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Biotech / Medical : AOB - American Oriental Bioengineering Inc. -- Ignore unavailable to you. Want to Upgrade?


To: gladman who wrote (42)5/12/2006 9:50:29 AM
From: gladman  Respond to of 47
 
American Oriental 1Q Profit Doubles
Friday May 12, 9:24 am ET
American Oriental Bioengineering Shares Rise in Premarket Trading As 1st-Quarter Profit More Than Doubled

NEW YORK (AP) -- American Oriental Bioengineering Inc., a China-based maker of herbal supplements, on Friday said first-quarter profit more than doubled as revenue soared.
Net income jumped to $4.9 million, or 8 cents per share, compared with $2.2 million, or 5 cents per share, during the year-ago period. The number of shares outstanding increased to 61.3 million from 42.7 million.

Revenue climbed 98 percent to $19.1 million from $9.7 million last year.

The company said sales of its Cease Enuresis Soft Gel and Patch product, along with its Shuanghuanlian Injection Powder, more than doubled during the quarter.

In premarket electronic trading, shares rose 31 cents, or 6 percent to $5.45. On Thursday, shares closed at $5.14 on Thursday on the American Stock Exchange



To: gladman who wrote (42)5/17/2006 7:22:57 AM
From: Alfred W. Post  Respond to of 47
 
Hi, if further holding on is stupid, then I am stupid. My cost is a bit higher than M&S BUT i SEE MORE POTENTIAL



To: gladman who wrote (42)1/10/2007 12:15:09 AM
From: Alfred W. Post  Respond to of 47
 
Not only smart - very smart.
They say that happiness is a stock that doubles in a year AOB has 10-folded for me in just one and a half year, my cost $1.33. On the announcement of yet another drug the stock advanced yesterday more than my cost. You can call it luck, I call it persistance. happy Fred