Replies to post #141678 on Sulja Bros. Building Supplies, Ltd (SLJB)

[smartinvestor]

Here's the main sources of revenues for 2006 and 2007

2006 projections

USA:15.5M
Canada:26.1M
Middle East:20.1M
http://www.suljabros.com/20060803202328066.pdf


2007 projections

USA:70.4M
Canada:45.5M
Middle East:190.2M
http://www.suljabros.com/ProFormafor2007.pdf




SLJB valuation based on 2006 unaudited financials(May 2005-May 2006)


65.4M revenues
15.61M net income or .0312 EPS

Price targets soon after A/F results
-------------------
with a PE of 20 =.62$
with a PE of 25 =.78$
with a PE of 30 =.93$

Bottomline,very undervalued here,and based on Financials from Last year without the incredible growth in the coming Quarters from Dubai!!

Price Targets 6 to 12 months
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2007 revenues: 307 M
2007 Net income: 56M or .112


with a PE of 20 = 2.24$
with a PE of 25 = 2.80$
with a PE of 30 = 3.36$