Dahua *********
***** ***** *** *** ****** *** official ************ ***** ****, **** *** respond ** ****'* *********, **********:
*** ****** *** **** ** ******** the ******** *********. ******** **. **** made * ***** ************ ** *** overseas ******** *** **** *****, ***** Zhao *** *** **** ********* ** the ****** ** *** ******** ******** unit. **. **** *** *** ***** of **********. ** ** **** ****** for * ******** ** ******** ********** within *****.
Struggling ***** *** **-****** ********** *****
*** *************, **** ******* ***** ** the *******, ** **** * ********** issues *** ******* **** ******: ************* sales ******** *** *** *** ***** CEO ******** ******.
*****'* ************* ***** *** **********. *****, like ********* (*** *** ******** ***** *** ********), ***** ** ****** ********** ************ headwinds *** ******* ***********, **** **** and ******, ***** ******** *******, *** blunted *** ******* ************'* **** *********. Secondly, ****** ********, *****'* ************* ******** has ************ ********* ** ********* ************* sound ********** (*.*., *** ********** ***** *** *********** **** ******* **** ****, *** most ****** ** ***** ** **** now ***, ** ****).
****** ****,***** ******* ** * *** *** last ****, **** ******. *** ************* ** Dahua's **** *** **** **-****** ********* is ** ***** ** *** ********** practices *** ********** ** ******, * much ****** *** ****-*********** *********, ** Dahua. ******* *** **** ****** ** Jason ****, *** *** ****** ** the ******** ******** ****.
Prospects *** *******
** ** *** **** ****** ***** the **-****** ******* *** ******* *****, so ** ** *** *********** *** us ** ***** ** ***** *********. On *** ******** ****, *****'* ******** Overseas ********** **** *** **** ** inept, **** ** ***** *** **** much ** ** ******. *** ******* is, **** ******* ****** ***** ******* the *** *** ***** *********, *** ex-Huawei ***** ******* **** * *********** environment ** ******* **** * **********.
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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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