Dji Holdings Share Discussion Threads

[knobbly] 30/5/2016 11:24

kkrriiss2 took it from

It's on Mikes 'FREE' list so I can't imagine a problem with it being copied and pasted, but I do agree that credit is given.

hxxp://www.michaelwalters.com.... only £75 a year. Well worth it in my opinion.

[fafa48] 30/5/2016 10:49

Squires,

That is what I understand. The increased figure from 2 May (bottom) to 18 May (highest) as 100%. If share price reduces to the bottom of 2 May, then it is -100% retrace.

Of course some may choose 11 April. So there are different chart re-Fib.

BTW I don't care others view. Just my view. And I don't have time to argue re debate. Every one has opinion.

[randv] 30/5/2016 10:45

Michaelwalters.com

[squiresquire] 30/5/2016 10:44

quazie

Yes your correct, but a line has to be drawn from the start of the move up to the top of the move. I was only making the point that defining the start of the move is open to interpretation.... whereas the finish of the move from which to do your retrace is definitive.

Clearly the starting point makes a great deal of difference to the re-trace points.

[squiresquire] 30/5/2016 10:41

kkriss

Again and again we go through this lifting of peoples research, fine if its with consent, but then as redhill says, at the very least mention should be made of the original writer, frankly its unfair for a person to do all the research for others to pay for, and then get someone to splatter it up for free reading. Please remove it kkriss or at least give prominence to the writer after you get his or her consent to post it on a public forum. Dont forget you may be liable to copywrite. It may be you got the consent in which case i aoplogise.

[redhill9] 30/5/2016 10:12

kkrriiss2, perhaps it would be good manners for you to credit where you lifted that comment from.

[kkrriiss2] 30/5/2016 09:51

RecapMind-boggling - (DJI) 21/4/2016 (119264)Mind-boggling It hardly seems right to use, barely a grown-up expression, but 'mind-boggling' is utterly appropriate when it comes to addressing the latest deal from DJI Holdings (DJI), the stop-start Chinese lottery provider. It arises, of course, because this is business in China, and the numbers there can be truly difficult to grasp for Westerners. With one bound, DJI is being transformed from a re-born lottery business to potentially one of the biggest providers of 'apps' in the world. That is the power of China, make it big there, and it is pretty much bigger than anywhere else. The names and locations are unfamiliar and confusing for most of us, but the strategy and the numbers tell a terrific story. Put simply, DJI is being transformed from a company which relies heavily on the fast-growing Chinese online lottery business to the provider of a major State-supported online payment platform through which 700 million people could pay their utility bills. Think about it. A vast number of electricity, gas, water, mobile phone top-ups and traffic fines all being paid by hundreds of millions of people, with DJI taking a small percentage commission each time. Sounds good? You bet. Skip the detailed names. DJI is working, in effect, with Xinhua, the official news agency of the Chinese government, the channel through which the President recently said would be his main means of mobile communication with his people. Xinhua launched a mobile news app in June 2015 and had 120m registered users by February. The number is growing by 10m a month, and is expected to hit 300m during 2017 So far, seven provinces with a combined utility spend of more than £100bn in 2014 have agreed to launch this mobile payment facility through the Xinhua News App. Five more are targeted for launch in the months ahead. Xinhua operates in all 31 provinces of China, with complete nationwide coverage. The government has been bringing 4G services to the nation. Xinhua gives mobile access for state-run media, and is a platform for government administration and service information. It currently provides local and national news, and limited payment features. They will be expanded across local government and commercial services. The possibilities are enormous. DJI has worked with the companies concerned in the lottery business, mobile payments and online bookings and has established a reputation for a strong technology [platform. Mobile app usage in China is growing strongly. Smartphone users downloaded 38bn apps in 2015, and could hit 90bn in 2020. Daily usage is growing fast, along with mobile top up payments. In 2014, about £475bn was spent on utilities, with mobile phone top ups at £67bn and traffic fines £23bn. In 2014, about 90% of utility bills were paid through physical outlets, and online payments were largely confined to larger cities. In the twelve provinces targeted by Xinhua, the combined utility spend was £407bn in 2014, but gas, water and electricity payments collected less than 15% of payments online. The continued migration from country to town and to smartphone ownership and the expansion of the 4G mobile network where online access has been limited leave ample room for massive growth. The twelve provinces targeted by Xinhua cover three quarters of all existing utility payments in China, and the initial launch in Zhejiang and Shanghai provinces is planned for May this year, and should be generating revenue with weeks. Clearly the potential for adding all sorts of services and business facilities is enormous, and this latest deal leaves DJI's mobile and other online lottery opportunities way behind in profit promise. A tiny fraction of billions of payments quickly adds up to a substantial sum. Small wonder chief executive Darren Mercer suggests that the new partnership could make a substantial contribution to DJI's revenues in the remainder of 2016 and beyond. There is to be a new share issue at 60p to raise £10.5m gross to cover the costs of developing the new partnership and guaranteeing initial returns to partners. The fund-raising appears to have been well over-subscribed, and though there are no profit projections in the market, house broker Mirabaud could be releasing a report soon. Along the way the company is tidying up the expensive convertible loan notes and swapping £2.4m of outstanding interest for an extra £2.4m of notes on top of the current £6m. The interest rate is being cut from the high teens and upwards to 6%, with the conversion price set at the lower of 115p and the market price on December 31. That gives an interesting target price for the shares. The Xinhua deal is of such significance that it would have required documents seeking a Nasdaq listing to be re-written, so the intended listing has been delayed until early in the third quarter. While Mercer appears to have worked wonders as chief executive, shuttling back and forth to China non-stop, management appears thin. It is to be supplemented by a top-line UK finance director and more talent in China. After dipping initially to 61p, DJI shares closed unchanged on the day at 69p (68p to 70p). While the market capitalisation of £100m (not sure if that includes the new shares being issued) looks high for a company which has not been making money, the potential looks terrific. Many companies have tried to get into the rocketing Chinese market (never mind that growth is slowing - it is still phenomenal by Western standards), and many have stumbled. UK listings for Chinese shares have often proved totally shambolic. DJI has UK management married to strong local Chinese management, and appears to operate to proper standards. It has survived the impact of a government suspension of the main business which would have killed many companies, and has emerged stronger. Crucially, it has major Chinese partners. The Xinhua deal effectively emphasises that DJI is accepted at government level. It has a technology platform which reaches throughout China and across the Chinese business community. The numbers are staggering. Many major international companies would love to have DJI's presence in China, and as the Xinhua deal swings into operation, the significance of it will become increasingly apparent. UK investors have rightly been wary of companies in China, but experience will change that perception at DJI, and the Nasdaq listing is likely to attract attention of US investors ready to rate such a stock more highly. It will be fascinating to watch for the first research note from house broker Mirabaud. The potential number of customers is - well - mind-boggling. That could perhaps translate into quite startling profit projections, all being well. After first recommending DJI here at over 100p, I bought a few shares, and held them as they more than halved, and have recommended them as a speculation several times since. I bought more after this morning's announcement (before speaking to the company). A gamble? Of course. But this could yet be a real cracker. Ends

