John Leonard, CFA
Special situations, micro-cap, contrarian, CFA

The Ongoing Turnaround At Sino-Global Shipping America Creates An Attractive Special Situation

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

Key takeaways

  • Sino-Global Shipping America (NASDAQ:SINO) is mispriced, as concerns over slowing Chinese growth mask the recent transition from a lower-margin shipping agency services provider to a diversified provider of higher-margin logistics services.
  • Moreover, there is plenty of growth runway due to a continued expansion of its international network and potential to steal market share in the increasingly balkanized industry.
  • Furthermore, a new cornerstone investor provided much-needed shareholder stability and played an instrumental role in the recent transition.

Company overview

SINO delivers shipping agency, shipping/chartering...

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