Strong hold today, great sign IMHO. I also agree with your previous post, better things to come in the next few weeks. GLTA, have a great weekend SLJB-ites!

OT--Oh, OK, then thank-you! LOL!

OK, whatever you believe is fine with me. GLTU.

Thanks for the agreement.eom.

Could be! LOL.

They plane all 4 sides. Rough 2x4's are just that-- cut to "roughly" 2x4. When sent thru a kiln for drying and then through a finish planer, they will come out "finished" and ready for sale at 3-1/2X 1-1/2. SLJB lumber should be no different.

Altho no longer working hands-on in the business, I still carry an unrestricted construction supervisors' license in more than one state as credentials to back up my post. Carry on. JMHO GLTA

Sheer SLJB madness runs wild!!

Sheesh, reminds me of a pack of rabid dogs.

Keep throwing wrenches into the works, yep that will get us answers... honestly IMO some of you guys are bigger nags than my first wife, LOL!

See ya tomorrow.

Long and strong, sitting on more than enough for me to easily retire at my exit point. GLTA JMHO

Ditto! Nice post. JMHO GLTA

Either that or the timetable has moved forward....just a thought? JMHO, GLTA

Here here. Great post. Up and up bigtime very soon. JMHO GLTA

Legal issues by posting pertinent (and factual) info onto a public messageboard? I don't see it myself, but I suppose stranger things have happened. Thanks for the reply, JMHO GLTA.

Agree. If we are not getting the answers we need to see, then as the IR it is Marquee's job to find the answers for us, so we are supposed to needle THEM---that is THEIR job and what THEY are hired to do. They are supposed to keep the investors fat and happy and well fed. Correct me if I'm wrong. JMHO GLTA

Heck ONE post here from someone at Marquee could take care of it, no need to have an e-mail blast to everyone. Simple solution. JMHO. GLTA

It was never stated Sept 15th by Steve no, didn't mean to mislead anyone with any of my previous posts. It WAS however stated "a couple of weeks" on Aug 24:

http://www.marketwire.com/mw/release_html_b1?release_id=157143

And also "by mid September" here:

http://www.marketwire.com/mw/release_html_b1?release_id=156815

Everyone just assumes it will be Sept 15th, being that is the "middle of September".

Personally it doesn't matter much to me because I am here for the ride anyway. But no need to stumble-step now on that IMHO, gotta keep things rolling full steam--just a matter of cracking the whip on the correct backside to get things done, hehe. Time is money! JMHO GLTA

Understand the point and believe me when I say I'm in it for the long haul here, however I personally believe it would have quite a negative affect to the credibility of the company in many peoples' eyes if we were not to see some sort of financial disclosure (even a partial) around the 15th as Steve previously stated on more than one occasion.

I honestly think we'll see something to sink our teeth into prior to that, tho it may not be a total disclosure. Other contracts and mergers may not be finalized and can be released later on in the month, with the interview to be conducted "on or before" Oct 3rd. But I still feel it to be very important to get this one out on time, as it is the biggest piece of the pie, and all eyes are on the 15th as the deadline for release, like it or not. Some will simply have to work overtime I guess, LOL. JMHO GLTA

Insane. JMHO.

Agree. They would have to after the fact that Steve has already stated that the fins WILL be released around Sept 15. Otherwise it would be devasting without some sort of verifiable disclosure to keep everyone satiated, given the fact that he indeed stated that and they have just released some juicy PR's in addition to that. JMHO GLTA

Soon IMO. After all, it IS Sept 7th. More good things to come shortly. JMHO GLTA

That IMO means larger money. Even better.

Agree. Once we get out of this hole to the Nas and dual listed on the Dubai, it'll be much smoother sailing. JMHO GLTA

I still personally think Alabbar is the real top banana, and Khan and many others are under him. Either way, it's all good. JMHO

Keep going. JMHO.

Great news! Wonder what the contracts hold for info? Oh, wait, that's right---$$$$$$$$$$$$$$$$$$$$$. LOL

Things continuing to shape up nicely. Congrats to Mr. Khan also. JMHO GLTA

Good morning and I agree. Shaping up nicely and I suspect "Larger impact" PR's to come (financials, other contracts, etc) over the next couple of weeks to further drive the PPS well into dollar land. Once the fins are released that alone will take care of the $1 IMO, and once we get onto the Dubai exchange and larger hands dig in, we could see a major jump then as well. So far, so good IMO. Personal thanks to those behind the scenes working hard at it. Keep it coming SLJB! JMHO GLTA

I don't think SLJB have to worry much, others are getting at least that price also, so we must assume there is profit to be made at that price IMHO:

http://mywebpages.comcast.net/poiuytre/cement.html


BRYAN ANDRESEN INTERNATIONAL GOODS
WE PROUDLY OFFER THE FOLLOWING:

Ordinary Portland Cement Type 1 ( ASTM C 150 / BS-12 1991 standards)

Bulk : US$50 / MT FOB GRESIK
Bags : US$50 / MT FOB GRESIK ( 50 kgs PP or 5ply kraft paper)


Portland Cement Type CIF ASWP TYPE I,II,III

USA OR POLAND ORIGIN $50/MT

Clinker in Bulk : US$50 / MT CIF ( ASTM C 150 / BS-12 1991 standards)
Prices are UNCONDITIONAL SLC prices will be higher SLC.

