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.
OT: congrats bonedaddy!
when was that 300M issued?
"...this is why the 300 million restricted shares were issued to CCMI!"
it's not a hotel -- it's a building site!
blahblahblahcrystalballsblahblahblahPRtodayblahblahblah
predict a PR every day.
eventually it'll be right...
the grass is .000000001" longer
& the paint isn't dry yet.
zzzzzzzzzzzzzzzzzzzzzz.
way over 25% today -- where's bonedaddy?!?
LSE?
as in London Stock Exchange?
ummm, okay.
so, are you saying that KORE is still very much involved here?
whatever/eom
Sulja Bros. Building Supplies Releases Revenue Details of Construction Projects in Middle East
WINDSOR, ON -- (MARKET WIRE) -- August 02, 2006 -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) is meeting with Consultech Construction Management and Emaar Properties, in Germany, to finalize a major construction and supply agreement.
A Wessal International Group spokesperson commented: "The deal with Emaar Properties will generate $124 million in revenue over the next 12 months for Sulja Brothers."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
http://www.marketwire.com/mw/release_html_b1?release_id=150158
noobass "already out of posts."
according to iHub, you have only used two today:
http://www.investorshub.com/boards/profile.asp?User=76128
why would you lie about something so easy to establish as false?
re UAE cement demand By: uptick88
<snip>
http://www.khaleejtimes.com/DisplayArticleNew.asp?section=business&xfile=data/business/2005/july...
Khaleej Times Online >> News >> BUSINESS
UAE is facing shortage in cement production
BY A STAFF REPORTER
14 July 2005
DUBAI — The UAE currently faces a shortage in the cement production industry by about 5 million tonnes per year, forcing it to import cement to facilitate the needs of the construction industry, according to a recent report by the Middle East Economic Digest (MEED).
Rising oil prices have coaxed the regional boom to new bounds with multi-billion dollar real estate projects and investments arising in Dubai and Abu Dhabi while the other emirates lay down plans to follow suit in the real estate sector. The local cement industry has never been stronger, currently there are six cement producers listed on the UAE financial markets and in the near future they will be joined by the Emirates Cement Company, based in Al-Ain. With construction currently roaring, cement producers are unable to keep up with demand as stockpiles decrease faster than the rate of production.
Back in November 2004, to remedy the situation before cement prices raged out of control, a decision by Dubai Crown Prince and UAE Defence Minister Gen. Shaikh Mohammed bin Rashid Al Maktoum was announced allowing cement suppliers to use facilities and docking berths at Jebel Ali without paying duty.
"We are encouraging cement importation to the UAE, because the market price at present is high and, as with all fair trade markets, we do not want to enforce price restrictions," said Sultan bin Sulayem, Executive Chairman of Dubai Ports Authority (DPA) and Chairman of Nakheel at the Press conference concerning Gen. Shaikh Mohammed's decision.
"In the current climate it is economical for us to import cement so as to not delay development of projects or increase costs," he added.
"The UAE is one of the only countries in the region that needs to import from surrounding countries, but within five years even they will begin to face a surplus," Ahmed Al Rousan, Secretary General of the Arab Union of Cement and Building Materials, told MEED.
Annual demand for cement in the UAE is increasing at an astonishing rate of 15 per cent, according to HSBC. Currently the cement production capacity of the UAE for portland cement is about 11 million tonnes a year while demand is estimated at about 16 million tonnes per year, according to the Union Cement Company.
However, cement producers are not standing idly by, they have begun upgrading and expanding production facilities and constructing new ones to compensate for the shortage of supply. By 2007, local is estimated to be about 18 million tonnes per year. This will allow local production to cover necessary demand until an expected second construction cycle takes place in 2008.
"Capacity expansion in the UAE is less steep than in Saudi Arabia and project growth is higher, so the UAE is in a situation where it can compensate," said Raghu Sarma, a financial analyst with Global Investment House, Kuwait.
According to analysts, at the current rate of expansion and production, the region, including Iran, will have a production capacity surplus of about 104 million tonnes per year. Exporting is not a viable option for local cement producers due to high operating and logistics costs, especially with Iran having an expected surplus of more than 20 million tonnes per year by 2008 and occupying a strategic location for export purposes.
However, Al Rousan believes that, "The UAE is an exceptional case. If you see what's happened in terms of projects for the next 10 years and what has yet to be unveiled, I would say it will need the extra capacity. The UAE is still importing, which makes it stand out from the rest of the region."
