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DJI Dji Holdings

134.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dji Holdings LSE:DJI London Ordinary Share GB00BNBNSF91 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 134.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 134.50 GBX

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Date Time Title Posts
23/4/202418:40CANDLES194
05/6/202020:06Dow Jones TA29
08/9/201714:52Derivative perspective-
13/10/201611:07DJI Holdings1,857
13/10/201610:25ALL HOT AIR37

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Posted at 13/11/2022 18:00 by sjc
Summary Transactions Profit/Loss Dividends Cash Book User Quotes News Chart
Holding Quantity Total Cost Avg.Price Price Basis Cur Value Profit/Loss % Daily Perf RN NRN
LSE:AFX Alpha Fx Group Plc 1000 £ 20,750.00 £ 20.7500 £ 19.8000 BID £ 19,800.00 £ -950.00 -4.58% £ 300.00 Sell All · Sell
LSE:BWNG Brown (n) Group Plc 25000 £ 10,750.00 £ 0.4300 £ 0.2200 BID £ 5,500.00 £ -5,250.00 -48.84% £ 0.00 Sell All · Sell
LSE:CNIC Centralnic Group Plc 15000 £ 21,750.00 £ 1.4500 £ 1.2900 BID £ 19,350.00 £ -2,400.00 -11.03% £ -225.00 Sell All · Sell
LSE:CTO Tclarke Plc 10000 £ 16,375.00 £ 1.6375 £ 1.2350 BID £ 12,350.00 £ -4,025.00 -24.58% £ 0.00 Sell All · Sell
LSE:EMIS Emis Group Plc 1000 £ 13,500.00 £ 13.5000 £ 18.8200 BID £ 18,820.00 £ 5,320.00 39.41% £ 100.00 11 Sell All · Sell
LSE:ERGO Ergomed Plc 2500 £ 36,750.00 £ 14.7000 £ 13.2000 BID £ 33,000.00 £ -3,750.00 -10.20% £ 1,150.00 Sell All · Sell
LSE:FUTR Future Plc 1000 £ 33,160.00 £ 33.1600 £ 15.7500 BID £ 15,750.00 £ -17,410.00 -52.50% £ 890.00 Sell All · Sell
LSE:KAPE Kape Technologies Plc 10000 £ 42,000.00 £ 4.2000 £ 2.3500 BID £ 23,500.00 £ -18,500.00 -44.05% £ 500.00 Sell All · Sell
LSE:KNOS Kainos Group Plc 1500 £ 30,330.00 £ 20.2200 £ 14.4900 BID £ 21,735.00 £ -8,595.00 -28.34% £ 960.00 Sell All · Sell
LSE:LUCE Luceco Plc 4500 £ 17,055.00 £ 3.7900 £ 0.9810 BID £ 4,414.50 £ -12,640.50 -74.12% £ 450.00 Sell All · Sell
LSE:MNZS Menzies(john) Plc 6000 £ 18,660.00 £ 3.1100 £ 6.0700 BID £ 36,420.00 £ 17,760.00 95.18% £ 0.00 Sell All · Sell
LSE:MPAC Mpac Group Plc 4000 £ 22,840.00 £ 5.7100 £ 2.3000 BID £ 9,200.00 £ -13,640.00 -59.72% £ 0.00 Sell All · Sell
LSE:OTB On The Beach Group Plc 6000 £ 18,660.00 £ 3.1100 £ 1.1780 BID £ 7,068.00 £ -11,592.00 -62.12% £ 636.00 Sell All · Sell
LSE:RCH Reach Plc 26069 £ 82,117.35 £ 3.1500 £ 1.1720 BID £ 30,552.87 £ -51,564.48 -62.79% £ 2,085.52 3 Sell All · Sell
LSE:SCT Softcat Plc 1000 £ 19,810.00 £ 19.8100 £ 12.9500 BID £ 12,950.00 £ -6,860.00 -34.63% £ 280.00 Sell All · Sell
LSE:SDI Sdi Group Plc 10000 £ 21,500.00 £ 2.1500 £ 1.6200 BID £ 16,200.00 £ -5,300.00 -24.65% £ 200.00 Sell All · Sell
LSE:SDRY Superdry Plc 8000 £ 23,120.00 £ 2.8900 £ 1.2000 BID £ 9,600.00 £ -13,520.00 -58.48% £ 848.00 Sell All · Sell
LSE:STAF Staffline Group Plc 25000 £ 16,875.00 £ 0.6750 £ 0.3850 BID £ 9,625.00 £ -7,250.00 -42.96% £ 0.00 1 Sell All · Sell
LSE:SUP Supreme Plc 7000 £ 13,195.00 £ 1.8850 £ 1.1000 BID £ 7,700.00 £ -5,495.00 -41.64% £ 140.00 Sell All · Sell
LSE:TRMR Tremor International Ltd 3000 £ 19,680.00 £ 6.5600 £ 3.7720 BID £ 11,316.00 £ -8,364.00 -42.50% £ 642.00 1 Sell All · Sell
LSE:UPGS Up Global Sourcing Holdings Plc 15000 £ 32,100.00 £ 2.1400 £ 1.4200 BID £ 21,300.00 £ -10,800.00 -33.64% £ 0.00 Sell All · Sell
LSE:VCP Victoria Plc 3000 £ 31,650.00 £ 10.5500 £ 5.6200 BID £ 16,860.00 £ -14,790.00 -46.73% £ 3,960.00 Sell All · Sell
LSE:VLX Volex Plc 10000 £ 47,100.00 £ 4.7100 £ 2.7900 BID £ 27,900.00 £ -19,200.00 -40.76% £ 1,300.00 Sell All · Sell
LSE:XLM Xlmedia Plc 60000 £ 31,500.00 £ 0.5250 £ 0.1650 BID £ 9,900.00 £ -21,600.00 -68.57% £ 0.00 Sell All · Sell
Total £ 641,227.35 £ 400,811.37 £ -240,415.98 -37.49% £ 14,216.52



