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News for 'SLJB' - (TheSUBWAY.com Posts Stock Pick List: Official Launch of Fund! NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.)
WESTON, FL, Nov 16, 2006 (MARKET WIRE via COMTEX) -- TheSUBWAY.com names the
following stocks to its Stock Pick List: Global 1 Investment Holdings
Corporation (OTCBB: GOIH), Premium Petroleum, Inc. (PINKSHEETS: PPTL), Sulja
Bros. Building Supplies Ltd. (PINKSHEETS: SLJB), HandHeld Entertainment (NASDAQ:
ZVUE).
Global 1 Investment Holdings Corp. (OTCBB: GOIH) is officially launching the
Entertainment Tax Credit Fund for the production of feature films to take
advantage of the Federal Tax Credits under SS 181 and 199 of the Internal
Revenue Code as well as the Georgia Film Tax Credits.
The business plan of Global 1 is to act as a holding company for the strategic
business units: Global 1 Entertainment, Global 1 Financial Services, and Global
1 Real Estate. Global 1 Entertainment business model is to produce, finance and
distribute independent feature films and videos. Global 1 Financial Services
will act as the financial unit for the holding company. Global 1 Financial
Services will organize and operate the ten (10) Reg. E Funds and primarily
operate as the funding source for the other business units. Global 1 Real Estate
will act to find and develop distressed real estate assets for portfolio or
repositioning in the market. Global Franchising Corp. is the first company to be
developed by the unit. A Reg. E Fund with a real estate focus will finance the
development of Global Franchising Corp. and other companies with a real estate
focus.
Other stocks highlighted include Premium Petroleum, Inc. (PINKSHEETS: PPTL):
Stock Pick List, up 9% on 23 million shares, Sulja Bros. Building Supplies Ltd.
(PINKSHEETS: SLJB): Stock Pick List, down 14% on 21 million shares, HandHeld
Entertainment (NASDAQ: ZVUE): Stock Pick List, up 304% on 9 million shares.
"The central bank has left the benchmark short term lending rate at 5.25
percent, unchanged since late June, which marked the end to a two year rate
hiking campaign. Before that, the Federal Reserve had raised rates after each of
the 17 consecutive meetings over most of the last two years. Despite the rise in
interest rates, the Dow has blown past its previous all-time high of 11,722.98
reached in January 2000, and is now hovering well over the 12,000 mark." More is
available at: http://www.thesubway.com.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights
stocks that are in the news, have traded high volume, or experienced a large
change in price in recent sessions. The aforementioned commentary is not meant
to be indicative of a "long term" view of any of the companies listed. For more
go to http://www.thesubway.com.
All material herein was prepared by Capital Research Group, Inc. (TheSUBWAY)
based upon information believed to be reliable. The information contained herein
is not guaranteed by TheSUBWAY to be accurate, and should not be considered to
be all-inclusive. The companies that are discussed in this opinion have not
approved the statements made in this opinion. This opinion contains
forward-looking statements that involve risks and uncertainties. This material
is for informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. TheSUBWAY is not a licensed
broker, broker dealer, market maker, investment banker, investment advisor,
analyst or underwriter. Please consult a broker before purchasing or selling any
securities viewed on http://www.thesubway.com or mentioned herein. TheSUBWAY has
been compensated by third party shareholders or with cash from the company on
behalf of one or more of the companies mentioned in this opinion. TheSUBWAY has
been compensated three million shares for GOIH. TheSubway.com has received
twenty one million five hundred thousand shares in past compensation and
purchased two million shares in the open market. TheSUBWAY intends to sell its
shares. TheSUBWAY has sold approximately zero GOIH shares to date. TheSUBWAY may
sell its shares for less than the target price given in this opinion. In
addition to any compensation mentioned above, additional compensation can be
equal to ten percent of any newly issued or registered securities of the
profiled companies. TheSUBWAY's affiliates, officers, directors and employees
intend to buy and sell additional shares in Genesis Technology Group, Inc. and
may profit in the event those shares rise in value. TheSUBWAY will not advise as
to when it decides to sell and does not and will not offer any opinion as to
when others should sell; each investor must make that decision based on his or
her judgment of the market.
CONTACT:
Capital Research Group
Charles Tamburello
954-217-8555
www.TheSUBWAY.com
SOURCE: TheSUBWAY.com
CONTACT: http://www.TheSUBWAY.com
Copyright 2006 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Financial Services:Investment Opinion
Business/Finance: General:Investment Opinion
Source: Comtex Wall Street News
WESTON, FL, Nov 16, 2006 (MARKET WIRE via COMTEX) -- TheSUBWAY.com names the
following stocks to its Stock Pick List: Global 1 Investment Holdings
Corporation (OTCBB: GOIH), Premium Petroleum, Inc. (PINKSHEETS: PPTL), Sulja
Bros. Building Supplies Ltd. (PINKSHEETS: SLJB), HandHeld Entertainment (NASDAQ:
ZVUE).
