Wandisco Share Discussion Threads

[kemche] 11/9/2023 09:50

Stupendous results!

I will buy some more at the next fundraising.

[owenski] 11/9/2023 09:00

It's just a glorified 'App' on another vendor's platform, can't see it needing more than a handful of techs to run it, certainly not a boat load of freeloading directors.

Richards kept this lifestyle con going for years, jam tomorrow until it became bleeding obvious the jam weren't arriving, then they hid behind a massive con trick.

Some businesses shouldn't be floated, this is one of them.

[cc2014] 11/9/2023 08:34

I still don't get this stock.

They raised $30m just a few months ago and by Christmas it will down to £16m.

I'm sure the management have been busy cutting some costs but it doesn't take a genius to work out the cash burn is crazy high and do some modelling to work out how long before they need another cash raise.

[owenski] 11/9/2023 08:34

Jeez, still a pile of poo, avoid, bargepole.

Richards and fatso Millar still not being held to account for this fraud???

[terminator101] 11/9/2023 07:17

Revenue down
Losses up

Forecast for tiny revenue continues

Yet this loss making lifestyle pish has a market cap of over £75 million.

#bloodbath

[bones698] 08/9/2023 08:27

Unfortunately the deals aren't coming anywhere near fast enough or in size and the funding question will be getting asked quite soon given the burn rate . Unfortunately after a spike on hype and some readers it's heading back to where it started and probably lower as time passes and no big deals get signed

[strange1] 07/9/2023 03:02

Revenue multiplier of 10 for a no/ low growth business......lol

[biztech] 06/9/2023 09:43

Hi All, I've just released my latest video on CIRATA (#WAND) where I review of the recent share price movement and consider why the share price has dropped and when it is likely to recover. Please share if you like... https://youtu.be/fxpRhb4U5Uc#cirata #WAND #wandisco #stephenkelly

[bones698] 01/9/2023 15:28

As I said when it relisted the problem is they need to sign deals worth over 400k approx every week just to break even before the cash runs out . They are nowhere near that figure and getting further away every day .
They will require another big fund raise in the not distant future because if they leave it late the share price will crash as everyone will know they are potless at that point so most tend to raise early .
The share price is already heading south as people realise they simply aren't doing enough business or deals .
Anyone who had a clue has sold already .
Next funda raise probably 30p by the time it comes

[hamidahamida] 31/8/2023 11:38

Every since listing this placing happy company has disappointed every time, promised the earth and delivered disappointments, and finally cooking the books.Ask yourself why the so called holy grail software has failed big time after years of trying?Ask yourself why is this cash hungry company with years of failure record behind it is still worth over 80 million?-:-Barge pole stock not even worth 5p based on what it has delivered

[strange1] 31/8/2023 11:26

Back to normal.......with WAND that means a environment of losses, cash outflows and imaginary revenues

[scrutable] 30/8/2023 18:56

Very disappointing RNS: no intimation of current trading or the 'pipeline' referred to earlier.
Wally can you give us any feedback on current trading or expectations ie can you add anything worthwhile to your previous posts, after attending the meeting??

[wally27] 30/8/2023 13:58

I was there. All resolutions passed and CEO saying business back to normal with lots in pipeline.
AGM RNS to follow.

[davidosh] 30/8/2023 13:29

Did nobody attend the Agm?

[scrutable] 30/8/2023 13:26

Was there not an AGM called for 10.00am today?. Surprisingly there has been no RNS statement yet but 68 buys are recorded against just 12 sells so far today. After the shocking facts of the previous fraud and mismanagement that implies awareness of reassuring news from individuals working locally or actually in the company.
I am impatient to read current facts, as I expect we all are.

[wally27] 23/8/2023 22:56

Right place right time...

[dr biotech] 23/8/2023 10:47

The 2018 share price was built on misplaced optimism


CEO stated at the time

This has been a pivotal year for WANdisco - following the transformation of our financial position during 2016, we have focused on building a commercial strategy which will deliver sustainable long-term growth. By expanding our partnership ecosystem we have significantly extended the reach of WANdisco Fusion, unlocking new sales opportunities in a cost effective manner.
Our partnership with IBM brought two new record contracts during 2017 and integrations with AWS, Microsoft and Virtustream give me confidence that we can take advantage of the significant market opportunity for WANdisco Fusion. Organisations across the world are recognizing the value of being able to harness live data at scale and our technology is gaining increasing traction across new sectors and markets.
Our strategy is delivering clear results; we have increased revenue by 73% while maintaining control of our costs, bringing us significantly closer to our goal of cash flow breakeven. We have started 2018 with a strong new business pipeline and I am confident WANdisco is well positioned to take advantage of a wide range of sizeable growth opportunities."


Following years sales went sharply into reverse, increased losses..


Year End 31 December 2018. 2019 2020 2021 2022
Total Revenue 17.02M 16.16M 10.53M 7.31M 9.69M
Operating Income -23.24M -27.18M -33.91M -37.7M -40.35M
Net Income -19.71M -28.26M -34.33M -37.6M -29.61M


Until (if) they sign worthwhile contracts, I’d steer clear.

[scrutable] 23/8/2023 10:24

To get an idea of just how rapidly and how far the torrent of data has developed without the business world noticing.

[scrutable] 22/8/2023 19:19

Has noone else noticed that the WAND share price lay above £5 for 4.5 years before the fraud could have begun?

During that period, and also for a year around 2014 and 2018 it was often above £8 reaching peaks of £12 and £14? Only once did it near a low point of £2. Which is why the relisting price of 50p was a steal - albeit necessary to brush aside our natural fears.

The General Motors contract tells everyone, not in shellshock from the fraud, that the
data world recognises Wand's unique ability and I expect several similar surprises at, or before the AGM.

The recognition must come and the timing is fantastic. Generative AI is coincidentally poised to control our lives. We will all soon be dependent on the understanding AI will bring to the exploding universe of data, driving our behaviour and innovation in science, technology and commerce.

[babbler] 22/8/2023 12:50

The rumour he made up.

[firestorm911] 17/8/2023 21:17

Good shs

Back to 128.6p?

Regards
F911
RMC

[billthebank] 17/8/2023 13:12

What rumour?

[wally27] 17/8/2023 13:10

Rumour is that Tesla is next on the list!

I've increased my long position again.