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ACSO Accesso Technology Group Plc

602.00
-2.00 (-0.33%)
Last Updated: 14:20:55
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Accesso Technology Group Plc LSE:ACSO London Ordinary Share GB0001771426 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.33% 602.00 590.00 596.00 604.00 600.00 600.00 172,531 14:20:55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Integrated Sys Design 149.52M 9.01M 0.2179 27.63 249.86M
Accesso Technology Group Plc is listed in the Cmp Integrated Sys Design sector of the London Stock Exchange with ticker ACSO. The last closing price for Accesso Technology was 604p. Over the last year, Accesso Technology shares have traded in a share price range of 482.00p to 768.00p.

Accesso Technology currently has 41,368,273 shares in issue. The market capitalisation of Accesso Technology is £249.86 million. Accesso Technology has a price to earnings ratio (PE ratio) of 27.63.

Accesso Technology Share Discussion Threads

Showing 4701 to 4723 of 5450 messages
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DateSubjectAuthorDiscuss
14/4/2020
16:02
J.P. Morgan analyst, Alexia Quadrani: "Everybody we talk to has a very different impression of when this crisis will end. Obviously, nobody knows. We’re assuming the parks will open on June 1. I’m talking about the domestic parks—I think Shanghai will open earlier, and perhaps Hong Kong opens later. It’s largely based on a couple of things—when the lockdown and the social distancing might become less stringent. It’s also the date that Disney is accepting reservations. If you call up and you want to book a hotel at Disney World, that’s the first date you can book—June 1."
1001011
14/4/2020
12:57
This is what Disney Shanghai is currently doing



Also Disney US has just furloughed most of their park's staff

"With no reopening date in sight, Disney World is furloughing 43,000 more workers"

hxxps://eu.usatoday.com/story/money/2020/04/12/coronavirus-disney-furloughs-43-000-more-employees/2977490001/

Whereas Universal Orlando Resort and Universal Studios Hollywood said last week that they would stay closed through May 31

brummy_git
14/4/2020
05:43
Here you go 1001011

I did them a couple of weeks ago, but there're still relevant.

hxxps://www.linkedin.com/posts/paul-hill-a5994116_covid19-socialdistancing-lockdown-activity-6652258316347076608-qikS

Moreover, most of ACSO's sales fall between Easter - Sept. I can't see theme parks opening (at least fully) before then - only if capped at say 25% attendance levels.

brummy_git
13/4/2020
20:51
The curve projections show the curves tailing off by 1-June. The base case is not a lost summer. It's immense pressure to reopen the economy once numbers dip below pre-restrictions levels.
1001011
13/4/2020
06:40
FYI gents

Just posted some new research on ACSO here

hxxps://www.linkedin.com/posts/paul-hill-a5994116_acso-covid19-acso-activity-6655353582449160192-BIBY

brummy_git
07/4/2020
15:27
A nice hike up today... long may it continue
togglebrush
06/4/2020
21:06
It was a large up-day for theme park stocks and other outside-the-house sectors because of slowing numbers of new cases in Italy, Spain, and France.
1001011
30/3/2020
13:12
The stock market moves ahead of business conditions. Nobody knows if peak uncertainty and the cheapest stock market prices were on 18-Mar to 23-Mar or some point in the future. If X company's stock price is Y at some point during the summer, and X asks for money, Y could be much higher than the cheapest stock price if there is better or clearer news surrounding the coronavirus before then. Further, the premise is not a given.
1001011
30/3/2020
05:41
Agreed, but why pay a premium when you can pick it up on the cheap through either debt for equity swaps and/or bankruptcy?
brummy_git
30/3/2020
04:04
Not as far-fetched when the last time they were in lively takeover talks was the stone ages of autumn 2019.
1001011
28/3/2020
11:33
That's definitely one thing they're hoping for.

That said I never buy a stock solely in the vain hope of a takeover

brummy_git
28/3/2020
11:16
Unless of course they're positioning themselves for a takeout by Blackstone...
supernumerary
28/3/2020
10:20
Cool stay well
qs99
28/3/2020
09:52
My thoughts exactly QS99
brummy_git
28/3/2020
09:22
good call Brummy....think this may trend lower...let's see....some are buying in to "control" the fund raise coming later IMO.....
qs99
28/3/2020
09:20
The other thing to consider, is that when accesso needs to raise more money later this year (say in summer), BlackRock and Liontrust will obviously put in the cash.

However for existing shareholders, this will likely be in the form of high yield convertible debt (at maybe 10%+) along with shed loads of cheap warrants.

Hence, although the software/company/mgt is great, I will probably only consider buying back in once this forthcoming round of emergency funding has been concluded

brummy_git
27/3/2020
19:31
Someone like Six Flags or SeaWorld could choose to default on a debt payment, but I was illustrating that the entire U.S.-based tourism industry is eligible to ask for their slice of emergency loans. Remember, in 2009, Six Flags filed for bankruptcy, but all of their parks stayed open as normal. Lenders realize that they can recoup the most by allowing major theme parks to continue to exist and operate.
1001011
27/3/2020
18:46
if you've covered all the funding bases, then I agree, accesso is a top notch software provider & the stock should do very well from here
brummy_git
27/3/2020
18:21
Merlin's majority owner is The Blackstone Group, who is also in the business of lending money, and its next largest owner is the family that make LEGOs. Both have deep enough pockets to keep Merlin in existence.

In the UK, Sunak has indicated that the the BoE's initial £330 billion in lending could become unlimited as needed.

1001011
27/3/2020
17:43
What about Merlin Entertainment - ie accesso's largest customer, along with others outside the US who have to remain closed due to strict social distancing rules?
brummy_git
27/3/2020
17:39
The President and legislators have publicly asked the cruise lines to move their tax-domiciles to the Unites States. If they were to comply, they would meet the basic requirements of the CARES Act. No one is going to choose to go out of business permanently before exhausting their other options.
1001011
27/3/2020
16:50
"Major cruise lines could be left out of the coronavirus stimulus bailout"
brummy_git
27/3/2020
16:16
You're mistaken about any industry being excluded from bailouts. U.S. legislation is earmarking $454 billion to make up to $4 trillion in loans to affected entities. That mark would be ~20% of U.S. GDP.
1001011
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