Dji Holdings Share Discussion Threads

[toyin] 26/8/2016 15:15

Guys

The $4 is irrelevant, like cyberbub said they could set up an ADR (American depositary receipt) or they could do a reverse split. The point is it doesn't matter if Nasdaq listing criteria is $1, $4 or $40, it will have ZERO effect on the price action.

All the best

[neurolodger] 26/8/2016 14:54

I think $4 is one of the rules cited on the listing criteria.

[quazie12] 26/8/2016 14:44

CyberbubI don't think $4 per share is referred to in anyNASDAQ listing rule. There are however rules that require a minimum listing price of a dollar and certain thresholds on minimum market cap on issue. Is the $4 that is being bandied about perhaps the number attributable to DJI based on DJI's future projected earnings multiple of a comparable listed tech company ?

[someuwin] 26/8/2016 14:41

No point selling now.This will be a lot higher as US listing nears

[ayesha4] 26/8/2016 12:57

I think we may even get some further news next week.

[cyberbub] 26/8/2016 12:33

FFS if the Nasdaq listing price requirement is at least $4 (=£3) then this does not *automatically* mean that the LSE share price will jump to £3 when Nasdaq goes live... why would the company's market cap automatically double just because it has got another listing?What is likely to happen is that there will be an ADR set up to be traded on Nasdaq, which consists of 2 DJI shares. Each ADR's initial listing price will probably be $4... so a single share would be $2 = £1.50...There may or may not be actual new shares/ADRs issued as part of the Nasdaq listing. I suspect that Nasdaq will insist on some new shares, in effect a small scale placing.Of course once listed there would be nothing then preventing the Yanks driving the price of the ADRs up to a much higher price if they wanted! :-)NAI DYOR etc

[shutittrev] 26/8/2016 12:26

Squiresquire, you have no shame. What little credibility you had is now absolutely non existent. I think you should re read your previous scaremongering posts relating to the Hinckley Point affair. You are an absolute disgrace. Just saying like.

[squiresquire] 26/8/2016 12:12

the MMs are going to want to see this over £2 by Nasdaq listing time. With a couple of decent contract RNSs they will have it.

[someuwin] 26/8/2016 11:51

Notable increase in volume over the last few days.

Very bullish.

[toyin] 26/8/2016 11:46

nfs

No problem. I think if they waited a few months it would list at $4 anyway. I am very very bullish on dji. I have been a holder for a long time and now everything is coming together, admittedly not for the reasons I originally invested but I'm not fussy!

All the best

[topazfrenzy] 26/8/2016 11:38

With the new money flowing in now just from PIs, we should see £1.50 very quickly - on news of course we're looking at much higher figures imo ...

[nfs] 26/8/2016 11:35

Ah yesObvious Thanks

[toyin] 26/8/2016 10:46

wla2510

It wont have any effect because they could just do a reverse stock split to increase the share price.

All the best

[nfs] 26/8/2016 10:37

The $4 one is interesting Presumably lack of demand would push the price down ? Does Nasdaq assess the company value vs the $4 ipo price?Is the company going to announce news to increase the company value before the ipo?

[wla2510] 26/8/2016 10:26

As I understand, has to be worth $4 to be listed on NASDAQ, so day of announcement of NASDAQ listing could see sharp increase in share price.

[genises] 26/8/2016 10:12

Looks as if MM are running low on stock 127.25 to sell.

[genises] 26/8/2016 09:44

Looks like the small investor has notice this share yesterday and are starting to climb on board

[topazfrenzy] 26/8/2016 08:51

Roadshow or not, big investors are already lining up to lunge at the Nasdaq listing and we're talking at £3 plus per share most probably - wait if you prefer, I'm in and staying in!

GLA

[ayesha4] 25/8/2016 22:12

I'm saying the roadshows begin after the US sponsor is announced. Hold this space.

[snowyflake] 25/8/2016 18:48

ayesha4 - the key in my view is the appointment of the US sponsor. The US sponsor will have done due diligence before accepting the role. Are you suggesting that the four week roadshow will commence after the application is listed? A listing In October does not faze me one bit. It is better that the process is dealt with properly than botched up in some way.

[bobbyshilling] 25/8/2016 17:39

It seems my estimate of 1/10th penny in the pound was not too far away.

Assuming £400 billion X 15% = £60b X 0.2% = £120m revenue per annum (increasing as mobile payments become more widespread). This will be shared with Xinhua. Pretty good me thinks! No wonder the rns's are saying 'significant'. Do check my numbers for yourselves, but I think it to be a reasonable estimate based on what we have been told so far.

Edit: the Mirabaud report reckons on about 5% of the market, and not 15% as above, so about £40m revenue as a starter per annum. I was going by the 15% mentioned in the rns, but even so, very early days and that 5% is bound to increase as mobiles increase in numbers and the population's familiarity with this type of service. Also the lottery plus other contracts should give a further significant boost to future income.

[ayesha4] 25/8/2016 16:54

I understand that the submission for Nasdaq is pretty much ready and they are just awaiting the formal appointment of the US broker. The 20-F application to the SEC then takes up to four weeks to process. The question and answer process with the SEC after that normally takes about two weeks. However, the whole process can be shorter or longer by a number weeks, so the Nasdaq listing date is a moving target. DJI appears to have a strong application and ought get through the regulatory process reasonably quickly. In its favor, DJI is already LSE Aim listed, will likely have a major broker sponsor in the US, has recently secured good quality institutional placements, has binding deals with Xinhua, and that it is also commencing its revue build-up from this month.

[ayesha4] 25/8/2016 16:51

If they announce a US sponsor now, it will take around 6 weeks if all goes well. I understand that they have all the documentation ready and will be announcing their US sponsor in the next week or two.

[cyberbub] 25/8/2016 16:41

Just challenging Ayesha, as anyone would/should. I thought it took months from lodging a Nasdaq application, to actually start trading?