posted
one wierd trading pattern i noticed.. its very easy to sell shares at ask for this stock.. similarly easier to buy at bid.. I tried it with $800 worth flipping today .. bought at 0.075, sold at 0.079.. that too within a matter of 10 minutes.. so i am sure plenty of fellows out there are doing exactly the same thing.. till solid PR.. this is what people will do with the stock IMO..
-------------------- Gagged n Burried!!! Posts: 135 | Registered: Aug 2006
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quote:Originally posted by gagged_n_burried: one wierd trading pattern i noticed.. its very easy to sell shares at ask for this stock.. similarly easier to buy at bid.. I tried it with $800 worth flipping today .. bought at 0.075, sold at 0.079.. that too within a matter of 10 minutes.. so i am sure plenty of fellows out there are doing exactly the same thing.. till solid PR.. this is what people will do with the stock IMO..
So you are doing $42 daytrades plus comission costs?
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by quigley409: Cassity, i don't question what u hold but the validity of holding this stock long. I am new to this board and have watched a few of u banter back and forth and u have real reasoning behind u and wanted to know ur thoughts on todays pr.
There is a lot of proof behind the fact that Sulja is a REAL company. My personal feeling is that people are way to impatient. Business takes time to happen, filings take time to be finalized. The company has been great in updating the shareholder's as MUCH AS THEY CAN. I work for a decent sized aerospace company, and when "we" the employees are told about new contracts we are not allowed to say anything until they are finalized. This can take months to finally complete the process. We would love to know everything all at once, but that is not the way business works, privacy is big until things are FINALIZED. Piece by piece this puzzle is being put together and if you can't be patient enough to see the completed product, then people should sell. There is plenty of info out their to show the validity of the company's involved for me to be VERY comfortable in my investment. What others decide to say and do is up to them. These are just my personal thoughts, so take it for what it's worth. GLTY
posted
Oh and by the way when the company provides the audited financials I will be holding this stock for a long time, to answer your question. A lot of people say they are long, but most are just long enough, I'M LONG, check back in a year and you'll see. If the company follows through with everything(IMO they will) this stock will be worth a LOT of money in time and I'm willing to wait. JMO
quote:Originally posted by stocktrader22: So you are doing $42 daytrades plus comission costs? [/QB]
Pretty much stocktrader.. well, I dont do it daily, but just do one or two daytrades a week, and this was my first for the week. scottrade allows four..
-------------------- Gagged n Burried!!! Posts: 135 | Registered: Aug 2006
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According to the financial statements that have been released to the public, Sulja Bros. Building Supplies Ltd. (SLJB.PK) expects to increase it revenues by an astonishing $241,519,772 (368.8%) over the next 12 months (August 1, 2006 - July 31, 2007). This is based on expected results of current negotiations, already signed contracts, and growth projections for much of their new business in the middle east.
2006 numbers were impressive as well, as the company had a net profit of $26,023,991. Using a revised estimate of 500,000,000 outstanding shares with an estimated net income (after 40% in taxes), Sulja Bros. would have an earnings-per-share of $0.0312.
Furthermore, 2007 pro forma numbers demonstrate the company's expectations of rapid growth and expansion. The earning-per-share projected for 2007 (August, 1 2006 - July 31, 2007) stands at $0.1127.
Financial results from June and July 2006 are still yet to be released.
Now, to estimate what the share price could be for SLJB.PK based on the 2007 pro forma financials, lets take into consideration the PE ratios on the stocks of different building supply companies.
Note: The company (Sulja Bros.) have repeatedly claimed that there will be no need to reverse split their stock in order to be eligible for an uplisting to a higher exchange such as the OTCBB, AMEX, or NASDAQ. A NASDAQ listing requires, among other things, a share price of $4 and AMEX is $2. OTCBB doesn't have a share price requirement, but it does require quarterly financial reporting.
Although the comparable companies below have PE ratios in the 12 to 15 range, SLJB would be expected to have a higher PE ration due the fact they are considered a "high-growth" company. Thus a PE ration of 25 has been selected in this analysis with variations outlined in the table below.