Global 1 Investment Holdings Corp. (OTCBB: GOIH) is officially launching the
Entertainment Tax Credit Fund for the production of feature films to take
advantage of the Federal Tax Credits under SS 181 and 199 of the Internal
Revenue Code as well as the Georgia Film Tax Credits.
The business plan of Global 1 is to act as a holding company for the strategic
business units: Global 1 Entertainment, Global 1 Financial Services, and Global
1 Real Estate. Global 1 Entertainment business model is to produce, finance and
distribute independent feature films and videos. Global 1 Financial Services
will act as the financial unit for the holding company. Global 1 Financial
Services will organize and operate the ten (10) Reg. E Funds and primarily
operate as the funding source for the other business units. Global 1 Real Estate
will act to find and develop distressed real estate assets for portfolio or
repositioning in the market. Global Franchising Corp. is the first company to be
developed by the unit. A Reg. E Fund with a real estate focus will finance the
development of Global Franchising Corp. and other companies with a real estate
focus.
Other stocks highlighted include Premium Petroleum, Inc. (PINKSHEETS: PPTL):
Stock Pick List, up 9% on 23 million shares, Sulja Bros. Building Supplies Ltd.
(PINKSHEETS: SLJB): Stock Pick List, down 14% on 21 million shares, HandHeld
Entertainment (NASDAQ: ZVUE): Stock Pick List, up 304% on 9 million shares.
"The central bank has left the benchmark short term lending rate at 5.25
percent, unchanged since late June, which marked the end to a two year rate
hiking campaign. Before that, the Federal Reserve had raised rates after each of
the 17 consecutive meetings over most of the last two years. Despite the rise in
interest rates, the Dow has blown past its previous all-time high of 11,722.98
reached in January 2000, and is now hovering well over the 12,000 mark." More is
available at: http://www.thesubway.com.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights
stocks that are in the news, have traded high volume, or experienced a large
change in price in recent sessions. The aforementioned commentary is not meant
to be indicative of a "long term" view of any of the companies listed. For more
go to http://www.thesubway.com.
All material herein was prepared by Capital Research Group, Inc. (TheSUBWAY)
based upon information believed to be reliable. The information contained herein
is not guaranteed by TheSUBWAY to be accurate, and should not be considered to
be all-inclusive. The companies that are discussed in this opinion have not
approved the statements made in this opinion. This opinion contains
forward-looking statements that involve risks and uncertainties. This material
is for informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. TheSUBWAY is not a licensed
broker, broker dealer, market maker, investment banker, investment advisor,
analyst or underwriter. Please consult a broker before purchasing or selling any
securities viewed on http://www.thesubway.com or mentioned herein. TheSUBWAY has
been compensated by third party shareholders or with cash from the company on
behalf of one or more of the companies mentioned in this opinion. TheSUBWAY has
been compensated three million shares for GOIH. TheSubway.com has received
twenty one million five hundred thousand shares in past compensation and
purchased two million shares in the open market. TheSUBWAY intends to sell its
shares. TheSUBWAY has sold approximately zero GOIH shares to date. TheSUBWAY may
sell its shares for less than the target price given in this opinion. In
addition to any compensation mentioned above, additional compensation can be
equal to ten percent of any newly issued or registered securities of the
profiled companies. TheSUBWAY's affiliates, officers, directors and employees
intend to buy and sell additional shares in Genesis Technology Group, Inc. and
may profit in the event those shares rise in value. TheSUBWAY will not advise as
to when it decides to sell and does not and will not offer any opinion as to
when others should sell; each investor must make that decision based on his or
her judgment of the market.
CONTACT:
Capital Research Group
Charles Tamburello
954-217-8555
www.TheSUBWAY.com
SOURCE: TheSUBWAY.com
CONTACT: http://www.TheSUBWAY.com
Copyright 2006 Market Wire, All rights reserved.
I find it amazing, Funds now buying while Retail is selling. What do they know we don't?
Another Fund buying!
WESTON, FL, Nov 16, 2006 (MARKET WIRE via COMTEX) -- TheSUBWAY.com names the
following stocks to its Stock Pick List: Global 1 Investment Holdings
Corporation (OTCBB: GOIH), Premium Petroleum, Inc. (PINKSHEETS: PPTL), Sulja
Bros. Building Supplies Ltd. (PINKSHEETS: SLJB), HandHeld Entertainment (NASDAQ:
ZVUE).
Global 1 Investment Holdings Corp. (OTCBB: GOIH) is officially launching the
Entertainment Tax Credit Fund for the production of feature films to take
advantage of the Federal Tax Credits under SS 181 and 199 of the Internal
Revenue Code as well as the Georgia Film Tax Credits.
