Wandisco Share Discussion Threads

[horneblower] 17/4/2018 15:17

IG prices are their own, not actual.
Don't know where 890p comes from. Possibly pre adjusted prices.
Intraday high on 17/10 was 885p.

[nimrod22] 17/4/2018 15:07

52 Week High 890.00p
52 Week High Date 18-Oct-17
52 Week Low 377.50p
52 Week Low Date 20-Apr-17
pasted from LSE site

[vanadiumx] 17/4/2018 15:05

I have 885.0 on IG as the closing price and 52 week high, but i think i have my charts to show bid prices only....

[horneblower] 17/4/2018 14:58

I have 881.5p close on 17/10/2017 on Scope.

[tickboo] 17/4/2018 14:44

£8.95 according to this. Would love to see £10 before interim's

[vanadiumx] 17/4/2018 14:10

I think we are within 15p of the 52 week high here. Can anyone corroborate?

[tickboo] 17/4/2018 13:05

Makes sense give they're paying well over the £5.50 raise last year. Perhaps the Microsoft and Alibaba deals sealed their investments.

[knighttokingprawn] 17/4/2018 11:41

My guess is something is coming...

Big institutions don’t usually pay the top of a current range unless they have a good feeling about price risk over the next couple of quarter... nobody like to top tick stocks ...

[tickboo] 17/4/2018 10:05

Good to have you back chaps.

Yep they seem a serious fund, we’ll see whether they accumulate more although at the current price it might be surprising.

I don’t think we’ll get a Q1 uodate unless there’s a large/material contract to announce like last April. We’ve doubled up since then as I was in accumulation mode! Now I’m just sitting on my lot and will hold. I’m no trader, haven’t the nouce as I’ve illustated on here!

[nimrod22] 17/4/2018 09:16

I bought 1200 shares this morning. The share price didn't cycle down as I thought it may a few weeks ago; has held up pretty good.

[bamboo2] 17/4/2018 08:57

I'm back in this morning.

[knighttokingprawn] 17/4/2018 08:45

Tickboo.... so it was a more accumulation. If it is the Tech fund , thats a big deal IMO , these guys are very professional conservative and dont throw their investors cash around and certainly not so publicly with a notifyable position...

Looking forward to the next month or two...

[tickboo] 16/4/2018 21:48

There you have it, the tech fund have added again and now over 5% which is an impressive number. Hopefully we get some more chunky contracts confirmed and get some volume and interest back.

[knighttokingprawn] 12/4/2018 11:51

Bamboo

I think you have nailed it. Your are right the market has been asking for risk off .. I mostly trade ndx, and my book has been largely forced flat in last few weeks but WAND aid strange by its exception..

[tickboo] 12/4/2018 11:47

Well we've had the Swedish tech fund adding recently with 2 holdings RNSs so I think the mid price large trades are buys. I don't blame anyone for taking a profit but the recent RNSs here have all been positive. The proof will be in the H1 results as Wand will need to show another impressive revenue growth to maintain the current market cap. I'm surprised there hasn't been a takeover attempt given the size of the market, growth forecast and wand's unique offering. I'm holding.

[bamboo2] 12/4/2018 11:30

Hi, Due to general market uncertainty, I closed all my positions here and elsewhere yesterday, going to 100% cash. [I was already at 60% cash due to profit taking]

The position here was closed just below b/e, but no liquidity issues for 2500.

I am also of the opinion that there is accumulation occurring.

There are a large number of stocks that I follow showing potential, but so far, unconfirmed Head and Shoulder reversal patterns, but WAND is not one of them and I will buy back as soon as I feel comfortable with the wider market.

[knighttokingprawn] 12/4/2018 11:17

Tickboo & others. Doesn’t this price action or lack of it strike you as particularly odd? We seem to have regained the ground lost during the cap raise.

Volume dried up, aside from the odd day with large tickets .. are the market makers helping to get someone out? Or in?

Given we are at a top of a range it’s a strange place to wait unless MM using the low liquidity to keep us here for someone’s exit? It’s bothersome as the only other conclusions is that we collectively think there is an EVENT coming.and I don’t think a ticket announcement is enough... any thoughts .... have we seen enough pass through to conclude a corporate building a position ....

