Dji Holdings Share Discussion Threads

[squiresquire] 03/8/2016 09:12

AYESHA

Actually we do have quite a lot to do with these matters as you put it.

xinhua news agency ran this two days ago....

China will not tolerate “unwanted accusations” about its investments in Britain, a country that cannot risk driving away other Chinese investors as it looks for post-Brexit trade deals, China’s official Xinhua news agency said on Monday.

Xinhua, in an English-language commentary, said China understood and respected Britain’s requirement for more time to think about the deal.

“However, what China cannot understand is the ‘suspicious approach’ that comes from nowhere to Chinese investment in making the postponement,” it said.

Xinhua said people might think Britain was trying to erect a wall of protectionism.

This “will surely stain its credibility as an open economy and might deter possible investors from China and other parts of the world in the future,” it added.

“China can wait for a rational British government to make responsible decisions, but can not tolerate any unwanted accusation against its sincere and benign willingness for win-win cooperation.”

the point is that much though you may say otherwise, xinhua is the same official newspaper that the government of China talks to its citizens through. they get the hump over Hinkley, and they clearly are not happy with it, then the same newspaper that gives out Chinese official positions, may well decide its not the proper thing to get to cosy with DJI. Why the current delays to DJI,? Originally we thought that news would be due in June, then July. Now its August or actually closer to September. Autumn in other words. Why this delay?

[ayesha4] 03/8/2016 02:20

We discussed this yesterday and all I got was a chuckle. We have absolutely NOTHING to do with these matters and DJI has excellent contacts in the Chinese GOVERNMENT. Watch out for some blistering news before and after NASDAQ listing - still on course for end of September. US Broker should be appointed in the next 15 days. Buy and hold - you will triple your money within 6-12 months. There has been plenty of contact from US funds wishing to switch out of 500.com into DJI.

[squiresquire] 02/8/2016 17:59

MMMM erm ok, i give in.

[topazfrenzy] 02/8/2016 16:56

Squire, if you don't behave I'll get Theresa to give you the lowdown on the matter!

[squiresquire] 02/8/2016 16:42

topaz...bergsy

I dont know why you think they should cancel the contracts, what makes you think that?

[bergsy] 02/8/2016 15:16

Aren't DJI a Chinese company but with a very small uk base? So how would cancelling there contracts hurt the uk??

[topazfrenzy] 02/8/2016 12:30

If you think China is going to cancel every deal with the UK over Hinkley then you really are slightly wonky in the head squire, sorry to be so blunt.

It's like saying Germany and the EU are going to pull out of every JV they have with UK companies because of Brexit.

Honestly, please, you've made your point!

[squiresquire] 02/8/2016 09:25

xinhua again, ime sure the Chinese will retaliate if we kick out their part of the deal, as its xinhua they may well target DJI


Theresa May has been warned by China not to risk driving away Chinese investors as the country’s official news agency questioned the British government’s delay in approving the controversial new Hinkley Point C nuclear power plant.

Xinhua news agency said China understood and respected Britain’s requirement for more time to think about the deal, but it dismissed fears that China would put “backdoorsR21; into the technology used on the project, that might present threats to UK national security.

It said: “China can wait for a rational British government to make responsible decisions, but cannot tolerate any unwanted accusation against its sincere and benign willingness for win-win cooperation.”

Xinhua commentaries are not official government statements, although they are often viewed as offering a taste of the regime’s thinking.

[topazfrenzy] 02/8/2016 08:06

Squire wants to add some at nuclear bottom prices, Hinkley is his smokescreen!

May could well be filling her kitten heels with these in the meantime ... even the PM needs a retirement plan.

[shutittrev] 02/8/2016 06:31

Squiresquire.....'you are not really going to ignore a thing like this'. Very pleased to hear it. Now, do the sensible thing, sell up and move on.
Just saying like.

[snowyflake] 01/8/2016 22:54

"But Beijing does not want to feed any such fears by overreacting"

I virtually wrote the same thing on here over the weekend and I do not work for the BBC, ITV, Sky, Xinhua, any newspaper or any other media outlet.

Of course they are hurt but if they had a new President would not that new President not review major international deals?

[and11] 01/8/2016 21:46

I hear your message! But we are basically a Chinese entity.. I see little risk to ourselves just massive opportunity. Stay calm.

[squiresquire] 01/8/2016 21:11

BBC now.


xinhua....Now as some here posted earlier there is no connection with Hinckley to DJI.....Really???....Doh. The fact is this could be serious. I am a holder but i am not willing to ignore a thing like this, it is indeed worth watching very carefully.

They could drop DJI like a hot stone if they wanted, in my opinion May will have to be very careful indeed. Make your own minds up though. Try the last paragraph.



