Accesso Technology Share Discussion Threads

[rivaldo] 28/7/2016 15:05

Extracts from the Six Flags Q1 conference call last night show ACSO's technology marching on:



"On the innovation front, we have been recently testing another new concept for the industry. And All-Season FLASH Pass. As you may know, THE FLASH Pass guests to pay an additional fee to avoid waiting in lines to rider coasters. It is a very popular add-on in the concept that we've been offering for more than 15 years.

Recently our guests have told us that they would like to be able to purchase THE FLASH Pass to use over the entire season. We tested the All-Season FLASH Pass concept at a few parks earlier this year and it was very well received by our guests and we are rolling it out to all of our parks over the 2016 and 2017 seasons. As we look to growth opportunities outside the United States our momentum continues to build."

"Our Dubai partner recently completed the funding process for the second phase of Dubai Parks and Resorts and broke ground for the Six Flags Park. And last week we announced that we and Riverside, our partner in China, plan to build two additional Six Flags branded parks in China, a theme park and a Water Park that will be collocated in Bishan, a district of Chongqing. With a local population of approximately 120 million people, this park will be among the largest Six Flags Park in the world."

"We now have licensing agreements to develop six Six Flags branded parks one in Dubai, two in Vietnam, and three in China. These deals are high margin for Six Flags and require no capital investment on our part. We believe there is strong and growing interest to license and build more Six Flags branded parks around the world.

This leg of our strategy is already generating solid revenue for us and we believe it will prove to be a fantastic long-term growth opportunity for our shareholders. We are also making very good progress on our new water park in after Oaxtepec, Mexico that we anticipate opening in early 2017."

[shanklin] 28/7/2016 07:25

We're only number 2?

[rivaldo] 28/7/2016 07:11

Strong results and outlook this morning from Merlin - and LEGOLAND in particular:



Nice that Merlin choose to highlight this as a "strategic growth driver":

"#2 Exploiting strategic synergies

• Continued roll out of the new accesso® 'Passport' ticketing and admissions system, with major sites expected to have the system by the end of 2017"

[helpaargh] 27/7/2016 11:11

Hey, hi, higher high hey?

[glyn10] 26/7/2016 16:24

New Highs !

[rivaldo] 26/7/2016 11:28

Impressive vote of confidence from Standard Life in going above 11%:

[panic investor] 26/7/2016 10:48

Next leg up on its way hopefully. It's has a little breather.

[spud] 26/7/2016 09:10

Standard Life look like they could well have been the 'willing' hands for the chunks of free floating stock recently, having just upped their holding to over 11% (+220k).spud

[spud] 22/7/2016 10:26

No it was a transfer of stock, sold. If there had been no buyer, then the stock would have sat on the MMs book and the price would have been marked down accordingly.

spud

[janeann] 22/7/2016 09:49

Well if willing hands can buy at mid price I would like to know how; especially as one can often sell at or above mid.
!

[spud] 22/7/2016 09:45

Being bought by willing hands! Onwards & upwards..spud

[panic investor] 22/7/2016 09:35

We had a few larger than that earlier in the week too

[janeann] 22/7/2016 09:21

Anyone any views on the sizeable mid price trades being reported.

thanks

[rivaldo] 21/7/2016 22:38

ACSO on a recruitment drive in the USA:



"▪Accesso Technology Group Plc.: The London-based company that develops technology solutions for theme parks to manage lines at attractions is seeking nine new workers for its Lake Mary office, which currently has 80 employees. Available positions include Java developers, user interface (UI) engineers and designers, and a production support engineer."

[panic investor] 21/7/2016 13:47

dnair28 just read about that too, amazing people still do that in this day and age but it is a very large country still dealing with bringing the majority of a poor population into the 21st century.

The fact that it was busy says things though. Looking forward to further updates here.

Added a few more this morning.

[dnair28] 21/7/2016 12:16

Early readouts from Disney Shanghai are also very positive in terms of guest numbers and park quality. Unfortunately the same cannot be said for the guests - numerous reports of bad behaviour are surfacing!

[rivaldo] 21/7/2016 07:37

Six Flags last night announced "Additional Six Flags-Branded Parks Coming to China":



"GRAND PRAIRIE, Texas--(BUSINESS WIRE)--

Six Flags Entertainment Corporation (SIX), the world’s largest regional theme park company, and Riverside Investment Group Co. Ltd., a leading real estate developer in China and existing partner of Six Flags, today announced the signing of a letter agreement for the potential development of a second Six Flags-branded theme park in China together with a water park. The two parks will be located in Bishan, a district of Chongqing, with a surrounding population of approximately 120 million people.

“Developing two parks in Chongqing, the most populous municipality in China, is another step forward in executing our long-term strategy to expand our brand outside of North America and bring Six Flags thrills to millions of new guests,” said John Duffey, President and CEO. “Riverside is an excellent partner and we share a common vision to develop multiple Six Flags-branded parks in China.”

“As the exclusive strategic partner of Six Flags in China, we are excited about the development of two parks in Chongqing of western China, the biggest city in the world,” said Li Zhe, chairman of the Riverside Investment Group. “With the ongoing support of the Chinese government and the strength of the Six Flags brand, we are confident these projects will provide strong economic growth in China.”

etc"

[rivaldo] 18/7/2016 14:23

ACSO are namechecked by Peel Hunt today as regards the ARM takeover (as well as IQE and NCC which I also hold):



"Despite the recent economic and political uncertainty, we note that an all-cash deal has been agreed. We continue to believe that UK technology companies could be acquisition targets for large global companies looking to add intellectual property or customers (the deal rationale for Softbank in our view) and expect to see further M&A activity in the sector.

We could see near-term investor interest in other semiconductor names (eg IQE and Imagination Technologies); global leaders (eg GBGroup, NCC, Accesso); Internet of Things/virtual/augmented reality plays (eg Telit, Bango); or larger UK tech names with strong free cash flow and dividend (eg Micro Focus)."

[panic investor] 18/7/2016 11:43

Crikey posts on the thread ! Funny you two said that - my thoughts as I read the ARM deal earlier today

[spud] 18/7/2016 11:12

Lets just hope that when it comes (as it inevitably will) its at a realistic price which rightly rewards all long termer's who have supported this company through thick, and at times, thin.

spud

[dnair28] 18/7/2016 08:32

Davidosh - one of the two exceptional companies in your post 1491 is being bought by SoftBank today. Bodes well for British tech industry and Accesso!

[rivaldo] 13/7/2016 12:14

Panmure's note on Merlin this morning illustrates the benefits ACSO's technology is bringing:

"The FY15 results reaffirmed our view that Merlin’s unique combination of brands, development and management give it one of the highest and most visible earnings streams in the sector. We believe that Merlin can consistently deliver LFL growth of c4.0%, which together with expansion and margin improvement should drive EPS CAGR of 14% over the next three years. Furthermore, we believe that IT and technology (improved product, customer booking journey, marketing, CRM) offer further upside to growth and ancillary spend not yet recognised in forecasts."

[spud] 08/7/2016 19:20

It's all good news for ACSO David imo. Currently we should be seeing an instant 10% increase in the bottom line due to £ weakness without lifting a finger.

spud