Wandisco Share Discussion Threads

[kop202] 08/8/2017 10:52

Melton JohnHave IBM been foolish ....what are your views?

[hazl] 08/8/2017 10:32

I will just say...
very interesting posts concerning the technical basis behind it.

CONTRACTS and money coming in will be the eventual judge I think.

[knighttokingprawn] 08/8/2017 10:23

Melton John. As I understood it Fusion runs on any storage that's supports Hadoop distributions but also local storage & NFS (netapp), also runs on Linux as well as cloud object storage systems (AWS)S3. So the "claimed" USP is that it can move transaction far in real time without loss across clusters and between clusters running in a variety of environment (distributions, filesystems, and cloud storage). One is right to be sceptical and I would welcome more technical input on this. I am leaning heavily on the IBM usecase for spark (as well as other deployments announced), and AWS snowball.

[someuwin] 08/8/2017 09:37

Bought a few more.

[hazl] 08/8/2017 09:27

They mess around with the spread in illiquid stocks like this and it makes it appear even more volatile.
Anyway going to try to get away from the desk this morning.

[melton john] 08/8/2017 09:22

Thanks for the replies, I hope that your faith is rewarded, I really do, my scepticism is the result of years of disappointments from shares with "potential" which never materialised. I have worked in IT for 50 yrs and seen lots of new ideas some which made it some which didn't. A bit of searching showed that the system which Wandisco runs on, Apache Hadoop is an open software platform which supports wide area network distributed computing. Apparently it automatically keeps 3 copies of data on different nodes of the network, so what is the USP of Wandisco? Anybody?

[nimbo1] 08/8/2017 09:04

lets hope. Thanks for the detailed posts above. I wasn't expecting such a quick move but invested for the long term potential and thoughts that a company like this could have a future valuation in excess of a billion...without any specialist knowledge to back that up. I like its unique offering into a booming market and will continue hold and look forward to the interims and presentations etc.

[rafieh] 08/8/2017 08:44

Bulls have it here. Seems the next stop is around £10 mark.

[knighttokingprawn] 08/8/2017 07:12

Melton John, it's a great question. FWIW been able to move transaction data on the fly (in real time) is a very difficult problem to solve. As I understand it ( I am not an IT guy) the essential value add here is that in any instance where you need to shift transaction data around from one database to another and you want to ensure the underlying application can run with no downtime then wand fusion is the way to do it. Downtime costs money. Wand appears to be finding many applications where fusion may be rolled out. In a cloud orientated world lots of real time data will be "moving" from behind the firewall to the cloud and back again. The recent article on snowball (AWS) and Fusion in register is worth a read. It's an application where by Fusion is used to "Update" or maintain a consistent record of changes to the transaction data. I think additionally that the use of Fusion in the AWS stack is a real validation of perhaps why they do have something that is hard to do? (Amazon must be trying a work around they generally do). As I understand it spanner from google will also allow you to pass real time translation data around the world from Db to db , but this is orticukar to google clouds, using satellite synchronisation , clocks , and so on.. maybe if we have any one who really understand this stuff looking in they could help us understand the competitive offering? Valuation is indeed extreme for the company now, so implicitly we must collectively believe that a take out or large orders in the offing... at £10 per share we are at £390 market cap if was very generous I make pay 10 x sales for that high growth company, that means we need circa £40 million of sales to turn up in pretty short order? Fwiw I am long but i am under no illusions it needs to start posting some big orders to jutsify momentum?

[tickboo] 08/8/2017 07:10

Well put scrutable. I guess some look at the 3 year or even 3 month chart and think they've missed out but this was £15 (albeit with fewer shares in circulation) 5 or so years ago and there's no reason it won't get there as quickly as it came down from there. Big data is a hot topic and will remain so for a good while and no-one else can match Wandisco's unique product. Am here for the long haul.

[hazl] 07/8/2017 21:44

Ah but it isnt a high!You probably haven't looked at the five to ten year chart.now l realise you're actually interested.

[hazl] 07/8/2017 21:29

Thanks sogoesit

[sogoesit] 07/8/2017 20:23

thanks tickboo and hazl for feed-back; may add to the position now.
noticed you had disappeared from PRSM hazl... looks like its ready to take-off again (from chart).
apologies for OT.

[grabster] 07/8/2017 19:19

Increased my stake today.

[melton john] 07/8/2017 18:54

The algorithm may be patented but more than one way to skin a cat. Because you can't see anyone doing it a different way doesn't mean no one else can.
I'm hoping that maybe someone who has bought this share knows what the big deal is in duplicating data across a wide area network cluster containing many different computers and why no one else can do it. Maybe not. Thanks Scrutable but I don't chase high risers without knowing something about them, been caught high and dry too many times.

[hazl] 07/8/2017 16:55

After any rise there's always somebody 'helpful' that tries to spoil it.
Roll on interims and contracts,I say!

[tickboo] 07/8/2017 16:48

The algorithm is patented and I can't see anyone replicating what they have which is why no-one has. No other product can guarantee no down-time -

Active Data Replication™ (ADR) is WANdisco's patented technology that enables continuous consistent connectivity to data as it changes wherever it is located. It provides you with access to your data anytime and anywhere with no downtime and no disruption.

[hazl] 07/8/2017 16:45

I think it's time for the 'data data data' video.

[melton john] 07/8/2017 16:35

They've written a software plug-in to standard Apache open software as I understand it, I don't see what's to stop someone else doing something functionally the same. Once people know something is possible, they will find a way. As you said "potential has been priced in", too rich for me, good luck.

[tickboo] 07/8/2017 15:54

Melton John, some fair points re the market cap vs revenue but this company is about potential. Looking at the revenue, not yet profitable (nearly) it looks massively over-valued but given the unique product and massive market a lot of the potential has been priced in. A few chunky contracts reported will take this even higher and I've no doubt this will be in double digits before YE.

Total bookings in the first half reached a record level, rising 73% year-on-year to $10.2 million.

Big Data bookings secured for WANdisco Fusion were up 173% to $7 million.

Source Code Management bookings were $3.2 million, down from $3.3 million a year ago.

David Richards, chief executive officer and interim chairman of WANdisco, said strong bookings, good cash collection and tight cost controls significantly reduced cash burn to $600,000.

"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," he said.

[nimbo1] 07/8/2017 15:49

don't look backwards it can negatively impact your wealth. imo and all that.

of course at some point there will be a pull back - there always is, when is the question but not relevant if you think you have backed a long term winner because of the largest global trends - data volumes, data storage and data analysis.

[melton john] 07/8/2017 15:35

Put your parachute on and sit by the door hazl.
Flying too high I think.

Value 33xsales
sales growth 7.8%
good luck

[hazl] 07/8/2017 15:18

I think this is a great stock for the future but understand the feeling.
I have partially sold two stocks today but not touched here or QXT. 8-)