Accesso Technology Share Discussion Threads

[cf456] 05/4/2019 15:15

Yes, directors certainly bullish with their chunky recent buying.

Nearly a quarter of a million in total.

---

Karen Slatford - 11835 @ 845 = £100k
Bill Russell - 10000 @ 862.5 = £86k
Paul Noland - 6000 @ 980 = £58k

[rivaldo] 05/4/2019 14:35

The (relatively!) new CEO has just bought his maiden stake in ACSO - not a bad statement of intent at almost £60,000 at 980p:

[r1singson] 05/4/2019 12:29

Large buy orders going through now

[crescenter] 05/4/2019 08:51

Just like old times.

Down she goes.

[gymratt] 04/4/2019 15:05

Nice deep bowl in the making..

[supernumerary] 04/4/2019 12:14

It's just like old times again ;¬)

[r1singson] 04/4/2019 12:03

Interesting moves here very lately...all gaps must be filled!!!!

[hatfullofsky] 03/4/2019 17:26

Well got my timing well and truly wrong with this one. Well done those with bigger balls than me !

[rivaldo] 03/4/2019 10:35

Big trade of almost exactly £2m just reported at 880p - maybe the delayed reporting of a large buy which has helped to cause the recent bounce, or maybe a clearance of an overhang. Either way it's good news.

[rivaldo] 02/4/2019 09:20

Good to see two directors making their maiden share purchases here - £186,000's worth is a pretty decent wodge of cash:

[ali47fish] 02/4/2019 07:27

directors buying

[togglebrush] 30/3/2019 12:53

By my calculation the Buy and Sells since Wednesday have been
‘
Daily Volume_Buy____Sell
‘
Wed_____266,532 ___668,958
Thu_____130,493 ____33,377
Fri_____223,317 ___143,409
'
Total___620,342____845,744
‘
Big sellers held the market early on Wednesday. It changed around mid morning and so did the share price after a big down spike. Since then buying has been the majority and price has been rising since then.
‘
This data can be checked on earlier posts on this BB or in public domain.
IMHO my guess is that there are still some cheap shares to be bought here for those who belief in the growth potential of this company. DYOR

[ali47fish] 29/3/2019 17:45

i have reduced my holding to a few shares before the update and i wonder if this really is going to recover long term and whether therefore to add as it does-any insightful views very welcome!

[ih_497623] 29/3/2019 12:25

Cannacord Genuity is accesso's biggest shareholder right now (9.98%). They have far more votes than current management/founder. If Cannacord Genuity wants to start pitching accesso to private equity firm buyers in the U.S., the company wouldn't be able to stop them.

[ih_497623] 29/3/2019 08:59

"How is the best trading system determined for each company?
With regards to existing securities on AIM, there exists a quarterly review process that is carried out to ensure that a security is allocated to the trading service that is most appropriate."

[rivaldo] 29/3/2019 08:50

Extensive summary of Cannacord's upgrade to Buy, concluding:

https ://www.proactiveinvestors.co.uk/companies/news/217440/accesso-technology-making--decent-progress--despite-headwinds-canaccord-sees-significant-potential-upside-217440.html

"They pointed out that at their new (1400p) target price, accesso’s shares would trade on 3.1 times full-year 2020 EV/Sales and 13.3 times EV/EBITDA, while their US SaaS (software-as-a-service) cohort trades on a median EV/Sales of around 7.4 times.

The analysts said, in their view, this “wide delta may attract a predator.”

They concluded: “High repeatable revenues (c75% of Group), high gross margins (c72%) and market-leading application footprint might all appeal to a PE (private equity) buyer for example.”

[togglebrush] 29/3/2019 07:51

Company needs to address and consider its share dealing system from the archaic book system to more modern system akin to a match making system and possible direct dealing for larger orders.
‘
This would make trading fairer and more efficient for large and small orders.
‘
On Wednesday High price was 900 and Low 730. An order of 100,000 shares (£740,000) was against an order for 9 shares (£66). Many deals of similar sizes to previous example existed on Wednesday.
‘
Daily Volumes__Pre___Interims___Post
'
Maximum_____821,635______2,075,391
One in 100__535,653______1,629,819
Q3___________65,164________200,222
Median_______28,301________114,512
Q1___________12,208_________54,326

[togglebrush] 28/3/2019 13:12

Re #4029
Price action today may be affected because.:-
Yesterday we had Overseas Orders (??New York) of over £1.5 million nearly all sells
Today we had Overseas Orders (??New York) placed over night at 840 reference price. The total being over £320k buys were recognised but not placed on the book until around noon. These account for half the value of trades so far today. This is just my assessment of situation

[rivaldo] 28/3/2019 11:29

Canaccord has today reduced its target price to 1400p, but has upgraded to Buy (from Hold)....

[smithie6] 28/3/2019 10:48

some crashers which havent bounced



- Carclo
- Titon
- Trak
- Countrywide
- PHD
- Accesso
- Restaurant grp
- phps Aggreko

that a share will always bounce back after big falls...its not g'teed & often doesnt happen.

[tsmith2] 28/3/2019 10:08

anyone make sense of trades?

[tsmith2] 28/3/2019 09:17

MMs could do everyone a favour and show real spread

[eezymunny] 28/3/2019 08:58

Can you give Numis price target when the price was 30 quid Dalmo? Might make for good entertainment!

[ih_497623] 28/3/2019 08:54

Numis leaves price target at 1400p and says view is "Buy", up from "Add."