Accesso Technology Share Discussion Threads

[spud] 05/1/2018 11:53

Indeed! Regardless of your views, Trump has been very beneficial for stock holders. spud

[rivaldo] 05/1/2018 09:59

It hasn't been mentioned here before AFAICS, but the huge Trump corporate tax cuts now passed in the USA will have a big beneficial effect for ACSO.

ACSO currently provide for US taxes at 40%, which will presumably now reduce to 21%. The overseas tax charge for 2016 was $1.43m (I'd assume mostly US tax), so it's likely that ACSO will benefit by say some $600,000 per annum, and obviously more as time goes on as profits will have risen sharply in 2017 and thereon.

[rivaldo] 05/1/2018 07:28

Agreed janeann - good to see a £108,000 buy at the full closing offer price after the recent rise. Hopefully bodes well for today too.

[janeann] 04/1/2018 16:06

5000 just bought at full ask 21.50 - perhaps explains the strength today.

[janeann] 03/1/2018 13:37

agree its not the average pi investor adding a few - many of the buys are well over 10k and some £20!!

[rivaldo] 03/1/2018 13:33

It's probably institutional buying for the New Year having seen ACSO dip slightly at the end of 2017 aimingupward. The volumes and transactions today look too high to be simply a tip imo.

[aimingupward2] 03/1/2018 12:48

This is a very steep and sudden run up in the share price over the last couple of hours. Has there been a buy recommendation published somewhere?

[spud] 03/1/2018 12:35

Good to see that the log jam has cleared!

Itchy - I have a £29-£30 target for this year. Should be a stunner for all longtermers.

spud

[itchycrack] 25/12/2017 02:15

And to you Spud!
We should see £25+ in 2018 (IMHO).

[spud] 22/12/2017 12:08

A very Merry Christmas & Happy New Year to all holders, especially the Company. See you all considerably wealthier during 2018.spud

[rivaldo] 22/12/2017 08:52

ACSO's new Prism wristband has just been featured as a case study on Cambridge Consultants' web site - well worth a look:



Merry Xmas and a happy New Year to holders - 2018 should be another good year here.

[rivaldo] 20/12/2017 07:41

Good summary of the future for wearables in the cruise ship industry, in particular as regards ACSO's Ocean Medallion:



"Princess Cruises is the first of Carnival’s 11 brands to embrace the Ocean Medallion, a 1.8-ounce device that interacts with the ship, allowing passengers to interact with food and beverage, retail, entertainment, lodging, recreation, and excursions seamlessly – without ever taking it out of their pocket, off their necklace, or swiping a band. (The Medallion can be tossed in a pocket or purse, or worn in a variety of cases, like a necklace or band).

Padgett said the wearable leverages a first-of-its-kind “experience platform,” embedded with NFC, BLE, and other telemetry-producing sensors — in the context of a “smart ship” with an orchestrated multi-sensor experience ecosystem.

The Ocean Medallion “the most extensive experiential Internet of Things that’s ever been done,” Padgett said. Beyond the ability to open and lock doors, order drinks, make dining or entertainment reservations, or purchase excursions, the Ocean Medallion ecosystem embraces artificial intelligence that tracks and learns about the guest with every interaction. Padgett said this AI evolves in real-time, multiple times per second, to offer suggestions for guests based on where they are on the ship, time of day, and what activities are occurring at that time.

“This technology disappears into the experience,” Padgett explained. “Wearables came about because it’s about how to make things connected to the world become less invasive to your life. Any technology can do anything, but the real question is how do you employ technology to create an experience that’s immersive and not distractive.”

The Ocean Medallion gives guests the option of connecting to other Carnival technologies, including Ocean Ready (to answer health questions, scan passports, and go paper free), Play Ocean (a suite of mobile video games that can be played on or off the ship), and Ocean Compass (a schedule of on-board activities as well as a custom virtual sea avatar that appears across the ship).

“The way we use the mobile phone is as a guest option,” Padgett said. “The guest can choose how much digital exposure they want, from zero to 100. If you reject the mobile phone from the Ocean Medallion experience, you’re at no experiential disadvantage from other guests.”