SCSW NOV 21 NOV22 Performance
Posted at 11/10/2016 17:26 by ripplevale
To CD. Volume and L2 sell orders changed yesterday and today even more so. May well be pretty stagnant here unless someone new buys or sells prior to the next news. One of the difficulties with DJI is that there are only a few large shareholders (many of whom know each other from a network in and around Manchester / Cheshire) who can shift the share price quickly. DJI needs better liquidity which the NASDAQ listing will definitely bring.
Posted at 07/10/2016 13:45 by perfect choice
RNS as expected, welcome to BNN Technology:

RNS Number : 0224M

DJI Holdings PLC

07 October 2016

7 October 2016

DJI Holdings plc

Result of General Meeting and Name Change

DJI Holdings plc (AIM: DJI, "the Company", "DJI"), a Chinese technology, content and services company, announces that the resolution proposed at the general meeting of the Company held earlier today, as set out in the notice dated 22 September 2016, was duly approved by shareholders.

Accordingly, the Company is pleased to confirm that the change of its name to BNN Technology plc will become effective, and trading in the Company's shares on AIM under this name will commence, at 8:00 a.m. on 10 October 2016. From this time, the Company's new London Stock Exchange TIDM will be BNN and its ISIN will remain as GB00BNBNSF91.

In addition, the Company's new website address will be www.bnntechnology.com
Posted at 04/10/2016 10:48 by higherp
I had read with interest a lot of the comments on this site leading up to recent announcements and afterwards and have to say that a lot of what I have read is ill informed based on very poor analysis. The share price rise we saw recently was fuelled by speculation about imminent Nasdaq listing, new contracts and reinforcement of the board. None of these things have materialised the way we thought and hence the share price has slid. The Nasdaq listing will not take place until Q1 2017 as we have to wait for the name change and reclassification to take place on AIM which cannot be until December 2016, hence Nasdaq not until Q1 2017. The share price will likely slide slowly from its current position until there is positive news issued by DJI and specifically reinforcement of the board and appointment of agent to manage Nasdaq listing, also new contracts / deals would help.
Posted at 28/9/2016 19:44 by toyin
This was on Seeking Alpha

Sorry for the length of post but thought it may be of interest.

All the best


Summary

Meeting with management of DJI Holdings gives insights into its partnership with and shareholding in state-owned media giant Xinhua's mobile app developer, Xinhuatong.

Xinhua's mobile app aims to reach out to the new frontier of China's mobile internet - newly connected rural areas.

Nasdaq listing still firmly in company's sights, but unlikely until early 2017.

Announced name change to BNN is reflection of changes in Chinese business already underway rather than anything very new.

