Dji Holdings Share Discussion Threads

[snowyflake] 26/9/2016 10:34

It is a great shame that after the informative RNSs of 22nd and 30th March and especially that of 21st April (the Xinhuatong and Xinhua New Net agreement) and subsequent announcements such as the results and the AGM statement, all of which I could understand and gave me confidence that I had invested in a company whose market cap could grow exponentially, we are out of the blue saddled with Thursday's RNS whose contents left me doubting what the hell I had invested in.

It was only when I had spent an awful amount of time researching background on Friday and over the weekend that I began to get some of my earlier confidence back. I think that many of my reactions have been shared with other posters who themselves appear to be showing doubt and looking to the likes of Michael Walters to shed some light on what the RNS was all about.

From the board failing to even explain that BNN was simply Beijing New Net, to talking about a mission statement which was in my view totally unnecessary (the males among us may have cynically been thinking of something else)to leaving me wondering whether the contents of those earlier RNSs were still live or had disappeared into the ether of some mobile phone charging app, the drafting of the RNS was not just appalling but could have been drafted by some boffin who could not advise the reader that white is in fact white and black is in fact black.

Goodness knows what the institutions thought of it but for the average private investors lie me (and boards often forget that retail shareholders are driven by sentiment)it was so woolly, did not properly tell the story that it was supposed to tell and left me seriously wondering whether those at the top table knew what they were on about.

I have settled down now and have my holding but I have to say that I almost sold my entire shareholding, a sentiment which I doubt that the board intended for me and my fellow private investors to employ.

Perhaps after all it was a change of the public relations company IHA Consulting to the highfalutin Brunswick; that I do not know not being in that area of business.

I really hope that this own goal is not repeated by the board and that we as shareholders are given clarity in all future RNSs.

[mlf51] 26/9/2016 09:11

MW very positive about the future.GLA

[charlesdarcy] 26/9/2016 09:07

Market makers taking stock down on no trade numbers at all good day to buy a few more with a small split negotiated .

Be interested to hear Walters comments ?

[1meg] 26/9/2016 06:55

Mike Walters posted article on 22/9/16 but I cant access my account can anyone else read the article?? Sounds positive

[nurdin] 25/9/2016 21:16

Why do you guys brand DJI as a Chinese company? China facing yes but NOT a chinese company per se.The Board is comprised mostly of British personnel, from the Chairman to the CEO to the CFO.The company is owned,through share ownership, by British Institutions.

So what makes a company Chinese?

[swiss paul] 25/9/2016 20:46

Hmm main board appointment - don't let that impress you. I am trying to think of the Chinese co that took everyone along. It was supposed to be selling there own brand trainers - had some high profile NEDS, NOMAD etc - all due diligence done etc etc and then the issues started to come about, it was a big scam and sometimes these guys try to weave a cloak of respectability around them - after all its only money! but it my money so am a littlie bit careful and its always useful to have a bear around the place!

[khitchen] 25/9/2016 12:57

I intend to keep mine until they are £5 I will then sell half, that is assuming we have not lost them by then

[and11] 25/9/2016 11:01

Yep! Agree with your comments. It's all about timings & patience now.. GLA

[dlm2602] 25/9/2016 10:55

I have a significant holding in DJI thanks to Mike Walters and intend to hold on for the very long term. However a rights issue must be inevitable at the Nasdaq listing mustn't it? If it wants to list its shares on that exchange, it must make some available for the new investors who trade there. Admittedly, some may transfer from the AIM market to the Nasdaq and vice versa if a price arbitrage is possible but there has to be sufficient liquidity in the shares in the Nasdaq listing to start with or the big investors won't be interested.

[and11] 25/9/2016 10:36

I have a good holding! & the £11.5 was raised in July... I would expect a further placing to be conducted as part of the Nasdaz listing...

[khitchen] 25/9/2016 10:33

and 111
You may be correct , I hope so it does not read that way, are you a large holder ?

[and11] 25/9/2016 10:12

Khitchen, l have just read the article! The £11.5 million was the last placing DJI did in July! Not a new placing...cheers..

[khitchen] 25/9/2016 10:03

My Info. came from The BusinessDesk. com Check it out

[khitchen] 25/9/2016 09:57

I have never shorted in my life , nor will I

[value king] 25/9/2016 09:41

Don't get too burnt shorting khitchen.

[khitchen] 25/9/2016 09:26

It Is going to happen take my word for it

[and11] 25/9/2016 08:53

Why would they need to do a further placing at this stage! They have plenty of cash from the funds raised from the recent placings

[khitchen] 25/9/2016 08:43

Their will be a share placing of £11.5 million as soon as the name changed

[khitchen] 24/9/2016 09:39

Good morning Mr White, I have 150,000 shares in DJi holdings & am showing a large profit , are you keeping hold of yours? are you confident of the Chinese playing fair, will our shares be diluted

[1meg] 24/9/2016 08:29

Thank you Mr White for clarifying your situation. I have been involved with DJI since Mr Cowman of your joined accountancy firms recommended them. I also have a lot invested with you in EISs! Small world indeed.

[tbrock2] 24/9/2016 08:11

It's typically bought, or leased or sometimes leased/subscription + per use (credit checks I think for example). The money trail stops there as there isn't necessarily a transaction whereas with dji there will be with Xinhua. However, are the chinese paying anything for the software? I thought payment was just in the form of a percentage of the transaction. Which is a good deal for both parties.

[vegpatch] 24/9/2016 07:19

Tbrock2 - does the software leased by banks typically give the developer a cut of the revenues or is it charged on a use basis or per seat basis?

[1meg] 24/9/2016 05:11

hi ayesha4 where did you see leaked email from Ben White? thanks

[tbrock2] 23/9/2016 21:33

Vegpatch - not as simple as building it yourself. Speaking from my industry, I know that the vast majority of banks lease or buy software and systems for various tasks because it takes years to develop in house (5 years is a short-typical timeline, although it can be much longer). If dji had a suitable platform that already existed for lottery products, why not simply give them a miniscule cut of transactions? Far far far cheaper and quicker than developing their own software/apps etc in the same time scale. To buy outright would be very costly. To promise commission and contracts if they do what they promise costs them nothing (Xinhua). Seems very sensible short to mid term for Xinhua. Then when everything is in place, perhaps they will buy them out.