Accesso Technology Share Discussion Threads

[glawsiain] 01/12/2017 15:06

Mentioned in the telegraph today:

Accesso Technology
Market value:£580m
Turnover (2016): £76m
Pre-tax profit (2016): £7.5m
Yield: nil

Accesso is listed on the junior Aim market and is a leader in “virtual queuing” technology. This can be used, for instance, to notify theme park visitors, via a rentable handheld device, when it’s their turn to go on a ride. Customers include the Six Flags theme park group.

The firm’s products also include online ticketing software and on-site ticketing services. Its shares have risen by 31pc over the past year and by 550pc over five years.

Richard Hallett, manager of Marlborough’s UK Multi-Cap Growth fund, said: “The company is expected to make a profit of £12m in 2017 but doesn’t pay a dividend. It is expanding strongly and the board has made it clear that in the short to medium term it believes the cash is better invested in growth.”

He said the business’s expanding range of technology-based products and services, targeted at the entertainment sector, had been “going from strength to strength”.

“If a business can achieve a strong return on cash invested, it’s an eminently sensible strategy to deploy it in this way,” said Mr Hallett

[spud] 29/11/2017 14:49

Looking for an upward resumption and taken 1k.

spud

[itchycrack] 16/11/2017 06:54

I couldn't have put it better myself! :-) :-)
I'm looking to add a few more myself on this dip.

[spud] 15/11/2017 21:39

ACCESSO - THE LLOYDS BANK MID-MARKET BUSINESS OF THE YEARTHE JUDGES SAID"AIM listed accesso is a truly global business, providing premier technological solutions to the leisure, entertainment and cultural markets in 27 countries. Accesso's strong business vision, dynamic leadership and commitment to service and innovation has enabled it to forge an enviable set of long-term, sustainable and mutually beneficial relationships with clients. Ambition, technology and commitment to customer experience continue to drive accesso's growth and development, in a market with enormous opportunity."spud

[spud] 15/11/2017 13:34

I guess it just got a little ahead of itself thinking it was 2018! Great potential for the price going forward hence why I'm a buy and (mostly) hold merchant. spud

[shanklin] 15/11/2017 11:30

I was never really clear why ACSO had gone up over £23.50 and now I have no idea why its back down under £21.00.

[spud] 15/11/2017 10:53

Taken 900.

spud

[supernumerary] 15/11/2017 10:45

Miss Womble - just search the thread for 'tapu' and you'll have all the information we have...

[miss womble] 13/11/2017 09:44

Does accesso own taputapu? MW

[spud] 10/11/2017 15:48

And breathe................

spud

[1001011] 10/11/2017 07:24

IAAPA Attractions Expo next week, 14-17 November.

[rivaldo] 08/11/2017 11:02

Positive comments yesterday from a senior VP at Universal re Tapu Tapu:



"Speaking about Universal’s TapuTapu technology, which was rolled out earlier this year. Belzer said: “We have had rave reviews from those who have done their homework and know how to use it in advance but we do need to educate people about it.”

[panic investor] 08/11/2017 09:46

That also applies to pi's in a lot of cases

[itchycrack] 08/11/2017 09:20

Remember, when stocks like this are included in a portfolio there will be constant rebalancing as stock holdings move up and down in value, which in the case of accesso, probably means more selling to maintain mandated percentage holdings within the overall portfolio. It's not an issue or problem, it's just how the fund management industry works.

[rivaldo] 08/11/2017 09:00

There was a £228,000 buy at 2280p yesterday which was probably behind some of that day's rise. Do they equally know something we don't? :o))

It's also interesting that the £85k sell this morning was at 2325p - almost the mid-price. Which suggests there's continuing demand for shares out there

[miss womble] 08/11/2017 08:42

One big sell this morning. Does he(she) know anything that we don't? Regards MW

[itchycrack] 07/11/2017 20:06

ddubzy - totally agree with you on that one!!! :)
Just imagine a portfolio full of stocks like this - wow!

[panic investor] 07/11/2017 18:17

You could say that with a few of mine NMC GAW XLM etc etc

[ddubzy] 07/11/2017 18:04

What a beautiful chart aligned with a beautiful company...Not meaning to sound greedy or unappreciative but wish I'd put all my eggs in this basket...

[rivaldo] 01/11/2017 23:26

Dan, have a look at the forward EPS forecasts and the rate of growth.

ACSO's technology is being rolled out across the world in Merlin's venues. It's likely that Six Flags as a longstanding existing customer will follow suit. And Merlin and Six Flags are both expanding across the globe into Asia, South and Central America etc. ACSO will follow this expansion as it happens.

Then there's the recent first implementation at a Universal theme park, which may well lead to further roll-out news across Universal's estate. Then there's the initial usage already happening on cruise ships - imagine the global potential from a roll-out across this sector. Then there's all the other sectors which this tech is applicable to. And of course ACSO's takeover of the ticketing sector which gathers pace with every prestigious new customer.

Above all, the market is happy to pay up for a highly profitable stock which has extremely high guaranteed and recurring future revenue streams, together with top-notch management and high growth potential across any number of sectors.