I last gave an update about DJI Holdings (Private:DJIH) (DJI.L on the London Stock Exchange) around a month ago. In the two weeks after my briefing the share price shot up over 60% on strong volumes. As impressively, it has stayed up. I believe this stock is going for another good run before the end of the year. Even from these newly elevated levels, it could also be a star performer through 2017. DJI is now trading on a market cap of £308m ($401m) and has recently often been turning over around $2m a day equivalent. From a largely retail stock a few months ago, the company now boasts an impressive blue chip share register, with the likes of Fidelity, Capital, Henderson and Deutsche Bank featuring as new major shareholders. Such investors have poured in around £50m ($65m) from new equity placements into the company in the last few months.

Yet DJI, which is in the business of mass-data processing in China, has a lousy track record and no revenue. So what's going on? A rather inscrutable set of announcements last Thursday (which had to include denying a leak) didn't help. Following this announcement I managed to meet, for the first time, the CEO Darren Mercer and the new CFO, Scott Kennedy to find out what is behind one of London's hottest stocks, and one that is to IPO on Nasdaq soon.

The company has hired Brunswick, the expensive global PR firm, to give it a corporate makeover. They haven't got off to a good start. They announced that DJI Holdings will change its name next month to BNN Technology to give it a more Chinese identity (go figure?), and formally announced a convoluted new corporate "Mission Statement" (does anyone ever read them?) that talked a lot about improving life for Chinese citizens, but forgot to mention making money for shareholders. Also in the announcement was an apparently minor deal to enmesh DJI with a Chinese company called Xinhuatong, and an application for a something called a National Payments Processing license in China. The shares fell about 10%.

What in this announcement really mattered? The seemingly innocuous deal with Xinhuatong. This is about to propel DJI into one of China's great new land grabs of the next decade, the vast new frontier of mobile internet in rural China.

China is going smartphone mad, and the lucrative payments business is so far dominated by two players AliPay (controlled by Alibaba's Jack Ma) and TenPay, part of a big Chinese internet group called TenCent. As with everything in China, the numbers are mind-boggling. AliPay already has 400m registered users. By comparison, PayPal, globally, only has 188m users. AliPay already has an 70% share of China's mobile payment market, which is estimated be a US$235bn annual industry.

Yet mobile network coverage in China is so far confined to very large cities. This is about to change. The Chinese government has made it a priority to shift economic development to its huge rural hinterlands, which have been left behind by the economic boom. Yet rural China contains half of its 1.4bn population. The new Five Year Plan, just released, has declared that the construction of the country's 4G network is to be rapidly accelerated. This is a massive project. So much so, that within four years it is intended that 85% of the entire population will have 4G coverage. All towns and administrative villages will be covered AND they will all have access to free government wifi. You can buy a smartphone for $30 in China. Think about it. This means that within about the next three years, a population larger than that of the United States, which has never even had fixed internet connectivity before, will potentially have a 4G smart phone in their hands. That is quite a frontier.

It's called the "Race for Rural" in China. And who is going win this hugely lucrative market for mobile payments, apps and all sorts of other mobile services? Well the Chinese Government has decided it wants to get in on the action. The government has tasked this job to the sprawling and giant state media company, Xinhua (OTCPK:XHUA) (pronounced "shin-wah"). Xinhua indirectly controls almost every television station and newspaper in China, and has offices in even the smallest of towns across rural China.

Yet in the new world of smartphones Xinhua has been left behind. The state media entity has now decided to join the mobile internet race especially as this is now part of government rural policy. It has launched a government Xinhua phone app, but the app is really more like a portal. Within this Xinhua portal will the whole gamut of mobile services (or "sub apps") that you would normally find spread across your phone home pages. You press the app, and that opens up a whole box of other Xinhua-branded apps, probably services such as insurance, on-line loans, personal credit ratings, bookings, etc, like a little Xinhua online department store. There will be other services, most obviously games, sports, news etc to attract and keep users. This new Xinhua app is rolling out fast. It already has over 150m users and targets to hit 300m users by the end of next year (about the same as Twitter or Sykpe globally). Thereafter it has the potential to be one of the biggest apps in the world.

So which hitherto unknown company is Xinhua using to create this bold move onto mobile internet? The answer is Xinhuatong, and DJI is the exclusive technology partner to Xinhuatong. It is already providing payment services, from which it takes a turn. As importantly, it gives DJI a seat at the table as Xinhua and Xinhuatong map out their mobile internet strategy.