The business plan of Global 1 is to act as a holding company for the strategic
business units: Global 1 Entertainment, Global 1 Financial Services, and Global
1 Real Estate. Global 1 Entertainment business model is to produce, finance and
distribute independent feature films and videos. Global 1 Financial Services
will act as the financial unit for the holding company. Global 1 Financial
Services will organize and operate the ten (10) Reg. E Funds and primarily
operate as the funding source for the other business units. Global 1 Real Estate
will act to find and develop distressed real estate assets for portfolio or
repositioning in the market. Global Franchising Corp. is the first company to be
developed by the unit. A Reg. E Fund with a real estate focus will finance the
development of Global Franchising Corp. and other companies with a real estate
focus.
Other stocks highlighted include Premium Petroleum, Inc. (PINKSHEETS: PPTL):
Stock Pick List, up 9% on 23 million shares, Sulja Bros. Building Supplies Ltd.
(PINKSHEETS: SLJB): Stock Pick List, down 14% on 21 million shares, HandHeld
Entertainment (NASDAQ: ZVUE): Stock Pick List, up 304% on 9 million shares.
"The central bank has left the benchmark short term lending rate at 5.25
percent, unchanged since late June, which marked the end to a two year rate
hiking campaign. Before that, the Federal Reserve had raised rates after each of
the 17 consecutive meetings over most of the last two years. Despite the rise in
interest rates, the Dow has blown past its previous all-time high of 11,722.98
reached in January 2000, and is now hovering well over the 12,000 mark." More is
available at: http://www.thesubway.com.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights
stocks that are in the news, have traded high volume, or experienced a large
change in price in recent sessions. The aforementioned commentary is not meant
to be indicative of a "long term" view of any of the companies listed. For more
go to http://www.thesubway.com.
All material herein was prepared by Capital Research Group, Inc. (TheSUBWAY)
based upon information believed to be reliable. The information contained herein
is not guaranteed by TheSUBWAY to be accurate, and should not be considered to
be all-inclusive. The companies that are discussed in this opinion have not
approved the statements made in this opinion. This opinion contains
forward-looking statements that involve risks and uncertainties. This material
is for informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. TheSUBWAY is not a licensed
broker, broker dealer, market maker, investment banker, investment advisor,
analyst or underwriter. Please consult a broker before purchasing or selling any
securities viewed on http://www.thesubway.com or mentioned herein. TheSUBWAY has
been compensated by third party shareholders or with cash from the company on
behalf of one or more of the companies mentioned in this opinion. TheSUBWAY has
been compensated three million shares for GOIH. TheSubway.com has received
twenty one million five hundred thousand shares in past compensation and
purchased two million shares in the open market. TheSUBWAY intends to sell its
shares. TheSUBWAY has sold approximately zero GOIH shares to date. TheSUBWAY may
sell its shares for less than the target price given in this opinion. In
addition to any compensation mentioned above, additional compensation can be
equal to ten percent of any newly issued or registered securities of the
profiled companies. TheSUBWAY's affiliates, officers, directors and employees
intend to buy and sell additional shares in Genesis Technology Group, Inc. and
may profit in the event those shares rise in value. TheSUBWAY will not advise as
to when it decides to sell and does not and will not offer any opinion as to
when others should sell; each investor must make that decision based on his or
her judgment of the market.
CONTACT:
Capital Research Group
Charles Tamburello
954-217-8555
www.TheSUBWAY.com
SOURCE: TheSUBWAY.com
CONTACT: http://www.TheSUBWAY.com
Copyright 2006 Market Wire, All rights reserved.
Give us a PR at the least
Agree, I'm surprised at some here. Others just bashing. I'll reserve any opinion's till the opening bell. That's when it will matter most.
Audited Numbers And Assets will speak Loud enough for me!!!
Can anyone else get to the blog
Something going on with the blog on sulja's website. Can't get in right now
well, not sold ANY, probably won't tommorrow. Still looking longer term here. No way petar won't post something before open. Remember I said that.
Well, If petar comes through, I'm ready, no selling here.
Asset Transfer's are sometimes used to consolidate two companies together.
I see my shares as Shorts Captured Capital
Common sense, we know the AF's are coming today because if Petar just wanted a price increase, we would have seen PR after PR to pump the stock.
Petar knows what everyone is waiting on. We will see it today so he can start talking about what he does best--Making Deals.
Then you will see the regular PR's.
Been gone, just got your question.
Per company website: "Consultech was established in 197 with one goal in mind, to change the way construction was done to benefit both client and end users. The Consultech team have been helping develop communities throughout North America and the world. Our projects range from small to large scale industrial, commercial, residential, and technological development." Consultech is one of seven "Master Builders" in the USA and Europe. According to historical company press releases and managements comments, The merger process of Consultech's Midwestern offices with Sulja Building Supplies Ltd. are currently underway and expected to be completed in the very near future.
Vista Group International Corporation / Vista Real Estate Ltd.
www.vgic.biz / www.findaproperty.com
Parent company of Consultech Construction, Incorporated in Dubai, is an integrated customer-centric sales, marketing and service organization dedicated to the real estate industry in the Middle East with a particular focus on Dubai, Abu-Dhabi and Sharjah (UAE). Vista provides a complete real estate solution under one roof through a transparent, efficient and convenient process that combines a "bricks and clicks" business model which fully integrates with propmart.net's powerful web-enabled real estate management software. Vista leverages propmart.net's web-presence with a hi-quality 'on-the-ground service' for customers who seek to Locate, Buy, Sell, Lease, Finance, Improve or Maintain their properties in the Middle East. Whether one is an investor, landlord, broker, developer, Vista's informed and well-trained professionals are on standby to serve customized real estate solutions for you.
