01.01.70
LJ Supranational, Inc. (NASDAQ:JADE) has been Upgraded to a Strong Buy at Heffernan Capital Direction with a 2013 price target of $4 issued today by Shayne Heffernan.
LJ Oecumenical Inc. (LJI), incoroprated on January 30, 1997, is a vertically integrated company that designs, brands, markets, distributes and retails a sort of fine jewelry. While the Company specializes in the colored jewelry partition, it also offers high-end pieces set in yellow gold, white gold or sterling silver and adorned with colored stones, diamonds, pearls and beloved stones. Its product lines incorporate all categories sought by retailers, including earrings, necklaces, pendants, rings and bracelets. The Suite conducts its jewelry retail business through the ENZO brand in the Asia Pacific sphere, with the primary focus in the China market. It operates in two business segments: cook up and wholesale of jewelry products, and retail of jewelry products.
The Business also owns certain commercial and residential properties located in Hong Kong, which are held originally for lease. The Company’s primary wholesale marketing focus has been in North America where it has sold speedily to certain customers that need specialized product development services, and through a marketing relationship with Foreign Jewelry Connection for those customers that need service and training. The Entourage specialize in a range of colored gemstones ranging from amethyst, aquamarine and peridot to tanzanite and tourmaline. As of December 31, 2010, the Guests had 133 ENZO retail chain in China. The Company has established a skill in China that performs stone cutting and polishing and jewelry making. The facility is located in the city of Shenzhen in Guangdong Province, China.
Source: Live Trading News