SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board) Message Board

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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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To: creede who wrote (560)	9/17/2006 10:19:15 AM
From: yassinzineb	Read Replies (1) of 1521

Creede,yes,it sounds good. However,note that the 657M are based on growth in the US and Canada.Steve told us about 10 days ago in his statement on SLJB website that they would concentrate their business in the Middle east going forward because of much better prospects... Assuming the cement deal will be fully added to the initial 307 M and and SLJB could have 657 M revenues for 2007,but it's still unclear at this point. Here's the main source of revenues SLJB gave us a couple of weeks ago 2006 USA:15.5M Canada:26.1M Middle East:20.1M suljabros.com 2007 projections USA:70.4M Canada:45.5M Middle East:190.2M suljabros.com IMHO,i think it's better to be a bit more conservative and i would rather stick with my previous estimate i posted here: the main source of revenues for fiscal year 2007 is the Middle East,about 190 Millions $. Now with the cement deal officialy closed,SLJB expect yearly revenues of 350 Millions from Abu Dhabi alone! If you the maths,this contract should therefore add at least 160 Millions $ to 2007 revenues. 307+160=467 Millions... With these new projections and if the company delivers,EPS should be near .20. Definitely interesting...

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