opportunity for growth is an important criterion in our decision making process.

Potential
One of Sino's commitments is to help our acquisitions to achieve their long-term goals. More importantly, these growth plans will also have to demonstrate strong fundamentals, sound market research, defensible market position, feasibility in resources planning and high growth potential.

*China * BOOMING--->
Demand: Encompassing all components of Travel & Tourism consumption, investment, government spending and exports is expected to grow 5.4% (real terms) and total $6.2 trillion in 2005. The ten-year annualized growth (2006-2015) forecast is 4.6% per annum illustrating the outlook for strong long-term growth.
Visitor Exports: The continued strength of the Pound and Euro against the US dollar, is expected to push Visitor Exports to nearly $820 billion in 2005 or real growth of 7.3%

Here are the recent numbers:
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.

**Undervalued**
Cheap might be a word associated with Chinese exports, but it hasn’t been used for some time to refer to Chinese stocks, which trade here as American depositary receipts (ADRs). Yet of the 11 stocks I looked at, the average price-to-earnings ratio based on estimated 2005 earnings is a scant 15.8%

Of course it should be noted that few of these companies have wide followings on Wall Street, so the earnings estimates come from a limited number of analysts; in several cases, it’s just one. Still, it seems reasonable to assume that the stocks are cheap, at least by historical standards. Even if the Street is being too optimistic by 10%, the group would still be cheap relative to the market.

What’s more, Chinese companies are likely to benefit from an explosive economy for years to come. Bolstered by strong exports, infrastructure improvements and an expanding middle class, China has average GDP growth of 9.3% over the past two years, more than double the U.S. growth rate.

Meanwhile, the Chinese government is taking steps to prevent the type of hyper-growth that often precedes a prolonged downturn, such as what Japan experienced. If the government succeeds in maintaining GDP growth in the high single- to low double-digit range, there’s every reason to believe that Chinese companies will continue experiencing robust growth as well.

I believe this China play will be a steady riser all the up throgh the Olympics in 2008