Accesso Technology Share Discussion Threads

[miss womble] 25/10/2018 11:01

What are the MMs doing? considerable selling yet the buying price is going up and the spread increasing

[horndean eagle] 24/10/2018 22:22

AIM business relief changes being floated about. The big aim momentum names that these funds have all jumped over are now in the firing line. Its why you have ended up with crazy valuations on the high flyers

[ddubzy] 24/10/2018 18:13

6months to go from 2100-2900p, all gains eroded in a matter of weeks. Painful!

[spud] 24/10/2018 16:54

Nah, can't see it myself Shank. Touched base with TB yesterday & there are no concerns (aside from Market frustrations from which none of us are immune). I've got my buyback strategy in place & will continue to buy on the dips. spud

[shanklin] 24/10/2018 16:24

Wonder if an acquisition and placing are imminent?

The share price moves on minimal volume feel similar IMHO to that before the TE2 acquisition in July '17

[helpaargh] 24/10/2018 07:37

Missed this yesterday

[dan_the_epic] 23/10/2018 21:14

It's product base is decent but the operating margin is only 14%

[wisewilliam] 23/10/2018 20:50

I think the answer is yes. The stock is pretty Brexit proof. It reports in usd and its revenues are US based and global. So unlike many UK stocks it should weather the coming shocks better than most. It's got an excellent product base and gold standard clients with recurring revenues to die for and a long way still to go IMHO.

[typo56] 23/10/2018 20:37

As an outsider it doesn't surprise me that this has fallen off a bit.

You have falling prospective growth. Still decent, but falling.

In March you have directors cashing in on share options at 2,295p, Gammon selling all 40k he acquired.

In April you have Burnet and Alder selling half their holdings (at about today's price level).

You have deals with Google and Groupon, which may be a sign of margins reducing.

You have a market which has lost its appetite for high PE stocks.

Perhaps this is time to re-evaluate and ask, "would I buy now?"

[dan_the_epic] 23/10/2018 20:09

Nothing actually wrong with Accesso that I can see (yet operative word). Problem is that it's on a sky high PE still. I don't see why this should ever trade on more than 25x earnings. It got caught up in the whole massive tech bubble. So 2000p is more where this should trade at a maximum IMO

[helpaargh] 23/10/2018 19:49

Record loss for me today also. Expect this volatility tho with present geopolitical climate. ACSO still on track with extraordinary growth programme. Expect M & A at some point. plus more tie ups With the likes of Google & Groupon.

[pj0077] 23/10/2018 16:02

Nothing sinister in today's Accesso fall, the stock is just catching up with drops elsewhere in the market. One month falls prior to today:Water Intelligence -32%Blue Prism -28%Fevertree -23%Keyword Studios -23%Accesso -15%

[spud] 23/10/2018 15:32

Indeed!

Looking like we're heading for our largest one day fall.

Also interesting to note that my 1k buy post & Itchys positive post were voted down. Someone (with a Short interest most likely) has a vested interest to see this drop.

I'd be intrigued to know the SB Short interest on this.

spud

[shanklin] 23/10/2018 15:23

Spud

Its not much fun here currently. Has the world ended?

[spud] 23/10/2018 15:18

Grabbed another 1k. spud

[itchycrack] 23/10/2018 10:18

Given the growth potential plus the diversification that can be achieved I can't imagine many IIs will be at all worried about any dividend for a long time IMHO.
In many respects, and given the growth potential, Accesso has barely even got started.

[shanklin] 23/10/2018 10:09

Note 7 to the H1 results

"7. Dividend

No dividend has been proposed or recommended during the period. The Board maintains the view that the payment of a dividend is unlikely in the short to medium term with cash better invested on growth-focused investment opportunities."

[2cbg] 23/10/2018 09:35

When you hear the answer you wished you hadn't asked the question.

[ali47fish] 23/10/2018 09:32

and what's the d word spud

[spud] 23/10/2018 09:30

Probably. It'll be interesting to see the switch from growth to investment from ACSO. At some point they'll have to start considering the dreaded D word esp if they wish to keep their IIs happily within the fold (see RNS last night). spud

[shanklin] 23/10/2018 09:12

Share price getting caught up in the general down draught affecting high growth high P/E shares.

[wisewilliam] 17/10/2018 09:49

Six flags and others do lots of promotional tickets and Groupon is just another channel. ACSO would I imagine make its margin on percentage of sales revenue.

[shanklin] 17/10/2018 09:36

Typo56

I tend to agree with you but its not ACSO that would merit the red flag in this circumstance.

[typo56] 17/10/2018 09:13

I'm just wary of marketing associations with Groupon as I get the impression they can be 'red flags' of taking business at any margin (e.g. CAKE recently). Possibly not the case here though, with this arrangement?

[rivaldo] 17/10/2018 08:49

Groupon sold 30 million tickets in 2017.

So, as I understand it, now Groupon's 32 million customers in North America - and many more elsewhere - will be able to utilise ACSO/Ingresso's platform to buy tickets to Six Flags/Legoland/Cedar Fair etc etc, thus expanding at a stroke and by a large margin ACSO's customer base's visibility to a much larger audience and being able to utilise any spare/unsold capacity.

They are RNSNONs because the amounts involved are in the future and obviously cannot be calculated precisely , so they can't meet the regulatory disclosure requirements for full RNS's, but they are nevertheless significant announcements which is why they've been made as such.