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does he have a lot of proteges? anyone we've heard about? thanks
That's where we agree to diagree sand. Bear raid, that's my story and I'm sticking to it. It'll all come out soon
lol - bikerider- total volume is all trades - buys and sells. for every seller there's a buyer so divide the total by 2
Someone was out to tank the stock. Look at other drops when companies don't post the A/F's when they don't appear on time. You see a 40-60% drop at most and then a bounce. Never 95%. With 145mm shares sold and bought at .01 that equates to a loss for the suckers at $12.3mm. Who throws that kind of cash away. sorry, not buying it. IMO it was a bear raid for the shorts to cover
Correction - half were buys and half were sells so cut the $12.3 in half to $6.2mm. One or 2 large holders didn't care about $6.2 million? Still not buying it
it was more like .095 closing the previous day so selling at any price to get out doesn't make sense either - not when you could mazimize profits by selling some and a little at a time. Who with a very large amount of shares would sell at a $1,000,000 loss - or more or at any price? Does that make sense? Sorry, but not to me - not when they could get out with a lot more $$ I admit, I tried to sell a little that morning but they ignored my sell. What does that say
Not likely guy. there were 2 small low ball trades that started it off. manipulation at it's finest. i could see a typical 40-50% drop due to no A/F's, but a 95% drop is out of the realm of possiblity imo without manipulation
Construction boom fuels demand for timber & specialist tools - **Press release April 2007
The huge construction boom taking place across the UAE is fueling the demand for wood and wood products, giving rise to a market that is seeing unprecedented levels of growth. Statistics from the department of Dubai Ports, Customs and Free Zone Corporation (PCFC) reveal that imports and re-exports of all types of timber into the region are at an all time high; a demand that has increased the need for specialist woodworking machinery and tools.
Melanie Beese, Exhibition Manager for the Messe Frankfurt Hardware and Tools trade fair that opens next month, is in no doubt that the frenetic pace of development taking place across the region is seeing the demand for timber reach record levels. “The numerous infrastructure and building projects seen in the Emirates and across the Middle East has led to a phenomenal demand for wood-based industries and woodworking products,” she says. “We are seeing record amounts of
all types of wood and wood related commodities being used in the construction industry, products that include; hardwood, softwood, plywood, veneers, parquet, laminates and MDF. This need is obviously having a knock-on effect for subsidiary industries and we are seeing an increased requirement for specialist woodworking machinery and tools for this area; equipment such as lathes, sanders, sawblades, laminators and dovetailing jigs to work with the raw materials,” she adds.
The UAE has always imported wood and wood products; commerce that grew around its traditional industry of dhow building. Early trade involved the shipping of teak from India to manufacture the boats’ hulls and keels, but following the construction boom of the last forty years, wood is now
sourced from all over the globe; with the major suppliers coming from a diverse array of destinations that include the African continent, Malaysia, Indonesia, Canada, the US, Chile and China.
Figures from PCFC estimate that in 2005, wood imports from these and other countries grew by 34 per cent to reach AED 5.2billion; with flooring imports alone registering an astonishing 1,345 per-cent rise.
The US is a significant exporter to the region and according to a US Department of Agriculture report, the country exported AED2.4billion of soft-wood lumber to the Middle East in 2005, a 123 per-cent increase since 2001. Last year, American hardwood exports to the UAE topped nearly AED 25.7million, with lumber constituting the bulk of this trade. Analysts believe that these figures represent the region’s transfer into a major wood importer and consumer. It isn’t just the quantities of wood being brought into the UAE that have scaled new heights over the past couple of years.
Re-export figures also grew substantially in 2005, with the total value amounting to AED 1.6billion -an increase of 32.5 per cent over the previous year. The statistics suggest that the country is now also a primary trading hub for the regional wood industry.
http://www.messefrankfurtme.com/hardware/site/index.php
dealer-obviously, you weren't here if you think that's what happened. fyi : it dropped from just under .10 to around a .01 in just a few minutes. that's where the real crime is - the bear raid.
Congrats El Camino!! Nice of you to do. Membermarked!!
Well, .60 at least in my opinion is sulja comes thru as promised. Really should free Hockmir- he did nothing wrong
Yeah, it'll be up to a buck within a year and on the otcbb. I agree, it's sad that people sold but hey, it was their choice - you only have a loss if you sell
whistles, you're wrong again. they couldn't build without wood over there. COULDN'T - not don't - COULDN'T. New company doesn't get any leeway with you ehhh? since we're playing a guessing game now - If I had to guess I'd have to say incompetence due to lack of experience
Your cred is gone and has been. If they don't use lumber why do they import $670mm worth every year? Toothpicks? Of course they use lumber to build with and your trying to insist they don't only shows your desperation. You said Sullivan and Corrent quit - total fabrication. Your cred is gone - those that know you are distancing themselves, as evidenced by the forum owners quotation in the siggy below. You know the place it's where your body of lies evidence about SLJB (LOL play on words there).
