Accesso Technology Share Discussion Threads

[1001011] 26/4/2020 16:40

The balance sheet has $211m of assets vs. $78m of liabilities and positive net current assets in the last available accounts (though pre-virus, obviously). I'm not sure if you actually looked at the balance sheet before throwing out your assertions. At any rate, regardless of how one defines weak vs. strong, the company's market cap is trading extraordinarily below the value of its balance sheet, and that's the potential opportunity.

[arthur_lame_stocks] 25/4/2020 14:26

I don't think anything would temp me in to these at the moment, the company has a weak balance sheet, is loss making and doesn't generate any cash coupled with the lock down I can only see them needing a fundraise in the near future.

[supernumerary] 25/4/2020 11:54

Only 'a bit' ??? Hasn't stopped it happening elsewhere though has it?

I was thinking more in terms of the hospital environment though - social distancing etc, and controlling access to tests and similar - specific applications, rather than something for the general population.

[arthur_lame_stocks] 25/4/2020 11:27

Sounds a bit Orwellian to me.

[brummy_git] 21/4/2020 17:11

The faster Florida and the US can reopen its economy again the better

[1001011] 21/4/2020 16:29

Go tell that to Republican Florida governor Ron DeSantis...

[brummy_git] 21/4/2020 14:52

Disney Parks will not reopen until 2021 predicts UBS analyst. Adding "even when they do reopen, attendance levels will be 50% of 2019, and only climb back to 75% in the second half of 2021"

[1001011] 20/4/2020 07:54

In Florida, the governor is angling for a fast reopening, and the people are all too eager to visit public spaces... ...Don't expect the Florida tourism industry to be on an overly cautious timeline.

[brummy_git] 19/4/2020 18:00

Not a great read-across for US & European theme park operators.

[togglebrush] 17/4/2020 18:18

extract
• Provides ticketing e-commerce, virtual queuing and guest experience solutions
• Operates in leisure, entertainment and cultural markets in several countries
• In bid discussions after several approaches

[brummy_git] 17/4/2020 10:53

Yes if confirmed, this could be a game changer.

[1001011] 17/4/2020 10:35

"Wall Street shares are on track for a higher opening on Friday after a report suggested a coronavirus drug developed by Gilead Sciences had shown positive results in a clinical trial, giving investors hope that a treatment could ease the pandemic and open up the global economy. 

Early impressions from a study at the University of Chicago Medicine were reported by Stat news, a healthcare industry publication, showing rapid recoveries in almost all of the more than a hundred severely ill patients.

...This helped spur a 3 per cent gain in futures contracts linked to the S&P 500 index on Friday and underpinned a rally in Asian shares despite a historic contraction in China’s economy. The Europe-wide Stoxx 600 index gained 2.5 per cent and London’s FTSE was up 2.4 per cent."

[brummy_git] 17/4/2020 07:54

Looks as though Pres Trump's reopening America plan allows US theme parks to accept guests, but only with 'strict' social distancing measures in place (see below).

"Phase one includes much of the current lockdown measures such as avoiding non-essential travel and not gathering in groups. But it says large venues such as restaurants, places of worship and sports venues "can operate under strict physical distancing protocols".

If there is no evidence of a resurgence of the coronavirus, phase two allows non-essential travel to resume. The guidance says schools can reopen and bars can operate "with diminished standing-room occupancy".

Under phase three, states which are still seeing a downward trend of symptoms and cases can allow "public interactions" with physical distancing and the unrestricted staffing of worksites. Visits to care homes and hospitals can resume and bars can increase their standing room capacity.

Some regions could begin returning to normal after a month-long evaluation period, at the earliest, according to the document."

[ihatemms] 16/4/2020 20:08

But if you pay for a holiday you expect to enjoy it. Who is going to enjoy any holiday with CV on your mind at the airport, flight, hotel, at the bar, beach, theme park etc. Etc with numerous health checks everywhere and suspicions of everyone ????? Hardly a relaxing break is it.

[1001011] 16/4/2020 17:26

kemche, the people with jobs that can be done online/via webcam are holding onto them, as well as those in essential industries. Right now, 80+% of workers in the U.S. have held onto their jobs. So that's who can and will get back to their ordinary ways. For the rest, many will emerge with their old job back.

[togglebrush] 16/4/2020 16:53

No moolah but a credit card with how many weeks to worry about paying off the balance.
'
In the long term even the worst forecast leaves more people employed than unemployed. History show many cases of a feast before a famine as per Lent or a feast after a famine as a human nature trend.

[kemche] 16/4/2020 16:09

"Families confined to home for weeks are probably going to Binge on "Family Outings""

With what money? Will they all emerge from the lockdown awash with moolah?

Who knew!

[togglebrush] 16/4/2020 15:58

Trouble with long lockdowns is that after-effects equate to relief of binging on fun.
'
Drunken sailor model … three weeks at sea and a pocket full of money going say going from UK to Cape Town … then three weeks at sea and a pocket full of money going from Cape Town to Hong Kong … All the Nice Girls love a sailor.
'
US Navy carrier with 5,000 plus guys and gals sailors pulls in after 100 days at sea and the port is full of "Let me entertain you" types ready.
'
Families confined to home for weeks are probably going to Binge on "Family Outings"

[brummy_git] 16/4/2020 15:44

Los Angeles Mayor Eric Garcetti said Wednesday that the city’s ban on large gatherings like concerts & sporting events could last until 2021.

Elsewhere, NYC Mayor Bill de Blasio added that such big events would be one of the last things to reopen in New York City.

[1001011] 14/4/2020 17:02

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."

[brummy_git] 14/4/2020 13:57

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