Dji Holdings Share Discussion Threads

[ayesha4] 29/7/2016 13:08

SnowyWere you there at the AGM?

[snowyflake] 29/7/2016 12:10

Squires - we are looking at September - possibly end of.

The Nasdaq listing has to be done right.

ayesha4 - I agree. DM made the point that DJI is now a data company. He has to be discrete. Who is he tied up with? Yes an agency of the Chinese government. Trust is important. I personally believe that there will be further deals to be announced but he would not say a word about what he and his colleagues are working on during the Q & A session - and quite rightly so. The company now through the JVs employs 300 people in China.

I await with earnest the names of those blue chips who have invested.

[ayesha4] 29/7/2016 11:27

Squiressquire Don't think Mercer said that it had been delayed past q3?Where did he say that ?Just that it won't happen in August. September is still q3. I understand they plan to list towards end q3 and a us sponsor will be announced in the next couple of weeks. I think you will find a couple of chunky deals announced before then.

[genises] 29/7/2016 11:25

Looks like a few stop losses got triggered.

further investment in growing DJI's technology platform, which has demonstrated its capacity to handle very large volumes of transactions securely and rapidly, while developing a very sizeable database. The often quoted phrase 'data is the new oil' has particular resonance in the large and technology-hungry Chinese market, reinforcing the opportunity for DJI's versatile capabilities. As potential partners in China continue to appreciate the value of big data and the ability to analyse it


An industry source said that the pilot programs needed to have breakthroughs in the sales system, distribution channels, terminals, products and user experiences.

Internet companies that have huge number of online users and advantages in big data technologies could be selected into the pilot programs, the source said.

[squiresquire] 29/7/2016 09:41

kkrrisss

I agreee Alibaba have their hands full but never ever underestimate Jack Ma, he is huge in Internet and mobile payments. When he bought the Château de Sours in Bordeaux, Chateau Guerry in Côtes de Bourg and Château Perenne in Blaye people thought he could never do it, that the French or US interests would outfox him. And he did start off with $12 a month salary before becoming 'self employed'.

[kkrriiss2] 29/7/2016 09:35

Squiresgate We have first mover advantage alibaba is to busy fighting of other competition like Cbuy procurement They cant have everything

[squiresquire] 29/7/2016 09:21

Snowflake

I agree with you totally but with this latest delay i cannot help worrying about DJI getting contracts because dont think local Chinese companies wont be looking at what DJI is doing, even Alibaba will be watching this chunk of the pie. In China, just as here, it isnt what you know but who....so delay to me means extra opportunity for others to muscle in.

[someuwin] 29/7/2016 09:14

Good post snowy.

[snowyflake] 29/7/2016 09:10

The first step imo for investors is to wait and see the names of the institutional investors of whom 3 to 4 have interests exceeding 3% of the issued capital of the company. They will be obliged to formally notify the company of their interests now that the resolutions have been passed and the shares can be admitted to the market (part have) the remainder I believe on 1st August.

Darren Mercer made it clear that the board had been advised that it would be pointless to launch the Nasdaq application for consideration by the USA market in the month of August. The application is almost complete. The board have a choice of two US bankers to sponsor the IPO. There will be an announcement of who they have chosen and who has accepted the role once that has been agreed.

As part of the process there will need to be some detail released about the company. In my view and that of others the reporting conditions of Nasdaq are more stringent than those of the London market; there is greater transparency.

The company will be marketed as a technology company and not as a gaming company; far more attractive to the USA market. The application and listing will mean that as shareholders we are not limited to the Casino market.

That is my take on the current position but as ever DYOR.

[squiresquire] 29/7/2016 08:01

It also says expected announcements now delayed, Nasdaq listing now delayed. Caution in China is clearly needed. I am a holder, but not too happy right now.

[genises] 29/7/2016 01:30

“Our game-changing partnership to provide our robust technology platform... to the Xinhua News Mobile App… has started strongly. These services have begun their launch and rollout through the app and are expected to commence revenue generation during August,” said CEO Darren Mercer in an AGM statement from the company.

“The Xinhua News mobile app is already one of the largest apps in China and continues to grow towards its target of 300 million users by the end of 2017. The scale and potential of this opportunity is extremely exciting and the board believes that the partnership’s expansion into complementary areas with significant revenue potential is inevitable.

The company also added that its plans for a further listing on NASDAQ are on course for later this year, with US financial advisers to be signed "in the coming weeks”.

[genises] 29/7/2016 01:28

Under the partnership, announced in April, DJI is working with Beijing NewNet, which has a partnership with Xinhuatong Network Co Ltd and branch offices of Xinhua News Agency, the national news agency of China.
DJI has invested and is currently cooperating with Beijing NewNet to supply a platform to enable payment of bills through the Xinhua News application.
"These services have begun their launch and rollout through the app and are expected to commence revenue generation during August," Chief Executive Darren Mercer said.
"The directors believe that this revenue will accelerate as both the number of services and the provinces in which they are launched come on stream," Mercer added, noting that the partnership is expected to make a "substantial contribution" to revenue in the fourth quarter of 2016.

[toyin] 28/7/2016 22:28

Reiterate previous three posts, very good read. It has risks as he points out but the potential rewards are phenomenal.

All the best

[markie225] 28/7/2016 20:42

Just read it and a good read it was too

[shutittrev] 28/7/2016 20:42

Agreed DAFAD. Well worth the £1.20 per week. Copyright forbids the reproduction of Mike's article, however I will sleep very well tonight. Good luck to all holders and goodbye to the derampers.

[dafad] 28/7/2016 20:38

Article just out on Mike Walters site,reports from todays meeting,well worth a
read

[snowyflake] 28/7/2016 19:16

ayesha4 - did you attend the GM/AGM?

[ayesha4] 28/7/2016 18:30

This is gonna fly soon.

[kkrriiss2] 28/7/2016 18:17

More late reported trades

[topazfrenzy] 28/7/2016 16:26

Chexit it is, out of Europe and into China for investors like us ;))

Or should I say Chentry!

[chickenrun1] 28/7/2016 15:44

Cone on baby, you can do it, China is the place to be!

[ayesha4] 28/7/2016 14:29

They reckon they will be listed by October. They have some pretty juices pieces of news to come before then. I expect 150-160p on next news and then £3 prior to Nasdaq listing.

[topazfrenzy] 28/7/2016 11:55

The derampers trying to get in under a £, in a year the'll be scrambling to get in for under £3, same old story ...

News that revenue generation from the news agency app will start from August is huge as far as I'm concerned, it's all go from here, hold on to your seats!

[shutittrev] 28/7/2016 11:22

Someuwin....fair point, but if you are a holder along with bwilder2, don't moan and stay, moan and go. Just saying like.