Agree you effland, Just answering someone's question. However, anything related to DD on past or future dealings is important.
Booger, Here's a message I wrote a while back with a little more detail on the Nashville trip.
Seems many people group all pennies into one category. So to them they should all work the same. That means none would ever have a PPS run. Or, if they did, it would go back to zero in a short time frame. How do they explain the ones that do run and become legitimate Companies.
Do your homework and DD on the company. They are not all the same people at each Penny stock and not all alike as many want you to believe.
One person I spoke to one morning held over a 100 million shares and not once did he hype or try to push this stock. He simply answered my questions and was very professional.
Don't get me wrong, I respect many peoples opinion’s, but don't think they dig into each company individually deep enough. Its not all in the charts always.
Anyone with who doesn’t believe AF’s are coming ask yourself this. We know Sulja exists and we know Loftworks exists. We know Consultect and other entities involved are much larger Companies in comparison. Why would they go to all this trouble for a .10 stock. This is all legit IMO, and these guy’s know the big picture.
When I first got in this stock I traded in & out. The more DD I done the less I sold and the more I bought. Now I only Buy on dips. No more selling for a good while.
I've been to the Nashville location and it's being renovated into lofts by Dennis Ammerman.
I went downtown on 4th ave. to verify for myself that Loftworks did exist at that location.
I got there pretty early in the morning and the construction foreman gave me a tour of the entire building after he made me put the hard hat on!
Dennis Ammerman had not arrived yet. It is certainly being rennovated into lofts.
I think he said there were about 12-15 units (not sure exactly), but do remember he said avgerage cost was around $400,000.00 each. They were all sold but two.
Dennis Ammerman is overseeing that project and will have an office in that location according to the gentleman who gave me the tour.
P.S. I did speak to Dennis on the foreman's phone before leaving and he was very straight forward.
They will try to entice sells here because they know once the financials are proven (audited) by a major firm, then no one in their right mind will let go of any shares until their valuation of those numbers are hit. This also means anyone not in may have to pay more.
Those who believe the Company as I do will hold all the way through these small dips.
Also, I’ll say this again, I’ve been reviewing #’s from last years financials and comparing them to the Original Proforma put out before the cemnt deal. Actually, my goal was to shoot holes in the numbers, but I couldn’t.
As we all know it costs money to grow a business. If everyone will look closely, I think there are a lot of answers in the numbers. (at least for me).
Here’s a few percentage differences, where I compared Last yrs. %’s to next yrs. Expected %’s.
Gross Margin .56% better than last yr at 45%.
Payroll & Benefits 4.35% more.
Advertising & promotion .44% more.
Total Operating Cost 5.35% more over last yr.
Total Expenses 9.69% more over last yr.
Pretax Profit—9.14% less than last yr. but with a very nice number—$93,951,965.18.
I can live with that on this PPS stock.
Now for the better news, what everyone better look at is the middle east sales.
You will notice August and Sept. months roughly increase by 1 million give or take. This sounds legit as they are just getting rolling.
However look what happens beginning in October, 2 mill increase, nov-3 mill increase month over month and it just keeps growing larger every month.
I think this gives us some insight as to Company announcing PR’s as well, probably beginning heavy by the end of this month. IMO these are contracts already signed and not announced yet.
All in all, this shows me they are spending more to grow the business, and in the right places.
The payroll was $1,352,748.00 last yr. compared to $19,683,828.00 next yr.
Sounds like it's reasonable to me when you look at the $307,000,000.00,
All this JMO. Oh ,one I forgot to mention that I found interesting was Travel expenses, these were last yr, $24,268.00 and this coming yr. $1,250,000.00.
What a big difference in travel expenses, Sounds like these guys plan on spending a lot of time somewhere.
Don't remember the exact date, think it was back around March.
booger, I live here in Nashville and personally went downtown and verified the projects going on. Spoke to Ammerman. Very legit Business.
Been accumilating here. All I can say is Profitable and extremely fast growing company with assets.
Oh, and don't forget the most important part, Connections in ME.
Well, Good Luck to All Longs this week.
Of course luck won't have anything to do with those that have done their DD, as many here have.
However, the wait is over for the beginning of a long relationship. The credibility is all many have waited for.
The DIFX exchange
By the end of 2006, we expect 10 to 15 IPOs listed by companies based across the region and beyond.”
Investcom shares begin trading on DIFX
14 October 2005
Investcom first to list on Dubai’s new exchange
Raises more than US$740 million
Investcom, the international telecommunications company, today became the first company to list its shares on the Dubai International Financial Exchange (DIFX).
