Accesso Technology Share Discussion Threads

[rivaldo] 10/5/2020 07:56

The virtual queueing system is already in place at some sites - it's a direct replacement for the previous and clunkier Q-Bot system which is presumably much lower margin as it required investment in the physical devices and supervision/collection of those devices.

Imagine if ACSO were to be the go-to company, or one of them, which brings about virtual queueing in not only theme parks and cruise ships - which it has already achieved to show off as examples - but airports, football stadiums as quoted in the article, and then restaurants, office block entrances etc etc....

[brummy_git] 10/5/2020 07:28

CEO Steve Brown is a class act. Any thoughts on whether this will cannibalise sales of its existing queuing software (re LO-Queue)

[rivaldo] 09/5/2020 23:09

In tomorrow's Mail on Sunday - certainly looking interesting, with a new contract signed too:



"Theme parks could axe queues amid plans to let customers book timeslots to meet Covid-19 safety standards

Tech firm Accesso is developing a system to allow visitors to book 'digital tickets'
Physical lining up is to be replaced by virtual queues
Accesso's clients include Thorpe Park and Merlin Entertainments

By Harriet Dennys For Financial Mail On Sunday

Published: 22:31, 9 May 2020

Thrill seekers may never have to queue for white- knuckle rides again as theme parks draw up plans for a safe reopening.

Technology firm Accesso – whose clients include Thorpe Park and Alton Towers owner Merlin Entertainments – is working on the roll-out of a system that will let customers book timeslots on rides via their mobile phones.

Visitors to theme parks face the prospect of longer waits due to the need to space people out on rides and to allow time for extra cleaning.

The technology will allow visitors to book 'digital tickets' and to keep their places in virtual queues.

The abolition of physical lining up will help it to meet Covid-19 safety standards.

Merlin, which also owns Madame Tussauds, already uses Accesso's Q-smart system as a premium option at five of its 130 global attractions including Legoland in Windsor.

Now Accesso chief executive Steve Brown is working on a blueprint to make virtual queuing the only way for visitors to access rides.

Last week, he signed a deal with the Walibi Holland theme park in the Netherlands, owned by French ski resort operator Compagnie des Alpes, to introduce virtual queuing.

Brown said the technology could also help cruise ships, football stadiums and airport security to operate safely.

'Any attraction that draws large crowds will need to open in a socially distant way,' he added. 'We are the technology version of the hand sanitiser.'"

[smithie6] 08/5/2020 10:13

"The reopening of Shanghai Disneyland could provide useful insights for companies looking to restart their operations after lockdowns.

....cut....

Virtual queuing and other technologies are also being considered Disney said"

well, we know who the world experts are & with patents !

if Disney wanted to use any innovation protected by patent, (or existing high tech queuing products), they have no choice but to use, or pay royalties, to Accesso.

[smithie6] 06/5/2020 15:21

China seems to be about virus free

& opening some theme parks on 10th May

anyone know if any of them use Accesso ?

[smithie6] 05/5/2020 20:49

interesting

vaccine test, the partnership between Pfizer & BioNtech of Germany

CEO of BioNtech seem to think it will work ! (but maybe he has to say that, it's a $10bn company I think, on Nasdaq)



"Potential coronavirus vaccine tested in Germany could supply "many millions" by end of year
From CNN’s Fred Pleitgen

Thomas Lohnes/Getty Images
Thomas Lohnes/Getty Images
An experimental coronavirus vaccine entering human trials in the US may be available in many millions of doses by the end of 2020, the CEO of BioNTech has told CNN.

The German drug maker has partnered with US giant Pfizer to distribute a potential vaccine which is already in human trials in Germany.

CEO Ugur Şahin believes the regulatory approval process could be sped up from what is historically an 18-month time frame due to the global pandemic.

"The benefit of a vaccine in a pandemic situation is much greater and therefore an approval or an authorization of a vaccine in a pandemic situation has to follow other rules than we have seen in the past,” Şahin told CNN’s Fred Pleitgen.
Şahin believes Covid-19 will be responsive to a vaccine which is he calls the “most important aspect” of vaccine development. He said the second aspect is the “very encouraging” pre-clinical data.

“We see vaccine responses, we see strong vaccine responses at even low doses. And we believe that this vaccine response, since we have seen that in different animal models will also translate into vaccine responses in human subjects," Şahin said.

