3SOF

Profile :

 
LJ International Inc.
Unit 12
12th Floor Block A
Hung Hom,  
Hong Kong - Map
Phone: 852 2764 3622
Fax: 852 2764 3783
Web Site: http://www.ljintl.com

DETAILS  
Index Membership: N/A
Sector: Consumer Goods
Industry: Recreational Goods, Other
Full Time Employees: 2,800


BUSINESS SUMMARY  
LJ International, Inc. engages in designing, branding, manufacturing, marketing, and distributing fine jewelry. The company specializes in the semiprecious jewelry, as well as offers pieces set in yellow gold, white gold, platinum, or sterling silver and adorned with semiprecious stones, diamonds, pearls, and precious stones. Its product line includes earrings, necklaces, pendants, rings, and bracelets. The company distributes its products principally to fine jewelers, department stores, national jewelry chains, and electronic and specialty retailers throughout North America and western Europe, as well as in Japan and the People's Republic of China. LJ International was founded in 1987 and is based in Hung Hom, Hong Kong.

Ascending Triangle (continuation) Pattern
Another China play.......
Play for growth, play for wealth, play for consumption

Float (mil) 15.00.......Shares Outstanding (mil) 17.26

Technicals
Last Price Quote is:
21.46%above 13-day MA
28.79%above 50-day MA
RS Rating: 93 

Fundamentals
Key Data:
Market Cap (M): $66.81 
P/E Ratio: 14.59 
PEG Ratio: N/A 
Next Earnings: 04/02/2007
Last Analyst Rating: N/A

Business Overview :

BRIEF: For the six months ended 30 June 2006, LJ International, Inc.'s revenues rose 37% to $50.1M. Net income before extraordinary items totaled to $952K, up from $159K. Revenues reflect acceptance of new products, the addition of new customers, increased orders from existing customers and continued growth in the retail business. Net income also reflects improved gross profit margins and higher other revenues. http://www.ljintl.com


Ascending Triangle (continuation) Pattern

The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation.

Because of its shape, the pattern can also be referred to as a right-angle triangle. Two or more equal highs form a horizontal line at the top. Two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. If both lines were extended right, the ascending trend line could act as the hypotenuse of a right triangle. If a perpendicular line were drawn extending down from the left end of the horizontal line, a right triangle would form.

In contrast to the symmetrical triangle, an ascending triangle has a definitive bullish bias before the actual breakout. If you will recall, the symmetrical triangle is a neutral formation that relies on the impending breakout to dictate the direction of the next move. On the ascending triangle, the horizontal line represents overhead supply that prevents the security from moving past a certain level. It is as if a large sell order has been placed at this level and it is taking a number of weeks or months to execute, thus preventing the price from rising further. Even though the price cannot rise past this level, the reaction lows continue to rise. It is these higher lows that indicate increased buying pressure and give the ascending triangle its bullish bias.

Press Release Source: LJ International Inc.


LJ International's ENZO Retail Unit Exceeds 2006 Goal for Store Count and Meets Fourth Quarter Goal for Positive EBITDA
Monday January 8, 8:00 am ET


HONG KONG and LOS ANGELES, Jan. 8 /Xinhua-PRNewswire/ -- LJ International Inc. (LJI) (Nasdaq: JADE - News), one of the fastest-growing jewelry companies in the world, today announced that its retail division, ENZO, has exceeded its previously-announced 2006 target for store-count growth and has met its goal for earnings before interest, taxes, depreciation and amortization (EBITDA).


As of December 31, 2006, ENZO had a total of 42 retail outlets operating in China, Hong Kong and Macau. This exceeds the target of 40 stores that LJI announced most recently in August 2006. LJI continues on track to meet or exceed its goal of opening at least 100 stores by the time of the Beijing Olympics in the summer of 2008.

In terms of financial performance, ENZO has now passed a key milestone, positive EBITDA. Based on preliminary results for the fourth quarter ending December 31, 2006, it is expected to record positive EBITDA and operating profit, following negative EBITDA and operating profit in the prior quarter. This meets the target announced in June 2006 for breakeven EBITDA by the end of 2006.

LJI Chairman and CEO Yu Chuan Yih commented: "This has been a highly successful year for our ENZO retail division, which made the key transition to positive EBITDA and is well on its way to meeting our goal of full profitability on a net, stand-alone basis by the end of 2007. We are pleased, too, that ENZO is not only opening new stores at a rapid pace but is seeing large increases in revenues that point to healthy growth on a same-store basis. The division is on track to meet its 100-store target by the time of the Beijing Olympics and its 2008 revenue goal of $40 million. In the nearer term, the outlook for 2007 is looking better than ever. We expect soon to be providing new guidance for that year, along with the fourth quarter of 2006."

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

About LJ International Inc.

