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The countdown has already begun..
IMHO that is. GLTA
It is VERY important IMHO that Steve makes good on this promise of "mid Sept", which in a recent PR on Aug 24 was actually upgraded to "a couple of weeks":
http://www.marketwire.com/mw/release_html_b1?release_id=157143
The "couple of weeks" falls onto Thursday Sept 7th, which is why I hinted in earlier posts that we could possibly see something as early as next week, and a possible "chew on it for the weekend" PR today.
Either way, it should be soon, because it would create tons of uncertainty IMO if it was put back, even with a PR explaining why. People are chewing fingernails as it is now and they've been basically told when to expect release, no need to give anyone a heart attack! LOL. JMHO GLTA
Great post.
SLJB is definitely in an enviable position IMO.
Many more opportunities could soon open up for them all over the world, especially now that they have a strong relationship with Emaar....this will only serve to help them grow to unprecedented heights over the coming weeks, months, and years, IMHO.
http://www.khaleejtimes.ae/DisplayArticleNew.asp?section=business&xfile=data/business/2006/augus...
JMHO. GLTA
Soon the juggernaut will reveal itself to all...exciting anticipation... a few more days before total liftoff IMHO... I believe patience will be greatly rewarded here regardless. Buy or load if you so chose, not much time left at these levels IMO. Today should see sweet volume as alot of people will be taking tomorrow off for an extended holiday weekend.... Possible PR also to chew on? I think I'll stay tuned myself... GLTA, JMHO
Don't forget the many PR's with hidden messages that can only be deciphered with the secret decoder ring from a box of Trix, LOL!
I'm all in too, waiting as patiently as possible. GLTA.
Asus--thank-you for taking the time to get those answers.
Altho many items on the list are still "to be determined", it is clear that they are not leaving "t's" uncrossed or "i's" undotted along the way and are being precise in their steps taken, and that is simply smart business IMHO. Thanks again for the efforts. 12ring
Good point and I agree, but they are headstrong and seemingly determined. And, it was mentioned "ONE of, if not THE", that covers more than just "THE" biggest.
Regardless, just re-stating what others have stated. They are certainly big enough to get MY attention, tho, LOL!
I am patiently waiting for the documented results of the Germany meeting on August 2 between SLJB, Consultech, Wessal, and EMAAR. It was also hinted at those meetings to there being "3 new developments", but unless those "new" developments are VERY large, IMHO Emaar wouldn't even bother with going to Germany themselves would they? They would let the "underlings" handle it, would they not? Another couple of words mentioned with regards to the Germany meetings were "contracts and closings", both of which definitely happened--in fact that was where the pres of Wessal stepped forward and bought a major share of stock in SLJB---so he knew everything that happened also.. Yes, greater things definitely to come IMO. I feel that if Emaar is guiding Consultech, Wessal, and SLJB, then there are some VERY large hands that also know the "full deal" and who are waiting for the right time to jump in---Emaar is tied into both the Dubai Government and banking system and thus their largest investors as well, and they all really want to put these smaller companies in key positions under Emaar to help them grow to one of if not THE largest company in the world by 2010---this ongoing wish has been stated publically more than once by Emaar in recent months. Each one of the smaller companies who are currently involved under the Emaar umbrella (including SLJB!) are in a very enviable position IMHO, as they will be able to ride the coat-tails of this giant as it moves and be force-fed some serious revenue in the coming months--growing substantially along with Emaar themselves as they do. We fell into a superbly classic case of bigger fish eating smaller fish, only on the largest scale I have ever witnessed... Everything else here is just starting-point tidbits and the placing of springboards to the next level IMHO--- and the dinking around flipping for peanuts and arguing about the smaller companies, digging up dirt, holding things down, etc., seems like a total waste of time to me--- why? Well because in a short period of time I firmly feel that this juggernaut will step forward with the final pieces of the puzzle and reveal itself to all--- and as Steve has so knowingly, strongly, and confidently summarized, "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."
I for one unequivocally believe him, based on what I am seeing and knowing who is involved throughout the chain. One cannot throw mega-name connections out like Steve has been doing without serious repurcussion if what he has claimed was indeed false. Yes. Definitely MUCH Bigger things to come, but by all means, do your own DD---this is just my own speculation! JMHO. GLTA
IMHO they will jump in when it becomes necessary to maintain PPS levels for Nasdaq requirements and probably not before. They stand to make some huge gains once on the Nas, so I think they can afford to wait until then. I believe financials, other choice tidbits of info of future dealings and mergers from Steve, big-time middle eastern money other than Wessal, along with some other large institutional money, etc., will get us to those levels on their own... but the Wessal influence will be a perfect "security blanket" to ensure there are no hiccups in the Nas quest. JMHO. GLTA
Great point there.
Allinone-- Thinking is along the same lines, as I posted early yesterday morning in post #56901. I honestly didn't realize that Monday the 4th was a holiday, and maybe no-one (Chad and crew) else did either? But reagardless that would just allow one more day of "simmering" before the open on Tues---I think it would be a great move myself to release the audit news on Friday afternoon, or even after the bell! Watch the pot boil all weekend, and Tuesday morning, get ready to roll. JMHO, GLTA
Exactly. And also long before any of them had any inkling that this was going to become the diamond that it apparently now is. My own DD done back many months ago never put any connections together like we see now....this has only come about in the past few months. LFWK shares are obviously not the same now as they were a year ago, so really we cannot pat ourselves on the back for being where we are IMO, we basically fell into this in all honesty.