Load rate :
2500mt pwwd shinc for bags
4000mt pwwdshinc for bulk
Gresik Port Details :
LOA : 160 m , Draft 10.6 m
Delivery : Within 10 working days of clean L/C
Minimum Order : 5000 MT (Bad Price) 12,500 MT Good price.

Maximum quantity per vessel (due to draft restriction):
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Good post Party, quite right. It'll be fun watching it all develop over the next few months...I'm certainly here with the rest of you longs until my target exit looms---it's a pretty large number so we'll see how soon it gets here, place your bets! LOL.

When I bail out on this one, hopefully it'll be to retire. JMHO, GLTU

Figure it out and do the math....Steel and wood will more than likely be at least equal to the cement figures, then whatever else is pending to ice the cake....IMO you are looking at roughly a billion dollar company upon release of everything within the next couple of weeks IMHO.

Now do projections for the future based on those types of numbers. Growth rate going into 2007 will still be phenomenal also, can't even dare a guess there.

PPS will follow accordingly, especially once the "largest of large" hands dig in. I don't believe they have even started yet, but we will certainly know when they do. JMHO GLTA

Absolutely agree. JMHO. Hang on for the ride, GLTA

Sweet! Almost double what they originally PR'ed!

What's next... Steel, wood, another billion? hah!

Excellent. I knew it.

I agree that they are still trying to expedite the Nas listing, and really the audit should easily be done by now, let alone Sept 15 IMHO. See here:

http://www.marketwire.com/mw/release_html_b1?release_id=157143

----------------------------------------

Part of which states:

"The company financial audits will be completed in a couple of weeks. Then a Form 10 will get our company to the OTCBB. Clearly, this is not our final goal. We will seek a NASDAQ listing. The company is making enough net profits to easily justify the NASDAQ move. Our long term investors know we are worth more and within a year, we will give them one of the greatest short term returns in the stock market."

-------------------------------------------

That was released on Aug 24----"couple of weeks" is Sept. 7th. Food for thought.




Everyone involved in this from us investors all the way up to the "head honcho" (Emaar I'm assuming) wants this to get rolling ASAP, simply because when it comes to building projects and supplies in the middle east,( and everywhere else for that matter) time is definitely money. Sometimes VERY large sums of money. So it is surely in their best interest to work night and day and get this rolling ASAP and thus best enable confidence in and growth of the company. JMHO GLTA.

Wow, don't you guys ever relax? It's only money ya know! LOL

OK, kidding aside---I've been digging with the laptop all weekend too, but did get to relax some.

Anyway...back home now, and back to SLJB...

Construction info--

http://www.mesteel.com/cgi-bin/w3-msql/goto_smotw.htm?u=http://steelmillsoftheworld.com/news/newsdis....

Dubai developers feeling pinch of rising costs of steel, cement & severe competition


UAE - 2006 September 4

Rising construction and land costs have cut Dubai property developers’ profit margins by 25% in the past 12 months, while the emirate’s residential market is bracing for a flood of new units, developers said yesterday. But commercial real estate in Dubai still offers rich pickings and developers are shifting resources there, hoping to ride a boom that is expected to drive up prices by 50% a year until 2008, they said.


The construction frenzy sparked by Dubai’s decision to open its property market to foreign investment in 2002 has focused largely on the residential sector which yielded huge profits in the first years of the boom.


But with demand for construction materials and labour surging across the Gulf and Asia, the industry’s margins are under pressure, said Hamid Yazdani, general manager of High Rise Real Estate.


The cost of cement, steel and other building materials has risen 20 to 25% in the past year, said Yazdani, whose company is constructing 35 commercial and mixed-use buildings in Dubai.


“Competition has certainly forced margins to go down by 25%. As there are more developments coming on-stream and competition sets in, margins tend to be squeezed,” he said at the launch of a 1bn-dirham ($272.3mn) commercial development.


Pressure is also mounting from land costs which have tripled in the last two years, said Harshit Kantaria, managing director of property management firm Aspire.


In the Dubai Marina, a large business and residential development, one square foot of land costs 250 dirhams, up from 80 dirhams two years ago, Kantaria said.


