posted
nice warrior! it's a great game when you score low, and the worst game ever when you score high!! here's to keeping it in the short grass, cheers:) I'm having a glass of wine and hitting the sack soon, see everyone bright and early!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
I think others have tried considering the financials. Take net profit of $15mn and outstanding shares of 500mn. (we are not talking float yet). So we get a 15mn/500mn = EPS of .03. Now put on a reasonable 15x multiple and you get .45 pps.
But that is past twelve months and many Analysts look forward. So far, it looks like we are three times last year...and we haven't gone beyond a few months yet in the new year. So we would at least triple the EPS of .45 meaning $1.35. This does not include unnaounced deals or a major short squeeze which I believe will eventually happen.
Once full audited financials are available, we can expect institutions, retail investors and Middle Eastern investors (once on Dubai) to take SLJB seriously.
Looking forward to what develops.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
~~ Some statements from recent p/r's worth repeating ~~
"The capital attained will ensure that Sulja Bros. will not use company shares to raise capital in the near or distant future, and will continue to not only maintain the upward climb towards a high price per share, but to also steadily rise towards a higher market exchange."
"We are now working with one of the largest investment banking firms to complete the listing of Sulja Bros. Building Supplies, Ltd. on the Dubai International Financial Exchange."
"We had a great year and our Middle East projects are supplying tremendous growth. We look forward to another outstanding year with increased net profits and growth."
"The deal with Emaar Properties will generate $124 million in revenue over the next 12 months for Sulja Brothers."
"This is exactly why we expanded in the Middle East and obtained a contract with the Liberian Government for lumber. Sulja Brothers' growth rate in the Middle East is astounding. This joint venture with Emaar Properties opens up possibilities for more projects in the near future and increases our market share in the Middle East."
Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69. The monthly financials for 2005 and the pro forma for 2006 will shortly be available at http://www.suljabros.com
"Our initial assessment to determine eligibility for Sulja Brothers to meet the NASDAQ requirements was based upon the current net profit of Sulja Bros."
CEO Sulja and The Red Sea Group also reiterated that there will not be a reversal of shares, and that the new entity is capable of sustaining the numbers necessary to reach a broader exchange.
*** I am certain SLJB was sitting on a good deal of news just waiting to complete the symbol/name change.........I expect the story to continue and only get better.If you are looking to get rich overnight go buy a lottery ticket.........the goals and expectations of SLJB are very high and I for one feel they have the connections and know how to accomplish them.We need to recognize that this is not just a big pump job to spike up the stock price.........have some PATIENCE!!!
Cheers,
Steve
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
quote:Originally posted by J_U_ICE: Posted by: chiphldr In reply to: bliz82 who wrote msg# 30529 Date:8/4/2006 8:55:24 PM Post #of 30778
Talk about how QUICK the numbers can add up in Construction and Real Estate Developement....Bet you never see real assets or numbers like this in PENNYLAND...Strong buy me thinks
Posted by: bliz82 In reply to: None Date:8/4/2006 7:42:15 PM Post #of 30614
Here's a list of projects I've compiled with expected revenues and profit in the next year or two. Let me know of any obvious mistakes or corrections I need to make. This does not include CCM at all! Tks!
Emaar Properties deal...$124M in revenues next 12 months
Red Sea Group supply side agreements $3M net profits (timeframe?)
Al Reem Island Resort...$130M in revenues next 24 months (roughly 65M in next 12 months) plus another $300M from ancillary products over the next 36 months (roughly 100m/yr).
Intec industries deal for 2 tire recyling plants...38M (30M euros). Completion date is around April 2007.
Two new automated robotic truss manufacturing facilities. Current plant in Kitchner, Toronto, ON does 4-6M per year in revs. New plants are expected to result in a 300% increase within 24-36 months. Estimated 16-24M in new revs. At least another 8-12M (I used 10M) in 12 months...12-18M in 24 months and 16-24M within 36M
Two state of the art lumber distribution centers. One in Detroit and one outside New Orleans. Each one expected to bring in 22M in revs per year when completed. Detroit facility should be done and the New Orleans one should be near completion (say 35M within 12 months).
Expected revenues in the next 12 months...375M (not counting old Sulja Bros rev from normal operations)
300 permanent residential units outside Biloxi, MS. 80k-150K each with construction costing 29M. Net profit expected to be 28% of sales. Using 132.5K per unit equals 39.75M in sales and thus expected net profit of about 11M (39.75 x .28)
Here's some rough numbers from all the Lofts we have and are building/renovating (used profit margin of 28% of sales).
Landsberg Lofts North...2.1M sale price...Net profit 588K
Ambrose Lofts...4.7M sale price (40% to Loftwerks) = Net of 526K
Doctor's Building in Nashville (50 units)...15M sale price = 4.2M net profit.
Mid rise condos in Detroit (50 units)...40M sale price = 11.2M net profit.
The Carlton Loft Condos (48 Units..140k-400k) used 200K x 48 = 9.6M sale price or 2.68M net profit.
The Carola?
