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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details