LJ International Inc. (LJI) (Nasdaq/GM: JADE), based in Hong Kong and the U.S., is engaged in the designing, branding, marketing and distribution of a full range of jewelry. It has built its global business, currently one of the fastest-growing in the jewelry industry, 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. 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, release and revenues 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.


    AT LJI:                    AT INVESTOR RELATIONS INTL:
    Ringo Ng                   Haris Tajyar
    CFO                        Managing Partner
    Ph:  011-852-2764-3622     Ph:  818-382-9702
    [email protected]         [email protected]
--------------------------------------------------------------------------------
Source: LJ International Inc.

Hmmmm...

52wk Range: 2.69 - 5.79
Volume: 285,618
Avg Vol (3m): 173,858

Technicals
Last Price Quote is:
26.59%above 13-day MA
36.86%above 50-day MA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $66.81 
P/E Ratio: 14.59 
PEG Ratio: N/A 
Next Earnings: 04/02/2007
Last Analyst Rating: N/A

Getting more attention.......
A nice looking run in 2003 from $1.25 to $4.00

52wk Range: 2.69 - 6.20
Volume: 456,064
Avg Vol (3m): 198,724

Technicals
Last Price Quote is:
20.51%above 13-day MA
37.25%above 50-day MA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $66.81 
P/E Ratio: 14.59 
PEG Ratio: N/A 
Next Earnings: 04/02/2007
Last Analyst Rating: N/A

Below are the 6 Month and a 3 Year chart

Worthy of an updated chart....... 

52wk Range: 2.69 - 6.91
Volume: 722,769
Avg Vol (3m): 233,403

  Hello...

52wk Range: 2.69 - 7.54
Volume: 1,303,052
Avg Vol (3m): 277,260

Technicals
Last Price Quote is:
19.07%above 13-day MA
46.11%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $66.81 
P/E Ratio: 14.59 
PEG Ratio: N/A 
Next Earnings: 04/02/2007
Last Analyst Rating: N/A

Wow JADE over 7, I remember pondering if I should enter a position when it was trading in the 3s .

Press Release Source: LJ International, Inc.


LJ International's Lorenzo Brand Selected as a Contributor to Stars' Gift Bags at 2007 Grammy Awards
Friday February 9, 11:00 am ET 
Neck Piece by Famed Designer Omar Torres Will be Included In Gift Bags for Performers and Presenters; Company Also Will Display Products in Celebrities' Backstage Lounge


HONG KONG and LOS ANGELES, Feb. 9 /PRNewswire-FirstCall/ -- LJ International, Inc. (LJI) (Nasdaq: JADE - News), one of the fastest growing jewelry companies in the world, and through its brand name ENZO, the largest foreign jewelry retailer in China, today announced that its LORENZO brand has been selected as one of the exclusive items to be included in the gift bags and backstage lounge programs at this year's Grammy Awards, considered by many as music industry's equivalent to the Oscars. This year's Grammy Awards will be held on February 11, 2007 at the Staples Center in Los Angeles.

 
The gift bags, which are traditionally handed out to performers, presenters and nominees, as well as members of the media, will include a stunning Green Amethyst neck piece in Sterling Silver and 18 karat gold. This exclusive LORENZO-branded piece was designed by LJI's Chief Designer, Omar Torres, who is renowned for his design work with Bvlgari and Movado. The Grammy Neck Piece and the entire LORENZO Brand Collection are now available at over 700 Authorized LORENZO Retail Jewelers throughout the United States.

LORENZO will also be featured at the Grammy Lounge, a backstage area catering to the show's celebrity participants. The Lounge will be open for the three days of rehearsal leading up to the February 11 award event. As a Grammy Lounge sponsor, LORENZO will also have the opportunity to display a wider assortment of its jewelry products.

Yu Chuan Yih, Chairman and CEO of LJ International, commented, "We are pleased at this extraordinary opportunity to introduce the LORENZO brand name to some of the world's most glamorous and fashion-forward entertainers. The gift bag and lounge programs at the Grammy and Oscar Awards have become newsworthy events in themselves. We expect that LJI and its LORENZO brand -- sold through our global retail partners -- should have a significantly higher profile thanks to our featured Grammy role."

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

About LJ International Inc.

LJ International Inc. (LJI) (Nasdaq: JADE - News), based in Hong Kong and the U.S., is engaged in the designing, manufacturing, branding, marketing and distribution of a full range of jewelry. It has built its global business, currently one of the fastest-growing in the jewelry industry, 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. 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, release and revenues 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 FURTHER INFORMATION:

    AT INVESTOR RELATIONS INTL:
    Haris Tajyar
    Managing Partner
    Ph: 818-382-9702
    [email protected]
--------------------------------------------------------------------------------
Source: LJ International, Inc.

Popped.. good word for this action ! 