The company, which has operations in the Middle East, Europe and Africa, raised US$740.94 million in an IPO of 59.99 million Global Depository Shares (GDSs). These are listed and traded on the DIFX and also on the London Stock Exchange.
The company intends at a later stage to issue ordinary shares on the DIFX as its primary listing.
Steffen Schubert, chief executive of the DIFX, said:
“The listing of Investcom so soon after the opening of the DIFX demonstrates the market’s unique appeal. As the only truly international exchange in its region, the DIFX gives issuers access to regional and international capital. The DIFX will bring international investment into regional securities on an unprecedented scale. By tapping into this investment, regional companies can obtain the capital they need to grow. By the end of 2006, we expect 10 to 15 IPOs listed by companies based across the region and beyond.”
Azmi Mikati, chief executive of Investcom, said:
“We are delighted to be the first IPO on the DIFX. This market gives Investcom the right exposure in the region and beyond.”
The DIFX opened for trading on September 26 th, 2005. It will develop trading in a wide range of asset classes including equities, bonds, sukuks, and intends to add derivatives within its first year of operation. The DIFX market opened with the listing of five Deutsche Bank securities. These are index tracking certificates, which cover the US S&P 500, the German DAX 30, the Japanese Nikkei 225, the EuroStoxx 50 and the Stoxx 50.
It is the first exchange in its region that has been created to list securities from many different countries. It also aims to be the first to attract large numbers of international brokers, including some of the world’s biggest investment banks. The DIFX is regulated to international standards by the Dubai Financial Services Authority.
Remember this, 100% of Petar's time: Stated from a third party,
Wessal International's President Ahmed Khalil Al-Muslmani stated: "We are pleased to see Petar running the company. He has orchestrated numerous deals around the globe. Now that we have 100% of his time, we can swiftly close the remaining negotiations and pursue larger opportunities in the Middle East region."
KPMG chief rues lack of convergence in international accounting standards
By Arif Sharif, Staff Reporter
Dubai: Attempts to harmonise two competing international accounting standards is making slow progress and frustrating global businesses, the head of audit and accounting firm KPMG said yesterday.
Michael Rake, chairman of KPMG International, told a regional KPMG conference that the business world is frustrated with the inadequate progress on the convergence of accounting standards.
"We have the US accounting standards on the one hand and the international accounting standards [also called on the International Financial Reporting Standards, IFRS] on the other," Rake said in his opening address to KPMG's partners at the meet.
"They should be converged to a principles-based approach which is more comprehensible, but people feel that is not happening at the right pace. The US GAAP [generally accepted accounting principles] is in a mess and IFRS needs greater clarity in its framework".
Most of the world, including all banks, financial institutions and listed companies in the UAE, currently follow the IFRS, a principle-based accounting system. The US follows the US GAAP, that is now falling out of favour. The accounting bodies governing the two have committed to move together but need to move faster, Rake said.
Posted by: Fishforbreakfast
In reply to: proftstocksny2 who wrote msg# 147046
Date:11/5/2006 8:01:05 AM
Post # of 147282
Hello, profstocksnys.. I also feel shortly after the Yearly AF are out the next quarterly filing comes out on or near Nov 15th.
If Petar puts SLJB on a calandar year for reporting.. Then November 15th is normally the deadline to post the previous quarters number.
This quarter could have 4 months included rather than the normal 3 months.. Then after this we can expect to see additional quarterly filings every 90 days..
Then after these are out we start to hear about all the other unknowns..
What are the transfered assets worth.. What do they do to the book values of SLJB?
Is there going to be a cash Dividend? If so how big? One time or regular on going. If insiders return there dividend to the company.. If cost SLJB little to clean up the shorts.
What is the current share sturcture? Who owns what??
Has Wessal finished buying?? I have to feel that Wessal and friends will be more than willing to support the PPS in order to make the move to the Nasdaq..
Wessal may have already bought some shares. But to make the move to the Nasdaq and support the Min $4-5 PPS us retail holders will need some help..
Various Hedge Funds may try to short the stock again and keep the PPS down.. They have more money than the retail holders.
Are new shorters willing to take on some very serious money.. Money that will be looking to protect there interest in SLJB..
In my opinion most Hedge Funds have big Balls when it comes to shorting againt us little retail holders.. But do they have the Balls to do it knowing a Cash Dividend could be in the works and the Money that is buying 25% of SLJB. Has more money that could be used to support the PPS..
What about new contracts, Cement deals, Steel contracts.
What about the Tire reclcling plants? What about the limber Mills can that deal still be put together?
What about the Hotel being Built on the Palms Island.. Does Sulja Brothers get some business supplying needed materials.
WHat about Petar mentioning the purchase of our own Cement Plant?? Expensive. Yet PROFITABLE..
What about the dual listing? Imagine the demand for shares after a dual exchange listing takes place!!
What about the Design Depots.. What will they do to the Bottom line after they are up and open for business.
What about the Aquisition with CCM Midwest division. Imagine what happens to the botton line with another 200 million in annual revenues coming in.
