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Lo-Q Share Discussion Threads
Showing 16026 to 16048 of 16050 messages
|This company depresses me. Bought a chunk of shares at 2.7p many years ago, and on average 20 bagged or something. Look at the share price now and it still hasn't paid a dividend. Wished I'd kept a few!|
|Wealthy wives are 'renting' handicapped people to pose as family members so they could skip the lines at Disney World. The 'black-market Disney guides' supposedly get paid $130 (£83) an hour, or $1,040 (£664) for an eight-hour day.|
|10th May on this one, still going ahead I hear.
|Come over and join us on the ACSO thread:
The above charts will no doubt stop working shortly|
|Terrific update - well ahead on both PBT and cash. Couldn't ask for more - and there are strong hints of news flow to come soon.
There is now an ACSO thread for people to post on rather than here.|
|Good news on profit. Less so on revenues. Hopefully the promised new deals will appear quickly, or I fear the price will start to fall.Have to say, some of the forecasts are extremely exact, such as the cash to 2 decimal places if a million. Odd.|
|Now that's what I call a bullish update for LOQ, now of course ACSO. Good luck all.|
|Thanks for posting; couldnt find these and on an ADVFN competitor it appears the Loq ticker still works!|
|As from today LoQ trades under the ticker ACSO but currently it is not possible to add this ticker to one's portfolio here on ADVFN.|
|RNS Number : 7507S
Accesso Technology Group PLC
12 November 2013
12 November 2013
accesso(R) Technology Group plc
("accesso" or the "Group")
- Strong year-on-year financial performance -
- Adjusted profit before tax and net cash generation anticipated to be ahead of market expectations -
accesso Technology Group plc (AIM: ACSO), formerly Lo-Q plc, the premier technology solutions provider to the global attractions and leisure industry, is pleased to provide an update on trading for the 52 week period ended 3 November 2013. The performance achieved in this period shows significant growth across key metrics, serving to highlight the enhanced scale of the enlarged Group and the increased growth potential now open to it.
As previously announced, the Group has changed its accounting reference date to 31 December. This better aligns the Group's year end with those of its major customers and with the sector in general. As such the Group will announce actual audited results for the 14 months ending 31 December 2013; audited results for the 12 months ended 4 November 2012; and pro-forma results for the 12 months ended 3 November 2013 by 31 March 2014.
During the period,accesso has delivered a strong financial performance, with good organic growth supplemented by the performance from the acquisition of accesso LLC in December 2012.
Group revenue has increased by 29 per cent. year-on-year to deliver revenue that the Group anticipates will be broadly in line with market expectations for the period. Adjusted profit before tax for the period (excluding the amortisation of acquired intangibles, acquisition costs and share-based payments) is expected to be comfortably ahead of current market expectations and at least 48 per cent. ahead of the performance achieved in 2012. Cash generation, excluding acquisitions and share issuances is expected to be 91 per cent. higher than 2012, resulting in a closing net cash position of GBP3.32m, significantly ahead of current market expectations.
The substantial growth has been driven both by the acquisition of accesso LLC and by excellent sales momentum across each of our Group's business areas. During the period we have continued to win new mandates for all of our solutions and expanded our offering to existing customers.
Good summer weather drove attendance and revenue growth across our geographies, with strong growth in North America complemented by a strong performance in Europe. Overall attendance increased by 3.4 per cent. year-on-year, with certain parks across our estate experiencing several record-breaking days in respect of both queuing and ticketing solution sales.
The Group has secured a number of significant operational achievements during the period. Our teams are working closely together under our new Group name and have already secured several new business wins that demonstrate the strengths of our enlarged offering. We have continued to invest further in our extensive patent portfolio and are committed to the protection and extension of this portfolio as we move forward. We also continue to actively explore further opportunities for growth via acquisition, in line with our stated strategy.
The most significant operational highlights from across the Group can be broken down as follows:
The Group's patented virtual queuing solutions are now marketed under the umbrella accesso LoQueue. During the period good sales momentum has been seen across the accesso LoQueue portfolio at both new and existing customers, registering an overall 8% increase in revenues, excluding growth related to the acquisition.
During the period we successfully launched Qsmart(SM) : our smartphone-based queuing solution, which is now operational in three parks around the world with a further park ready to deploy the system in the coming months. Walibi Holland, one of the Netherlands' leading theme parks was the first European park to adopt Qsmart(SM) back in October 2012. The solution was installed in time for the important Halloween 2012 weekend and, during the same weekend this year, the park has seen a significant and encouraging improvement in sales.
During the period we also established an exciting, new relationship with Village Roadshow Theme Parks, agreeing to install Qband(SM) , our water park queuing solution, at both Wet'n'Wild Las Vegas and Wet'n'Wild Phoenix water parks. Qband was also installed at Raging Waters, San Dimas, extending our relationship with Palace Entertainment; Dollywood Splash Country (Herschend Family Entertainment); Camelbeach Mountain Waterpark; and the water park of a major North American operator which is the third park we now serve within this group.
