Wandisco Share Discussion Threads

[mr roper] 25/7/2017 07:50

that's about as bullish an update as you can get. Very good metrics.

[tickboo] 25/7/2017 07:48

I also like this -Launched WANdisco Fusion 2.10, extending capabilities to Network File System ("NFS") devices which expands the Group's addressable market by in excess of $1 billion per annum-- Strong Fusion orders across multiple verticals and solid sales pipeline continue to underpin medium term growth expectations

[tickboo] 25/7/2017 07:21

Great news. The interim in 2 weeks should have more meat and a presentation. No dilution makes me happy!!! Great big data momentum.

[owenski] 25/7/2017 07:20

Got to be a key statement here -

"The combination of strong bookings, good cash collection and tight cost controls delivered in the period significantly reduced our cash burn to a modest $600k. This, combined with the new bank facility now in place, means we have the capital available to fund our future growth without further dilution, and the working capital to fuel sales momentum."

[hazl] 25/7/2017 07:16

what an excellent update!

[nimbo1] 25/7/2017 07:09

Trading Update

- Record H1 bookings of $10.2 million, up 73% vs H1 2016
- Momentum underpinned by strong traction with Fusion
WANdisco (LSE: WAND), the world leader in Active Data Replication(TM), provides the following trading update for the six months ended 30 June 2017.

Key financial highlights

-- Record total bookings secured in H1 2017, up 73% to $10.2 million (H1 2016: $5.9 million)
-- Big Data bookings secured for WANdisco Fusion ("Fusion") up 173% to $7.0 million (H1 2016: $2.6 million)

-- Source Code Management bookings of $3.2 million (H1 2016: $3.3 million)
-- Cash on balance sheet of $9.9 million, inclusive of $3.0 million from new growth capital facility

-- Cash burn (before borrowings on above-mentioned facility of $3.0 million) reduced to $600k in H1 2017 (H1 2016: $5.3 million) due to increased bookings and cash collections alongside significant reduction in cash overheads

Key operational highlights

-- Launched WANdisco Fusion 2.10, extending capabilities to Network File System ("NFS") devices which expands the Group's addressable market by in excess of $1 billion per annum

-- Strong Fusion orders across multiple verticals and solid sales pipeline continue to underpin medium term growth expectations

-- Significant contract wins for Fusion in the period include:
o Record $4.1 million contract with a major financial services multinational

o First contract in retail with $2.0 million order from major retailer

o $650k order with US Healthcare corporation - Fusion's first win in healthcare

-- Announced a new $5.0 million term loan facility with Silicon Valley Bank, with an additional $3.0m revolving credit facility

-- Fusion has adopted Oracle's Maximum Availability Architecture, increasing potential to add significant sales momentum to the existing channel partnership

David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:

"The acceleration of bookings in the first half is a key highlight for the Group. We have seen a significant increase in demand for Fusion across a number of key verticals, further demonstrating the broad appeal and requirement for our applications. From financial services to automotive, and more recently healthcare and retail, Fusion continues to establish itself as the only solution capable of enabling organisations to seamlessly move large volumes of critical data without any downtime or service disruption.

"The combination of strong bookings, good cash collection and tight cost controls delivered in the period significantly reduced our cash burn to a modest $600k. This, combined with the new bank facility now in place, means we have the capital available to fund our future growth without further dilution, and the working capital to fuel sales momentum.

"We continue to see significant traction with Fusion through our OEM with IBM and channel partnerships with Oracle and Amazon, all underpinning our confidence in the second half of 2017."

[tickboo] 21/7/2017 13:53

I put a dummy sell of 5,000 and was offered 6.26 which is over mid-price so looking okay.

[hazl] 21/7/2017 13:45

Yes interims 3rd

[tickboo] 21/7/2017 12:04

I'd think they'll be some punters piling in ahead of the interim's, traders looking to make a quick buck. Hopefully we get some news on more contract wins ahead of or with the interim report.

[nimbo1] 21/7/2017 11:44

struggling to break through that 6.5 barrier. perhaps news needed for that.

[tickboo] 20/7/2017 09:07

Oops, didn't think the first one went.

[tickboo] 20/7/2017 09:01

2 MMs now on the bid at £6.35 and one at £6.50, the next move higher imminent.

[tickboo] 20/7/2017 08:49

Now 2 MMs at 6.35 and one at 6.50, next move higher imminent.

[nimbo1] 19/7/2017 15:52

you are right owenski - I just bought my final 500 to round off my holding and paid 6.50. I couldn't buy more than 500 mind.

[owenski] 19/7/2017 15:47

Gotta buy this one on the dips to get hold of any.