If it is approved by the regulators, Şahin said the partners are “prepared to go as fast as possible” to get the vaccine to the population".

[smithie6] 05/5/2020 14:13

data from Spain, which might also apply to other countries

80-90% of the new infection numbers reported today are due to medical staff
(about ~600 of ~800)

'if' true then only about 200 in society...& maybe some of those are in the police or army (doing cleaning)

ie. that in general society that the numbers, for today, were very low, below 200.

-----

generally, imo, in Europe there has been very little visibility of how people are getting infected during the last 2 weeks (if most are isolated at home !) & who are the people that have been getting infected ....& what Govts are doing to stop those infections from happening
...this type of info should be revealed imo

....bit by bit this virus crisis will get fixed, imo, even if the politicians make some mistakes along the way

[1001011] 05/5/2020 13:26

"Carnival Corp. plans to resume sailing on Aug. 1, becoming the first major cruise operator in the Americas to outline a return to operations after coronavirus outbreaks on several ships shuttered the industry.

The company’s flagship Carnival brand said Monday it will restart initially from Galveston, Texas, and Miami and Port Canaveral, Florida. Departures from other home ports in North America and Australia are canceled through Aug. 31, and other pauses will last even longer..."

[smithie6] 05/5/2020 09:22

"Lets hope they survive through to the resumption of full normality because IMHO their revenue opportunities seem pretty minimal until then."

you accept that there are various support programmes, in the USA & in the UK ?

- UK. 80% of wages paid by the Govt. for workers put on standby & still getting paid

- loans at low interest rate

& similar stuff in the USA

-----

Accesso still has about 1/2 of their workers doing work, I think a recent RNS says. I assume doing R& D and doing updates, implementations for clients.
(update: & the Feb. 2020 RNS included this text ref. 2019. "43 new or expanded ticketing contracts.")

That does not fit with the very negative image that you have in your mind. Sure, they might need to borrow or raise some money to support some of those staff, depending on cash flow & how quickly any clients pay for update & implementation work. (and/or to support other costs such as directors, office costs..)

For big visitor attraction companies like SIX, FUN, Carnival (cruises), Merlin (Thorpe Park etc)
it is the ideal moment to do updates & implementations & for them the cost to pay Accesso to add other packages/products to their contract is , imo, negligible noting they are playing with loans/debts in terms of hundreds of millions or even a few billion $

& visitor attractions & also Accesso "must" retain their key product & system developers & operators since they would have a problem if they left !
...so it is in the interests, imo, of cos. like SIX & Accesso to keep those people working/busy, so, I'm sure they are (& as mentioned in RNSs)

[smithie6] 05/5/2020 09:11

"Will take a look at recent RNSes as my impression was that the turnaround isn't as pronounced as you describe... ...but maybe I am wrong."

I dont think I said there was a pronounced turnaround at this moment.

I think I wrote that things were changing...that relaxation had started & has a timetable in most countries.

& that the situation was very different compared to March when Europe saw rocketting infection numbers.

Now, China, Tiawan, Hong Kong, NZ seem to be reporting almost no new organic infections in general society.

[smithie6] 05/5/2020 08:53

from 40p !!

...I owned some in the 40-100p days !
but sadly I jumped on to another bus which was going past at a faster speed...

(I probably did OK, since I retired "very very" young ! :-))

& I bought some around £5 & out at around £7 as I got cold feet due to the accounting ....claiming big profits, which wasn't true due to the capitalisation of a lot of R & D costs, the crash from £30 shows I was right imo

you held from £30 to £8, ouch
tracking stop losses, in one's mind, vital imo. (not neccessarily to always sell, but a new analysis is needed if a share falls say 25% from the 20 day average, maybe top up !, or sell, but definitely consider in detail. (it doesn't always turn out ideal for 1 specific share but it, imo, it does work to grow/protect a portfolio)

[shanklin] 05/5/2020 08:46

I was a shareholder from 40p to circa £30.00 and then (sadly) down to circa £8, selling some on the way down but none anywhere near the top.

Its very unfortunate that they are so heavily affected by Covid-19.

Lets hope they survive through to the resumption of full normality because IMHO their revenue opportunities seem pretty minimal until then.

Will take a look at recent RNSes as my impression was that the turnaround isn't as pronounced as you describe... ...but maybe I am wrong.

