Wandisco Share Discussion Threads

[zagrosfold] 21/1/2017 12:20

Main reason I would have thought would be a bid by one of their customers. It would be a drop in their oceans to spend half a billion {at least}.

[sharesevents] 19/1/2017 15:08

Promotional post - The Growth and Innovation Forum will show you how to take advantage of new investment opportunities in technology stocks and funds. Come and see David Richards, Interim Chairman, President, CEO & Co-founder - WANdisco and 20 other companies present at the Growth and Innovation Forum on 31st January 2017 at Business Design Centre London. Find the next stock market ‘winner’. Satellite Solutions Worldwide +79%, CyanConnode +43%, Instem + 44%, Summit Therapeutics +32% and XLMedia +46% all attended last year. Click to register to attend for free

The other companies also presenting Jaywing, RedstoneConnect, Blancco Technology Group, CloudCall, Frontier IP Group, CyanConnode, Bango, LoopUp, CityFibre, TP Group, AJ Bell, ANGLE, Legal & General UK Alpha Trust, Defenx, Instem, WANdisco, Collagen Solutions, Avacta, One pm Finance, Cenkos Securities and Mirada.

[isaready] 18/1/2017 17:43

looks good, shame I missed £2.

[qs99] 18/1/2017 14:04

may have further to go IMO with US opening 20 mins away...let's see,

[qs99] 18/1/2017 11:44

fair play to WAND, the market obviously loves the update and fact it is moving towards success IMO...Gla but blimey what a fall, and blimey what a come back!

[albanyvillas] 16/1/2017 09:14

RNS Number : 0031T

WANdisco Plc

29 December 2016


For immediate release 29 December 2016

WANdisco plc

("WANdisco" or the "Company")

Director Dealings

The Company was notified that David Richards, Chief Executive and Interim Chairman of WANdisco, sold 23,920 shares at a price of 200 pence per share and 25,000 shares at a price of 195 pence per share on 28 and 29 December 2016 respectively. As a result the beneficial holding of David Richards is 2,589,233 Ordinary Shares representing approximately 7.0% of the Company's issued share capital of 37,002,330 Ordinary Shares.

In addition, Erik Miller, Chief Financial Officer of WANdisco, bought 10,000 shares at a price of 205 pence per share on 29 December 2016. As a result, the beneficial holding of Erik Miller is 10,000 Ordinary Shares representing approximately 0.03% of the Company's issued share capital of 37,002,330 Ordinary Shares.





more dump coming

[battlebus2] 16/1/2017 07:53

Excellent update... defying the critics. Now we need to turn revenue into profits, if we use the current scale of increase we are not that far away. DYOR etc.

[3rd eye] 16/1/2017 07:47

WANdisco says total FY bookings up 72% on year
16 January 2017 | 7:14 AM Back to articles
WANdisco said its total bookings are up 72% on the year to $15.5m, and that Big Data contract wins have underpinned significant business momentum.

"We are delighted to have achieved record bookings in the fourth quarter of $6 million and total bookings for the year up 72%," said CEO David Richards.

"Additionally, operating at nearly cash flow break-even during the quarter reflects the significant action taken to reduce our operational cost base, which coupled with our improved booking performance has dramatically reduced our cash burn rate, ending the year with no net debt," he said.

"The key focus for 2016 was to establish our partner network and during the year we successfully secured our IBM OEM agreement, as well as two significant channel partnerships with Oracle and Amazon.

"These partnerships are both strategically important to WANdisco as well as already significantly contributing to our bookings performance.

"We have begun 2017 with a strong new business pipeline and a significantly reduced cost base, which together, will further our progress towards profitability."

HIGHLIGHTS:

- Record bookings secured in Q4 2016 up 97% to $6.1 million (Q4 2015: $3.1 million)

- Bookings in H2 2016 up 109% to $9.6 million (H2 2015: $4.6 million)

- Total bookings for the full year 2016 up 72% to $15.5 million (2015: $9.0 million)

- Cash of $7.6 million at 31 December 2016 (30 June 2016 $1.1 million)

- Cash burn reduced to $200k in Q4 2016 (Q4 2015: $6.9 million) showing a significant reduction in overheads

- No borrowings on the revolving credit facility ('RCF') as at 31 December 2016 (30 June 2016: borrowings on the RCF of $3.8 million)

[bigbigdave] 16/1/2017 07:44

Very positive update, WAND turned a corner here?

[battlebus2] 13/1/2017 16:16

👍 pleased to see these higher.

[shaunstar] 13/1/2017 15:59

I dont buy it Gorilla - the companies revenues are falling as per results statements. Why do people think revenue is rising?

and for an £80m mkt cap.

Bonkers.

[gorilla36] 11/1/2017 11:54

Standish11 - have just read the PPS article. Basically says the technology is good, but it got ahead of itself share price wise. The ugly board room battle last year did not help. New customers are coming on board (Google/IBM/Amazon)and cash burn is down. He basically says they have a chance if the take up in revenue outlasts the cash burn. Watchlist for me at the moment, no more than that though!

[standish11] 10/1/2017 19:37

Am told that it has been tipped in the Penny Share Letter.

[kop202] 10/1/2017 16:27

More MM mayhemSP up 26% on no newsNo comment from the company either

[itchycrack] 19/12/2016 08:29

Its still a dog! Woof! Woof! :-)
When the market turns this is going to tank!

[shauniekent] 19/12/2016 08:05

I'll get bullish when they manage to stop revenue decline, rather than sign one off contracts which is light on detail (maybe 200k/yr?)

Meanwhile joint broker = another placing. Imminent. They need cash by overdraft repayment date early next year.

[battlebus2] 19/12/2016 07:23

Another contract win with IBM tie up, this time a major Automotive.

[battlebus2] 16/10/2016 00:23

Article in the FT won't help the share price.

[shauniekent] 10/10/2016 07:25

I was expecting something material....
It doesn't state over how many years or when they start. It could be over 5 years starting next yr ffs. And tbh those numbers are not significant in the face of wandisco huge ongoing cash burn.

Speaks volumes the recent trading update gave NO numbers.

Instead we get more promises about this pipeline of jam that's just round the corner.
"Our new business pipeline for cloud solutions continues to grow."

[battlebus2] 10/10/2016 07:10

Appointments.....and two contracts...