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IBLUBBER-I'm not convinced you exist. You might be some robot or autamaton or some computer program since your replies lack intelligent reasoning. Ya know, you don't exist cause I've never seen you and you're about to go on my iggy. JMHO
Close .016?
These people are desperate for that auditors name OMG, too funny. I hope they never find out
iblubber ibubber iblubber 1blubber about nothing but it's my right since i don't have any shares
Your name fits ya iblubber
EDIT here: Pennimon-they're 6mm metric tons short. 880k a year isn't going to help their cause much. They'll still need to import. I'll get the link if you need it.
The Middle Eastern construction sector is suffering from a severe shortage of cement, it has emerged.
According to a report by the Dubai Chamber of Commerce and Industry (DCCI), the region is facing a deficit of around 6m tonnes; in 2005, cement production totalled 122m tonnes, reports Trade Arabia.
As a result of the shortage, cement prices have increased by an estimated 10%, while steel prices have increased by nearly 50% because of high demand, according to the DCCI.
'Steel production in the region increased by 12% in 2005, from 14.2m metric tonnes in 2004, while on the other hand consumption increased by 37% in 2005 from 25.3m tonnes in 2004,' said the report.
Established in 1965, the DCCI views itself as the 'backbone of commercial and economic activities' within the United Arab Emirates.
The DCCI is estimated to have around 79 000 members.
© 2006, Adfero Ltd
Hold folks, they can't take it down without shares.
Check out SLJB's unaudited and it throws your figures way off. .03 without any multiple. You don't own or know chit about SLJB. Why are you trying to destroy my investment with your ineptitude at figures?
You're wrong there jim. Recheck your figures and don't use a construction company eps
Nice finds Tex. They never said the contract was 100mm all at once but nice to know that if they need that much all at once they can get it. At even just $1 profit that's $100mm bottomline.
That stuff about Omar with party I couldn't follow. This guy Bachynsky seems on the up and up. What's the deal with Omar?
Thanks much for the DD
thing is, cement has been a major theme for a long time. That $350mm deal for cement was probably part of this 100mm metric tons allocation, so it follows, there must be SOME TRUTH to it or else it would have been dropped like the CCT merger, but it hasn't. Besides, if audited are close to unaudited then this is worth .30-.50 with just Sulja and Sams, so the concrete is nice going forward but a pr has little effect on the basic value this company should have which is NOT reflected in the current pps - JMVHO.
airys or hog-anything back about the audit? you guys were going to call and verify, so sorry if i missed that one. TIA
sorry todd, innocent till proven guilty. not the other way around. not a lie till proved a lie and you haven't proved anything
mccoy-paiv moved 35,000% in less than a week. Highest % gain I've ever seen and a massive short squeeze was in play. Made some millionaires - not me tho lol
are we at 476k shares traded or is TDA screwing up?
exactly mvenom, he can't bs at this point-he's on the precipice (sp)
EDIT (math) Garvis-that $350mm deal may be gone but it's replaced by 100mm metric tons at an international rate of $50/metric ton, that's a $5 billion deal. Spread out over years of course. Could be huge
Read my previous post. And check on Africas production while you're at it. Who says it has to be all at once? Even just 2mm metric tons a year sold adds at least $10mm profit to the bottom line.
In 2005, the United States produced an estimated 97.4 million metric tons of cement. China's annual cement output stands at 490 million tons, or more than one-third of the world's total.
FWIW
http://www.people.com.cn/english/199905/24/chnmedia.html
Who says the concrete has to be made in the americas?
alwaysup-China too, they produce about 33% of the worlds concrete but are using about 40%. I'd say if we found a country with a surplus of 100mm metric tons, even spread over years, that is a coup.
.013x.018 WTF
My guess is the concrete is with some country that actually has a surplus. Like Africa.
chisox-i know one-ptsc. And if there's one there's more
The Middle Eastern construction sector is suffering from a severe shortage of cement, it has emerged.
According to a report by the Dubai Chamber of Commerce and Industry (DCCI), the region is facing a deficit of around 6m tonnes; in 2005, cement production totalled 122m tonnes, reports Trade Arabia.
As a result of the shortage, cement prices have increased by an estimated 10%, while steel prices have increased by nearly 50% because of high demand, according to the DCCI.
'Steel production in the region increased by 12% in 2005, from 14.2m metric tonnes in 2004, while on the other hand consumption increased by 37% in 2005 from 25.3m tonnes in 2004,' said the report.
Established in 1965, the DCCI views itself as the 'backbone of commercial and economic activities' within the United Arab Emirates.
The DCCI is estimated to have around 79 000 members.
© 2006, Adfero Ltd
janice-again, supposition on your part, supposition on my part
Flipper-got proof of this complete statement? NO correct audited finances, no ME contracts, no accurate UNaudited finances and NO Pro Forma! NONE
LOL, Flipper, repeated posts are deleted tooo
Janice, maybe it got faxed to a lawyer over there for approval and he reviewed and okay it. Your guess is as good as mine, but I do know that it doesn't reek of desperation. It's good news anyway you look at it
Janice - a lawyer? Who else?
All these people that don't own trying to destroy my investment with negative innuendo. Do us all and yourselves a favor and get a life outside this board.
Again, that's your OPINION and you should say so. Thanks anyway, your "facts" are not welcome
janice-gee, released from the ME? it was 9:15 am there
RBG: you should post all the facts, not just what you want to see. The audit is in the hands of a new company the name of which you'll never get ROFLMAO!!!!
Cement-they don't have to take possession of it, like a gold futures contract, pennies on the dollar. It's there for them. I don't have to own a house to sell it, just need the license. If they say they have it, couldn't they? It appears they're trying to come clean - so why wouldn't it be true. 6 mm metric tons for the ME is with a $5/metric ton profit is $30mm. Not bad. As I already pointed out China produces about 33% of the worlds cement but are using 40%. I don't get your thinking. You think the world can't use that much cement? 100mm metric tons is about 1/15th of the worlds annual production - I think they'll be buyers. Hell, even if they only sell 2 mm metric tons a year, that's $10mm to the bottom line.
FWIW :china had been expected to use 40% of the worlds concrete but they are only making 33%
My mistake-at an allocated 100mm metric tons that would be about 1/15th of the total annual world output and I hope that amount is true. Gee, anybody need concrete? This thing could and will turn around, maybe quicker than we think. Since the audit is about complete, that would be the key. Full faith in Steve and the plan.
So at 100mm metric tons Sulja has allocated to them about 1/7th of the worlds concrete. I sure hope thats true. Off to work
HOG: probably something in there for Sams with a % of future profits - might make that $500k more appealing. JMO
In 2005, the United States produced an estimated 97.4 million metric tons of cement. China's annual cement output stands at 490 million tons, or more than one-third of the world's total.
FWIW
http://www.people.com.cn/english/199905/24/chnmedia.html