Kantaria estimates that 90% of the property under construction in Dubai is residential.


Abu Dhabi-based investment research house Prime Emirates said in August that 105,000 residential units would be completed in Dubai by the end of 2007, creating a surplus up to 33,000 units by 2008.


By contrast, supply from the major business developments, such as Business Bay and Jumeirah Lake Towers, will only hit the market in 2008 and 2009.


High Rise and Aspire are building three new office towers at the Jumeirah Village, another major commercial and residential development.


“Since Dubai announced freehold ownership in 2002, not a single square foot of commercial property has been delivered. That shows how much the potential is,” Kantaria said.

He estimates that the commercial property prices will rise 50% a year at least until 2008, having climbed 200% in the last two years.


Yazdani said the prospect of stellar returns and a new law formalising expatriates property rights in designated areas have increased the appetite of foreign institutional and high-net-worth investors for Dubai real estate.


Investors from Russia, Iran, India and Europe account for 70% High Rise’s sales, he said.


Meanwhile, Saudi private investment firm Wesam al-Madani Group has launched a property development project worth 1bn dirhams ($272.3mn) in the UAE emirate of Ras al-Khaimah, a UAE newspaper said yesterday.


Al-Khaleej said the Palace Island project involves building hotels and residential buildings on the al-Hamra beach.


It quoted the chairman Wesam al-Madani as saying that the project which will be built on 500,000 sq ft will be completed in 2008.


The emirate of Dubai – home to man-made islands shaped like palm fronds and a ski slope in the desert – started the regional property boom in 2002 by opening its real estate market to foreign investment.

Source: Reuters
----------------------------

SO, If this is true:

WINDSOR, ON -- (MARKET WIRE) -- August 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) has currently secured a large source of cement at an extremely competitive price from eastern European suppliers. The UAE currently faces a shortage in the cement production industry by about 5 million tonnes per year, forcing it to import cement to facilitate the needs of the construction industry, according to a recent report by the Middle East Economic Digest (MEED).



(Click here for details)
Concrete shortage slowing construction in DubaiA Sulja spokesperson stated, "We are currently receiving numerous requests for cement in the Dubai region and we are aggressively working to meet our client's needs." Moreover, CEO Steve Sulja stated, "We conservatively expect the sale of the cement in Dubai to reach 180 million dollars over the next twelve months. Furthermore we are negotiating a continuous and competitive supplier of structural steel. Another product in short supply in the region."
--------------

And, especially this part:

"Furthermore we are negotiating a continuous and competitive supplier of structural steel. Another product in short supply in the region."

Then SLJB IMHO has some pretty savvy management. They put themselves in a great position if they have indeed negotiated for X tons of steel already. With the lumber mill acquisition and cutting of 30% cost on lumber, and the securing of a cement supplier as well, it is thus quite possible that they will be able to garner a larger piece of the UAE market due to lesser prices, especially IF they are being "guided" in their endeavors by Emaar.

More grist for the mill. Is it Tuesday yet? ;-P

We can only wait and see I guess. JMHO GLTA

Agree that there are alot of "enthusiastic replies", but I still contend that that is better than the doom and gloom. JMHO.

Well that's it for me...I'm off to the lake, tho they are calling for overcast and possibly showers....maybe the fishing will be good! Have a safe and relaxing weekend everyone, better days lie ahead IMHO.

Dunno about that. Most I see here have already bought into this stock, and yes there are admittedly many that come to scan but most have already made up their minds as to what they want to do. Everyone are equal partners here, yet some have a tendency to think that they are "all that" with their DD for some reason and that is ludicrous. Bottom line is there are many different ways to come to a conclusion, and what one may think is "mindless drivel" could be a pure treasure to someone else. Regardless of how anyone finds there security, I think we should all support each other in our individual quests because it just makes us all alot of money that way. Throwing stones at each other for whatever reason only serves to segregate everyone further than they already are. JMHO GLTA

True and noted. But obvious (and repeated) bashing of a stock is not what "grownups" need to be subject to on a hourly basis either. I agree that if there are pertinent concerns that we should all be made aware of them, but other than that it is just like watching a news channel that brings only the bad things to light simply for the ratings. And I find that quite shallow myself. JMHO. GLTU.

Rager you're doing a great job, stay with it. Don't sweat the things you have no control over cause they will eat you alive if you do..take it from a businessman who used to eat tums by the bucketfull, hehe.

A positive atmosphere is always better than a negative one and is why I come here, to try and discuss (yes, sometimes enthusiastically even!) the stock I am up to my neck in-- if I want to hear about doom and gloom every other minute I'll watch the news or listen to a Marilyn Manson CD, LOL. Nothing wrong with putting out differing views, but I thought we were all here because we've already done alot of DD and have taken the step forward to purchase this stock.... unfortunately it seems some are here tho because they are either being paid to smear it, or they flipped early and are feeling bad for themselves and want to justify. Sad in both cases.

