Wandisco Share Discussion Threads

[ralphmalph] 02/7/2020 10:44

edit FY18 not 19

[ralphmalph] 02/7/2020 10:44

Also forgot to mention that in FY19 no customer generated more than 10% of revenues.

[ralphmalph] 02/7/2020 10:42

Some interesting nuggets in the annual report. Revenue in the US fell from 13.8m FY2018 to 6.5m FY19. Whoops a daisy. rev in China went from .8m to 5m. South Africa zero to 2m. So Mr Richards needs to give his US sales boss a big kick in the butt, if they are still in a job after that performance.

A section on the large customers in FY19 three customers were 19%, 13% and 11% of total revenues. So three customers were 43% of total revenues! In FY18 1 customer was 32% and another 15% so 47% of total revs with 2 customers.

This is very, very worrying. WAND has said that they are going an indirect subscription model to provide reliable Y on Y revenues from the customer base. Well the above indicates this has been a complete failure 4 years on from the announcement, they are still totally dependent on "one off" big deals from large customers. Very,very disapointing to say the least.

[maxim1999] 01/7/2020 14:29

That's what I am in for . The bid . That if it comes will be north of £12 and I understand the management want £16. Seems like a waiting game Ofcourse

[maxim1999] 01/7/2020 14:28

Thank you .

[superbobtaylor] 01/7/2020 10:23

If this takes off in Azure I can see a bid coming from MSft.

SBT

[bamboo2] 01/7/2020 08:52

max, The breakaway gap down on 12/6/2020 formed as a result of the placing marks the first line of historical resistance at 688-712, and we have seen that tested this morning.

Once this is filled next hr zone is around 800-830.

Longer term an eod close above 834 confirms a tp above 1050

Near term target based on the recent flag/pennant is currently 890 [measured from the lowest point of the flag.]

[owenski] 01/7/2020 08:48

Would be nice to have some projections I guess.

[owenski] 01/7/2020 08:47

So what are they looking at realistically for this year. £40m revenue.

$1m is only about £800k.

Looking at their financial statement, I'm of the opinion that they might need to raise funds yet again before another year is out

[maxim1999] 01/7/2020 08:36

Price target anybody . I am in at 840. Any chance it gets back there ?

[nimbo1] 01/7/2020 08:14

not sure but bought back some - this could be it for wand - Microsoft selling their stuff and executing (surprise surprise!)

Looks like there is an overhang from the placing - understandable!

[bamboo2] 01/7/2020 08:13

nimrod22, agree, yes, I also thought Tesco

[bamboo2] 01/7/2020 08:12

How many years have we waited?

Good luck all!

[nimrod22] 01/7/2020 08:11

The FT shows Tesco as having over 400K employees, Sainsburys less.

[redrag1] 01/7/2020 08:04

Morning - does today’s RNS finally - yes finally - suggest we can start looking forward to some monetisation of Wand’s product library?? Fingers crossed!

[bamboo2] 01/7/2020 07:58

1 July 2020

WANdisco plc

("WANdisco" or the "Company")

Contract momentum including major supermarket

WANdisco (LSE: WAND), the LiveData company for machine learning and AI, announces that it has signed an initial deal worth up to $1m with a major British supermarket. In addition, there has been strong uptake for the Group's Azure Cloud product, with 11 companies registered in the first month of public preview.

With the completion of this deal with one of the UK's nationwide supermarket chains, WANdisco's technology will be used on-premise for data consistency and then subsequently for migration to the Azure cloud. The supermarket serves millions of customers each week, online and in store, and employs over 400,000 people throughout the UK.

Since entering public preview on 1 June 2020, the Company's Microsoft Azure LiveData Platform has registered 11 companies for the service. This strong momentum during public preview is in line with the Group's expectation to sign 50 new customers within the first 12 months of operation.

WANdisco CEO and Chairman David Richards, commented:

"This deal with one of the UK's largest supermarkets reflects trends across the global retail industry to harness the power of big data and analytics through the cloud. With the backdrop of COVID-19, retailers are fast tracking their cloud journeys as digital and physical commerce become ever more intertwined. Our momentum registering new customers for our embedded product, with eleven signing in the first month of operation, provides further confidence in our partner led strategy."

[maxim1999] 26/6/2020 18:36

Does this have a target in? Is there a view out then as to when the stock has a run again and what the catalyst may be ?

[bg23] 15/6/2020 11:03

hxxps://www.edisongroup.com/publication/placing-fy19-results-and-forecast-update/27062

[melton john] 14/6/2020 20:19

I wouldn't assume anything of the sort. This is just another lifestyle company for the directors and why would they start making a profit for shareholders. "There is more money looking for a good investment than good investments looking for money" a wise person once said. So true.

[zammo_1] 13/6/2020 12:30

You have assume that if they raised Capital this is still a good investment. There more data centres being built that ever FB equinix DLR interaxion etc so data replication just going to grow

[owenski] 12/6/2020 16:05

Tickboo, that was funny ;-)

[tickboo] 12/6/2020 11:43

Death, taxes and a WAND raise are the 3 guarantees in life. My teeth are rotten from the jam I've consumed over the years! I was lucky to sell some at over 800p after the Azure RNS and I still have nearly some 7,750 and will leave them for a good while. Depending on other performances I may buy more back as if they get a similar deal with AWS it'll be massive although it has taken nearly a year from signing with Azure to public availability.

[owenski] 12/6/2020 11:33

This is a geek company, loved by and enthused over at US tech conventions by shed loads of other geeks, clever product and very clever people all in love with each other's 'awsomeness'............ But, that doesn't necessarily translate into a business.

Ever since I took an interest in following these they actually had to keep changing and revising the business model, the IBM sales force direct marketing opportunity never came to anything, Hadoop was the future until everyone transitioned to the cloud, the rate of uptake in cloud adoption has underpinned most tech focused businesses revenue, except for WAND's, which is strange considering how they market their product's necessity.

Oh, and so much for the biggy that is/was JEDI.

Maybe WAND just aint the must have element that they believe themselves to be.

Anyway, maybe Azure will come good, but WAND's track record isn't convincing and occasional $1m a pop announcements just aint what's expected and is small potatoes.

IMO

[melton john] 12/6/2020 11:17

Dear me, I just read my posts from 3years ago and not really any further forward apart from the number of shares. If this product was what everyone needed, why can't they sell it at a profit. Commiserations to holders.