Dji Holdings Share Discussion Threads

[theclangers] 27/5/2016 10:18

Good find Thewhiteknighttrader, more confirmation that online lottery sales will resume. The nasdaq listing + lottery readmission are going to happen, both will push the share price higher (in my opinion) for sure. I've gone in heavy with this one, It's by far my biggest holding.

[topazfrenzy] 27/5/2016 09:57

hxxp://calvinayre.com/2016/05/26/business/china-to-reboot-online-lottery-sales/

[squiresquire] 27/5/2016 09:51

White Knight

Not for quite a while yet then, but still looking like June July possibly, excellent find

[thewhiteknighttrader] 27/5/2016 08:09

Some relevant news out of Beijing about the imminent lifting of the suspension of the online sale of lottery. This has been widely reported in China:Chinese Online Lottery Directive Raises Hopes26TH MAY 2016 | WRITTEN BY: MARTIN JOHN WILLIAMSBeijing has released a directive that suggests online lottery sales will resume soon, while cracking down on unauthorised operations in the interim, including an online workaround that drives customers to retail outlets.The directive to the nation's lottery bureaucracies clarifies the workaround, known as "online to offline" sales - in which customers are directed to traditional stores via online marketing and purchasing methods - as illegal.But the order signed by the Ministry of Finance and four other bodies also makes explicit reference to a regulatory framework for online operations in the making.Internet lottery sales will be permitted after the Ministry of Finance approves plans for "unified management" and "real-time monitoring" by lottery distribution officials with the Ministry of Civil Affairs and the General Administration of Sports, it said.The directive, dated April 28 but published on Tuesday, seemed to confirm officials' earlier comments that reactivating the online lottery segment was only a matter of time.Industry observers suggested the instruction for government agencies to "aggressively continue" with online sales work is a green light for the final phase leading to segment reactivation. In the meantime, the directive warned against unauthorised online sales and instructed the civil affairs and sports ministries to "step up" scrutiny of illegal operations that triggered anonline sales moratorium in April last year. "Since 2015, eight government bodies including the Ministry of Finance, the Ministry of Public Security and the State Administration for Industry and Commerce have united in an effort to tidy up and rectify unauthorised online sales of lottery tickets," the directive said."The work has seen incremental results and the lottery market environment has improved conspicuously," it said."However, despite the issuing of orders and restrictions to the contrary, there are individual places where unauthorised internet sales or covert sales of lottery tickets take place from time to time," it said.Such operations could see companies shut down and implicated individuals added to a blacklist whose data would be publicly available through a business credit record database.Those on the list would be restricted partly or entirely from engaging in lottery operations or forming partnerships with operators, it said.An in-house commentator for the Chinese-language Sina.com said on Tuesday that the directive strikes a heavy blow against flourishing "online to offline" (O2O) sales that filled part of the vacuum left by the moratorium."The latest directive is indicating that the large volume of illegal O2O lottery businesses in the current market is going to be 'rectified'," Zhang Zhe wrote.The internet lottery sales moratorium has hurt China's lottery market, with Sports Lottery sales suffering in particular, but revenue results for March released yesterday suggest the market is now bouncing back ahead of the reactivation of online sales.Total revenue for the month jumped 15.8 percent year-on-year to 35.69bn yuan ($5.44bn), with Welfare Lottery revenue up 7.2 percent to 19.11bn yuan and Sports Lottery surging 27.6 percent to 16.58bn yuan.The results represented the first month of year-on-year growth for both lottery modes since last May, and were a considerable improvement over the first two months of the year, which combined saw a 13.9 percent year-on-year fall in revenue. Sports betting sales continued their roller coaster ride after massive falls last year, roaring ahead of rival lottery products in growth terms with a 70.9 percent revenue leap to 5.9bn yuan, while the dominant lotto segment rose 11.9 percent to 22.69bn yuan after months of stagnation.Meanwhile, Chinese-facing lottery service provider 500.com last Friday completed a full year with zero revenue from online sales, although it did earn limited income from technical and data maintenance services.

[bergsy] 26/5/2016 16:00

That 250k sell yesterday eve now showing as a buy?

[theclangers] 25/5/2016 19:50

The chart looks good to me, you can almost draw a straight line from the 11th December low along the bottom of every retrace up until now, it resembles a staircase. If it were to carry on in the same vein would signal a buy where we are now.

[snowyflake] 25/5/2016 19:28

For every seller there is a buyer; for every buyer there is a seller. Quite a few are off market deals between the two which when dealt are reported.

The odd thing to me is that with the euro football championships starting on 6th June and with the Chinese mad keen about football (even the President visited Man City when he was in the UK), the suspension has not been lifted in whole or part by now.

[bergsy] 25/5/2016 19:08

It's the payment system for purchasing merchandise through alibaba, I can't comment if it does utilities need to do more research.

[the prophet] 25/5/2016 19:06

FaFa48
Not as far as I am aware.

[fafa48] 25/5/2016 19:04

The prophet,

Excuse me for the intriguing, did you post on REM sometimes ago? One poster's nickname is similar/same as yours.

[fafa48] 25/5/2016 18:58

After the market, a sell 250,000 at 119p WOW. Move money round.

[theclangers] 25/5/2016 18:39

bergsy, Sometimes it's better to buy a rival out than to compete with it, especially if the other tech is better. Do you know if there's is something like paypal, a general way to make a payment, or if its specific to utility/bill payments.

[bergsy] 25/5/2016 17:00

Alibaba has its own payment processing tech company, it's called alipay! Which by the way is valued at around $60 billion!!

[topazfrenzy] 25/5/2016 14:35

Alibaba is sure to be wanting this one in a year or two, name your price!

[theclangers] 25/5/2016 13:43

A lot of good news in the pipe line here, the nasdaq listing will be a positive for sure, with that announced it should alert American investor to DJI before it's listed, could see some shrewd speculators from the US buying in this market early/first. Then the resumption of online lottery sales, It’s Not a Matter of If It’s a Matter of ‘When’ the rumour mill is saying it could happen in June, It would make perfect sense to get it up and running ASP, a lot of government revenue could be raised from a regulated lottery. (The share price would go ballistic if we got a contract to launch an online lottery game) Then there is progression with the deals already in place. We must be a takeover target with our utility/bills/fines payment app, wonder what would happen if Alibaba looked at our app with envious eyes.

[the prophet] 25/5/2016 09:46

wouldn't it just!

[topazfrenzy] 25/5/2016 09:39

I added a few more yesterday theclangers, now on 12,500

It'd be nice if their value now went up to £50,000 plus from here :)

[theclangers] 24/5/2016 16:45

followed you lead topaz, bought a few more as well.

[zeberdie] 24/5/2016 14:45

Just read it all, the blokes a proper cracker. Right up my street.

[topazfrenzy] 24/5/2016 14:17

He sounds totally bonkers having read the article in full; he must have something for the Chinese to fall for him, as you know they are dreadful snobs and love anyone terrrribly English!!

[zeberdie] 24/5/2016 14:15

I bet he's fun at a party.