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I LOVE that pic! I remember the gasps from the shareholders when they first saw that. I felt the same way. I was wanting to see that again. It should go in the I-Box. lol. Thanks for posting peorge.
The incredibly shrinking Sulja?
www.suljabros.com
That's right. The web link is shut down.
I think they (SLJB), wanted to emerge as Premium Building Supplies in Alberta province, but the ASC shut that down. Without that (the ability to fleece shareholders), they are withering away...IMO. God speed to their corporate death. I cannot wait for the finality of this company. I do feel for those holding shares. It WAS a good story. But as I reread those old PRs, I think, OMG, what was I thinking?
No, no. I don't think it is a strong buy whatsoever. But GLTU.
Nov 16, 2006 PR
"Mr. Rennie had many opportunities to visit our Harrow operations and provide many pictures of a busy and successful enterprise but chose to show a photo of me... and I happen to think the Harrow staff is more photogenic..."
From June 27, 2007 PR
"we are expanding our location on County Road 17 to service our clients, and closing down our Harrow location. The decision to close Harrow after 19 years was a hard one, but we are ultimately responsible to our shareholders."
Cement deal was huge. Maybe too huge Peter. SLJB PRd a contract to sell 8.4 million tonnes per year, 25 milion tonnes in 3 years.
11 Dubai cement companies combined sold 10.7 metric tonnes in 2003. Way to go Petey! You alone signed a contract for almost as much as 11 local plants did combined. SLJB is HUGE!!!
http://www.menafn.com/qn_news_story_s.asp?StoryId=70336
DUBAI - The 11 cement companies in the UAE sold about 10.7mt of cement in 2003 for an estimated total sales of Dh1.75 billion. The industry employs about
Khaleej Times - 23/11/2004 [-] Text [+]
DUBAI - The 11 cement companies in the UAE sold about 10.7mt of cement in 2003 for an estimated total sales of Dh1.75 billion. The industry employs about 3000 workers and has an estimated investment of around Dh1.8 billion, according to a study by Global Investment House.
Cement manufacturing was one of the first modern manufacturing activities to commence in the UAE. The first factory was established in Ras Al Khaimah in 1975, but by the beginning of the eighties there was a cement factory in each of the seven Emirates.
Ras Al Khaimah has, over the years, emerged as the foremost centre for cement production in the UAE. It is not only a leading producer in the country, but in the entire AGCC region.
According to AUCB (Arab Union For Cement and Building Materials), there are currently 12 cement factories in the country � 11 for portland cement and one for white cement. Out of these, six are listed companies. The country has till the last year been a net exporter of cement products. Demand spurt in recent months has, however, changed the scenario.
The total capacity for producing portland cement is more than 10mtpy. The white cement capacity is about 0.45mtpy. All the major companies have integrated plants, producing clinker as well. The domestic clinker production was about 72 per cent of the cement production in 2003; the balance clinker had been imported. Thus, there is room for expansion of the clinker capacities in the UAE. Ras Al Khaimah accounts for half of the cement and clinker production of the country, with only 40 per cent of the country's production capacity. Production is taking place at almost full capacity. It is also a a significant exporter. However a spurt in domestic demand has seen lesser and lesser exports in recent months.
The small amounts of imports of cement products, which do take place, are largely meant for re-exports and are confined to special products like white cement, hydraulic cements, aluminous cements, etc.
According to the report by Global Investment House, Cement exports were estimated at over 10 per cent of the total cement sales in 2003. Ras Al Khaimah is the key exporter of cement. It accounts for almost 90 per cent of the cement exports of the country.
Export destinations are mostly in the AGCC region. Within the AGCC, Bahrain and Oman are leading importers. The other countries importing cement from the UAE are Sudan, Somalia, Ethiopia, Pakistan and Yemen, which mostly import white cement and salt resistant cement.
Exports showed a declining trend in the nineties, possibly because of increased production in the destination countries. They have further tapered off in the last year, due to high domestic demand.
