Sulja Bros. Building Supplies, Ltd (SLJB)

[justfactsplease]

This is the last time I am going to respond to you "The Bean Counters!" I run companies and you just count beans! During market down turns companies hedge by getting longer terms from suppliers, which are often easy to get or a back log would create an over inventory at the production facilities! The builders are SOMETIMES given longer time to pay their bills, but the real estate is often placed with a second lien, mechanics lien, to protect the suppliers position. With a company that is five years or younger, maybe you and your other bean counters are in the ball park due to unpaid fixed debt, but with a 25 year old company with no debt, you have no clue what their fixed costs are or their terms on payables!! I have many times in the past during down turns in the markets, increased not only profits but increased market share just as Sulja is doing by purchasing the competition! Go count your beans, but don't pretend you know exactly how a 25-year-old company makes and maintains profits! This is the last time I am discussing this with you as your type are a dime a dozen!