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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: creede who wrote (560)9/17/2006 10:19:15 AM
From: yassinzineb  Read Replies (1) | Respond to 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...



To: creede who wrote (560)9/17/2006 10:37:36 AM
From: jmhollen  Read Replies (1) | Respond to of 1521
 
Regarding the referred post's content..: there will be no r/s per both the Sulja's and Petar V - repeatedly. It will not be needed.

OTCBB first, then up to the NAZ when they get a 'round Tuit'.

John :-)

.



To: creede who wrote (560)9/17/2006 11:44:54 AM
From: TheOhioBuckeye  Read Replies (1) | Respond to of 1521
 
creede, lets not forget anyother "Buildings" that SLJB will be supplying product for that have yet to be announced

or the Lumber !

And whatever other stuff the co is keeping up its sleeve to suprise the shorts, mabey a dividend?