The UAE is also an exporter of limestone, which is abundantly available in the country, mostly in Ras Al Khaimah. Consequently, most cement factories in the country are also engaged in the production of the intermediate cement feed, clinker. However, the UAE cement industry produced only two-thirds of the required clinker; the rest of the requirement was met through imports in 2003.
The prices of cement have gradually risen from the lows of 2000, on the back of firm domestic demand, following a spurt in domestic construction activity over the last 2-3 years, especially in the Emirate of Dubai, they were reportedly ruling at Dh280 per tonne.
The construction activity is expected to sustain cement demand in the months to come.
The study projects a cement demand CAGR (compounded annual growth rate) of eight per cent in the UAE during 2003-06.
Prove any of the PR's as lies
I'd like to see SLJB prove the PRs as truth. Forget you and me and all the investors proving and disproving. Let's see Sulja prove the truth.
Thank you. I have my money. Good luck to you.
Why would they allegedly sell shares illegally to pay off debt, if they were so darn successful?
Oh, it's much bigger than late financials. I think this investment is toast, and you have lost your $20K...IMO. Sorry. But we shall see perhaps Sept 7th, but I think you'll find another extension at hand.
By far and wide, NONE.
IMO.
Some will say that the move to Alberta is proof. Nope. It's just a front to continue the sham. IMO. This story has so many holes in it. If anyone was honest with himself or herslef, they'd admit it here, but I guess that would further doom their investment. My guess is that most here know this. They just have their fingers crossed, and want to get some momo going.
truth is frequently stranger than fiction
...And SLJB's PRs are stranger than truth.
IMO
Hello Jannie, when you have a moment, can you either post or private me with contact info to the OSC.. best person to speak to, etc..? TIA!
10. Lumber Mill...NOT
I'll be contacting the OSC this week to share my distaste for this company, and to stress the severity of the violations, from a former stock owners perspective. They MUST NOT and CANNOT receive a fine and continue on with this.
Thanks for waking me up with your rose colored post.
red, you were surprised by the ASC halt, so I don't doubt that you will be wrong again. I just don't think you get it. You have admitted that if PRs don't come true, its o.k., because they are just forward looking statments. Oh well, right? And you have admitted that you think its o.k. to have illegally sold shares because the money was intended to pay off debt and grow the company. No harm done I guess, right? You have not claimed nor denied that you are Peter V, but your mentality and logic sure sounds like Peter, and that is quite scary to me. Because if you are Peter, you just don't get it. And this is why I think the move to another Province is being done for the sole purpose of starting this sham all over again. Hey, SLJB was one of the biggest scams of 2006, right? (IMO) and had a cult-like following, right? So, hmmmmm, how to take advantage of this monumental following? How to continue this charade? Hmmmmmm. I know! Move operations to another jurisidction, where the OSC has no authority! I think this is Petar's mentality. And I think you are o.k. with that. That, sir, is shameful..IMO. Please go earn an honest living Peter.
HOW DARE YOU say it was the product of angry short term investors!!!!!!!!!!!!!!!!!!!!!
Think again.
happydog, that's 3 million shares +/-. Are we going to see buying volume of 3 million from Mrs Addams alone in the next 3 trading days?
Canada's unemployment falls to 6 pct.
August 10, 2007
OTTAWA --Canada's unemployment rate fell to 6.0 percent in July, the lowest rate since 1974, as the oil rich province of Alberta continues to add jobs, according to a Statistics Canada report released Friday.
There was a net gain of 11,300 jobs, less than the 20,000 that analysts had predicted. Unemployment was at 6.1 percent in June.
Economists said the data could push the Bank of Canada to raise its key interest rate at the next rate-setting date next month, despite a credit crunch that is upsetting financial markets.
Only Alberta showed a significant increase in jobs with 14,000 more people working in the western province.
There were 20,000 new manufacturing jobs created in Canada, along with 25,000 new positions in the professional, scientific and technical sectors and 17,000 more in transportation and warehousing.
Those gains, however, were offset by the loss of 57,000 positions in educational services and 13,000 more in finance, insurance and real estate.