Building Supply Companies > IPII CRH LR SLJB 2006 SLJB 2007
Market Cap: 43.14M 17.36B 21.17B 13.93M TBD
Employees: 148 66,466 80,146 ? TBD
Revenue: 75.69M 18.39B 22.29B 65.49M 307.01M
Gross Margin: 29.64% 33.87% 27.20% 44.4% 45%
EBITDA: 7.13M 2.56B 4.80B 26.02M 93.95M
Net Profit (applied to common shares) 15.61M 56.40M
As shown in the chart above, if the total outstanding shares stands at 500,000,000 as estimated, the share price should be $0.78 (YES! That's 78 cents) based on 2006 numbers and $2.82 when using 2007 pro forma numbers. When different PE ratios are applied to Sulja Bros. stock the price per share ranges are as follows:
Based on 2006 Financials ($.0312 earnings-per-share/500,000,000 outstanding shares)
PE Ratio Share Price Sulja Bros. Building Supplies, Ltd. (SLJB) 10 $0.32 20 $0.64 30 $0.96
Based on 2007 Pro Forma ($.1127 earnings-per-share/500,000,000 outstanding shares)
PE Ratio Share Price Sulja Bros. Building Supplies, Ltd. (SLJB) 10 $1.13 20 $2.25 Could this be what the SLJB management is seeing? } 30 $3.38
This analysis is congruent with the companies own assertion that there will be no need for a reverse split and if these numbers are anywhere near accurate, SLJB.PK appears to be worthy of a $5 share price or more!
As published in a recent press release on August 11, 2006, CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
Too good to be true? No, not in our opinion! Rare opportunity....Yes, extremely rare!
Quite possibly a "Once-In-A-Lifetime Opportunity" for some.
Hint: Take a look at SPEA (now CKXE)...
And when a stock like this runs, it can run for quite some time; see MNCS!
As always, do not base your investment decisions based on this analysis alone. It is suggested that one consult with their financial advisor or stock broker for advice and recommendations before purchasing any stock. Feel free to refer them to this site for initial valuation and information.
Please report any errors, comments or suggestions to sljb*urev.net Watch the Dubai Megaprojects Video!
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All information provided herein is based on due diligence and research conducted on behalf of Urban Real Estate Ventures, LLC. Urban Real Estate Ventures, LLC and its management give no guarantees as to the accuracy or completeness of the information given regarding the companies and/or claims displayed on this site. Management personally owns 150,649 shares and claims to be a "long-term" shareholder. Management of Urban Real Estate Ventures, LLC can sell a portion of and/or all shares of SLJB.PK stock at any time. This site may contain forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. It is recommended that visitors conduct their own research and due diligence to either confirm or deny any claims. Please report errors, omissions, or suggestions to sljb*urev.net
Posts: 4 | From: Westfir, Oregon | Registered: May 2006
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The overall market will be down DELL will be down SLJB will be down
I hope I'm wrong on the 3rd one.
Mad Tony? Who are you? Maybe SLJB will be down... Maybe up. I don't know. AND NIETHER DO YOU. If you want to post post something helpful to us all... good news... bad news... but make the news fact. Take you and your pointless one post bash out of this board. I don't like your kind and I think I speak for many others here.
-------------------- learnin as I go. Posts: 582 | From: Iowa, Michigan, North Carolina, Israel | Registered: Jul 2006
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posted
Very good and accurate information. Exactly what people have been talking about. I believe once audited financials our out, the true value of the company may show up in pps.
Posts: 596 | From: Kansas City | Registered: Jul 2006
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Red Sea Housing IPO Saudi Arabia: Tuesday, August 08 - 2006 at 07:54 Saudi's Red Sea Housing Services is holding a public float of 30% of its capital next week, according to Arab News. 9m shares will be offered through an initial public offering starting 12 August. Saudi Hollandi Bank is lead manager, while the offer will be supervised by Swicorp Financial Advisory. The IPO is only open to Saudi nationals.
Posts: 83 | Registered: Mar 2006
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quote:Originally posted by quigley409: stock... I have watched u post relentless amounts and i am wondering if u think this has a remote chance of opening bull tom. if u do i will respect ur decision and i might try to better my position.
Personally, I do not believe tomorrow will be the day that we fly. I think we sit around the upper .07's to low .08 and close around .08
That is of course unless we get some outstanding news that has validity behind it.
This stock is a real risk, but the return has the potential to be phenomenal. If we see audited financials from pricewaterhouse cooper, without a delay (since they project mid september)and the audit comes close to matching the company's numbers...I think the stock will explode! It will show that the company is legit, and shortly after I think a $.50-$1.00 range is not out of the question.
However, in their Pr they said they are in negotiations with pricewaterhouse cooper, and never said they are hiring them. Pricewaterhouse will audit any company, so besides negotiation price, the company should say they are using them for their audit, if this is legit.
I do have faith in this.
does anybody have a copy of the pr where they projected mid september cause i think i missed that one and i'd like to see it?
Posts: 131 | From: Louisville, KY and Cambridge, MA | Registered: Aug 2006
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posted
The company said the new call center would be in place within 10 days of the PR which was the 9th. I think they may want the call center in place, before they release anymore major news, so they can handle all the phone calls. I think we see news on the call center today or Monday. JMO
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by cassity: The company said the new call center would be in place within 10 days of the PR which was the 9th. I think they may want the call center in place, before they release anymore major news, so they can handle all the phone calls. I think we see news on the call center today or Monday. JMO
The company said the call center would be taking calls in 10 BUSINESS days from the PR.