[quazie12] 29/5/2016 23:42

SquireSurely the point of a Fib chart is to measure the retrace from the recent high ?

[snowyflake] 29/5/2016 23:04

Squires - then please show your chart; or have I missed it?

PS I am a bull of this stock. However it is news led at present unless peeps understand that we are involved in a new dotcom and this stock could go a long way.

[squiresquire] 29/5/2016 17:23

FaFa

I do like your chart but i am not sure why you chose the day you did to start it?

When you refer to the 'deep re-trace' i cant help noticing the re-trace is only deep because of where you started you line from which to draw the FIBS.

An interesting perspective none the less, i prefer my own chart that shows a very different story. Next week either way will show what was the best place to start the line from.

[fafa48] 27/5/2016 21:03

MMs have to do retrace to get more trades. Today they placed the share price to Fib -50%. It is the deep retrace.

See chart below.


free stock charts from uk.advfn.com

[topazfrenzy] 27/5/2016 16:32

That was certainly a good opportunity to top up at those levels and good to see that the dip was bought strongly.

Have a great long weekend all and here's to a great month of June, and beyond!

[topazfrenzy] 27/5/2016 15:33

Well the lottery news, which could be imminent after the articles yesterday, should ignite it again and drive it closer to £1.50 one hopes

[redhill9] 27/5/2016 15:31

I too just bought some at 104.5p, 2k shares to bring my holding up to a nice round figure. Hopefully price fall is another example of what happened a week or so back which was very odd sudden fall for no apparent reason other than clearing out stop losses.

[topazfrenzy] 27/5/2016 15:27

What happened there?!!

Managed to grab some more at 104.50

Tree shake for sure on little volume.

Shame my timing was wrong earlier today!

[theclangers] 27/5/2016 15:21

Tree shake again

[theclangers] 27/5/2016 15:16

who shouted "BOOO"

[theclangers] 27/5/2016 15:12

Yes topaz, my take as well, the market cap could end up very big here, the price seems to move on small volume, a bit of good news and you just wont be able to get back in.

[topazfrenzy] 27/5/2016 13:56

Michael Walters' take on this could see it multibag many times over, I see a £1Billion plus valuation for DJI before too long and then a takeover soon after.

[theclangers] 27/5/2016 13:44

Good luck with that squire, might be a good move, I'm not temped, this seems less of a gamble to me, re the new listing and lottery readmission will happen. + I've had a very good run lately and want to take stock and think things out. If the oil price heads down again or news is already in the price you could end up on a spike. One slip up at PANR and the large Market Cap will tumble.
As MW is promoting DJI & PANR it would explain a few selling here and chasing the PANR rise. Things Don't always turn out as you expect, we could get good news here Tuesday morning and PANR might take longer than expected.

[zeberdie] 27/5/2016 12:07

And you say beware of rampers, ,,,, bell end.

[squiresquire] 27/5/2016 11:40

Just got out, PANR look set to got to the £3 levels so back to their with a few more

[topazfrenzy] 27/5/2016 11:33

theclangers, this one is not punt money but growth story investing, you should be very handsomely rewarded in a couple of years