Dji Holdings Share Discussion Threads

[gary1966] 09/8/2016 09:54

Squiresquire,

Want to post the whole article rather than cutting it conveniently short?

This is the rest.

'Keep door open'
In his opinion piece for the the FT, China's ambassador outlined what he believed were the benefits of a new nuclear power station in the UK and the strength of his country's expertise in the sector.
In his conclusion, Mr Liu hailed the trading partnership between the UK and China, but added: "If Britain's openness is a condition for bilateral co-operation, then mutual trust is the very foundation on which this is built.
"Right now, the China-UK relationship is at a crucial historical juncture. Mutual trust should be treasured even more. I hope the UK will keep its door open to China and that the British government will continue to support Hinkley Point — and come to a decision as soon as possible so that the project can proceed smoothly."

[snowyflake] 09/8/2016 08:18

I also know that the GB ladies did not win the Rugby Bronze medal.

[squiresquire] 09/8/2016 07:43

This is why caution is advisable, a serious spat with the Chinese could do serious harm here.

BBC Today

Failing to go ahead with the Hinkley Point nuclear project could threaten China's relationship with Britain, its ambassador to the UK has warned.
Writing in the Financial Times, Liu Xiaoming said the delay to approving the plant had brought the two countries to a "crucial historical juncture".
He hinted that "mutual trust" could be in jeopardy if the UK Government decided not to approve the deal.
China is expected to fund about a third of the £18bn project.
Last month, the French company EDF, which is financing most of Hinkley Point C in Somerset, decided to go ahead with the project. But in a surprise move the UK government said it wanted until early autumn to review the scheme.
There have been reports that Prime Minister Theresa May's concerns about Chinese involvement in a UK nuclear power station were the primary reason for postponing the deal.
Former Business Secretary Sir Vince Cable said that when he was in the Cabinet with the then home secretary, Mrs May had been unhappy with what she regarded as the Cameron government's "gung-ho" approach to doing deals with Beijing.
Nick Timothy, Mrs May's chief of staff and a longtime adviser, has also previously expressed concerns about the Hinkley deal.
Writing on the Conservativehome website, he said MI5 believed that Chinese intelligence services "continue to work against UK interests at home and abroad".

[squiresquire] 08/8/2016 14:17

Topaz

In China nobody ' knows whats coming' as you put it. It is a very new market, different psychology in business, totally different legislative conditions, different dynamics in business due to governmental controls that are different to our own.

Your belief the ability to raise funds is the same as creating a company to match the high expectations of the current share price is in my opinion naive. I do think the company is good but i treat all companies that operate in highly sophisticated areas such as China with a more challenging demand due to the surprise that can be visited on them by their governments.

For example the way the Chinese suddenly stopped the National Lottery. i think they did the right thing, but certainly DJI never saw it coming and look at the damage that did.

Caution i suspect is the ultimate winner here.

[topazfrenzy] 08/8/2016 13:53

Well Squire, you're obviously desperate to get in at the 'bottom' wherever that is, timing is a cruel mistress as you should know!

To me the recent fundraising from funds is what keeps me in and keeps me adding when money becomes available, they know what's coming, I'm not so sure you really do yet!
It's PIs selling tiddly holdings day to day here so not concerned, would rather be in than wake up to a 30% rise without having a few of these in the bag already.

GLA

[ayesha4] 08/8/2016 13:44

Just wait and see. I have never been more postive about a company after my chat with Mercer. August will be a good month though the listing will not come til the following month.

[and11] 08/8/2016 13:37

Squiresquires! There will be news soon enough & im sure you will then buy back in, & your negative tones will change! Surprise suprise... Just hope you don't miss the boat!! Amusing you are.....

[squiresquire] 08/8/2016 13:34

Snowy

I agree with all youve said, my only reserve is that the recent rise of DJI share price has included an awful lot of hot air. By this i dont mean they have no potential they do, but DOT COM boom showed just how overvalued companies can become when viewed in the cold light of day.

The news you have said is surely due but has been flagged for months, the share price is aware of the Nasdaq proposed listing as it is of the entities onvolved, sure them being named will be another step forward, but as i just said i feel its built in. Time will tell, but good luck to all who are in or as myself currently out of this share.

[snowyflake] 08/8/2016 13:29

There are reasons to agree with you but your caution (not improperly put) needs to be balanced against two potential pieces of news which imo are:-

1. The announcement of a US bank or finance house who will act on behalf in connection with the company's plan to list on Nasdaq.