However--
NOW there is alot of verifiable info coming in and we CAN control our own destinies with in-depth DD, and I personally think this whole thing is going to morph even further forward in the coming months. IMO that can only mean good things to shareholders. JMHO GLTA
I don't believe we'll see 8's all week, I'm expecting volume to go up some as the buzz gets louder and more people load. JMHO.
I'm personally hoping audited financials will come Friday afternoon, earlier than predicted and before the Chad interview on Monday---that would raise eyebrows in that they are releasing earlier than the Sept 15 date when everyone thinks they are coming, and it would also give people the entire weekend to contemplate how much they are going to get in for. (if they haven't) It would also give a bit of time for everyone to talk and get the word out to families, friends, and those who are not directly associated with the messageboards or the stock itself. IF they can pull that release off on Friday, then the following week will be a boom IMO...a BIG boom. With the interview at 10 central time on Monday and all of the market wires of audited financials that would be released in conjunction with it, well we would basically own the market and messageboards for at least a couple of days IMO. With this much publicity and verification of financials, (along with any other juicy info that Steve wants to release to further ice the cake) I have no doubt that the big money would then dig in and effectively create our springboard to the Nasdaq quite quickly. JMHO.
I do continue to think people forget the fact that this is NOT a typical pinky in any way, shape, or form. The pro forma rev projections are 368% higher for 07, up to $307+M and that is WITHOUT items that came in after it's release. If everything is verified in the audit, then we are looking at at around 500M for 07 IMO. What with the industry in the UAE and especially in Dubai being what it is, I have no reason to doubt that this will continue to grow strongly in the future as well and we can easily be staring at a billion dollar company by 08! Pinky? HA!
Middle eastern "big money" doesn't work like American big money does either. If they want something, they simply throw money at it by the bucketful, they don't dink around over a few million here or there... they want it done, NOW. Look at the purchase of Laing for instance---1.04 BILLION, CASH. Look at the Palms also, or the two newer, bigger Palm-type islands that are coming....boggles the mind at the massive scales and amount of money there is over there---money is no option to them. These gents could buy Microsoft with cupholder change, hehe. And some of these gents want to help SLJB grow under the Emaar umbrella? Sweetness!
I still firmly believe that we dabbling penny players just all happened to be in the right place at the right time with this one even tho "we've done our DD"... classic case of smaller fish eaten by bigger fish (times 4! hehe)and it may just give us a healthy dose of "shock and awe" when things are verified and the bigger machine gets rolling. Given the names and reputations of the individuals and companies that we know to be currently involved, I also have no reason at this time to doubt that everything will in fact be verified within the coming days. I am all in, and hopefully soon Steve can follow thru on his promise of: "within a year, we will give them (stockholders) one of the greatest short term returns in the stock market". GLTA JMHO 12ring
Agree and right with ya Fish!
Mine are 90% locked away too, and they have a note on them "Do not open until Jan 2008", LOL. The rest I will turn over at my leisure when I have a mind to---still a ways down the road tho, even with them.
I'm looking forward to the dual listing myself---once on the Dubai exchange there will no doubt be some VERY large hands that will get involved--- Big, burly hands--the kind that buy billion dollar corporations out of petty cash type big. Once that happens then other big money will also immediately follow, the domino effect takes over, and it will all play out on a much, much higher level IMO. How high depends upon just how much faith these large hands have in Emaar and it's supporting cast of characters, ie: SLJB..... I think much faith, myself. JMHO GLTA.
That's what I'm thinking. If so good, it will get us moving up the ladder quicker that way and I like to watch my stocks climb! LOL. JMHO GLTA
Agree. I'm still wondering if the interview would be best served to be done BEFORE the audited financials come out, or AFTER? If Steve feels Chad would be a great spokesman then the interview may very well come AFTER they're released for increased impact. If that is the case then I think Friday Sept 1 is a great date to keep in the back of our minds. If not, then we still have until mid Sept sometime. Crystal ball is still not giving it up, so it is all speculation of course.
Either way, things are really going to start moving soon. JMHO. GLTA
Just saw the news about the upcoming interview, more publicity is always a good thing. Can't help but wonder if there will be even more or bigger news by then, seeing as those interviews usually have to be set up ahead of time...just thinking out loud while I am getting into my second cup of coffee.... They're staying on top of the ball tho it seems and things are clicking, that's why I mentioned yesterday that I think this whole thing is going to move along faster than some people expect. JMHO. GLTA
Yep. That's a 360+% increase from 06 numbers, and you KNOW it is going to do that again 12 months from now. Even if it is only 200 or 250% or whatever... makes little difference.. Do the math....looking at roughly a billion dollar company within 24-36 months IMHO, standing on it's head.
