Accesso Technology Share Discussion Threads

[1001011] 10/11/2018 00:39

The fundamental oversight(/dishonesty?) of all these Shareprophets calculations is that the author focuses in on H1 growth of a largely SEASONAL! business.

In the theme park industry, July, August, and Halloween (all in H2) are when the big cash rolls in and when off-season investments pay off. H1 growth, be it revenue or cash flow, is supposed to lag full-year growth expectations, by design, for an H2-heavy seasonal business. The off-season and low-season aren't meaningful predictors of peak season growth.

[itchycrack] 09/11/2018 23:31

Accesso has created a portfolio of solutions that has gained widespread traction and has opened up huge opportunities in other areas that were originally not even target sectors. As a result, and to capitalise on the growth in these areas, Accesso (and quite rightly so), is investing heavily in its future growth. It's just the normal function of a company undergoing a period or rapid growth.

If ever there was a buy and hold stock then Accesso is it. Unless you really understand the business and the management it's easy to adopt a 'traders mentality'. For me, the drop in the share price represents an unbelievable opportunity to add at levels I never expected to see again, especially with the low liquidity (which has largely exaggerated this drop in the share price). Building a large holding has always been difficult due to the low float and low liquidity.
I have been and will continue to drip-buy on an ongoing basis.

[dan_the_epic] 09/11/2018 19:15

I've read the Shareprophets article. They make some compelling points around free cash flow. Can they really turn off that spending tap? On a free cash flow basis, the stock is very weak, so the big question is what is normalised free cash flow and then value Accesso on a 4% free cash flow yield off that. At the moment, that answer is quite negative on my numbers

[the big fella] 09/11/2018 19:15

He was certainly here early days along with Glenn who sold at just over a quid to buy a load of property. I suppose I shouldn’t̵7;t grumble. Similar time I bought Sprue and made over 500k in them.

[spud] 09/11/2018 17:43

Never did buy the percy 350k - Especially when he inadvertently let slip a comment about his boss when the shares were @ circa £8.

Probably bought 3k’s worth, had a few pints and got carried away late night on the keyboard.

Sceptical spud

[shanklin] 09/11/2018 15:01

Just looking at ACSO's tweets and think this job in the "healthcare vertical" sounds quite interesting in terms of what ACSO are seeking to achieve.

401K, Medical
Employment Type
Full-Time
Why Work Here?

“Innovative technology company servicing clients in the attractions industry, awesome work culture, rapidly growing with generous benefits!”

About Us

accesso® is a worldwide software company delivering industry-leading virtual queuing, eCommerce, ticketing, and experience management solutions for a wide range of industries, including attractions, hospitality, healthcare, cultural, leisure and quick-service food. Our products and services already support some of the top venues in the world including a wide variety of paid admission operations in household name attractions, ranging from theme parks, water parks and zoos to cultural attractions, cruise ships and sporting events. Our innovative approach to driving revenue is a key differentiator of our proprietary and patented technology. We help our clients achieve their goals through our unsurpassed service, rapid-release software deployment and commitment to innovation. Everything we do helps our clients focus on what they do best - providing outstanding experiences for guests - while we provide technology that readily supports our clients’ efforts to drive revenue. We have focused intensely on fine tuning our process to ensure success for our clients and our company.

Position Overview

The Senior Product Manager for accesso's healthcare vertical is responsible for all product management related functions for CareReady. CareReady combines the software of TE2 with the wearable technology of accesso LoQueue. This role will work with other product teams to bring the CareReady MVP to market. The goal for the CareReady solution is to transform the patient experience by eliminating the communication gaps in a hospital setting, while assisting healthcare providers to undercover operational inefficiencies and opportunities to elevate their HCAHPS scores.

The CareReady Senior Product Manager will meet with current and future customers, develop and own the backlog, prove out product market fit, and work closely with partners (internal and external) to develop the CareReady product roadmap, drive software releases, and support customer launches. The CareReady Senior Product Manager will use a dual-track agile product discovery process to rapidly introduce new capabilities. You will be working closely with other Product Management teams, Business Development, UX, and Engineering.

Reports To: President, TE2 (interim)

Location: Lake Mary, FL

Travel: Up to 50% to internal and external meetings.

