Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
StocHOG, Airys. If you cannot meet or talk with Steve or the lawyers, what about John Sulja? He might be able to discuss with you.
Janeverite. I agree. A "mini" shareholder meeting with the Sulja management and a group of our "trustees" to CUT THE RUMOURS would be useful now. They may not have the AFs ready to publish, but if they can give reasonable reason for the delay to our representants, then we can wait for that.
If Sulja cannot accept the meeting, then Phase 2.
I have not understood why they have not come out, shown proof and CUT THE RUMOURS.
Moderators. Excellent work! Don't let the plain bashers rave freely on the board. They have clearly their opportunity to tell their opinions, but preaching their verdict on the company day in day out is bashing. This board is not a court room. Not guilty before proved guilty.
Don't get a heart attack. Law suits based on disagreements are common stuff in business life. No need to get too excited. Worst thing is to make a scoop of it now in a local tabloid. Windsor Stars seems to have a bone to pick with the Suljas.
StockHOG. If you get in contact with Steve or Leslie please try to explain them that when they publish their PRs they must word them more clearly and shortly, and no personal feelings, conflicts or synergies expressed. The PR yesterday created mainly hilarity and anger, when people tried to interprete the message of it. Think about if this PR had been worded in a professional PR style, the positive things in it would have come out much more positively - the Power of Word. Even when it did not tell us much to write home about, it would have been a clear sign "We are back on the track and will inform you properly".
As to the audited financials, I would prefer they do not publish anything in advance before they release them. I have a feeling they are not done yet.
As long as we have PV writing the PRs we'll have to guess half of the vocabulary. Get used to it. Still, there were some real positive things. It seems that whatever the company writes without whispering the word AF will be ignored. Disappointed millionaire-in-six-months-wannabes: Santa is coming, but you need to be patient.
Jk21. No, I cannot remember who made the clear explanation, but I remember that somebody did it, so the SPAC question has not bothered me. I think if he/she still posted here, he/she should have come out with the clarification.
Spaceheater. So right you are. It's so frustrating to see those Duracell Bunnies have so short memory. Driving each others in a paranoic frenzy and panic selling is disgusting. That's the dark side of these public message boards.
gwikley. Did you go back and check the posts between 21-25 September? The answer to you question is there, if you are intrested to find it.
It's all about a bunch of kids who do not understand the answers to their questions.
Yees. You can make a small fortune by stock trading if you begin with a big one. That is a fact.
There, there. You seem to need some smoothing oil, robo.
Sir.. or mam. Something like that has crossed my mind too.
Do you know John Sulja?
Maybe the boys forgot to tell dad everything.
Fringe. I never paid much attention to those PRs/IR people touting unbelievable possibilities in Middle East. What I was interested in, and believed in, was a little family company in good basic industry, with revenues, no debt, good possibilities to grow their business in North America - big market. If something comes up abroad, good, but I did not expect any overnight sensations (Dubai exchange - give me a break!) I thought Sulja Bros. grows slowly but steadily in the hands of the younger eager generation, with the old man keeping an eye on them. In a year or three it really could show results and the share price could begin to approach rather dollars than cents.
All I am now interested in is what is there left in this core business. If those numbers are reasonable I don't care a bit if the bunch of guys made some quick buck.
TFN. The company is responsible for those PRs with deadlines missed. The bashers are responsible for wild rumours without any other facts than the deadline was missed.
Free Nebula. *Everybody knows that the company is responsible for the current situation, but so are the bashers too by spreading FUD and circulating rumours. That does not make the situation of the attacked company and its investors any clearer.
Pumpers are as easy to recognize as bashers. Don't waist your time on either.
What are you talking about? Lofts and penthouses are a hot trend now, especially in old cities and among youg people. They want something different. Lofts are built in old industrial and factory buildings, which are situated in the middle of the town or in very near neighbourhood. In places, where you could never get a home otherwise. Many people do not want sit in a car for hours to get to their workplace.
Anyone SUGGESTING anything negative without facts on an investor board is called a basher. Posters should know that spreading shady rumours about a company in disadvantage of the company or the company's shareholders, without presenting actual facts, is a criminal deed even in internet message boards.
UKPunter. Do you get your information from magazines like Windsor star? Do you trust information, where in unclear disputes the opinion of the other party is presented like "Calls made to Steve Sulja were not returned". Typical to yellow press. They would not have had a selling scoop, if they really would have wanted for Steve Suljas answer.
That article "Sulja Acquisition not Closed" was mainly a result of Star seeing an opportunity to milk once more on a redhot current stuff, no matter about the inconvenience what the hectic public attention had already caused the Bigaouette family or Sulja family.
Just think about their inconvenience after this article was published.
Whistles. What was the hurry to cover now? What bothers me too, why was the price kept so long above .10 cents. Who was on the buy side? Are the shorts driven in corner now?
Thank you, Seabiscuit. Let's wait now what Steve Sulja has to say to us, and then draw our conclusions.
Dmost. There is a lot of information in net about the building projects in Dubai and Abu Dhabi. Some are official information from the Abu Dhabi emirate, some come from construction firms, some are ads. Travel companies can have some info - they present at least fancy pictures, as we know. I remember looking at a page - "Gulfconstruction" or smthn, which gave quite detailed information about various projects.
There is so much material, and I thought some of you savvy computerists (?) might find there something usefull about this Al Reem Island hotel project. Construction should start in 2007.
A search with "Sulja" name may bring no results, because Sulja is just a remote part of the chain, and can be represented there by totally other name.
