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Share Name Share Symbol Market Type Share ISIN Share Description
Access Intelligence Plc LSE:ACC London Ordinary Share GB00BGQVB052 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 154.00 153.00 155.00 154.00 154.00 154.00 9,500 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 19.1 -5.7 -7.1 - 196

Access Intelligence Share Discussion Threads

Showing 1651 to 1674 of 1975 messages
Chat Pages: Latest  67  66  65  64  63  62  61  60  59  58  57  56  Older
DateSubjectAuthorDiscuss
08/3/2012
11:30
Lewis, I think I will wait at least 6 months before adding. My average is 7p having bought, in 2006 I think it was, before Michael Jackson was involved. He is also a director of Elderstreeet VCT and there is usually a sentence or two about ACC in its annual report. The problems with Cobent show how even the clever investors can slip up. We now read that major problems with Cobent were its many offices and reliance on key personnel. Obviously that either did not register or was discounted when ACC negotiated the deal to buy Cobent.
greenpastures2
08/3/2012
10:56
small tick up on the offer. the chart is looking very strong ant the moment. 4.5 - 5p looks like the short term level. L.
lewis winthorpe
08/3/2012
09:49
green, I sort of read that in a more positive light in the sense on incumbent and are not flexible. time will tell L.
lewis winthorpe
08/3/2012
09:02
Yes, thanks Lewis. Having to compete against well entrenched incumbents means that progress may be slow and difficult. We will see.
greenpastures2
08/3/2012
08:53
Lewis, thanks for the Sharecast link, whilst as you say being rather negative it does reveal from Michael Jackson the first indications of what the real problems were with Cobent, if nothing else something to bear in mind with future acquisitions. As has been stated it is high time the share price starts to show some progress albeit this may not happen for at least another twelve months given the further progress Cobent & M2SM need to make and the spend required for R&D.
dgwinterbottom
07/3/2012
22:34
Now had time to look through results more thoroughly and stand by my initial thoughts contained in post 47. They have demonstrated that orders are coming in (deferred revenue £2.6m and contracted but yet invoiced amounting to £2.7m), recurring revenues at 66%, dividend yield of 6% and net cash amounting to 2p per share....oh,and Cobent "appears" to be finally turning around. Also very impressed with AI Control Point and AI Procurement (Due North) which I think combined are worth more than the EV value of the business without consideration of any of the other subsidiaries. I reckon that the initial markdown surrounded the fact that growth in profitability will be muted this year given R&D and investment in infrastructure, but on a closer look it is apparent that if management can get the businesses working more cohesively then there are considerable cross-selling opportunities. We're 3 months into FY 2012 and valuation is clearly underpinned by cash with little value attributed to the 6 subsidiaries. These look an excellent medium term play IMHO and if/when Cobent is turned around, & investment phase completed we could see operational gearing kick in and sharp increase in profitability...well, I hope so ;-) Regards, GHF
glasshalfull
07/3/2012
18:46
Good article by sharecast sums it up if not a bit too negative:- http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=19936526 L.
lewis winthorpe
07/3/2012
18:29
Its been a funny old day for the sahre price. Down a bit at the start and up at the finnish. Just read through the results for the fourth time and i reckon they are sound. They look to have a set of businesses with great potential. Chart also looks v. bullish and i will just add that often you find that the share price can recover ahead of the actual business.
cfro
07/3/2012
17:19
Have to say as in my posting no. 46...once again awaiting the "golden tomorrow" but far more promising in terms of future outlook than in the past!!
dgwinterbottom
07/3/2012
14:44
I would not be surprised if the VCTs put some pressure to pay a dividend as it is likely to take awhile for capital growth to come through. I have shares in Elderstreet VCT and know from the reports that ACC's fall in share price over the last two years has affected Elderstreet's net asset value. The dividend will help towards the VCT being able to pay its dividend, always soothing when NAV is static. Michael Jackson is a director of both companies.
