Dji Holdings Share Discussion Threads

[sjc] 02/11/2015 13:16

lpa
free stock charts from uk.advfn.com

[sjc] 27/10/2015 16:56

a href='http://uk.advfn.com' title='Free stock charts & share prices from uk.advfn.com'>
free stock charts from uk.advfn.com

[sjc] 27/10/2015 07:40

free stock charts from uk.advfn.com

[sjc] 24/10/2015 16:18

free stock charts from uk.advfn.com

[sjc] 24/10/2015 16:18

free stock charts from uk.advfn.com

[sjc] 24/10/2015 16:10

free stock charts from uk.advfn.com

[ripplevale] 21/10/2015 19:15

The choice of Etihad for the PMs meeting with the Chinese premier is intriguing as mentioned by a previous poster given their tie-up with Man City.

We shouldn't forget that Bancroft (Tory Peer) is chairman and even George Osborne tweeted best wishes to DJI on their launch (being part of the Cheshire set that DJI hails from).

Does anyone know the guest list? If anyone from DJI is attending, then the deal is done.

I have a shareholding and am now building modestly

[monts12] 21/10/2015 14:48

Michael Walter's article (with permission)

Building a Parallel Business - (DJI)
29/9/2015 (119264)

Building a Parallel Business

Slammed by the Chinese government decision to suspend temporarily the sale of online lottery products from March 1, DJI Holdings (DJI) has been busily creating a parallel business, building on the strength of the group's online technology. And that business looks set to grow fast, and perhaps even to start making money around the turn of the year.

There is still no date for the resumption of online lottery gaming, and that casts a great black cloud over the company, where periodic surges of hope that the ban will soon be lifted have so far come to naught. The government and the Chinese provinces need the lottery revenue, however, and it will return. When it does, the rewards should be all the greater for those, like DJI, who operate approved systems. Illegal lotteries have generated revenues far in excess of the legal variety, and the new system will push all of the illegal play towards approved companies, boosting their prospects massively.

The online suspension, and the impact of holidays early in the year, meant DJI's net revenues for the six months to June 30 were down from £3.4m to £2.1m, and there was a net loss of £3.4m, against £2.3m. The real setback was much greater than the bare figures suggest since growth was rocketing in the second half of 2014, and expectations for the first half of this year were very much higher.

Chief executive Darren Mercer has been busy in China, however, through the year, improving prospects for the online lottery when it returns, and building up other partnerships. The most notable was announced recently, and brought a joint venture with Heilongjiang province to operate an online booking platform for sports facilities and equipment hire through the province in partnership with three of China's largest websites.

Heilongjiang is the most popular winter sports destination in China, with 290m visits in 2014, and the new venture will cover not just booking winter sports, but booking all sports facilities and hiring guides and coaches, equipment and such. It will also involve distributing physical lottery products like scratch cards.

The contract begins in November, and is likely to generate substantial revenues quickly, making a 'significant' contribution to group revenues through 2016. DJI is already talking about similar deals with a number of other provinces in China, and there could be more news soon. There could also be news of the introduction of new lottery games which are doing well in testing and do not require the resumption of online trading. The group hopes these will be approved soon and could help contribute strongly to revenues in 2016.

Clearly the online suspension is a continuing disappointment, but DJI appears to have spotted a great opportunity to leverage its online technology into a powerful presence for reaching Chinese consumers on a variety of fronts. If this can be expanded with further partnerships - rumoured to be on the way - DJI could emerge as a very attractive way into the Chinese market for all sorts of Western companies.

It appears that Mercer has been visiting the USA recently. That would be no surprise, given that Heilongjiang has said it is interested in an American listing for the joint venture. This, presumably, would target the junior Nasdaq market, and there are rumours of early progress. It would attract further attention to DJI and the avenue it offers for access to the Chinese consumer market. DJI has already demonstrated links with powerful players in China.

Currently the outlook is uncertain, and while the deals already announced appear promising, have yet to demonstrate their real potential. DJI appears to be building a valuable base in China, but depends heavily still on the resumption of online lottery sales. Should there be news of that, the shares could soar. There is cash enough after the recent £5.6m fund raising. As before, if you have these, hold tight. If you want to gamble with money you can afford to lose, the chances of a high return from the current price of 49p looks intriguing.

I have a holding in DJI.

Ends

[cliveas] 21/10/2015 08:24

Time for share price to recover!

DJI targets secondary listing on NASDAQ exchange


DJI Holdings plc (AIM: DJI, "the Group", "DJI"), a licensed promoter and distributor of Chinese sports and welfare lottery products to third party retailers and direct to consumers, is pleased to announce its decision to obtain a secondary listing of its shares on the NASDAQ Exchange in the United States.

The Board of DJI believes that a NASDAQ listing, and the enhanced market liquidity that it would bring, will assist the Group in developing a stronger institutional shareholder base. This is a benefit already enjoyed by DJI's sector peers on major international exchanges and one that the Board expects to be of great value to the Group.

