Wandisco Share Discussion Threads

[tickboo] 26/7/2017 12:56

The question is will the interim presentation have an effect on the share price and sentiment here? Unless it's awful it shouldn't be negative and should hopefully push this through the £7 mark.

[tickboo] 25/7/2017 17:09

Good to see I could sell 10,000 in one go only a touch under the mid-price. Hopefully today's update will get on some radars, particularly with the interim due in a week or so.

[x54v] 25/7/2017 16:33

Finished strongly.

Good volume today as well.

[tickboo] 25/7/2017 15:28

Ah, fair enough. Good to now see 3 MMs on the bid and still one on the ask and last buy nearer to £6.85. I want to see this smash through £7, good to see WAN mentioned in today's Evening Standard - just picked one up.

[x54v] 25/7/2017 14:48

No probs.

You see choice when for example one MM moves up on the bid but the opposing MM on the ask hasn't yet moved up. At that point both bid and ask are the same and a choice has to be made. Either the MM who moved up on the bid can move back down again or the MM(s) on the ask have to remove the offer(s) at that price.

[x54v] 25/7/2017 14:05

I think it's a crossed market rather than choice.

Crossed is where the ask is lower than the bid.

Choice is where both are the same.

[hazl] 25/7/2017 13:53

I think it's known as 'choice'.
Bodes well I think.

[tickboo] 25/7/2017 12:07

That version of fusion was only launched in March '17 for sure but they are still including the couple of months beforehand for the old version. I agree though, I imagine H2 will beat H1 as far as fusion sales are concerned given the new markets penetrated, new strategic partners so surely the only way is up!

[scrutable] 25/7/2017 11:42

The constant level $3.2m of source code management bookings in the mix for H2, obscures the numbers for the colossal potential of Fusion.....

The RNS says: "Big Data bookings secured for WANdisco Fusion ("Fusion") up 173% to $7.0 million (H1 2016: $2.6 million)

The launch was only in March 2017, So I expect an even greater increase in Fusion booking figures for H2.

CEO David Richards also says "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.

Quite clearly Wand is establishing itself as the well patented, sole supplier to global giant businesses of every kind for "the replication of continuously changing data to the cloud and on-premises data centers with guaranteed consistency, no downtime and no business disruption".

Eureka!Bonanza!

[tickboo] 25/7/2017 11:32

Edison update - Interesting they’re predicting an EBITDA OF (4.2) given the cash burn in H1 was only $600,000. Maybe on advice of the CEO who now realises it’s better to exceed expectations than hype it up and miss targets.



WANdisco’s trading update confirms the positive start to the year, with bookings ($10.2m, + 73% y-o-y) and cash burn ($0.6m) significantly better than the run rate implied by our FY estimates. We believe that positive momentum should continue into H2 both financially and from a strategic perspective, with the addition of other tier one strategic partners being a key milestone to look for.

Year end Rev EBITDA PBT EPS Net cash EV/sales

12/15 11.0 (16.0) (26.4) (87.7) 2.6 27.3
12/16 11.4 (7.5) (16.4) (46.9) 7.6 25.9
12/17e 15.7 (4.2) (13.4) (34.0) 4.2 19.1
12/18e 21.6 (0.6) (10.2) (25.1) 8.4 13.9

[tickboo] 25/7/2017 11:18

nimbo, it ain't thatfar from a $500m market cap co now, I expect it to surpass that by YE! Well £10 a share with no more dilution which seems the case will give a market cap of £367M and that's what I reckon by YE.

[nimbo1] 25/7/2017 10:47

Whats really great here is we can now just relax - no more dilution, a great product and a huge market to go after. In 5 years time this could be a $500 million company or it might be in the billions. Who knows. But I am feeling like a relaxed holder here. Almost as relaxed as with my unilever shares ; )

[tickboo] 25/7/2017 09:41

Weird, I just bought 65 to round up my total and I bought at £6.70 but before put a dummy sell of 3,000 and was offered £6.70.225. MMs get the bid up then!

[tickboo] 25/7/2017 09:29

Good there are 3 MMs on the bid but the spread needs to get tighter to encourage more buying, hopefully they up the bid as this should have a long way to go. Any chartists out there?

[tickboo] 25/7/2017 09:25

The size of the big data market is huge and yep, exceeding expectations which is good. Maybe Dave Richards has learnt a valuable lesson, be a little more conservative and exceed expectations. Hopefully they'll be able to gain more traction in the new sectors they;ve penetrated, this could easily be double digits by the next quarterly update in Oct/Nov time with some decent contract wins.

[hazl] 25/7/2017 09:13

....they are pulling out the earlier trades now

from 8.08 by the looks of it.h

[hazl] 25/7/2017 08:28

Good post Mcfly....it bodes very well and forecasts no doubt will be upped.

OT
VELA is only a small firm but they have a chunk of BTL which is also a successful data company.
Am in those as well.



IMO

[hazl] 25/7/2017 08:22

To catch people out? 8-)

[panic investor] 25/7/2017 08:21

Why the trading update when results out on or around 2 August ?

[hazl] 25/7/2017 08:07

data data data

[rafieh] 25/7/2017 08:01

£7 this morning?

[mcfly79] 25/7/2017 07:53

Very pleasing update.Edison had a cash burn of $3.4m for the year in their last note which now looks far too pessimistic.They also forecast big data bookings of $11m for the year and the company has delivered $7m in H1 alone.