How big is the current open short interest with SLJB..If the
short interest is as some feel it is from old LFWK & Ex-Clearing days.. And Retail holds the shares they need. The PPS has only one way to go.. And that's up.
How much sildline money is there really watching and waiting to buy available shares..
Remember after the AF are out.. We still are a pink Sheet stock. The Form 10 that could be following shortly after the AF are out will get SLJB Uplisted to the OTCBB Market.
Once listed on the OTCBB Market. You do have some smaller Mutual Funds and Institutional Investors who will start to buy and hold shares of SLJB for future appreciation.. These Types of Investors are not trading and flipping for a few pennies.
After the Min PPS is meet for the move to the Nasdaq $4-5 PPS. This will almost be looked upon as an IPO..The Market will step back and take a very serious look at all that had now become Known..
At that time the market will put a value on the Company based on what they now know.. What that PPS will be is anyones guess at this point in time..
In the past Steven Sulja stated he felt the Company would easily meet the Min required PPS to make the move to the Nasdaq. Easily meets in my mind is in the $6-8 PPS range.
For one moment lets now assume a move to the Nasdaq has now taken place.. It's May 2007.. SLJB has reported 1st quarter numbers for 2007.. Those numbers look good and they show a company Increasing Revenues and Growing Earnings.
Can you imagine how many Mutual Funds and Institutional Investors will be looking to buy into what is bascially a new IPO.. The demand for shares will out pace the current supply!!
If each additional quarter contines to show good numbers each quarter the market will assign a new PPS to the stock.
Please Keep in mind. This is not going to be a one trick pony or a flash in the pan kinda here today gone tomorrow kinda stock.
The Building that it taking place in the Middle East and other parts of the Asian Basin is expected to take years to finish..
I still contend we could very well see a 2/1 forward split to supply the demand for shares.
Now you know why I am not all that concerned with the daily PPS.. My focus has always been on the much Bigger Picture.
We have been given Blue Prints to our own financial future.. It all depends how much time your willing to spend waiting for the finished product to get assembled.
Sometime it takes a little while to build something that is worth while.. Nothing Comes Easy.. Those who are patient and have some vision will be the ones who make the really big gains that are to come if SLJB is the real deal..
Now way SLJB is just another Stinky Pinky.. I know what I own with SLJB. DO YOU!!
Those who see the bigger picture the decession to buy and hold will be a lot easier over the coming months..Again all MOO FFB-Fish
SAM Building Supplies.
http://www.parsguide.com/alpha-S-6.html
I used .032 as EPS, changed growth rate to 368% for the first year (as per PR), and 10% growth per year after that, and a 15% discount rate to get a value of $2.81.
Posted by: jerseyboy
Price based on FY 2006 results: Petar says the audited net income of consolidated Sulja will come out to be $15,879,839. With an outstanding share base of 500,000,000, that yields earnings per share of $.0317. The pro forma revenue growth rate for 2007 over 2006 is 372% (pre SAM acquisition). With this kind of growth rate, I feel a P/E of at least 20 is warranted, which would give this equity a valuation of at least $.64 per share.
Price based on FY 2007 pro forma results (pre SAM acquisition): The pre-tax income as stated on the 2007 pro formas is $93,951,965. Using the 39% tax rate they experienced in 2006, the net income comes out to $.1146 per share, and assigning the same P/E of 20 used in 2006's analysis yields a valuation of $2.29 per share.
Thus, on a conservative basis, the appropriate range of prices for this equity would be anywhere from a low range of $.64 to a high range of $2.29, admittedly not factoring in the growth from the SAM acquisition or other projects which may prove accretive to the 2007 results. In any event, this stock appears to be severely undervalued at this time.
As I understand it:
The Float is around 135 mil shares
The Float is the shares the Co does not control in one way or another!
There are a number of FTDs "Failed to Diliver"s
Some of the FTD are from general daily transations and can be cleared up over a week or two!
Some FTDs are From other, grandfathered SEC brokers, who have not intention of clearing this is called naked shorts!
There MAY be 1 to 3 times the float in FTDs or from 100 to 300 mil FTDs which would give an electronic float of 235 to 434 mil shares being traded.
Unless you hold a CERT, you may be holding an FTD.
No way to tell, and the SEC will not release the INFO on FTDs.
If this stock goes past .40 a share the naked short will have to cover this could send the share price soreing maybe past $10 a share, if 3 X float, $5.00 if 2 X float and $1-3 at 1X float!
You're a little bit Slow are'nt you. You don't have much business trading stocks if you truly think that.
If the AF's are as good as we expect, I'm going out on a limb here and say we see them tommorrow. Maybe A.M.. Many will get caught short and many will get caught flipping!
I believe tommorrow because Petar would love to give people all weekend to review them if they're that good. Smart move and checkmate! $2.00 by Thanksgiving!
The one thing I believe is we will see the financial's this time without any more delay's.
I believe the KMPG Chief explained very clearly why the delay's applied to many business's doing business internationally.
