3SOF

shorted some at $6.97 hopefully for a quicky trade today.

GLTA...Jody

SOLD! $6.27   I'll take that quicky   

One of the VERY seldem times I have ever "day-traded"

Scary stuff...too involved for me.


GLTA...Jody

Quote from: 422fwhp on December 31, 2007, 10:14:12 AM
SOLD! $6.27   I'll take that quicky   

One of the VERY seldem times I have ever "day-traded"

Scary stuff...too involved for me.


GLTA...Jody

Congrats Jody on the profit.  Be careful...remember JADE was down because of the delay in financial reports. 

The market was looking for JADE to report...and now that they did...I think JADE will go higher in the days to come.

Actually that $6.27 comment above shoulda read, "BOUGHT TO COVER!"   but it just didn't have the same effect.... 

Jody

Quote from: setravis on December 06, 2007, 06:03:35 PM
January Thur February...
Look at last Jan Thur Feb price action.
I'm inclined to believe this stock will do the same thing here.

HONG KONG, June 13, 2008 /Xinhua-PRNewswire-FirstCall via COMTEX/ -- LJ International Inc. (LJI) (JADE), a leading jewelry manufacturer and retailer, announced today that it will release its financial results for fiscal year 2007 and the first quarter of 2008 on June 30, 2008.

The fiscal year report is for the year ended December 31, 2007. The quarterly report is for the first quarter ended March 31, 2008.

To be added to LJI's investor lists, please contact Haris Tajyar at [email protected] or at 818-382-9700.

About LJ International

LJ International Inc. (LJI) (JADE), based in Hong Kong, is engaged in the designing, branding, marketing and distribution of a full range of jewelry. It has built its global business on a vertical integration strategy and an unwavering commitment to quality and service. LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a growing retail presence in China through its ENZO stores. Its product lines incorporate all major categories sought by major retailers, including earrings, necklaces, pendants, rings and bracelets.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future revenues and earnings. These forward-looking statements may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors including, but not limited to, uncertainties in product demand, the impact of competitive products and pricing, changing economic conditions around the world and in China, introduction of new products and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.


 
    FOR MORE INFORMATION: 
     Haris Tajyar 
     Tel:   +1-818-382-9702 
     Email: [email protected] 

SOURCE LJ International Inc.



Copyright (C) 2008 PR Newswire. All rights reserved

updated chart look...
Bouncing off the 13-day MA
With the Golden Cross...


Honing in on the renewed upside with JADE......interesting news we missed recently..... P/E (ttm): 15.22
EPS (ttm): 0.113
Book Value Per Share (mrq): 3.428

LJ International Reports Sharp Growth in Retail Sales and Income for First Quarter of 2009Business Wire(Fri, May 15)

JADE Stores doing great in China...

LJ International Reports Sharp Growth in Retail Sales and Income for First Quarter of 2009
Company's China-Based ENZO Retail Chain Boosts Company-Wide Results as Wholesale Operations Decline from Global Recession

HONG KONG, May 15, 2009 (BUSINESS WIRE) -- LJ International Inc. (LJI)  a leading jewelry manufacturer and retailer, today reported financial results for the first quarter ended March 31, 2009.

First Quarter 2009 Highlights:

-- Combined revenues for retail and wholesale divisions decreased 25% year-over-year.

-- Retail revenues increased 40%, surpassing wholesale revenues for first time.

-- Retail sales growth raises Company's gross margin; operating results swing from loss to profit.

-- Company remains profitable on net basis, with EPS of $0.01 on a fully-diluted basis.

-- Cash position remains strong, rising to over $0.64 cents per share.

-- Company to continue to focus on retail growth in China while maintaining position in its wholesale operations during global recession.

Retail Revenues Take Lead for First Time

For the first quarter ended March 31, 2009, LJI revenues totaled $22.7 million, down 25% from $30.4 million in the first quarter of 2008. The decrease was due to a 51% drop in sales of LJI's wholesale operations, to $10.8 million in the first quarter of 2009 from $21.9 million a year earlier. This decrease was partially offset by a 40% increase in sales from its ENZO retail chain in China, to $11.9 million in the first quarter of 2009 from $8.5 million a year earlier.

This latest quarter was the first time in the Company's history in which LJI's retail operations, consisting of its chain of ENZO stores across China, accounted for a larger share of revenue than its wholesale operations. The decline in wholesale revenue was due largely to the slowdown in the global economy and consumer spending. The recession in the U.S., which accounts for the majority of LJI's wholesale revenues, had an especially sharp impact on sales. The growth in retail revenues was due to the continued, albeit slowing, growth in the Chinese economy and to the ongoing productivity gains from the Company's ENZO retail chain of jewelry stores. As of March 31, 2009, a total of 92 ENZO stores were in operation.

Retail Growth Raises Margins, Improves Operating Results

Overall gross profit in the first quarter of 2009 fell 10%, to $8.7 million from $9.6 million a year earlier. As a percentage of overall sales, gross margin rose to 39% from 32%, reflecting the much higher margins of retail revenues compared to wholesale revenue. Retail gross margin in the first quarter of 2009 was 54%, compared to a wholesale margin of 21%.

