Sulja Bros. Building Supplies, Ltd (SLJB)

[Visiontrack]

Estimate stock prices:

With 500 million shares outstanding:
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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.

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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