Wandisco Share Discussion Threads

[tickboo] 24/9/2019 19:13

I've now got a bad feeling about tomorrow. Q2 worse than Q1 so less than $8m will be free-fall surely? Unless already priced in and more jam tomorrow commentary which is perhaps why the analyst and II days are taking place on Oct. Idiot here bought 300 more at 5.60.

[tickboo] 19/9/2019 19:32

If no deal happens UK cos who are storing EU nationals data in the UK will have to move it to the EU. Likewise any EU cos storing UK nationals data within the EU will have to move the date to the UK. You're right though, cos may wait to see what happens and then decide which data to move and where to.

[tickboo] 19/9/2019 15:01

Another seemingly decent product launched to compliment live migrator and further reduce boundaries to moving to the cloud. As well as the date being accurate, accessible and live analytics can now take place while the data is on the move. All these great products and partnerships now needs to translate to revenue. They need to have a cracking Q4 to get any way near forecast (I assume) and hopefully this helps. I'm sure next year will be great for Wand but I've said that every year for a few now.

[tickboo] 19/9/2019 12:46

Yep, fair point!

[cokehookerscars] 19/9/2019 12:06

"they have 9 open positions, one in sales but the rest dev or software engineers so I assume the pipeline is good."

....or their dev and s/w engineers have been quitting !

[tickboo] 19/9/2019 09:23

Thanks red and horneblower.Jack, I believe the figures and commentary will drive this towards double figures or who knows, further down. I written this a while ago --- Revenue for the year 2018 of $17.0 million (2017: $19.6 million) with H2 revenue increasing 13% to $11.3mWe know that Q1 19 is $4m and 38% up on Q1 18 which was therefore $2.87m and H2 was $11.3m so we know Q2 was $2.8m so a similar Q2. Momentum certainly in H2 and we'd expect with the multi-cloud product, closer ties with Azure, AWS and IBM momentum should continue and the recurring revenue model should also help. That said to hit forecasts they need another $26m in revenue which is a tall order! Let's hope Q2 is up on Q1 19 and H2 is 50% or higher than H2 18. A lot of work to be done but they're hiring in areas (below) to enable growth here's hoping the raise money is spent well and they get near to $30m as the Edison note estimates. Director of Partner Solutions - Responsible for technical delivery of partner strategy. AWS, Microsoft Azure, Google Cloud, Alibaba Cloud etcDirector Partner Alliances - Responsible for expanding channel reach and execution of GTM strategy with Strategic Partners. In depth partnership management in cloud and sales execution experience required.The above is several Months old and having just looked at their site they have 9 open positions, one in sales but the rest dev or software engineers so I assume the pipeline is good. In the old Edison note they suggested the significant strategic deal would contribute $7.5m first year and $10m second (Azure we assume and signed 15 July). This is meant to be embedded for Q4 so may not contribute as much this year. If they can improve on Q1 and post close to $10m H1 and get around $15m H2 it would be a good year and nearly 50% up on 2018. I can't see that they'll hit $30m. No doubt they miss it but revise their expectations along the way so say it's met the BOD's expectations which is what they did last time.

[horneblower] 18/9/2019 19:12

The chart's looking fine.

It bounced off the rising channel line just below a fiver and has now broken upwards through the falling resistance line at 545p.

This is good, standard stuff. Often, after a breakout the price revisits the breakout line which it hasn't quite done.

To do this it needs to fall back some more but this is not essential.

My feeling is that if it is up again tomorrow then it probably won't look back and we could see £6 plus quite soon.

Volumes are small but they have been for ages. This is a specialists share.

[jackdaw4243] 18/9/2019 18:54

Tnx
A report from the powers that be may help if its positive.

[redrag1] 18/9/2019 18:44

Technically looking quite pretty. 200DMA at 5.40 and 200 WMA at 5.00 both should now act as good support. Volume is the only negative as it’s pretty non existent but 5.68 and 6.10 are the only real resistance points between here and 8.58. Just need some 1/2 sensible numbers next week methinks!

[jackdaw4243] 18/9/2019 18:34

Tick
Do think we will ever see £9.00 plus again or are we in support and resistance at around £5-£6.

Someone must bought on the way up to £12.00, was it just me.

[tickboo] 18/9/2019 16:37

How're things looking for a technical POV horneblower?

[tickboo] 13/9/2019 10:37

Well the MMs seem keen to take this higher with the bus creeping up on very little. Bodes well I assume.

[tickboo] 12/9/2019 16:30

Thanks and here's hoping it stays above the pink line!

[redrag1] 12/9/2019 16:24

Well someone finally bought some stock - looks like they took 20k shares at £5. No idea if Blackrock covering their short but technically it looks quite pretty here. It’s been a wait and a half!!

[horneblower] 12/9/2019 16:05

It's clear that we are at a critical stage. The apex of the triangle approaches around the 20th October.

My hunch is that the balance of probabilities lies in a northerly direction with a target, for the moment, of £8 but eventually £12.

However, to achieve this it must break properly through the cyan descending line, which it might do soon or continue to squeeze into the apex of the triangle.

Beware a fall below the lower pink line. That would pressage going down as far as 220p.

[tickboo] 12/9/2019 15:47

What's your view on where we're headed?

[horneblower] 12/9/2019 15:29

Very interesting!

[tickboo] 10/9/2019 18:55

Last year they produced $5.7m H1 and $17m FY so $11.3m H2.This year we know Q1 was $4m and 40% up yoy so the prior year was $2.85m so it'd be great to be near to $10m H1 as we know H2 should be a fair bit better which is needs to be given forecasts. If they hit $10m H1 I'll be well pleased and think with the Azure deal although kick in Q4 $20m H2 could be feasible.Maybe not knowing DR!

[tickboo] 10/9/2019 18:46

WANdisco (LSE: WAND), the live data company, will announce its interim results for the six months to 30 June 2019 on Wednesday 25 September 2019.There will be a presentation to analysts on the morning of the results and an audio webcast of the presentation will be made available on the Company's website at 12.00 noon on the day.Following the results, the Company will host Capital Markets Days for research analysts and institutional investors in London on 15 October and New York on 17 October.

[jackdaw4243] 10/9/2019 17:41

Has DR given any trading update this year.

[tickboo] 02/9/2019 15:27

Agreed although most tech cos are valued at higher multiples than traditional models. I think $20m FY revenue is priced in at this level, anything more should see it move. If Microsoft is on board by end of this month Q4 could be $10m on its own. All ifs and buts with wand though but assuming $20m is achieved minimum I can't see it going much lower.

[owenski] 02/9/2019 15:06

It's sitting on a 220m valuation, bit rich

[tickboo] 02/9/2019 14:50

Q2 50% more than Q1 so $6m.

[tickboo] 02/9/2019 14:49

A fair take on it IMO. Maybe Q2 will surprise us and be 50% of Q1 but if it's around the same ($4m) the market won't be impressed. A $10m H1 won't be too bad as H2 and particularly Q4 always the big one.