Between now and Christmas there will be a series of other announcements relating to new services to drop into Xinhua's mobil internet department store. I don't know what these specially are, and haven't asked, although there has been some speculation around the market. DJI has around $60m which it is busy spending to set up a series of JVs in China, which will be announced one by one. There are also fairly obvious other areas for revenue generation such as data mining/sales and advertising. But we will have to wait and see what comes through.

It is important to understand the value of the Xinhua name in China. If, like me, you are over 40 years old, do you remember the first time you ever made a payment over the internet? It was a bit scary. You typed in your credit card details (which you assumed would probably get stolen), pressed "Enter" and wondered why anyone would bother sending you anything in return, now that they already had your money. It is an experience that is going to be repeated tens of millions of times across rural China in the next few years. For new rural internet users to feel safe with their payments, Xinhua, the official government news agency, is the most trusted brand there is (like the BBC, here in the UK). Unlike the two Chinese e-payments giants, it has 2,800 physical offices throughout China, so it quickly sign up e-payment deals with local utilities and the like. And processing all these transactions for a fee will be DJI. Further, the National Processing Payments license, referred to in Thursday's announcement, will allow DJI to take much fatter margins on each payment, as it can operate on the same terms as a credit card company.

DJI will not only be handling the back end, but will also be building front end mobile internet businesses, including content, for Xinhuatong as well. It ought to be the a relatively easy business; find the app ideas that have worked best in the West, source a strong local or international JV partner, put the Xinhua brand on it, and insert it into Xinhua smartphone portal. As investors understand this path forward, they are pouring into this stock in London with a market cap of just $420m. Compare that to AliPay, via its parent AntFinancial, which is expected to list in Shanghai soon for perhaps $150bn.

The new name BNN, I discovered, stands for Beijing New Net, which is DJI's operating company in China. The new name will be launched, along with a zippy new web site, next month. Expect the stock ticker to change from October 10, and will probably be "BNN". All this new re-branding work has pushed back the Nasdaq listing. The submission will go in after the name change next month, but there may also be delays as any subsequent new business announcements will then have to be incorporated into the prospectus. I am told the Nasdaq listing is now likely early in the new year. While this should help to re-rerate the stock, as fresh US investors will bring better understanding and higher multiples, the Aim listing has surprised me in the way it has carried the stock upwards and much bigger volumes.

So where is the share price going? The company believes it can achieve the revenue forecast of £85m for 2017, put out by the company's broker Mirabaud. and £27.8m profits, or EPS of 13.4p, which puts the stock on a distinctively un-racy prospective PER of 11.4x. This should certainly support the current share price on Aim given that this is a growth stock, and would point to a valuation of perhaps twice this on Nasdaq, say about £3 per share. The stock enjoys a buzz in London, and has also become a bit of trading stock. This is great for liquidity and provides buying support on any dips. We will have to wait for details of new business deals announced in the next few weeks and months. I am told Mirabeau will be putting out an updated set of forecasts. The company believes the national payments processing license should be granted in due course and boost payments margins substantially. Based on all this, a successful Nasdaq listing, and assuming the markets hold up generally, I would hazard at a share price of around £3.50 by the end of the 1Q17. I don't want to forecast beyond that, before we know more details of how this business is going to unfold.

To date, the CEO Darren Mercer, has done an astonishing job in turning around a moribund venture, and re-positioning it smack in the middle of China's internet sweet-spot. If he pulls this off, he will have succeeded where many of America's greatest tech companies have recently failed, by building a major Chinese app. Next spring will probably mark an end to the stage where the stock's pricing is all about big announcements, and the Nasdaq listing. Legacy shareholders will probably be taking profit as new US investors take up the running in the stock. In 2017 the story for DJI is going to be all about revenue and delivery. The company will need to ensure it books revenue as forecast, and lives up to the substantial general expectations it has built up for itself. The roll-out of 4G and free wifi to rural China is a massive story, and DJI Is the only way to play it in listed equities right now. However, the company will need some decent on-going brokerage research to knit together the various detailed announcements so investors can see the whole story.