greenpastures2
07/3/2012
14:26
I have had a chance to look more closely at the results. It does show confidence to pay a maiden dividend of 0.2p, which to my mind means management are confident that Cobent's problems are behind them. They do say that Cobent have been self sufficient in cash terms since July 2011, and thay hope to return the business to profit in the first half of 2012. Also management expect to see the full benefits of investments in products and marketing to come through in the latter part of 2012. Cobent cost ACC £642,349 last year, £333,782 Re-organisation and £311,567 in losses. Which is equal to LPS of 0.255p. So this figure wiped out the profits from the other divisions. It's hard to work out figures for this coming year, but looking at the other divisions thay would have made £0.967m or 0.37p if no tax was paid, which is likely to increase this year to appx 0.43p? Add a small profit on from Cobent of £150,000 or 0.05p EPS to the 0.43p = 0.48p and ACC does look cheap at 3.0p. Highly speculative at this stage, but I believe it shows the potential here. ic2...
interceptor2
07/3/2012
10:23
I echo IC2's thoughts above, i lot to tkae in on one go hence i went through the results three times. That wasnt helped by my computer playin up! Even slightly better results than what i had thought they might be. The future looks exciting imo.
cfro
07/3/2012
09:31
Thanks Lewis, I had been looking at the website, not yet posted thereon!!
dgwinterbottom
07/3/2012
09:29
Not many companies on AIM giving a 6% dividend.
orado
07/3/2012
09:13
http://www.londonstockexchange.com/exchange/news/dow-jones/news-detail.html?newsId=20120307SN000942
lewis winthorpe
07/3/2012
09:11
I have seen the announcement of the new Finance Director can we expect the publication of results today?
dgwinterbottom
07/3/2012
08:44
A lot to take in but happy with the sentiment of statement, and management seem to be taking the right action. As I understand it looks like Cobent are likely to breakeven/small profit in H1 and return to higher profit in H2. ic2...
interceptor2
07/3/2012
07:55
Hi Orado Yep, I liked them overall and even more apparent to me the inherent value in some of the businesses with 3-year contracts and deferred revenue looking good. My main concern was that Cobent would continue to haemorrhage cash and costs but the statement reassures that the "problem child" is now under control. Regards, GHF
glasshalfull
07/3/2012
07:48
Good morning Glasshalfull I must say I am pleased with the results and the 6% divi.
orado
06/3/2012
19:55
Hi all - I have been in for some years having originally bought at 8p and that was before Michael Jackson was involved. They certainly seem a lot more organised and focused now than they have ever been notwithstanding Cobent, in my experince it has always been a case of the "golden tomorrow" that has always seemed to be elusive, lets hope we will see some solid progress from here on. Given the experience and background of Michael Jackson I was most surprised with the Cobent debacle, fingers crossed for tomorrow!!
dgwinterbottom
06/3/2012
19:21
I did buy an initial position yesterday, thanks for the heads up cfro and the detailed research GHF. Still learning about the business, and will await tomorrows results with interest. I echo cfro thoughts, that with Michael Jackson at the helm, this is a company not to be traded for short term gains. So I would like to slowly build a decent stake and hold for a long time. ic2...
interceptor2
06/3/2012
18:22
Main thing that worries me here is the involvement of T1ps.com and GECR. They really do buy and peddle some terrible stuff. Flip side is that Octopus are involved and I rate them quite highly. I'll be watching with interest tomorrow.
stegrego
06/3/2012
18:15
Just awaiting tommorrows results now, then we will see what we have. If you want a penny for my thoughts here, im just currently thinking along the lines of valuation being as thus: Market cap of £7M - cash £4M - so value of all the businesses just £3M. As a rough rule of thumb i reckon the businesses are worth alteast £10M as a whole so add on net cash £4M and you get a potential value of £14M (£10M + £4M). Thats double where we are and assumes no growth in the various businesses plus no use of the cash.
cfro
06/3/2012
17:46
cfro - I agree with your comment about management NOT squandering cash. They were badly bitten with the Cobent acquisition as we all know and the AimZine article confirmed my thoughts that they will only buy if terms are right & they certainly dont appear to be in any rush. Management would lose all credibility if the buy another "pig in a poke". Hopefully in due course they'll buy another Solcara ;-) Regards GHF
glasshalfull
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