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StockIceMan's Weekly Stock Pick
Week of May 21, 2007
 

Stock: American Oriental Bioengineering, Inc.
Ticker Symbol: AOB - NYSE - Biotechnology
Buy: 10.75 to 11.00
Sell: 15.00
Info: American Oriental Bioengineering, Inc., together with its subsidiaries, engages in the development, manufacture, and commercialization of plant-based pharmaceutical (PBP) and plant-based nutraceutical (PBN) products. It provides PBP products that include Shuanghuanlian Lyophilized injection powder, an anti-viral injection for treating respiratory diseases; Cease Enuresis Soft Gel and Patch, a prescription medicine formulated to help alleviate bed-wetting and incontinence, as well as offers over-the-counter drugs, such as Jinji capsules and pills to treat endometritis, annexitis, and pelvic inflammations; and Double Ginseng Yishen grains for people suffering from neurosis, vegetative nerve functional disturbance, and hypo-immunity. The company�s PBN products include soy peptide products series, which offers soypeptide tablets, powder, and coffee; and compound bio-functional beverage that is derived from honey products, marine plants, and natural herbs. It sells its products directly to retail stores, pharmacies, hospitals, and to independent distributors. American Oriental Bioengineering is based in Shenzhen, China
Financial Info: For the three months 3/30/2007, revenues increased 35% to $25.7 million. Net income increased 31% to $6.4 million
Key Ratios: Current Ratio: 6.083, Total Debt/Equity: 0.063, Trailing P/E: 23.26x, Forward P/E: 13.26x,  Price/Book: 4.27, Price/Sales: 6.08
Share Info: There are 64.79 million shares outstanding with 46.27 million shares in the trading float. Institutions own approximately 31.50% of the shares outstanding. There have been 3 insider purchases totaling 55,000 shares and 1 insider sale totaling 1,000,000 shares in the last six months. Real-Time SEC Filings

As of 4/10/2007, there were 5.57 million shares short.

Net Institutional Selling: 396,112 shares prior to latest quarter.
Articles: UPDATE - TABLE-American Oriental Q1 earnings rise

 
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