I also believe Petar understands fully what will happen to his credibility if he doesn't deliver on time this time. Remember folk's, Petar has more at stake than just Sulja.
However, Make no mistake about it, He also understand's fully, what will happen when he does deliver AF'S on time or early.
Last time there wasn't any large support on the bid, we the thought it was because they new they didn't have to worry.
Sort of looks that way this morning. Maybe they know something may be out today to support the PPS.
All I need to know is they're doing the business in the middle east!!!
Not really true Jim, Some deals have been all over the Gulf news, and deals with Emaar and Wessal are third parties. As I said once before, you don't camp in someone's backyard with bad intentions. Just my opinion.
A must read IMO for any that haven't read this post from Fish.
Posted by: Fishforbreakfast
In reply to: proftstocksny2 who wrote msg# 147046
Date:11/5/2006 8:01:05 AM
Post # of 147282
Hello, profstocksnys.. I also feel shortly after the Yearly AF are out the next quarterly filing comes out on or near Nov 15th.
If Petar puts SLJB on a calandar year for reporting.. Then November 15th is normally the deadline to post the previous quarters number.
This quarter could have 4 months included rather than the normal 3 months.. Then after this we can expect to see additional quarterly filings every 90 days..
Then after these are out we start to hear about all the other unknowns..
What are the transfered assets worth.. What do they do to the book values of SLJB?
Is there going to be a cash Dividend? If so how big? One time or regular on going. If insiders return there dividend to the company.. If cost SLJB little to clean up the shorts.
What is the current share sturcture? Who owns what??
Has Wessal finished buying?? I have to feel that Wessal and friends will be more than willing to support the PPS in order to make the move to the Nasdaq..
Wessal may have already bought some shares. But to make the move to the Nasdaq and support the Min $4-5 PPS us retail holders will need some help..
Various Hedge Funds may try to short the stock again and keep the PPS down.. They have more money than the retail holders.
Are new shorters willing to take on some very serious money.. Money that will be looking to protect there interest in SLJB..
In my opinion most Hedge Funds have big Balls when it comes to shorting againt us little retail holders.. But do they have the Balls to do it knowing a Cash Dividend could be in the works and the Money that is buying 25% of SLJB. Has more money that could be used to support the PPS..
What about new contracts, Cement deals, Steel contracts.
What about the Tire reclcling plants? What about the limber Mills can that deal still be put together?
What about the Hotel being Built on the Palms Island.. Does Sulja Brothers get some business supplying needed materials.
WHat about Petar mentioning the purchase of our own Cement Plant?? Expensive. Yet PROFITABLE..
What about the dual listing? Imagine the demand for shares after a dual exchange listing takes place!!
What about the Design Depots.. What will they do to the Bottom line after they are up and open for business.
What about the Aquisition with CCM Midwest division. Imagine what happens to the botton line with another 200 million in annual revenues coming in.
How big is the current open short interest with SLJB..If the
short interest is as some feel it is from old LFWK & Ex-Clearing days.. And Retail holds the shares they need. The PPS has only one way to go.. And that's up.
How much sildline money is there really watching and waiting to buy available shares..
Remember after the AF are out.. We still are a pink Sheet stock. The Form 10 that could be following shortly after the AF are out will get SLJB Uplisted to the OTCBB Market.
Once listed on the OTCBB Market. You do have some smaller Mutual Funds and Institutional Investors who will start to buy and hold shares of SLJB for future appreciation.. These Types of Investors are not trading and flipping for a few pennies.
After the Min PPS is meet for the move to the Nasdaq $4-5 PPS. This will almost be looked upon as an IPO..The Market will step back and take a very serious look at all that had now become Known..
At that time the market will put a value on the Company based on what they now know.. What that PPS will be is anyones guess at this point in time..
In the past Steven Sulja stated he felt the Company would easily meet the Min required PPS to make the move to the Nasdaq. Easily meets in my mind is in the $6-8 PPS range.
For one moment lets now assume a move to the Nasdaq has now taken place.. It's May 2007.. SLJB has reported 1st quarter numbers for 2007.. Those numbers look good and they show a company Increasing Revenues and Growing Earnings.
Can you imagine how many Mutual Funds and Institutional Investors will be looking to buy into what is bascially a new IPO.. The demand for shares will out pace the current supply!!
If each additional quarter contines to show good numbers each quarter the market will assign a new PPS to the stock.
Please Keep in mind. This is not going to be a one trick pony or a flash in the pan kinda here today gone tomorrow kinda stock.
The Building that it taking place in the Middle East and other parts of the Asian Basin is expected to take years to finish..
I still contend we could very well see a 2/1 forward split to supply the demand for shares.
Now you know why I am not all that concerned with the daily PPS.. My focus has always been on the much Bigger Picture.
We have been given Blue Prints to our own financial future.. It all depends how much time your willing to spend waiting for the finished product to get assembled.