[rafieh] 19/7/2017 15:46

Looks like you were right.:-)

[nimbo1] 19/7/2017 14:02

looks like it wants to go higher. v tricky to buy

[tickboo] 18/7/2017 14:20

Only two on the bid now, time to move up again with a buy or two.

[rafieh] 18/7/2017 14:01

The chart is beginning to look ready to blow its top. Explosive stuff. Furious breakout can be anticipated within the next couple of months.

[tickboo] 18/7/2017 11:43

Now come on, let's see this move to a yearly high ahead of the interim results which should be in August, 2-3 weeks away. Should be a good one assuming EBITDA positive for the first time and a decent ops update and positive sales pipeline. Looks like I won't get to 50,000 as next and last bit of cash expected end of August. Still happy as there's a lot more to come from WAN.

[tickboo] 18/7/2017 10:42

More good news and great the extensive testing was passed, another tick and more cross-selling opportunities. I've bought my final lot before the interim, 1,500 at £6.20bsnd will get another 75 to take me to 46,575, for some reason that sits better than 46,500. Hopefully a really decent set on interim results isn't completely priced in as it's gone up over 50% since April. We'll see. Maybe I should've waited rather than buying a fair few over £6 but it could well go higher after the interim's.

[garymegson] 18/7/2017 08:12

SAN RAMON, California, July 17, 2017 /PRNewswire/ --

WANdisco (LSE:WAND), a world leader in Active Data Replication™ and Gold level member of Oracle PartnerNetwork, is pleased to announce WANdisco Fusion® ("Fusion"), the Company's patented Big Data and Cloud solution, has adopted the Maximum Availability Architecture ("MAA") by adhering to Oracle's MAA best practices guidelines.
Fusion was verified as an enterprise-grade solution able to meet Oracle's MAA best practices blueprint for optimizing high availability and disaster recovery at the lowest cost and complexity. Oracle Big Data Appliance and Oracle Big Data Cloud Service customers will now be able to continuously replicate selected data at scale between multiple Big Data and Cloud environments with guaranteed data consistency and continuous availability, regardless of where data is ingested or changed. This will give WANdisco access to Oracle's Big Data Appliance and Oracle Big Data Cloud Service customers throughout the world.
The adoption was secured after rigorous testing by the professional services firm Accenture.
Fusion's adoption of Oracle's MAA best practices was pivotal to secure the implementation of WANdisco's $1.5 million contract, as announced in October 2016, with a leading US financial services institution, which is a large Oracle customer.
David Richards, Chief Executive Officer and Co-founder of WANdisco, commented: 
"Today's announcement is strategically pivotal in the development of our relationship with Oracle. The adoption of Oracle's MAA best practices with Fusion has the potential to add significant sales momentum to our channel partnership.  
"After extensive testing, WANdisco Fusion was found to be the only solution to enable Oracle customers to meet strict service level agreements across Big Data and Cloud deployments. This further validates the unique capability of our technology to move continuously changing data at scale with no business disruption." 
Neil Mandelson, VP Big Data Product Management, Oracle said: 
"With WANdisco Fusion, Oracle customers can benefit from an architecture that simplifies high availability as they move to the cloud for critical analytics applications, backup and disaster recovery."  
To learn more please register for our webinar on Thursday 20th July at 0830PT / 1630 BST here
About WANdisco 
WANdisco is the world leader in Active Data Replication™. Its patented WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers with guaranteed consistency, no downtime and no business disruption. It also allows distributed development teams to collaborate as if they are all working in one location. WANdisco has an OEM with IBM as well partnerships with Amazon Web Services, Cisco, Google Cloud, Hewlett Packard Enterprise, Microsoft Azure, and Oracle to resell its patented technology. WANdisco also works directly with Fortune 1000 companies around the world to ensure their data can give them the real insight they need. WANdisco has 10 registered patents and 28 pending internationally.
For additional information, please visit wandisco.com.
About Oracle PartnerNetwork 
Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle's products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program - an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: hxxp://www.oracle.com/partners.
Trademarks 
Oracle and Java are registered trademarks of Oracle and/or its affiliates.  
For further information:

WANdisco plc  
Alexandra Gee, VP Marketing & Communications
[e-mail]

[tickboo] 17/7/2017 21:53

2x50,000s went through at £6.05 and £6.10 on 13th, hard to tell what they were. A transfer perhaps.

[nimbo1] 17/7/2017 11:43

looks good - couldn't get a quote to buy any this am. although happy to hold what i have.

[tickboo] 17/7/2017 11:36

Interesting CFEP are on the bid and ask, time to move higher still. Come on,get back above £6.50 this week!