Dji Holdings Share Discussion Threads

[snowyflake] 26/9/2016 17:54

charlesdarcy - there can be little credibility attached to a person who is ramping DJI as a buy and is a self proclaimed investor and bull of the company one minute and who in the next minute is a raving bear of the company and shrieking for all other investors to sell. There has been no worthwhile reason attached by her for this turnaround.

Therefore do not expect too much by way of an explanation from her save wild guesses.

As far as the future is concerned, this is a speculative stock and it would be wise to recognise that. Having said that if all goes according to plan and if the board do not foul up there is plenty to invest for.

I said my bit earlier about what I regard as an appallingly scripted RNS released on Thursday. It certainly gave me the jitters and was in stark contrast to the RNSs released earlier in the year which were professionally written and easy to follow. Enough of that.

We have H1 results due the 30th of this month. On the 7th October there is a General Meeting to pass the resolution to change the name of the company. It was mooted by Michael Walters amongst others that there would be 2 to 3 announcements of deals, one of which was significant. We may have had one; there may be two more to follow.

The company have made it clear that following the meeting on 7th October the process to list on Nasdaq will formally begin (whatever Topaz says).

I expect that the name of the US sponsor will be announced in the short term.

There is a "typical" timescale laid down by Nasdaq for processing the application although my understanding is that it can take longer or shorter. The detail is on the web and easy to find.

I do not think that the company will list earlier than December but that is not the end of the world; the process could go over until January. However it is better that the board and its advisers get it right and do not botch it.

I know that £5 a share has been floated by some posters but I personally think that it would be nice to see the company list at $4 per share which is currently just over £3. Do remember that the company is making a request to AIM to reclassify its listing on AIM.

If the shares list on Nasdaq at $4 the shares will in any event be fungible. We could see a demand for the stock and further the London price should reflect the US price. £3 a share in London would value the company in London at £620 million. However much will depend on the forecast earnings of the company. More will be gleaned from the prospectus.

Take a look at the valuation of 500.com which is a Nasdaq listed company which only relies (so far as I am aware) on the Chinese online lottery. DJI is no longer reliant on the Chinese lottery - it is a different company.

If you are interested in Michael Walter's views it is a subscriber site (costs £75 pa). I would not breach copyright; not would I expect other subscribers to do so.

This like all other stock market companies means DYOR.

[mrcheeseball1] 26/9/2016 17:23

topaz, seriously, please explain to the group the reason for your relentless posts on this forum.

Am I right in saying you don't personally know anyone on this forum ?

If that is the case, please explain to me why you care so much to continuously post negative comments, advising people that you do not know to sell their shares.

To me that does not make sense. No one would care enough as you do, care enough to post 10 posts every single day, rambling on about the same stuff, for the benefit of complete strangers that you do not know.

Therefore, the only plausible conclusion I can draw from this is that you are trying to drive the share price down so that you can buy back in cheaper.

Seriously topaz bore off.

[shutittrev] 26/9/2016 17:12

Not just anyone Topazfrenzy, just utter scum like you. We all know your agenda here and you ought to be ashamed of yourself.....even setting up another thread. Vile scum.

[charlesdarcy] 26/9/2016 16:50

Davroc ; with respect I am trying to get to the bottom of the comments Topaz has made to see if any credit in them .

After all we have also had many comments on it being a £5 share before end of the year which also may be similar on the other end of the scale ?

[davroc] 26/9/2016 16:42

If you all stop trying to engage in conversation with Topaz she will go away. But you keep taking the bait and responding to her posts. Please ignore her ramblings.

[charlesdarcy] 26/9/2016 16:40

Topaz : if it was a no hope share which you have said is a scam along with Swiss , why would you of invested in the first place ( I have asked this before without a answer ) .
How have you come to this new value of even 60p on the share crashing if it is what you say ?
Everyone is entitled to a honest opinion and we are all grown ups so please explain the 60p valuation ?

[topazfrenzy] 26/9/2016 16:31

Just saying like? Shut it trev, you are just disgraceful using this kind of language, against anyone!

[shutittrev] 26/9/2016 15:54

Well said calm jeweller....Topazfrenzy is scum, no more, no less. Individuals of their ilk are the worse kind of posters. Their constant negative drivel ceaselessly trying to drive the price down for their own gain. I am all for balance and reasoned, insightful comment but she adds nothing to the debate. The sensible holders here will operate a stop loss, will know the risks (and rewards) associated with this type of investment and will probably be showing a profit thus far. We certainly do not need some unsophisticated 'Johnny come lately' dispensing 'advice' with an ulterior motive. Topazfrenzy is utter scum and I subscribe to the theory that bad things happen to bad people. Just saying like.

[topazfrenzy] 26/9/2016 13:35

monts12, please follow your choice of investment, I am not here to give you advice but to express my opinion, which I think is valid, as these boards are not meant to just be a "put up or shut up" forum.

I was invested here and since then I am concerned with the changing story and the ongoing promises with no proof of delivery whatsoever so far. Time will tell.

[monts12] 26/9/2016 13:32

" what I am saying is that these projections will be proven wrong"

what evidence do you have for this?

On balance, I think market professionals with clearly laid out reasoning are a better bet then your one-liner guesses/hunches of doom. Why the repetitive, unsubstantiated rants and claptrap?
Your credibility as a poster is shot I'm afraid, I really don't know why you bother given the fact that you are not invested.

