Sulja Bros. Building Supplies, Ltd (SLJB)

[12ring]

Great post Fish and I agree. The potential here is enormous if everything is as "clean" as stated. We will soon find out hopefully, and I am very excited also.

If we take the pro forma $307M and $350M cement deal, that's $657M revs and 122M net, for a EPS of .243. At PE levels of 25-30 we have a PPS range of $6.07-$7.29 just based on those numbers alone. IF they have added any steel contracts or other things into the mix, we could very well be over 1B in revs and close to $200M net, and EPS somewhere in the .380 range, or PPS valuation of $9.50-11.40. Yes, very large long-term potential here, again IF things are as stated. That is why there is so much nail-biting and finger-pointing too IMO, simply because of the extent of the unknowns that remain and no verification of any as yet. This is the only red spot in an otherwise totally green landscape IMHO.

I feel the larger ME money will dive in as soon as the AF'
s are released, along with some institiutional buying as well... they too have been watching closely and know that if this company is all it says it is, it will not remain at these lower levels long. Yes, I agree a forward split would be needed in a short timeframe to quench demand, no question. A divy would also send the pps screaming, along with the shorts in the other direction.

Should be a very interesting week. Looking forward to the release of the AF's, as they will tell most if not all of the tale. JMHO GLTA