Dji Holdings Share Discussion Threads

[nurdin] 05/10/2016 08:43

I find that hard to believe Ayesha as brokers are forecasting revenues of only £16m for the current year,but expect that to rise to to £85m in 2017.Care to give us your source?

[charlesdarcy] 05/10/2016 08:28

If that is correct ( 2m ) revenue per day 700m per year so far then that is massive even if the net prof is not here yet .

That alone is proof that they have deals that are working and this type of business makes the share price crazy cheap !! Obviously IMO 🤔

[khitchen] 05/10/2016 06:32

ayesha 4
thankyou what are the exes

[ayesha4] 05/10/2016 01:07

I can tell you with certainty that revenues are currently approximately $2m per day.

[and11] 04/10/2016 22:08

Interesting comments & views vegpatch, but your making many assumptions. But as you say all investors should "DYOR" good luck

[vegpatch] 04/10/2016 21:47

Not sure why everyone is getting into a frenzy re the NASDAQ listing. 1) it'll be a US broker eg GS, Jeffries, Citi etc. So what? 2) why does everyone say this will mean the shares are "fungible at £2.50 or £3.00"...if you know that definitely then its inside info and you are going to jail. If you dont then its guesswork. I Can tell you also that as the roadshow hasnt started the US brokers wont know the demand so no valuation has yet been put on this from US institutional investors. As an aside, how do you do a comparative valuation against other companies when you havent proved the business model yet? In my books it would need to be at a serious discount to existing quoted US companies operating in this space.

Also those US PMs will be reading websites like this to glean more info from the UK investor base that knows this company. What will they learn? Comments like "China smartphone market is forecast to increase from 785m users in 2015 to nearly 1bn in 2017 and highligthed that mobile payment transactions in the country doubled last year to $235bn (£177bn)." Actually management said that, so what ground breaking info has been posted on this site as to the business model? Not a lot. I have asked the question before but got no answers - who has actually got a chinese contact to transact on the Xinhuatong App? Does it work? Is it any good? The answers to that are much more important than citing that the Chinese mobile payments market is going to be big. Imagine if i said buy Nokia shares because the chinese mobile market would be huge. You would all say "ah but their phones are terrible, no one in their right mind buys one". So just bcause the mobile payments space is big and BNN / DJI has signed up with Xinhuatong, are people going to use it ? I have no idea. It SHOULD be huge, but please someone do some good investigative work.

Also someone said words to the effect that the institutional investors would have vetted the contracts. No they wouldnt. That is considered sensitive info, so management would have given an outline during meetings (if they were speaking the truth) but I guarantee you the institutional investors would never have seen the actual contracts.

Sorry to cast a dampener but if you really are holding for the long term then you should wait and see the revenues and profits. Before then though, if I had as big a position as some of you are claiming I would be doing a bit more homework than at present. Good luck.

I have no position either way at the moment FWIW

[higherp] 04/10/2016 21:29

and11 - careful you are beginning to sound like Confucius!

[and11] 04/10/2016 20:39

Higherp, Old news can be good news sometimes!!! Remember Mirabaud/DJI's forecast numbers were based on an exchange rate of around $1.50 to the pound. Now at around $1.27 this could represent a further potential upside to DJI + of 15%.
Furthermore these numbers only included the agreement in place with Xinhua & historical business as of April this year. With hopefully further news on the horizon for fresh agreements with the government/private companies (which would not have been forecasted in) could in reality see these numbers be multiples of where they sit right now (all IMHO of course)...All food for thought though!!!! GLA

[genises] 04/10/2016 19:28

Higher
A little reminder to anyone popping in the potential of this little company.

[snowyflake] 04/10/2016 16:46

goodness - I just said it is conceivable - nothing more than that.

[nurdin] 04/10/2016 16:27

Hmmm...what makes you think that?

[snowyflake] 04/10/2016 16:23

charlesdarcy; the RNSs make it clear that the application for the Nasdaq listing will not be made until after the name change following the meeting this Friday.

However it is conceivable but no certainty that we will get news on something else prior to or on Friday.

[charlesdarcy] 04/10/2016 16:05

Surprised not more trades today share is stable though .

Come On Naz ... asap ....

[higherp] 04/10/2016 15:18

GENISES - old news keep up please!!!

[genises] 04/10/2016 14:38

This pivot looks to have pushed the stock on. The group recently secured a deal with Xinhuatong through associate NewNet to provide the technology for mobile payments on the Xinhua News mobile app, which has reportedly been downloaded more than 120m times since its June 2014 launch. Management said the China smartphone market is forecast to increase from 785m users in 2015 to nearly 1bn in 2017 and highligthed that mobile payment transactions in the country doubled last year to $235bn (£177bn).

Analysts at Mirabaud predict pre-tax losses of £2.1m for the year to December 2016, leading to a loss per share of 2.8p, compared with losses of £10.1m and 7.6p in 2015.

[topazfrenzy] 04/10/2016 11:46

Unfortunately midas123, I have had to turn down the Trump offer, I am heading to Beijing to lead the Communist Party when elections come up next year.

[topazfrenzy] 04/10/2016 11:45

Delays and more delays can only mean one thing ... sell!

[midas 123] 04/10/2016 11:28

WOW is this true??

Trump has just announced that wants topazfrenzy to head the Treasury Department once he is President !

lol

[higherp] 04/10/2016 11:07

To And11 - thanks for your feedback, I follow your postings with interest as out of most who post on here I believe you have the inside track on what is going on - unless I have misunderstood completely and really it is that semi precious mentally agitated person who knows what is going on - only joking of course!!!

[higherp] 04/10/2016 11:03

Just to clarify my position, I am a DJI shareholder and have no intention of selling as I believe, like a lot of others on this site, that this share is going places in the medium to long term.

[and11] 04/10/2016 11:02

Higherp,interesting comments & l agree the Nasdaq listing won't is unlikely to happen until Q1/Q2 next year IMHO! but the sponsor for the listing, new board appointments & new agreements will be announced. Like any rapidly growing business there are delays but there can also be rapid developments that were unexpected!!! This has huge potential going into 2017... & i'm sure there will be good news to follow Friday's meeting IMHO... GLA

[charlesdarcy] 04/10/2016 10:59

Higherp ! I don't think anyone is thinking anything different to your thoughts now , but will be helpful is the announcement that the Naz application is underway and a strong sponsor is being signed up October as I have mentioned before is a big month for the CEO to start showing what has been rumoured otherwise the share price will more than slowly slide which I for one will not want to see .
My mistake on the seller / buyer

[higherp] 04/10/2016 10:48

I had read with interest a lot of the comments on this site leading up to recent announcements and afterwards and have to say that a lot of what I have read is ill informed based on very poor analysis. The share price rise we saw recently was fuelled by speculation about imminent Nasdaq listing, new contracts and reinforcement of the board. None of these things have materialised the way we thought and hence the share price has slid. The Nasdaq listing will not take place until Q1 2017 as we have to wait for the name change and reclassification to take place on AIM which cannot be until December 2016, hence Nasdaq not until Q1 2017. The share price will likely slide slowly from its current position until there is positive news issued by DJI and specifically reinforcement of the board and appointment of agent to manage Nasdaq listing, also new contracts / deals would help.

[tbrock2] 04/10/2016 10:44

?? Nearly three times as many buys as sells?

[charlesdarcy] 04/10/2016 10:28

Looks like price heading South again more sellers than buyers this morning !!