3SOF

http://biz.yahoo.com/prnews/050718/clm074.html?.v=12
Westminster Securities Initiates Equity Research Coverage of American Oriental Bioengineering, Inc. (Amex: AOB)
Monday July 18, 5:39 pm ET


ATLANTA, July 18 /PRNewswire/ -- Westminster Securities Corporation has today initiated equity research coverage of Harbin, People's Republic of China-based American Oriental Bioengineering, Inc. (Amex: AOB - News) with a "Strong Buy" investment rating, a six-month Target Price of $ 4.05, a 12-month Target Price of $ 4.50, and a risk rating of "High" over both time periods.
American Oriental Bioengineering is a manufacturer and distributor of herbal-based medicines, health supplements and soybean peptide products, all of which the company manufactures in China using organic raw materials. The company has been expanding its operations at a rapid pace over the past two years via selective acquisitions of other Chinese companies with complementary products or product distribution capabilities.

Thanks la-onda, it looks like we're not the only ones seeing value on AOB: Westminster Securities Initiates Equity Research Coverage of American Oriental Bioengineering, Inc. (Amex: AOB)

Yesterday the stock made a pullback on very low volume, but it was able to maintain the $1.84 support level on close, which is important.

I hope everyone sees the Westminster's recommendation and finally finds the hidden value in AOB.

Hi all,

I just received the Westminster Report. It is a quite impressive 16 pages report with a lot of details about AOB and their peer group. I will try to put a summary together later but you are welcome to drop me a mail with your email address if you would like to receive a copy.

The main difference between what has been discussed here is that Westminster report "only" expects a 52% increase in earnings and has a higher number of shares outstanding fully diluted (46.6 million).

Hello, Michael

This is fred.  I am very concerned about aobo. Could you please send me a copy of the report about aobo?
Thank you very much!

[email protected]

Hi Michael,

Would appreciate if you can send me the report as well ([email protected]). I believe someone said they are AOB's investor.

Thanks.

Well, AOB is perfectly ready to take of, from a fundamental and technical perspective. So, why the wait? I don't know, it is very good when an analyst or trader can determine price direction, answering «when» is too much to ask.

$2.48 is the technical target of the breakout which was confirmed by the close above the $1.84 resistance level.

Michael, please send me the report too, I'll read it over the weekend, my email is [email protected]

Thanks, let me give you some more points on your rating 

AOB Finacials:
http://finance.yahoo.com/q/is?s=aob

AOB is still accumulating above resistance. I maintain the $2.48 short term target. Wouldn't like to see a close $1.84, which would signal this was not accumulation, but distribution and a false bullish breakout did happen, like the bearish one ... but for now the trend is bullish and I must continue to believe it will continue.

Did you buy AOB because you expected China to revaluate the yuan?

I guess not but that was what happend today and the happy holders of AOB has just seen the profit measured in USD increase without any fundamental changes in the company's profitability. What a wonderful world!

Now all the analysts are talking about downgrading the chinese manufacturing sector and upgrade commodity and energy stocks.

In the meanwhile we are sitting on a beautiful stock, with great fundamentals who without any doubt benefit from this and all future revaluations.

Even the most diligent research can't match simple luck!

Applaud both Mike and Dave for AOB pick and analysis.

hehe, you're right, that was pure luck. As a fortunate holder of AOB I welcome this revaluation of the yuan.

Technically the stock is moving upward and I guess my $2.48 technical target will be reached next week. Over the weekend I'll read the report you sent me to evaluate if I should take my 38% profit or let the profits run ...

hold or sell?

Hi, zhufred.

Personally...as long as it is going in the right direction, I will hold.   

You'll have to do what you feel comfortable with yourself.

Good luck.

Cheers.

If AOB is up in such a nasty mkt then I think it has more fuel left then we think. Though I will wait for dave decision to sell or hold

I will also wait for David's decision to sell or hold .
Thanks a lot.