Accesso Technology Share Discussion Threads

[supernumerary] 21/2/2019 20:23

1001011 - 75? - I did - I thought Amazon was a potential buyer for Accesso ;¬) Even now, it remains a possibility - it's a business they want to be in but they haven't found a way to break the deadlock on ticket sales in the US held by Ticketmaster in particular. Maybe when ACSO finishes the Alexa interface ;¬)

[spud] 21/2/2019 13:16

Or a third - Buy the Company & its associated ip.

spud

[1001011] 21/2/2019 13:06

"Im suspicious that there are pricing/margin reductions...
as new tech. gets introduced..& greater possibility to use apps on phones.....& supplying a queuing product imo gets cheaper every year..."

accesso has patents that have given it a monopoly position (or duopoloy with Disney) on virtual queueing. And a monopoly creates pricing leverage. The more people that want to get into virtual queueing, the more they'll find that they have two options: work with accesso or infringe on their patents. That's the situation Universal Theme Parks found themselves in.

[smithie6] 21/2/2019 12:33

'would have sold at 10 quid & received 850p'

?????

your broker is fleecing you on trading costs !!

;-)

[spud] 21/2/2019 11:51

Sorry to disappoint Orange but my last buy was at 726p. It’s amazing, but if you want to find out about the ‘true’ state of a company, speak with a senior Executive who actually knows what’s happening instead of listening to a BB with people talking their own Book. If I hadn’t spoken, then yes, I most probably would have sold at 10 quid and actually received about 850p (roughly where it is now).

Good luck with your current position btw.

spud

[orange1] 21/2/2019 11:41

Spud - 11 Nov 2018 - 17:32:25 - 3103 of 3815

The Market will need reassurance at some point regardless unless the Company is happy to have a run on the price. Weâ€T82;re seeing zero support from IIs atm and without it, this could very easily slip below £10. If that happens even I will have to re-evaluate my position here...


Spud - 16 Nov 2018 - 20:57:05 - 3159 of 3816

If you’re happy with a 50% reduction in the value of your company within a month then yes. Personally I would have preferred to have nipped it in the bud. Holders who have held for years are being stopped out & I know of a few personally. This didn’t need to happen.

As i said previously, there will come a time, if it continues on its downward trajectory, when mine will have to be sold - And I have quite a few.

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Not selling at 800p then?

[smithie6] 21/2/2019 11:32

ds805

...I agree..

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Im suspicious that there are pricing/margin reductions...

as new tech. gets introduced..& greater possibility to use apps on phones.....& supplying a queuing product imo gets cheaper every year...& imo that will continue, like TVs or mobile phones.

...Merlin or 6Flags turnover has imo fallen in recent yrs...despite phps being used more !


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btw

down 10% in recent days

bulls can shout "buy buy" but it doesnt seem to be working

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disclosure. no positn.

[spud] 21/2/2019 11:19

Looks as if the remnants of the BR stake is finding a ‘new’ home at last.

spud

[spud] 21/2/2019 11:04

Indeed. Ably lead by TB, who after an hours conversation with him in 2008ish, convinced me to accumulate a near 1% stake in the Company.

Not looked back since.

spud

Edit : The Amazon reference is as super previously explains

[supernumerary] 21/2/2019 10:53

And while I'm here it's perhaps worth mentioning that so far as I'm aware ACSO has never lost a meaningful contract, indeed it's one of the hallmarks of the quality of the business that so many contracts have been renewed or extended or both.

[supernumerary] 21/2/2019 10:49

spud - I think he's short because he's still only very young. He uses terms like 'sell-side analysis' because he thinks it makes him sound like a grown-up; it's symptomatic that he hasn't realised it has the opposite effect...

[spud] 21/2/2019 10:46

These vertically challenged chaps will do anything to twist the truth to suit their own book....

spud

[supernumerary] 21/2/2019 10:43

ww - was an Ingresso contract. Given Ingresso just got their earn-out, I don't think they can have been too affected ;¬) And just for the sake of accuracy, ACSO didn't lose the contract, Amazon got out of the ticketing business in the UK (they never managed it at all in the US) at the start of 2018.

And I don't think there's an earn-out on the TE2 deal, so I don't know what all the guff about 'killing it' means.

[ali47fish] 21/2/2019 10:25

Spud please tell me if you will remain invested - i am in a dilmma as to whether i should try to reduce my losses or remain invested

[wisewilliam] 21/2/2019 10:20

Since when did Acso ever have a contract with Amazon? I've never heard of it.

[ds8095] 21/2/2019 09:59

smithie, don't listen to the 11% stuff. For starters, it was buried in the disclosure, whereas the 47% "underlying growth" was front and centre. The 47% number is what they wanted you to look at, and that should tell you something about this executive team. Furthermore, I have found it impossible to back out the 11% number using even remotely believable assumptions. You have to assume that TE2 absolutely killed it on revenues in the final couple of weeks before it was acquired by ACSO. That would be somewhat unusual given the selling execs of TE2 were on an earn out! Why would they push through a whole load of revenue in the last two weeks before acquisition? They would be under enormous incentives to do exactly the opposite.

Final point: Given the lack lustre growth (as we have debated above), which was apparently in large part a result of the loss of Amazon as a customer (see sell side research), one might have expected ACSO to disclose the loss of Amazon as a customer when they lost Amazon as a customer. Instead, they seem to have decided not to announce this large customer loss. Subsequently, and before the earnings release (which included the controversial 47% "underlying revenue growth" claim) executives sold stock, in size...

Disclosure: I am short.

[orange1] 20/2/2019 22:29

That's what MMs do.

[spud] 20/2/2019 21:28

Assuming the MMs are keeping a balanced book....spud

[nimbo1] 20/2/2019 18:04

Well to state the obvious for every sell there is a buy and vice versa - the fact there is buying isn't the important thing. The price fell so the pressure was on the sell side and therefore the price went down...

[spud] 20/2/2019 16:49

Some serious accumulation going on at and after close...spud

[1001011] 19/2/2019 16:01

They're still posting jobs for accesso Health. Doomsdayer predictions not panning out on that front. :^D

accesso Technology @accessoTech Feb 14
We are #hiring President, accesso Health in Lake Mary, FL ziprecruiter.com/tja/882a6676 #jobs #LakeMary #IT #Technology


"CareReady combines the software of TE2 with the wearable technology of accesso LoQueue."

[robbiekeane] 19/2/2019 14:57

yes I suppose so - hurtling from £29 per share to £8 per share in 3 months does take it out of you...