Accesso Technology Share Discussion Threads

[smithie6] 04/5/2020 06:49

good news...& thanks for sharing it

----

ah
I guess that some of the Accesso staff will be producing some income, since I assume that some workers must be doing implementations (including programming & adapting any existing products) for customers who placed new contracts in the last X months (there have been various)

- new clients
- updates or new stuff for existing clients

& for the many clients in the northern hemisphere most of that work has to happen in the closed season which is the winter for places that close in the winter

[smithie6] 03/5/2020 14:58

wisewilliam

"would think their qless capability whereby everyone is in a virtual q as tried at Thorpe Park would be particularly relevant to prevent people being in long socially distant queues."

numerous uses in the crisis situation imo

- visits to hospitals & health centres for treatments

- visits to council offices & any part of the public administrations (millions of visits per year)

- A.N.Other uses

& you receive a message on your phone when it is your turn to go inside a building to be attended to

noting that doing administration in writing is not feasible, it perhaps takes x5 or x10 more time compared with face to face communication

& not everyone person is able to do a face to face meeting over a video link from a distance

-----

if my memory is correct Accesso already has a product for hospital queuing, but I might be wrong.

but if they don't then it would be quite a quick task to create one from their existing products

[smithie6] 03/5/2020 14:47

Brummy-git

"Equally you could argue that if attendance figures at theme parks are limited to say 25%-30% capacity (aka Disney Shanghai), then accesso's customers probably won't need to use/buy queuing software, since these attractions will be 70%+ empty."

but
Accesso gets more income from ticket sales than it does from queuing (is it a 60:40 ratio ?)

----

reduced capacity

China is reporting new infections apart from people arriving from abroad of 0 to 10 each day
ie. if true then they appear to virtually eradicated the virus except for in infected people which appear to all be confined/controlled.

So, one assumes that at any moment that China will allow theme parks & attractions to open at 100% of capacity.

(opening at a reduced capacity is logical since if you open anything at 100% straight off & a new infection bubble is created then it might be the end of your political career (or in China, perhaps life or 10years in prison )

---

NZ, Taiwan look to be close to being virus free & hence being able to re-oen 100% although they probably do in stages. But I guess that there is little Accesso uncome from those countries.

but it shows that things are improving....

[smithie6] 03/5/2020 14:37

from bbc website

"Florida is to lift its restrictions on Monday. Shops and restaurants will reopen but at reduced capacity and social distancing will be required. Some surgical procedures will also resume. Schools, bars, gyms, hairdressers and care homes will stay closed"

doesn't look like it has re-opened theme/water parks but a relaxation process has started

[she-ra] 03/5/2020 13:35

Now we know why Accesso continued to rise after TWO buy notes from Peel Hunt.

Like I said this is just being readied for a placing.

Shoddy journalism to not report that Accesso are "giving full consideration to additional funding options".

[wisewilliam] 03/5/2020 09:56

I would think their qless capability whereby everyone is in a virtual q as tried at Thorpe Park would be particularly relevant to prevent people being in long socially distant queues.

[brummy_git] 03/5/2020 08:03

Interesting to read the Daily Mail's queuing software comment.

Equally you could argue that if attendance figures at theme parks are limited to say 25%-30% capacity (aka Disney Shanghai), then accesso's customers probably won't need to use/buy queuing software, since these attractions will be 70%+ empty.

Waiting times for rides will in theory be non-existent?

[cheshire man] 03/5/2020 06:10

PUNT OF THE WEEK: Aim-listed Accesso provides technology to prevent queue jumping at events

By DAILY MAIL CITY & FINANCE REPORTER


PUBLISHED: 21:51, 1 May 2020 | UPDATED: 21:51, 1 May 2020



What is it?

An AIM-listed company that provides tickets and queuing technology to some of the world's biggest theme parks, museums and popular attractions – from Legoland to Six Flags and Universal.

What's the latest?

Sales from its main queue-jumping technology division have plunged to almost zero since late March when lockdown restrictions kicked in.

It has cut jobs, furloughed half of its 568 staff and says it has enough cash to last until autumn if measures ease in late summer.


Who backs it?

Liontrust is the largest shareholder with a 14 per cent stake. Other big-name institutions including Jupiter, Blackrock, M&G and Fidelity are all top-ten backers.


Why should you invest?

Peel Hunt – which has an 'add' rating on the stock – believes Accesso's virtual queuing Prism technology could be in high demand as it would ensure social distancing.

And why shouldn't you?

