LightInTheBox Holding Co Ltd (LITB)

[tradewin]

NYSE biggest gainer today +20%

[tradewin]

Plenty of reasons to like this stock. This underdog is going to have an amazing year.

[tradewin]

Nice move up today!2014....???

[redlepper]

could be past due for a doowop shop upswing

[ECole]

Earnings figures - Conf call transcript


http://www.earningsimpact.com/Transcript/84576/LITB/Q3-2013-Earnings-Call

[J44]

In 7.92 lookin for 11-12$ exit

[TheFinalCD]

$7.86 now

[vector_six]

Diluting?

Sept. 30th 2012 - 34,986,784

Sept. 30th 2013 - 98,928,846

[~MulaGreen~]

Good CC to explain bad numbers. Buy the dip for sure...for a Bounce!!
LightInTheBox Holding Co., Ltd. (NYSE:LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced its unaudited financial results for the third quarter of 2013, ended September 30, 2013.

Third Quarter 2013 Highlights

-- Net revenues were $68.1 million, an increase of 33.4% from $51.1 million
in the same quarter of 2012, primarily driven by an increase of 74.7% in
total number of customers served in the third quarter of 2013.

-- Gross margin increased by 160 basis points to 43.9% from 42.3% in the
same quarter of 2012.

-- Adjusted operating loss (non-GAAP) (1) was $2.5 million, compared to an
adjusted operating income of $0.4 million in the same quarter of 2012.

-- Net loss was $2.4 million, compared to a net loss of $1.0 million in the
same quarter of 2012.

-- Adjusted net loss (non-GAAP) (2) was $1.9 million, compared to an
adjusted net loss of $0.2 million in the same quarter of 2012.

-- Revenue attributed to repeat customers increased 92.0% to $23.8 million
from the same quarter of 2012.
Mr. Alan Guo, Chairman and CEO of LightInTheBox, commented, "Our net revenues in the third quarter, which is a seasonally weaker quarter, grew by 33.4% compared to our prior year period, meeting our revenue forecast range. Geographically, Europe and South America contributed most significantly to our year-over-year growth, increasing by 92.2% and 105.0%, respectively. Excluding the revenue contribution from our apparel category, third quarter revenue from our other categories increased 59.6% from the prior year period. In terms of revenue growth in our product categories, our largest contributors in percentage terms came from our small accessories and gadgets and home and garden product categories."

"Responding to both customer needs and the competitive environment, our apparel category, which remains our second largest product category, is undergoing adjustments. We are implementing improvements within customized wedding and special occasion apparel in the areas of management, merchandising, supply chain, and customer service. We are enhancing our product offerings in the apparel segment by placing greater emphasis on other product lines beyond wedding and special occasion wear, such as fast fashion apparel, which are resulting in increased purchase levels among our customers for such products. We believe this expanded apparel offering will provide us with increased ability to accelerate sales of both new and repeat customers."

"Our total number of customers increased by 74.7% to 1.3 million and our total number of orders increased by 80.0% to 1.6 million in the third quarter compared to the prior year period, demonstrating the growing consumer attraction of our online retail platform. We added 8 new languages to our website in the third quarter. Recently, we made good progress in revenues from mobile ecommerce and recently we launched an updated version of our LightInTheBox app, as well as our first MiniInTheBox app for the iPhone platform to further improve our mobile customer experience. We are excited by our opportunities ahead as we continue to build a strong growth platform that we believe will result in improved operating performance and profitability in the coming quarters."

^$ for a Bounce!!!

[TheFinalCD]

Thx 4 da heads ^up LITB $7.48

[~MulaGreen~]

O V E R S O L D

[dtoney]

LITB really needs to get its admin expenses down.

It is eating half their revenue stream, and it keeps scaling in the same proportion as growth. You would think that expenses would grow at a slower rate than revenue growth but that seems to not be the case. Look at AMZN and DANG and their admin expenses hold steady regardless of total revenue.


Opinions?

[tradewin]

I think the daily just formed a cup and handle.

[tradewin]

Looking for a big recovery here. There's lots of room for that lord knows.

[DeadCellShadix]

I think if you hold, you may profit big

[keekee]

Bought 5000 LITB today...Price $10.18...about time

[gixxer11]

Sure looks like it.. What a tank job

[airbus300]

Closed Friday at $9.87.

[vector_six]

...and here come the investigations!

[airbus300]

I see that (ambulance chasers).

[gixxer11]

Mere come the ambulance chasers lol

[airbus300]

$10.00

Real-Time Quote

As of 08/22/2013 3:42pm ET
LITB
USD LightInTheBox Holding Co Ltd
Last [Tick] $10.00[+]
Change Down -$1.12
% Change Down-10.07%
Bid [Tick] 9.97
Bid Size 1
Ask $10.00
Ask Size 60
Open $11.28
Volume 3,189,890
Day High $11.30
Day Low $9.95
Previous Close $11.12
Prev. Close Date 08/21/2013

[tradewin]

How was this not just another pump and dump right out of the gate?

China doesn't take kindly to failure. Hate to be management these days.

[airbus300]

Blown below the $12.50/ Pinning the 10. ($10 put option expiration Friday night.) End Friday night $9.75 to $10.25/ Probably $10.00/ share plus or minus 8 cents.


LITB
USD LightInTheBox Holding Co Ltd
Last [Tick] $10.17[-]
Change Down -$0.95

[PennyBears]

LIRB bounce watch

[PAC]

There she goes

[renoldman]

Seems that the stock is holding well.

Quite a bit of resistance at $12ish

But it seems to have found a base.

