Replies to post #2821 on Sino-Global Shipping America (SINO)

[ash111]

will check. basically all Agreements are w/ COSCO sub. from April Agreement: "This agreement is a testament to the Company's ongoing efforts to provide logistic services that best meet the needs of our customers. We are pleased to working again with COSCO and management will continue to seek similar and new partnerships that will further strengthen our business and reinforce our long-term strategic vision of becoming a global logistics services provider." and "Sino-Global will receive a percentage of the total amount of each transportation fee"..

also important to note, w/ no l.t debt and 47.2% net profit Margin, fees are almost pure net income.

[ash111]

For more information please read this https://seekingalpha.com/amp/article/4084137-massive-upside-ahead-sino-global-based-high-margins-huge-eps-growth

I completely agree w/ all mentioned there ( great DD). If you have more Q feel free to pm us here.

[value1008]

River, the only agreement i'm aware of that has been given a specific time span would be the 5-year contract for the "global logistic service agreement" with Tianjin Zhiyuan Investment Group, that the SEC filings mention was signed in June 2013, so that will come up for renewal next May-June. Note that Zhiyuan is a "related party," the CEO Zhong Zhang is SINO's biggest shareholder with 1.8M shares, so he has a vested interest in seeing SINO do well.

Note that in various filings, Zhiyuan or a Zhiyuan subsidiary are mentioned as also involved with various business agreements with SINO for SINO's services.

The conclusion i draw is that SINO is a "go to" problem solver for Zhiyuan and that's why Mr. Zhang's businesses do business with them and is personally invested in SINO for those 1.8M shares.