[smithie6] 05/5/2020 08:18

not sustainable ?!

look at the last accounts, they produced cash !
....real cash, ( & after including counting 2/3 of R& D spend as investment)

& since then they cut costs, I think before the virus crisis
(perhaps partly because the directors were changed & the business model changed & because the new MD bought a stake worth hundreds of thousands of pounds...using real cash & not free shares via options

1 of his big buys was at a higher price than we are at now

he has a strong motivation to get profitability up & hence the share price

and also, even before the directors were changed the co. stated that the period of 2-3 years of high R&D spend were about finished

under Tom Burnet the company went astray imo & forgot about balancing the books or producing cash, while on the other hand they wanted to grow rapidly & they saw opportunities & succeeded in various things...ticket handling, getting on to cruise ships, acquisitions, expanding into other countries etc

[shanklin] 05/5/2020 08:07

In the very best of times, I am not convinced ACSO has shown it has a sustainable business model. I think we an all agree that the current situation is not good for ACSO... ...and much of ACSO's income is dependent on activities that are very unlikely any time soon.

[smithie6] 04/5/2020 17:58

you would agree that the situation of falling infection numbers rather than rising rapidly is an improvement for Accesso ?

& many countries starting to relax their isolation rules & having a timetable for future relaxations

and many other improvements (such as progress in virus testing, progress in vaccine testing,
& a few visitor attractions & cruise ships publishing planned dates for re-opening/starting in some format

while, yes, there is still some distance to go

-----

& share prices tend to move in advance, as you
know

but each person to their own views on risk/reward, valuation of assets etc etc

[shanklin] 04/5/2020 16:30

Are we really meant to believe the current situation is a positive for ACSO. Seems quite bizarre to me.

[smithie6] 04/5/2020 16:25

chart looks good, like a reversal of the trend direction

& the last peak on the way up (~230p) being surpassed

----

with the solid number of trades today & the steady rising price trend & the strong finish & (!!) the rising price to sell over last hours

there is a good chance of some more price rise tomorrow imo

[smithie6] 04/5/2020 16:21

interesting

while the official price to buy has stayed at 270p for a few hours

the price to sell shares has crept up, bit by bit
240p
245p
250p

je je

while there were few sells arriving, but a steady flow of buys

& now
+10p to 260p !

giving a 10p official spread,

hopefully the next step will be the 270p moving up
'cause I cant see the MMs reducing the spread any more

[smithie6] 04/5/2020 12:26

spacing between people & checking that they don't go closer than 2metres to another person; & also being able to know immediately & exactly all the other people that the watch/phone carrier has been close to

(possible new uses for Accesso technology
- hospital staff
- general population
- professional footballers/sportsmen
- police ?
- etc )


wristbands and/or mobile phones
(to which the Accesso system communicates & monitors)

to what accuracy does the Accesso know the exact location of that wristband/phone ?

does anyone know ?

[smithie6] 04/5/2020 08:45

brummy

what about a saliva virus swab test at 5-10$/test for all workers & each person entering a high cost attraction like a theme park

so everyone knows that everyone in the park is virus free & they cant be infected
(noting that yes the tests need to 100% accurate; so no tests from China !)

(& test the whole population of a country & then isolate any infected people & kaboom, 2-3 weeks later there is no active virus in that country (except for re-circulation from any infected ppl not in isolation such as in hospital wards & perhaps infecting medical care staff (so, put Covid patient hosp. staff in hotel accom. (or sports halls) so that the 2-3 period works & is not bypassed by the medical workers getting infected & going home & infecting anyone they live with; then completely lift the lockdown). (& test and/or quarentine anyone wanting to enter the country, to protect it)

& then operate all visitor attractions at full capacity (& 'the' country that tested everyone for having the virus, which appears not to be possible today but should be in future months)

such tests are not available today but should hopefully be available in June/July (the reagents are available already, few weeks ago)

----

& for lower cost attractions like Sea Life, Madam Tusauds then if the test cost would be a problem then keep to the use of masks & separation between people.
are Madam Tusaud's & Sea Life Centres still walk through type places ...imo it sounds like a much lower virus risk that visiting a supermarket...& they are all open & are not seen as a problem !!

for any seating, put tape on some seats to block them from use & hence provide separation between seats that can be used

[brummy_git] 04/5/2020 08:18

Great news 1001011. If there's no capacity limit & little risk of a 2nd CV19 wave, then #ACSO should at least experience a decent late summer & Autumn trading period.