A formal evaluation process for a secondary listing was announced and commenced by DJI in December 2014, with investor discussions held in both Hong Kong and the US. Encouraged by the Group's successful diversification outside lottery sales, exploiting the strengths of its technology platform to generate significant complementary revenues, supported by deep and long-standing relationships in China with Government agencies and key channel partners, the Board believes that the NASDAQ exchange is best suited to recognise the positioning of the business in the technology sector and afford DJI an appropriate market valuation.

The timing of this decision is, DJI believes, reinforced by the Chinese State Council's Public Announcement of 14 October regarding faster approval and administrative processes for operators, while allowing provincial lottery centres more flexibility in increasing pay-outs for their own games. This is the first major policy change for China's lottery industry since online sales were suspended in March and DJI views it as significant progress towards the announcement of new regulation and the recommencement of sales. The Group therefore believes it is appropriate to conclude the secondary listing process in readiness for the new regulatory landscape.

It is hoped that since DJI expects to join NASDAQ as a Foreign Private Issuer, it should be possible to complete the secondary listing process during Q1 2016. Advisers have commenced work and the Board will keep shareholders fully appraised of progress.

Commenting on this development, Chief Executive Darren Mercer said:

"The Board outlined at the end of 2014 that it wished to seek a secondary listing on a more liquid exchange and we believe that this process would have already been concluded had it not been for the temporary suspension of the sale of online lottery products in China. Now, with the first steps towards regulatory change already taken, DJI is progressing a secondary listing in order to focus fully in 2016 on the opportunities that we expect the new lottery landscape to present.

While lottery sales continue to be a key part of the Group, the recent exciting developments in our business underline the diverse application of our technology across numerous sectors. Our new Joint Venture with the Heilongjiang Sports Bureau is already being promoted through three of China's largest websites, while discussions are taking place with a number of other provinces in connection with the use of our strong online and mobile platform to undertake other non-lottery business streams. With this in mind, the Board believes that NASDAQ, as the world's leading stock exchange for technology companies, is the most appropriate through which to recognise the true value of DJI."

[littlealbatross] 21/10/2015 07:47

DJI targets secondary listing on NASDAQ.

[littlealbatross] 20/10/2015 10:22

toyin.......is there any chance that you could add some graphs at the top of the page please?

[cliveas] 17/10/2015 14:56

Now it may be a coincidence but on 14 Oct this announcement is made :

State Council's Public Announcement of 14 October outlining its commitment to reducing the time required for the approval and administration of lottery sales and pay-outs by cancelling 62 central authorisation requirements and devolving responsibility to Provincial finance departments.

Significantly, the ability of provincial lottery centres to increase pay-outs on their own games will, DJI believes, allow greater innovation in game development and drive greater demand from players.

Then we here the president is dining with the PM at Man City rather than Man Utd as you would expect on the 23rd and the China press link this to DJI themselves!

In Jan DJI announced :

Barclays Premier League Champions, Manchester City FC, have announced a ground-breaking new partnership with DJI Holdings plc (DJI), one of the leading providers of regulated lottery products in China.

The partnership, which enables DJI to leverage a range of Club-related rights in China, will offer DJI's lottery players a quality of content previously unseen, with access to exclusive information about Manchester City FC.

By supplying tailored content and bringing lottery players one step closer to life at the Club, DJI's rapidly expanding customer base will be able to make informed decisions when playing the Sports Lottery in China.

In addition, lottery players will, for the first time, be able to take advantage of 'money can't buy' offers, including flights to see Manchester City play and access to private Club events.

The partnership will give the Club access to a huge customer base in China, and an opportunity further to grow its strong following and commercial footprint across the region.

Now surely he would avoid Man City completely if he wasn't going to lift the ban that effectively nullifies the above agreement wouldn't he?

Or would he go for a PR coup and announce a lifting of the ban at or before said visit?

I hope I am not putting 2+2 together and making 5 but it does seem the logical turn of events here!

Obviously only my thinking out loud.

GL & ATB

[cliveas] 16/10/2015 15:45

Good News :

Update on lottery regulation in China



Further to the announcement from DJI Holdings plc (AIM:DJI, "the Company", "DJI") dated 10 March 2015 regarding the Chinese government's Notice on "Issues Related to Self-Inspection and Self-Remedy of Unauthorised Online Lottery Sales", the Company welcomes the State Council's Public Announcement of 14 October outlining its commitment to reducing the time required for the approval and administration of lottery sales and pay-outs by cancelling 62 central authorisation requirements and devolving responsibility to Provincial finance departments.

Significantly, the ability of provincial lottery centres to increase pay-outs on their own games will, DJI believes, allow greater innovation in game development and drive greater demand from players.

Although the temporary suspension of online lottery sales that followed March's government Notice has not yet been lifted, DJI regards the latest Public Announcement as an important step in the process towards better regulation and the elimination of a large number of unauthorised operators undermining the integrity of the market.