Although Ontario's overall employment level was little changed in July, there were 27,000 new manufacturing jobs created in July in Canada's most populous province. That was the first significant increase in this sector in more than a year.
The Statistics Canada report also noted that wages have increased in the country and, on average, now are running ahead of inflation, after slower increases in the first quarter of the year.
In July, Canadians on average were making 3.7 percent more than they were in July 2006, while inflation was running at 2.2 per cent.
"Tightness in labor markets is keeping wage increases on an upward trend," the Royal Bank said in its analysis.
The bank predicted a quarter-point jump in the Bank of Canada rate next month and a further quarter-point increase in October, followed by a third jump early next year.
"Under normal circumstances, this report would give the Bank of Canada a blinding green light to hike rates again next month, especially with wage pressure mounting," said Douglas Porter of the Bank of Montreal.
But turbulent global financial markets have clouded expectations.
"These are not exactly normal times, with the bank's decision likely dependent on financial markets returning to some semblance of calm," he said.
http://www.boston.com/business/articles/2007/08/10/canadas_unemployment_falls_to_6_pct/
Lots and lots of building supplies stores in Calgary already. This is why I question how a newcomer can just plop down and find instant success. Remember, one reason to pack up and move to another Province was to skirt the OSC rulings (according to the ASC), but it didn't work. So either Sulja thought launching into the Alberta Province would be greatly successful, or there was intent to defraud..IMO. Looking at the established businesses, I don't think you just pack up and open up shop overnight. What was the time frame for all this? Steve issues a PR saying he wants to scout new locations and heads West. Two months later...Poof! New Store.
http://www.daplus.us/BusinessResults.aspx?qsAction=BUSINESS&qsBusSIC=521126&qsBusName=Buildi...
Surely someone looked into the competition before venturing into Alberta. Since Sulja reportedly does not carry lumber, and the ME seems to have cement, just what does Sulja offer? Steve?
http://www.homehardware.ca/en/about-home-hardware.php
HOME has over 1000 stores that are 100% Canadian owned with 100,000 different items available There are four kinds of HOME stores to serve you. Each store offers a distinctive array of products and services designed to meet your needs in different ways.
Home Hardware Building Centres offer a complete range of both hardware store and building centre products. Lumber, tools, paint, plumbing and electrical supplies and an extensive selection of building materials are available, along with housewares, sporting goods, automotive items and lawn and garden supplies.
Seems the Middle East is taking care of its own needs for cement. Dated 8/5/2007. Maybe they don't need Peter V.?
http://www.stockhouse.ca/MediaScan/news.asp?newsid=8856623
"Fourth, industry experts say that big new low-cost producers from the Middle East are planning a new offensive in the East Africa market very soon. They cite the case of Saudi Arabia, which alone is in the advanced stages of completing 18 cement factories currently under construction.
According to industry estimates, the cement plants in East Africa will have to reduce their manufacturing costs by at least $20 per tonne to survive competition from low-cost producers from the Middle East."
I hope you see the 10X wtctexas! Thanks for the reply. You are a bunch of good guys, and I hope you all score huge. I'll be watching. I do have my finger itching to buy. Just gonna wait and see.
jrdig7, good post and thanks for the balance. I suffered a huge loss to my account. Was I supposed to hold from .01 to .001? I didn't. Thank goodness I got out in the .003s. Now this needs to be a 10 bagger just to get where most people started at. Who knows what other lawsuits lurk. And honestly, if they close Cementers, I think it's going to be a non-event. I know the longs wont agree with me, but at this point, if it's going to be a billion shares to get there (just a hunch), then what is it going to cost to close Team? All IMO>
I'll add, as someone said, at some point, there is an entry price to this that will pay off. Figuring that out is the key. GLTA.
The stock market isn't open on the weekend, so nothing to sell...
Lol! But they probably sit there blogging on stock forums! Bing Bang.
G'NIght Big Frank! Good timing. I am getting too wrapped up in this. Later.
