RINO International Corporation (RINO)

Company Name:	RINO International Corporation
Ticker Symbol:	RINO
WWW Address:	www.rinogroup.com
CEO:	Zou Dejun
No. of Employees:	360
Common Issue Type:	CS
Business Description:	The Company is in designing, manufacturing, installing and servicing wastewater treatment and flue gas desulphurization equipment mainly for use in China's iron and steel industry.

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Press Releases

RINO Signs Sinter Flue Gas Desulphurization BOT Contracts with Shougang Jingtang Iron & Steel Co., Ltd. Valued at $118 million

DALIAN, China, Jan. 22 /PRNewswire-Asia-FirstCall/ -- RINO International Corp. (Nasdaq: RINO), which through its subsidiaries and controlled affiliates (collectively, the "Company" or "RINO"), designs, manufactures, installs and services proprietary and patented wastewater treatment, desulphurization equipment, and high temperature anti-oxidation systems for iron and steel manufacturers in the People's Republic of China ("PRC"), today announced that it signed Sinter Flue Gas Desulphurization BOT (Build-Operate-Transfer) contracts with Shougang Jingtang Iron & Steel Co., Ltd. The BOT contracts consist of a build contract and an operating contract, valued at a total of $118 million. Shougang Jingtang Iron & Steel Co., Ltd. is owned 51% by Shougang Iron & Steel and 49% by Tangshan Iron & Steel Co., Ltd.

The build contract, valued at $33.8 million, includes $25.8 million construction principal and $8 million in interest, covers the design, construction and installation of two Semi-Dry Flue Gas Desulphurization ("FGD") Units, each of which is approximately 500 square meters in size, which collectively produce approximately 11 million tons of sinter mine annually. The project commenced at the Hebei Province Tangshan City Caofeidian Industry zone facility with initial engineering design work on January 1, 2010 and the installation will be completed by September 30, 2010. RINO anticipates these systems will filter at least 91.7% of the sulphur dioxide produced, from sinter mines.

The customer will make an initial payment of $4.0 million one year after the FGD Units have received product approval by the customer and environmental acceptance by the State Environmental Protection Department. The balance of the build contract amount will be paid in annual installments of approximately $3.0 million, which includes interest at a blended rate of 5.75%. Gross margins associated with the build contract are estimated at approximately 38%.

The operating contract, valued at approximately $84.3 million, has a 10- year term, will commence upon receipt of final State Environmental Protection Department approval. RINO will be responsible for daily operation of the two FGD Units installed under the build contract. This includes obtaining desulfurization supplies such as lime, and utilities, such as process water, power and compressed air, in addition to staff salaries, maintenance repair and FGD ash handling fees. Under the operating contract, the customer shall make annual payments to RINO of approximately $8.24 million through monthly installments. RINO will bear the utility expenses estimated at $6.21 million annually, which are the largest component of the operating costs. RINO will also receive $1.9 million for maintenance upgrades of the FGD Units in the fifth year.

After the final payments under the BOT Contracts, the ownership of the FGD Units will be transferred to Shougang Jingtang Iron & Steel Co., Ltd.

"We are extremely pleased to finalize this contract with Shougang Jingtang Iron & Steel Co., Ltd, a top Steel Producer in China with annual production of approximately 10 million tons," stated Mr. Zou Dejun, President and CEO of RINO International. "Shougang Jingtang Iron & Steel Co., Ltd. currently operates two sinters at its newly established production facilities measuring 1,000 square meters in total capacity. The Company has plans to double its capacity in the near term, which will create an incremental future opportunity for additional FDG systems."

"This is the first BOT agreement signed to date and is a means for meeting our customers' operating objectives while providing long term recurring revenue for RINO. This is a true win-win for both parties. We are encouraged by this new model and believe it will serve as a model for future agreements with top tier steel producers as the government continues to support installation of flue gas desulphurization systems and more actively regulates emission standards."

ABOUT RINO INTERNATIONAL

We are an industrial technology-based environmental protection and remediation company based in China. Specifically, through our subsidiaries and controlled affiliates in China, we are engaged in the business of designing, manufacturing, installing and servicing wastewater treatment and exhaust emission desulphurization equipment principally for use in China's iron and steel industry, and anti-oxidation products and equipment designed for use in the manufacture of hot rolled steel plate products. All of our products are custom-built for specific project installations, and we execute supply contracts during the design phase of our projects. Our products are all designed to reduce industrial pollution, energy utilization, or both.