The company is planning to beef up its board. New high-profile directors are important to the company at this stage, especially those prepared to get involved rather than just take a fee. The promised announcement of a strong US broker is also important. The company is starting to get a reputation for missing its own deadlines. I like the new CFO, Scott Kennedy, he is a clear thinker. He has a strong CV and is especially experienced in handling complex businesses. Among other things he was Global Head of Business Information, Planning and Analysis at HSBC (aged just 32). He also has good recent experience running a Nasdaq listing when he was FD of Willis Towers Watson (NASDAQ:WLTW), which has revenues over $8 billion. During my 3 hour meeting I saw good chemistry between him and Darren Mercer. That's going to be useful, because they have a lot of work ahead of them.

I hold the stock (DJI.L on the London Stock Exchange), and all price-sensitive information is based on announcements in the public domain.

Disclosure: I am/we are long DJIH.
Posted at 22/9/2016 09:12 by toyin
Just for the record

DJI Holdings - DJI

topazfrenzy - 05 Sep 2016 - 18:29:48 - 1230 of 1495

Of course, many of us early birds are delighted with DJI's performance so far, but if it gets to a £2 Billion plus valuation by 2019 then £10 plus share price is on the cards, so still very early going within the bigger picture. This is a strong hold in my book!
Posted at 22/9/2016 08:52 by dafad
2nd rns this am




ADVFN PLC 22/09/2016 08:49:45 support@advfn.com+44 (0) 207 0700
Today : Thursday 22 September 2016

Click Here for more Dji Holdings Charts.
TIDMDJI

RNS Number : 5318K

DJI Holdings PLC

22 September 2016

22 September 2016

DJI Holdings plc

("DJI" or the "Company")

STATEMENT RE MARKET SPECULATION

DJI Holdings plc notes the speculation regarding a number of possible future developments circulating on the internet. As the Company has set out in its announcement this morning, the Company is pursuing a number of opportunities for new contracts in China and is also intending to strengthen its board

. However, these matters remain at a formative stage, there can be no certainty that any of the commercial discussions currently under consideration will proceed (other than those announced earlier this morning) and at this stage the Board has not yet finalised a short-list of suitable of candidates it wishes to join the Company. In line with its obligations under the AIM Rules, the Company will notify the market if and when agreements are reached or appointments are made.

ENDS

For further information, please contact:


DJI Holdings plc +44 (0) 1565 872990
Darren Mercer, Chief Executive
Officer
Scott Kennedy, Chief Financial
Officer
Stephen Benzikie, Communications
Brunswick (Public Relations) DJI@brunswickgroup.com
Brian Buckley / Diana Vaughton

Strand Hanson Limited (Nominated +44 (0) 20 7409
& Financial Adviser) 3494
Andrew Emmott / Ritchie Balmer


+44 (0) 20 7878
Mirabaud Securities LLP (Broker) 3362
Peter Krens


This information is provided by RNS

The company news service from the London Stock Exchange

END
Posted at 22/9/2016 07:15 by dafad
New Group Name and Rebranding

The Board believes that the proposed name change to BNN Technology, and rebranding that will follow, reflects the Chinese heritage and identity of the Group, as well as the completion of its transformation from lottery specialist to broad-based technology platform provider, with capabilities in mobile payment facilitation, mobile content and data management. The name change has been timed to take place ahead of the Group's secondary listing on NASDAQ and it will promote a single identity to all of its stakeholders in China, the US, the UK and beyond.

A circular has been posted today to Shareholders to convene a general meeting to vote on and, if thought fit, approve the resolution proposing the change of name. The circular will be made available shortly on the Company's website and will provide the necessary information to Shareholders on how they can vote. The general meeting will take place at the offices of Eversheds LLP, One Wood Street, London, EC2V 7WS on 7 October 2016 at 1 p.m.

As part of our re-branding, we are launching a new mission statement which is below. We are also launching a new website which is due to be launched by mid-November.

New Mission Statement:

"Our mission is to enrich the lives of Chinese consumers, by utilising our technology to enable our partners to deliver first class value added services, content and new and evolving opportunities.

Alongside our partners we are committed to the betterment of Chinese citizens by delivering practical services, information and social participation programmes. We are at the centre of the Chinese consumer's shift to a cashless society accelerated by mobile adoption. At our core, we are a technology company that processes high volumes of transactions and delivers content. We have diversified our platform to process transactions and deliver content for partners ranging from public utility providers to banks, and online portals.

The Chinese consumer shift to 'life on mobile' is only just beginning. We aspire to enrich the lives of Chinese citizens and grow with China and our public and private sector partners by enabling more rural and urban communities across the country to access exclusive content and pay for more services online."



