Sulja Bros. Building Supplies, Ltd (SLJB)

[Countmein]

To toddeholden from uw86

out of ihub posts for day so if someone here could post this there i w/appreciate it-toddeholden asked if the recently announced cement allocation should be viewed as a one -time item and sharply discounted as a result-the answer is no, it is not considered non-recurring because expectations of similar contracts exist(as evidenced by total tonnage available to be placed)and is considered a part of on-going net and operations-an ex. of a non-recurring gain w/be one-time sale of an asset or division--any CPA would/should know this btw--and i am a CFA fwiw-----my original post btw was essentially that just the ONE cement allocation just announced, given a 20 multiple and assuming a 40% tax rate is worth approx. $100 million in market cap just by itself, or roughly .20 pps-obviously i am bullish on SLJB