Accesso Technology Share Discussion Threads

[brummy_git] 27/3/2020 15:02

Love the technology, first-class customer list, and believe new CEO Steve Brown is top-notch.

However to me, it all comes down to how long it will take for accesso's themepark clients to open up in the new social distancing world.

And then how many visitors will be prepared to go there with line restrictions and other movement paraphernalia - ie in the absence of any medical solution?

The company definitely deserves to succeed, albeit the macro environment is largely out of its own hands. Plus it's not totally out of the question that one of its big customers goes bust, since they won't be included any government bailout. Not important enough.

[qs99] 27/3/2020 13:50

Glad to see the company FINALLY looking at CaSH EBITDA which deducts dev costs capitalised as I was saying a while back, the EBITDA was constantly being flattered by shoving all those costs on the balance sheet IMO.....

CASH EBITDA is the key, that was down last set of results to c.$7m DYOR>...which says it all.....IMO this has further to fall, then when they can get that cash EBITDA number progressing again, and not be spending 5 times that each year on product development (ffs!), then it may be a buy again.....

DYOR

[rivaldo] 27/3/2020 13:42

It does look like Liontrust are buying every share they can get their hands on.

They've bought another 500,000 shares in a day, and now have 3.78m shares, or 13.67%:

[1001011] 27/3/2020 01:04

Liontrust's standard position size per company is 1%, 2%, 3%, or 4% of each fund. The buying spree could very well continue on that basis to get to 1%. Remember that Liontrust was holding tens of millions of pounds of ACSO the first time they became a major shareholder.

[greyingsurfer] 26/3/2020 17:09

Better for who, undertakers?

[1001011] 26/3/2020 15:03

The Donald is wanting to reopen parts of the U.S. by Easter, says the cure shouldn't be worse than the problem itself, and young people crowded beaches and public parks despite orders otherwise. It's boding better for the summer season in the U.S.

[togglebrush] 26/3/2020 14:50

Total Daily Trading volumes
_____________________in the for sale period ended 22 Jan 2020
10,043,865 ___127 days
_____________________in the last two days
_9,821,459 _____2 days

[rivaldo] 26/3/2020 14:38

Great to see Liontrust more than doubling their stake to 11.86%.

And BlackRock increasing to more than 6%.

Incidentally, this contract win news from last week hasn't been reported here:



"accesso teams up with ITV to offer accesso Passport ticketing suite

Accesso, an award-winning provider of technology for attraction operators, has formed a strategic agreement with ITV Broadcast, to implement a ticketing suite known as accesso Passport.

The suite provides a number of interactive experiences to connect ITV’s experiences and tours with prospective customers around the world.

The accesso Passport ticketing suite will be available across ITV’s Coronation Street The Tour and the Daytime Studios Tour, as well as a new attraction opening in Manchester.

The innovative ticketing suite will enable ITV to manage transactions seamlessly and simultaneously build customer loyalty via a wealth of intuitive membership tools.

Designed to drive revenue, the ticketing suite provides easy up-sell, cross-sell and quick-sell prompts while helping guests seamlessly plan their visits to ITV tours and attractions.

James Penfold, ITV controller of partnerships, commented on the new partnership with accesso: “In accesso, we’ve found an essential platform for our ticketing and distribution operations, which are crucial to both our company’s success and the full satisfaction of our valued guests.

“With their worldwide client base and team’s dedication to client services, we are incredibly excited for all the benefits this partnership promises,” Penfold added.

etc"

[ali47fish] 26/3/2020 14:18

never mind blackrock liontrust has adde from c5 to 11pc- what people think about the prospects here

[1001011] 25/3/2020 21:56

Volume of 8.5 million today, Wednesday (equal to ~30% of the shares in issue). 10.6% up-day. Stay tuned to see whether the huge volume continues. BlackRock has filed 2 disclosures in the past week.

[1001011] 25/3/2020 07:49

Six Flags closed up 15% on the day, Disney +14%, Cedar Fair +18%, SeaWorld +27%.

[1001011] 23/3/2020 02:15

BlackRock is back as a major shareholder (5.24%), they disclosed Friday after close.

Legoland Japan, an accesso customer, reopened today:

[1001011] 20/3/2020 06:23

"...MiceChat, the Disney fan website, wrote that the new app-based virtual queues could be implemented as a form of social distancing.

“We’re wondering if the implementation of virtual queues for popular attractions could mitigate the amount of time spent standing next to other riders,” MiceChat wrote. “When Disneyland reopens, whenever that might be, they’ll still want to keep large groups from forming until this crisis has been averted.”

Waiting in attraction queues is part of any theme park experience. Removing queues would fundamentally alter the logistics of any theme park and impact everything from crowd flow to attraction throughput to visitor length of stay.

Universal’s Volcano Bay water park in Florida eliminates the hassle of waiting in lines completely with the Tapu Tapu wristband that is included with every admission. The virtual queuing system allows visitors to tap a wristband at a totem station to book a return time for the park’s major water slides. An LCD touchscreen keeps track of all the booked ride times and the wristband vibrates 15 minutes before visitors need to return to a slide.

The Volcano Bay virtual queue system allows visitors to spend extra time in the wave pools, lazy river, water play fortress, restaurants and shops. The wristband also triggers interactive water jets and lighting effects throughout the park.

The Volcano Bay wristband was developed by United Kingdom-based Accesso, which also makes the QBot handheld device that powers the Flash Pass virtual queue system at Six Flags parks. The wristband’s capabilities include proximity-based marketing, push notifications, cashless purchases, photo tagging, locker rentals and keyless hotel room entry..."

[wisewilliam] 18/3/2020 12:51

I must say I am not surprised. Acso has great technology and the cost for any new market entrant would be hundreds of millions $.

[1001011] 18/3/2020 12:16

Clawing back half of the opening drop roughly half-way through the day. Finding buyers at this level.

[mr hangman] 18/3/2020 08:49

i sincerely hope, all the oldies here (you know who you are) top sliced into the
massive rises in the past years

[blueball] 18/3/2020 08:45

Worth 30p at the most imo.

[1001011] 18/3/2020 08:35

They have the original Lo-Q office in Twyford and the Ingresso office in London. One of the UK government loan program details is here: ...The general criteria is that a company is "making a material contribution to the UK economy." At any rate, a travel industry relief package is being considered on the other side of the pond.

[brummy_git] 18/3/2020 08:32

New top level forecasts for accesso available here

[shanklin] 18/3/2020 08:17

Is ACSO a British company any more? Why would it benefit from any loan scheme here

[spud] 18/3/2020 08:11

Yikes! Perhaps I'll delay any reinvestment until there's more earnings visibility. spud

[1001011] 18/3/2020 08:06

No mention/guidance of the informal price the Board shot down during the formal sale process on 15 October 2019. I don't think the shareholders will let Steve off that easy.

[1001011] 18/3/2020 07:37

Looks like Steve is more serious about cost efficiency. They cut some jobs before COVID reaction, and now after they're reducing salaries and looking to reduce or cut some projects. Getting that R&D spending under control is what can help them return to profitability in a normal environment.