The Board of DJI believes that the Company will benefit significantly from the positive long-term effects of robust regulation on the industry and that, together with other previously authorised operators, it will be well positioned in the new regime. The Company continues to engage actively with all relevant authorities and will provide a further update when additional information is available.

In the absence of a firm timeline as to when online sales will resume, the Company continues successfully to diversify its activities outside lottery sales, seeking to exploit the strengths of its technology platform to generate significant complementary revenues, as supported by its deep and long-standing relationships in China with Government agencies and key channel partners.

Commenting on the development, CEO Darren Mercer said:

"We are pleased to see the first major policy change for China's lottery industry since online sales were suspended in March and we view this as significant progress towards the announcement of new regulation and the recommencement of sales. It is clear that the internet is recognised as an important channel for the lottery. Reducing the length of approval and administrative processes for operators, while allowing provincial lottery centres more flexibility in determining their own lottery sales and pay-out structures, is a great step forward. Though we are optimistic that this is a sign that tangible steps are being taken towards the resumption of trading, we continue to develop new channels as evidenced by our recently approved trial of Sports Lottery sales via mobile phones in Qingdao City, Shandong Province and our previously announced JV with Heilongjiang Sports Authority, which included applications for new games. Ultimately, we believe that DJI is well positioned to become a leading player in the new landscape."

[sjc] 06/10/2015 12:35

free stock charts from uk.advfn.com

[thewhiteknighttrader] 02/10/2015 16:58

The market seems to have missed the importance and magnitude of today's announcement. DJI has become the first and only company in China to be authorised to sell lottery over mobile telephone since the suspension of the online lottery.The revenues from this business have started this week and initially covers the city area of Qingdao (9m population) and should soon be expanded throughout the province of Shandong (90m population). The mobile platform and app includes the big lottery draw games as well as football betting and sports betting, and also the first digital scratch card product that I am aware of in China.The trade from this activity should be very big indeed, but also the validation the contract gives to DJI's position in the market is priceless.All this on a Company that has a market cap of just £60m, and you've got the new non-lottery business that has started to take off as well (see the announcement from 11 Sep).It should only be a matter of time before the market realises the value that this company is sat on.

[thewhiteknighttrader] 29/9/2015 13:11

The results and trading update announcement today is very interesting.

The profit margins in the business had increased significantly up until the time that the suspension of the online lottery sales started to tax effect. In January 2015, the company was tracking gross income of £1bn and a net profit of more than £20m. This bodes well for when the temporary suspension is lifted, in particular as the amount of competition in the market will have been dramatically reduced and DJI's offering should also have been strengthened (according to comments in the CEO statement).

When you overlay the above with the new JV the company announced on 11th, which includes a significant amount of non-lottery business, as well as off-line lottery business, the prospects look very exciting. According to the recent announcements the new JV starts trading on 1 November 2015.

I already held stock before today and have confidently added more to my holding in the past few hours. I am thinking of making another purchase later in the week as well.

[sjc] 22/9/2015 16:17

Failed
free stock charts from uk.advfn.com

[thewhiteknighttrader] 21/9/2015 06:51

I already hold stock in DJI and think now is a good time to buy more at a heavily discounted price.

Before the suspension of the online lottery, DJI was growing rapidly and achieved £0.5b of gross revenue in 2HY 2014, and broke into profit. The Company, its brokers, its competitors and the Chinese Government are all talking about the lifting of the suspension in the context of when, rather than if, and it should only be a matter of a short time now.

DJI is reporting that it has been working on strengthening its position in the market whilst the suspension has been in place, which should presumably mean its growth will further accelerate following the release.

In the meantime, DJI has just entered into a JV with the Sports Bureau in Heilongjiang, which not only covers the Sports Lottery operations in the province (where gross revenues were £700m, up from £430m in 2013), but also includes an exclusive licence to operate an online booking platform for sports facilities and to book sports equipment hire, which should be particularly valuable as Heilongjiang is the biggest winter sports destination in China (290m visitors/tourists per annum). The company's broker estimates this non-lottery element of the market to be worth £1bn per annum and the JV's commissions could be £50m.

On top of all of this, the company announced earlier this year that it intended to proceed with a secondary listing in New York, and it has this month said it also intends to list the JV in New York as well.

All of the above is against a market cap of just £60m and a price that is 25% of its pre-suspension high.

I appreciate there is risk involved with this stock, but the company is clearly working with the Chinese Government and on the same side, not against it. It also seems to have the support of the UK Government, with a message of support from George Osborne on the IPO last year, which should help to further strengthen Government relations in China.

[littlealbatross] 11/9/2015 08:04

DJI announce JV,Placing at 35p and Board Changes.

[sjc] 09/9/2015 14:39

free stock charts from uk.advfn.com

[sjc] 09/9/2015 12:32

free stock charts from uk.advfn.com

[littlealbatross] 07/9/2015 15:41

Ling chi ?

[sjc] 04/9/2015 16:15

FGP failed
free stock charts from uk.advfn.com


free stock charts from uk.advfn.com