Selling, general and administrative (SG&A) and other operating expenses for the first quarter of 2009 totaled $8.4 million, down from $10.2 million in the first quarter of 2008. The reduced operating expenses during the first quarter of 2009 were due to management's cost-containment and corporate restructuring efforts in response to the global recession. Broken down by division (corporate, retail and wholesale), these expenses dropped sharply at the corporate level, to $0.3 million from $1.2 million a year earlier and also fell substantially in wholesale, to $2.7 million from $4.4 million. Expenses rose by a smaller amount in retail, to $5.3 million in 2009 from $5.2 million in 2008, reflecting a substantial increase in contingent rental expenses in line with the increase in retail revenue while other expenses dropped sharply also.

Operating income for the first quarter of 2009 totaled $0.4 million, compared to an operating loss of ($1.1 million) in the first quarter of 2008. The improvement was due to the drop in corporate operating expenses and an operating profit of $1.1 million in the retail division, up from a retail operating loss of ($0.4 million) in the first quarter of 2008. The wholesale division reported an operating loss of ($0.4 million) in the first quarter of 2009, compared to operating income of $0.5 million a year earlier.

Company Maintains Profitability, Improves Cash Position

Net income for the first quarter of 2009 was $0.1 million, or $0.01 per fully diluted share, down from $1.1 million, or $0.05 per fully diluted share, in the first quarter of 2008. Net income for 2008 included a $2.2 million gain on the sale of property held for lease. Excluding that item, it would have shifted to a loss of ($1.2 million), or ($0.05) per fully diluted share.

On the balance sheet, LJI's cash and cash equivalents totaled $14.8 million as of March 31, 2009, or $0.64 cents per share, up from $13.3 million on December 31, 2008. Long-term liabilities totaled $3.8 million on March 31, 2009, up from $2.2 million at the end of 2008.

CEO to Focus on ENZO's Continued Growth While Preparing for Wholesale Recovery

LJI Chairman and CEO Yu Chuan Yih commented, "The mixed record of the results for our first quarter is a direct reflection of a very challenging global environment, offset by continued good news from the retail market in China. The steep drop in wholesale revenues reflects the situation in North America, especially where consumers have dramatically curtailed purchases of luxury items such as jewelry. The continued rise across our ENZO retail stores reflects the more robust consumer market in China, where the economy is growing more slowly than in recent years but has not slipped into a deep recession comparable to the rest of the world. The over-arching good news here, we believe, is that ENZO's retail growth in China should continue and that once the global recession ends, we will be positioned to improve our wholesale results and further enhance an already bright outlook for retail."

Mr. Yih continued, "The latest quarter was historic for us, in that it was the first in which retail sales, entirely from our ENZO retail chain, overtook wholesale as our principal source of revenues. Recovering wholesale revenue might tip the balance away from retail in the near future, but the long-term trend is clear: LJI's future growth lies with the continued expansion of our ENZO retail stores across China while further solidifying our position in our wholesale business."

To be added to LJI's investor lists, please contact Haris Tajyar at [email protected] or at 818-382-9702.

About LJ International

LJ International Inc. (LJI) is engaged in the designing, branding, marketing and distribution of a full range of jewelry. It has built its global business on a vertical integration strategy and an unwavering commitment to quality and service. LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a substantial and growing retail presence in China through its ENZO stores. Its product lines incorporate all major categories sought by major retailers, including earrings, necklaces, pendants, rings and bracelets.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements. These forward-looking statements do not constitute promises or guarantees of future performance, but involve a number of risks and uncertainties that could cause actual results to differ materially from such statements. Factors that could cause actual results to differ materially from such statements include, but are not limited to, factors relating to future revenues and earnings, expectations that the Company will not be negatively impacted by further one-time events relating to, but not limited to, write-offs related to its U.S. customers, significant or unforeseen litigation expenses, fluctuations in the Company's gross margins, productivity improvements at its ENZO Division, continued weakness in the global economic climate, particularly in the U.S. and China as well as additional risk factors detailed in the Company's most recent filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

SOURCE: LJ International Inc.


for LJ International Inc.
Haris Tajyar, 818-382-9702
[email protected]



Copyright Business Wire 2009

updated chart look...
Nice run !

Business Overview

BRIEF: For the three months ended 31 March 2010, LJ International, Inc.'s revenues increased 18% to $26.9M. Net income totaled $1.9M up from $130K. Revenues reflect higher income from product sales. Net income also reflects by lower depreciation, the presence of gain on sale of securities and a decrease in interest expense. LJInternational, Inc. is engaged in the designing, branding, marketing of a jewelry. http://www.ljintl.com

Share Statistics:
low float,
Shares Outstanding5: 24.68M
Float: 21.42M
% Held by Insiders1: 9.52%
% Held by Institutions1: 3.50%
Shares Short (as of Aug 13, 2010)3: 36.53K
Short Ratio (as of Aug 13, 2010)3: 0.30
Short % of Float (as of Aug 13, 2010)3: 0.20%
Shares Short (prior month)3: 29.79K

Income Statement:
Revenue (ttm): 125.23M
Revenue Per Share (ttm): 5.29
Qtrly Revenue Growth (yoy): 47.00%
Gross Profit (ttm): 38.35M
EBITDA (ttm): 10.52M
Net Income Avl to Common (ttm): 7.53M
Diluted EPS (ttm): 0.30
Qtrly Earnings Growth (yoy): 1,098.40%

updated chart look...