Prvious PR "We can almost consider this a new source of revenue for our company," the spokesperson joked. "There are a lot of people on the hook for this non-sense, and we know who they are. We also know the platforms from where they attack our people and our organization. We will bring them all to like terms," the spokesperson continued.
Who is the "spokesperson" that keeps issuing PRs? No name, no blame? In every move, in every way, they just keep trying to skirt the system...IMO
What a STUPID PR. Just shows the lack of intelligence of this supposed "INTERNATIONAL" company. "We will bring them all to like terms"
HOW DARE YOU ISSUE SUCH A STUPID PR YOU STUPID POS LYING PETARD!!!!! WHO YOU THREATENING, PETARD??!!"
Bf, read the old PRs. Half of them have Steve's name on them. He released them. Anyway, GLTU. Have a great night.
Sorry BF, but they won't get very far, because it IS the same people. Same as it ever was. Stick your arm in a lion's cage and get it ripped off. You gonna stick your other arm in the same cage, and say "that was in the past" and take your chances?" I guess so. GLTU.
It's your money BF. Do you belive the PR that AFs were held up because of Ramaden, as Petar PR'd? Do you belive the AFs were held up because of language barriers, as per Petar?
EarnestDD, don't feel guilty. With all that is known, my opinion is that any "long" knows that SLJB is a scam and is just hoping and praying that the Momo Train revs up and can carry this through the day. They want others to jump on the train, so they can jump off. My Lord, with all the blatant lies, what else can it be? Who the heck would give Petar their money? And known crook DeVries? I think they proved their lack of honesty to the shareholders.
And Calgary is just a front to continue the charade, IMO. The ASC stepped in and said "no-no", and this is why Steve is lying that they cannot "find employees". C'mon. Is anyone buying this? The lies begin again. So why no activity at the new location? It's because it is going to be scam part 2. Announce the new Premium Building Suppiles name, and continue the scam. They went to a new PROVINCE to continue the scam. Unbelievable. The thing is, the ASC and the OSC will shut them down. Checkmate. IMO.
Here is my improvised PR "Hello SLJB shareholders. We want to inform you of our expansion plans. We are CLOSING our Harrow location, you know the one that we touted as highly profitable, and we are moving far, far way..to a place where there is a Home Depot or two, and to a place where no one has ever heard of our Mom and Pop hardware store. But fear not, ALL of our emplyees are coming with us. Even Leslie, who is our IR department because we cannot afford a real one. And our staff, including Petard, site on chat boards and blogs. Yup. We do this because we have nothing better do to as a multi-national, mutil-million dollar company."
For heaven's sake people get real. Oh wait, that is the REALITY that you do not want new suckers to see. Sorry. All is in my humble little opinion.
He might want to bring back a translation dictionary, too. You know when good ol' Pete said the AFs were being held up due to language barriers. Was that before or after he said they were being delayed because of Ramadan? LOL!!! Oh well, they are just little white lies. No harm, no foul..right Pete and Steve?
You forgot:
7. Andrew DeVries, known scam artist, is/was part of SLJB.
Shhhhhhh. Your stock is in the green right now. Don't jynx it.
Oh, so you simultaneously associated your experience in Bahrain to the entire middle east.
And you associate your view with a Sulja website? Lol. Sorry, but that is funny Grande.
Hit the ask!! Make it GREEN!!
If you want to plunk down $10,000, I am sure you can buy all the shares your heart desires. Care to try?
So what do you make of that "like a form" response? It seems like you are suggesting that Jannie is lying. I do not think that she is or would in the slightest. Is that what you are trying to infer, Sally? Or do I have you all wrong in that sense?
Any new pics of Calgary operations, or lack thereof? Love to hear the forensic analysis of same, too. Y'know, lunch bags strewn about, etc.. hee hee. Seriously, any new pics? It has been a month since the last pics were posted.
There it is. $14 trade. /eom
Check out CBF. Somewhat in the same boat as sub-prime. Insiders buying heavily, and this is a NYSE stock.
Yeah, I dont know about all that. Have a good night.