Sulja Bros. Building Supplies, Ltd (SLJB)

[partysasquatch]

Estimate stock prices:

With 500 million shares outstanding:
--------------
15.6 million net earnigs divided by 500 million shares =

EPS of aprroximately 0.032

A PE multiplier of 30 is not unreasonable with the proforma numbers stated, so

0.032 X 30 = 0.96 is a resonable estimate for the stock after audited financials.

----------------------

around 100 million proforma earnings divided by 500 million shares =

EPS of 0.20 (forward looking)

If they can continue to grow in the Middle East a PE of 30 is not unreasonable

0.20 X 30 = 6.00

-------------------------

Many will argue with the PE but high growth stocks with great margins and earnings typically exceed a 30 PE. When the growth calms down, the PE will fall to the 15 to 20 range on the earnings.

Party