£3-£717 Sep 2015 18:55
Shares in Wandisco could reward a speculative buy, said Midas in the Mail on Sunday. A lack of profits has seen shares plunge close to all-time lows despite the great promise of its software in the billion-dollar market for 'big data'. Wandisco software is one of the best in the world at helping firms use the vast amounts of customer and sales information across their databases to tap into trends or business opportunities. Progress has been slower than hoped and the group went cap-in-hand to investors looking for a further $25m in January. But recent contracts have been notable, including Tesco's consumer data arm, British Gas and three major banks, with many more looming, meaning prospects look better than they have done for quite some time.