The Stuberstone Lofts (13 Units at 150k-250k) 200K x 13 = 3.6M x .28 = 1M net profit
Jamison Lofts (12 units 221K=345K Avg 280K) 280K x 13 = 3.64M Net profit 1.02M
New Center Lofts 150K and up ???
St. Charles (12 units 160-200K) 180K x 12 = 2.16M x .28 = 604K net profit.
Landsburg Lofts (8 units 172k-370k) used 250K avg for 2M sale price and 560K net profit.
Riverton Lofts (172 units at 100k-500k) used 150K x 172 = 25.8M in sales and 7.22M net profit.
Roosevelt Hotel (32 units from 124k to 195k) used 150K x 32 = 4.8M sales and 1.34M net profit.
Van Vliet Condos (14 units used 179K) = 2.5M sales and 701K net profit.
Lamar (10 units at 130k) = 1.3M in sales and 364K net profit.
Best estimate on all lofts listed...156M in sales and 43M in net profit.
Sulja expected revs next 12 months...375M x .25 = 93.75M net profit
Old Loftwerks projects...156M x .28 = 43.5M net profit.
Combined total of 531M in revs and 137.25M in profit.
Divide the profit by our current O/S of 500M = .274 EPS x 30 = $8.23 PPS for a PE of 30-1.
Take out all the loft projects and you still get 375M in revenue and 93.75M in profit divided by 500M = .187 EPS x 30 = $5.62 PPS for a 30-1 PE.
Feel free to point out any obvious errors or misinterpretation of any PR's. Obviously, this will all change when CCM is merged into us. Thanks bliz...
Please excuse my ignorance, but I have some questions about this post.
1) Why would one use a net profit margin of 28% of sales. Wouldn't 9% be more accurate?
2) Why would one believe that these projects would be finished with in the next 12 months. Wouldn't with in the next 24 months be more realistic?
3) Why would one use a PE of 30 for SLJB? What is the appropriate (typical) PE for this industry? (I have seen 15 to 30 used)
4) What is this talk about a reverse merger all about? What was the change from loftworks to SLJB?
Again, please excuse my ignorance. I am just trying to learn.
Thanks in advance.
Posts: 84 | Registered: Aug 2006
| IP: Logged |
posted
Good morning everybody. I wonder how many prs we get today. This company hasn't been too shy about releasing prs in the last few days. Hopefully they post the audited financials this week. It would be nice to see green today.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
| IP: Logged |
posted
Thought we might see a PR before the bell, but I forgot they like to release them at random times LOL! Charts show a slight down trend, but, I believe momentum, past PRs and fundamentals will move us up this week:) Hopefully all the people dumping large blocks of shares are gone and we can progress! GL with all your trades today...
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
quote: A year from now everyone will know this stock is a scam
hmm...now thats your opinion...and only time will tell...and IMO this is a diamond in a rough...we will see who is right...
Thats the sound of someone who shorted the stock and wants to bash it so they can save some money.
Posts: 337 | From: NJ | Registered: Mar 2006
| IP: Logged |
posted
I think were still seeing some selling from whoever loaded up before the fax scam. Nothing else explains the selling at this level... But, this will only be temporary. The next PR will send us back to much higher levels, hopefully to stay:) Looks like we may be heading up as I type...
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
posted
you see tons of buys, and a few sells causes a downtick, how is that possible? who's dumping?!
Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
| IP: Logged |
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
| IP: Logged |
posted
I like this personally. I think that all the large selling is gone. They will trade this sideways. And then BAM. BOOYA. We're off to the races. Their is a few peeps on Ihub, saying that they cant get filled. This is because the MM's have no shares. They will get caught with their pants down. Its just a matter of time. Some will agree, others will disagree. But what do I know?
-------------------- Sometimes I just want a NORMAL life? Posts: 652 | From: 90210 | Registered: May 2005
| IP: Logged |
posted
Spread narrowed .088 x .09. MMs may be desperate. Nobody selling their shares. Don't give them any shares.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
| IP: Logged |
posted
I believe this will have a difficult time breaking out, until they post the third party audited finacials. Although, I do not believe there will be any difference, it is still comforting to some investers. It sucks to be stuck in a pattern like this, but it will break soon enough. Many great things to come. This is just my opinion, due your own DD. GLTA
posted
I'm really surprised this is hanging on so well today after that fax blast PR. I figured we'd see .07 today
Posts: 337 | From: NJ | Registered: Mar 2006
| IP: Logged |
posted
I hope we see one, It would be smart if they are pumping and dumping to put one out though so maybe not, But if there for real why would they need to put one out? Just keep up the good work and let things fall into place.JMO
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
| IP: Logged |
posted
I agree, weve allready had all the good news we could ever ask for in the last few weeks. I dont need a pr to know i want to be in this stock and I think the company knows they dont need one as well.
Posts: 596 | From: Kansas City | Registered: Jul 2006
| IP: Logged |
posted
I agree, we have had great news thus far. But, we need the audited Fins to get us to the next level, and I thought we might see them soon since they already have the #s on their website. Posters on Ihub posted last week that big things were coming down the pipeline this week, so I guess we'll have to wait and see. Did anyone see that 1mil sale at .0821??? Who would sell at that price, what an idiot...
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