NewNet strategic investment in Xinhuatong and Repositioning

Beijing NewNet Science & Technology Development Co., Ltd ("NewNet") has agreed to acquire a 10% stake in Xinhuatong Network Co., Ltd. ("Xinhuatong"). Xinhuatong is a software development company and has the exclusive rights for payment processing and other key services on the Xinhua News mobile app. Mr Dong Jinhua, a director of the Company, is also founder and CEO of Xinhuatong. The key elements of the investment comprise:

· A RMB 20m cash payment by NewNet (approximately GBP 2.3 million)

· The transfer of NewNet's lottery assets, including technology, existing lottery JVs, lottery focused employees and unique content, into Xinhuacai. Xinhuacai is a joint venture between NewNet and Xinhuatong, in which NewNet has a 49% stake and DJI provides technology to the joint venture

· DJI will make available to NewNet, Xinhuacai and Xinhuatong its robust and secure technology platform and its sports content resources, including exclusive agreements with leading international football clubs

By making this investment and transfer of assets, NewNet, as the business partner and distributor of DJI in China, has significant potential for enhancing long-term shareholder value at DJI:

· Xinhuatong is in the process of applying for a national payment processing licence. If successful this gives Xinhuatong, and its partners, greater access to the rapidly growing mobile payments market in China worth USD235bn[1] in 2015, more than double the previous year's figure and expected to see significant growth over the coming years

· With DJI providing the technology platform to Xinhuatong through NewNet, it potentially gives the company a foothold in another sizeable part of the Chinese payments value chain

· If the licence application is successful, which would not be likely until 2017, as the technology platform provider it will increase DJI's share of wallet in a bigger and higher margin part of the payments market. It is expected that it would also multiply the commission received on any new future payment services

· In addition, Xinhuatong has strong commercial relationships in further consumer-facing service sectors attractive to DJI's technology, not least the retail insurance industry

Furthermore, it is hoped that NewNet's transfer of assets into Xinhuacai will enable the enlarged Xinhuacai to be better positioned in the lottery market as it awaits new regulation and seeks new opportunities. DJI, as the technology, sports content and game content provider to both NewNet and Xinhuacai, should therefore see greater long term prospects out of NewNet's investment.



NASDAQ Update

Our intention was to complete the NASDAQ listing by the end of this quarter, however due to the changes in the Groups business model in 2016 we have delayed making the application until the pivot to a technology company was complete.

Following a successful shareholder vote on the Group's proposed change of name, DJI will begin its application for the secondary listing on NASDAQ. Two successful submissions are required: one to the NASDAQ exchange and a second, "F-1" application, to the US Securities & Exchange Commission (SEC), with the latter being a detailed prospectus. The Board have the intention to complete the application as quickly as the process will allow, however we will provide ongoing updates as we progress.

Importantly, and consistent with the Group's repositioning, we will be seeking a new industry classification on AIM and in due course NASDAQ, which will place us among a high growth peer group of companies. Industry classifications are awarded according to a company's predominant source of revenue. Going forward for the Group, this will be the utilisation of its technology platform in payments, providing mobile content and data services.



Board

In compliance with US best practice in corporate governance, it is the Directors' intention to strengthen the Group's Board, increasing its number of experienced and commercial non-executive directors. Announcement on Board changes will be made in due course.



Appointment of Brunswick

DJI Holdings is delighted to announce our new corporate relations adviser Brunswick Group. Brunswick is a global firm with 23 offices worldwide and has extensive experience working in the technology and financial services sector, with multi-national clients in China, UK and the US.



Interim Results

DJI Holdings will announce its unaudited interim results for the six months ended 30 June 2016 on 30 September 2016.