   For more information, please contact:

   For the Company:
    Jenny Liu
    Tel:   +86-411-8766-2700
    Email: jennyliu@rinogroup.com

   Investors:
    Matt Hayden
    HC International, Inc.
    Tel:   +1-561-245-5155
    Email: matt.hayden@hcinternational.net

http://ir.stockpr.com/rinointernational/...-ltd-valued-at-118-million  

http://www.shortsqueeze.com/?symbol=RINO

RINO International Corp.  $ 23.88  
RINO  1.30  

Short Interest (Shares Short) 2,415,000  
Days To Cover (Short Interest Ratio) 2.8  
Short Percent of Float 9.77 %  
Short Interest - Prior 2,175,000  
Short % Increase / Decrease 11.03 %  
Short Squeeze Ranking™ 157  

% From 52-Wk High ($ 35.15 ) -47.18 %  
% From 52-Wk Low ($ 2.00 ) 91.63 %  
% From 200-Day MA ($ 20.66 ) 13.49 %  
% From 50-Day MA ($ 28.32 ) -18.58 %  
Price % Change (52-Week) 574.00 %  

Shares Float 24,713,281  
Total Shares Outstanding 25,351,289  
% Owned by Insiders 1.60 %  
% Owned by Institutions 8.00 %  
Market Cap. $ 605,439,484  
Trading Volume - Today 1,720,702  
Trading Volume - Average 852,500  
Trading Volume - Today vs. Average 201.84 %  
Earnings Per Share 1.61  
PE Ratio 14.00  
Record Date 2010-JanA  

Sector Industrial Goods  
Industry Industrial Equipment & Components  
Exchange NAS  

NUR 25MILL Aktien !!!!  

http://www.finviz.com/quote.ashx?t=rino

22-Jan-10 Initiated Standpoint Research Buy $35

 

Posted by: Eater    Date: Friday, January 22, 2010 1:33:19 PM  
In reply to: None  Post # of 785      

RINO International: Set to Benefit from China's Improving Environmental Standards
by: TraderMark January 22, 2010 | about: RINO

http://seekingalpha.com/article/...vironmental-standards?source=yahoo  

Hi bbb :)
Gruß heavy

:-)

RINO ist ein klarer Kauf !
Markt ist Blutrot, RINO im PLUS...

KAUF KAUF KAUF...das Ding hier ist 37$ Wert und hat Wachtumschancen ohne Ende...hättte niemals gedacht dass ich nochmal zu 17€ reinkomme...  

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45715659  

Overview

 

 

http://www.hcinternational.net/pdf/...rviews/RINOcorporateprofile.pdf  

RINO International Corp.  $ 21.00  
RINO  -2.59  

Short Interest (Shares Short) 2,415,000  
Days To Cover (Short Interest Ratio) 2.8  
Short Percent of Float 9.77 %  
Short Interest - Prior 2,175,000  
Short % Increase / Decrease 11.03 %  
Short Squeeze Ranking™ 165  

% From 52-Wk High ($ 35.15 ) -67.38 %  
% From 52-Wk Low ($ 2.00 ) 90.48 %  
% From 200-Day MA ($ 20.68 ) 1.52 %  
% From 50-Day MA ($ 28.12 ) -33.90 %  
Price % Change (52-Week) 604.20 %  

Shares Float 24,713,281  
Total Shares Outstanding 25,351,289  
% Owned by Insiders 1.60 %  
% Owned by Institutions 8.00 %  
Market Cap. $ 532,377,069  
Trading Volume - Today 2,044,532  
Trading Volume - Average 852,500  
Trading Volume - Today vs. Average 239.83 %  
Earnings Per Share 1.61  
PE Ratio 14.70  
Record Date 2010-JanA  

Sector Industrial Goods  
Industry Industrial Equipment & Components  
Exchange NAS  

noch dabei bbb ? Find das Teil unheimlich interessant und habe ein viel besseres Gefühl als bei den ganzen chinesischen solaraktien ! Rino ist ja eine EX-OTC-Aktie,und sobald die bei 10$/share angelangt sind ,steig ich ein !!

MFG
Chali  

Rino International Corporation $ 13.02 RINO -1.03

Short Interest (Shares Short) 5,031,200   Days To Cover (Short Interest Ratio) 6.9   Short Percent of Float 54.79 %   Short Interest - Prior 4,634,700   Short % Increase / Decrease 8.56 %   Short Squeeze Ranking™ 74

% From 52-Wk High ($ 35.15 ) -62.96 %   % From 52-Wk Low ($ 10.68 ) 21.91 %   % From 200-Day MA ($ 21.08 ) -38.24 %   % From 50-Day MA ($ 13.29 ) -2.03 %   Price % Change (52-Week) 19.67 %

Shares Float 8,920,000   Total Shares Outstanding 28,603,321   % Owned by Insiders 68.27 %   % Owned by Institutions 22.40 %   Market Cap. $ 372,415,253 Trading Volume - Today 442,058   Trading Volume - Average 732,500   Trading Volume - Today vs. Average 39.51 %   Earnings Per Share 2.22   PE Ratio 7.00   Record Date 2010-JulyA

Sector Industrial Goods   Industry Industrial Equipment & Components   Exchange NAS

 

 

Fraudulent dogshit ! See rino in the pinks soon .....

Hoffe keiner steckt noch drin,ich werde nie einen Chinastock anfassen !

MFG
Chali  

böse Sache..
Erst NEP dann RINO...mannomann.  

Ich drücke dir jedenfalls die Daumen,dass es jiangbo nicht auch noch erwischt ! Wollte auch erst rein,aber ...... Birnensirup ? Also ,irgendwie sind mir diese Schlitzaugen in hohem Masse suspekt,ich lasse es lieber .....

MFG
Chali  

Weiss jemand was hier los is!!