Wandisco Share Discussion Threads

[melton john] 20/11/2017 11:18

Whatever works for you billywiz, I'm not a chartist so picking out telltale large trades from the noise helps me.

[melton john] 20/11/2017 11:08

Me too Vanadium, very confident.

[djbilywiz] 20/11/2017 11:06

Melton, I find it best to look at total volume and the price "action" along with OHLC. Trying to analyse individual trades is a waste of time IMO.

[melton john] 20/11/2017 11:02

Sometimes a market maker is a counterparty sometimes not. That's when it gets confusing to some people.

[vanadiumx] 20/11/2017 10:47

I am still buying.... I have a very high level of confidence that the share price will be at least 50% above in 5he near term.

[djbilywiz] 20/11/2017 10:38

A trade is both a buy and a sell between two parties at a certain price.

[tickboo] 20/11/2017 10:38

This is getting a pasting, I hope this trend reverses ASAP, some good news re contracts would help.

[melton john] 20/11/2017 10:28

It's not generally known that there is a facility in the market called direct market access. This enables brokers/institutions/well-heeled traders to buy from sellers directly. An analogy would be going to a car auction and bidding against trade buyers instead of buying at a garage. This goes some way to explaining buys which look like sells. IMHO this is how institutions build up big holdings, either directly or through a broker.

[melton john] 20/11/2017 10:05

Looks like some decent size buys going through. Institutional buys?

[djbilywiz] 19/11/2017 21:56

Yes all good points Melton and I'll be looking get back in when the chart turns upward again.

[runthejoules] 19/11/2017 21:14

Thanks Melton - I have printed out your list to add to my own research as a quick pick me up when prices are down, and they are! May add myself if it goes lower.

[melton john] 19/11/2017 19:12

Cheers Nimbo. Here's to everybody being a winner.
Reasons to be cheerfull :-
1, predominantly organic growth;
2, pricing power, no competition;
3, products are in strong demand;
4, solid balance sheet, no need to raise funds;
5, earnings will soon cover costs and throw off cash and pay dividends;
6, entrepreneurial management, founders still heavily involved in running the business;
7, sales growth compared to prior year = 71.4% including big data and cloud up 173%
8, net debt is actually positive $6.59M
9, minimal incremental increases in operating costs
10, lean headcount, y-o-y reduction and channel partners sales and marketing
11, Adjusted EBITDA for the period was positive at $0.3 million
12, close to cash flow break even (see #5)

[nimbo1] 17/11/2017 19:54

Good to have you on board Melton John!

[melton john] 17/11/2017 19:19

Hazl, I quite agree, but no harm in finding out if anyone already knows answers to questions or a couple of links to useful information. This thread header is pretty old and no help there but there are many other boards where there is quality research to build on. If you don't know what you don't know, you have to start somewhere. Generally the quieter boards have contributors who know a lot rather than the flocks of starlings who know nothing but have followed a tip blindly.

[owenski] 17/11/2017 18:50

I think the next driver is likely to be some numbers in Jans. update.

[hazl] 17/11/2017 18:27

Melton John you should always do your own research and not expect answers from billboards or you will be disappointed.

[hazl] 17/11/2017 18:24

A lot of us feel the same nimrod .But there's no telling.as they say timing is everything!

[tickboo] 17/11/2017 18:08

Some decent sized buys have popped up too. Hopefully we'll have more of the same next week to reverse the drop.

[nimrod22] 17/11/2017 17:44

I couldn't resist the 11% drop since I sold a few days back, so bought back in again today. I hope I'm not going to kick myself next week. I'm not worried about WAND's product, just more wary about the stock market in general so as not to be caught out in a market correction. I've already cashed in many other UK stocks so as to be ready.

SP dropped out through the lower Bollinger line,and went below 30 on the RSI. I hope it doesn't test the 150 dma, which its not been down to since January.
The news today appears to put the software in to a new league re speed of data transmission.

[melton john] 17/11/2017 17:38

"does this make sense now re Spanner and bandwidth -"

No more than the first time I read it, however, what I've just said about Infrastructure as a service where the whole lot is in the data centre makes questions about the public internet bandwidth irrelevant as far as replication data is concerned. That makes for a huge market for Fusion which I'm happy with.

How many? Not as many as you but I've paid almost twice your average and got 10% of a six figure portfolio which shows my commitment now I've done my research.

[tickboo] 17/11/2017 16:05

Ah Melton, good to have you on board. Not saying I told you so as I didn't quite 'get it' but does this make sense now re Spanner and bandwidth -

So Spanner is a distributed OLTP database built by Google as an alternative to existing OLTP databases such as postgres and mysql and relies on proprietary infrastructure. Its only unique capability is its ability to support database transactions, and thereby its market is extremely limited. Fusion, on the other hand, is a general purpose replication platform that can replicate data between Cloud and on-premise storage systems of any kind. With its plugin architecture, Fusion is applicable to almost all Cloud workloads.

In answer to your second question Fusion does not rely on, or need local networks or fibre end-to-end in order to operate correctly. In fact, our architecture eschews the use of clocks and works without regard to latency between nodes. It has been deployed in all kinds of WAN links, including satellite based links with limited bandwidth and extremely high latencies. We guarantee consistency even over completely unreliable networks.

Anyway, I think the drop in share price is to do with the lack of a trading update which was expected in Oct. I expect us to break even this year with the R&D rebate and next year should be a good one, profitable and big money come on board.

Maybe a little rude but how many do you hold?

[melton john] 17/11/2017 15:26

Time to declare an interest. It's taken a while to fall back to the point where I started researching, this market correction has helped me increase my stake and lower my average. My timing might not be perfect but I moved a cash ISA into my shares ISA and have spare cash if it goes lower or if the story changes for the better. The lack of market reaction to the Capital Markets day has been mentioned but this is typical of the way institutions invest I suspect and having had a correction we should see holdings announced at some point when a >3% level is exceeded.
I asked a lot of questions on this board a few months ago but in the end had to go and find my own answers. My main problem was moving from my long experience in mainframe and client-server computing to the changes brought about by migrating to the cloud. The penny dropped when I realised that it isn't just moving storage to the cloud as in Google Drive, Microsoft One-drive or Drop Box in the way home pc users see the cloud; but that everything almost including the kitchen sink is moved. Infrastucture as a service, platform as a service and software as a service are all implemented in the same data center, whether it be Google, Amazon, Microsoft or whoever and users and their clients communicate via the internet. Hence questions of network bandwidth to enable Fusion to perform Active Data Replication aren't relevant to cloud implementations as the whole lot is housed inside the data center and can use the internal network backbone without the replicated data having to go onto the public network.
This link might be useful reading for anyone wishing to increase their knowledge on cloud computing. I hope to start some further discussion.

[tickboo] 17/11/2017 09:48

And with the credit facility and near to break even they'll be no dilution.

[kop202] 17/11/2017 09:35

The great thing about WAN is there are so few shares making up the market cap.

[nimbo1] 17/11/2017 09:34

ive traded this around the edges to varying degrees of success (i tend to get the direction right but given the spreads etc and liquidity there is no point) but keep my core holding intact as think this will go the same way as you...