CEO Steve Sulja stated: "The Sulja Brothers investor call volume at Wessal International exceeded the call center's capacity. Wessal International was unable to receive and respond to all questions in a timely manner. Another Investor Relations firm is being contracted in New York City, New York. The firm's name will be announced when all contract papers are completed. We anticipate the new firm will be taking calls within 10 business days ."
But what do I know?
-------------------- Sometimes I just want a NORMAL life? Posts: 652 | From: 90210 | Registered: May 2005
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posted
I can't seem to find Steve Suljas email address. Cold someone post it, I have a couple of questions for him.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Invester, I sent a request to the company to provide Steve Sulja's email address. I will let you know as soon as I receive it.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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posted
.075 .0785 .075....LOL you could make some serious money on 5 minute flips if you were so inclined.....lol
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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The overall market will be down DELL will be down SLJB will be down
I hope I'm wrong on the 3rd one.
Mad Tony? Who are you? Maybe SLJB will be down... Maybe up. I don't know. AND NIETHER DO YOU. If you want to post post something helpful to us all... good news... bad news... but make the news fact. Take you and your pointless one post bash out of this board. I don't like your kind and I think I speak for many others here.
I say what I want, when I want, where I want now...Shut up!
Posts: 670 | From: U.C., CA | Registered: Jan 2004
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posted
I just got of the phone with the 'Nevada Secretary of State' to inquire about the asset transfer, as that was where I was directed to call.
Since SLJA has not given full disclosure regarding what those assets were I wanted to follow up on that myself. As I said yesterday, I will continue to just look into these things myself as I think we need verifications to these pr's so as we all can sleep a little better knowing our investments are secure.
Unfortunately, the woman I spoke with could tell me very little but, there was some kind of a filing on 7/20 by Sulja, then right after that another on LFWK. She told me that neither had details of what the transactions were. So, all we know was that there were some kind of filings between each of them. As far as any recent asset transfer, she did not see any (not to say that there wasn't any), she just could not gather that and didn't know where to even direct me. So, my homework continues. If anyone here knows of another number to call, feel free to post it.
Now, as far as this lumber mill, that is very frustrating as Steve did not only leave the name out but he didn't even give us a state of where it's located. I would like the pr's to be more detailed & informative as far as names, and places of where these supposed deals are being done.
Phone # I called was: 775-684-5708
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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posted
You see WIT, that’s what I'm talking about. That’s great DD, and a great post. Also, he doesn't want to tell you what lumber mill there buying before you put some ink on in. You could have a secondary bid, or a number of things could affect the deal. That's just good business sense. Anyway, good work.
Posts: 4381 | From: houston | Registered: Mar 2006
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quote:Originally posted by stocktrader22: It's a great time to get into this, before next week..Who knows what we hear on monday regarding the transfer asset and audited financials.
This is not a great time to get into this stock.. Waiting for confirmation never bankrupted anyone.
Posts: 2965 | Registered: Aug 2005
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posted August 18, 2006 05:30 PM --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Originally posted by stocktrader22: It's a great time to get into this, before next week..Who knows what we hear on monday regarding the transfer asset and audited financials. --------------------------------------------------------------------------------
This is not a great time to get into this stock.. Waiting for confirmation never bankrupted anyone.
-------------------- I've seen all your eyes and I've seen all your faces Can you tell me honestly that you wanna be free
Corporation Actions for "SULJA BROS. ACQUISITION CORP." Sort by File Date Document Number Action Type descendingascending order
1 - 1 of 1 actions Actions\Amendments
Action Type: Articles of Incorporation Document Number: 20060319873-49 # of Pages: 1 File Date: 05/19/2006 Effective Date: Initial Stock Value: Par Value Shares: 200 Value: $ 0.0001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 0.02
SULJA BROS. BUILDING SUPPLIES, LTD.
Business Entity Information
Status: Active on 5/9/2006 File Date: 4/19/2005 9:13:58 AM Type: Domestic Corporation Corp Number: E0226382005-5 Qualifying State: NV List of Officers Due: 4/30/2007 Managed By: Expiration Date:
Resident Agent Information
Name: CRA OF AMERICA, INC. Address 1: 3638 N. RANCHO DRIVE Address 2: SUITE 6 City: LAS VEGAS State: NV Zip Code: 89130 Phone: Fax: Email: Mailing Address 1: Mailing Address 2: Mailing City: Mailing State: Mailing Zip Code:
View all business entities under this resident agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 800,000.00 Par Share Count: 800,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Secretary - LESLIE A BUDWAY Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
Treasurer - LESLIE A BUDWAY Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
President - LEO JOSEPH MELOCHE Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
Director - STEVE SULJA Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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