ENDS
Posted at 22/9/2016 07:04 by dafad
2016

DJI Holdings plc



PROPOSED RE-BRANDING AND STRATEGIC INVESTMENT

Repositioning of the Group, reflecting its strategy to become one of the leading mobile technology providers in China

· DJI Holdings proposes name change to BNN Technology plc



· NewNet, which represents DJI's technology platform and marketing resources in China, has agreed to acquire a 10% stake in its joint venture partner Xinhuatong and transfers its lottery assets into the Xinhuacai joint venture



· Investment in Xinhuatong by NewNet offers DJI potential involvement in both the sizeable and lucrative payment processing industry in China, through its exclusive technology provider relationship, and other high growth sectors it operates in



· Rebrand and repositioning intended to reflect the Group's Chinese identity and cultural heritage and the Group's evolution into a technology provider in large high growth markets in China; timed to take place ahead of secondary listing on Nasdaq



· Nasdaq application to follow shortly after name change takes affect



· Intention for company industry classification to be re-classified with higher growth peer group on Nasdaq and AIM



DJI Holdings plc (AIM: DJI, "the Group", "DJI"), the Chinese technology, content and services provider, is pleased to announce a proposed rebranding and change of name to BNN Technology plc. The Group will seek shareholder consent for the change at a general meeting that will take place on 7 October 2016.

The proposed change in name reflects the broader changes this year in the Group, which has seen DJI Holdings diversify its model to become a dynamic technology platform provider that can facilitate mobile payments, deliver mobile content and provide data management to consumers throughout China, while preparing for a dual-listing on Nasdaq.

In addition, NewNet is making a cash and asset investment to acquire a 10% shareholding in its important trading partner Xinhuatong, the exclusive provider of mobile payments, information and other key services to the Xinhua News Mobile App owned by China's national news agency. NewNet will transfer its lottery assets into its Xinhuacai joint venture with Xinhuatong. DJI, as the technology platform provider to NewNet, is expected to benefit from enhanced revenues and profits as a result of NewNet's stronger partnership with Xinhuatong.



Darren Mercer, Chief Executive of DJI Holdings, said:

"Now is the right time to begin building a new brand, with the BNN Technology name, as we broaden from lottery specialist to payment fulfilment, content-delivery, data management and value-added services on mobile internet. We believe completing the pivot to a technology company will add substantial shareholder value as we enter high growth, multi-billion dollar markets in China.

"We are also tremendously excited about the opportunity to deepen our relationship with Xinhuatong through NewNet. NewNet's investment further secures a long term partnership in which we are one of the leading technology providers to the company, allowing us to benefit from its strong commercial relationships in major industries such as insurance and other key financial services markets.

"Xinhuatong has the exclusive rights to provide payment processing facilities within the Xinhua News Mobile App and is in the process of applying for a national payment processing licence. Upon a successful application, the benefits to our company will be significant, not only in allowing us to participate in one of China's largest industries, but also to substantially increase the net margin across our platform. I am therefore increasingly excited about both the future additional revenues and profits that our new relationship with Xinhuatong through NewNet will bring to the Group.

"The Board is hopeful that this repositioning of the Group will help us attain a new industry classification on AIM and in due course on NASDAQ which will reflect our future revenue streams and better positions the Company in a sector with similar high growth technology companies."



Mr Dong Jinhua, Founder and Chief Executive of Xinhuatong, said:

"We are delighted to be strengthening and deepening our very important relationship with NewNet, which has been very successful to date. We look forward to extending our partnership with all parties as we work together to capitalise on several exciting opportunities in some of China's fastest growing industries, supported by our plans to develop one of the country's largest data platforms."
Posted at 09/9/2016 09:01 by the prophet
topazfrenzy

you're having a laugh, if DJI are mentioned in the same breath as Alipay and Tencent then I'm very happy.

This was your post, what, 4 days ago:

DJI Holdings - DJI
topazfrenzy - 05 Sep 2016 - 18:29:48 - 1230 of 1298
Of course, many of us early birds are delighted with DJI's performance so far, but if it gets to a £2 Billion plus valuation by 2019 then £10 plus share price is on the cards, so still very early going within the bigger picture. This is a strong hold in my book!

And now, off the back of some 12 yr old news and a few bits of nothing from someone who, as far as I can see, has got no track record, you've changed your mind!

Personally I will stick with these guys views, some quality names here:



Darren Mercer 29,191,266 14.1
Fitel Nominees Limited 12,666,697 6.1
Henderson Global Investors 10,562,189 5.1
Fidelity International Ltd 10,051,505 4.9
Capital Research & Management 8,451,000 4.1
Hadron Capital LLP 8,420,000 4.1
Hargreaves Lansdown 5,901,126 2.9
HSBC Private Bank 4,725,759 2.3
North West Business Finance 4,644,850 2.2
Deutsche Bank 2,981,321 1.4
Dji Holdings share price data is direct from the London Stock Exchange

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