Sarma shares similar sentiments in that the construction sector in the UAE is unlike others. "The UAE construction market differs from its neighbors, because the real estate and leisure projects are largely aimed at foreigners and attract a great deal of private sector participation. It is showing a low project risk and low credit risk and, as the oil dependency is lower and diversification greater, it has the potential to avoid a glut."
He also believes that the export potential in times of surplus will be increased due to the UAE's fast paced development of logistical infrastructure as well as its strategic location.
Owner of the Jebel Ali Cement Works, Sharaffadin Sharaf, agrees with Sarma's sentiments. "I see growth in the next 10 years with projects in the pipeline, not just in the UAE, but in Saudi Arabia and Iraq. We'll have great demand. I would say demand for our mill will be there. I'm not worried." Jebel Ali Cement Works is seeing a $193 million (Dh 708.31 million) relocation and expansion project.
The vision of a promising cement market is not shared by everyone. Deepak Menon, sales manager at Ras Al-Khaimah White Cement Company, says despite acknowledging, that their may be another construction cycle in 2008, he urges caution and restraint and questions the need for the overflow of new cement projects and expansions. With surplus production in sight, he said, "I am extremely worried. I would like to know where we plan to export all of this. I can't see it."
looks as if Emaar may have acquired John Laing Homes at or near an historic low.
maybe the same will later be said about Wessel and Sulja?
"shorts could still be holding huge positions from months prior to July..."
if a net short position in a given issue was still open, wouldn't it be included on the monthly NASD OTC report, even if it was initiated months earlier?
however, it seems that if a short was closed out ("covered") prior to the report cut-off date (last month was July 11th trade date / July 14th settlement date), then it would not be reported (IMO).
"maybe shakespear[e] should write the PRs..."
or maybe a copywriter?
re Reg SHO list v. NASD OTC short list
http://www.nasdaqtrader.com/aspx/regsho.aspx
it is published subsequent to every trading day & includes all so-called "threshold securities."
all issues designated with a lower case "u" in the "Market Category" of the SHO list are pinksheet issues (aka "other OTC").
you may have been thinking of the NASD aggregate OTC short list which will be published monthly.
here's the first list (from last month) --->
http://otcbb.com/dynamic/shortinterest/shrt200607.txt
here's the link to refresh ---->
http://search.marketwire.com/search/searchsimple.do?startind=0&keywords=sulja&sortby=date
here's last month's report
both BB & pink -- will be reportedly monthly (during last week of month).
LOFTWERKS INC|LFWK|NBB|55|0|55|100|4519937|1
http://otcbb.com/dynamic/shortinterest/shrt200607.txt
btw, Reg SHO does include pinks if they satisfy the "threshold security" definitions...
http://www.nasdaqtrader.com/aspx/regsho.aspx
did you do a FOIA request to get that FTD data?
why no Reg SHO listing?
OT & fyi also a TOS violation
volume is 50% of last friday (so far)
as an unsolicited pink, shouldn't matching buy/sell trades be the norm?
is a 1M share block due soon?
fyi re Intec Industries, A.G.
http://tinyurl.com/ncqfn
http://tinyurl.com/mk8vz
http://tinyurl.com/ltzkb
http://tinyurl.com/m3sb3
http://tinyurl.com/mpyul
http://www.tirestyres.com/trade/aa548199.html
http://made-in.com/de/site/germany/details.xml?id=c3c274232bcf45f22414339419ae581d54ba60f4
http://www.intec-moscow.com/
[dead website]
domain: intec-moscow.com
status: LOCK
owner-c: LULU-646567
admin-c: LULU-777330
tech-c: LULU-760233
zone-c: LULU-760233
nserver: ns9.schlundtech.de
nserver: ns10.schlundtech.de
created: 2004-05-01 14:00:00
expire: 2006-06-05 00:00:00 (registry time)
changed: 2006-05-01 04:33:32
[owner-c] handle: 646567
[owner-c] type: PERSON
[owner-c] title:
