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Aob

BenHouston said: "Okay I am looking into this company called American Oriental Bioengineering. Its financials look amazing to me. From their 8-k: [quote] AMERICAN ORIENTAL BIOENGINEERING REPORTS RECORD 2005 SECOND QUARTER RESULTS Revenue Increases 98.2% and Income From Operations Increases 140.9% Leading to 122.5% Increase in Net Income; Company Reports Quarterly Diluted EPS of 8 Cents America Oriental Bioengineering, Inc. (AMEX: AOB - News), a rapidly growing Chinese company that produces and distributes a broad range of pharmaceutical and nutraceutical products, announced today record second quarter and six-month results for the period ended June 30, 2004. The Company generated 2005 second quarter revenue of $11.9 million, a 98.2% increase compared to $6.0 million for the same period in 2004. American Oriental Bioengineering generated Income from Operations of $4.4 million, a 140.9% increase from $1.9 million in the 2004 second quarter. The Company had net income of $3.4 million, or $0.08 per basic and diluted share, a 122.6% increase versus $1.5 million, or $0.05 per basic and diluted share, for the comparable period in 2004. For the six months ended June 30, 2005, American Oriental Bioengineering Inc. had revenue of $21.6 million, an increase of 81% compared to $11.9 million for the same six-month period in 2004. The Company reported Income from Operations of $7.5 million, a 117.8% increase from the $3.4 million reported for the same period in fiscal 2004. American Oriental Bioengineering generated net income of $5.5 million, or $0.14 per basic share ($0.13 per diluted share), a 100% increase compared to $2.8 million, or $0.08 per basic and diluted share for the first six months of fiscal 2004. The Company ended the period with its strongest balance sheet ever, as it had cash and cash equivalents at June 30, 2005 of $14.9 million compared to $11 million at the end of the first six months of 2004. Second quarter sales of the Company's PBP Products (Plant Based Pharmaceutical Products) increased by 223% as compared to the same period in 2004, contributing to American Oriental Bioengineering's strong results. This growth was primarily a result of an increase in sales of Cease Enuresis Soft Gel products. Also, the acquisition of HSPL (Heilongjiang Songhuajiang Pharmaceutical Ltd.) contributed to the increase in sales of PBP Products due to a broader product line. Sales of PBN Products (Plant Based Nutraceutical Products) increased by 21%, as a result of increased marketing and sales initiatives. [/quote] Before I invest I just want to know what anyone may have to say about it, also what stopped me from investing on my own is I am unsure what this press release means. "American Oriental Bioengineering Calls Class A Warrants" Thanks for your time, oh here is a link: [url]http://finance.yahoo.com/q?s=aob[/url]"

HappyHarry said: "So I take it their market is primarily China?"

BenHouston said: "Major market is in China/asia, they also sell their products in north america i think i read."

LanceJ said: "Nothing wrong with AOB, but it has run up quite a bit over the last few months. When it was AOBO.OB (traded on the OTCBB). I bought right before it jumped to the AMEX, then rode her up 20% and sold. Total gain was about 25% in 2 weeks. Again, it's a nice stock but I have this peculiar rule that after I make 20% or more off a stock, I don't go back. I've had terrible luck with getting back into a stock after I've made killer profits. If I was superstitious, I'd think it was the trading God(s) punishing me for trying to milk a stock a little too much. Maybe it's a little bit of the saying: Bulls make money, Bears make money, but Pigs get slaughtered. It's a nice stock and good picking, you analysis of stocks has grown by leaps and bounds."

LanceJ said: "[QUOTE=HappyHarry]So I take it their market is primarily China?[/QUOTE] Yes, they are primarily a Chinese pharmaceutical provider. As China develops, their pharmaceutical industry is experiencing excellent growth, like alot of their industries."

BenHouston said: "Ahhh I see Lance, I'll probably pass on this, I need to pay for tuition for my next semister this month so I am a little low on cash anyways. But it looked pretty good, the financials look amazing."

HappyHarry said: "[QUOTE=BenHouston]Ahhh I see Lance, I'll probably pass on this, I need to pay for tuition for my next semister this month so I am a little low on cash anyways. But it looked pretty good, the financials look amazing.[/QUOTE] Something about most of the Chinese company's financials look too amazing to me."

BenHouston said: ":'( i just watched this stock go up a dollar (around 30%) in 2 days."

LanceJ said: "[QUOTE=BenHouston]:'( i just watched this stock go up a dollar (around 30%) in 2 days.[/QUOTE] Don't do that... beat yourself up. Look, you made the decision to not invest in it right now per your earlier post, period. That's it. There is no reason to go back and look at it. Why? So you can beat yourself up for not putting money in? What if it went down? Would you be patting yourself on the back? What if it gives back most of its gains in a week from now, will you then beat yourself up for beating yourself up too early? I'm not saying take emotion out of it, one of the reasons I love Cramer is because of his emotion. What I'm saying is that you will have plenty of opportunity to beat yourself up when you buy something and it goes down. If you look for reasons to beat yourself up, like going back and looking at a stock after you made the decision to hold off buying any at the moment, you'll beat yourself up too much to the point to where you become either 1) too afraid to make any kind of decision whatsoever, and 2) Burn out on the stock market from a low self esteem. Going back and looking at a stock each day after you made the decision not to buy is being a little cruel on yourself. It also shows that you were uncertain in your decision to not buy in the first place. Indecisiveness will kill you in the stock market. Pat yourself on the back. At least you were willing to step out and make a decision AND you didn't loose money as a result, good for you. Now stop it! Don't start thinking well, actually I did loose money because if I would have bought I would have gained and therefore the fact I missed out on the gain is the same result as loosing. You see what I mean by beating yourself up? You can ALWAYS find a reason to beat yourself up. This is a very difficult market at the moment. You made a decision, and you didn't loose money as a result of that decision. There's nothing wrong with that and no reason to beat yourself up. Remember, longevity. You don't want to paralyze yourself from being able to make any decision at all because you beat yourself up too much and you certainly don't want to beat yourself up so much that you quit investing in the stock market at all. Do something good for yourself today. Be proud you made a decision and stuck with it. Trust me, there are an infinite number of more AOB like stocks/opportunities out there that you will have a chance to grab some profits from because there's always a bull market going on somewhere."