[snowyflake] 26/9/2016 13:23

Thanks for being a calming influence! He/she is a she. Perhaps not satisfied with her profit she is either trying to damage other investors' interests or, like you say, looking for a cheaper re-entry point.

[topazfrenzy] 26/9/2016 13:19

monts12, what I am saying is that these projections will be proven wrong and that it will crash when the figures come out weak. It's all hot air imo, the competition is way too stiff and I doubt this will be a success. It is all promises. Just wait for the announcement of the Nasdaq listing not going ahead, for whatever reason Mercer chooses on that day...

Beware is all I am advising as there is no proof that this is going to work, after so many broken promises and the fluffy talk since.

[calm jeweller] 26/9/2016 13:05

This is my first time on any thread. My friend recommended DJI to me and suggested I look at the chats and pick the bones out of them. I notice that they is one main person talking this share down on a continuous basis and being very repetitive in what they say. I've looked back on some previous posts and can see that this person on 26/8 was very bullish and continued to be 30/8, 31/8, 1/9, 2/9, 3/9, 5/9 and 6/9.
On 7/9 when the share had gone up to 160's they sold a few. On 8/9 when the share had risen again he/she reported that they had sold all their shares. From then on in, the tune changed and all we have seen is a relentless barrage of bearish comments, right up to this morning. I don't believe this person is shorting, but simply doing their level best to get this share down, so they can reinvest. I do applaud them for selling at the right time, but please put another record on.

[monts12] 26/9/2016 12:22

You are posting rubbish again topazfrenzy.

Mirabaud have already predicted pre-tax losses of £2.1m for the year to December 2016 (that is nothing new and already in the price) and pre-tax profits of £47.1m for 2017, which would generate earnings of 13.4p. It is that figure the market will use to justify a valuation today. I make that a share price of £2.68 on next years earnings applying a p/e of 20.

*Then steep growth in profits with attributable earnings rising very sharply in 2018 and 2019.*

If you think the lottery side has been given away and is "the only possibly lucrative side of the business", then your level of research and understanding of this company is very poor indeed.

[and11] 26/9/2016 12:05

Topaz! The price was driven down by the Chinese government suspending online lottery sales back in 2015, which left the company with no choice but to diversify its business activities to payment processing & online support services through a mix of partners... DJI owns the platform for All these ventures through its 100% owned Chinese company NewNet, hence the re-brand of the company to BNN (Beijing NewNet) Nof that difficult to work out topaz, No story has been changed!!! The company has just sensibly divisified to secure the future of the company. If the online lottery does come back this will just add to what they are now developing. Im not sure how you seem to think you know so much about this company, you may won't to explain!

[pauljmjames] 26/9/2016 11:59

The next set of results as indicted by Mirabaud indicate we will see a loss for the first 6 months of this year. This is already factored into the buy recommendation from the broker. What bad news are you referring to topaz?.

[charlesdarcy] 26/9/2016 11:55

Topaz ; you said last week the price will crash to 90p or so now it's 60p are you saying now it could be 29p again ?

I remain as I was before holding the stock ' But ' want strong announcement on board appointment and clear info on Naz listing ( soon ) .

Get a feeling for a lower market week coming up and prob the same for DJI before some proper announcements for the future .

[topazfrenzy] 26/9/2016 11:41

nurdin, the share price went down to 29p so not sure by what you mean when you say the price did not crash ... they then came out with promises (which have not been fulfilled since) which drove the price up ... now they have changed the story again, while the business is being carefully transferred to China through various strategic means, just be careful is what I am saying as I do not believe the strategy any longer, and there may be some sinister outcomes to all this eventually ... I do not believe the initial figures (when or IF they are released soon) will be good at all, so that will be the warning sign to get out asap imo ... is this balanced enough for you, or do you want me to bury my head in the sand and end with a ramp?

[nurdin] 26/9/2016 11:19

So Topaz why do you think the share price didnt collapse when they reported their 2015 results earlier this year when they showed a net loss of over £11m ? The market has accepted that the company will make a loss this year as well,albeit at a much lower level.The brokers also expect a massive leap in revenues and profitability in 2017 and onwards as they make deeper inroads into the markets they are serving.

Lets have some balanced comments please.

[shutittrev] 26/9/2016 11:16

Topazfrenzy.....you are becoming almost rabid with your rantings....it's all rather tiresome and embarrassing. Your self important post, number 1589. These will crash down to 60p and you know what you are talking about. You will look even more of a contemptible prat if your price forecast does not happen.....I will look forward to reminding you of how wrong you were. Just saying pet.

[topazfrenzy] 26/9/2016 10:47

When the first figures come out re earnings here, they will be so piddly that this will crash down to 60p and lower, I know what I am talking about I'm afraid!

Swiss paul, you talk a lot of sense. I have seen this before and therefore am super cautious, especially in the light of so many broken promises regarding the Nasdaq listing.

And Mercer being a gambling man it makes me even more intolerant of missed 'deadlines' and fluffy talk every other month declaring some new trick to the trade.

As we know, the lottery side has almost been given away! The only possibly lucrative side of the business.

[snowyflake] 26/9/2016 10:39

topaz - I disagree with you but Thursday's announcement did not help me.

[topazfrenzy] 26/9/2016 10:37

When the first figures come out re earnings here, they will be so piddly that this will crash down to 60p and lower, I know what I am talking about I'm afraid!

[topazfrenzy] 26/9/2016 10:34

MW consistently gets things wrong, beware here, it's really not worth the risk for now, it's just all talk ... many broken promises by the CEO regarding Nasdaq, strong warning sign!