Sulja Bros. Building Supplies, Ltd (SLJB)

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allinone, I think you hit the nail on the head with this post

Posted by: allinone
In reply to: sandbath who wrote msg# 39110 Date:8/11/2006 1:18:45 AM
Post #of 42928

sand, when you are a company like Emaar and you are building the sizes of cities they are building, wood and cement are the 2 main components you need a consistant supply of and lots of it. Liberia wood cannot keep up with the supply demands and currently have problems. These cities are already in process, they cannot wait around until details get fixed.

What to do, GO BUY A CANADIAN AUTHORIZED LUMBER EXPORT BROKER! That is all that has happened here. Sulja, fell into a septic tank and came out smelling like roses!!! There own yards in Windsor, Harrow and Lincoln Park MI can't even handle the lumber that is being shipped to UAE. This is why they broker it directly from the mill in British Columbia directly to UAE. They just buy, order the product shipped to UAE and collect the price from Emaar. The dont even handle the lumber, they handle the paper and the riches that come from it.

It is just like Steel Coil Brokers for the automotive industry. Everyone was saying why would one of the largest builders in the world need a company like Sulja?. They dont need the company, THEY NEED THEIR EXPORT LICENSE!! Did Emaar not buy one of the largest home builders in the U.S.? They need their lumber from Canada and there again they need a licensed export broker, Sulja! They now own the largest building company in the U.S. AND controlling interest in the Canadian License Lumber Export Broker. This has become a controlled business working relationship all under the umbrella of Emaar!!!

Emaar also announced building 2 more cities so where do you think they are going to get their lumber from? Yep. Canada! The Canadian Mills are going to see Sulja's financials and they will get all the credit they need with the mills and Emaar will therefore get all lumber they need.

Why in the hell would someone come along and hand out $25 million in financing and offer to buy up 25% of the company you are lending money too. So you can control the company! Emaar through its affiliations bought Sulja's Canadian Export lumber License.

Again, I just can't believe no one figured this out and I am no genious so I will say do your own DD and believe nothing I said!

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Its hard to keep a good stock down, lol