Accesso Technology Share Discussion Threads

[aimingupward2] 22/5/2018 09:38

Whatever wisdom is hidden in that quote is obscured by the poor expression of it, so not worth quoting imo.

[pj0077] 22/5/2018 09:26

"Notice that the point where a security seems most enticing on the basis of realized past returns is also the point where the security is least promising on the basis of expected future returns."John Hussman, May 2016

[aimingupward2] 22/5/2018 09:00

Just nudging past an all time high, so blue skies ahead.

[wildchild] 22/5/2018 07:50

Yep. All looking as good as it can at this early stage in the year.

[rivaldo] 22/5/2018 07:19

Excellent AGM statement, with a "strong" start to the year. You can't ask for anything more at this stage, with "the early signs being good".

The partnership with Marriott Hotels is good news, as is the expansion of Ingresso into the USA:

[aimingupward2] 21/5/2018 14:08

At 13.43., rivaldo, a buy 5 times bigger - 25.000 shares, value £575,000, followed by another 15,000 shortly after. So confidence being shown!

AGM tomorrow. I wonder if there might be a trading statement.

[spud] 21/5/2018 13:03

Nice. Price set to resume its upward trajectory imospud

[rivaldo] 21/5/2018 12:20

Nice £115,000 buy at the full 2300p offer price just now.

[janeann] 13/5/2018 08:28

oops; clearly a seriously blonde moment. apologies and thanks.

[rivaldo] 12/5/2018 14:20

Janeann, because Kames have now bought 1,36m shares (including the small CFD), whereas Standard Life have 2,779,615 shares.

The figures you have quoted are the TOTAL number of shares ACSO have in issue (or from the "issuer" as it says in the RNS's).

You need to read these things carefully :o))

[janeann] 12/5/2018 09:26

thank you for correcting all my mistakes!!! (and no I wasn't worried)

But please can someone explain how Kames holding can be

5.05% with 26,933,932 voting rights

YET Standard life is

10.29% with 27,000,925 voting rights.

Something doesn't add up. What am I missing?

thanks

[spud] 12/5/2018 08:37

Spot on!spud

[rivaldo] 11/5/2018 23:42

Firstly, you chaps seem to have missed tonight's RNS, which shows Kames Capital increasing to above 5% from 4.27%, so they've been one of those buying in all that recent volume:



Secondly, Standard Life's holding has remained exactly the same, they have not been reducing. Their total holding has remained as per their previous RNS, i.e 2,779,615 shares. They simply had to disclose as ACSO had a few more shares in issue, so their percentage holding went down below the 10% threshold.

[itchycrack] 11/5/2018 21:08

They are probably just portfolio rebalancing - its nothing to worry about.
This is what fund managers have to do all the time when they have high performing stocks like Accesso.

[janeann] 11/5/2018 14:27

well perhaps not the news I would expect - standard life reducing - but there still seems good demand for the shares

[spud] 10/5/2018 16:47

Some strong buying today ahead of news I would suspect...

spud

[rivaldo] 01/5/2018 07:27

Good to see that Merlin have issued a positive trading update which has been well received by the markets.

That means Six Flags, Cedar Fair and Merlin have all issued good Q1 trading statements recently::



Also, after their forecast-beating Q1, Six Flags held their usual conference call. No mentions for ACSO, but plenty of optimism and lots of emphasis on global expansion and likely acquisitions of more water parks and theme parks:

[lomax99] 29/4/2018 15:02

Good article, thanks for posting. A strong desire from the cruise operators to protect their core business by providing a more immersive personal experience to their cruisers is understandable. Perhaps a slight negative is the timeline for meaningful deployment, which seems to be some way off.

[panic investor] 29/4/2018 12:43

Medallion is acso

[rivaldo] 29/4/2018 12:42

Ali, the Ocean Medallion was developed by TE2, which just so happens to be an ACSO subsidiary following its acquisition. For example:

[ali47fish] 29/4/2018 12:29

waht the connection with acso rivaldo?

[rivaldo] 29/4/2018 07:54

Excellent recent article about the introduction of the Ocean Medallion on Carnival Cruises - the inevitable initial bugs will be dealt with, but this is the future of cruising. Carnival plan to have it on all their Princess ships and then presumably over time on all the rest:



Extract:

"At Carnival, Padgett and his team quickly set out to create Carnival’s own version of the Disney MagicBand, called the Ocean Medallion. It uses AI to take the MagicBand technology to another level. Instead of just alleviating the “friction” of typical travel experiences (lines, room keys, paying for things) it will use data to anticipate what you want to do, eat, and see.

“The premise behind the creation of MagicBand was to change how guests experienced their vacation, not what they are experiencing,” Padgett says. “I had this hypothesis that you could maximize guests’ experiences by personalizing the experience, to increase the value of the experience while simultaneously decreasing friction so they can experience more.”

It’s like what Uber did for black cars

The Medallion, offered first on Carnival’s Princess cruise line, is about the size of a quarter. You can keep it in a pocket or handbag, or buy accessories like sports bands or lanyards so that the token can be worn as a bracelet, necklace, or pendant.