Don't come here on Thanksgiving Day mocking people and causing them more grief. Learn to behave and don't "Wah Wah Wah" like a 5-year old. And comb your hair.
Are you sure it is true what you are saying here? Are you sure you are not spreading rumours?
Posted by: bleep1
In reply to: None
Date:11/23/2006 5:32:46 AM
Post #of 189799
You got to hand it to them. Anyone who was smart enough to put this thing together, was sure smart enough to plan for an escape plan if things went wrong.
IMHO that is what is being worked on right now.
The Windsor Star will be blamed for causing the drop in stock prices, despite the fact that all they did was investigate after receiving calls from shareholders, and then reported one it, thusly exposing the whole dark picture of SLJB.
Amazingly then and only after the price dropped did the search for real dd begin, and its was sickening to many what was found or rather not found.
Petar will claim he had did not post the pro forma financials so shouldn't be held acountable for misleading investors, and acted responsibly in removing them from the web site.
The Suljas will blame Petar for misleading them.
There will be lawsuits filed by the shareholders blaming the company, who in turn will point the finger at one another.
Petar and company will use the postings on the Blog and even in boards such as IHUB of those who to this very day defend him and the Suljas and have already forgiven them.
Many are only concerned about recouping their loses in the short term and possibly making a little more as long as they get out on time this time, and let others holding the bag.
Bottom line when money is involved people thing like Gordon Gecko -- "Greed is Good!"; when in reality they should be thinking like W.C. Field -- "You can't cheat an honest man!".
Oreo. Go on lobbying. We need a reliable CFO. It could be a very interesting job for some time at Sulja's...
Good idea Birdman! An excellent CEO or CFO for Sulja could be found among the board members - he/she would at least know the company very well. Think about it - exciting possibilities to really develope the company. Construction and building will never end in this world - Asia, Pacific Rimm, Middle East, Near East, Eastern Europe, Russia - all are screaming for materials. Possibilities are really huge, if you will.
I would not be surprised if Sulja Bros. will be bought out in some phase.
HAPPY THANKSGIVING TO ALL OF YOU!
Xanadu
Knight. Are you sure? Could you please elaborate what you know for sure about?
Looking forward to your answer.
Syracuseo. That 1 mill rev was ONLY for that Windsor branch, but they have other branches, too. Are they bigger, smaller more/less active branches??
Gwikley. Stop insisting that bullsheet. Go back and read the board Sept 21-25. You will find the answer there.
Pennimon. A couple of weeks ago - before this hulabaloo started - Dave in the Sulja office (is he in Windsor office??) told somebody, who posted it here that their average monthly turnover is ca. 1 million. Cannot remember who posted it, but the sum I remember, because I was surprised.
Maybe somebody could search the post out? I cannot search.
Alopex. Check Red Sea Housing www.redseahousing.com They might not know the name Sulja, because there are several names between in a distribution chain.
IHDR. Don't come to other boards with your picks. Everybody knows that your buys are buy from you and your sell recommendations are sell to you. Period.
Tombrady. Are you sure? Are you absolutely sure that you are not spreading rumours?
vpl01. I agree. Best way now is to listen, what Steve Sulja tells us. We must give him some time that the information we will get is reliable. No way it is an easy PR to write.
Waltczyk. Do you think that a conference call with ragious shareholders would be of any use? I have experienced some, which went total chaos. We'd better at least send some questions to the CEO in advance, so he knows what we want to know. That is not always clear to the management.
I have not sold my shares because I figured out the fundamentals of this company. If we only count the income from their inland business, this stock is undervalued. If there is any foreign income in addition, good.
Ergo: Don't sell. Wait. And don't wait for overnight sensations. Patience is needed even in WallStreet world.
You must always take with a pinch of salt all the forward looking PRs, and wait for the next quarterly report to see what is happening. The main thing now is to make Sulja Bros. a solicited company, so it is easier to follow their doings.
I agree that we must start very carefully. Steve Sulja certainly has hard times now. If only we could now get clear confirmations for two or three main questions - that Sulja Bros. is alive and kicking, having its inland business going and making money today. The mysterious connection Wessal - who are they really, are they part of us, are they making money for us or what? In short, the future of the company. We will have time to dig in to the past later. I think Allinone put this thing out well in his message to Frankie 188203. All we need is that Steve Sulja confirms that.
I am afraid if we put a too long list of questions right now in front of Steve Sulja, he will put it in a file to wait. But if we get the most important questions cleared right now, we can wait for the rest.
Nothing compares to a face-to-face talk, and I hope we will get a meeting of a group of shareholders and the Board of Directors, when the dust settles. I have noticed it so many times that the counterparts may have no idea, why the other one is asking about something. The thing is so self-evident to him, as he handles it all the time, that he simply does not understand that the question is not as self-evident to the other part. This kinds of things can be cleared in one meeting, but if you start emailing things to and fro it takes days before all the aspects are cleared to both parties.
STOCKHOG. I have not yet read tonights discussions (just woke up, I am here on the other side of the pond), but one thing I think is also essential is that we shareholders can get a representant in the Board of Directors. I red in the PR that the BOD will be elected by the shareholders. This time we must show the Suljas that indeed we intend to do that.
Believe me I have learned my lessons long time ago. The private companies are growing, very well managed family businesses (sounds familiar?) which pay good dividends. I have never had problems if I have wanted to sell. On the contrary, there is more and more liquidity on that side. I sniff the tide is turning...