The Group's ticketing, mobile and eCommerce solutions continue to be marketed under the umbrella accesso Passport and each has performed strongly. During the period the Group saw a total like-for-like increase in ticketing volumes of 11 per cent., with particularly strong growth in the sale of membership and season pass programs offered by several of our operator customers.
Growth in newer ticketing solutions was particularly encouraging, with like-for-like eCommerce volumes increasing by 9 per cent. year-on-year and like-for-like mobile ticketing volumes increasing by 324 per cent. year-on-year. At the period end more than 40 venues were using an accesso Passport mobile solution and mobile ticket sales accounted for 2.7 per cent. of total tickets sold: up from just 0.5 per cent. the year before.
The accesso Passport mobile app platform also achieved an important milestone in 2013, having broken through the 2.75 million download mark.
Earlier this year the Group signed an important new business agreement with AAA - The Auto Club Group. This agreement saw the second largest AAA club in North America select accesso Passport to become the club's exclusive eCommerce ticketing solutions provider to approximately 8.8 million members across eleven states and two U.S. territories.
Tom Burnet, Chief Executive Officer of accesso Technology Group said:
"I am delighted to report that the excellent momentum I highlighted earlier in the year has continued. We have driven sales across our entire product suite; won mandates with new and existing customers; and seen our solutions set new records for the number of tickets sold and park guests taken out of queue lines. This has been a great twelve months for our firm and the opportunity open to us now as an enlarged Group is significant.
Our mobile solutions continue to excite me. As global smartphone adoption continues to accelerate we are well placed to ride this trend, using it to bring our solutions more quickly and powerfully to life in the hands of park guests and deliver a greater return for operators that deploy them.
With the theme park operating season now drawing to a close, operators will once again be evaluating ways to maintain and improve their guest experience for next year. As in previous years, we expect this decision-making period to result in further positive news for the Group in the months ahead."
For further information, please contact:
accesso Technology Group plc +44 (0)118 934 7400
Tom Burnet, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP +44 (0)20 7831 3113
Matt Dixon, Lucy Delaney, Jessica Liebmann
Canaccord Genuity Limited +44 (0)20 7523 8000
Simon Bridges, Cameron Duncan, Kit
|Paul Jourdan has been and still is a big supporter of LOQ...
|I wonder why the Company has decided to issue their trading update on Tuesday.. Could it be that they wish to issue something else on Monday? It has happened before.spud|
|Very light trading today and the very wide spread is back|
|Lo-Q (LON:LOQ), one of AIM's success stories, is planning to change its name to accesso Technology Group.
The change reflects the company's expanded capabilities and expertise gained when it acquired the privately-held ticketing technology and e-commerce firm accesso LLC in late 2012.
Since the acquisition, Lo-Q has offered two different product lines under separate brands: Lo-Q and accesso. The board has decided the time has come to operate under a single name, and seeing as Americans prefer to "stand in line" rather than to queue, the accesso brand has won out.
|Online looks very encouraging - I can only buy 2,500 maximum at 706.05p, whereas I can sell 6,000 at 679.08p. And a series of late sells yesterday were all sucked up without a problem.
Thx for the Merlin thread SM. My family's applications are now in the system.|
New threads set-up in readiness - let me know if you'd like to see anything in particular in the headers:
accesso ACSO http://uk.advfn.com/cmn/fbb/thread.php3?id=30789822
Merlin Entertainments MEG http://uk.advfn.com/cmn/fbb/thread.php3?id=30782054|
|The following jumps out at me from the Merlin prospectus.
On page 57:
"Online and e-commerce
The Group is increasing its focus on online sales and bookings (including through mobile devices)"
And on page 79:
"11. INFORMATION TECHNOLOGY
In early 2012, the Group carried out a review of its IT systems to determine whether the systems were aligned with the Group's growth strategies. As a result of this review, the Group commissioned an IT transformation programme to revise its business processes and to take advantage of new technologies, including mobile device sales, multi-site sales and integrated on-line packages. This programme commenced in the 2012 financial year and it is expected that during the 2014 financial year a number of implementation activities will be conducted. The priorities for these deployments are likely to include pilots for on-line ticket and hotel reservations as well as addressing the underlying technology infrastructure."|
|Will 700 be breached?|
|Possibly a technical element to the buying today with momentum traders buying new highs.|
|The SCSW article was only a very brief update so is nothing to do with this.
Perhaps the City likes the new name :o))
Or...has anyone looked through the Merlin prospectus? I haven't had a chance yet, but perhaps there are some gems buried in there. It certainly seems like the Merlin IPO will be a success now.|
|Starting to look like there could be a good move from here.
Huge pennant visible on the 3 year chart.|