Dahua Overseas Head Is Out
By John Honovich, Published on Jul 27, 2018
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Comments (16)
Mick Brown
Has anyone checked
the amount of shares the management at dahua are selling
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Undisclosed #1
This statement is so true it hurts.
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Sean Nelson
07/27/18 01:42pm
yet another dahooie kablooie
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Undisclosed #3
No comment out of Harare?
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John Honovich
Update: Dahua's stock is down ~5% today:
The most likely cause is that their H1 2018 financials were released. Good news - reported revenue was up 31% (higher than Hikvision's ~27%) but net profit margins declined from 15.2% to 12.7% (much lower than Hikvision's ~20%).
Dahua only reported a 3 page summary of results with no breakdowns by region, product category, etc. If or when they do, we will update this post.
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Robert Shih
07/30/18 12:56pm
Maybe we should start a topic as to who should be nominated for x position in Dahua? I know Honovich would love to give them some ideas. Lol.
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Undisclosed #5
To the average Dahua buyer is does not matter. Its cheap and that's all they care about.
Now for some of the people that work at Dahua they are leaving !
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Gerald Spradlin
I've had dinner with Michael Chen going back a decade or more on 10 or more occasions. Michael is WHY I became a Dahua distributor some ten years ago. Honest, accurate, articulate, and a very interesting guy. My humble opinion?
He was too honest to adhere to this new Dahua culture. I haven't sent Dahua a PO since the Mirai Botnet fiasco. I believe that's three years or so.
I hope Michael accepts a position with ANY CCTV maker excluding Dahua and Hikvision as he brings a wide range of experience and expertise to ANY competitor of Dahua.
Hopefully within a few years both Dahua and Hikvision banned from ALL U.S. installations beyond just government projects.
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