Key Responsibilities and Deliverables

Assess product opportunities within the healthcare space and validate decisions with clients and users.
Define, test and prove what product and features are to be prioritized and built.
Leverage tools and techniques that are customary for the product management function.
Define MVP and new features, write user stories and acceptance criteria, define KPIs, set OKRs, own and prioritize backlog, and triage defects to iteratively deliver, launch, and measure the success of each release.
Create and manage the product roadmap for CareReady, insuring your team is always working on the highest priority functionality.
Identify opportunities for new features and develop business and product plans and success metrics to make the case for investment.
Set quantifiable goals with customers to increase their HCAHPS scores.
Work closely with cross-functional accesso stakeholders to understand current and future requirements for CareReady, while also understanding the market landscape of available solutions.
Build trusted and valuable relationships, supported by great communication skills with the engineering, quality, and project management and scrum teams to ensure a successful and coordinated product development process, including working through development dependencies.
Attend and present at customer meetings, internal company functions, and healthcare conferences to aid business development.
Ensure product and services are aligned to customer needs.
Ensure we communicate product releases through presentations and authoring of customer release notes and documentation in conjunction with technical writers.
Support the scrum team in designing platform functionality, reviewing design documents and architecture, and participating in technical discussions.
Conduct candidate interviews and help scale the healthcare vertical at accesso.

Work with Business Development to:

Create a comprehensive vision and annual sales strategy, focused on gross margin and profitability.
Continually gather and analyze market data and industry trends within healthcare vertical.
Present objective data for build vs. buy decisions relating to bringing CareReady to market.
Develop a comprehensive understanding of the competitive landscape.
Create and refine value messaging for the CareReady product.

Experience & Requirements

7+ years of product management experience, with a minimum of 3 years of experience within the healthcare space.
4+ years of customer facing product and/or business development experience.
BS Degree or equivalent work experience.
Experience conducting product discovery testing.
Experience establishing goals and metrics to measure effectiveness after releases; monitor & report on progress.
Ability to analyze potential partner relationships.
Strong team skills, both as a leader of a product team but also working across product teams to get the best results for the company.
Ability to converse fluently engineers about technology as well as executives and customers about business needs and objectives.

What We Offer

Competitive salary based on experience
The opportunity to earn an annual company discretionary bonus with the potential for stock options
Generous Paid Time Off as well as paid Volunteer Time Off
Health insurance plans, including employer-contributed HSA and employer-paid disability and life insurance.
Matching 401K
Unlimited access to Udemy for Business for continued learning and career development
A flexible work schedule around our core business hours

Other Considerations

We are an E-Verify organization. Eligible candidates must be authorized to work in the US without requiring visa sponsorship.
accesso is a drug free and smoke free company, meaning employees may not smoke or use illegal drugs while at work or away from work.
This is a full-time position. No contractors please.

If you are interested in joining a team who values Passion, Commitment, Teamwork, Innovation and Integrity and what we’ve described above is YOU, then apply today and let’s talk!
accesso Technology Group, plc
About accesso Technology Group, plc:

accesso technology has been providing cutting edge queuing and ticketing solutions to major theme parks and attractions for over a decade. Our powerful and innovative solutions deliver breakthrough revenue generating technology for our clients around the world. Our products and services currently support some of the top attractions in the world including a wide variety of paid admission operations ranging from theme parks, water parks and zoos to cultural attractions and sporting events.

Our innovative approach to driving revenue are key differentiators of our proprietary and patented technology. We help our clients achieve their goals through our unsurpassed service, rapid release software deployment and commitment to innovation. Everything we do helps our clients focus on what they do best, providing outstanding experiences for guests while we provide technology that readily supports our clients efforts to drive revenue. We have focused intensely on fine tuning our process to ensure success for our clients and, in turn, our company.

Company website:

Company address: 1025 Greenwood Blvd #500, Lake Mary, FL 32746

[the big fella] 09/11/2018 12:27

Morning Hangers. This was the one that well and truelly got away for me. 250k shares at under 10p nearly all sold before £1. Hey ho.

