Sulja Bros. Building Supplies, Ltd (SLJB)

[ohiobuckkeye]

The_Free_Nebula, its not what SLJB is worth today but what its worth down the road and who knows that better than the people needing Sulja.

SLJB price target:
-----------------------
PE of 20: $4.86
PE of 25: $6.07
PE of 30: $7.29

By smartinvestor.

Let's do the maths

previous 2007 financial guidance
307 M and 56.3M net profits or .112 EPS

Let's assume the cement deal will be fully added to the initial 307 M and we have 657 M revenues for 2007.

657M is 2.17 Times 307M.

In order to calculate the new net profits for 2007,apply a multiple of 2.17 to the initial 56.3M and .112 EPS and
you'll have the new 2007 financial projection:

122M Net Profits or EPS of .243

SLJB price target:
-----------------------
PE of 20: $4.86
PE of 25: $6.07
PE of 30: $7.29

Bottomline,these calculations are clearly showing that SLJB profits are more enough For a Nasdaq listing.

Just for your info,the initial 2007 profits of 93.951M are pretax profits and not net profits.