2. Any announcement by the ceo of other deals which he has completed in China through the jvs.

Either could change the price. According to The Sunday Times the Chinese are looking to acquire the Intercontinental group of hotels and whilst I am conscious of the article in the Guardian last week that western companies have struggled to make an impact in China, the locals companies appearing to be given favourable treatment, I see DJI as a different being in that it relies on the local market.

In short one could argue the share price both ways.

[squiresquire] 08/8/2016 13:17

Its still a couple of months away from meaningful news, too early to be buying in yet in my opinion.
Give it 4 or 5 weeks with no news and see where the share price is then, this share is terribly highly geared to falls as well as rises...and the falls now look more likely.

I know the Rose Tints will hate this post but they always do hate anything that does not fall in line with....' Irrational Exuberance '

[gary1966] 08/8/2016 10:57

I would say that these have bottomed now and could see a steady rise back to 120p. Picked up some more this morning as funds permitted.

GLA

[topazfrenzy] 07/8/2016 12:44

I am adding as funds become available, this could well be the big big winner of the index in the next 12 to 24 months, even x5 share price by 2018 :)

[dlm2602] 07/8/2016 12:35

I bought more on Friday too. I think the shares will drift around until news of more contract wins, specific Nasdaq listing details or update on revenues from new business are announced. This may take a fews weeks yet but when it does occur I think the shares will gap up and I don't want to miss it. I think / hope this investment will be a stellar performer on a 2+ year view.

[and11] 07/8/2016 11:28

Agreed! But l think they will wait until towards the end of the month,, after the holiday season is finished... To max out share price benefits...

[chickenrun1] 07/8/2016 09:45

I increased my holding slightly on Friday. I just feel there may be news soon now that the placing is out of the way.

[ayesha4] 05/8/2016 14:06

The most exciting share I hold apart from Asiamet.

[kkrriiss2] 05/8/2016 11:00

This must turn blue soon all those buys

[kkrriiss2] 05/8/2016 10:08

Yes looks like all buys 1 sell .kk

[theclangers] 05/8/2016 10:06

Good volume this morning, looks like mostly buys.

[theclangers] 04/8/2016 18:01

Two chunky buys now showing 70,000 & 74,510 at 102 Can only see this share heading up in anticipation of US listing from now, plus new deals have been strongly hinted at.
£2.50 could well be on the cards by year end if progress stays on track.

[and11] 04/8/2016 17:20

Far comments, Although Mirabauds research report does say the target price could be multiples of £1.75 when listed on the Nasdaz, which is expected soon....

[snowyflake] 04/8/2016 17:12

The Prophet

Yes delivery

The note reads well but

1. declarations required as to the 3/4 institutional investors as stated at the GM/AGM

2. Soon or as soon as release of confirmation of the further deal or deals

3. Appointment and announcement thereof of the US sponsor

4. Application for Nasdaq listing

5. ASAP dealing with any queries raised by Nasdaq from the application

Yes delivery required. It must however not be forgotten that DM has done very very well in a short period of time. Long may it continue and shareholders large and small will be happy.

[the prophet] 04/8/2016 17:01

TWKTAgree, another good report from MW. Although it is also fair to say that MW is not predicting a price of £3.50 in next few months, least that is my reading.Mirabaud have a target share price of £1.75 on the stock based on a p/e of 13 on their 2017 forecasts. E commerce chinese tech stocks apparently have a typical p/e of 30, so on say a p/e of 26 would give the £3.50.There are no time scales given to these predictions. Certainly the nasdaq listing should help any re-rating, as will operational progress.But the company does not yet make a profit, so I think we have to be careful not to get ahead of ourselves! Perhaps the us market p/e of 30 is a historic p/e, in which case DJI would need to deliver on 2017 figures first before it could be awarded such a multiple?I'm keen on the stock, but let's be clear, MW ain't saying £3.50 in a few months. DJI has a lot of potential, but we need to see delivery.

[thewhiteknighttrader] 04/8/2016 16:10

Today's write up from Mike Walters is a good one; forecasting a price of £3.50 within the next few months and also pointing out the large investment funds that invested £40m recently spent a considerable amount of time and fees on DD, and they were clearly happy with what they saw.I can handle a move from £1.00 to £3.50 within a couple of months! Obviously it will be much higher by the end of the year, which I don't mind too much either!!