WANdisco stands for Wide Area Network Distributed Computing, and we make software happen.

This is because our technology is the secret ingredient behind the products that you use every day – from mobile phones to machinery. We are an active member of the community that develops the world’s most popular Source Code product: Subversion, and our technology is used by half of the world’s software developers.

Our customers include a host of Fortune 1000 companies such as Hewlett Packard, Intel, John Deere, European Southern Observatory, Barclays Capital, Walmart, GE and Cisco.

How it works

With our patented technology, software developers in distributed locations can work simultaneously, creating a seamless global network. Users at every site where WANdisco is installed have local access to the same data at all times, which means that they can make changes locally and see each other’s changes immediately.

We are proud to have a 98% customer renewal rate – which is driven by compelling ROI data: a recent study from Forrester Research has shown that our Subversion MultiSite offers a 167% return on investment with a nine-month payback period.

The company

Co-founded in 2005 by David Richards, Jim Campigli and Dr Yeturu Aahlad, WANdisco has dual headquarters in Silicon Valley and Sheffield, England. WANdisco grew, without raising any private equity, venture capital or angel finance to become a leading provider of global collaboration software to the software development industry.

On June 1st, 2012 the company had a highly successful IPO on the London Stock Exchange raising over $24 million. The IPO was oversubscribed by over 300% and the list of investors included Fidelity, Legal & General, Blackrock, Artemis, Hargreave Hale, Cazenove, M&G, Octopus and Standard Life. WANdisco's ticker is WAND.L


http://www.wandisco.com/

ouch !!!!!!!!!

May well bounce strong with some upbeat news, mind you news seems to have dried up in the last month.

I also applies here what I said earlier at MONI thread


So guys be carefull now

WELL there is a new strategy across the pond, and that is ..... they are no longer chasing high-growth stocks and instead they want solid large-cap dividend-paying companies.

good luck

Cheers panto, Jumped in the teens. :-))

sensible advice indeed as exemplified by the recent performance of a number of highly rated stocks in US

and still crumbling fast .... down a further 45p today

bet there's a bad rns in the offing, - like a cash call

Schroders plc above 15%


http://www.moneyam.com/action/news/showArticle?id=4809502

this may not be their shrewdest investment! .... i note sp closed down 65

Strange, unless they know something. They have increased their holding by 1.4 million.

Interesting to watch over the next few days as to what way the sp heads.

WANdisco PLC (WAND:LSE) set a new 52-week low during today's trading session when it reached 455.00.
Still falling. I would have thought by now the company would have made some statement about the falling sp or issue some sort of news or update.

Appoints Regional Sales Leaders in EMEA and Asia

RNS


RNS Number : 8842I

WANdisco Plc

05 June 2014












RNS Reach Non-regulatory News Announcement



5 June 2014

WANdisco plc



("WANdisco" or the "Company")



WANdisco Appoints Regional Sales Leaders in EMEA and Asia


Experienced sales executives Marcus Chambers and Keith Graham hired to advance growth in the Big Data market

London, UK- WANdisco (LSE: WAND), the leading provider of continuous availability software for global enterprises to meet the challenges of Big Data, has appointed two key executives to further scale up its sales activities in response to increasing demand from enterprise-scale customers for Big Data solutions. The new regional sales leaders for EMEA and Asia Pacific, each with over 25 years of international experience in enterprise software, will report directly to CEO David Richards.

Marcus Chambers joins as VP Sales for the EMEA Region. His most recent position was at Good Technology, a mobile data management business, as VP & GM EMEA. Before that he was at Tintri Inc., a virtual storage business, as VP & GM EMEA/Asia. Marcus has deep experience in the wide area network distributed computing marketplace in which WANdisco operates, having previously established Riverbed, a WAN optimisation business, in EMEA as VP & GM, achieving substantial growth over a five-year period, and before that been operations director for Cisco Systems EMEA's Storage, Optical and Wide Area File Services Group. Prior to joining Cisco, Marcus was European Northern regional director for Brocade, a network provider for data centres. He also developed 3COM's network infrastructure business in Switzerland as general manager. He began his career with Digital Equipment Corporation.