What's that PPS figure again?? LOL JMHO GLTA
And you guys thought I was nuts....LOL IMHO I may be off a little bit, but not by a whole lot. JMHO GLTA!
Everyone on this board posts pure speculation when it comes to future PPS levels. Experience has little to do with predicting the future IMHO as I know more than one millionaire that got there by blind luck. To answer your question no I am not in the market business directly, but am CEO of a company here in the USA and have "scored well" in the past as an investor by doing intent DD "in my own way". Anyway, this is an anonymous messageboard system, and that's more that enough info about me.
I hope it all comes out as I've stated, but if it takes longer no biggie. JMHO. GLTA.
Hey, someone asked and I told them what I thought. LOL. What's your prediction?
Stranger things have happened in all honesty. One stock I was in went $150 in no time at all... like I said, stranger things have happened.
No crack needed here, but thanks for the offer. ;-P
Tough to predict, crystal ball is not giving it up, but... IMHO first we have to kick the remaining weaker guys to the curb and to do so we must receive the audited financials, confirmation of assets, and verifiable info on any juicy new mergers, contracts, etc that Steve has so subtly eluded to. Once done then I believe Wessal and the other big money "friends" from the mid-east will dig in....This is going to quickly weed out the remaining weaker hands and drive the PPS up significantly so as to maintain Nasd requirements of 90 days at over $5 (full listing, not messing around with anything less IMO) Once there everything will further grow and take care of itself because the firestorm will be started.
Timeline? My own prediction here (my opinion only, do not purchase due to it-- do your own DD) is $1 by around Sept 20,( financials by Sept 15 remember) $6-8 by Oct 20, Nasd listing 90 days later or by the end of Jan 07, and $30+ per share by Jan 08. All speculation of course, but that is how I see it all unfolding. I'm certed, strapped in, and intently watching. None of my shares are going anywhere for awhile. JMHO GLTA
They plan to be on the Nas ASAP---they are not dinking around at all and this is plain to see-- everything is falling into place quickly. Remember that this is all more than likely under the Emaar umbie, and they have publically stated exactly where they want to be by 2010. IMHO this is going to go faster than some expect, and grow to a much larger PPS than some think, too. I can compare this stock to others I've been in in the past that commanded a much higher PPS than what you are talking about but had a far lesser overall positive structure than we see here. I'm thinking great things in the future for both the company and it's shareholders. This is IMO NOT a typical pinky in any way and this will show mightily in the days and weeks to come. JMHO GLTA
Of course there is. Emaar wants to be one of the largest companies in the world by 2010, and to do that they need many supporting businesses under their umbrella. PROFITABLE businesses that is. So they are currently positioning and/or creating these companies under that umbrella--- as has been stated previously by many there are pertinent reasons why they chose SLJB as their supplier---this overall plan has been well thought out and I am confident that it will all come to fruition with us being a part of a much bigger entity. Shareholders of SLJB will undoubtedly be smiling wide in the end IMO. Heck--- I'm smiling already! LOL. JMHO, GLTA
Ameritrade states the same thing, called this morning.
No, everyone was wondering if the transfer had been completed, and now everyone knows it has been. We knew the financials wouldn't come out just yet, BUT we now have a definitive timeline too. Some of us already knew the deal, but this just confirms everything.
Confirmation PR's are a good thing. JMHO. GLTA
And there it is! Awesome. Now we know the transfer has been completed and the fins are coming in less than a month.
Thanks SLJB!
Connections are always good, and glad we have someone who knows their stuff (and has connections of their own) involved on that level. Personally I'm excited to see how this flows when Wessal and the big money from sandland gents jump in with both feet after the release of the audited financials and asset confirmation. Things will get REAL interesting then IMHO. GLTA
Agreed. Takes time to unload the tikes, then we roll. Target exit---around $32 right now. Whattaya think, still too low? Have to wait and see. GLTA. JMHO
Someone stated (posted) earlier that Paul at IR told him within 2 weeks on the audited fins fo SLJB, and that was a couple of days ago now as I recall. JMHO GLTA
Good post(s). I agree. At some point soon this will all turn around and go.....and when it does, it will happen very quickly IMHO. Sit back and enjoy the ride. GLTA, JMHO.
No, neither have I. But I do think there are crooks everywhere in this world, so one must be careful with all investments.
I DO know one thing---if anyone tries to mess with my money, I've only got one thing to say----someone toss me another clip! :-p JMHO
No worries here. Long and strong baby! JMHO
Agreed, but I would rather not have to go down the chase road if I don't have to.
Thanks Oreo. Guess I will cert then, and eliminate all doubt.
I've been told cash accounts are automatically covered and cannot be shorted. Whether true or not I do not know-- maybe someone with knowledge in this area can help? Grey area for me too.
OK, Thanks. I'll reserve comment until I know the facts.
OK serious question time, been away most of the day and it looks like a bunch of bashers are in here tonite so I figured I'd just ask instead of read "cheese posts" for an hour-- Did we get confirmation of asset transfer to Nevada today? Share structure PR looks good, small float.
Yep, interested if anyone found out anything about the asset transfer or anything else to do with the audit, etc. Thanks. GLTA, long and strong wins the race. JMHO.