It’s similar to the MagicBand in that it has information on you even before you step on the ship. It facilitates boarding and cuts down on wait times. It can be used to pay for things on the cruise, it unlocks the door to your room as you approach, and can be used on the ship-wide gambling platform.

Carrying the Medallion means the staff knows your name and where you are. If you order a drink, they can come find you to deliver it. If you go to another bar on board, the staff already knows what you like. The Medallion also updates your information, keeping track of your likes and dislikes, what activities you enjoy, and what you consume. It anticipates other activities you’ll enjoy and the side trips you’ll want to take.

The Medallion promises the sort of personalized vacation millennials crave, and what passengers on the Love Boat always somehow seemed to get. Padgett says this level of service is normally available at only the most expensive hotels and spas, but the technology has the potential to democratize it for the masses. “It is similar to what Uber did for black cars,” he says.

Technology, especially AI, is normally presumed to replace people and face-to-face connections. But the Medallion does something different. Instead of replacing personal connections between passengers and human staff, the technology is being used to turbo charge those connections. Ideally, Padgett says, vacationers will feel known by crew members they just met. “Our goal is for technology to disappear in the entire equation and empower next level human interactions.”

Harder than it looks

Donald announced the Medallion with much fanfare in a keynote at the Consumer Electronics Show in Las Vegas last year, and he and Padgett greeted the first Medallion customers aboard the Regal Princess in November 2017. But the rollout is going very slowly. So far, the technology is only available on one ship to select customers.

Carnival CEO Arnold Donald holds up the Ocean Medallion wearable for cruise ship passengers, during his 2017 keynote at CES in Las Vegas

A passenger on one of the first Medallion-powered cruises wrote in a review on CruiseCritic.com that she had to upgrade her room to become eligible for the Medallion, and found the technology to have limited functionality and its share of bugs. That said, “Macusr” remains excited about the technology, writing on CruiseCritic.com that “we still got a thrill as IT geeks at being the first Princess cruisers to have a Medallion. We know the next time we cruise on a Medallion class ship that we’ll get to have the full experience.”

The MagicBand rollout by Disney took four years; Carnival is only three years into the Medallion. But in many ways the technology is more complicated. The Walt Disney World Resort is close to 48 square miles, but it does not move. Cruise ships are in constant motion, all over the world. The Medallion needs to be in constant contact with the cloud, something that cruise ships aren’t powered to do. Carnival had to come up with the technology that made it possible. And even though the infrastructure is in place, the company is taking a a low-risk approach by phasing it in very slowly.

Carnival plans on having all of its Princess ships fully wired to handle the Medallions within the next several years. When it will be available on its other cruise lines remains unclear.

“When you are transforming a floating city, you have to consider the training of your crew, the communication to your guests, the staging of all the products and services, the coordination of all the technology—it is endless, all the factors you have to consider,” Padgett says.

In many ways the Medallion is a beta launch of the first fully wired smart city. What it takes to make it work could one day be used on land. Padgett says the technology is innovative because the preferences you reveal are updated in real time. You order a Martini and every crew member on the ship instantly knows more information about you, and is that much closer to determining whether you might enjoy trying scuba diving—or just kicking back in your stateroom with an old episode of The Love Boat."

[spud] 27/4/2018 16:38

Paul Noland on the future of our Company:



spud

[rivaldo] 25/4/2018 12:23

Peel Hunt today reiterate their Buy and 3100p target:

[rivaldo] 25/4/2018 07:25

More good news - Six Flags announced after the close they'd had a record performance in this Q1:



"Record Start to 2018 at Six Flags
Business Wire
April 24, 2018

Six Flags Entertainment Corporation (SIX), the world’s largest regional theme park company, today announced that revenue for the first quarter of 2018 increased by $29 million or 30 percent from the first quarter of 2017 to a record-high $129 million. The revenue growth resulted primarily from a 27 percent increase in the number of guests visiting Six Flags parks, and the success of both the company’s pricing strategy and international licensing program. Attendance at Six Flags properties grew by 0.5 million to 2.4 million guests. This increase was driven by additional operating days from Six Flags Magic Mountain moving to a 365-day calendar; Hurricane Harbor Mexico being open in the first quarter, while not open in the first quarter of 2017; adjustments to park operating schedules due to the earlier timing of the Easter holiday; and additional attendance due to the company’s higher Active Pass Base, which represents the total number of guests who have purchased a season pass or who are enrolled in the company’s membership program.

“We are firing on all cylinders as we made excellent progress in the quarter against each of our five growth initiatives,” said Jim Reid-Anderson, Chairman, President and CEO. “With our record-high Active Pass Base, ongoing price increases across all ticket and culinary programs, growing dining pass penetration, new water park openings and new international licensing agreements, we are poised to deliver another record year of financial performance in 2018. We remain laser-focused on exceeding $600 million of Modified EBITDA1 in 2018 and continue to work toward our long-term aspirational goal of $750 million of Modified EBITDA by 2020.”

etc"