Wandisco Share Discussion Threads

[sphere25] 12/6/2020 11:10

Spot on Owenski.

Richards has been promising the world to investors here for what appears to be eons now and the delivery has come in the form of:

Revenue for the year $16.2 million (2018: $17.0 million)
Statutory loss from operations $28.3 million (2018: $19.7 million)

Retained losses are a whopping $122 million and yet somehow he manages to keep the market buying the jam here. Richards deserves a medal to be able to keep spinning the plates like he has so far and to be able to raise money at what is a bonkers valuation imo.

You'd think the market would be more apprehensive valuation wise and less trusting with a company that has form in non-delivery, but not with Richards spinning the plate.

Perhaps the future is brighter and there will be delivery, in some form (oooerrr), but on the whole definitely give Richards an award ha

[owenski] 12/6/2020 08:47

Interesting statement -

"The future of analytics and in particular machine learning and Artificial Intelligence ("AI") is in the cloud. Our partnership with Databricks highlights the growing demand for non-disruptive solutions for bringing data to the cloud. In this regard we are uniquely positioned."

It seems to me every time I read a statement from WAND they're always uniquely positioned, and yet here they still are, it also seems they keep having to tweak the business model and offering, now it sounds more like a glorified app.

[owenski] 12/6/2020 08:43

More jam tomorrow, don't know what to make of WAND, costs up and rev. down, lots of waffle about what they're up to, but for a must have cloud migration product, it still doesn't seem to be getting anywhere, and now yet another fund raise not at a premium this time though.

[bamboo2] 12/6/2020 08:13

Bought a few at 667
Measuring gap [696-716] from 2/6/2020 filled
Potential turn today, current tp approx 950

[cerrito] 11/6/2020 17:11

maxim1999
You have your answer now as people could not keep their traps shut.
Too bad that no primary bid option.I see that last April 60odd pc of the shares were in hands of holders of 3pc plus which does suggest there must be a decent retail following.

[martinmmcc] 09/6/2020 14:22

The National Bureau of Economic Research made the official designation that they were in a recession yesterday. I think most would have been more surprised if they had said they weren't in a recession

[maxim1999] 09/6/2020 13:05

Why the sell off ? Any body know ?

[zammo_1] 06/6/2020 11:15

I agree tickboo. Copycat marketing and if Wand prove to have solution then hopefully they will jump on board. It is also easier for Wand Value proposition when the competitor is already using it. Of course as someone said on this BB. It maybe they get bought out.

[tickboo] 06/6/2020 10:51

JP Morgan Asset Mgt reduced its short by 0.06% on 4th June. Now stands at 0.59%. I assume they'll look to reduce further next week as I imagine this is the beginning of Azure contract RNSs dropping. Surely AWS et al will see this and want to offer the same. The easier it is to get large clients to migrate to your cloud the more you're likely to win.

[tickboo] 05/6/2020 09:59

JO Morgan Asset Mgt reduced its short by 0.15% on 2nd June. Now stands at 0.65%.

[redrag1] 05/6/2020 07:50

Another quality RNS! Time to fly my little one....

[zammo_1] 03/6/2020 08:32

I agree this is a good Target price

[maxim1999] 03/6/2020 07:46

Take out Price is £14 so we have to stick with it a bit longer

[zammo_1] 02/6/2020 15:15

Yes I agree the only thing is I got caught with Wand a few years back. It was up above 10 and came thundering down, it took me a while in buying more to bring average down but it’s now paying off!

[nimbo1] 02/6/2020 13:45

I've been buying a few more into the price strength and volume increase...when you are up its the way to go... yesterday am buying just above £6 was a gift.
(for the moment : ))

[zammo_1] 02/6/2020 10:53

I hope so... I reduced my holding yesterday by A fifth but I had waited along time to come out the red and obtain some capital. Now I need to decide if to stay in for the long run or bow out when I’ve doubled my money.🤔. If looks like it to going back below 6?

[redrag1] 02/6/2020 10:14

i bought this stock 3 years ago at £4 and have enjoyed the slings and arrows of fortune! I was always optimistic given its ability to raise money from strategic investors at a premium to the mkt which told me it knew exactly where it was going. The only missing ingredient- a major one! - was the company’s inability to make money. That might be behind us now.
IBM to buy it it at £20/share ....

[nimrod22] 02/6/2020 09:36

lets see if the share price can head back up to the £10 range

[nimbo1] 02/6/2020 09:35

The key for me rereading the news from yesterday is how much strategic value does wand have - the Microsoft news was massive...but I have no ideal how to value it. Could make wand worth $1 billion or more depending on whether Microsoft or amazon want it exclusively?

[zammo_1] 02/6/2020 09:33

Will help on the JEDI contract? It just guessing how long the share price will go?

[zammo_1] 02/6/2020 09:31

Yeh I saw that 👍

[superbobtaylor] 02/6/2020 08:56

I would expect that InfoSys are cloud agnostic so they might well get some AWS deals on the back of this.

hxxps://www.infosys.com/services/cloud/offerings/cloud-migration-services.html

SBT

[tickboo] 02/6/2020 08:34

A great couple of days and the most important thing is for them to have enough cash on the balance sheet to reach cash flow break even and then to finally generate cash so have a sustainable business and not need raises to fund growth. I think they're finally at that point as am sure the Azure sales teams will be pushing this as it benefits all. A seamless migration to their cloud.Surely AWS will be looking on and may think it missed a trick so may get on board with a similar arrangement.