Yeah, I want some sulja coffee mugs and t-shirts!
Appears they only have interior cosmetics stuff and insulation. not really a building materials company. no roofing, lumber, siding, windows or anything exterior. specialized for the owner do-it yourselfer for small jobs it looks like, although it says 95% of their business come from contractors etc. looks like the whole store and inventory is self-contained in that small warehouse. specialized niche, good for them but not in sulja's league imo
on the ibs page it says ibs is "a division of Superior Plus LP" a public trading income fund.
If they're part of an income fund they are public - yes? didn't say they would short sljb, but the income fund might jmo
bowl-looks like they're part of Superior Plus LP, an income fund. wonder if they're shorting SLJB too - plenty of payroll for the grape burping demise touts here. makes sense in a twisted sister way lol. not much of a site and winroc site looks made up lol. pretty plain and basic
Alrighty then Zig, I gave it a shot and here's mine:
1) Will the financials come out before the hearing date?
2) Will the hearing be settled on or before the 5th, or will it be continued once again?
1 and 2 If the A/F's come out before the 5th I would think that the OSC's case would be upended and there would be a final 2 week+/- review before lifting the cease trade in Ontario and dismissal. If they don't come out by the 5th and they (Sulja) needs a little more time to complete then the above actions can be done at any time during the new extension with the same results. A/F's are key imo.
3) With pr'd financials for 2005 released by Steve on July 31, 2006 stating over $15M net profits, what does everyone actually think the 2006 net will be? Same, higher, or lower? I heard lower from one long today, what's everyone else think?
3 I'm still having a problem with the $63mm gross and $15.9 mm net. Even if it's just 1/10th of that we're still way lower than we should be pps wise.
4) With Alberta in the mix now as well as Sams, in addition to the Sulja yards and ME revs/assets, and possible USA assets, what do you think the 2007 projections/percentage increase over 2006 will be?
4 Depends on the actual gross which I'm thinking may be in the $10-12 mm range (not bashing-just a gut feeling). If that's the case I can see well over 100% growth for 2007.
5) Cement deals? How many do you think are onboard? Profits?
5 Cement deals? We have rumors stating at least 1 contract. My guess is 1 pretty good sized contract and 1 small contract at this point. All guesswork but 1 large one could be worth $3mm, per past statements.
6) Who do you think the CEO will be in 6 months?
6 New CEO? Me of course . As Sally said, we probably could have our pick of qualified CEO's once these charges are cleared. Steve's almost already out the door in his mind I think.
7) On what exchange, and at what price do you think we'll be trading in 6 months?
7 In 6 months OTCBB and around .60-.80 WAG after a name and Cusip change to reflect the new and improved worldly rep SLJB will have.
8) Do you think we should continue IR as-is, or go to an outside-of-the-company, professional firm?
8 Yes, a professional IR firm BUT one that won't demand shares to pump and dump as a prerequisite for representation like some fruity companies out there do.
9) Where to meet for shareholder party? (personal preference exact location)
9 Shareholders party - Meet at Ricks for the cruise to the Carribean-just a hop skip and a jump away mon. 3-4 day partaay is wat I were thinkin mon. Many will have to travel far so it's got to be someplace that can accomodate a large group for more than just overnight - someplace to keep us entertained.
10) Will you still be a long term SLJB shareholder 6 months from now?
10 It's packed into all my retirement funds so - yeah. Sulja does it's job and I'll support them as I have done, through thick and thin.
NEXT!!
Ohh - HAPPY FATHERS DAY! to the fathers out there. Enjoy
The source would have to be considered. Who do I trust, someone that makes stuff up constantly (lawyers quit-they don't build with wood in the ME - whistles), ($3.5mm total in lumber sales and a myriad of other half truths - guy) or a Hockmir or an Airys that are always straight shooters - Take a guess.
mm-maybe they felt it was their civic duty to help the lower unemployment rate in windsor and give a few good people a chance at a career. Wow - how dare they accept gratuitous compensation for helping the needy through training.
Ouch-you know this is going to be hailed as a victory in the hedge fund camps:
Separately, the SEC removed an almost 70-year-old ban on short-selling stocks whose prices are falling. SEC commissioners voted unanimously to scrap a requirement that short sellers unload stock at a price above or equal to the last traded price. The rule was adopted in 1938 to prevent stock manipulation.
http://deseretnews.com/dn/view/0,1249,665193346,00.html...could
Unproven - allegations is all. No proof, no charges just allegations. the only blatant criminal fraud is posting otherwise.