[tickboo] 10/4/2018 10:48

Whilst there are a fair sells going in I thought I'd report the Edison (paid for) report -The announcement of an OEM partnership with Chinese internet giant Alibaba adds a significant new channel for growth. Alibaba is the sixth largest cloud platform globally and revenues doubled in Q4 to $553m ($2.2bn annual run rate). WANdisco Fusion will be embedded as a standard component in selected Alibaba cloud solutions. The press comment from Alibaba cites the migration to cloud, disaster recovery and hybrid cloud enablement as the use cases underpinning the partnership, highlighting the broad applicability of Fusion. We understand that the technical integration is close to completion and we expect the companies to start building a commercial pipeline with immediate effect, with first deal flow likely in H2.WANdisco's EV/sales rating of 17.1x and 13.4x for FY18 and FY19 respectively remains a premium to peers, although upgrades have narrowed the premium substantially. WANdisco's investment case has always been predicated on the potential for it to scale into a significantly larger, highly profitable business.Our DCF suggests the current share price requires sustained bookings growth of c 35% (ie a touch higher than forecast for FY18 and FY19) through 2025 with EBITDAC margins growing to exceed 25%. In practice, we believe that if WANdisco continues to strengthen its platform of tier one channel partners, it should be well placed to grow faster than this. Most of the company's partners are growing their cloud revenues at a faster rate. With a broad addressable market, a strong IP position and an indirect sales model, healthy 25%+ margins should be readily achievable if execution remains good, although we expect the emphasis to remain on growth over margins in the near to medium term.The market opportunity in cloud is very significant. The migration of enterprise data to the cloud is the largest structural shift taking place in the enterprise technology market today. Q4 results from the major cloud service providers indicated that this trend is accelerating, with Synergy Research Group estimating that spend on cloud infrastructure services jumped 46% y-o-y, comfortably beating the growth rates achieved in the previous three quarters. Market leader Amazon AWS's revenues exceeded $5bn for the first time in Q4 with growth accelerating to $45% y-o-y; Microsoft grew Azure revenues by a staggering 98% y-o-y and Alibaba doubled cloud revenues in Q4 to $553m and has ambitious plans to move up the rankings and take market share.The company's potential strategic attractiveness should also not be ignored. We are seeing M&A from industry majors as they build out their cloud/hybrid strategies – most recently with Microsoft buying Avere Systems, a high-performance storage vendor for an undisclosed amount. We believe that WANdisco could potentially be a good fit for a number of cloud/enterprise software players.

[tickboo] 10/4/2018 09:31

I thought the same thing the Azure but the it says continuing its integration with support. Support?! You'd think with their US investor base they'd want to report quarterly but without one end of last year perhaps they're not up for it yet.The IBM partnership is hopefully yielding lots of deals around $1m mark that may not be deemed material (as in existing sectors). I remember in the capital markets day the IBM rep was bullish on their massive sales pipeline, hopefully they're closing plenty!

[knighttokingprawn] 10/4/2018 09:10

Wasn’t the Data Box integration announced on the 17th October 2017. Does this imply it’s first deployment? Not sure what that tweet is about tbh. We had Msft HD insight in September and then the co sell ( for both products) on the 12th March. The stick seems to be hanging in here for a reason , I am like you Tickboo not convinced we get an update .. I still think their business is too lumpy for them to want to expose themselves to a quarterly. It’s a shame as that would be a very bullish sign if they went for that. It would also signal their intent to be nasdaq ready. At best though they have momentum from IBM and the rest will be all about building pipeline ...

[tickboo] 10/4/2018 07:59

Looking back through the RNSs wand didn't have a Q3 update in October so they may be moving away from them. Yes they had one in Jan but they also had that massive contract to announce so maybe that's why. Am not as convinced as I was.Anyway, looking at Twitter this morning, every little helps - We are excited to continue deepening our integration of WANdisco Fusion with @Azure migrations by adding support for DataBox. Learn more: bit.ly/2qjcohP #cloud #data #datamigration

[ralphmalph] 09/4/2018 15:43

I am positive on the trading update revenues I just do not see it being made by monthly subscription models for 18months or so, but long term this monthly subscriptions are good business.
IBM and WAND direct salesforce will make make the big increases in revenue needed for this first half. For the basic reason that a salesperson makes more commission on a perpetual license than a monthly one so they will put all there efforts into making these deals.

[tickboo] 09/4/2018 14:54

Good points made on the revenue but the market will also want to see impressive booking increases so although the revenues may take a while to be realised they will ultimately realised. Hopefully Wand will be a little more transparent to make it easier to understand when revenues will be realised (whether it be in one hit or over the course of a period of time).

[ralphmalph] 09/4/2018 14:42

With respect to the cloud players they use a monthly pricing model. So MS and Alibaba could do great business but it not show up in the half yearly revenue figures.
For example If IBM or WAND themselves sell a perpetual license for 1 million then 1 mill in license revenue hits the books the moment the invoice is raised. So 1mill in the half yearly figures.
But with a monthly fee this would happen 1mill in value for single purchased, I do not know WAND model but say they base it on three years as being the point where the customer would have paid more than a one off fee. That will mean 1mill / 36 = 27.7k per month.
So if booked middle of the 6 months then you would get 3 x 27.77 = 83K on the books instead of 1 million.

[tickboo] 09/4/2018 14:15

Fair point re market cap and your multiple makes sense. With the cash raised to accelerate growth and take advantage of the opportunities they should be looking for a minimum of 100% increase in big data revenues and bookings and really 150% increase should be realistic. Both Alibaba and Microsoft are ready to roll with wand's tech so we may be surprised at how quickly they generate revenues. We should also see some new product development to further increase the addressable market and even without that the opportunity is massive and wand's partners the major players. Exciting times and hopefully Wand can deliver a decent Q1, a great Q2 and an exceptional H2.