Dji Holdings Share Discussion Threads

[squiresquire] 22/8/2016 09:49

Ime not sure i understand this RNS. They have gone back to the June RNS saying they had at that time got 7 provinces signed, yet this was from the AGM statement when they said they had 9 provinces signed. so this RNS is really saying they have signed one more not three more or am i not reading this correctly. The rest of the RNS is not giving any more news other than possibly the 'September' rather than ' before end of 2016 '. So i think this was more of a share price holding excercise to stop the Share ~Price from slipping any more.


From AGM

With nine of 12 targeted provinces already signed and scheduled for launch before the end of 2016, the partnership is expected to make a substantial contribution to revenues in the fourth quarter of this calendar year.

[someuwin] 22/8/2016 09:19

Good time to buy / add with more news coming soon.

[topazfrenzy] 22/8/2016 08:57

All good and big news for the Nasdaq listing to bounce off, £3 coming here faster than I thought previously, within the year for sure imo

GLA

[snowyflake] 22/8/2016 08:49

wildchild - I somehow doubt that any placee at this point will ditch some of the recently acquired shares.

[wildchild] 22/8/2016 08:36

Probably a lucky placee taking their quick 15%.

[theclangers] 22/8/2016 08:07

£1.10 Being paid (£1.50 then £2.50 soon to follow)

[kkrriiss2] 22/8/2016 08:04

No live price ...orders only !

[kkrriiss2] 22/8/2016 07:35

Explains £300k late buys friday. And other buys

[dafad] 22/8/2016 07:30

In all 12 target provinces, the large sectors of gas, water and electricity payments still collect less than 15% of payments online.


So looking at the sentence above just imagine that if the % of payments online for utilities rises to 30-50% then it would bump that £400 billion figure up significantly!!

[kkrriiss2] 22/8/2016 07:26

Today's update is the first of a number of announcements that the Board expects to make in the coming weeks and we look forward to updating the market again shortly."Things are moving !!!

[dafad] 22/8/2016 07:13

Nice start to a Monday morning


22 August 2016





DJI Holdings plc

("DJI" or the "Company")



Trading update re Xinhuatong partnership



DJI Holdings plc (AIM: DJI, "the Group", "DJI"), a provider of technology for the promotion and transaction of online bookings, mobile payments and lottery sales in China, is pleased to provide a trading update regarding the partnership between Beijing NewNet Science & Technology Development Co., Ltd. ("NewNet") and Xinhuatong Network Co., Ltd (Xinhuatong), the exclusive provider of mobile payments, information and other key services to the Xinhua News Mobile App owned by China's national news agency. DJI is exclusively supplying the technology platform to the Xinhuatong partnership to facilitate the promotion of mobile payments and online bookings, including public utility bills, mobile phone top-ups and traffic fines.



The Xinhuatong partnership has now signed 10 provinces from the 12 provinces initially targeted, demonstrating further progress from the 7 provinces announced in April. The 10 provinces signed are the largest in terms of population and gross domestic product of the 12 provinces that are initially targeted. The partnership remains on track to sign the remaining 2 target provinces by the end of the year and expects the mobile app to be launched in all 10 signed provinces by the end of September 2016, significantly ahead of earlier expectations to launch in 9 provinces by the end of 2016. This development underpins the confidence of the DJI board in the Xinhuatong partnership making a substantial contribution to revenues in the fourth quarter of this calendar year.

The 10 signed provinces account for approximately 70% of nationwide utilities billings, including car fines and mobile top-ups, with billings in the 10 provinces totalling in excess of £400bn annually. In all 12 target provinces, the large sectors of gas, water and electricity payments still collect less than 15% of payments online.

In addition, the Xinhuatong venture has reached agreement with a number of new channel partners, all of whom are major Chinese organisations, to develop substantial new revenue streams based on DJI's robust and secure technology platform. These agreements are expected to launch in September 2016 and will begin to contribute to revenues shortly thereafter, as well as offering access to each of the partners' large and established user bases.

Amid rapid growth in China for mobile payments and services, DJI is identifying new sectors to address, utilising its robust technology platform and growing user base from which to build diverse and complementary revenue streams. The Directors believe that recent announcements by major Chinese corporations capitalising on this huge opportunity to offer a wide offering of mobile services, such as payments and money transfers to their large user bases, reinforces DJI's strategy to become a significant internet technology portal.