Float (mil) 15.00 Shares Outstanding (mil) 17.26

52wk Range: 2.69 - 8.40
Volume: 1,109,740
Avg Vol (3m): 344,823

Technicals
Last Price Quote is:
13.35%above 13-day MA
40.66%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $66.81 
P/E Ratio: 14.59 
PEG Ratio: N/A 
Next Earnings: 04/02/2007
Last Analyst Rating: N/A

 (Corrects previous full-year outlook to a range of 22 cents to 28 cents a share in fourth paragraph, after the company clarified) (Adds details, share movement)

Feb 15 (Reuters) - Hong Kong-based jewelry company LJ International Inc. (JADE,Trade) raised its outlook for the fourth quarter and fiscal 2006, sending its shares up more than 9 percent.

For the fourth quarter, the company now expects to earn 16 cents a share compared with its November forecast of 4 cents to 11 cents, on revenue of about $40 million compared with the $33 million to $37 million revenue previously forecast.

In a statement, LJ International cited its ENZO retail chain in China, which it said is the fastest-growing part of its business and surpassed a target of having 40 stores open by the end of the year.

The company raised its fiscal 2006 earnings forecast to 34 cents a share compared with the outlook given in November of 22 cents to 28 cents a share.

Revenue for the year is now expected to be $123 million, compared with the November outlook of between $115 million and $120 million.

Analysts on average expected the company to earn 9 cents a share in the fourth quarter and 26 cents a share for fiscal 2006, excluding items, on revenue of $37.7 million and $120.8 million respectively, according to Reuters Estimates.

Shares of the company were up about 79 cents to $9.07 in morning trade on the Nasdaq. (Reporting by Suzannah Benjamin in Bangalore)

AP
LJ International Eyes 100 ENZO Stores
Thursday February 15, 12:20 pm ET 
LJ International Increases Its Retail Expansion Target to 100 ENZO Stores by Year-End


WASHINGTON (AP) -- Hong Kong-based jewelry company LJ International Inc. said Thursday it plans to increase its total number of retail stores to at least 100 by year-end, moving up its schedule by a year.
LJ, which currently operates 45 ENZO stores in China, Hong Kong and Macao, had previously announced plans to open 100 ENZO stores by the end of 2008, a spokesman said.

LJ also sells its Lorenzo brand of jewelry in U.S. department stores.

Shares of LJ International rose 57 cents, or 6.8 percent, to $8.85 in midday trading on the Nasdaq Stock Market. Earlier in the session, the stock hit a new 52-week high of $9.25, topping its prior peak of $8.40, after LJ boosted its fourth-quarter and full-year 2006 guidance above Wall Street expectations.

Play for growth, play for wealth, play for consumption.......
LJ International Raises Guidance for Fourth Quarter and Full Year 2006.
Company Sees Record Revenues of $40 Million and EPS of $0.16 for Fourth Quarter 2006.


52wk Range: 2.69 - 8.40
Volume: 3,296,319
Avg Vol (3m): 356,369

Technicals
Last Price Quote is:
21.76%above 13-day MA
51.88%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $66.81 
P/E Ratio: 14.59 
PEG Ratio: N/A 
Next Earnings: 04/02/2007
Last Analyst Rating: N/A

Below are the 6 Month and 3 Year charts.......

This was released afterhours on Friday :
LJ International, Inc. (LJI) (Nasdaq/GM: JADE), one of the fastest-growing jewelry companies in the world and, through its ENZO brand, the largest foreign jewelry retailer in China, today raised its guidance for revenues, net income and earnings per share for its fourth quarter and full year ended December 31, 2006.

Revenues are now expected to total approximately $40 million for the fourth quarter and $123 million for the full year. Both figures would represent new records for the Company. Fourth quarter revenues are expected to be approximately 27% above the $31.6 million reported in the fourth quarter of 2005. Projected full year revenues are expected to be approximately 30% above the $94.6 million reported in all of 2005.
LJI expects net income for the fourth quarter ended December 31, 2006, to be approximately $3.0 million, exceeding the upper limit of the Company's earlier guidance by 43%. The projected fourth quarter 2006 net income is more than double the $1.4 million reported in the fourth quarter of 2005. For the full year, net income is expected to reach approximately $6 million, or approximately 76% above the $3.4 million reported in 2005.
Earnings per fully diluted share (EPS) also are expected to come in well over earlier guidance and sharply above year-ago levels. EPS is now projected to be approximately $0.16 for the fourth quarter and $0.34 for all of 2006. This quarterly projection represents an increase of approximately 78% over the $0.09 reported in the fourth quarter of 2005. The full year projected EPS represents an approximate 33% increase above the $0.24 reported for all of 2005.

Note: The single analyst was expecting .08 4Q  Monday should be interesting.

Sometimes all you need is some grade school math to make a sound and reasonable guess. If the market behaves normally, we'll see $.34 (new EPS) x 35 (old P/E) = $12 in the short run.

Ram