The Regal Princess is the first of multiple Princess ships that will launch over the coming years featuring this technology. And Padgett said the hope is that additional Carnival brands like Carnival Cruise Line, Holland America Line, and Cunard adopt this technology in the future."

[orange1] 15/12/2017 07:54

He forgot the comma after weakness, I think.

[muffster] 15/12/2017 07:48

Buy into weakness when being overbought. ????

[spud] 14/12/2017 23:58

Goodapple - Will pay back in spades during Q1. If a great stock is being sold, buy into weakness when it's being over bought, sell into strength. Works for me! spud

[dan_the_epic] 14/12/2017 13:54

Imagine if someone repeatedly posted when they had cut their stake - would be shot down in an instant!

Interesting that blue prisms valuation has been pretty heftily cut from its peak fyi

[goodapple] 14/12/2017 13:13

Any more today spud? Glad someone is still buying.

[spud] 12/12/2017 14:01

Just taken another 1k.

spud

[rivaldo] 12/12/2017 13:39

I suspect an overhang which has caused the recent pullback has now been cleared, with the trade of 75,000 shares at 1950p which has just been reported.

Onwards and upwards :o))

[dan_the_epic] 06/12/2017 00:28

Totally agree - this is a sound business and much more so than most you mention there! Growth is valid either way, though organic carries less risk and really need to ex out acquisitive when looking at PEGs (otherwise will see a sharp rise in PEG in 2020 etc!).

Those other ones you mention are at even more vulnerable valuations than this IMO, because as you suggest their business models are weaker. Just think that at this point of the cycle have to be wary of looking beyond valuations and into the stories as valuations can unwind even when the stories are intact.

Market may disagree! In which case the names you've reeled off will continue higher!

Take care, DTE.

[rivaldo] 05/12/2017 23:36

Growth is just as valid from acquisitions funded from ACSO's operations and institutional investment as organic growth - and organic growth has been good for a number of years now (mid-teens would be just fine and extremely healthy when consistently achieved!).

Take a look at the m/caps of companies like NANO, WAND, VRS etc - PRSM belongs in the same category - which are some way away from even making any profits or decent revenues at all before griping about a company like ACSO which has lovely recurring revenues, fast-improving profitability, global technology leadership - as evidenced by the recent IAAPA award wins - etc etc :o))

[rivaldo] 05/12/2017 23:09

I'll repeat what I posted in reply to Dan's saying exactly the same thing only last month....

Take a look at the forward EPS forecasts showing almost 50% growth and giving rise to a PEG of only just above 1 - signalling pretty decent value from Slater's main investment criteria.

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, as Itchycrack says, 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.

[dan_the_epic] 03/12/2017 13:28

But even if you DCF something like Amazon, the price targets there and current valuation is not overly mental.

DCF this and it starts to look a bit stretched....

But this all comes back to the question of whether tech as a whole is overvalued and prone to a big correction even if operational performance keeps chugging along well. A lot of rhetoric around tech companies are the moment is a bit inflated, and not sure this can be excluded from that. Whether it actually corrects or not is a different question, but some broad tech weakness last 2 weeks worth keeping a close eye on.

PRSM going into reverse for example

[itchycrack] 03/12/2017 09:15

What you are investing in here is very strong growth, fantastic (and increasing) potential, very talented management, and with no real competition. Accesso are the Amazon of their sector. People pay a premium for this kind of company and its very talented management - something which is very difficult to find these days! Forget the P/E, CAPE and all the other ratios etc, they are largely meaningless and becoming more so year over year. The next leg up should take us well above £25 (IMHO). The bottom line is the company KEEPS DELIVERING, period.

[dan_the_epic] 01/12/2017 19:46

The major risk here is not how they execute imo but valuation. Tech valuations been weakening a bit over last week which obviously hits the more liquid stuff first. That's the main risk here IMO. Little bit around how they integrate the acqs but trust them to do fine on that given past record