Keith Graham joins as VP Sales for the Asia Pacific region. Keith has been with TIBCO Software in Asia Pacific since 2005, for the past five years as Regional Vice President & Managing Director for Australia & New Zealand. Here he was responsible for all aspects of the business including sales, pre-sales, and services. Before joining TIBCO, Keith was Vice President EMEA at Librados, a distributed storage and computing business, from start-up until its acquisition by NetManage. Prior to that, Keith was a Regional Director at Reuters Plc where he was responsible for its $100m+ software solutions business covering over 20 countries.

Welcoming the appointments, David Richards, WANdisco Chief Executive Officer, commented:



"I am delighted that we have attracted these senior sales leaders to WANdisco. They evidently bring extensive execution experience, domain knowledge and track records of success in delivering growth. As our business scales up to match the pipeline of demand from large corporations adopting Big Data solutions, I look forward to working with Marcus and Keith to realise these opportunities and seek out new ones as the Big Data market goes mainstream."

anyone brave enough to have shorted this, even over the last couple of weeks will have done handsomely

I wish cynic. :-))



Questor share tip: WANdisco shares slump

The sharp reversal of the shares in this Aim-listed technology company has accelerated from early March, says Questor.


Full-year results for 2013 reported underlying losses (adjusted Ebitda) had widened to $7.8m, from $3m in the previous year


By John Ficenec, Questor editor

10:30AM BST 05 Jun 2014



CommentsComment



Questor says HOLD


WANDISCO has been one of the major victims of the sell-off in technology companies that has accelerated since the beginning of March.


Shares in the Aim-listed company have tumbled more than 70pc in the past six months from more than £14 to just £4.30 at midday yesterday. It has been a dramatic fall from grace for a company once tipped as the next Facebook or even Google. For investors it provides an excellent example of why they should never stray from the fundamentals.


Arguably, nothing has changed for the Sheffield-based company, which writes computer software that helps companies search though vast amounts of data quickly and easily. With more data about our daily lives being collected all the time, WANdisco’s services are increasingly in demand.


The software company said it continued to win customers for its big data product, with British Gas and University of California Health signing contracts during the three months ended March. WANdisco also renewed existing contracts with HP and Walmart for its ALM product. The company reported bookings up 40pc to $4.2m (£2.5m) in the first quarter ended March, with $200,000 from big data and the $4m balance from ALM bookings. The company has blue-chip clients, such as Nokia, Cisco and Apple.



Although David Richards, chief executive, says the company has a “strong pipeline of potential customers” in big data with good growth from the core ALM business, Questor remains wary.

When others lose their heads it is necessary to stick to the numbers. The software company is still in its infancy and in full-year results for 2013 reported underlying losses had widened to $7.8m, from $3m in the previous year, despite revenue increasing by a third to $8m, from $6m. The cash outflow from operating activities had also increased, to $11.6m from $4.1m. The only thing keeping the company going was the issue of new shares.

The company changed advisers from broker Panmure Gordon to Investec on May 19. This is a worrying sign as Panmure Gordon have been vocal supporters of the stock since its flotation in 2012, so the sudden change is a red flag for investors.

Questor is always wary of technology stories; 2001 lives long in the memory. The last time we looked at the shares we said they were high-risk and we couldn’t recommend them until the company generated more cash. Investor sentiment has now turned savagely against growth tech stocks; until that changes they are no better than a hold.

WANdisco: UBS cuts target price from 1535p to 1500p, while leaving its buy recommendation remains unchanged.

Three cheers for UBS

Lol Claret Dragon.


Broker UBS says BUY WANdisco (WAND). Says sentiment to WANdisco and US high-growth peer group companies has soured of late, but the fundamental opportunity remains undiminshed. Concerns over cash position unfounded, as CFO Paul Harrison expects the business to end 2014 in a net cash position, plus specialist bank lending on its subscription revenues could be an option. Price target 1,500p.

Joking aside, bound to be a short squeeze on this one soon.

WANdisco - Our Story - published 12 June 2014


https://www.youtube.com/watch?v=OPeS8Klxp-I#t=13