[owner-c] fname: Kirill
[owner-c] lname: Kanel
[owner-c] org: Intec Industries AG Moscow Branch
[owner-c] address: Glinischewskij per. 3
[owner-c] city: Moscow
[owner-c] pcode: 103808
[owner-c] country: RU
[owner-c] state: RU
[owner-c] phone: +49-000-000
[owner-c] fax: +49-000-000
[owner-c] email: ************@mail.ru
[owner-c] protection: B
[owner-c] remarks: 32772266
[owner-c] updated: 2005-07-21 11:19:04
[admin-c] handle: 777330
[admin-c] type: PERSON
[admin-c] title:
[admin-c] fname: Andreas
[admin-c] lname: Schwarzkopf
[admin-c] org:
[admin-c] address: Sophie-Charlotten-Str. 68
[admin-c] city: Berlin
[admin-c] pcode: 14059
[admin-c] country: DE
[admin-c] state: DE
[admin-c] phone: +49-172-3133120
[admin-c] fax: +49-1212-525489-2
[admin-c] email: ****@andreas-schwarzkopf.de
[admin-c] protection: B
[admin-c] remarks: 32772265
[admin-c] updated: 2005-07-21 11:19:05
[tech-c] handle: 760233
[tech-c] type: PERSON
[tech-c] title:
[tech-c] fname: Stefanie
[tech-c] lname: Gracklauer
[tech-c] org: artplan21 GmbH
[tech-c] address: Dirschauer Str. 14
[tech-c] city: Berlin
[tech-c] pcode: 10245
[tech-c] country: DE
[tech-c] state: DE
[tech-c] phone: +49-30-44735-226
[tech-c] fax: +49-30-44735-227
[tech-c] email: ******@artplan21.de
[tech-c] protection: B
[tech-c] remarks: 32477748
[tech-c] updated: 2005-07-19 20:02:39
[zone-c] handle: 760233
[zone-c] type: PERSON
[zone-c] title:
[zone-c] fname: Stefanie
[zone-c] lname: Gracklauer
[zone-c] org: artplan21 GmbH
[zone-c] address: Dirschauer Str. 14
[zone-c] city: Berlin
[zone-c] pcode: 10245
[zone-c] country: DE
[zone-c] state: DE
[zone-c] phone: +49-30-44735-226
[zone-c] fax: +49-30-44735-227
[zone-c] email: ******@artplan21.de
[zone-c] protection: B
[zone-c] remarks: 32477748
[zone-c] updated: 2005-07-19 20:02:39
http://www.intec-moscow.com/" target="_blank">http://web.archive.org/web/*/http://www.intec-moscow.com/
Domain Name: stock-investorguide.com
Registrar: Spot Domain LLC
Expiration Date: 2007-08-13 09:01:38
Creation Date: 2006-08-13 07:08:43
Name Servers:
ns1.domainsite.com
ns2.domainsite.com
ns3.domainsite.com
ns4.domainsite.com
REGISTRANT CONTACT INFO
Secure Whois Information Service
125 Rampart Way
Suite 300
Denver
CO
80230
US
Phone: +1.3034596012
Email Address: stock-investorguide.com@name.net
ADMINISTRATIVE CONTACT INFO
Secure Whois Information Service
125 Rampart Way
Suite 300
Denver
CO
80230
US
Phone: +1.3034596012
Email Address: stock-investorguide.com@name.net
TECHNICAL CONTACT INFO
Secure Whois Information Service
125 Rampart Way
Suite 300
Denver
CO
80230
US
Phone: +1.3034596012
Email Address: stock-investorguide.com@name.net
BILLING CONTACT INFO
Secure Whois Information Service
125 Rampart Way
Suite 300
Denver
CO
80230
US
Phone: +1.3034596012
Email Address: stock-investorguide.com@name.net
http://www.dnsstuff.com/tools/whois.ch?ip=stock-investorguide.com&email=on
Vitesse Semi = $200M ttm revs ($0.91 per share); $100M gross profit; $124M net loss; $30M in cash.
trading around $0.90 w/P:S & P:B both <1 & a beta of almost 5!
http://finance.yahoo.com/q/ks?s=VTSS.PK
1. federal judges are appointed for life.
2. the parties, by agreement, voluntarily consented to an injunction prior to the judge siging it (she gave it the force of law after the 2 sides reached a temporary agreement).
fyi imo & have a good weekend.
Dubai Property Law
Basic rules: Whereas the fundamental principles of buying a home are the same everywhere, property law, and its local interpretation, varies widely between different countries. If you have already explored the possibilities of buying in a foreign country, you will be very aware of how different the local laws can be, compared with your own country.
Dubai status: Property law, like any law, is also a dynamic area; minor (and sometimes major) changes are constantly taking place, even in the most mature of property markets. In the case of Dubai and the UAE, property law is very young and still taking its long-term shape, although the key elements are straightforward to understand.
