Sulja Bros. Building Supplies, Ltd (SLJB)

[partysasquatch]

When the financials are out. The intrinsic value will be established. With the projects on the horizon, a trailing PE of 30 should very reasonable.

A trailing PE of 30 on the unaudited numbers is:

0.032 EPS X 30 = 0.96

with verification of the new contracts. 0.96 should be considered a bargain.

Forward EPS is around 0.20. We should trade up to a 10 PE in 2007. That would be 0.20 EPS X 10 = 2.00 price per share. Getting higher than that number will require new contracts above the pro forma.

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