SHINER INTL INC (BEST) upgraded to Mkt Outperform with price target $6 by Rodman & Renshaw
Rodman & Renshaw rated Mkt Outperform SHINER INTL INC (OTCBB: BEST) on 08/06/2008, when the stock price was $3.05.
Since then, SHINER INTL INC has lost 94.75% as of 06/18/2013's recent price of $0.16. If you would have followed this Rodman & Renshaw's recommendation on BEST, you would have lost 94.75% of your investment in 1777 days.
Shiner International, Inc. (Shiner) is engaged in packaging and anti-counterfeit plastic film business in the People's Republic of China (China) through its operating subsidiaries, Hainan Shiner Industrial Co., Ltd. (Shiner Industrial), Hainan Shiny-day Color Printing Packaging Co., Ltd. (Shiny-day), Zhuhai Modern Huanuo Packaging Material Co., Ltd. (Zhuhai) and Hainan Modern Hi-Tech Industrial Co., Ltd. (Hainan Hi-Tech). The Company's products include coated film, shrink-wrap film, common film, anti-counterfeit laser holographic film and color printed packaging materials. All of the Company's operations are based in the China. Its primary business consists of the research and development, manufacture, marketing, sale and distribution of packaging film products.
Rodman & Renshaw
is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.