Xinhua said the delay "not only draws queries from the international community about its openness towards foreign investment, but also adds uncertainties to the 'Golden Era' of China-UK ties".
It went on: "Giving green light to a 24-billion-U.S.-dollar project can never be an easy decision, and China fully understands and respects British government's requirement for more time to ponder. However, what China cannot understand is the 'suspicious approach' that comes from nowhere to Chinese investment in making the postponement."
The news agency said China could "wait for a rational British government to make responsible decisions, but can not tolerate any unwanted accusation against its sincere and benign willingness for win-win cooperation".
Carrie Gracie, the BBC's China editor, said the Chinese government "is on the horns of a dilemma".
"It is frustrated by the uncertainty over its future in the UK's nuclear energy industry and it is angered by suggestions that the reason for the delay may be the prime minister's reported concerns about the national security implications of a Chinese role in critical infrastructure," she said.
"But Beijing does not want to feed any such fears by overreacting. Its official statement on Hinkley Point delay was bland... but it masks a very real dismay in Beijing that the so called golden era it cultivated with the previous British government might now be at an end."

[topazfrenzy] 01/8/2016 12:30

Ignore the doommongers and follow the big boys, who have taken stakes here with much more to come, much much more.

Hold this one for dear life, multiples coming here imvho

[shutittrev] 01/8/2016 11:28

More utter cobblers and scaremongering by the resident pillock, squiresquire.......as if the Hinkley issue would be relevant. Mind you, my local Chinese takeaway charged me an extra 20p for my chicken chop suey, so perhaps I'm doing squiresquire a disservice. Just saying like.

[snowyflake] 31/7/2016 20:32

With HMG keen to expand trading links with countries outside the EU, I would expect May to avoid upsetting the Chinese where possible; but that is different to making sure that the HP deal is good for the UK - the Chinese would not expect otherwise and would expect their own leader to do likewise.

As for a knock on effect on DJI, Mercer makes it clear that in reality DJI is a Chinese company with staff involved in its projects in China in excess of 300 and with only a small force in the UK (7).

First steps first; release of the details of which institutions have invested in DJI in the recent placings.

[and11] 31/7/2016 19:16

It's a French company building a nuclear power plant in the UK to provide energy to the French & British!they will control the price... I'm sure with what happened with Britex, l would suspect the government may want greater control of Britain's destiny for energy supply & costs...the deal is on hold while l think they review there position... China is a part funder for the project... Which will happen just with revised terms l would expect.

With respect to DJI l see little or no connection to this & DJI's business in Chin & there plans going forward...

[someuwin] 31/7/2016 19:13

Valuation £12+ per share...

Imminent Nasdaq IPO Of China Smartphone App Play DJI Holdings

Paul Ensor

Long/short equity, special situations, growth, foreign companies

Summary

•DJI has established a firm foothold in China's smartphone app and e-payments businesses.

•Local partners in China include Xinhua News Agency, China's official news agency whose mobile app had a reported 120m users in February.

•Market cap of £172m (US$222m) compares to Nasdaq listed 500.com's US$715m, despite the latter's much narrower business focus. It is a small fraction of the $60bn value of Alibaba's Ant Financial.

•Nasdaq IPO planned for 3Q16. For a pre-IPO position, investors should consider buying the London listed shares.

...

Valuation

DJI is currently trading on a market capitalisation of £172m (US$222m). By comparison 500.com, listed on Nasdaq, trades on a market capitalization of US$715m with a much narrower (lottery service provider) business model.

Alipay, as part of Ant Finance, which is in the same space, has recently privately raised $3.5bn on a valuation of $60bn. Ant Finance is expected to list in Shanghai this year, a high profile event, probably in the range of US$80-$100bn. Ant Finance is then expected to list in Hong Kong next year. In this context, it is not difficult to envisage DJI as the only listed play in Chinese smartphone e-payments, being valued at a market capitalization of at least $2-3bn. This equates to a London share price of £8-£12 (vs its current share price of around £1). The forward growth story suggests valuations that will considerably larger.

[squiresquire] 31/7/2016 18:00

and

Could be, i hope so, but why would May want to get involved in the bargaining ime not sure how though we can do more trade with China if an agreed deal then gets dropped by the Prime minister after xi jinping and the British prime minister have agreed the deal publicly...surely the Chinese are going to see this as a slap in the face...and that wont be good for us, that is certain.

It will be interesting to see the share price here on Monday though as it will soon be apparent if the market feels British companies in China may be made to suffer after this bombshell.

[and11] 31/7/2016 17:26

I think it's more likely been put on hold as a bargaining tool!!! With France re- Britex.... I think you find the UK doing plenty more trade with China now we are free to talk directly to them....

[squiresquire] 31/7/2016 16:44

This thing with Teresa May and Hinckley is serious. The Tories have put the Hinckley Power Plant on hold, May was Home secretary and responsible for analysing risk when Hinckley was first put out to tender. She would know the risk associated in a strategic sense with China being involved with the IT side of the Power plant. Sunday Times are referring to the risks involved from the perspective of security.

The headline referred to 'China Surprise' at Hinckley's delay by this new government, Nick Timothy, a May advisor, just wrote this, ” MI5 believes that “the intelligence services of…China…;continue to work against UK interests at home and abroad.””;

After his xi jinpings visit we had:

China and Britain have signed multi-billion pound business deals, including for the project to build a nuclear power station in Britain, during day two of the Chinese president’s first state visit to the country.

If May now makes xi Jinping a fool then i think trade with China will truly suffer badly. This is almost certain to have effect on DJI, but what remains to be seen.