Suggested approach: Our strong recommendation to you is to seek expert advice, wherever in the world you decide to invest in property. Appoint a reputable legal firm to assist you with the contractual elements of the purchase and consider asking for help from an accredited financial advisor, who can ensure that all of your investments work together, in your best interests. You may also wish to use a property search consultant to locate the ideal home for you and help negotiate its price on your behalf.
http://www.emaar.com/property_buyers_guide/dubaipropertylaw/
many reports indicate Dubai's nascent property laws are just taking shape.
see also:
http://www.ameinfo.com/73116.html
http://www.ameinfo.com/35420.html
http://realestate.theemiratesnetwork.com/articles/freehold_property.php
http://www.propertyworldme.com/content/html/1450.asp
http://www.dubaicityguide.com/specials/index.asp?id=1286
http://archive.gulfnews.com/articles/06/08/10/10058891.html
http://emirateseconomist.blogspot.com/2005/09/dubai-real-estate-property-law.html
http://www.eqarat.com/j2ee/examples/jsp/english/Eqarat/freeholdlaw.jsp
let's hope not!
structurally, i see some similarlities for construction/supply concerns w/REITs &/or solid waste disposal companies.
by way of example, here's Republic Services' most recent disclosure of subs:
http://www.sec.gov/Archives/edgar/data/1060391/000095014406001501/g99735exv21w1.htm
VT
Loftwerks filed a Reg D exhibit on May 3, 2005.
http://www.sec.gov/cgi-bin/browse-edgar?company=loftwerks&CIK=&filenum=&State=&SIC=&....
looking for more info on that until the SEC sends me a copy of the filing.
different provisions of Reg D allow different amounts of securities to be privately placed (largely under the radar).
i think this is the breakdown:
Reg D 504 - Raise up to $1 million in a twelve month period.
Reg D 505 - Raise up to $5 million in a twelve month period.
Reg D 506 - Raise up to $12 million in a twelve month period. (Can raise over $12 million with additional registration)
significance = thorough DD imo.
if there are a series of other confusingly similar sounding named entities, there must be reason(s) for that & we all presumably want to know what we own.
we all would benefit directy from knowing all we can about ALL business entities, which own, are owned by, or are in any other way affiliated with Sulja Bros. Building Supplies, Ltd. (ticker: SLJB) --- the six or seven different names i posted @ beginning of our thread were all culled from company statements.
that makes me want to find out as much as possible about these different names, OR, alternatively, to find out that the company simply (& if so, imo carelessly) throws around iterations of the Sulja Bros. Building Supplies, Ltd. entity name.
if it's the latter, that's one data point to place on the curve. if the former, there would presumably be a lot more digging to do about the connected entities.
it's possible (& not necessarily atypical) to place all sorts of biz divisions, assets, liabilities, etc., into different entities & having a series of names that are confusingly similar is a commonly used tactic --- layers of companies is also something "allinone" has alluded to in prior posts.
if this was a reporting company, they'd be required to do all the heavy lifting for us with proper disclosure of all entities in a Form 10 periodic report --- the company claims that will happen soon, but for now it's not filed.
knowing what you own extends beyond PRs and message board posts as i'm sure you & most others here would agree...
have a good weekend,
SPIN
Sulja Bros. Building Supplies, Ltd. or Inc.?!?
SULJA BROS. BUILDING SUPPLIES, LTD.
Sulja Brothers Building Materials, Ltd.
Sulja Brothers Building Materials, Inc.
Sulja Brothers Specialty Building Materials, Ltd.
SULJA BROTHERS BUILDING PRODUCTS, LTD.
Sulja Bros., Ltd.
are all these names actually different entities? is it part of a pattern of sloppiness in PRs, etc.? or is it something else?
as i understand it, the publicly held entity is a Nevada corp. known as: "Sulja Bros. Building Supplies, Ltd." which trades under the ticker symbol "SLJB."
reportedly, all major Dubai developers have government investments.
see, para 2., p. 112:
http://www.hautelivingfl-digital.com/hautelivingfl/200607/
yeah, for spamming another stock...
from the looks of yer pics, that makes sense...
moving that load from Bakersfield to Nevada could be quite the undertaking!
fyi - OTCBB issues are "quoted" not "listed."
The OTCBB is a quotation medium for subscribing members, not an issuer listing service, and should not be confused with The Nasdaq Stock Market Inc.
http://www.otcbb.com/AboutOTCBB/about.stm