Dji Holdings Share Discussion Threads

[knobbly] 19/7/2016 07:52

"Owing to institutional demand"... So why at 95p and not a premium to current SP?

[bwilder2] 19/7/2016 07:44

How can you justify 40million in 2weeks? Unless you're on the board.

[zeberdie] 19/7/2016 07:40

Bwilder , not really . It's not as if they get the money as its dilution that strengthens the bank balance.
My only concern going forward is they aren't afraid to do this kind of thing and you will never know when the next one will land on the doorstep. That being said I see it could be a good thing to bolster the Nasdaq listening.

[gary1966] 19/7/2016 07:34

Let's see what they come out with in the next couple of months as that may make it a lot clearer as to why they have taken this additional dilution. BoD are sounding very bullish in this announcement and so just wait and see what has got them so excited. We have all been happy with their performance so far and I am sure we will be in the future.

GLA

[bwilder2] 19/7/2016 07:33

No need to go to Nas/D the Bod have just won the lottery.

[zeberdie] 19/7/2016 07:24

That's 40 million now. The market liked the last batch but was there any need for this ?

[bwilder2] 19/7/2016 07:19

Sometimes you just know when you've been taken for a mug. This is 1 of them and Bod just couldn't help themselves. Greed is very dangerous thing and so is taking the P#####SSS. Dji. Rip
.

[squiresquire] 19/7/2016 07:18

This company is really gong places..and soon.



Owing to institutional demand, the Board has decided to accept this additional funding of approximately GBP11.5 million from blue chip long term investors. DJI will not only benefit from a significant proportion of its shareholder base now being held by leading funds, but this capital will enable the Group to accelerate further its repositioning as an internet technology provider with a secure, versatile platform and rapidly expanding databases.

The Directors are now pleased to announce that the initial funds received from the placing announced on 1 July 2016 have allowed discussions with additional partners to progress significantly and the Board is confident of announcing, in the coming weeks, additional contracts with significant potential to enhance shareholder value.

"We are delighted to now have a number of the world's leading institutional investors as shareholders of the Group. Our discussions with potential partners are now well ahead of where we had envisaged only a few weeks ago. These very significant opportunities will further demonstrate to the market that DJI is now a substantial internet technology portal. We look forward to making further announcements in due course."

[snowyflake] 19/7/2016 07:17

It would appear that DJI are building a solid institutional shareholder base.

[pauljmjames] 15/7/2016 18:47

agreed re vetting and on that note listings can be pulled for a variety of reasons, but given the quarterly reporting requirements going forward one has to assume that they have had a directionally good 1st two quarters....punishment of the share price for non delivery can be just as quick as the rewards we are likely to see..

[snowyflake] 15/7/2016 17:09

In my view it would be good to look at 500.com on Nasdaq. Currently has an MV of $724 million or say £550 million. With 180 million shares issued that would value as an equivalent each DJI share at £3.05 or as you say paul $4 ps.

Caveat is that DJI's application to list still has to be vetted and accepted. All the information that one needs to know about DJI is in the public domain.

[pauljmjames] 15/7/2016 16:31

I think you need to look at listing rules..prob min of $2, but more likely $4 opening price ...dyor on this..

[topazfrenzy] 15/7/2016 11:59

Looking quite clear straight to 150p on level 2, with plenty of support now. I suspect dips will be bought into furiously as we head towards Nasdaq listing.

A listing at 180p could be on the cards imo

GLA

[squiresquire] 14/7/2016 16:00

Splendid day and tomorrow too until news anytime now.

[genises] 14/7/2016 11:38

Nice to sit back and wait.

DJI expects to substantially re-rate on Nasdaq given that the US market has a much better understanding of smartphone technology, mass transaction payment platforms, has a better understanding of China, and DJI's attractiveness relative to peer company valuations.

China has a policy of rapidly migrating its population to mobile internet. Smartphone devices in China cost around just US$30 for a unit which have around 80% of the functionality of an iPhone. The market for mobile payments is so far dominated by Alibaba's AliPay. The Chinese Government is keen to compete for these mobile payments services and has appointed DJI as an exclusive partner for the giant state media company, Xinhua, and its official government payments app.

In addition, DJI has signed a series of other mass-payment joint ventures with various provincial governments as well as numerous joint ventures handling official state lotteries. It has thus created the only broad-based exposure to Chinese mobile internet currently listed in public markets. It is the only listed exposure to Chinese Government-related ambitions in the sector. In particular, the relationship with the all-powerful Xinhua is a key asset.

[someuwin] 14/7/2016 11:35

Good to see the share price rising and the board getting quieter.

[bergsy] 14/7/2016 11:25

Need to push through the 120 mark , hopefully by end of play

[kkrriiss2] 14/7/2016 10:28

Added to my holding today happy to add more when funds are available .kk

[squiresquire] 13/7/2016 08:20

Numbers are staggering.

[gswredland] 12/7/2016 17:25

Thanks guys. Already a holder but looking for more!