WANdisco (#WAND) – £20.15m placing at 650p per share
- 2020-06-12 07:46:25
In October we wrote on WANdisco (WAND) that it was our October 2018 tip of the month at a 377p offer price, with profit banked at more than 500p in January. The shares are now back at a 400p offer price but, with interims last month having emphasised a “strong platform for growth and evolving pipeline of late stage deals in the early months of H2 leaves us in a strong position, underpinning the board’s confidence in H2 and beyond”, ahead of expected significant news flow, we ride again… targeting a return to 500p+ to sell. After a latest rise today, the shares are now 570p to sell…
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
WANdisco (WAND) was our October 2018 tip of the month at a 377p offer price, with profit banked at more than 500p in January. The shares are now back nearer the former price but, with interims having emphasised a “strong platform for growth and evolving pipeline of late stage deals in the early months of H2 leaves us in a strong position, underpinning the board's confidence in H2 and beyond”, ahead of expected significant news flow, we ride again…
WANdisco (WAND) has just followed a “subscription of 2,998,413 new ordinary shares… by existing shareholders at a price of 425 pence per share” with a “Customer renewal and expansion”…
In July WANdisco (WAND) announced that it had “agreed terms to jointly develop a first of its kind data migration and replication product with an enterprise cloud platform vendor." But who was the un-named party?
I have always liked Dave Richards of Wandisco (WAND) and indeed own a few shares. In the video below he tells the BBC how his firm was almost ruined and wiped out by folks parachuted on to the board from big corporations. But that is only half the tale. The question is who imposed them and backed them? The answer is City advisors and institutional fund managers. I spoke to someone close to Dave this morning and Dave will spill the beans on the City grandees who almost screwed his company up. He's a brave guy for speaking out. This is going to be illuminating and entertaining and will cause some real discomfort in the Square Mile. Bring it on...
WANdisco (WAND) has announced a “second major healthcare deal we have agreed this month” and that “our pipeline with IBM continues to build”…
WANdisco (WAND) is “delighted to announce our largest ever cloud deal”…
We tipped Wandisco (WAND) as our tip of the month in October. The shares have gained 20p since then, despite the market waekness but the thesis is unchanged and is explained below in full detail.
WANdisco (WAND) “is pleased to announce it has secured a contract with the leading information and communications technology provider in China for its Source Code Management product”…
Previously writing on ‘live data platform’ company WANdisco (WAND) early this year, I concluded with the shares having recovered to circa 800p that I continued to avoid and wait and see how the financial playing-out of ‘the opportunity in front’ of the company progresses before considering a more positive stance. Today a “Trading Update”…
The great success that was the 2018 UK Investor Show saw six 'Dragon's Den' sessions where a number of CEOs each gave a 1 minute (well, supposed to be!) pitch and three 'Dragons' at each session each picked a stock for a £1,000 investment. With the show having been on April 21st, here’s a second performance update...
Is it Dave or David? I get confused by so much these days. Whatever he presented a compelling case. And after the Dragon's Den he did I became a shareholder as you can see HERE. Wandisco (WAND) is proof of how vital management is. It was heading for disaster then management changed and now its zooming ahead as Dave/David explains below.
At UK Investor Show there were six Dragon's Den sessions. As a result of each £3,000 of my real money was invested after each dragon picked one of the 5 companies doing an elevator pitch. In session two the Dragons were me (Tom Winnifrith), Nigel Wray and Gary Newman. The companies pitching were: African Battery Metals, Extract Resources, WanDisco, Coinsilium and Powerhouse Energy Group.