Anyway, stay with it, and may we all come out of this VERY happy. JMHO, GLTA

To those who haven't seen it--

Here is the link to Emaar's "Vision 2010":

http://www.emaar.com/AboutEmaar/InvestorRelations/businessstrategy/



Home / About Emaar / Investor Relations / Business Strategy

Business Strategy
Our key strategy to achieving “Vision 2010” will be “growth”. Growth will be our mindset, our architecture, in this era of virtually unlimited opportunities. No business sector is too mature for growth. No market is a hundred percent penetrated so as to deter entry by new, more competitive players. We will be wired not merely for growth, but with profitability and capital efficiency. We do not regard growth as a straight line shooting up, uninterrupted. The journey to the top is not for the faint-hearted. Emaar will need leaders and people with the courage and stamina to ride the rough with the smooth.

On the ground, the first step of our growth strategy will be to formalize a direction – Emaar as one of the world’s most valuable companies – and to pursue its ruthless execution. The second element of this strategy is business segmentation. To be the most valuable company in the world beyond real estate, we have to create business clusters functioning as different growth engines. These growth engines will grow concurrently, converging into a single entity in 2010 as one of the world’s most valuable companies, “The Emaar Group PJSC”.
-----------------------------------------------------

© 2006 Emaar Properties PJSC Privacy Policy | Terms & Conditions | Feedback




As stated in the link, they are going to be "ruthless" and grow quickly with their "business segmentation" and "growth engines". SLJB is almost certainly now one of those "engines", and as stated will also "grow concurrently" and "converge" into a single entity in 2010, which is also a very interesting statement that we can all dissect.... Muslmani (Pres of Wessal) knows the entire deal because he was at the meetings in Germany along with Emaar and SLJB and others, and due to their outcome jumped in with both feet to purchase 25% of SLJB--- so he knows where this whole thing is headed. I consider that single (and large) purchase agreement a huge indicator that this is going to places we can only imagine, and if it follows the business strategy plan of Emaar, it will do so within the next 36 months or so. JMHO GLTA

My gut tells me on this one more than anything else because this is no typical pinky stock by any means. That and knowing what we have in front of us on paper and who is involved further thickens the gravy.

Put it all together without looking at charts and trying to formulate, but rather by how things are quickly morphing and developing....one fish being eaten by another, and another, and yet another, and guess who is helping/guiding and who is the biggest fish of all? Yes, Emaar is. The company that wants to be the biggest company in the world by 2010. They meet with Wessal and Sulja in Germany for 180 million in SLJB's pocket, in ONE meeting. Nice. They want both SLJB and Wessal under their wing along with many other players, and have major contracts everywhere in the world that need Steel, Cement, and Wood. The bigger they get, the bigger SLJB gets, especially if SLJB can offer those materials at a lesser cost in the future due to dealings that being finalized now. Smart.

Further---SLJB rose 368%, and has only just started to really break into the middle eastern and worldwide markets. It is a safe bet they will see near or possibly much higher numbers down the line as long as Emaar is guiding them, and I believe they will be because they now have an export license and cheaper materials in hand that will save them much money and possible hassles with availability. Do the numbers over the next 24-36 months forward and see what you come up with with the same percentages---very impressive figures to say the least even at lower PE ratios. I think the large money middle eastern investors already know what they have here and will bank on it's future, and that is why Muslmani for instance has extreme interest in 25% share of the company. Others will follow too IMHO.

Charts IMHO do not tell the whole story on this one, especially in a stock that has had so many twists and turns such as this one has, and one who has so many other entities involved.

My gut is usually correct, and it tells me to hang on for awhile here. The DD solidifies this thinking, as does the excellent info we are receiving from the company itself on a timely basis. Sometimes we win and sometimes we lose as that is how this market works, but I have never seen a stock that is so seemingly straight forward as this one, with so many large name players involved....it is exciting. Pinky stock? Ha, only in entitlement IMO. I will wait this one out, no brainer.

JMHO---do your own DD and do not buy based on my speculation. GLTA

I posted this previously.

http://www.investorshub.com/boards/read_msg.asp?message_id=12881570

I still stand by it within a few months one way or the other and within a few dollars one way or the other.. Hopefully I am correct-- if not, oh well it was just a guess anyway--- much like everyone else is doing here. JMHO, GLTA

Exactly. Talk about having 3 long days of chewing...some unfortunately wouldn't be able to handle it IMO. LOL

A very real possibility there IMO, but if it were me personally pulling the strings it would be released in the last few minutes so everyone sees it just before the bell. Hard telling not knowing however. JMHO, GLTU