[PAC]

Wowza. Bottom picking??

[sergfro]

lol

[vector_six]

Sell the news confirmed ... A/H over 39% to $11.72, OUCH!!

*General and administrative expenses increased by 74.1% to $8.8 million in the second quarter of 2013 from $5.1 million in the same quarter of 2012, reflecting increased share-based compensation expense. As a percentage of total net revenues, general and administrative expenses were 12.2%, up from 10.7% in the same quarter last year.

8.8 million, LoL!

[vector_six]

Sell the news or a blast near $30, flip a coin.

Recent earnings from both DANG & VIPS were impressive, but shares still sold off.

[TraderXZX]

LITB Earnings Release afterhours today. STRONG BUY should blow past upper estimates on phenomenal Growth and high Margins

[TraderXZX]

LITB-STRONG BUY
Earnings 8/8/2013

Accumulating LITB here before Earnings. We should see low to mid 20's through Earnings on Strong Growth and High Margins.

[$hylo]

LITB. Next stop is $17 and will stair climb to $20 plus by next week!!!

[$hylo]

LITB. Strong move today, could bust in the $16's tomorrow!!!

[ZengaTrader]

Great, thanks for the info and sources.

Yeah, I am getting in right now, and I think this stock is still under the rader, so there is def. good potential to go even higher.

Personally, I just need to find a good entry point at this time.

[TraderXZX]

LITB Received a BUY recommendation from arguably the best IPO analyst out there- Francis Gaskins@ IPOPREMIUM.COM and he has been right on the money with his IPO BUY & IPO Aftermarket BUY recommendations. I bought in and I think we see LITB easily get into low to mid 20's real soon.

[$hylo]

IPO Review: LightInTheBox Holding - Attractively Priced.

http://seekingalpha.com/article/1477911-ipo-review-lightinthebox-holding-attractively-priced

[$hylo]

Shareholders include Ceyuan Ventures (26.4% pre-IPO stake), GSR Ventures (20.6%), TrustBridge Partners (6.8%), Focus China Holdings (6.8%).

IMO, LITB is literally what you call a Ground Floor Opportunity. In 2012, it ranked number one in terms of revenue generated from customers outside of China among all China-based retail websites that source products from third-party manufacturers. It also offers its products through other high traffic online marketplace platforms such as Amazon.com, eBay.com and Taobao.com.

The company has been developing a large global customer base since the launch of its first website. The number of its customers increased from about 0.5 million in 2010 to about 2.5 million in 2012. The number of its customers was about 1.1 million in the three months ended March 31, 2013. The number of products offered by the company to its customers has increased from about 59,000 in 2010 to about 205,000 in 2012.
Its losses have been come down to about $7 million in FY 2012 from about $22 million in FY 2010. Further in first quarter of FY 13 the company has turned profitable with the profit of about $1.5 million.

Their growth is very impressive. Net revenues grew from $6.3 million in 2008 to $200.0 million in 2012. IMO, LITB will reach $20+ per share in a month or so.
http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=8928410

[ZengaTrader]

I wonder who holds significant portion of this stock and what could be a target end of this month.

I bought from them before, they have decent quality products, this could be valued much more.

[$hylo]

LightInTheBox is a leading online B2C retailer, bringing manufactured goods of China to the global market. The Company was founded by a star operations team from Google, Amazon, Walmart, the Home Depot, and others, and has been growing explosively since inception.
http://www.gsrventures.com/en/investments/litb.html

[$hylo]

LITB. First Chinese IPO of 2013 surges 20%

After a six-month drought, the year's first Chinese company made its U.S. stock market debut Thursday.

Shares of Beijing-based Internet retailer LightInTheBox (LITB) surged 22% above their initial public offering price of $9.50.

Only two Chinese companies went public in the United States last year. That's down from a dozen in 2011 and 40 in 2010.

The two companies that went public last year, online retailer Vipshop Holdings (VIPS) and social media firm YY Inc. (YY), have been welcomed by U.S. investors. Shares of Vipshop have gained 340% from their IPO price, while YY is up 150%.

LightInTheBox's IPO will help the company speed up its international expansion throughout the United States and Europe. t is a very fast-growing company with a vast and diverse product list. It's a comparable model to Amazon (AMZN, Fortune 500) in a smaller size.
http://money.cnn.com/2013/06/06/investing/chinese-ipo-lightinthebox/index.html

[$hylo]

LITB $9.50. LightInTheBox Announces Pricing of Initial Public Offering
http://ih.advfn.com/p.php?pid=nmona&article=57873934&symbol=LITB

LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced that it has priced its initial public offering of 8,300,000 American depositary shares (“ADSs”), with each ADS representing two ordinary shares of the Company, at US$9.50 per ADS, for a total offering size of approximately US$78.85 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on June 6, 2013 under the symbol “LITB.”

The Company and certain selling shareholders have granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an additional 1,245,000 ADSs at the initial public offering price, less the underwriting discounts.

Credit Suisse and Stifel acted as joint bookrunners and Pacific Crest Securities, Oppenheimer & Co. and China Renaissance Securities acted as co-managers for the offering.

LightInTheBox’s registration statement relating to the initial public offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the offering may be obtained by contacting Credit Suisse, Attn: Prospectus Department, Eleven Madison Avenue, New York, New York 10010, United States of America, by email at [e-mail], or by phone at [phone]; or Stifel, Nicolaus & Company, Incorporated, Attn: Prospectus Department, One Montgomery Street, 36th Floor, San Francisco, CA 94104; or by calling [phone], or by email at [e-mail].