The leisure sector's downturn could last much longer than expected and any second waves of the coronavirus could add to the strain.

[smithie6] 01/5/2020 15:28

& if a reliable test to see if people have the virus is available at say 5$

then if people pay say 70$ to enter a theme park

then the cost of being tested at the entrance looks acceptable

& perhaps to go with friends & they get tested as well, & you get to socialise without masks etc...& being able to give/receive hugs etc (Im assuming)

there might be a queue ! :-0 ;-)

time will tell

[smithie6] 01/5/2020 15:15

maybe it's just a case of

25 pnds
20 pnds
15 pnds
10 pnds
5 pnds



& £2.32 !!

and a few ppl are buying
& those that bought at 5, 10, 15 don't want to sell at £2.32

or !

maybe 1 or 2 people who paid £5, £10, £15 are buying to bring down their average price

(if you paid £10 for say 100 shares (as an example) the cost was £1000. Buy another £1000 worth would be 423 shares. total of 523 shares for £2000, giving a new average price of £3.28/share. (only ~£1 above the current price, whereas £10/share is >£7 away, a ratio of ~7:1) So the reduction in average price per share would be really big. & they would have a much better chance of breaking even.

-----

Some countries are keen to open up again....since they need/want income

- Brasil ?
- Argentina ?
- USA ('cause Trump is from rich business class & he doesn't want that sector to suffer too much) (Florida, lot's of people on the beaches)
- Austria, low virus levels
- Africa

- NZ, Singapore, Tiawan, China are, I think, about virus free.

[1001011] 29/4/2020 21:04

Mate, the entire world economy is up today on Remdesivir news, the thing that treats the virus so things can get back to normal sooner. It's not some secret machination.

[traderglt] 29/4/2020 19:52

That's about it - there is no money coming in for foreseeable future in most if not all of their markets

[she-ra] 29/4/2020 17:45

Its being fattened up for a placing.

[brummy_git] 29/4/2020 16:22

Agreed – good price support for Accesso. Suggests that there could well be something positive going on in the background.

[togglebrush] 29/4/2020 14:11

Healthy price rise today on low volume so far

[1001011] 28/4/2020 12:07

Theme park stocks rally on reopening hopes
Apr. 27, 2020 11:25 AM ET|About: Cedar Fair, L.P. (FUN)|By: Clark Schultz, SA News Editor

Amid a broad rally for consumer-facing stocks, theme parks are having a strong day as some of the worst-case fears on park openings are fading.

The general sense in the industry is that at least some states will allow parks to reopen with social distancing measures in place. Last week, Wedbush advised that theme park operators had secured liquidity to be closed for at least a year in a worst-case scenario.

Cedar Fair (FUN +6.1%), Six Flags Entertainment (SIX +7.2%) and SeaWorld Entertainment (SEAS +14.4%) are all higher on the day. The unknown variable of if or when a second wave of COVID-19 occurs is expected to limit upside for the group.

[1001011] 27/4/2020 12:04

Last week, the UK government launched the Coronavirus Large Business Interruption Loan Scheme (CLBILS), where they would 80% guarantee loans that eligible lenders, such as Lloyd's Bank, make to affected businesses with turnover > £45 million.

I was happy to see that today accesso mentioned they are in discussions with Lloyd's over possibly using the programme. Better to potentially put the burden on government than shareholders when it's the government telling businesses to temporarily close.

[brummy_git] 27/4/2020 09:14

Updated forecasts & commentary on #ACSO here

hxxps://www.linkedin.com/posts/paul-hill-a5994116_acso-acso-lockdowns-activity-6660438823807311872-W6az

[adamb1978] 27/4/2020 07:25

Yes, that was my reading of it as well. Came across as teeing up a rights issue in the next 2-4 weeks: "We're doing everything we can, trying to make debt facilities more friendly, but keeping all options on the table"

I cant see any reason for buying at the moment and til the financing position is clarified

[qs99] 27/4/2020 06:38

agreed GWR7, one to avoid, market may even push this lower on expectation of a rights issue....

[gwr7] 27/4/2020 06:35

Cash call ahoy. Money until autumn.

[1001011] 26/4/2020 19:19

They came to written non-binding submissions that the Board said "none of which are at a level that the Board feels offers sufficient value to shareholders" at a time when the share price was in the £7's & above.

[arthur_lame_stocks] 26/4/2020 17:43

Yes and none of them came to anything, they also impaired goodwill by over $50m so clearly they paid too much for their acquisitions.