The_Free_Nebula, its not what SLJB is worth today but what its worth down the road and who knows that better than the people needing Sulja.
SLJB price target:
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PE of 20: $4.86
PE of 25: $6.07
PE of 30: $7.29
By smartinvestor.
Let's do the maths
previous 2007 financial guidance
307 M and 56.3M net profits or .112 EPS
Let's assume the cement deal will be fully added to the initial 307 M and we have 657 M revenues for 2007.
657M is 2.17 Times 307M.
In order to calculate the new net profits for 2007,apply a multiple of 2.17 to the initial 56.3M and .112 EPS and
you'll have the new 2007 financial projection:
122M Net Profits or EPS of .243
SLJB price target:
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PE of 20: $4.86
PE of 25: $6.07
PE of 30: $7.29
Bottomline,these calculations are clearly showing that SLJB profits are more enough For a Nasdaq listing.
Just for your info,the initial 2007 profits of 93.951M are pretax profits and not net profits.