Jeddah-through city-center Al autumn. B : 126652 21352 Jeddah, Saudi Arabia, tel : 96626837577 + / +96626919370 Fax : 96626919373
Wisal Group is a global several local institutions various activities to assist each other activity to reach the desired goal in each project. It also has branches of foreign companies, including (UAE-Germany-Yemen) of the most important activities that the group is working on technology transfer (business services and trade of non) industrial countries in the region and develop the appropriate mechanism for investment. Activities of the group approved internally and externally telecommunications, programming and databases advertising general contracting business services oil services investment services
aNOTHER PART: The beginning of a global attack 10 years ago and was put in mind of the global reach of a clear strategy has adopted several ideas and projects eligible for access to good standing among institutions and leading corporations. Recent experience is the reality of the group is becoming closer relations with the industrially developed with the full knowledge of the existence of a big investment in the Middle East region. It can be said that the Group Wisal first institution especially in the Middle East working on the transfer of technology from developed countries to industrialized countries of the Middle East to make sure peace and development funds Rees scientific manner excellent. Wisal possesses a good set of experts, consultants and engineers qualified rehabilitation scientific and practical to ensure profitable projects to investors.
The company Wisal Gulf Gate Group Wisal world of the seas warm, intended to be Wisal Gulf city of Dubai is responsible for the import and export of the group and is also facilitate co-investors to work with the group and the present time are considered front of the group with partners from America and Europe and because of the ease of access of investors to the Emirates . GOOGLE TRANSLATION OF 1 PART
1st mistake was mis-quoting what you were reading (in your head) and 2nd mistake was passing it off as fact when you had no verifiable proof. But what can ya expect with guy doing your DD lol
You fail to understand that they import billions of dollars worth of wood every year. They need that many toothpicks? Anything used in building construction is a building material. I never said they were a major component, I just disagreed that, as you stated, they don't use wood for building in the ME. Nice twist tho
Posted by: whistles
In reply to: finao03 who wrote msg# 271172 Date:6/15/2007 11:40:26 AM
Post #of 271271
They do not build with wood in the middle east.
Hey, we got a lumber supply company in the lumber capital of the world! Tell me I'm not going to make a shiny new penny or more lol
Got your AED to dollars decoder handy? What are those figures and thanks. got it - $2.43 billion AED is $661,675,840.71 American. Still not the 3.5 mm claimed and a lot more than the 0 needed for building you claimed.
How about ex-clearing jim? think any are floating around?
No where in that link does it say that the US exported $3.5mm total in lumber to all of the ME. That's where I got that info about Chinas love of Canadian white woods. Chinas import of Canadian whitewood incresed from $9mm in 2001 to $52mm in 2005. The US imports from Canada totaled $6.6 billion in 2005 a lot of which was exported to the ME.
You really should read the pages before you mis-quote them.
And read mine that refutes your claims - with a link for proof.
But wait, that can't be!? The UAE doesn't build with wood does it whistles. So they must all be ficticious numbers since whistles never lies - he's got the DD to prove it.
Your numbers are way off anyway. Where the heck did you come up with $3.5mm total for the entire ME? You sure talk out of that other hole a lot don't you.
The US is a significant exporter to the region and according to a US Department of Agriculture report, the country exported AED2.4 billion of soft-wood lumber to the Middle East in 2005, a 123 per-cent increase since 2001. Last year, American hardwood exports to the UAE topped nearly AED 25.7million, with lumber constituting the bulk of this trade. Analysts believe that these figures represent the region's transfer into a major wood importer and consumer. It isn't just the quantities of wood being brought into the UAE that have scaled new heights over the past couple of years. Hardwood and softwood totals=$2.43 billion
http://www.ameinfo.com/116144.html
Guy, the US imports lumber from Canada to export - do you have those figures? Is that ALL Canadian lumber being exported by the US or not? Maybe you can clarify
Here guy: Softwood imports from Canada to China increased from $9mm in 2001 to $52mm in 2005 http://www.fas.usda.gov/ffpd/Newsroom/Softwood_Lumber_Importers.pdf
UAE wood imports cross AED 5.2 billion
The huge construction boom taking place across the UAE is fueling the demand for wood and wood products, giving rise to a market that is seeing unprecedented levels of growth.
http://www.ameinfo.com/116144.html
I CAN'T FIND THE ORIGINAL ARTICLE WHERE DUBAI WAS CRYING FOR CANADIAN WHITE WOODS BUT THE LONGS HERE REMEMBER IT. ARTICLE ABOVE STATES THEY DO USE WOOD FOR BUILDING IN THE UAE. THE THINGS I FOUND ARE INTERESTING, INCLUDING THE BOOMING CHINA IMPORTS OF WHITE WOODS FROM CANADA. I'LL SEE IF I CAN LOCATE THAT ORIGINAL STORY LATER
did i ever say they wanted canadian hardwoods? lol. not much up there in the way of hardwoods. you got a link or is this the same imo that got AB to disown you as described below.
got a link guy? i'd sure like to see some evidence of support for your many claims instead of "imo".