Wandisco Share Discussion Threads

[timmy11] 06/10/2023 11:23

HCSC renews contract

Cirata plc is pleased to announce that the Health Care Service Corporation (HCSC) has renewed its existing contract for Cirata's Fusion product for a period of 12 months. The total consideration for the term is $983,010. The use case supports HCSC disaster recovery for on-premises Hadoop data moving to Microsoft Azure cloud. Fusion is a data migration product.

[timmy11] 05/10/2023 08:08

NatWest expands contract

Cirata plc (LSE: CRTA) , is pleased to announce that NatWest has expanded the scope of its existing contract for Cirata's Data Migrator.

The new term is for a period of 3 years. The total consideration for the term is approximately $320,000 with an initial requirement to move 2 Petabytes of data. The use case supports hybrid cloud and enables the continuous movement of data from on premise to the cloud.

[bigbigdave] 05/10/2023 06:10

Made a new thread for this pile o' junk for the name change

[bones698] 04/10/2023 06:06

No deals they are so far behind where they need to be it's conical . This will end up another dilution exercise and keep coming back for more money at lower prices exercise as it will take many years for them to actually break even . The lack of progress and deals has been even slower than I first thought . Amazed it's still over the price it came back to the market at given they will.have drained through half the cash by this point already and have added what 500k in revenue that's it .

Destined to fail miserably as it won't be able to wash off the stench of the past even with a new name . Next funding round just after new year imo

[dafad] 22/9/2023 17:38

Clark Estates holding Rns out 3.98%

This is who they are

[bones698] 20/9/2023 13:36

For now and depends when you shorted and closed etc . Longer term this is a short as they aren't getting enough deals done and the cash is disappearing so fast it's unreal . That's not how a business works I'm afraid and the cash call will come pretty soon as the longer they leave it the worse the pain will be .

Heading back down I see

[johndoe23] 20/9/2023 08:31

Yep, fair play

[sbb1x] 20/9/2023 08:28

Thought you said this was a def short. Just keeps going up

[johndoe23] 19/9/2023 15:19

Definitely short option

[bones698] 19/9/2023 14:57

Avoid like the plague the next funding isn't far away and will be far worse than last time .
The need to sign deals worth 400k every week for a year minimum to get close to break even and they are absolutely nowhere near that figure . No news or deals and I bet many are walking away given wands recent history too .

Next fund raise at 10-20p imo wait and see. After seeing those results I think my above prediction is optimistic . This is a disaster and simply not a viable business . So far behind on revenues that they are going to need a lot of funding going forward for years

[babbler] 19/9/2023 14:55

Telegram rampers allegedly

[firestarter1] 19/9/2023 14:37

None dnt buy

[johndoe23] 19/9/2023 14:32

Now 25%, any rumours?

[firestarter1] 19/9/2023 14:30

Profit warning in financials

[firestarter1] 19/9/2023 14:30

Underlying business is shi

[johndoe23] 19/9/2023 14:02

Why is this up 20%?

[value viper] 18/9/2023 11:53

Still they have not - not good

[value viper] 12/9/2023 17:35

Directors HAVE to buy imv with results out

[johndoe23] 12/9/2023 12:06

This is what the French would call, sac du merde

[cc2014] 12/9/2023 08:31

Is the market actually starting to realise there is nothing of any significant substance to this company?

Perhaps the market is starting to actually pay attention to the numbers rather than FOMO and just jumping on the trend regardless of the value of the underlying business.

[terminator101] 12/9/2023 07:21

"Are the results as bad as the market reaction"?No mate. They are worse.

[biztech] 12/9/2023 06:44

Hi All, I've just released my latest video on CIRATA (#WAND) where I review of the H1 2023 Interim Results and consider whether or not the results are really as bad as the market reaction suggests, and also whether they really matter... https://youtu.be/_oPoCU-pxjM

[melton john] 11/9/2023 08:56

It always reminded me of Napster, that very useful file copying software that shared video's etc and it was free. I could never see the point of Wand except for a small number of legacy systems that needed to upload to the cloud while still live. Certainly not something that every computer system in the world was going to need and talk of a billion dollar market convinced me to steer clear.