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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board)
SLJB 0.000001000-90.0%Jun 4 9:43 AM EST

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From: creede9/16/2006 11:28:53 PM
  Read Replies (3) of 1521
 
This sounds good to me <gg>.

(from IHUB)

Posted by: smartinvestor
In reply to: Rawnoc who wrote msg# 76494 Date:9/16/2006 8:44:43 PM
Post #of 76817

"company seems pretty confident of getting Nasdaq listing. That's $4 per share for 90 days. That's a $2 billion market cap nonstop. Interesting. A small reverse split though would probably be wise. Would pay off nicely."

Read this:

investorshub.com

Let's do the maths

previous 2007 financial guidance
307 M and 56.3M net profits or .112 EPS

Let's assume the cement deal will be fully added to the initial 307 M and we have 657 M revenues for 2007.

657M is 2.17 Times 307M.

In order to calculate the new net profits for 2007,apply a multiple of 2.17 to the initial 56.3M and .112 EPS and
you'll have the new 2007 financial projection:

122M net profits or EPS of .243

SLJB price target:
-----------------------

PE of 20: 4.86$
PE of 25: 6.07$
PE of 30: 7.29$

Bottomline,these calculations are clearly showing that SLJB profits are more enough For a Nasdaq listing.

GB-ND
c
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