Access Intelligence Share Discussion Threads

[greenpastures2] 11/4/2016 19:52

That was how I read it too Lanzarote. I assume the cash balance in the accounts is for the year end. If it is not I will have some questions for the AGM.

[lanzarote666] 11/4/2016 18:17

I thought the sale of Due North has come as a post balance sheet event and will show up in November 2016 results. Have I read that wrong?

I am working on next year recurring revenues of £7.50m at 60% margin less overhead say £4.0m (without R&D) of which £948k is depreciation, so cash positive?

[lewis winthorpe] 11/4/2016 14:18

The other thing too was the EBITDA seemed to be a little buried in the RNS which seems a little odd. Guess it just wasnt worth shouting about

[lewis winthorpe] 11/4/2016 14:17

They sold Due North to Proactis for £4.5mill and they have 1.5 mill cash left.

The burn is a little scary.

Make or break year I suspect. Interestingly Proactis have a chart that I wish we had here. Hope the sale of Due North wasn't a mistake, time will tell I suppose.

[lanzarote666] 11/4/2016 13:05

But the large purchases that have followed the results announcement may reflect the fact that amongst the losses is an increase in the cash balances and the outlook is better based upon 92% recurring revenues.

Perhaps the jam is getting closer?

[dgwinterbottom] 11/4/2016 08:21

Results announcement - always seems to be the golden tomorrow!!

[lanzarote666] 17/12/2015 18:10

Don't be fooled. I bought in this week but my purchase showed as a sale at 5p rather than a buy. It seems that some of those transactions at the same level over recent days may have been buyers too.

I did pick up shares easily, so perhaps there is a seller around.

I wonder if I have arrived too late given the run up since June 2015, but am attracted by the level of recurring revenues and absence of R&D cost next year which should feed through to the bottom line. And then the re-rating begins.

GLA

[longshanks] 17/12/2015 17:49

There you go. Happy?

[approach3] 16/12/2015 13:24

Why does this share not drop despite lots of sales over the last month. Is someone buying these.

[michaelmouse] 26/11/2015 10:49

Kestrel now own over 11%.

[lewis winthorpe] 30/10/2015 11:17

Aren't they just paying MJ's tax bill?

[greenpastures2] 30/10/2015 10:20

I would not be surprised if they are investing ahead of the new investing rules for VCTs.

I think some VCTs will have to go into run-off mode and keep their winners longer.

[michaelmouse] 30/10/2015 09:07

Unicorn AIM VCT Plc are keen. Just announced that they now own over 10% of the issued share capital.

[longshanks] 15/10/2015 09:57

I feel so slighted

[dgwinterbottom] 14/10/2015 07:55

Jimbo - as a keen participant in this share could you give your thoughts for the near future performance please. Thanks

[jimbobtechstock] 06/10/2015 18:23

RNS out - what did I say about a background buyer? 10% to Kestrel Opportunities, interestingly, one portion held through a New York nominees account. Wasn't there something posted on here or one of the other forums about a US-based "buyer" a while back?

[longshanks] 01/10/2015 09:22

Some tax bill Mr Jackson....

[jimbobtechstock] 24/9/2015 16:44

And interesting to see today the price paid for shares sold rising a fraction despite another £12k or so worth of shares sold off.

Be very interesting to see what's driving this up if we ever find out. I've never quite worked out how some institutions manage to build up holdings without paying the market quote from a MM or without causing a price spike - I've been told a few theories.

Anyway, had a small top up today just in case - I am comfortable holding this long term as I see great potential so if this turns out to be nothing I'm not chasing fast returns or quick exit.

[jimbobtechstock] 23/9/2015 19:49

Interesting gap up indeed. I tried a dummy sell this morning but there was no upwards pressure typically indicative of a background buyer - on a timetable at least, flat bid offered.

Yet 850,000 (or maybe 690,000 - I'll get back to this) shares were sold into the uptick with no drop back.

And the last trade was at a significantly higher price. Now it *could* be a buy showing as a sell due to the large numbers of shares soaked up in the afternoon, SEAQ Ask could easily have dropped below par.

If a sell then that is a ratcheting up of pressure at the close.

If I had to guess I'd say someone in the background wants shares but is relatively relaxed at the timetable. The MM gapped after there being pretty close to zero volume for quite a while. And if I had to stab I'd say the last trade is actually a buy.

But that doesn't answer the question WHY.

I'm a bit annoyed I sold 2/3rds of my holding at significantly over 4p (I had an average well under 3p) when the last set of results failed to set my heart racing.

I needed the cash at the time and I had assumed this would languish for a while and I would be able to get back in at around the same exit price or maybe even a bit less.

I now have the cash but I'm not sure whether I might spike myself - there could be a development brewing... Or it could just drop right back when whatever's pressuring this right now goes away.

[michaelmouse] 23/9/2015 09:51

Interesting tick up this morning on no news?

Michael.

[longshanks] 16/9/2015 11:03

I've been buying.The market does appear to be re-rating the stock which is not only welcome, but understandable given the positive vibes coming out of the company in the last few RNS'.

[michaelmouse] 06/9/2015 09:02

I wouldn't like to guess exactly what's going on, but as I noted in my blog at the end of May:-



"There was a small tick up in the share price on Friday and whilst share sales have left the share price unmoved in recent weeks, a small number of buys quickly moved the price upwards."

I may be wrong but there does appear to be a buyer in the background.

Michael.

[hydrus] 02/9/2015 21:15

Michael, Thanks, some good points you've made, appreciate your reply.