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$8.94 -0.28 (-3.04%)
7/3/2008 1:00 PM

AMERICAN ORIENTL BIO (AOB)

CAPS Rating:
****

The Company, together with its wholly owned subsidiaries, is a pharmaceutical and Traditional Chinese Medicine company which develops, manufactures and commercializes both plant-based pharmaceutical and plant-based nutraceutical products.

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Avatar daisytheblacklab (78.51) Submitted: 8/24/07 4:06 AM : Outperform Start Price: $9.06 AOB Score: 12.45

My father-in-law runs a much smaller but quite successful business in the same niche, but exports mostly to S. Korea (herbal supplements and remedies, etc.). Fact is, Asians love buying anything that someone says is good for their health, whether it's true or not. And there's no way traditional Chinese medicine and herbal remedies are going to be replaced by western, evidence-based medicine in China or anywhere else in Asia. They will continue to coexist. I personally wouldn't buy any of the herbal remedies these folks are selling, but I think the company has rock solid fundamentals and are in the right market for their products.

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