[mr hangman] 09/11/2018 11:58

Dear me,i'm no chartist but Just look at the chart.., looking like another big spike downwards, just hope this does not turn into another CRAW, but those unlucky shareholders, did get a couple of dividends, Morning BF, hope you are keeping well

[spud] 09/11/2018 08:58

Indeed, but his finger is working up into a frenzy atm :-)) Attaboy!!Meanwhile I'm off to Blakeney shortly for a long weekend where the internet is a rude word and the only attire is a pair of red trousers and a black Labrador. Sadly I'm only packing jeans, Boston Terrier & girlfriend...spud

[ddubzy] 09/11/2018 08:37

Not much of a life either!

[ddubzy] 09/11/2018 08:33

Assume 'the analyst' at that prophets place!

[spud] 09/11/2018 08:16

What's making me smile this am, is the person marking down every positive post (Long position) and up every negative. Please, for my ocd & continuities sake, give this post a thumbs down chap.You're doing a sterling job btw! :-))spud

[skatersav] 09/11/2018 07:36

The PEG is based on sell side research!

[itchycrack] 09/11/2018 05:12

rivaldo - couldn't agree more!

[rivaldo] 08/11/2018 23:18

On a PEG of only around 1 the current share price is now pretty good value.

Perhaps our friends forget that the driver behind much of the recent investment derives from the development and implementation of ACSO's products across Merlin's entire global estate, which is still continuing and will really bring in the big rewards from next year with a consequent jump in profits and EPS.

Then there's the potential rollout across Princess Cruises and perhaps the whole of Carnival too.

With the additional potential from a rollout across the Universal Studios theme park estate given the first implementation at Volcano Bay.

As supernumerary points out, customer concentration has improved immeasurably since most of us were first invested here!

The new CEO, as the former head of IAAPA, has brought further heavyweight presence to the party. Presumably he has joined ACSO with high confidence in the company and its prospects since he would have known ACSO intimately from his time at IAAPA.

Share prices look forward, not back. It seems to me that ACSO's prospects are more positive than ever above and beyond the ups and downs of quarterly theme park attendance figures etc.

[spud] 08/11/2018 21:46

And it's a Short future bless him/her..spud

[supernumerary] 08/11/2018 21:39

Well it made me laugh anyway. When I bought the bulk of my LoQ shares, they only had one customer. And that customer was in Chapter 11.

You can spend your life trailing along behind the latest bit of received opinion, or you can think for yourself. It's pretty clear where rachael's future lies...

[horndean eagle] 08/11/2018 21:30

Looks like a hatchet job but at same time he has some valid points. He isn't the only one running with the same sort of theme. May see some weakness off that.

[spud] 08/11/2018 18:24

It appears to have been a 25k fill or kill @1860p. spud

[rachael777] 08/11/2018 16:29

share prophets dont think much to it....




In summary:

1. The true growth of this business is paltry, at best: I estimate growth of around 3.9% in H1 2018, far below the company’s claimed 47%

2. At least two accounting tricks were employed in 2017 to boost earnings: These tricks may have represented circa 80% of 2017’s net income

3. Customer concentration may be much worse than people think: Over 30% of the company’s revenues stem from a single declining customer

4. Cash flows: Not healthy, capitalisation has increased sharply since the implementation of the company’s current management LTIP

5. Management incentives have been purely based on the share price: This perhaps explains much of the behaviour

6. Departure of the CEO seems suspicious: He left with 1 year to go of his five year LTIP, leaving half the stock award on the table – Why?

6 (part 2). The Exec Chairman and CFO sold half of their shares, in the spring of this year: The CEO departs immediately after two transformational acquisitions, other execs sell stock in size

7. The valuation is astounding: I call it down by 50%... for starters

[gleach23] 08/11/2018 16:29

Backstopping the price? Can you please explain...

[gleach23] 08/11/2018 16:03

Cheers spud...good news. Nice to be able to do such a dummy trade!

[mawge] 08/11/2018 16:02

you're holding 15,000 shares?

[spud] 08/11/2018 15:56

Looks like theres a big buyer about. Dummy traded 15k and was offered on the Bid.

spud

Edit : Backstopping the price as I'm being quoted the same to buy....