Sometime it takes a little while to build something that is worth while.. Nothing Comes Easy.. Those who are patient and have some vision will be the ones who make the really big gains that are to come if SLJB is the real deal..
Now way SLJB is just another Stinky Pinky.. I know what I own with SLJB. DO YOU!!
Those who see the bigger picture the decession to buy and hold will be a lot easier over the coming months..Again all MOO FFB-Fish
Reason for delay's in AF's.
Repost from yesterday,
KPMG chief rues lack of convergence in international accounting standards
By Arif Sharif, Staff Reporter
Dubai: Attempts to harmonise two competing international accounting standards is making slow progress and frustrating global businesses, the head of audit and accounting firm KPMG said yesterday.
Michael Rake, chairman of KPMG International, told a regional KPMG conference that the business world is frustrated with the inadequate progress on the convergence of accounting standards.
"We have the US accounting standards on the one hand and the international accounting standards [also called on the International Financial Reporting Standards, IFRS] on the other," Rake said in his opening address to KPMG's partners at the meet.
"They should be converged to a principles-based approach which is more comprehensible, but people feel that is not happening at the right pace. The US GAAP [generally accepted accounting principles] is in a mess and IFRS needs greater clarity in its framework".
Most of the world, including all banks, financial institutions and listed companies in the UAE, currently follow the IFRS, a principle-based accounting system. The US follows the US GAAP, that is now falling out of favour. The accounting bodies governing the two have committed to move together but need to move faster, Rake said.
I'll bet it goes up higher today. I just purchased 30k more and it never showed in T&S.
The fact that Able or no one else has a large position on the bid could mean they aren't concerned with the Share price today.
Maybe they know already it is going to take care of its self today. Like maybe AF's coming today.
Certainly is different than last few day's when approaching the .10 mark.
All should rely on their DD. Not Pumpers and Not Bashers. I will hold until my DD tells me otherwise.
As of now, the Company has followed thru. Af's in the works IMO. Funny how everyone knows exactly how long it should take when they can't even tell you exactly what is being worked on with them.
Patience here will see rewards or loose some money. I'm looking at my risk vs. reward. I like the odds because any stock I go in has the risk/reward thing.
Remember the 911 codes yesterday. MM's just trying to scare up shares this morning. Thats why the bashers are here today. All about timing.
They probably fiqure the AF's are close or they wouldn't be so concerned at the moment. They would just let it run sideways a while.
Think I'll keep my shares a little longer.
oh, come on .115 was cheaper
Yea, I'll take a little of that at .115
Not concerned here, First time Audit takes time. Petar should make sure it's right the first time.
All I need to know is they are profitable, based on current PPS you can't go wrong buying here if the numbers are even in the ball park of whats posted by the Company.
The celebration of Eid
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Sun, 22 Oct 2006, 10:36:00
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THE happy occasion of Eid-ul-Fitr at the end of the holy month of Ramzan is at our doorstep again. Depending on the sighting of the moon, Eid will be celebrated on Tuesday or Wednesday. The whole country is now gripped by the joyful expectations of the occasion. The Eid has come after a month of fasting during day hours. Muslim devotees have utilised the month to practice self-restraint and surrender to the Creator Almighty Allah and seek His blessings and mercy. The month is considered most holy because the holy Quran was sent to the earth during this month through Prophet Muhammad (peace be upon him). Dhaka, a city of about twelve million people, will see its population almost halved by Eid day. Many have left for their village homes and others are taking preparations. It is a tradition in this country that its people, wherever they may be, would go to their points of origin in the rural and semi-rural areas to celebrate the Eid. Therefore, Eid time also means accelerated mobility of people because at this time of the year people in very great number move from one location to another along with their family members. They also carry cash, gifts, foodstuffs and other goods for use on the Eid day and beyond. Besides, the Eid occasion generates the highest business activity because buyers and sellers interact the most on this occasion.
But the joys of movement of homeward people for Eid, and Eid shopping can be ruined by acts of crime. Apprehensions of gangsters robbing home-bound passengers are there. Therefore, better policing and vigilance by units of RAB would be especially welcome under a well conceived and executed plan at different sections of the national highways. The security arrangements at the big markets in Dhaka are reasonably good. But even in these markets security preparations perhaps need to be made stronger because buying and selling are found to be specially heavy in the last few days before Eid. Last minute all-out efforts at law enforcement would be required because the heaviest rush of all categories of people in the markets and their buying spree usually occur during the last two days before Eid day when the muggers and snatchers also become particularly active.
Most home-bound passengers have already left Dhaka in buses, launches and trains. But even at this late hour, everything should be done to reduce the pangs of virtual extortion activities with tickets. And plans need to be made well before the coming of the Eid-ul-Azha to prevent recurrence of ticket black marketing by all means. Consumers have been exploited by way of profiteering during their current Eid shopping. Prices of consumer goods have soared during the last one month. Therefore, the government would be expected to score much better results in keeping prices of essential goods normal and to control black marketing and other irregularities with a very firm hand during the Eid-ul-Azha which will come two and a half months later.