Commenting on these new developments, Darren Mercer, Chief Executive Officer of DJI Holdings plc, said:

"The Xinhuatong partnership is running ahead of schedule in the largest provinces targeted, while important channel partners are showing great interest in collaborating with our versatile technology platform and in developing content. DJI is excited to be part of China's well documented rapid growth in mobile services and the scale of the opportunity for the group to develop additional revenue streams remains very substantial. Today's update is the first of a number of announcements that the Board expects to make in the coming weeks and we look forward to updating the market again shortly."

[topazfrenzy] 21/8/2016 10:23

Interesting article in The Telegraph, re Alibaba and Chinese customers being able to use Alipay in London. Looking like this tech is still just taking off, expect the same from DJI in expanded markets in years to come, if they are not taken over fast of course.

[mirandaj] 20/8/2016 17:38

Tencent are referred to in the listing document of July 2014 as clients - further deals have happened since:

"The Chinese lottery market exhibits significant barriers to entry, particularly with respect to obtaining approvals and establishing relationships with the relevant quasi-governmental authorities. The Group has developed strong relationships with the regulators and governing bodies within both the Sports and Welfare lotteries, initially by supporting the development of land-based channels in order to establish the platform, reputation and relationships necessary to ultimately be well-positioned to capitalise on the more lucrative online and mobile channels. More recently, the Group has managed to leverage these relationships in order to acquire attractive businesses and secure large Chinese internet and e-commerce companies, such as
Tencent, 360buy and Taobao as clients. In so doing, the Group has broadened the overall reach and scale of its product offering and increased penetration into China’s rapidly growing online lottery market."

[dlm2602] 20/8/2016 15:45

TWKT,

Why do you think DJI has not notified the market of this partnership? I would think this is very significant news. I'm looking forward to a very exciting end of year and thereafter for DJI. I think / hope the catalyst will be the potential Nasdaq listing as this spreads the message to a much wider audience.

[thewhiteknighttrader] 20/8/2016 13:23

I've just received and read a copy of an interesting article from the FT.com, which relates to Tencent and its increase in revenues from mobile gaming, advertising and other transactions. The share price has rallied recently to a market cap of more than $250bn.https://www.ft.com/content/1903ae0a-64fc-11e6-a08a-c7ac04ef00aaDJI has partnered with Tencent so that Tencent can offer and market DJI's payment services, lottery services, sports booking platform and other services to its customers. DJI has also done the same with six other major social media platforms and websites, as well as numerous other Chinese B2C online businesses. This is all in addition to the JV on the Xinhua app.I don't think I've ever seen anything this big... could DJI overtake Tencent's market cap once US / Chinese investors start to find out, post NASDAQ...?

[topazfrenzy] 18/8/2016 08:45

The lull of August should be replaced by the hyper activity of September, big stuff coming here over the next few months imo

Seems summer is overstaying its welcome ... let's get the Nasdaq listing sorted and then we should be flying, especially with the income stream having come on board in August, raking those pennies in.

[and11] 14/8/2016 17:06

Nice idea! But I think they have plenty on there plate with developing there business throughout China..They could easily be a 20billion dollar company in China allown if things go to plan & a of course a little luck...

[topazfrenzy] 14/8/2016 16:51

Now if DJI were to enter other Asian markets, given time this could be totally huge, say a $20 Billion company.

[mirandaj] 13/8/2016 13:53

There will probably be more notification of percentage shareholdings to the company in due course following the various placings but good to see DJI updating when they can - 12th August:



I also think that these pages have recently been updated:

[paradime] 12/8/2016 13:04

If this related to an original holding, then this represents a dilution to below 5% due to the increase in total voting rights-not a new transaction.

[pauljmjames] 12/8/2016 11:46

If you have the time to look the fidelity investment is in the china special situations fund...and was one of the initial investors..3/4 years ago..

[snowyflake] 12/8/2016 11:05

and11 - yes - the rns was about the admission of the shares to trading - not a holdings rns.

[and11] 12/8/2016 09:49

Alibaba sales soar by 59% for online shoppers. This is important news for DJI, as our payment processing business roles out throughout China...

[bergsy] 12/8/2016 09:36

According to bloomberg fil ltd is fidelity investment.

[and11] 12/8/2016 09:34

Sorry! Correct 40m